Credit Cards Deals

Citi extends 16,000 miles sign-up bonus for the Rewards card

From now till 31st January 2024, get 16,000 bonus miles as a new-to-bank Citi Rewards cardholder, with just S$800 spend in the first 2 months.

Last year Citi upsized its usual 10,800 miles sign-up bonus for the popular Citi Rewards card, with a generous 16,000 miles offer, subject to a retail spend of S$800 in the first two full calendar months of card membership, for new-to-bank credit card applicants.

The deal has now been extended again for those who apply between now and 31st January 2024, so if you’re new to Citi or you cancelled your last Citi credit card over a year ago – it’s a good time to consider this offer.


Unfortunately new-to-bank status is still a must for this deal.

The offer still excludes those who have held any Citi credit card as primary cardholder in the last 12 months prior to application date, but you may now find that you can take advantage between now and the end of January 2024 if you’ve previously had a Citi card and your 12-month wait (without one) is coming up.

16,000 miles sign-up bonus

The sign-up bonus for the Citi Rewards card for those not currently holding a Citi credit card and having not held one in the last 12 months prior to application date, is worth 16,000 miles.

It requires a minimum spend of S$800 in the first two full calendar months starting from the end of the calendar month of card approval.

16,000 miles when you spend


For example, if you are approved for the card on 20th November 2023, the qualifying spend period is from that date until 31st January 2023 (two full calendar months from 1st December 2023).

Bonus miles are awarded within three calendar months of the end of the qualifying spend period (i.e. by 30th April 2024 in the above example).

Pro Tip: Try to get your card approved towards the beginning of a month (e.g. early September) to give yourself almost three months to meet the minimum spend.

This card also features full fee waiver for the first year of membership as standard.

$Card MC 2020


Spend exclusions

As usual with these promotions, your S$800 qualifying spend must fall outside the following excluded categories:

  • Equal Payment Plan (EPP) purchases.
  • Refunded / disputed / unauthorised or fraudulent retail purchases.
  • Quick Cash / Ready Credit PayLite and other instalment loans.
  • Paywise / cash advance / quasi-cash transactions, balance transfers, annual card membership fees, interest or goods and services taxes.
  • Bill payments made using the card as a source of funds.
  • Late payment fees.
  • Any other form of service / miscellaneous fees.

Citi PayAll transactions are counted as eligible spend (there’s a 1.8 mpd offer currently running including for Citi Rewards cardholders), but do note that PayAll transactions where you opt not to pay the 2.2% processing fee do not count towards the minimum spend requirement for the sign-up bonus.

Existing Citi customers

If you are an existing Citi credit card holder, or had a Citi credit card account which was terminated in the last 12 months immediately prior to application, you unfortunately won’t be eligible for this sign-up bonus.

Pro Tip: If the one-year anniversary of your last Citi credit card cancellation comes up partway through this promotion period, wait until a year has passed then sign up to qualify for the 16,000 miles bonus.

One exception is if you are a supplementary cardholder with Citi in Singapore, but not the main cardholder on any such account (in the last 12 months), you will be eligible for the sign-up bonus when you apply as a main cardholder.

How it works

Provided you are eligible, and you apply for a Citi Rewards card on or before 31st January 2024, which is subsequently approved within 30 days, you will be awarded 40,000 bonus Citi ThankYou Points (TYPs) provided you spend at least S$800 on the card in the qualifying spend period, as defined above.


These are true bonus points, since you’ll also accrue Citi ThankYou Points at a rate of 1 per S$1 (or 10 per S$1 in eligible bonus categories) for your first S$800 spending on the card as usual, on top of that.

Remember that Citi ThankYou Points transfer to airline miles at a 2.5:1 ratio, which is why the 40,000 TYPs bonus is actually only worth 16,000 miles.

Earning rates

The Citi Rewards card earns just 0.4 miles (1 Citi ThankYou Point) for every S$1 spent both locally and overseas, though the real key to this card as you’ll see from our full review is the 4 miles (10 Citi ThankYou Points) per S$1 spent on shoes, bags and clothes at online or retail stores, or department stores, both locally and overseas.

Since March 2019, Citi also added online retail transactions (excluding mobile wallet top-ups / payments and travel-related transactions) to the list earning at the 4 mpd rate. That’s a very useful category as it includes things like online food delivery, Amazon purchases, Grab and Go Jek rides, etc.

For all the eligible MCC (merchant category codes) and exclusions, see our detailed review of this card, which is fee-free in the first year.

Citi Rewards Card

First year

4 mpd

10 transfer
Citi Rewards Credit Card

First year

4 mpd

10 transfer

Unfortunately in October 2018 Citi amended the S$12,000 annual cap for bonus miles earning at the 4 mpd rate using this card with a S$1,000 monthly cap instead, meaning it no longer works for large one-off purchases.

Total earning can be up to 19,200 miles

As you may have already concluded, you can actually do much better than Citi’s advertised “40,000 ThankYou Points (TYP)” welcome gift, by ensuring all your S$800 spend is in the 10X (4 mpd) category. For example:

  • 800 TYP (S$800 x 1 on all spend)
  • + 7,200 TYP (S$800 x 9 bonus category spend)
  • + 40,000 TYP (welcome bonus)
  • = 48,000 TYP total (19,200 miles)

This works out as an impressive 24 miles per dollar for that S$800 spend, provided you stick to the bonus categories.

However, it’s important to remember the bonus remains 16,000 miles whatever you do, since you’d get 8,000 of those ThankYou Points (3,200 miles) for S$800 spend in the bonus category using this card even without a sign-up offer running.

Citi ThankYou points are very flexible

One of the best things about Citi ThankYou points (and Citi Miles) in Singapore is the wide range of transfer partners compared with other bank loyalty points.

You can transfer your miles into 10 different frequent flyer programmes and into IHG points.

Singapore credit card to FFP transfers

    AMEXtrans BOCtrans2 CITItrans DBStrans2 HSBCtrans2 MAYBANKtrans2 OCBCtrans2 SCtrans2 UOBtrans2
Star Alliance Star KF Logo trans
oneworld AM Logo trans  
SkyTeam Circle CItrans                
Others Circle EYtrans            

As you can see from the table above, Citi gives you a wide range of flight redemption options including oneworld and SkyTeam carriers.

For a full list of which credit card loyalty points balances transfer into which frequent flyer programmes or hotel loyalty schemes in Singapore, check out our comprehensive guide here. It also gives examples of some of the alliance and partner airline redemptions you can achieve that you might not have considered before.

A great use for Citi ThankYou points is a transfer to Qatar Privilege Club for a Business Class redemption on Qatar Airways from Singapore to Europe for 70,000 miles (e.g. Athens) or 75,000 miles (e.g. London), plus around S$260 in taxes and fees.

That’s at least 28,500 miles less than Singapore Airlines is now charging with KrisFlyer miles for Business Class saver awards on its Europe flights.

The Qatar Airways Qsuite. (Photo: MainlyMiles)

Qatar redemptions also get you access to Changi’s best Business Class lounge, recently reopened and boasting à la carte dining, Champagne, and a selection of cocktails from the Martini Bar. See our comprehensive review for full details.

It’s something definitely worth considering for your travel plans, now that travel is back to pre-COVID times.

Be careful – Citi ThankYou Points expire!

Citi ThankYou Points accrued using the Citi Rewards card “are valid for a period of 60 months”. That’s five years, which sounds very generous, but beware – it’s not as simple as the bank makes out.


In fact you have to accrue and redeem your points in fixed five-year periods, which is not really the same thing. For example, if you open your card account on 1st July 2020 your first 60-month reward period ends on 30th June 2025. All remaining points accrued on that date will then expire 3 months later, no matter whether you earned them five years ago or in the last week of June 2025!

We have a full article outlining how the policy works and how you also need to be careful when approaching your five-year expiry date to ensure you won’t be left with wasted ‘orphan’ expiring miles, which takes a little planning on your part!

This strange policy is quite unlike the Citi PremierMiles card (see our review) and Citi Prestige card (see our review) where the miles or points earned never expire.

Terms and conditions

Full terms and conditions for the Citi Rewards 16,000 miles sign-up bonus are available here:

 Citi Rewards Welcome Offer T&C


Citi has extended its generous 16,000 bonus miles promotion for new-to-bank cardholders picking up its popular Rewards card for those applying between now and 31st January 2024.

This is a really decent offer, given the low spend requirement of only S$800 in the first 2-3 months.

Remember that to be eligible for the deal you have to be new to Citi credit cards in Singapore (or at least new in the last 12 months). Existing customers, even those holding other Citi credit cards, won’t get the bonus.

Also worth considering if you’re new-to-bank is Citi’s 30,000 miles sign-up bonus for its PremierMiles card, with the same minimum spend of S$800 in the first two months, also valid until 29th January 2024 for new Citi customers.

Fast Facts

Annual fee: $194.40/yr (first year free)
Standard earn rate:
0.4 miles per $1
Bonus earn rate: 4 miles per $1
Foreign transaction fee:
Minimum Age:
Minimum income (Singaporean / PR): $30,000/yr
Minimum income (Foreigner): $42,000/yr

16,000 miles when you spend


Links on Mainly Miles may pay us an affiliate commission.

(Cover Photo: Shutterstock)


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