If you’re a frequent traveler, you understand how important it is to have a credit card that rewards you for your travels. The Citibank PremierMiles Card is one of the best travel credit cards in Singapore. With its generous rewards program, you can earn miles for every dollar you spend, which you can redeem for flights, hotels, and more.
One of the key features of the Citibank PremierMiles Card is its rewards program. You’ll earn 1.2 miles for every $1 spent locally, and 2 miles for every $1 spent overseas. Plus, you can earn up to 10,000 bonus miles when you sign up and spend a minimum of $3,000 in the first 3 months. These miles never expire, so you can save them up for your dream vacation.
To be eligible for the Citibank PremierMiles Card, you must have a minimum annual income of $30,000 if you’re a Singaporean or permanent resident, or $42,000 if you’re a foreigner. The annual fee for the card is $192.60, but it’s waived for the first year. If you’re looking for a credit card that rewards you for your travels, the Citibank PremierMiles Card is definitely worth considering.
Key Takeaways
- The Citibank PremierMiles Card is a great travel credit card for frequent travelers.
- You can earn miles for every dollar you spend, which you can redeem for flights, hotels, and more.
- To be eligible for the card, you must have a minimum annual income of $30,000 if you’re a Singaporean or permanent resident, or $42,000 if you’re a foreigner.
Key Features of Citi PremierMiles Card
If you’re a frequent traveler and looking for a miles card, the Citi PremierMiles Card is a great option to consider. Here are some of its key features:
Miles Earning Potential
With the Citi PremierMiles Card, you can earn miles for every dollar spent on your card. You’ll earn 1.2 Citi Miles for every $1 spent locally and 2 Citi Miles for every $1 spent overseas. The best part is that your Citi Miles never expire, so you can accumulate them over time and use them whenever you want.
Complimentary Travel Insurance Coverage
The Citi PremierMiles Card also comes with complimentary travel insurance coverage of up to $1 million. You’ll be covered for medical expenses, trip cancellations, and other travel-related mishaps. To activate your travel insurance coverage, all you need to do is charge your full travel fare to your Citi PremierMiles Card.
Exclusive Lounge Access
As a Citi PremierMiles Cardholder, you’ll also enjoy exclusive lounge access to over 1,000 airport lounges worldwide. Simply present your Citi PremierMiles Card and your boarding pass to gain access to the lounge. This perk is perfect for those long layovers or delayed flights.
In terms of fees, the Citi PremierMiles Card has an annual fee of $192.60, which is waived for the first year. Overall, the Citi PremierMiles Card is a great miles card for those who love to travel and want to earn miles that never expire.
Financial Prerequisites and Fees
If you’re considering applying for the Citibank PremierMiles card in Singapore, it’s important to be aware of the financial prerequisites and fees associated with the card. Here’s what you need to know:
Minimum Annual Income
To be eligible for the Citibank PremierMiles card, you’ll need to have a minimum annual income of $30,000 if you’re a Singaporean or permanent resident, or $42,000 if you’re a foreigner. If you don’t meet this requirement, you may want to consider applying for a different credit card that better suits your financial situation.
Annual Fee Waiver
The Citibank PremierMiles card comes with an annual fee of $196.20, inclusive of 9% GST. However, there are ways to get the fee waived. For example, you may be eligible for a one-year annual fee waiver if you apply for the Citi Rewards Card or Citi Prestige Card. Additionally, you can get a one-year annual fee waiver for the Citibank PremierMiles card if you apply for a basic and all supplementary cards. If you’re looking for a card with a perpetual fee waiver, the Citi Prestige Card is a good option.
Associated Charges
In addition to the annual fee, the Citibank PremierMiles card comes with other charges that you should be aware of. For example, there’s a foreign currency transaction fee of 3.25% of the transaction amount, which can add up if you frequently travel overseas. There’s also a late payment charge of $100 if you don’t pay your bill on time, and an overlimit fee of $40 if you exceed your credit limit. Finally, there may be other service fees associated with the card, such as a replacement card fee or a cash advance fee.
Overall, the Citibank PremierMiles card is a great option if you’re looking for a travel credit card in Singapore. However, it’s important to understand the financial prerequisites and fees associated with the card before you apply, to ensure that it’s the right choice for you.
Rewards and Benefits
If you’re looking for a credit card that rewards you for your spending, the Citibank PremierMiles card is a great option. Here are some of the rewards and benefits you can expect:
Local and Overseas Spending Rewards
With the Citibank PremierMiles card, you can earn up to 1.2 miles for every $1 spent locally and up to 2 miles for every $1 spent overseas. This makes it easy to rack up miles quickly, whether you’re travelling abroad or just spending money locally.