Citi PremierMiles Card
- APR
- 27.9% – 27.9%
- Annual Fee
- $196.20
- Rewards
- Up to 2.2%
- Sign-Up Bonus
- $25k
You'll be redirected to www1.citibank.com.sg
Our Verdict
The Citi PremierMiles Card offers excellent travel rewards, especially for frequent flyers. However, it's not ideal for those who spend primarily on local purchases.
Pros
- 2.2 miles per S$1 spent overseas
- No-expiry miles for unlimited flexibility
- 2 free Priority Pass lounge visits annually
- Comprehensive travel insurance coverage
- First-year annual fee waived
Cons
- 27.9% APR is relatively high
- Annual fee of S$196.20 after the first year
- Lower local earning rate compared to some competitors
- Significant spend required to maximise benefits
- Limited rewards on non-travel purchases
The Citi PremierMiles Card is a strong contender for avid travellers, offering 2.2 miles per S$1 on overseas spending. This is a significant advantage for those who travel frequently, as every purchase abroad can lead to substantial mile accumulation. Locally, however, the earning rate drops to 1.2 miles per S$1, which may not satisfy users who primarily spend in Singapore.
Our analysis found that the card's no-expiry miles policy provides an excellent incentive for long-term travellers. Unlike many cards that impose expiration dates, this feature allows users to accumulate miles without the pressure of losing them. Additionally, the inclusion of two free Priority Pass lounge visits per year enhances the travel experience, making long layovers more comfortable.
Nevertheless, potential cardholders should take note of the 27.9% APR, which is on the higher side. This can be quite burdensome if balances are not paid in full each month. The annual fee, which stands at S$196.20 after the first year, also means that users need to ensure they are utilising the benefits to justify the cost.
For those who primarily spend on travel and can take advantage of the perks, this card shines. However, if most of your purchases are local and you’re looking for cash back or lower fees, alternatives like the DBS Altitude Card or the UOB PRVI Miles Card may provide better overall value. For more details, visit Citibank's official page here.
Watch Out
Be aware of the high annual fee after the first year and the steep interest rate if you carry a balance.
Best For
Best suited for frequent travellers looking to maximise miles on overseas spending. Not recommended for everyday spenders or those seeking cashback.
You'll be redirected to www1.citibank.com.sg
