Citibank Premier Miles credit card was a favorite card for many until it got devalued heavily last year. Its one of the premium credit card issued by Citibank under Visa Signature Variant and as we know, any card that gets into many hands typically ends up in some kind of devaluation as banks are here to make money and not see us redeem the points promptly 😀
- Annual/Renewal Fee: Rs.3000+tax
- Welcome Bonus: 10,000 Miles equivalent to Rs.4,500 (compensated well for the fee)
- Renewal Bonus: 3,000 Miles (not so good)
Premier Miles got its status because of its feature to transfer reward points to lots of international hotel/airline loyalty programs. Only Citi has the major hotel points transfer partners as its a multinational company and hence partnering with international hotel chains/airlines is not a big deal for them.
Citibank Premier Miles Rewards
- Earn 4 Miles for every Rs.100 spent
- 10X points with Specific partners like Makemytrip
- 1 Reward Point = Rs. 0.45 (Premier Miles Portal)
- Reward Rate: 1.8%
You can book revenue flight tickets using the miles on PremierMiles website, which is more like HDFC Regalia website. HDFC Premier Miles is managed by Goibibo, and so flight booking gets easy for them this way.
Features of Citi Premier Miles Credit Card:
- Card Expert Rating: 4/5
- Reward rate: ~1.8% normally, upto ~4.5% on accelerated 10X rewards
- Complementary Airport lounge access: Yes, VISA variant gives 8 free visits per quarter. The MasterCard variant gives 6 free visits per quarter.
- Foreign Exchange Markup fee: 3.5% + Service Tax
- Special Benefits: Citi Partner Offers are Good
Overall, Citi Bank Premier Miles Credit Card has pretty good benefits to be rated under Visa Signature platform, but it doesn’t sound great as HDFC Regalia which gives better Markup fees and 12 free Lounge access via Priority Pass Lounge program.
However, i’m thinking to get hands on Premier Miles Credit Card and eventually on Citi Prestige card mainly due to its hotel points transfer ability. Wish to play with Hotel Loyalty programs in near future 🙂
Do you hold Citi PremierMiles Credit Card? Do share your experience in comments below.