Citibank PremierMiles Credit Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Receive a Welcome Benefit of 10,000 Miles when you spend Rs. 1000 or more using the Citibank PremierMiles Credit Card within 60 days of receiving the card. Earn 3,000 Miles every time you renew your card membership. Get 10 Miles for every Rs. 100 spent on airline transactions or on the Citibank PremierMiles portal. Earn 4 Miles for every Rs. 100 spent on all other purchases. Redeem your Miles on over 100 Airlines and transfer them to partner airlines or hotel loyalty programs. Enjoy access to domestic lounges at select airports in India. Receive up to a 20% discount on your bill at partner restaurants.

The Citibank PremierMiles Credit Card is a travel-focused card that provides a range of benefits and rewards for frequent flyers.

With a joining fee of Rs. 3,000 plus applicable taxes (complimentary for Citi Gold account holders) and a renewal fee of Rs. 3,000 plus applicable taxes (also complimentary for Citi Gold account holders), this card is best suited for travelers who want to maximize their rewards and enjoy exclusive perks.

One of the standout features of this card is the welcome benefit of 10,000 Miles on spends of Rs. 1,000 or more in the first 2 months of card issuance.

This allows cardholders to start earning rewards right away.

Additionally, the PremierMiles Credit Card offers up to a 20% discount on dining bills at partner restaurants, making it a great choice for food enthusiasts.

When it comes to earning rewards, the card offers 10 Miles for every Rs. 100 spent on airline transactions and 4 Miles for every Rs. 100 spent on all other transactions.

However, it's important to note that certain spend categories do not earn any Miles.

The reward points can be used to make travel bookings or transferred to various hotel and flight loyalty programs, providing flexibility and value for frequent travelers.

For added convenience, the PremierMiles Credit Card also offers complimentary domestic airport lounge access.

With the MasterCard variant, cardholders can enjoy 6 domestic lounge access per quarter, while the Visa Signature variant offers 8 domestic lounge access per quarter.

This is a great perk for those who seek comfort and relaxation while traveling.

In terms of insurance benefits, the card provides personal air accident cover worth Rs. 1,00,00,000, offering cardholders peace of mind during their travels.

While the Citibank PremierMiles Credit Card offers many attractive features, it's important to consider certain charges.

The card has a foreign currency markup of 3.5% of the transaction amount, which should be taken into account when using the card for international transactions.

The interest rate is 3.75% per month (or 45% per annum), so it's wise to avoid carrying a balance to minimize interest charges.

Additionally, there is a cash advance fee of 2% or the amount withdrawn, subject to a minimum charge of Rs. 300.

Overall, the Citibank PremierMiles Credit Card is a solid choice for frequent travelers who want to maximize their rewards and enjoy various travel-related perks.

With its welcome benefit, reward points, airport lounge access, and insurance benefits, this card provides a range of benefits that can enhance the travel experience.