Citi

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Citibank sharply devalues PremierMiles, another time!

I hate to start the New Year with some sad news. In 2011, I’d called the Citibank PremierMiles the best travel credit card around in India, because you could earn 1 airmile across airline programs for every INR 25 spend, and then you could earn 1 airmile across airline programs for every INR 10 spend for air tickets or booking via specific websites. With effect from February 1, 2015, all that changes.Citibank is devaluing the transfer ratios for the transfer to their partner airlines from 1:1 to 2:1, which means, 2 PremierMiles = 1 Airline Mile. For your reference, the following airlines are partners with Citi for conversions to airmiles: Cathay Pacific Delta Airlines British Airways Thai Airways Malaysia Airlines…

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India’s best loved miles are Citi & JetPrivilege

A few days ago, I did a dipstick survey with my readers about which were the miles they liked to accumulate and use most. I did get a fair number of responses, and on tabulating all of them, it looks like Citibank and JetPrivilege miles are the most popular ones, neck to neck with each other. The odd entries were the ones for AAdvantage and Emirates Skywards with one entry each. Air India Flying Returns miles showed up, but not in as many numbers as Citi and JP. Citi (PremierMiles & Prestige) Citibank offers the PremierMiles card which allows you to earn 10 miles/INR 100 spent on air tickets directly with the airline, as well as with certain other partners…

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Etihad Gold till March 2016 with Citi Prestige

One of the key reasons for me to have signed up with the Citi Prestige Credit Card which was launched in India earlier this year, was the plethora of status it comes with in terms of travel. Some of it I need, some of it I don’t. One of the first requests I filed in to get a Status upgrade was on Etihad. Etihad offers Gold status, which is their second-from-top status to Citi Prestige Members. This could be useful for members in India since you are getting an alternative to Jet Airways’ Gold status, and it comes with pretty much similar benefits on Jet Airways as Jet Airways’ Gold status, apart from being useful on other airlines such as…

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Have Citibank PremierMiles and Jet Airways patched up?

It has been a rocky relationship for the past two years after Citibank and Jet Airways broke up. First, Jet Airways disallowed Citibank to offer redemptions on PremierMiles, which were significantly cheaper than Jet Airways’ own JP program. Then, overnight, JetPrivilege and Citibank cut ties on the transfer partnership for PremierMiles –> JetPrivilege Miles.  Endgame was the removal of Jet Airways flights from the PremierMiles portal and a new way to redeem for Jet Airways flights. Ultimately, Citi and Jet Airways slammed the door on each other by discontinuing their Ultima relationship as well. Things have been changing over the past few weeks though. May I say Time is the greatest healer. First, out of nowhere, I saw that Citi…

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Reminder: 4 more days to get Citibank PremierMiles referrals

Earlier this month, I’d put out information about a great referral offer that was being run by Citibank for existing PremierMiles card holders, who can refer their friends and family for new Citibank PremierMiles credit cards. The referrer gets 5000 PremierMiles for each successful application they make, and this is capped at 5 PremierMiles cards referrals per card member. For taking up on this offer, the referrer has to generate and send out custom email links by September 30, 2014, while the receiver of the referral offer has up to October 31, 2014 to apply using that link and get approved for the credit card. In case you choose to apply for the card, you get 10000 PremierMiles in the…

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Earn upto 25,000 PremierMiles with Citibank PremierMiles referrals

Apart from the existing referral program, where Citibank is offering INR 2000 as cashback to referrers for sourcing new members till September 30, 2014, there is another referral program going on through out September 30, 2014 for sourcing Citibank PremierMiles cards only. Like with the other promotion, you need to use the link (in this page above) to generate custom links for everyone who you want to invite for a new Citibank PremierMiles Credit Card. Once this is done, they have a month to apply using the custom link sent to them. If the card gets approved, you get 5000 miles for each successful referral, up to 25000 miles.For each new applicant, you get 10,000 PremierMiles for opening a new…

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Citibank adds Jet Airways as a conversion partner for Citi Prestige India

When Citibank launched the Prestige Card in India, they did not have Jet Airways listed as a conversion partner. The initial list of airline conversion partners were the following: AI Flying Returns SQ KrisFlyer BA Avios Thai Airways Royal Orchid Plus Malaysia Airlines Enrich Eva Air Cathay Pacific AsiaMiles Delta SkyMiles Etihad Airways However, a comment from a reader, Manish Singh, got me curious if Jet Airways was brought on board, and this afternoon I managed to check up the Citibank Prestige website, which does include Jet Airways as a conversion partner now. While I am personally rolling in more JPMiles than I perhaps need at this moment and won’t use this conversion partner, I figure some of you may…

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Citibank, Axis Bank & American Express Credit Card Referrals in India

Citibank offering up to INR 9999 for member referrals in India Citibank ran a pretty lucrative member-get-member promotion earlier in the year, where they offered the originating member (who made a referral INR 2,500) per card referral which was successful. Citibank is now back with a new promotion, where you get INR 2,000 per card referral which is successful, up to 5 cards for INR 9999. I think the INR 9,999 limit comes into play because at INR 10,000 or more, they’d have to start doing Tax Deductions and issue TDS certificates as well. You need to have an existing Citibank Credit Card or Citibank Savings Account to be able to make a referral. The person you refer to, should…

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My Credit Card Strategy 2014 update

In the beginning of the year, I wrote my credit card strategy for 2014. I’ve been meaning to give a mid-year update, but not been able to do so far. Anyhow, lets take a look now at how things are going, and what may be the plan ahead. Here are the credit cards I already have, and my view on them. Citibank PremierMiles Visa (Keep): This is my favourite credit card all around, and if you’ve poked around this blog, you would have noticed I love this product. I intend to keep it and use it as my primary card to book airline tickets and make use of all the special Citibank promotions that come 3-4 times a year, such…

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Your Citibank PremierMiles International Spends bonuses have posted

Citibank PremierMiles Credit Card was offering a 2x bonus on International Spends during the period May 1, 2014 to June 30, 2014. Here, for all your spends in International Currencies during this period, you got double the miles. So, for buying air tickets outside of India, you got 20 miles per INR 100 instead of 10 miles per INR 100, and regular spend got 8 miles per INR 100 instead of 4. I did take part in this promotion, and made good use of it over my travels in these months, however I recently converted my Citibank PremierMiles to Prestige, and hence left a lot of these miles on the table. I think I left about 6000 miles behind, but…

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Citibank Premiermiles: New Signups get extra 10K miles for INR 50K spend in 60 days

The days of American style sign up bonuses are finally coming into India. There is a new promotion that has been sent out to members of Singapore Airlines KrisFlyer program this morning, which gives you an extra 10,000 PremierMiles for spending at least INR 50,000 on the new card within 60 days of activation. While I have a review of the Citibank PremierMiles Credit Card I did in 2012, here is a quick summary of the features: All spend earn 4 PremierMiles per INR 100 spend Airline purchases and accelerated partner spends earn 10 PremierMiles per INR 100 spend. GoIbibo, Yatra, Raymonds, Bookmyshow are some of the accelerated spend partners. All PremierMiles convert to Airline miles in a 1:1 ratio…

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