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…
Premier Miles
Tag Archives for Premier Miles.
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…
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…
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…
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…
Qatar Airways now transfer partners for PremierMiles
PremierMiles is one of my most used credit card in India, and I definitely love it when they add more and more transfer partners. There has been a recent addition, and this is the Qatar Airways Privilege Club, where you can now transfer your PM for a 1:1 ratio. To be sure, Qatar Airways is not exactly one of the best mileage programs out there, but with this addition, PremierMiles has 2 out of the big 3 Middle-East airlines in their club, all of which incidentally offer pretty sucky redemption values. Considering QR is a oneworld member, I’d have expected similar rates for redemption on their own metal as well as partners, but this is not the case. They charge…
Citi offering 2x PremierMiles on International Spends
You know it only too well. I love PremierMiles. There are at lease 2-3 times promotional spending periods during a year, and even otherwise I earn 10 miles per INR 100 on airline spends, and 4 miles per INR 100 spend on every other spend. The last time they offered double miles, I went home with another 50K extra miles since I figured in their top 5000 spenders. Each mile converts into one airline mile with 9 FFPs, or also converts with 3 hotel partners. I’d really like them to add Starwood and Hyatt to the list of hotel partners, but overall, it is a lovely card from my perspective. Now, they are back with an International spends promotion. Something…
Your Citibank Double Miles have posted
Citibank had launched a Double your Miles promotion in November 2013, where the top 5000 registered spenders were going to get upto 50,000 extra PremierMiles. The miles were going to be credited to the accounts of the top 5000 spenders by the 15th of March 2014. So, last night, I checked into my account by sending a text message “Rewards xxxx” to (+91 9880752484) where the xxxx were the last four digits of my Citibank PremierMiles credit card. And I noticed a bounty of an extra 49,000 PremierMiles in my account. So, if you registered for the Citibank PremierMiles Double Miles promotion in 2013, check your accounts and you’ll find out if you were the top 5000 spenders or not.…
My 2014 Credit Card Strategy
Last week, I wrote about my 2013 Mileage Credit Card strategy, where I told you guys I managed to get something about 264,000 miles basis credit cards issued in India for the full calendar year. For 2014, here are the credit cards I am looking at having in my wallet. Take note that while I intend to publish full reviews for each product at some point of time, it may be a while before I would be able to bring them all in the fold. To make it simple, I’ve updated my Mileage CC calculator for 2014 numbers, so have a look and see which is the best one for you. Here are the cards I already have, and I’ll…
ICICI & Citibank PremierMiles mileage earning changes for 2014
I wanted to put out this post so that I could remind all of you of certain changes that are supposed to kick in as of January 1, 2014 for Citibank PremierMiles and ICICI Bank Jet Airways credit cards. Citibank PremierMiles had waived off the cap of INR 5,00,000 per annum on Airline tickets spend to earn Accelerated mileage (10 PremierMiles/INR 100 spend) last June as a special promotion. However, this promotion was valid only till December 31, 2013. From January 1, 2014, any airline spend as defined below, will earn 10 PM/INR 100 spend till you reach the limit of INR 5,00,000 for the year, and then you earn 4 PM/INR 100 for airline spends on an on-going basis as…
Reminder: 1 week to register for the Citibank “Double your miles” promotion
In the beginning of November, I had written about the Double your Miles Promotion that is available on Citibank PremierMiles credit cards issued in India. Under the current version of the promotion, the top 5,000 spenders for the period November 1, 2013 to January 31, 2014 would be eligible for double PremierMiles (upto 50,000 PremierMiles), which would be credited to their account by March 15, 2014. However, this is an ‘opt-in’ promotion, and hence you need to pre-register by 31 December 2013 to be able to take part in the promotion. Do note, that regardless of what date you register, your spends between November 1, 2013 and January 31, 2014 would count to decide the winners. Do look out for…
