Citibank PremierMiles Credit Card Review: Benefits, Eligibility, & Fees

Today we will review Citibank PremierMiles Credit Card and will also discuss about the cards fees, features, benefits, offers, and eligibility.

Finding a genuine premium credit card for travel in India can be tough. Are you looking for it? If the answer is yes, we have some information that actually holds importance for you. Through this article, we provide you all the information you need to know about the Citibank PremierMiles Credit Card. This credit card offers people who spend most of their time traveling with required facilities loaded with a lot of additional advantages which makes it essential for travelers in India. So in case, you are giving a thought which bank credit card you should go for in India being a frequent traveler, and finding out which is the right credit card for you? Read further to know.

Citibank PremierMiles Credit Card Review 2019

PremierMiles got its reputation because of its specialty to carry reward points to many sorts of global hotel/airline loyalty chains. Only Citi has the major hotel points transfer partners as it’s a multinational company and therefore partnering with international hotel chains/airlines is not such a big task for this group.

The following are the basic characteristics that make Citi PremierMiles Credit Card a perfect choice:

  • It is awarded as high as 4 stars on 5 Rating by Credit Card Experts.
  • The card comes with a reward rate of 1.8% normally, up to 4.5% on accelerated 10X rewards
  • Along with this Complementary Airport lounge access. You would be amazed to know that this VISA variant grants 8 free visits per quarter. Unlike the MasterCard variant, which allows 6 complimentary visits per quarter.

The Foreign Exchange Markup fee is 3.5% + Service Tax.

The Special perks are that the Citi Partner Offers are of varied range and come as a good option. Some key highlights of the card include :

  • You can Earn PremierMiles every time you use your card.
  • The annual fee you need to pay is Rs.3,000
  • You earn 10 miles for each time you spend Rs.100.
  • The Citi group has a tie-up with 100+ airlines. Thus you can book your tickets on the PremierMiles website with the points available with you.

Advantages of owning a Citibank PremierMiles Credit Card are mentioned as follows:

The great pleasure of Bonus Miles: 

With Citibank PremierMiles Credit Card you get the bonus of 10000 miles just by spending Rs 1000 or more within the first 60 days of the issue of the card to you.

Keep Earning More and more Miles:

How can you earn Miles faster?

You can receive 10 miles for each Rs.100 that you employ on airline deals at the company’s official website: www.premiermiles.co.in.

Thus booking from the host’s website can guarantee you fair deals at the best price along with the privilege of faster miles offer.

Choosing to buy your ticket from the travel associates of Citibank you can also earn 10 miles for every Rs.100. There is a wide range of partners associated with the bank. You need to be sure of if the site is registered with the bank or not to avail this benefit.

Alternative Source of Earning Miles:

You can gain 4 miles each time you spend Rs.100 on any distinct activities.

Redeem Miles With no Hustle and Bustle:

These miles can easily be redeemed at various national and global airlines. Your miles can simply be transferred to different Citibank hotel and airline alliances.

To get exclusive vouchers and commodities from lavish brands to provide you with a wide range of options, try using Citibank catalog.

 Additional miles for Frequent Flyer Program (FFP) members:

In case you have taken membership of Frequent Flyer Program (FFP) of any airline, you have a great advantage. You are entitled to twice the advantages if you also maintain a Citibank PremierMiles credit card. The following perks come to you while booking your tickets through the Citibank PremierMiles credit card.

  • 10 miles for every Rs.100 spent
  • Your conventional FFP miles for flying with that particular airline.

This is nothing less than extra happiness at almost half the cost you would have to pay otherwise.

Never-ending Air Miles:

The most useful element here is that the card provides you with the evergreen miles. This implies that the miles you earn will never expire. So, the miles you receive are inexhaustible in existence period and can be put into use as per your demand.

Now, this makes it the right card! Redeeming your miles before a designated date is no more an issue, you no longer need to worry about and hence use them carefully by planning things.

Free Access to Airport Lounges:

Being a Citibank cardholder, you can have a lot of fun as there is no extra charge to get the lounge facility in airports. You get lounge access to only limited airports but being the primary members makes a difference. This makes your traveling experience more alluring and comfortable. Although one cannot ignore the numerous terms and conditions that come along like a minimum of 6 visits per calendar quarter.

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Easy To Transfer Miles Option:

Just in case you think of transferring the miles, it is easy to convert them with the hotel or other partners of the bank. The conversion rates vary from airline to airline and from one hotel to another luxury hotel. This is fundamentally produced in the ratio of 2:1 Mile conversion with Citibank’s airline partners.

*10 miles makes it to 1 TIC point, the conversion for hotel associates like Taj Inner Circle.*

Apart from this, there are some not to miss perks of owning a Citibank credit card that could really be beneficial for Indian users.

  • The credit card makes it a great deal to enjoy lavish food at significant restaurants as you can dig up to 15% discount across 1500+ partner restaurants.
  • The Citibank is a global chain, and thus your Citibank credit card lets you explore unique, attractive deals despite being overseas on holiday.
  • Free Insurance Coverage: In case you meet an accident while traveling on the Airlines or miss your card somewhere, you can apply for the insurance cover plus and lost card liability cover as well.

Are you Eligible to apply for Citi PremierMiles card?:

After you have decided that the Citi PremierMiles card suits your needs the best, the next step is to know what makes you eligible to own the travel card and what are the necessary documents you need to carry along to possess the Citi PremierMiles Card.

The following are the requirements that you need to stand on to be eligible to apply for the Citi PremierMiles Card.

  • 21 years of age is the minimum requirement to apply for the Citi PremierMiles Card.
  • The maximum age until you can apply for the Citi PremierMiles card is 65 years.
  • The income guidelines change from time to time and will be notified when you apply for the card.
  • It is important to be a resident of India and then only you can approach the bank for this card.

Fees & Charges of the Citi PremierMiles card:

Credit Card Fee Type Charges
Annual fee Rs.3,000 (Complimentary for Citigold customers)
Supplementary card fee Nil
Interest rate 3.1% to 3.5% per month or 37.20% to 42% per annum
Cash advance fee 2% for domestic withdrawal with a minimum amount of Rs.300.
Late payment fee Rs.100 per month
Over credit limit fee 2.5% of the over limit amount, subject to a minimum of Rs.500
Cheque return or bounce fee Rs.350 per return
Statement request fee Nil
Railway ticket booking surcharge 1.8% of the transaction value
Re-issue of the card Nil
Cash payment fee (over the counter) Rs.100 per deposit
Cash payment at ATMs Rs.50 per payment
Foreign currency transaction fee 3.5%

For more information about Citi PremierMiles card refer to this PDF from the bank website.

Apply for Citi PremierMiles card

What are the documents required to apply for Citi PremierMiles card?

Address proof (One of the mentioned documents)

  • Passport
  • Telephone bill
  • Electricity bill
  • Passport
  • Voter ID card
  • Ration card
  • Aadhaar card

Identity Proof (One of the mentioned documents)

  • Passport
  • PAN Card
  • Ration Card
  • Aadhaar card
  • Voter’s ID card
  • Driving license

Income proof (For salaried)

  • Recent payslips
  • Last 6 months bank statements

Income proof (For self-employed)

  • Recent ITR (Income Tax Returns)
  • Audited profit and loss statement
  • Balance sheet

Other documents

  • Duly-filed application form
  • Passport size photographs

Some additional benefits of owning a Citi PremierMiles Credit Card:

This card happens to have infinite highlights, which makes it ideal for regular flyers. Here we discuss some of the unique characteristics that you could avail using the PremierMiles card.

  • The Easy Reward Track Option Availability: It just takes an SMS to track the Air Miles you have been allotted. All you need to do is to SMS: REWARDS + ‘the last four digit of your registered mobile number’ to 52484 or 9880752484 to know your reward points status anytime. You can also check the reward point status on the Citibank web portal, which is more easy and convenient.
  • Free insurance: There are different insurance covers offered to you at no extra cost. The accidental insurance cover of up to Rs.1 crore is readily available and the lost card liability cover of Rs. 2 lakhs as well.
  • Immediate reward redemption: The accumulated reward points can be immediately redeemed by making purchases at selected journey partners, including goibibo.com, IndiGo, makemytrip.com, and yatra.com. The amount of every 100 miles is Rs.45 on travel gateways.

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No dilemma, Citibank PremierMiles Credit Card had a long list of advantages that makes it one of the popular one of the safest option to be considered as it offers significant savings. One of which being able to redeem your air miles at various airlines without worrying about any expiry period.

Furthermore, you can compensate for your hotel bills and car rents by putting your reward miles points to use.

What more an air traveler’s package could consist of!! Doesn’t it possess all the qualities that happen to be it the right credit card for you?

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