Citi PremierMiles American Express credit card

Citi PremierMiles American Express

Amazing Airmiles Rewards! Earn 1 PremierMile for every RM2 spend both locally and overseas and redeem complimentary flights from over 90 airlines.

  • 8.88% p.a. interest rate
  • 20 days interest-free period
  • 2.99% p.a. balance transfer over 9 months
  • Easy Payment Plan (EPP)
  • RM636.00 annual fee
  • Earn up to 1x reward point 

Benefits

Because you should be rewarded for giving the bank your business

Rewards
Earn 1X PremierMile for every 2 Ringgit spent locally or overseas and get complimentary flights from over 90 airlines. Your PremierMiles will never expire. Use them to grab great savings on your next gateway abroad!
PremierMiles
EarnSpent
1 point on every RM2on all local and overseas expenses
Rewards points earned never expires
Balance Transfer
Citibank Balance Transfer offers 8.99% interest on a 12 month payment term.
Pay OverWith Interest Rate AtWhen You Transfer
9 months2.99% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about Citibank Balance Transfer Plan
Easy Payment Plan (EPP)
Citibank Flexi Payment Plan offers payment terms of 6 to 36 months on any retail purchases at interest rates from 9.84%.
Pay OverWith Interest Rate AtWhen You Spend
6 months10.63% p.a. and no one-time upfront handling feefrom RM500 
12 months10.02% p.a. and no one-time upfront handling feefrom RM500 
18 months9.9% p.a. and no one-time upfront handling feefrom RM500 
24 months9.91% p.a. and no one-time upfront handling feefrom RM500 
30 months9.97% p.a. and no one-time upfront handling feefrom RM500 
36 months10.05% p.a. and no one-time upfront handling feefrom RM500 
Learn more about Citibank Flexi Payment Plan
Travel
Unlimited access to selected Plaza Premium Lounges with your American Express credit card. Have a glass of wine (or two) while you wait for your flight!
Travel CoverageSum Insured
Personal AccidentUp to RM300000
Delayed FlightUp to RM675
Missed FlightUp to RM675
Lost LuggageUp to RM2000
Delayed LuggageUp to RM675
Low Interest Rate
Best value 8.88% APR interest rate.
Premium
Exclusive American Express Selects membership brings you a world of privileges with an exciting selection of premium offers and savings. Enjoy 20% off at some of Malaysia’s best restaurants and end the premium dining experience with a complimentary bottle of wine or dessert.

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM636.00
Annual Fee for Supplementary Card
RM0
Minimum monthly payment
RM50 or 5% of outstanding amount
Late payment fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal fee
RM21.20 or 5.30% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%

*inclusive of 6% GST

Requirements

Are you eligible for this credit card?

Minimum annual income
RM60000
Minimum age for primary card holder
21 years old
Maximum age for primary card holder
65 years old
Minimum age for supplementary card holder
18 years old
Who can Apply
Anybody

Features

Get some extra help from your credit card when you need it most

Easy Payment Plan
Citibank Flexi Payment Plan
Easy payment plans (EPP) are great for large purchases that you want to pay off over a period of time.
Cash Advance / Cash Loan
Citibank Dial For Cash
Cash Advance is a loan against the credit limit of your card at a reasonable rate.
Balance Transfer
Citibank Balance Transfer Plan
Balance transfer allows you to consolidate debt from your other credit cards onto this card.

Citi PremierMiles American Express review

What's so good (or not so good) about it?

Citibank and American Express launched the Citibank PremierMiles American Express credit card in early 2013. Along with the Citibank Air Asia Gold and Platinum travel cards, and the PremierMiles Visa Signature, Citibank are going all-out on the travel credit card market in Malaysia.

Who needs this credit card?

The Citibank PremierMiles American Express is aimed at globetrotters with an income of more than RM60000 pa. Those who travel often for work or love the luxurious holiday experience will benefit the most from this credit card. Annual fee is RM600 for principal holder and free for supplementary cards though Citibank will kindly waive the first year's fees if you use the card at least 3 times in 12 months.

In subsequent years, you can call Citibank to request for a waiver which will be subject to yearly approval. Interest rate is tiered with the lowest band at 8.88% for prompt payments of more than 50% of the last month’s outstanding balance in 12 consecutive months, and the highest at 18%.

Key features

The Citibank PremierMiles American Express claim to fame is its air mileage accumulation ratio, which is currently the highest in the market. Every RM2 spent will be rewarded with 1 PremierMile point (which is equivalent to 1 Enrich / Krisflyer / Delta / Asiamile / Royal Orchid point). Points can be redeemed for complimentary flights with over 90 airlines.

While some travel cards award extra points for overseas purchases, the Citibank PremierMiles American Express offers a flat point conversion rate for all purchases regardless of where you spend your money or what you buy. So you'll earn as many points using your card at home as you will abroad.

Another great travel benefit is unlimited use of the Plaza Premium Lounges at KLIA and similar Plaza Premium Lounges at other SE Asian hub airports. And when you finally do get back home form your overseas trip you can enjoy a complimentary limo ride from KLIA back to Klang Valley.

Travel and dining privileges

Citibank’s partnership with American Express ensures that cardholders benefit from a wide selection of dining and travel perks. Cardholders can enjoy up to 20% discount and complimentary bottle of wine or dessert in Malaysia's finest restaurants. Through American Express Selects®, you can enjoy great discounts when you travel, shop and dine.

Cashback

Cardholders may also choose to redeem their PremierMiles points for cashback on holiday related expenses. The conversion rate is RM18 for every 1000 points and each claim requires a minimum of 5000 points. Do keep in mind though that the ringgit value is not as high as when converting to airmiles. A block of 30000 PremierMiles points can be redeemed for a free return trip to Shanghai, a trip with a notional value of approximately RM1560

Overview

As a travel card the Citibank PremierMiles American Express definitely delivers the goods. Its reward points system is versatile for all kinds of lifestyle allowing the cardholder to spend and accumulate points without worrying about rates and categories. The complimentary access to Plaza Premium Lounges and limo chauffeurs are nice perks to have, especially for those who want maximum comfort when on holiday.

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