UPDATE: 27 October 2015
Booking Hotels/Flights with Citibank ThankYou® Points
You can now make hotel and flight reservations using your Citibank ThankYou® Points but is it actually worth it? I had a quick look this morning and it seems like each Citibank ThankYou® Points are worth approximately 0.43 cents which means to offset S$1 on your hotel rate, you would have to contribute 233 Citibank ThankYou® Points.
To put things into perspective, 233 Citibank ThankYou® Points are be converted into 93.2 miles (based on current conversion rates). At the lowest end of the redemption rate, 93.2 miles is worth $0.932 (since 1,000 KrisFlyer Miles can offset S$10 on your SQ flight). Of course, if you are using these miles for Award Redemptions, they are worth a lot more.
All in all, you probably shouldn't use your Citibank ThankYou® Points for redemption. Assuming that you do earn 10 Citibank ThankYou® Points per S$1 for your bonus spend, redeeming this on hotels will give you a cashback of approximately 4.3%.
1000 Citibank ThankYou® Points = 400 Miles (approx. S$4.00 to $8.00) = Hotel Redemption (approx. $4.30)
If you do not already know this, Citibank Singapore made a silent change to their rewards portal over the weekends and the Citi Rewards Points and Citi Miles that you hold dear will now be translated into ThankYou® Points (in line with global standards) over time. While the value of your points and miles have not dropped overnight, Citibank Singapore has added a few new partners for points transfer (great news for travellers!).
You will find a list of Points Transfer Partners below - this is how much 1 Citi Mile is worth on the new program (bold partners are new inclusions):
Asia Miles™ - 1 Asia Miles for 1 mile
British Airways Executive Club - 1 Avios for 1 mile
Delta SkyMiles® - 1 Delta SkyMiles for 1 mile
EVA Air Infinity MileageLands - 1 Infinity MileageLands Miles for 1 mile
Etihad Guest - 1 Guest Miles for 1 mile
Flying Blue - 1 Flying Blue Award Miles for 1 mile
Garuda Indonesia Frequent Flyer - 1 Garuda Frequent Flyer Miles for 1 mile
Malaysia Airlines Enrich - 1 Enrich Miles for 1 mile
Qantas Frequent Flyer - 1 Qantas Points for 1 mile
Qatar Airways Privilege Club - 1 Qmiles for 1 mile
Singapore Airlines KrisFlyer - 1 KrisFlyer Miles for 1 mile
Thai Airways Royal Orchid Plus - 1 Royal Orchid Plus Miles for 1 mile
Club Carlson - 1 Gold Point for 1 mile
Hilton HHonors Worldwide - 1.5 HHonors Points for 1 mile
IHG Rewards Club - 1 IHG Reward Points for 1 mile
The use for Citi Miles on Hilton HHonors Points remain to be one of the must lucrative redemption option you can have - especially when you are looking to spend them on Category 1 or 2 properties (5,000 to 10,000 HHonors Points a night).
The OCBC Titanium Rewards Card is one of the best credit cards in Singapore for earning miles and if you wish to understand the dynamics of this credit card, make sure you check out my previous article on everything you need to know about the OCBC Titanium Rewards Card. It appears that OCBC has introduced the opportunity to earn up to 6 miles and 2 miles per dollar on all eligible transactions made on Electronics and Gadgets as well as Dining respectively for selected cardholders. At the moment of writing, only targeted cardholders who have received either an electronic direct mail (EDM) or SMS from OCBC Bank will be able to take advantage of this promotion.
There is a top spot within the OCBC Premier Banking space and that's the Premier Private Client (PPC) - one can 'easily' join this elite group by depositing or investing S$1 million (in fresh funds) and qualifying as an Accredited Investor. What caught my eyes last evening however was the introduction of a dedicated OCBC VOYAGE Card (which I have covered previously) for the PPCs and one of the additional benefits include unlimited airport limousine transfers.
ShopBack is celebrating the upcoming Rewards Day 9.9 (yes that's 09 September 2017!) with up to 39% epic cashback! There will also be exclusive voucher codes and giveaways that will happen on that day itself. For all of us interested in all things travel, you will also be able to enjoy an enhanced cashback rate for hotel and flight bookings made on this very special day - up to 11%!
ShopBack is currently offering 12% cashback on all eligible hotel bookings made on Expedia today - your stay has to be completed before 31 December 2017. Do take note that you will have to use the special Expedia Visa URL in order to take advantage of this 12% cashback promotion. Otherwise, you will be getting 11% instead which is still amazing value for hotels that you already are planning to stay in.
Sign-up for the American Express Singapore Airlines KrisFlyer Credit Card or the American Express Singapore Airlines KrisFlyer Ascend Credit Card via Mileslife between 01 September 2017 and 31 October 2017 to benefit from an additional 2,500 KrisFlyer miles upon first spend on the card. If you use these cards on the Mileslife app, you will earn 2x bonus KrisFlyer miles for everything you spend on the app during the promotional period.
Citibank discontinued the 20X Rewards promotion with Amazon (which equates to 8 miles per S$1) last month and have just introduced Zalora as the newest partner for the 20X Rewards promotion - this will run until 31 October 2017. While this is definitely great for people who shop on Zalora (though I am not sure who in this day and age), it is certainly not as impressive as the Amazon promotion that was running prior to this.
While most banks in Singapore allow you to convert your points (or equivalent currency) earned from credit card spend into Airline or Hotel points, Citibank has one of the most comprehensive list of points transfer partners - I have previously counted the total number of partners to be at 12 but they have apparently removed Delta Skymiles from the list. There are currently 11 airline points transfer partners for Citibank if you hold an eligible credit card in Singapore.
If you have held the Citibank PremierMiles Visa Credit Card for the last 6 months of longer, chances are that you would have received a targeted offer to earn (well, purchase) 31,200 miles for S$238 once S$9,000 (in local or equivalent foreign currency) has been charged to the card between 01 July 2017 and 31 August 2017. Registration is absolutely essential for this promotion.
The wait is finally over - Mileslife is now officially launched in Singapore to offer the opportunity to earn more miles on dining, lifestyle and travel spend. To celebrate this momentous occasion, it is offering 4X more miles (up to 20 miles per S$1) on all eligible transactions made on Mileslife. Remember these miles are accorded on top of whatever you earn from your credit cards so there is definitely a huge potential to rake up those miles for free flights on First Class and Business Class!
Uber has changed the way we get around on a day to day basis. While the train is the primary mode of transport for most Singaporeans, there are instances and occasions where a car ride makes a lot more sense because you are rushing for time or simply want a more comfortable journey. If you do use Uber on a very regular basis like me, there are a few things that you can do to save money on these rides - many of which do not require you to do much and simply take an additional second or two to save you money in the long run!