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For Q4 2018, Citibank has increased the earn rate for foreign currency (FCY) spending on 3 cards – Premiermiles Visa (not AMEX), Prestige and Ultima, meaning any transactions other than SGD will accrue 2.4 miles per dollar (mpd) instead of the usual 2 mpd. That’s an additional 20% increment! This puts it on par with the UOB PRVI cards. Do note this current promotion will end on 31 Dec 2018, hopefully there will be extension or improvement after that!

However, this comes at a slight cost since the fees for FCY will increase from 2.8% to 3%! (which most people won’t notice anyway.

 

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