The Citi PremierMiles is a Mastercard from Citibank Hong Kong that pays in miles at three rates. The rate depends on whether you pay in Hong Kong dollars or another currency, and on how much you spend in the statement cycle. Citi's points do not expire, but moving them to an airline has a fixed cost. This guide goes through what Citi lists in October 2026, how to size the card, and who should hold it.
The card at a glance
- HK$8
- A mile on local spending
- HK$4 to HK$3
- A mile abroad and online
- 12 to 1
- Points to miles
- HK$120,000
- Annual income
12 points, with no earning cap stated
Foreign-currency spending, HK$3 in a cycle with HK$20,000 or more eligible spending
Across 12 airline and hotel programmes
The level Citi lists for applicants
How the three rates work
Citi lists one rate for local spending and two for foreign-currency spending.
| Spending | Rate |
|---|---|
| Local spending | HK$8 = 1 mile (12 points) |
| Overseas and online foreign currency, under HK$20,000 eligible in the cycle | HK$4 = 1 mile |
| Overseas and online foreign currency, HK$20,000 or more eligible in the cycle | HK$3 = 1 mile |
- Eligible spending
- Local plus overseas spending that earns points. The HK$20,000 tier counts both together in one statement cycle.
- Foreign-currency spending
- A transaction settled in a currency other than Hong Kong dollars, renminbi or patacas, as Citi defines it, including online purchases.
- Evergreen
- A Citi term for points that do not expire.
- Transfer
- Moving points to an airline or hotel programme, which Citi charges for.
Citi leaves out of eligible spending, among others, payments through the Faster Payment System, cash advances, balance transfers, instalment programmes, payments to the Inland Revenue Department, bill payments and utilities made through online banking, insurance, charity and non-profit transactions, mutual funds, fees and casino transactions. It can change the list.
Is it worth it?
Citi's fee table, effective 1 December 2025, lists HK$1,800 a year for the principal card and HK$900 for each supplementary card. It also lists 1.95% on every transaction in a currency other than Hong Kong dollars, and 1% on a Hong Kong dollar purchase made outside Hong Kong or with a merchant not registered in Hong Kong, such as many online shops. The value of a mile is yours to set, so this section uses an assumed HK$0.10 a mile.
For the method behind this, see annual fees and break-even.
Turning points into miles
Citi's points convert at 12 points to one mile or hotel point. The partners it lists are Cathay, British Airways Executive Club, Emirates Skywards, Etihad Guest, EVA Air Infinity MileageLands, Flying Blue, IHG Rewards Club, Qantas Frequent Flyer, Qatar Airways Privilege Club, Singapore Airlines KrisFlyer, Thai Airways Royal Orchid Plus and Virgin Atlantic Flying Club, and Citi can change the list. Citi charges HK$200 for every transfer, with a minimum of 18,000 points and multiples of 18,000 after that. The fee is fixed, so a larger batch makes each mile cheaper to move.
| Points moved at once | Miles | Fee per 1,000 miles |
|---|---|---|
| 18,000 | 1,500 | About HK$133 |
| 90,000 | 7,500 | About HK$27 |
| 180,000 | 15,000 | About HK$13 |
Transfers reach your travel account within 1 to 14 working days, so do not move points for a booking you must make today. For how to value points and miles, see transferable points.
Lounges and cover
Citi lists up to 12 complimentary visits a calendar year to more than 70 designated Plaza Premium lounges worldwide. Each visit carries a condition: HK$5,000 of spending per head within 30 days after the visit. Over 12 visits that is HK$60,000, so count it only if you would spend that anyway. For a wider look, see airport lounge access in 2026.
Citi also lists free basic travel insurance for you and your family when the trip is paid in full, or redeemed, with the card.
| Cover | Maximum claim |
|---|---|
| Accident protection | HK$450,000 |
| Emergency medical protection | HK$150,000 |
| Journey cancellation | HK$5,000 |
| Baggage loss | HK$6,000 |
| Travel delay | HK$2,000 |
Purchases are insured against damage, loss and theft for up to US$7,600 within 30 days of purchase. Read the terms for limits and exclusions before you rely on any of it.
Is it right for you?
Fits you
- You spend steadily in foreign currencies, online or abroad, and can reach HK$20,000 a cycle.
- You want points that never expire and can go to many airline and hotel programmes.
- You travel often enough to use lounge visits, with HK$5,000 spent after each one.
Think twice
- Most of your spending is in Hong Kong dollars, where HK$8 a mile is the slowest rate.
- You would pay mostly in foreign currency but not reach HK$20,000 a cycle, where the 1.95% charge takes most of the miles' value.
- You would transfer small amounts, where the HK$200 fee takes a large share of the miles.
- You will not check that your online purchases are billed in a foreign currency.
Check the income requirement
Citi lists HK$120,000 a year. Read the page for the documents it accepts.
Check the fee table
Citi lists HK$1,800 a year and 1.95% on foreign-currency transactions in its table dated 1 December 2025. Open its current table before you decide.
Plan your transfers
Wait until you have enough for a large batch and the miles are needed, so the HK$200 fee is spread wide.
Test the foreign-currency rule
Check one online purchase on your statement to see whether it was billed in a foreign currency.
See also HSBC EveryMile in Hong Kong and the Hong Kong trip kit for data, transit and payments.
Questions people ask
What does PremierMiles earn?
Citi lists 12 points, worth one mile, per HK$8 on local spending. Overseas and online foreign-currency spending earns one mile per HK$4, or per HK$3 when your eligible spending, local and overseas together, reaches HK$20,000 in one statement cycle.
What counts as overseas or online foreign-currency spending?
Citi defines it as a transaction settled in any currency except Hong Kong dollars, renminbi or patacas, internet purchases included. An online purchase billed in Hong Kong dollars is not foreign-currency spending, so it does not get the HK$4 or HK$3 rate, and Citi's fee table adds 1% on a Hong Kong dollar purchase made outside Hong Kong or with a merchant not registered in Hong Kong.
Do points expire, and how do I turn them into miles?
Citi says points on this card are evergreen. You can transfer them at 12 points to one mile or hotel point to Cathay, British Airways, Emirates, Etihad, EVA Air, Flying Blue, IHG, Qantas, Qatar Airways, Singapore Airlines, Thai Airways and Virgin Atlantic. Citi lists a HK$200 handling fee per transfer, an 18,000-point minimum in multiples of 18,000, and credit within 1 to 14 working days.
What insurance and lounge benefits are listed?
Free basic travel insurance for you and your family when the trip is paid in full or redeemed with the card: HK$450,000 for accidents, HK$150,000 for emergency medical costs, HK$5,000 for trip cancellation, HK$6,000 for baggage loss and HK$2,000 for travel delay. Citi also lists up to 12 free visits a year to more than 70 Plaza Premium lounges and purchase protection up to US$7,600 within 30 days of purchase.
Who can apply, and what is the fee?
Citi lists a minimum annual income of HK$120,000. Its fee table, effective 1 December 2025, lists an annual fee of HK$1,800 for the principal card and HK$900 for each supplementary card, and 1.95% on every transaction in a currency other than Hong Kong dollars. This guide does not quote the welcome offer, which changes.
Sources
Written from these pages and checked against them on October 9, 2026. Programs and rules change, so check the provider’s current terms before you decide.
Cards in this guide
General information, not financial, legal or travel advice. Your own card terms and the provider’s current rules always come first.