Card targets affluent travelers and is its fifth card offering in Vietnam.
Citi Vietnam has launched its first Visa Signature credit card – Citi PremierMiles - exclusively targeted at the affluent traveler segment.
The new card is the first Visa Signature credit card offering from Citi Vietnam and leverages the bank’s unique global footprint and technology to deliver a world of experiences to card members at home or wherever they travel.
“With Citi PremierMiles Visa Signature we are strengthening and broadening our card proposition to the affluent segment, especially frequent fliers, by leveraging on our innovation and global footprint,” said Mr. Raul Paredes, Consumer Business Manager at Citi Vietnam.
Citi PremierMiles Visa Signature card members will receive one Premier Mile for every VND25,000 domestic spend and 1.5 Premier Miles for every VND25,000 overseas spend, including purchases made anywhere in the world as well as cash advances.
Card members will also earn 5,000 Bonus Premier Miles if their annual spending exceeds VND500 million ($22,000). The best part is that PremierMiles never expires and miles or points are redeemable with the largest selection of travel partners, so card members can continue to accumulate Premier Miles and then redeem them for free flights with over 75 airlines and three hotel groups around the world.
Most notably, Citi PremierMiles allows cardholders to easily and directly redeem their PremierMiles into Vietnam Airlines’ Golden Lotus Miles. They can also enjoy one free Priority Pass lounge access every quarter.
The Citi PremierMiles Visa Signature card will be offered to customers with a minimum annual income of VND240 million ($10,670).
This is the fifth card Citi has launched in Vietnam since it opened its consumer banking business in 2009.