Citibank runs an Avios-earning deal for expats in the UK who move their banking to Citi.
Citibank has a standard Avios-earning offer for UK residents who sign up with Citigold Wealth Management, which has been running for two year now. Full details are on the Citigold Wealth Management website here. We covered the Citigold / Avios offer here in this article from April 2019 – you could earn up to 150,000 Avios.
If you an expat, Citibank has a separate offer for you which I want to look at today.
Full details of Citigold Expat are on the Citi website here. You need to scroll a long way down before the Avios offer appears!
Earning Avios with Citigold Expat
Citigold Expat is aimed at people moving to the UK to live or work.
multi-currency bank accounts, including multi-currency debit cards
offshore wealth management
access to selected professional advisers who can help with finding a property, selecting a school for your children and finding a tax adviser
You get 50,000 Avios for opening an International Personal Bank account and moving $200,000 (or equivalent) into it. This must remain in place for two months and the money must be ‘fresh’ to Citi.
You get 100,000 Avios for opening an International Personal Bank account via Citigold Private Client and moving $1,000,000 (or equivalent) into it. This must remain in place for two months and the money must be ‘fresh’ to Citi.
But note the cash alternative ….
Citi is happy to offer you cash instead of Avios.
You can swap the 50,000 Avios for $500 and the 100,000 Avios for $1000.
I would lean towards the miles, given this choice. You are basically ‘buying’ Avios for 0.78p each which is an excellent deal.
I purposely haven’t gone into the full details of the Citigold Expat service. What I like about the offer is that it provides an Avios opportunity to newcomers to the UK who may find themselves locked out of credit card sign-up offers.
You can find out more about the Avios / Citigold Expat offer here. The offer runs until 31st December 2020.
(Want to earn more Avios? Click here to visit our home page for the latest articles on earning and spending your Avios points and click here to see how to earn more Avios from current offers and promotions.)