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 July 2020 which we will update soon – you could earn up to 100,000 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 $1,000.
I would lean towards the miles, given this choice. You are basically ‘buying’ Avios for 0.75p each which is an excellent deal.
There is also the option of taking a £500 or £1,000 Harrods gift card. This is slightly trickier, because you are ‘paying’ 1p per Avios if you take the points instead of the Harrods credit. Whether you value a £1,000 Harrods gift card at £1,000 is down to you and will depend on your shopping habits.
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 is scheduled to run until 28th December 2021 but it has been rolled over multiple times and I would be surprised if it went away.
How to earn Avios from UK credit cards (November 2022)
As a reminder, there are various ways of earning Avios points from UK credit cards. Many cards also have generous sign-up bonuses!
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.
You qualify for the bonus on these cards even if you have a British Airways American Express card:
There are two official British Airways American Express cards with attractive sign-up bonuses:
You can also get generous sign-up bonuses by applying for American Express cards which earn Membership Rewards points.
Run your own business?
We recommend Capital On Tap for limited companies. You earn 1 Avios per £1 which is impressive for a Visa card, along with a sign-up bonus worth 10,000 Avios.
You should also consider the British Airways Accelerating Business credit card. This is open to sole traders as well as limited companies and has a 30,000 Avios sign-up bonus.
There are also generous bonuses on the two American Express Business cards, with the points converting at 1:1 into Avios. These cards are open to sole traders as well as limited companies.
Click here to read our detailed summary of all UK credit cards which earn Avios. This includes both personal and small business cards.