How many miles do you really need to actually redeem valuable rewards?

Depends on where you are going and what are your spending habits.

While the Citibank PM card is a good general spend card for miles accrual, you are not optimising your spending by using only the Citibank PM card given its accrual rate of 1.2mpd. There are many cards out there offering 4 miles per dollar for spending in certain categories:

• UOB Preferred Plat Visa - 4mpd for paywave

• Citibank Rewards - 4mpd for online/Grab/shopping

• OCBC Titanium Rewards - 4mpd for shopping

• OCBC 90N - ongoing promotion 4mpd for foreign currency spend.

Be strategic in your spending and use a range of cards that can maximise your earn rates - you may just cut the 5-7 years by ~70% to 2-3 years!

The first question will be what is your dream redemption? Where do you want to go? What airline do you want to take?

Once you have answers to these questions, then we can work backward and see how much miles you need.

Pardon my honesty but holding on to Citi PM card will get you nowhere as you are not maximising your spend. You need more cards, and cards that reward you the max mpd for your spend.

Shopping, dining, transport etc, there are so many cards out there that will reward you more than the 1.2mpd Citi is giving. Miles chasers never complain of holding on to too much cards. Rather, we seek out cards that reward us the most for our spending.

It is a long journey and a lot of hard work. But sipping champagne onboard a business class seat is worth the effort. Dom Perigon or Krug anyone?