Category Archives: Credit Card Hack

Citibank Premiermiles: How I saved 100,000 last year on it

Easy redemption on MakeMyTripz

I love minting credit card points and I do so by putting my every expense on credit card. Last year, I saved nearly 100,000 on my Citibank Premiermiles card alone. Below are the details on how I did it.

Redeemed Citibank Premiermiles point for flight tickets on MMT

Citibank Premiermiles reward points offer the best value (1 point=45paise) on flights and hotel bookings. Thus, I used my points to book return tickets to Singapore. Two return tickets for Singapore were priced at 46000, but I booked them just 4 bucks!! For rest, I redeemed my Premiermiles reward points. An instant savings of 46,000.

Deal Stacking – Get minimum 10% savings on every spend

Deal stacking/offer stacking/ reward stacking is simply combining multiple offers/coupons or reward points to maximize savings on one’s spend. I believe that despite seemingly tedious at first and low savings, say like ~2%; deal stacking offers combined savings of 10%+, which is a pretty good rate of savings if done on a consistent basis.

General avenues of reward stacking

  • Credit Card reward points
  • Wallet cashback/discount
  • Cashback/discount/ loyalty rewards from respective website/company
  • Reward points on Jet Privilege/ Payback
  • Reward points from Cred (Will be writing a review on Cred App soon)

My experience is with some attention to detail, one can easily achieve 3-4 level stacking for ~10% savings, but beyond that I am yet to figure out a way for consistent stacking. Below are my personal examples where I have achieved both 3-5 level stacking along with calculations.