Bonus points are capped at $12,000 worth of spending per year

Yes I do indeed. Personally, I vouch for the Citi reward card. Citi’s rewards structure is for every dollar and if your spending on credit cards is huge, converting to miles is typically what people do if they have intentions of getting a biz flight or first class. For economy class the ratio is not that impressive as compared to redeeming business or first class. So once again yes highly recommended for converting credit card points to miles is good only

Hi! From my understanding, eligible transactions that are eligible for 10X Points include a Qualifying Charge made at any department store, worldwide retail store, shopping website that sells clothes, shoes and bags as its main business activity, usually determined by certain Merchant Category Codes (MCC). Also, a Qualifying Charge made at any online retail merchants, excluding mobile wallet and travel-related transactions. Eligible cardholders will earn 10X Points for every $1 charged in respect of a $1 charge at a 10X Points Eligible Transaction, up to a cap of 10,000 Points per statement month. After the cap of 10,000 Points per statement month is reached, continue to earn 1X Reward for every S$1 charged. There is no cap on 1X Reward that an eligible cardholder can earn.

Generally, a Merchant Category Code (MCC) is a four digit number assigned to a merchant/business by the merchant’s acquiring bank. The acquiring bank usually provides the credit card payment facilities used by the merchant and it determines and applies with respect to the account, the MCC which in its view best describes the merchant activity. Citibank does not determine the merchant’s MCC. You may want to check with the merchant on the MCC they are assigned to. Eligible cardholders will earn 10X Points for every S$1 charged (every S$1 charged = 10 Points) in respect of an S$1 charge at a 10X Points Eligible Transaction, up to a cap of 10,000 Points per statement month. Points are calculated based on the amount of each 10X Points Eligible Transaction, rounded down to the nearest Point. After the cap of 10,000 Points per statement month is reached, continue to earn 1X Reward for every S$1 charged. There is no cap on 1X Reward that an eligible cardholder can earn.