Citibank Korea has launched the Citi PremierMiles Credit Card, a premium mileage and travel card which reportedly leverages the bank’s partnerships with major airlines around the world.

The bank said that the Citi PremierMiles card offers customers the opportunity to accumulate PremierMiles based on their daily spending and the freedom to convert their earned PremierMiles into different frequent flyer programmes at any time or to get cash back. Citi PremierMiles cardholders are offered upgraded travel-related privileges, compelling earn and burn rate as well as more choices on travel destination.

Citi PremierMiles will help customers to optimise their airline miles and maximise their free travel, the bank added. More importantly, customers can use their miles at any time because PremierMiles never expire.

Citi PremierMiles card in Korea will be available in two versions: PremierMiles Asiana and PremierMiles Korean Air.

Sergio Zanatti, cards business director at Citibank Korea, said: The Citi PremierMiles card is designed to give our customers the best value on their everyday purchases and to reward their preference and loyalty. It allows frequent travelers to maximise the benefits of air miles and the free flights associated with them, by providing greater choice and more flexibility.