If you’re an avid traveller, you know the importance of having a miles credit card. Miles credit cards, also known as travel credit cards, allow you to earn points or miles for every dollar you spend, which you can later redeem for travel-related expenses, such as flights, hotels, and car rentals. In Singapore, there are several miles credit cards to choose from, each with its own set of benefits and features.
Choosing the best miles credit card can be a daunting task, but it doesn’t have to be. With a little research and careful consideration, you can find a card that suits your needs and preferences. Some factors to consider when choosing a miles credit card include the rewards rate, annual fees, sign-up bonuses, and redemption options. By selecting a card that aligns with your spending habits and travel goals, you can maximise your rewards and enjoy a stress-free travel experience.
Key Takeaways:
- Choosing the best miles credit card in Singapore requires careful consideration of factors such as rewards rate, annual fees, and redemption options.
- Maximising miles on everyday spending can help you earn more rewards and make the most of your miles credit card.
- Understanding the terms and conditions of your miles credit card is crucial to avoid any surprises or hidden fees.
Choosing the Best Miles Credit Card
If you’re a frequent traveller, choosing the right miles credit card can help you earn rewards quickly and easily. However, with so many options available, it can be challenging to determine which card is the best fit for you. Here are some factors to consider when selecting the best miles credit card for your needs.
Understanding Miles Rewards
When comparing miles credit cards, it’s essential to understand how miles rewards work. Typically, miles are earned for every dollar spent on the card, and these miles can be redeemed for flights, hotel stays, and other travel-related expenses. Some cards offer bonus miles for specific purchases, such as dining or petrol.
It’s crucial to consider the value of each mile when comparing different credit cards. Some cards may offer more miles per dollar spent, but these miles may have a lower redemption value. Therefore, it’s essential to compare the miles per dollar ratio and the redemption value to determine which card offers the best value for your spending.
Comparing Annual Fees and Waivers
Many miles credit cards come with an annual fee, which can range from $0 to several hundred dollars. While cards with higher annual fees may offer more significant rewards, it’s essential to consider whether these rewards justify the cost of the annual fee.
Some credit cards offer an annual fee waiver for the first year, making them a great option for those who want to try out a new card without committing to a long-term cost. Additionally, some cards may offer an annual fee waiver if you meet specific spending requirements, making it easier to justify the cost of the card.
When comparing different miles credit cards, be sure to consider the annual fee and any potential fee waivers carefully. It’s essential to determine whether the rewards offered by the card justify the cost of the annual fee, and whether any fee waivers are available to help offset this cost.
By considering these factors, you can choose the best miles credit card for your needs and start earning rewards for your travel expenses. Take the time to compare different cards and consider your spending habits to find the card that offers the best value for your money.
Maximising Miles on Everyday Spending
When it comes to maximising the miles you earn on everyday spending, there are a few key categories to focus on. By using the right credit card, you can earn miles on everything from dining and food delivery to online and local shopping, transport, and Grab transactions.
Dining and Food Delivery
If you frequently dine out or order food delivery, look for a credit card that offers bonus miles in this category. For example, the Citi PremierMiles Card offers 3 miles per $1 spent on dining and food delivery, while the UOB PRVI Miles Card offers 2.4 miles per $1 spent on dining.
Online and Local Shopping
For online and local shopping, look for a credit card that offers bonus miles on these types of transactions. The Maybank Horizon Visa Signature Card offers 3.2 miles per $1 spent on local and overseas shopping, while the DBS Altitude Visa Card offers 1.2 miles per $1 spent on local shopping and 2 miles per $1 spent on overseas shopping.
Transport and Grab Transactions
If you frequently use public transport or Grab, look for a credit card that offers bonus miles on these types of transactions. The Standard Chartered Visa Infinite X Card offers 1.4 miles per $1 spent on local transport and 3 miles per $1 spent on Grab transactions, while the OCBC 90°N Card offers 4 miles per $1 spent on Grab transactions.
By using the right credit card and focusing on these key categories, you can maximise the miles you earn on everyday spending and get closer to your next travel reward.
Travel Benefits and Insurance
When choosing a miles credit card, it’s important to consider the travel benefits and insurance that come with it. Here are some of the travel perks you can enjoy with the best miles credit cards in Singapore.
Exclusive Airline Partnerships
Many miles credit cards in Singapore have exclusive partnerships with airlines that allow you to earn and redeem miles with them. For example, the KrisFlyer miles earned with the American Express KrisFlyer Ascend Card can be used to redeem flights with Singapore Airlines and its partner airlines, such as Scoot. Similarly, the Citi PremierMiles Card allows you to earn miles that can be used to redeem flights with over 60 airlines worldwide.
With these exclusive partnerships, you can earn miles faster and redeem them for flights with your preferred airline. This means you can enjoy your travels while saving money on flights.
Complimentary Travel Insurance
Another important travel benefit that comes with some miles credit cards is complimentary travel insurance. For example, the UOB PRVI Miles Card offers up to $1 million in travel accident insurance, while the Maybank Horizon Card offers up to $1 million in travel inconvenience insurance.
With these travel insurance benefits, you can travel with peace of mind knowing that you are protected against unforeseen circumstances. This can include flight delays, lost baggage, and even medical emergencies.
In conclusion, when choosing a miles credit card in Singapore, it’s important to consider the travel benefits and insurance that come with it. With exclusive airline partnerships and complimentary travel insurance, you can enjoy your travels while earning and redeeming miles, and staying protected against unforeseen circumstances.
Special Features of Top Singapore Miles Cards
When it comes to choosing the best miles credit card in Singapore, bonus miles and promotions can be the deciding factor. Here are some of the top Singapore miles cards and their special features:
Bonus Miles and Promotions
Citibank PremierMiles Card
The Citibank PremierMiles Card offers a welcome bonus of 50,000 miles when you spend S$10,000 within the first 3 months of card approval. You can also earn up to 10 miles per S$1 spent on online travel bookings and 2 miles per S$1 spent on local dining and entertainment.
DBS Altitude Card
The DBS Altitude Card offers a welcome bonus of up to 10,000 miles when you spend S$6,000 within the first 3 months of card approval. You can also earn up to 3 miles per S$1 spent on online travel bookings and 2 miles per S$1 spent on overseas spending.
UOB PRVI Miles Card
The UOB PRVI Miles Card offers a welcome bonus of 10,000 miles when you spend S$6,000 within the first 30 days of card approval. You can also earn up to 1.4 miles per S$1 spent on local spending and 2.4 miles per S$1 spent on overseas spending.
Maybank Horizon Card
The Maybank Horizon Card offers a welcome bonus of up to 30,000 miles when you spend S$3,000 within the first 3 months of card approval. You can also earn up to 3.2 miles per S$1 spent on local dining, petrol, and taxi rides.
Minimum Spend and Bonus Tiers
Citibank PremierMiles Card
The Citibank PremierMiles Card has a minimum spend of S$1,000 to earn 10,000 bonus miles. You can earn up to 42,000 bonus miles per year with this card.
DBS Altitude Card
The DBS Altitude Card has a minimum spend of S$2,000 to earn 3,000 bonus miles. You can earn up to 10,000 bonus miles per year with this card.
UOB PRVI Miles Card
The UOB PRVI Miles Card has a minimum spend of S$1,000 to earn 1,000 bonus miles. You can earn up to 20,000 bonus miles per year with this card.
Maybank Horizon Card
The Maybank Horizon Card has a minimum spend of S$300 to earn S$30 cash rebate. You can earn up to S$600 cash rebate per year with this card.
Overall, these top Singapore miles cards offer a range of special features that can help you earn bonus miles and rewards. Be sure to choose the card that best fits your spending habits and travel needs.
Understanding Terms and Conditions
When selecting a miles credit card, it is important to understand the terms and conditions associated with the card. This will help you avoid any unexpected fees or charges that may arise.
Conversion Fees and Foreign Transaction Charges
If you plan to use your miles credit card for foreign spend, it is important to be aware of the conversion fees and foreign transaction charges. These fees can add up quickly and significantly reduce the value of your rewards.
Some miles credit cards may offer lower conversion fees and foreign transaction charges than others, so it is important to compare the options available to find the best deal.
Reward Point Expiry and Capped Earnings
Another important factor to consider when selecting a miles credit card is the reward point expiry and capped earnings. Some cards may have a limit on the amount of rewards you can earn, while others may have an expiry date on the points you have earned.
It is important to check the terms and conditions of your card to ensure that you are aware of any limitations or restrictions on your rewards. This will help you make the most of your miles credit card and avoid any disappointment.
In conclusion, understanding the terms and conditions of your miles credit card is crucial to making the most of your rewards. By being aware of conversion fees, foreign transaction charges, reward point expiry, and capped earnings, you can select the best card for your needs and maximise the value of your rewards.
Frequently Asked Questions
What’s the most exciting credit card for earning miles as a beginner in Singapore?
As a beginner in the world of miles credit cards, you may want to start with a card that offers a low annual fee and easy-to-understand rewards structure. The American Express Singapore Airlines KrisFlyer Credit Card is an excellent choice for beginners. You can earn 1.1 KrisFlyer miles for every $1 spent on eligible purchases, and the annual fee is only $176.55.
Which travel credit card offers the most thrilling rewards in Singapore?
The Citi Prestige Card is a great choice for those who want to enjoy luxurious travel experiences. With this card, you can earn 1.3 Citi Miles for every $1 spent locally, and 2 Citi Miles for every $1 spent overseas. You can also enjoy exclusive travel privileges, such as complimentary access to over 1,000 airport lounges worldwide.
How can I maximise my earnings with the top UOB miles cards available?
If you’re looking to maximise your earnings with UOB miles cards, you should consider the UOB PRVI Miles American Express Card. With this card, you can earn 1.4 miles for every $1 spent locally, and 2.4 miles for every $1 spent overseas. You can also enjoy exclusive travel perks, such as complimentary travel insurance and airport lounge access.
What are the most advantageous frequent flyer programmes available through Singaporean credit cards?
The most advantageous frequent flyer programmes available through Singaporean credit cards are KrisFlyer and Asia Miles. These programmes allow you to earn miles that can be redeemed for flights, upgrades, and other travel-related expenses. Some of the best credit cards for earning miles in these programmes include the American Express Singapore Airlines KrisFlyer Credit Card and the Citi PremierMiles Card.
How can one determine the value of their KrisFlyer miles in an exhilarating way?
To determine the value of your KrisFlyer miles, you can use the KrisFlyer Miles Calculator on the Singapore Airlines website. This tool allows you to calculate the number of miles required for a particular flight, and the corresponding value of those miles. You can also check the KrisFlyer redemption chart to see the number of miles required for different flights.
Which DBS credit card should a miles enthusiast in Singapore consider for the best benefits?
If you’re a miles enthusiast in Singapore, you should consider the DBS Altitude Card. This card allows you to earn 1.2 miles for every $1 spent locally, and 2 miles for every $1 spent overseas. You can also enjoy exclusive travel perks, such as complimentary airport lounge access and travel insurance. Additionally, the annual fee is waived for the first year, making it a great option for those who want to try out the card before committing to a long-term membership.