Are you a frequent traveller in Singapore? If so, then you might want to consider getting a miles credit card. Miles credit cards are a type of credit card that rewards you with air miles for every dollar you spend. These air miles can then be redeemed for flights, hotel stays, and other travel-related expenses.
Understanding Miles Credit Cards in Singapore can be a bit overwhelming, especially if you’re new to the concept. The good news is that there are plenty of resources available to help you make an informed decision. One of the best places to start is by researching the different types of miles credit cards available in Singapore, as well as their benefits and drawbacks.
Top Miles Credit Cards for Singaporeans include the Citi PremierMiles Card, HSBC Revolution Credit Card, and Standard Chartered Journey Credit Card. These cards offer generous rewards programs, exclusive perks, and other benefits that can help you save money on your travels. Keep reading to learn more about how to choose the best miles credit card for your needs.
Key Takeaways
- Miles credit cards are a great way to earn rewards for your travels in Singapore.
- There are many different types of miles credit cards available, each with their own unique benefits and drawbacks.
- By doing your research and comparing different cards, you can find the one that best suits your needs and helps you save money on your travels.
Understanding Miles Credit Cards in Singapore
If you’re a frequent flyer, you may have heard of miles credit cards. These cards allow you to earn miles for every dollar you spend, which can then be redeemed for flights, hotel stays, and other travel-related expenses. In Singapore, there are several types of miles credit cards available, each with its own unique benefits.
Types of Miles Credit Cards
The two most common types of miles credit cards in Singapore are air miles and bank points. Air miles credit cards are affiliated with specific airlines, such as Singapore Airlines or Cathay Pacific. These cards typically offer higher miles per dollar spent when purchasing flights with the affiliated airline. Bank points credit cards, on the other hand, offer more flexibility in terms of redemption options, as the points can be used to redeem flights on multiple airlines.
How Miles Accumulation Works
Miles accumulation works by awarding a certain number of miles for every dollar spent on the credit card. For example, the Citi Miles credit card offers 1.2 miles for every $1 spent locally, and 2 miles for every $1 spent overseas. KrisFlyer miles, on the other hand, are earned based on the distance flown, as well as the fare class and airline.
It’s important to note that the value of a mile can vary depending on the redemption option. For example, a mile may be worth more when redeemed for a first-class flight, compared to a coach flight. It’s important to consider the value of a mile when choosing a miles credit card.
In conclusion, miles credit cards can be a great way to earn rewards for your travel-related expenses. Understanding the types of miles credit cards available, as well as how miles accumulation works, can help you choose the best card for your needs.
Top Miles Credit Cards for Singaporeans
If you’re looking for a credit card that can earn you miles for your travels, you’re in luck. There are several great options available in Singapore that offer a variety of rewards and benefits. Here are some of the top miles credit cards for Singaporeans:
Citi PremierMiles Card
The Citi PremierMiles Card is one of the best credit cards for earning miles in Singapore. With this card, you can earn 1.2 miles per $1 spent locally and 2 miles per $1 spent overseas. Additionally, you can earn up to 10,000 bonus miles when you sign up and spend $10,000 in the first 3 months. The card also comes with a variety of other benefits, such as free travel insurance and airport lounge access.
DBS Altitude Card
The DBS Altitude Card is another great option for earning miles in Singapore. With this card, you can earn 1.2 miles per $1 spent locally and 2 miles per $1 spent overseas. You can also earn up to 10,000 bonus miles when you sign up and spend $6,000 in the first 3 months. The card also comes with benefits such as free travel insurance and airport lounge access.
UOB PRVI Miles Card
The UOB PRVI Miles Card is a popular choice for earning miles in Singapore. With this card, you can earn 1.4 miles per $1 spent locally and 2.4 miles per $1 spent overseas. You can also earn up to 10,000 bonus miles when you sign up and spend $6,000 in the first 3 months. The card also comes with benefits such as free travel insurance and airport lounge access.
OCBC 90°N Card
The OCBC 90°N Card is a unique option for earning miles in Singapore. With this card, you can earn 1.2 miles per $1 spent locally and 2.1 miles per $1 spent overseas. The card also comes with benefits such as free travel insurance and airport lounge access. However, the real draw of this card is the ability to earn bonus miles for spending in specific categories, such as dining and online shopping.
Standard Chartered Cards
Standard Chartered offers several credit cards that are great for earning miles in Singapore. The Standard Chartered Visa Infinite Card, for example, allows you to earn 1.4 miles per $1 spent locally and 3 miles per $1 spent overseas. You can also earn up to 35,000 bonus miles when you sign up and spend $2,000 in the first 60 days. The card also comes with benefits such as free travel insurance and airport lounge access.
HSBC Revolution Credit Card
The HSBC Revolution Credit Card is a great option for earning miles while also enjoying other benefits. With this card, you can earn 1 mile per $1 spent locally and overseas on dining, entertainment, and online transactions. You can also earn up to 10,000 bonus miles when you sign up and spend $2,000 in the first 3 months. The card also comes with benefits such as free travel insurance and exclusive dining and entertainment privileges.
Maybank Horizon Card
The Maybank Horizon Card is another great option for earning miles in Singapore. With this card, you can earn 3.2 miles per $1 spent on dining, petrol, and taxi fares, and 2 miles per $1 spent on air tickets, travel packages, and foreign currency transactions. You can also earn up to 30,000 bonus miles when you sign up and spend $3,000 in the first 3 months. The card also comes with benefits such as free travel insurance and airport lounge access.
Overall, there are many great credit cards available in Singapore that offer miles and other rewards. Whether you’re looking for a card that offers bonus miles for specific categories or one that has a high earning rate for all purchases, there’s sure to be an option that meets your needs.
Maximising Your Miles
When it comes to maximising your miles, there are a few strategies you can employ to get the most out of your miles credit card. Here are some tips to help you make the most of your card:
Strategies for Local Spending
To maximise your miles when it comes to local spending, you should look for a card that rewards you for everyday local spending. Look for a card that offers bonus miles for groceries, dining, and petrol. This way, you can earn miles on your daily expenses and accumulate them faster.
Boosting Overseas Spend
If you’re planning to travel overseas, you should look for a card that offers bonus miles for foreign currency spending. This way, you can earn more miles when you spend abroad. Additionally, you should avoid dynamic currency conversion and always pay in the local currency to avoid unnecessary fees.
Leveraging Online Shopping
Online shopping is another great way to earn miles. Look for a card that offers bonus miles for online spend. Some cards even offer bonus miles for specific online merchants, so be sure to check for any promotions before making your purchase.
By following these strategies, you can maximise your miles and get the most out of your miles credit card. Remember to always pay your balance in full and on time to avoid interest charges and late fees.
Happy earning!
Exclusive Benefits and Perks
If you are a frequent traveller, a miles credit card is a must-have. Not only do you earn miles for every dollar spent, but you also get to enjoy exclusive benefits and perks. Here are some of the benefits and perks you can expect from a miles credit card in Singapore.
Travel Insurance Coverage
One of the most important benefits of a miles credit card is the complimentary travel insurance coverage. With most miles credit cards, you can enjoy travel insurance coverage of up to $1 million. This coverage includes medical expenses, trip cancellations, lost baggage, and more. So, you can travel with peace of mind knowing that you are protected.
Airport Lounge Access
Another great benefit of a miles credit card is airport lounge access. With most miles credit cards, you can enjoy complimentary lounge access at over 1,000 lounges worldwide. This means you can relax in comfort before your flight, enjoy complimentary food and drinks, and catch up on work or entertainment.
Welcome Offers
If you are a new cardholder, you can enjoy welcome offers when you sign up for a miles credit card. These offers can include bonus miles, free air tickets, cashback, and more. For example, some cards offer up to 30,000 bonus miles when you spend a certain amount within the first few months of card activation. Others offer up to $300 cash via PayNow, a Dyson V8 Slim Fluffy, or a Nintendo Switch OLED.
In conclusion, a miles credit card in Singapore offers a range of benefits and perks that are designed to make your travel experience more enjoyable and rewarding. From travel insurance coverage to airport lounge access and welcome offers, you can enjoy a host of exclusive benefits when you sign up for a miles credit card.
Understanding the Costs
When it comes to choosing a miles credit card in Singapore, it’s important to understand the costs involved. In this section, we’ll take a closer look at the annual fees and waivers, as well as interest and conversion fees you can expect to encounter.
Annual Fees and Waivers
Most miles credit cards in Singapore come with an annual fee, which can range from $0 to $500 or more. It’s important to consider whether the benefits of the card justify the cost of the annual fee. Some cards may offer perks such as free airport lounge access, complimentary travel insurance, or bonus miles for spending a certain amount each month.
However, many cards also offer annual fee waivers for the first year or subsequent years if you meet certain spending requirements. Be sure to read the terms and conditions carefully to understand what you need to do to qualify for an annual fee waiver.
Interest and Conversion Fees
Like any credit card, miles credit cards in Singapore also charge interest on any outstanding balances. The interest rates can vary widely, so it’s important to compare different cards to find the one with the lowest rate that suits your needs.
In addition, if you use your miles credit card for overseas transactions, you may also be charged a conversion fee. This fee is typically a percentage of the transaction amount and can add up quickly if you frequently use your card abroad.
To avoid paying interest and conversion fees, it’s important to pay your balance in full each month and use a card that offers low or no foreign transaction fees.
Overall, while miles credit cards can offer great rewards and benefits, it’s important to understand the costs involved to make an informed decision. By comparing different cards and reading the terms and conditions carefully, you can find the right card that suits your needs and budget.
Frequently Asked Questions
What’s the top pick for a credit card offering the most air miles?
If you’re looking for a credit card that offers the most air miles, the Citi PremierMiles Card is a great choice. This card offers up to 1.5 miles for every $1 spent locally, and up to 2 miles for every $1 spent overseas. Additionally, you can earn 10,000 bonus miles when you spend $10,000 within the first 3 months of card approval.
How can I maximise lounge access with a Singaporean miles credit card?
If you want to maximise your lounge access with a Singaporean miles credit card, the UOB PRVI Miles Card is the way to go. This card offers unlimited access to over 1,000 airport lounges worldwide, including Priority Pass lounges. Additionally, cardholders can enjoy up to 20% off dining at selected airport restaurants.
Which credit cards provide the best conversion rates to KrisFlyer miles?
If you’re looking for credit cards that provide the best conversion rates to KrisFlyer miles, the American Express KrisFlyer Card and the UOB KrisFlyer Card are both great options. The American Express KrisFlyer Card offers up to 1.1 KrisFlyer miles for every $1 spent, while the UOB KrisFlyer Card offers up to 3 KrisFlyer miles for every $1 spent on Singapore Airlines, SilkAir, and KrisShop.
Are there any credit cards that offer exceptional benefits for frequent flyers?
Yes, there are credit cards that offer exceptional benefits for frequent flyers. The HSBC Revolution Credit Card is a great choice for frequent flyers, offering up to 2 miles for every $1 spent on dining, entertainment, and online transactions. Additionally, the card offers a sign-up bonus of up to 35,000 miles when you apply and spend $5,000 within the first 3 months of card approval.
What are the advantages of using a UOB PRVI Miles Card for travellers?
The UOB PRVI Miles Card is a great choice for travellers as it offers unlimited access to over 1,000 airport lounges worldwide, as well as up to 20% off dining at selected airport restaurants. Additionally, the card offers up to 1.4 miles for every $1 spent locally, and up to 2.4 miles for every $1 spent overseas.
How can I determine the value of my accumulated KrisFlyer miles?
To determine the value of your accumulated 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, as well as the taxes and fees associated with the flight. Additionally, you can use the miles to upgrade your flight class, pay for excess baggage, or redeem for hotel stays, car rentals, and more.