FlyerTalk Forums - View Single Post - The 'Best credit cards for KF miles accrual' master thread
Old Jun 24, 2015 | 12:03 am
  #4382  
shuigao
All eyes on you!
10 Years on Site
 
Join Date: Mar 2015
Programs: HH Diamond, GHA Titanium
Posts: 2,028
Just found out from a friend of mine living in JB that Maybank (Malaysia) has some seemingly amazing accrual rates.

Maybank Visa Infinite
- 2 TreatsPoints for every RM1 spend locally
- 5 TreatsPoints for every RM1 spend overseas
- TreatsPoints can be converted to Enrich Miles (MAS) or KrisFlyer Miles (Singapore Airlines) at a low conversion rate. 4,500 TP = 1,000 Air Miles

Doing the math
Spend in MY: SGD 1.00 = RM2.80 = 5.6 TreatsPoints = 1.24 Miles
Spend in SG: SGD 1.00 = RM2.80 = 14 TreatsPoints = 3.11 Miles

So a Singapore resident could theoretically hop across the border to JB, apply for this card, swipe all his "local" transactions in SG and get a steady 3+ miles per S$ (subject to rounding and of course a 1-2% FX loss).

Am I missing something here?
shuigao is offline