Originally Posted by
ExSin
Many here incl myself find that mrs. is not often convinced with 2% extra spend
I'd believe it boils down to how much miles you can get off the extra 2%. Though my children are not college age yet, but I used to be' a college student myself, being on that end of the extra 2%.
That time, I only had US-based cards, giving 1 mile per US$1 spent, for 2% extra, that was not worth it (as at that time MR forum as giving deals <US$0.02 per mile, including BIS/status miles, with multiplication for RDMs).
Now that I'm back in SIN, and with more SIN cards, the ratio changes. With correct card, you can get up to 4 miles per S$1. That is like 5.2 miles per US$1. I've used them with UOB PRVI or Citibank PM, which is like 2 miles per S$1 or 2.6 miles per US$1 (going by US$1 = S$1.3). Is that 2% extra plus foreign currency exchange worth it, that will have to depend on each individual. But going by my own logic of S$0.01 per mile and under, it seems 2% is under the limit.