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-   -   The 'Best credit cards for KF miles accrual' master thread (https://www.flyertalk.com/forum/singapore-airlines-krisflyer/1076196-best-credit-cards-kf-miles-accrual-master-thread.html)

fern76 Apr 1, 14 8:23 pm

RE: Paypal Transactions
 

Originally Posted by vsepr (Post 22632173)
28/03/2014

*PAYPAL *PEATIX 4029357733 SG

SGD 10.00

Citi Rewards Card awards 10x Citidollars for Paypal transactions!! 100 Citidollars!!

My transaction is for payment at http://peatix.com/, an event.

Excellent. Looks like I have to give that a go. :)

Will report back on any exciting findings.

snowbhoy Apr 2, 14 4:02 am

Any strategy now for paying tax with credit card and earning Krisflyer points?

Know you used to be able to with DBS, now can't. Any other card can do this?

vsepr Apr 2, 14 6:03 am


Originally Posted by snowbhoy (Post 22633934)
Any strategy now for paying tax with credit card and earning Krisflyer points?

Know you used to be able to with DBS, now can't. Any other card can do this?

https://sg.anz.com/ANZPrivileges/pro...income-tax.jsp

No other cards except ANZ Cards. But need to pay processing fee.

fuschia Apr 2, 14 7:22 pm


Originally Posted by vsepr (Post 22632173)
28/03/2014

*PAYPAL *PEATIX 4029357733 SG

SGD 10.00

Citi Rewards Card awards 10x Citidollars for Paypal transactions!! 100 Citidollars!!

My transaction is for payment at http://peatix.com/, an event.

MCC is 4816: Computer Network Services

Update the excel file too.

how can we find out the MCC for online transaction and on charge slip? have been trying to figure out by looking at my charge slips but to no avail. thanks.

vsepr Apr 2, 14 7:50 pm


Originally Posted by fuschia (Post 22638603)
how can we find out the MCC for online transaction and on charge slip? have been trying to figure out by looking at my charge slips but to no avail. thanks.

Call card centre and ask.

fuschia Apr 2, 14 9:56 pm


Originally Posted by vsepr (Post 22638726)
Call card centre and ask.

oic. can only find out by calling the bank. noted, thanks!

tboons Apr 3, 14 5:16 am

A processing fee of 0.7cents/dollar for 1miles/dollar. If you value the miles at more than 0.7cents then the rationale choice would be to use the credit facility.

Most people value KF miles minimum at 1c/mile so it make sense to use the facility, paying the processing fees to get the miles?

vsepr Apr 5, 14 6:58 am


Originally Posted by fern76 (Post 22632326)
Excellent. Looks like I have to give that a go. :)

Will report back on any exciting findings.

For Citi Rewards Card, all online transactions will earn 10x Citidollars except the following MCC Codes: movies, electronics, food & beverage, travel, airline, government, brokerage/securities, insurance, tuition ,online gambling.

See Point 3:
http://www.citibank.com.sg/global_do...wards_2013.pdf

VISA MCC booklet:
https://usa.visa.com/download/corpor...cc_booklet.pdf

That explains why "telecommunications" transactions such as M1 Internet & SingTel mybill online payment, Paypal, earns 10x Citidollars, but transactions under "government" such as vBox, Traffic Police do not.

For agoda.com, if you choose to prepay and key in your Citi Rewards Card, you will NOT earn 10x Citidollars because it is under "Travel", BUT if you click "Paypal" to pay, I'm 100% sure you can earn 10x Citidollars. Anyone willing to try? Maybe can prepay a 100% refundable hotel booking to try.

SirJman Apr 5, 14 11:27 am

Looking for a little guidance.

I currently have an ANZ Travel Card, Citi Premier Miles Visa, and a Maybank savings account.

I was looking at the OCBC 360 account which offers 3.05% interest. The salary and bill payment are easy enough for me to complete, but I don't have any OCBC card to do the minimum $400 spend to get the entire 3%.

Any other competive savings account without needing to jump through these hoops? Or if not, which OCBC card would be a good supplement to my current cards. I was thinking either their travel card, to replace ANZ for non ticket/AUD purchases (and I like the idea of JetQuay), or the FRANK card for 6% online spending rebate.

Anyone figure out anyway of paying rent through a credit card in SG? Or other ways of manufactured spend?

lingua101 Apr 7, 14 1:26 am


Originally Posted by SirJman (Post 22653927)
Looking for a little guidance.

I currently have an ANZ Travel Card, Citi Premier Miles Visa, and a Maybank savings account.

I was looking at the OCBC 360 account which offers 3.05% interest. The salary and bill payment are easy enough for me to complete, but I don't have any OCBC card to do the minimum $400 spend to get the entire 3%.

Any other competive savings account without needing to jump through these hoops? Or if not, which OCBC card would be a good supplement to my current cards. I was thinking either their travel card, to replace ANZ for non ticket/AUD purchases (and I like the idea of JetQuay), or the FRANK card for 6% online spending rebate.

Anyone figure out anyway of paying rent through a credit card in SG? Or other ways of manufactured spend?

how competitive is competitive? if you are looking around 3% no...

CIMB offer 0.8%, min $1000 with monthly increment of $100

SingaporeDon Apr 7, 14 3:59 am


Originally Posted by vsepr (Post 22634246)
https://sg.anz.com/ANZPrivileges/pro...income-tax.jsp

No other cards except ANZ Cards. But need to pay processing fee.

Turn your tax payments into fantastic rewards.

You are one step closer to pampering yourself with a wide range of travel, shopping or dining delights when you use your ANZ Credit Card to pay for your income tax. Every S$5 charged to your ANZ Credit Card earns you 1 Rewards Point or 2 air miles.


So if Income tax is $10,000
You will pay .7% = $70 as processing fees
For this you will earn $10,000/5*2 = 4,000 SQ KF miles
i.e. cost per mile is S$ 1.75 cents
This is assuming that you don't get the concessional .5% processing fee for being a ANZ priority customer

fern76 Apr 7, 14 8:32 am


Originally Posted by vsepr (Post 22652946)
For Citi Rewards Card, all online transactions will earn 10x Citidollars except the following MCC Codes: movies, electronics, food & beverage, travel, airline, government, brokerage/securities, insurance, tuition ,online gambling.

See Point 3:
http://www.citibank.com.sg/global_do...wards_2013.pdf

VISA MCC booklet:
https://usa.visa.com/download/corpor...cc_booklet.pdf

That explains why "telecommunications" transactions such as M1 Internet & SingTel mybill online payment, Paypal, earns 10x Citidollars, but transactions under "government" such as vBox, Traffic Police do not.

For agoda.com, if you choose to prepay and key in your Citi Rewards Card, you will NOT earn 10x Citidollars because it is under "Travel", BUT if you click "Paypal" to pay, I'm 100% sure you can earn 10x Citidollars. Anyone willing to try? Maybe can prepay a 100% refundable hotel booking to try.

Just looked at the Citibank T&C.

"Dollars earned from spending in the above mentioned categories that can be credited to each Eligible
Cardholder's card account in each year (i.e. 365 days from the date of (i) the establishment of the
card account; or (ii) renewal of the card account) is 120,000 Citi Dollars."

I suppose the above will mean we can only earn 10 times Citi Dollars on up to $12000 spending annually?



Originally Posted by SingaporeDon (Post 22661949)
Turn your tax payments into fantastic rewards.

You are one step closer to pampering yourself with a wide range of travel, shopping or dining delights when you use your ANZ Credit Card to pay for your income tax. Every S$5 charged to your ANZ Credit Card earns you 1 Rewards Point or 2 air miles.


So if Income tax is $10,000
You will pay .7% = $70 as processing fees
For this you will earn $10,000/5*2 = 4,000 SQ KF miles
i.e. cost per mile is S$ 1.75 cents
This is assuming that you don't get the concessional .5% processing fee for being a ANZ priority customer

Doesn't sound like a good deal at all....

BryanHuang Apr 8, 14 1:32 pm

So frustrating I've been sticking to my DBS Altitude for such a long time! Only realised how much more worth it to be using the UOB Prvi Miles card (Since last year they changed the $/points on altitude)

Quick question:

I spend avg $12,000/month. 80% overseas spend: Hotel + flight bookings (out of other sectors not EX-SIN).

I am now looking to stop spending on my DBS Altitude (Prob liquidate all 120k DBS points it in when they want to charge me annual fee the year after).

Which card to jump to? UOB PRVI Miles and nothing else right?

From what (short) research i've done the only good thing about Altitude is the points never expire but UOB PRVI Miles expires after 2 years?

SingaporeDon Apr 9, 14 1:54 am


Originally Posted by BryanHuang (Post 22671388)
So frustrating I've been sticking to my DBS Altitude for such a long time! Only realised how much more worth it to be using the UOB Prvi Miles card (Since last year they changed the $/points on altitude)

Quick question:

I spend avg $12,000/month. 80% overseas spend: Hotel + flight bookings (out of other sectors not EX-SIN).

I am now looking to stop spending on my DBS Altitude (Prob liquidate all 120k DBS points it in when they want to charge me annual fee the year after).

Which card to jump to? UOB PRVI Miles and nothing else right?

From what (short) research i've done the only good thing about Altitude is the points never expire but UOB PRVI Miles expires after 2 years?

UOB Amex Privi will hit you with the AMEX FX fee ( 3.5%?) for your overseas spend, although you will earn 2.5 SQ KF miles per S$ 1 spent overseas.

Many people are using
UOB Preferred Plus PayWave for certain online and paywave to earn 4 miles per S$
DBS Woman's Mastercard for certain online
UOB AMEX Privi
ANZ Travel Visa as the visa alternative

carrotjuice Apr 9, 14 4:09 am

The 'Best credit cards for KF miles accrual' master thread
 
Anyone with annual income > S$500,000 and want an invitation to the Citibank Ultima Visa card please PM me:
- 1.6 miles for S$1 local and 2 miles for S$1 foreign spends
- pay S$3,888 + GST and receive 150,000 miles!
- plus various bells and whistles...


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