Oct 31, 2014, 6:05 am
Last edit by: lifeonthego_k
I'm going to update this first post as more info flows in to create a 'master list' of all credit cards that offer a decent way of accruing miles - so please help out!
If you know of and/or use any other cards (or the ones already mentioned), please share your thoughts.
***ALL VALUES BELOW IN SINGAPORE DOLLARS (SGD)***
============
In no particular order (apart from personal preference in terms of good-mileage opportunities):
============
1. UOB PRVI Miles VISA, MasterCard, AMEX
VISA:
http://www.uob.com.sg/personal/cards...iles_visa.html
MasterCard:
http://www.uob.com.sg/personal/cards...astercard.html
Amex:
http://www.uob.com.sg/personal/cards...amex_card.html
http://www.uob.com.sg/personal/cards...ard/microsite/
Mileage accrual:
The earn rate will be 1.4 miles for every $1 spent in multiples of S$10 (every multiple of S$5 gives 6 to 7 miles due to 3.5 UNI$ rounding off, every S$10 gives 14 miles), and 2.4 miles for every $1 spent OVERSEAS (every $5 gives 12 miles).
Requirements: min. income $80,000 (not strict).
Cost: First year free, then S$256.80 for main, first two supplementary always free. Annual fee waiver for Amex card if you charge $50,000 or more in a year.
Miles conversion fee: $25 per conversion. UNI$ are combined in 1 cardholder's name/FIN Number/NRIC together for all UOB cards which earn UNI$.
Pros: Best mileage accrual rates for overseas spend only. 20,000 bonus miles and annual fee waiver with spend of $50,000 per year (both only for Amex card). $45 1-way airport transfer voucher for $1,000 overseas spend in a given quarter (Amex only).
Cons: AMEX not always accepted by merchants. Points allocated on every $5 spent, rounded down to next $5. Transfer in blocks of 5000 UNI$ points = 10,000 miles. Points are valid for 2 years (transfer before expiry and they will subsequently be valid for a further 3 years from the date of transfer to KrisFlyer).
2. UOB Preferred Platinum Visa
http://www.uob.com.sg/personal/cards..._platinum.html
http://www.uob.com.sg/personal/cards...visa_card.html
Mileage accrual: Earn 4 miles for every $1 spent using ONLY MOBILE CONTACTLESS every $5 gives 10 UNI$ which equal 20 miles). Same incredible mileage-earning ratio for internet shopping with certain restrictions (travel-related, utilities, etc.). Earn 0.4 mile for every $1 for regular, signature-based payments AND ORPHAN SPEND DUE TO $5 ROUNDING OR EXCEEDING THE BONUS U$2000 SPEND (every $5 gives 1 UNI$ which equal 2 miles).
Earning 4 miles/$ is limited to the first S$1110 spent during the per calendar month (via Mobile Contactless). 2,000UNI$ refers to the extra 9UNI$ and does not include the normal 1UNI$.(Stop when you notice you earn 3UNI$ (1 + bonus 2) for the last S$5 transaction. ($1110/5)x9=1998UNI$, hence the last S$5 transaction will earn 2 bonus UNI$. The total bonus UNI$ awarded to you from qualifying spend on Selected Online Transactions and Mobile Contactless Transactions is capped at UNI$2,000 for each calendar month. THE CAP IS ON THE 9 UNI$ BONUS NOT 10UNI$ TOTAL YOU GET WITH BASE OF U$1 PER $ SPEND
Keep in mind that some merchants offer different, non-mileage accruing awards with UOB cards which are called SMART$. Some popular merchants include Cold Storage, Guardian and Giant Supermarket, ToastBox and Starbucks. A full list of merchants where Mobile contactless transactions will NOT earn miles can be found here: http://www.uob.com.sg/personal/cards...smartclub.html
Requirements: min. income $30,000 ($60,000 for foreigners).
Cost: First year free, then $192.60 for main and $96.30 for supplementary. Annual fee waived off easily.
Miles conversion fee: $25 per conversion, in blocks of 5000 UNI$=10,000 miles. UNI$ are combined in 1 cardholder's name for all UOB cards.
Pros: Incredible mileage accrual rates for Paywave transactions (not all merchants - some give SMART$ instead which are different rewards!) as well as internet transactions (some restrictions apply).
Cons: Points allocated on every $5 spent, rounded down to next $5. Transfer in blocks of 5000 UNI$ points = 10,000 miles. Points are valid for 2 years (transfer before expiry and they will subsequently be valid for a further 3 years from the date of transfer to KrisFlyer).
3. Citi PremierMiles MasterCard
https://www.citibank.com.sg/credit-cards/travel/premiermiles-card/?ecid=PSGONSGCCAENPM
Mileage accrual: Earn 1.2 miles for every $1 spent. Earn 2 miles for every $1 spent OVERSEAS. 10,000 bonus miles for each annual membership renewal.
Requirements: min. income $50,000 for VISA. Principal cardholder must be at least 21 years of age.
Cost: First year free, then $192.60 for VISA main, supplementary always free. Annual fee waiver available in exchange for forfeiting the 10,000renewal bonus.
Miles conversion fee: $25 per conversion.
Pros: Decent all-rounder, good for overseas spend. Points never expire. Bonus miles for annual card renewal. 11 frequent flyer programs & 3 hotel programs to choose from, including EVA Air - only 25,000 miles for 1 way Business Class within Asia!!
Cons: No miles awarded for EZ-Link & Transitlink transactions. Miles awarded per S$1. Cents not included. 1.2 miles/S$1. Transfer in blocks of 10,000 miles.
4. DBS Altitude VISA/AMEX
http://www.dbs.com/sg/personal/cards...e/default.aspx
http://www.dbs.com/sg/personal/cards...e/default.aspx
Mileage accrual: Earn 1.2 miles for every $1 spent (every $5 gives 3 DBS points which equal 6 miles). Earn 2 miles for every $1 spent OVERSEAS.
Requirements: min. income $80,000.
Cost: First year free, then $180 for main and $90 for supplementary. Annual fee waiver if you charge $25,000 or more in a year.
Miles conversion fee: S$26.75 per transfer, redeem 1700 DBS points to waive off.
Pros: Points never expire. No rounding down transaction amount to nearest $5 (calculation is done as follows: DBS points = 'transaction amount' divided by 5, multiply by 3, after that round down to nearest whole number. Minimum spend is S$1.67. Each DBS point = 2 miles). Earn 3 miles per S$1 spent on all online Flight and Hotel transactions (capped at S$5,000 per month). 10,000 miles renewal bonus if you have to pay card renewal fees.
Cons: All local spend now down to 1.2 miles/$ (since Dec 1, 2013). AMEX not always accepted by merchants. Transfer in blocks of 5000 DBS points = 10,000 miles (on the plus side points don't expire). Per transfer of S$26.75, redeem 1700 DBS points to waive off.
5. Maybank Horizon Platinum Visa
http://info.maybank2u.com.sg/persona...visa-card.aspx
Earn 3.2 air miles (8X TREATS Points) with every dollar spent on dining, petrol, taxi fares and hotel bookings at Agoda.com/horizon
Earn 2 air miles (5X TREATS Points) with every dollar spent on air tickets, travel packages and foreign currency transactions, with a minimal S$300 in a calendar month
Earn 0.4 mile for every $1 spent elsewhere (1 mile for every $2.50 spent).
Requirements: min. income $30,000 ($80,000 for foreigners).
Cost: $150 for main, supplementary always free. Unsure of any annual fee waiver conditions.
Miles conversion fee: In blocks of 5,000 points to 2000 Asia Miles or KrisFlyer. S$26.75 fee applies.
Pros: Great for ticket purchases and overseas spend. Complimentary access to selected VIP airport lounges when you charge a minimum of S$400 in a single transaction on air tickets or travel packages to your Card 3 months prior to the date of travel.
Cons: Great ONLY for ticket purchases and overseas spend. Points are valid for 1 year only, expire either on 30 June or 31 December of the same year if not Rewards Infinite member.
6. Singapore Airlines KrisFlyer Ascend AMEX
https://www.americanexpress.com/sg/s...nd-credit-card
Mileage accrual: Earn 1.2 KrisFlyer miles for every S$1 spent on all your eligible purchases with your Card
Earn 2 KrisFlyer miles for every S$1 equivalent in foreign currency spent overseas on eligible purchases during June and December
Requirements: min. income $50,000 ($60,000 for foreigners). Principal cardholder must be over 21 years of age.
Cost: First year free, otherwise $256.80 for main, 2 supplementary cards always free (more available at $80.25 each). Annual fee cannot be waived unless you spend alot.
Miles conversion fee: None - your KrisFlyer miles are transferred to your account directly with no conversion fees or charges.
Pros: None, except for welcome offers (4 complimentary airport lounge access vouchers, one complimentary night with Millennium Hotels and Resorts).
Cons: Simply nothing special - there are better cards available for all types of purchases, including flight tickets, even with all of the bonuses above applied. AMEX not always accepted by merchants.
7. Citibank Rewards Card
http://www.citibank.com.sg/gcb/credi...CACRENCCHOCALM
Earn 10X Rewards (10 Rewards Points or 4 Miles for every S$1 spent) when you shop for clothes, bags and shoes or at departmental stores or online shopping websites, including SingTel & M1 online bill payment!
Pros: Transfer to 11 FFPs & 3 Hotel programs in blocks of 25,000 points=10,000 miles; S$25 fee.
Cons: Points awarded per S$1 spend. Cents not included. Cannot combined Thank You Points across cards.
8. DBS Woman's World MasterCard® Card
http://www.dbs.com.sg/personal/cards...astercard-card
10X Rewards for Online Retail Purchases
T&C Here: https://www.dbs.com.sg/iwov-resource...s_card_tnc.pdf
Pros: Men also can get this card!! DBS points are combined in 1 cardholder's name. No rounding down transaction amount to nearest $5 (calculation is done as follows: DBS points = 'transaction amount' divided by 5, multiply by 10, after that round down to nearest whole number. Minimum spend is S$1. Each DBS point = 2 miles).
Cons: DBS points are valid for 1 year based on card anniversary date. The additional 9X DBS Points for online retail spend in a calendar month will be awarded on the 16th of the next calendar month. If the above days are not working days, the Points will be awarded on the next working day. The additional 9X DBS Points are only applicable to the first S$2,000 online retail spend every calendar month.
9. OCBC Titanium Rewards Card
https://www.ocbc.com/personal-bankin...astercard.html
10x OCBC$ on your shopping Local & Overseas Shopping Transactions, Local & Overseas Department Store Transactions and Local & Overseas Online Transactions.
The remaining 9 OCBC$ will be posted to the Card Account by the end of the next calendar month
https://www.ocbc.com/assets/pdf/card...ons.pdf?rand=1
10,000 KrisFlyer miles requires OCBC$ 25000, For each conversion of OCBC$ to KrisFlyer miles a fee of S$25 will be charged
10. UOB Lady's Card
https://www.uob.com.sg/personal/card...ard/index.page
============
If you know of and/or use any other cards (or the ones already mentioned), please share your thoughts.
***ALL VALUES BELOW IN SINGAPORE DOLLARS (SGD)***
============
In no particular order (apart from personal preference in terms of good-mileage opportunities):
============
1. UOB PRVI Miles VISA, MasterCard, AMEX
VISA:
http://www.uob.com.sg/personal/cards...iles_visa.html
MasterCard:
http://www.uob.com.sg/personal/cards...astercard.html
Amex:
http://www.uob.com.sg/personal/cards...amex_card.html
http://www.uob.com.sg/personal/cards...ard/microsite/
Mileage accrual:
The earn rate will be 1.4 miles for every $1 spent in multiples of S$10 (every multiple of S$5 gives 6 to 7 miles due to 3.5 UNI$ rounding off, every S$10 gives 14 miles), and 2.4 miles for every $1 spent OVERSEAS (every $5 gives 12 miles).
Requirements: min. income $80,000 (not strict).
Cost: First year free, then S$256.80 for main, first two supplementary always free. Annual fee waiver for Amex card if you charge $50,000 or more in a year.
Miles conversion fee: $25 per conversion. UNI$ are combined in 1 cardholder's name/FIN Number/NRIC together for all UOB cards which earn UNI$.
Pros: Best mileage accrual rates for overseas spend only. 20,000 bonus miles and annual fee waiver with spend of $50,000 per year (both only for Amex card). $45 1-way airport transfer voucher for $1,000 overseas spend in a given quarter (Amex only).
Cons: AMEX not always accepted by merchants. Points allocated on every $5 spent, rounded down to next $5. Transfer in blocks of 5000 UNI$ points = 10,000 miles. Points are valid for 2 years (transfer before expiry and they will subsequently be valid for a further 3 years from the date of transfer to KrisFlyer).
2. UOB Preferred Platinum Visa
http://www.uob.com.sg/personal/cards..._platinum.html
http://www.uob.com.sg/personal/cards...visa_card.html
Mileage accrual: Earn 4 miles for every $1 spent using ONLY MOBILE CONTACTLESS every $5 gives 10 UNI$ which equal 20 miles). Same incredible mileage-earning ratio for internet shopping with certain restrictions (travel-related, utilities, etc.). Earn 0.4 mile for every $1 for regular, signature-based payments AND ORPHAN SPEND DUE TO $5 ROUNDING OR EXCEEDING THE BONUS U$2000 SPEND (every $5 gives 1 UNI$ which equal 2 miles).
Earning 4 miles/$ is limited to the first S$1110 spent during the per calendar month (via Mobile Contactless). 2,000UNI$ refers to the extra 9UNI$ and does not include the normal 1UNI$.(Stop when you notice you earn 3UNI$ (1 + bonus 2) for the last S$5 transaction. ($1110/5)x9=1998UNI$, hence the last S$5 transaction will earn 2 bonus UNI$. The total bonus UNI$ awarded to you from qualifying spend on Selected Online Transactions and Mobile Contactless Transactions is capped at UNI$2,000 for each calendar month. THE CAP IS ON THE 9 UNI$ BONUS NOT 10UNI$ TOTAL YOU GET WITH BASE OF U$1 PER $ SPEND
Keep in mind that some merchants offer different, non-mileage accruing awards with UOB cards which are called SMART$. Some popular merchants include Cold Storage, Guardian and Giant Supermarket, ToastBox and Starbucks. A full list of merchants where Mobile contactless transactions will NOT earn miles can be found here: http://www.uob.com.sg/personal/cards...smartclub.html
Requirements: min. income $30,000 ($60,000 for foreigners).
Cost: First year free, then $192.60 for main and $96.30 for supplementary. Annual fee waived off easily.
Miles conversion fee: $25 per conversion, in blocks of 5000 UNI$=10,000 miles. UNI$ are combined in 1 cardholder's name for all UOB cards.
Pros: Incredible mileage accrual rates for Paywave transactions (not all merchants - some give SMART$ instead which are different rewards!) as well as internet transactions (some restrictions apply).
Cons: Points allocated on every $5 spent, rounded down to next $5. Transfer in blocks of 5000 UNI$ points = 10,000 miles. Points are valid for 2 years (transfer before expiry and they will subsequently be valid for a further 3 years from the date of transfer to KrisFlyer).
3. Citi PremierMiles MasterCard
https://www.citibank.com.sg/credit-cards/travel/premiermiles-card/?ecid=PSGONSGCCAENPM
Mileage accrual: Earn 1.2 miles for every $1 spent. Earn 2 miles for every $1 spent OVERSEAS. 10,000 bonus miles for each annual membership renewal.
Requirements: min. income $50,000 for VISA. Principal cardholder must be at least 21 years of age.
Cost: First year free, then $192.60 for VISA main, supplementary always free. Annual fee waiver available in exchange for forfeiting the 10,000renewal bonus.
Miles conversion fee: $25 per conversion.
Pros: Decent all-rounder, good for overseas spend. Points never expire. Bonus miles for annual card renewal. 11 frequent flyer programs & 3 hotel programs to choose from, including EVA Air - only 25,000 miles for 1 way Business Class within Asia!!
Cons: No miles awarded for EZ-Link & Transitlink transactions. Miles awarded per S$1. Cents not included. 1.2 miles/S$1. Transfer in blocks of 10,000 miles.
4. DBS Altitude VISA/AMEX
http://www.dbs.com/sg/personal/cards...e/default.aspx
http://www.dbs.com/sg/personal/cards...e/default.aspx
Mileage accrual: Earn 1.2 miles for every $1 spent (every $5 gives 3 DBS points which equal 6 miles). Earn 2 miles for every $1 spent OVERSEAS.
Requirements: min. income $80,000.
Cost: First year free, then $180 for main and $90 for supplementary. Annual fee waiver if you charge $25,000 or more in a year.
Miles conversion fee: S$26.75 per transfer, redeem 1700 DBS points to waive off.
Pros: Points never expire. No rounding down transaction amount to nearest $5 (calculation is done as follows: DBS points = 'transaction amount' divided by 5, multiply by 3, after that round down to nearest whole number. Minimum spend is S$1.67. Each DBS point = 2 miles). Earn 3 miles per S$1 spent on all online Flight and Hotel transactions (capped at S$5,000 per month). 10,000 miles renewal bonus if you have to pay card renewal fees.
Cons: All local spend now down to 1.2 miles/$ (since Dec 1, 2013). AMEX not always accepted by merchants. Transfer in blocks of 5000 DBS points = 10,000 miles (on the plus side points don't expire). Per transfer of S$26.75, redeem 1700 DBS points to waive off.
5. Maybank Horizon Platinum Visa
http://info.maybank2u.com.sg/persona...visa-card.aspx
Earn 3.2 air miles (8X TREATS Points) with every dollar spent on dining, petrol, taxi fares and hotel bookings at Agoda.com/horizon
Earn 2 air miles (5X TREATS Points) with every dollar spent on air tickets, travel packages and foreign currency transactions, with a minimal S$300 in a calendar month
Earn 0.4 mile for every $1 spent elsewhere (1 mile for every $2.50 spent).
Requirements: min. income $30,000 ($80,000 for foreigners).
Cost: $150 for main, supplementary always free. Unsure of any annual fee waiver conditions.
Miles conversion fee: In blocks of 5,000 points to 2000 Asia Miles or KrisFlyer. S$26.75 fee applies.
Pros: Great for ticket purchases and overseas spend. Complimentary access to selected VIP airport lounges when you charge a minimum of S$400 in a single transaction on air tickets or travel packages to your Card 3 months prior to the date of travel.
Cons: Great ONLY for ticket purchases and overseas spend. Points are valid for 1 year only, expire either on 30 June or 31 December of the same year if not Rewards Infinite member.
6. Singapore Airlines KrisFlyer Ascend AMEX
https://www.americanexpress.com/sg/s...nd-credit-card
Mileage accrual: Earn 1.2 KrisFlyer miles for every S$1 spent on all your eligible purchases with your Card
Earn 2 KrisFlyer miles for every S$1 equivalent in foreign currency spent overseas on eligible purchases during June and December
Requirements: min. income $50,000 ($60,000 for foreigners). Principal cardholder must be over 21 years of age.
Cost: First year free, otherwise $256.80 for main, 2 supplementary cards always free (more available at $80.25 each). Annual fee cannot be waived unless you spend alot.
Miles conversion fee: None - your KrisFlyer miles are transferred to your account directly with no conversion fees or charges.
Pros: None, except for welcome offers (4 complimentary airport lounge access vouchers, one complimentary night with Millennium Hotels and Resorts).
Cons: Simply nothing special - there are better cards available for all types of purchases, including flight tickets, even with all of the bonuses above applied. AMEX not always accepted by merchants.
7. Citibank Rewards Card
http://www.citibank.com.sg/gcb/credi...CACRENCCHOCALM
Earn 10X Rewards (10 Rewards Points or 4 Miles for every S$1 spent) when you shop for clothes, bags and shoes or at departmental stores or online shopping websites, including SingTel & M1 online bill payment!
Pros: Transfer to 11 FFPs & 3 Hotel programs in blocks of 25,000 points=10,000 miles; S$25 fee.
Cons: Points awarded per S$1 spend. Cents not included. Cannot combined Thank You Points across cards.
8. DBS Woman's World MasterCard® Card
http://www.dbs.com.sg/personal/cards...astercard-card
10X Rewards for Online Retail Purchases
T&C Here: https://www.dbs.com.sg/iwov-resource...s_card_tnc.pdf
Pros: Men also can get this card!! DBS points are combined in 1 cardholder's name. No rounding down transaction amount to nearest $5 (calculation is done as follows: DBS points = 'transaction amount' divided by 5, multiply by 10, after that round down to nearest whole number. Minimum spend is S$1. Each DBS point = 2 miles).
Cons: DBS points are valid for 1 year based on card anniversary date. The additional 9X DBS Points for online retail spend in a calendar month will be awarded on the 16th of the next calendar month. If the above days are not working days, the Points will be awarded on the next working day. The additional 9X DBS Points are only applicable to the first S$2,000 online retail spend every calendar month.
9. OCBC Titanium Rewards Card
https://www.ocbc.com/personal-bankin...astercard.html
10x OCBC$ on your shopping Local & Overseas Shopping Transactions, Local & Overseas Department Store Transactions and Local & Overseas Online Transactions.
The remaining 9 OCBC$ will be posted to the Card Account by the end of the next calendar month
https://www.ocbc.com/assets/pdf/card...ons.pdf?rand=1
10,000 KrisFlyer miles requires OCBC$ 25000, For each conversion of OCBC$ to KrisFlyer miles a fee of S$25 will be charged
10. UOB Lady's Card
https://www.uob.com.sg/personal/card...ard/index.page
============
The 'Best credit cards for KF miles accrual' master thread
Dec 31, 2016, 5:14 am
#6557
Join Date: Jun 2006
Location: NYC/SIN
Programs: CX DM, SQ KF
Posts: 2,170
DBS Asia Treasures
quite OT, but wasn't sure where to put this.
Got my renewed DBS Asia Treasures card - with an extra 3 months thrown in...useful for those who like a bit Japanese Single Malt before their non-CX flight (me!), and for the free limo pickup from Changi (also, me!).
Interesting note: 'for subsequent membership renewal, spend a minimum of S$30,000 on any DBS/POSB personal credit card(s) in 2017, in addition to maintaining assets under management of at least S$1.5million with DBS Treasures Private Client.'
Get a feeling that general card/banking benefits in the market are on the way out...
Got my renewed DBS Asia Treasures card - with an extra 3 months thrown in...useful for those who like a bit Japanese Single Malt before their non-CX flight (me!), and for the free limo pickup from Changi (also, me!).
Interesting note: 'for subsequent membership renewal, spend a minimum of S$30,000 on any DBS/POSB personal credit card(s) in 2017, in addition to maintaining assets under management of at least S$1.5million with DBS Treasures Private Client.'
Get a feeling that general card/banking benefits in the market are on the way out...
Last edited by jagmeets; Dec 31, 2016 at 9:25 am
Dec 31, 2016, 7:22 am
#6558
Join Date: Jan 2015
Posts: 129
I have a friend at CardUp and asked for more information on it. Here is what they shared:
1. Some banks count the spend as online: The UOB PPV currently gives 4 miles / S$ and OCBC cards also count as online spend. However, DBS does not count it as online. Hope the banks don't change this as others have mentioned...
2. They're launching a "first payment for free" promo for new users next week for the first 300 redemptions, capped at a charge of $5k SGD. Should start on Monday.
3. They'll have regular promotions with lower fees. There should be one for income tax in 2017.
4. They have more local than expat customers at the moment. The locals usually use it for condo maintenance fees to MSCTs and insurance premiums to all major insurance companies.
5. Regarding the scenario of them going out of business, all funds are held in trust for customers in a completely separate trust account to the company's operating account, so payments are essentially passed straight through.
Disclaimer: I haven't tried it out myself yet as I don't incur any of the above fees. Though if the UOB PPV still counts as online come tax season I'll give it a shot!
1. Some banks count the spend as online: The UOB PPV currently gives 4 miles / S$ and OCBC cards also count as online spend. However, DBS does not count it as online. Hope the banks don't change this as others have mentioned...
2. They're launching a "first payment for free" promo for new users next week for the first 300 redemptions, capped at a charge of $5k SGD. Should start on Monday.
3. They'll have regular promotions with lower fees. There should be one for income tax in 2017.
4. They have more local than expat customers at the moment. The locals usually use it for condo maintenance fees to MSCTs and insurance premiums to all major insurance companies.
5. Regarding the scenario of them going out of business, all funds are held in trust for customers in a completely separate trust account to the company's operating account, so payments are essentially passed straight through.
Disclaimer: I haven't tried it out myself yet as I don't incur any of the above fees. Though if the UOB PPV still counts as online come tax season I'll give it a shot!
Any chance you can check with your friend if they know HSBC counts them as online spend?
Jan 1, 2017, 12:46 am
#6559
Join Date: Apr 2007
Location: Anywhere
Posts: 6,575
Jan 1, 2017, 4:54 am
#6560
Join Date: Jan 2016
Location: SIN
Posts: 352
Jan 3, 2017, 5:11 pm
#6561
Join Date: Apr 2007
Location: Anywhere
Posts: 6,575
I just got the AMEX platinum credit card mainly to try out their dining discounts - 2 persons 50%, 3 persons 35%, 4 persons 25% and beyond that 20%.
What I don't quite get is, why would the card give LESS discount for MORE people in your dining party?
What I don't quite get is, why would the card give LESS discount for MORE people in your dining party?
Jan 3, 2017, 8:30 pm
#6562
Join Date: Dec 2016
Programs: LH, BA
Posts: 93
Jan 3, 2017, 10:11 pm
#6563
Join Date: Apr 2007
Location: Anywhere
Posts: 6,575
Why should it be? Aren't these dining discounts borne by the respective restaurants anyway?
Another explanation that I got was - the cardholder's share is free, whereas guests would pay their respective shares. But why would such scheme Incentivize me to bring more business to a restaurant by way of additional guests? No matter how I try to rationalise, it doesn't quite make sense...
Another explanation that I got was - the cardholder's share is free, whereas guests would pay their respective shares. But why would such scheme Incentivize me to bring more business to a restaurant by way of additional guests? No matter how I try to rationalise, it doesn't quite make sense...
Jan 3, 2017, 11:20 pm
#6564
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,799
Jan 4, 2017, 1:18 am
#6565
Join Date: Oct 2015
Location: Singapore
Programs: IHG Ambassador, KrisFlyer
Posts: 40
e.g. Lets say each person has a $30 meal (and they all have it)
2 people - $60 - 50% = $30 saving
3 people - $90 - 35% = $31.5 Saving
4 people - $120 - 25% = $30 saving
and so on....
Jan 4, 2017, 1:20 am
#6566
Moderator, El Al and Marriott Bonvoy, FlyerTalk Evangelist
Join Date: Feb 2005
Location: SIN
Programs: SQ*G, Mar LTT, Hyatt Glb, AA LTG, LY, HH, IC, BA, DL, UA SLV
Posts: 12,018
Correct. They are essentially saying "One person eats free". The various hotel chain dining clubs work the same way.
Jan 4, 2017, 1:53 am
#6567
Join Date: Jan 2016
Location: SIN
Posts: 352
This is why math is important; do the math first and you'll see what they are doing. Whilst AMEX shows a % discount, in actuality they are committing to just a general dollar amount. They is important for them because they forecast how much each redemption will cost per restaurant (they'll have an average amount per restaurant). All things being equal, you will get the same $ value off up to 5 people. (And remember, it's the cheapest meal free too....)
e.g. Lets say each person has a $30 meal (and they all have it)
2 people - $60 - 50% = $30 saving
3 people - $90 - 35% = $31.5 Saving
4 people - $120 - 25% = $30 saving
and so on....
e.g. Lets say each person has a $30 meal (and they all have it)
2 people - $60 - 50% = $30 saving
3 people - $90 - 35% = $31.5 Saving
4 people - $120 - 25% = $30 saving
and so on....
This is a great card to have when you're 2pax and want to have an unlimited champagne brunch at a Top restaurant
Jan 4, 2017, 2:16 am
#6568
Join Date: Feb 2016
Location: HOME
Programs: HH Dia;SPG Plat;Marriott Plat;GHA Black
Posts: 335
CITIBANK AND EXPEDIA PROMOTION from 1 Aug 2016 to 31 October 2016
Bonus 4.8 miles/$ is in today (29/12) for my Citi PM VISA.
Yes, this time Citibank is smart. You MUST click through the special Expedia website to do the booking because the transaction has extra codes when posted and refunded.
http://www.expedia.com.sg/bonusrewards
Promo Expedia website's transaction posted as:
24/12/2016 *EXPEDIACT144382620891 EXPEDIA SG SE
Normal Expedia website transaction:
10/12/2016 EXPEDIA EXPEDIA SG SE
Once the charge is posted, the bonus points will be in at the same time. No more waiting for 2 months.
But no more free bonus 14x points or 4.8miles/S$ for those who cancel and refund their bookings after 1 or 2 months.
Imagine the amount of bonus 14x points or 4.8miles/S$ earned for the past 2 years if you charge to almost your credit limit and cancel them after 1 or 2 months every qualifying period without spending a single cent!!...WOW...can fly First Class around the world!! Haha!!
Bonus 4.8 miles/$ is in today (29/12) for my Citi PM VISA.
Yes, this time Citibank is smart. You MUST click through the special Expedia website to do the booking because the transaction has extra codes when posted and refunded.
http://www.expedia.com.sg/bonusrewards
Promo Expedia website's transaction posted as:
24/12/2016 *EXPEDIACT144382620891 EXPEDIA SG SE
Normal Expedia website transaction:
10/12/2016 EXPEDIA EXPEDIA SG SE
Once the charge is posted, the bonus points will be in at the same time. No more waiting for 2 months.
But no more free bonus 14x points or 4.8miles/S$ for those who cancel and refund their bookings after 1 or 2 months.
Imagine the amount of bonus 14x points or 4.8miles/S$ earned for the past 2 years if you charge to almost your credit limit and cancel them after 1 or 2 months every qualifying period without spending a single cent!!...WOW...can fly First Class around the world!! Haha!!
hm, in my card it is posted as
*TRAVEL RESERVATION SIN PARIS FR
and there don't seems to be any miles posted :-/
Jan 4, 2017, 2:30 am
#6569
Ambassador, Hong Kong and Macau
Join Date: May 2009
Location: HKG
Programs: Non-top tier Asia Miles member
Posts: 19,799
Need 360,000 KF to go RTW (http://www.singaporeair.com/en_UK/sg...e-world-award/ KF isn't a currency I'm as familiar with as AM...I'll go with the website quotation)
4.8 miles per S$ "time deposited" (we have similar promos here, but capped)
360,000 / 4 / 4.8 = S$18,750 need to be "time deposited".
The capital requirement isn't too hard.
However I wonder will Citi axe your card if you're refunding S$75K into your account over two years.
Jan 4, 2017, 2:33 am
#6570
Join Date: Feb 2016
Location: HOME
Programs: HH Dia;SPG Plat;Marriott Plat;GHA Black
Posts: 335
I have a friend at CardUp and asked for more information on it. Here is what they shared:
1. Some banks count the spend as online: The UOB PPV currently gives 4 miles / S$ and OCBC cards also count as online spend. However, DBS does not count it as online. Hope the banks don't change this as others have mentioned...
2. They're launching a "first payment for free" promo for new users next week for the first 300 redemptions, capped at a charge of $5k SGD. Should start on Monday.
3. They'll have regular promotions with lower fees. There should be one for income tax in 2017.
4. They have more local than expat customers at the moment. The locals usually use it for condo maintenance fees to MSCTs and insurance premiums to all major insurance companies.
5. Regarding the scenario of them going out of business, all funds are held in trust for customers in a completely separate trust account to the company's operating account, so payments are essentially passed straight through.
Disclaimer: I haven't tried it out myself yet as I don't incur any of the above fees. Though if the UOB PPV still counts as online come tax season I'll give it a shot!
1. Some banks count the spend as online: The UOB PPV currently gives 4 miles / S$ and OCBC cards also count as online spend. However, DBS does not count it as online. Hope the banks don't change this as others have mentioned...
2. They're launching a "first payment for free" promo for new users next week for the first 300 redemptions, capped at a charge of $5k SGD. Should start on Monday.
3. They'll have regular promotions with lower fees. There should be one for income tax in 2017.
4. They have more local than expat customers at the moment. The locals usually use it for condo maintenance fees to MSCTs and insurance premiums to all major insurance companies.
5. Regarding the scenario of them going out of business, all funds are held in trust for customers in a completely separate trust account to the company's operating account, so payments are essentially passed straight through.
Disclaimer: I haven't tried it out myself yet as I don't incur any of the above fees. Though if the UOB PPV still counts as online come tax season I'll give it a shot!
or will they check the account name (you can use your spouse account) ?