What Are SmartPoints, and What Can You Use Them For?

SmartRewards has been around for a while now, and if you’re not on it yet—well, you’re missing out. This is MoneySmart’s very own rewards programme designed to give you the ultimate flexibility when it comes to choosing the rewards that matter most to you.

At the core of SmartRewards is our rewards currency: SmartPoints. You earn them when you apply for eligible financial products through MoneySmart, and then redeem them for a wide variety of gifts in our Rewards Store.

But here’s why it’s an even smarter time to jump on board: we’ve just added two exciting new partners—Atome and yuu. That means you can now convert your SmartPoints into Atome+ Points or yuu Points, giving you even more ways to spend your rewards. And of course, our long-standing redemption options like KrisFlyer miles and Asia Miles are still available.

New perks, more flexibility, and smarter ways to spend—what’s not to love? Let’s break down how SmartPoints work, how to earn them, and all the ways you can redeem them.

 

1. What are SmartPoints?

SmartPoints is our rewards currency. When you apply for selected financial products on MoneySmart, you’ll earn SmartPoints. These will be credited into your MoneySmart account for you to redeem rewards with. (More on that later!)

You might be wondering, why SmartPoints? SmartPoints offer you total flexibility. You decide how to use them, whether it’s for everyday essentials or special luxury items you’ve always wanted. With SmartPoints, you’re in control of what, when, and how you redeem your rewards. 

 

2. What can you redeem with SmartPoints?

SmartPoints open the door to a whole library of gifts you can take home. These include:

• Apple products like iPads, iPhones, AirPods, AirPods Max, MacBook Air and more
• Electronics like the Insta360 Ace Pro, ECOVACS DEEBOT N30 Pro OMNI (an auto-emptying and washing robot vacuum), and the LUMOS AURO V2 Home Cinema Projector
• Office equipment such as smart monitors, smart desks, and ergonomic chairs from ErgoTune, Hinomi, and TTRacing
• E-vouchers from Amazon, Shopee, NTUC FairPrice, IseTan, GrabGifts and more
• Miles (KrisFlyer Miles and Asia Miles) for all you miles chasers.
• STAR$® (eCapitaVoucher)—use these at CapitaLand mall, including Bugis Junction, Funan, ION Orchard, Jewel, Raffles City, and more.
• Atome+ points—use these to redeem rewards and vouchers on the Atome app.
• yuu Points—offset your spending at yuu merchants like BreadTalk, Cold Storage, Giant, Foodpanda, Gojek, Guardian, 7-Eleven and more.

Browse the full rewards selection on the Rewards Store.

 

3. How do you earn SmartPoints?

You earn SmartPoints when you apply for selected financial products on MoneySmart. This includes credit cards like these fan favourites:

The Citi PremierMiles Card earns you up to 10 Citi Miles per S$1 on online travel bookings via Kaligo and Agoda. If you apply for this card and meet the spend criteria, you can earn up to $400 cash or 5,040 SmartPoints, plus a $50 Trip.com Hotel Coupon and a 5GB Eskimo Global eSIM (worth US$25). With 5,040 SmartPoints, you can redeem a Secretlab TITAN Evo Lite worth $519.

Another good miles card is the HSBC TravelOne Card, which earns you miles at a rate of 2.4 miles per dollar on foreign spend and grants you free airport lounge access. Bag 5,000 SmartPoints with this card, worth 15,000 KrisFlyer miles.

Prefer cashback to miles? The Standard Chartered Simply Cash Credit Card gives you fuss-free unlimited cashback that’s upsized to 2% for a limited time. Best part? No minimum spend required.

You’ll earn $350 cash via PayNow or 4,000 SmartPoints when you sign up and spend $800 within 30 days on the Standard Chartered Simply Cash Credit Card. You can use those SmartPoints to redeem a Nothing CMF Phone 1 (8GB+256GB) worth $369.

What if you want bigger gifts like a MacBook Air or Sony BRAVIA TV? Another way you can add SmartPoints to your account is to purchase them on the MoneySmart store. This gives you the option to top up SmartPoints and redeem them for a huge gift. Overall, you’ll only pay for the SmartPoints top-up, which is a fraction of the item’s retail value.

 

4. How to redeem your favourite gifts using SmartPoints

There are 3 ways you can use SmartPoints:

1. Redeem a gift in full
2. Redeem 2 or more gifts
3. Use SmartPoints to get a big discount, topping up the remaining with cash

Redeem a gift in full

If you’ve accumulated enough SmartPoints, you can redeem a gift outright without spending a single dollar. Whether it’s a new gadget or shopping voucher, you have the freedom to fully cover the cost with your SmartPoints. It’s the simplest and most straightforward way to treat yourself.

Redeem 2 or more gifts

Have more SmartPoints to spare? Don’t just settle for 1 gift—redeem any combination of gifts by splitting your points between multiple items. This maximises your rewards haul, letting you diversify and enjoy more from your SmartPoints.

Use SmartPoints to get a big discount

This method is the perfect option when you’re eyeing a high-value item—say, a brand new iPhone. If you don’t have enough SmartPoints to redeem it in full, no worries. You can still use your SmartPoints to significantly reduce the price of it and pay the remaining amount in cash. Your SmartPoints help you to offset the total cost of the item, and you just need to top up for the remaining SmartPoints. Purchase SmartPoints on our Rewards Store at a rate of $10 for 100 SmartPoints.

For example, an Apple iPad Wi‑Fi (10th Generation, 64GB Silver) retails for $499 and is redeemable for 5,920 SmartPoints on our Rewards Store. If you earn 5,040 SmartPoints from your Citi PremierMiles Card application and use them on the AirPods Max, only need to top up $90 for the remaining 880 SmartPoints. Essentially, you’re getting a sleek new Apple iPad for just $90.

 

5. When will I receive my redeemed rewards?

When you redeem a physical product, it usually takes up to 21 working days for delivery after your order is confirmed. Keep in mind that this is just an estimate, and delivery times may vary due to factors outside of MoneySmart and the courier’s control.

For digital vouchers, you’ll receive them via email within 7 working days after payment is completed.

If you have any questions or concerns, feel free to reach out to us at [email protected]—we’re here to help.

 

6. How long does the whole process take?

From the day you sign up for a financial product to the day you receive your redeemed reward, the entire process can take 3 months or more. For credit cards, it depends on various factors during the process—here’s a rough idea of what that will look like:

• The bank will approve your card application—this could be as fast as within a day, and you can usually use your credit card digitally before you get the physical one in the mail.
• You need to meet the minimum spend criteria—this can be over a 30-day period for some cards but a 2- or 3-month one for others.
• The bank will give confirmation of your spending
• You submit the claim form
• We process your claim and credit the SmartPoints to your account. This can be as fast as 5 weeks for cards like the Citi Cash Back+ Card.
• Your redeem your reward(s) using your SmartPoints 
• We process the redemption, taking up to 7 days for digital vouchers and 21 days for delivery of physical items.

For example, if you apply for the Citi Cash Back+ Card, you’ll need to spend $500 within 30 days to meet the minimum spend requirement. After the bank confirms your spending and you submit your claim form, you can receive your SmartPoints in as fast as 5 weeks. If you immediately use them to redeem an iPad, you should receive it within 3 weeks. All in all, the process will take you at least 3 months to complete.

 

7. Why you should use the Rewards Store 

Our Rewards Store offers only 100% authentic products, so you can redeem the rewards you want with confidence. You’ll also enjoy the flexibility of using your SmartPoints to choose whatever reward your heart desires, whether you’re after Apple products, electronics, office equipment, or vouchers.

Furthermore, get your rewards with no hidden costs or delivery fees. From tech upgrades to everyday essentials, every gift you redeem is delivered straight to you without any extra charges.

Redeeming SmartPoints at our Rewards Store is the perfect way to get high-quality, genuine items at great prices or even for free with SmartPoints. Start earning them today by exploring our credit cards to see what’s on offer!