Credit Cards

4 Ways to Decide Which Credit Card Works Best for Your Year-End Holiday

Can you believe it? There are only 7 more weeks left to the end of this crazy rollercoaster year, and I for one cannot wait to end the year on a good note, and preferably on an actual rollercoaster. And no, I don’t mean the ones in Sentosa. I’m thinking somewhere much, much further away. But if you haven’t started planning your overseas trip, like me, here are some tips on how the right credit card can help you decide where to go by maximising its benefits.

 

1. Use a credit card that rewards you when making your flight booking

Gone are the days where the preferred way to travel was to book a package with an agency. More and more, the ability to customise your flights and accommodation (while saving money in the process!) has become easier and more convenient via sites like Expedia.

But don’t just use any random credit card when making your booking. Here are some credit cards that reward you for making your travel plans:

The UOB PRVI Miles Card earns you 6 Miles for every $1 spent on airline bookings on Expedia and the bank’s own site, UOB Travel. You’ll even get a welcome bonus of 12,000 miles if your spending amounts to $4,000 within the first 2 months your card gets approved. That’s rather easy to achieve considering how quickly your money disappears when you’re travelling to countries further than Thailand.

UOB PRVI Miles Card

UOB PRVI Miles Card


Card Benefits

    • S$1 = 1.4 miles (Local spend); S$1 = 2.4 miles (Overseas spend)
    • S$1 = 6 miles for spends on major airlines and hotels booked through Expedia, UOB Travel, and Agoda
    • No minimum spend and no cap on earned miles
    • 20,000 loyalty miles every year with min. spend of S$50,000 in a year; Up to 8 complimentary airport transfers to Changi Airport in a year (Exclusively for UOB PRVI Miles American Express Card)
    • Complimentary travel insurance coverage of up to S$1,000,000. T&Cs apply.

    The DBS Altitude Card earns you 3 Miles for every $1 spend on online airline bookings, regardless of airline.

    DBS Altitude Visa Signature Card

    DBS Altitude Visa Signature Card


    Card Benefits

      • S$1 = 1.2 miles (Local spend)
      • S$1 = 2 miles (Overseas spend)
      • S$1 = 3 miles (Online flight & Hotel transactions)
      • 6 miles/S$1 spend at Expedia; 10 miles/S$1 spend at Kaligo
      • Get 10,000 Bonus Miles when you renew your annual membership
      • Enjoy 2 Complimentary Global Airport Lounge Access visits and get up to S$1 million travel accident insurance coverage for you and your family members

      Some credit cards reward you for flying with a specific airline. For example:

      The American Express Singapore Airlines KrisFlyer Ascend Credit Card allows you to earn 2 Miles per $1 spent flying (surprise, surprise) Singapore Airlines or SilkAir.

      American Express Singapore Airlines KrisFlyer Ascend Credit Card

      American Express Singapore Airlines KrisFlyer Ascend Credit Card


      Card Benefits

        • Apply through MoneySmart from 22 Mar - 19 Apr 2018 to get S$100 worth of Grab OR NTUC Vouchers. Application must be approved by 3 May 2018. Submit your (i)Contact Details and (ii)14-digit Reference Number on the Thank You Page upon completion at this link before 19 April 2018. T&Cs
        • 1.2 KrisFlyer Miles = S$1
        • 2 KrisFlyer Miles = S$1 in foreign currency spent overseas on eligible purchases in June & Dec
        • 3.2 KrisFlyer Miles = S$1 for Grab and Uber rides, capped at S$200 per month
        • Spend above S$15,000 on eligible purchases on singaporeair.com within first 12 months of Card approval and get upgraded to KrisFlyer Elite Gold Membership
        • Four complimentary lounge access to participating SATS Premier and Plaza Premium Lounge each year
        • Complimentary night's stay each year at one of over 90 participating Millennium Hotels and Resorts properties worldwide
        • Up to $1 million travel insurance coverage

        If you’re not the type to get bitten by the travel bug and therefore don’t like earning miles that you’ll probably not be able to use, consider earning cashback rebates instead.

        The other alternative then is the American Express True Cashback Card, which earns a flat 1.5% cashback rebate. However, since there’s no cashback cap and no minimum spend, it’s perfect for large travel transactions.

        American Express True Cashback Card

        American Express True Cashback Card


        Card Benefits

          • Apply through MoneySmart from 22 Mar - 19 Apr 2018 to get S$100 worth of Grab OR NTUC Vouchers. Application must be approved by 3 May 2018. Submit your (i)Contact Details and (ii)14-digit Reference Number on the Thank You Page upon completion at this link before 19 April 2018. T&Cs
          • 1.5% Cashback on any purchase you make, anytime
          • 3% Cashback for the first 6 months up to $5000 spend
          • Enjoy first year fee waiver
          • Eligible for use with Apple Pay

           

          2. Use a credit card that rewards you when making your hotel booking

          While Expedia allows you to book both your flights and hotel in the same website, other sites like Agoda are exclusively for hotel and resort bookings. Sure, it may be a little inconvenient to book your hotel separately from your flights, but depending on your credit card, this might end up rewarding you more. Here are some examples:

          Citi PremierMiles Visa Card

          Citi PremierMiles Visa Card


          Card Benefits

          • Get S$200 NTUC Fairprice OR CapitaLand Vouchers with Citibank!
          • S$1 = 1.2 Citi Miles on Local spend
          • S$1 = 2 Citi Miles on Foreign currency spend
          • Earn up to 7 Citi Miles per S$1 spent on Agoda.com/bonusmiles (valid till 31 Jul 2019), 3 Citi Miles per S$1 spent on Expedia.com.sg/bonusrewards (valid till 31 May 2019) and 10 Citi Miles per S$1 spent on Kaligo.com/bonus-miles (valid till 31 Dec 2019)
          • Citi Miles never expire
          • Priority Pass™ membership gives you access to more than 600 airport lounges twice a year
          • Complimentary Travel Accident Insurance up to S$1,000,000 coverage, Medical Assistance Programme and Travel Inconvenience Coverage

          The Citi PremierMiles Card lets you earn 10 Miles per $1 spent on hotel booking site Kaligo.com till the end of December.

          Citi PremierMiles Visa Card

          Citi PremierMiles Visa Card


          Card Benefits

          • Get S$200 NTUC Fairprice OR CapitaLand Vouchers with Citibank!
          • S$1 = 1.2 Citi Miles on Local spend
          • S$1 = 2 Citi Miles on Foreign currency spend
          • Earn up to 7 Citi Miles per S$1 spent on Agoda.com/bonusmiles (valid till 31 Jul 2019), 3 Citi Miles per S$1 spent on Expedia.com.sg/bonusrewards (valid till 31 May 2019) and 10 Citi Miles per S$1 spent on Kaligo.com/bonus-miles (valid till 31 Dec 2019)
          • Citi Miles never expire
          • Priority Pass™ membership gives you access to more than 600 airport lounges twice a year
          • Complimentary Travel Accident Insurance up to S$1,000,000 coverage, Medical Assistance Programme and Travel Inconvenience Coverage

          The UOB PRVI Miles Card earns you 10 Miles for every $1 spent on Kaligo, and 6 Miles for every $1 spent on hotels on Expedia and Agoda. If you’re a visa cardmember, you’ll also enjoy VIP privileges such as automatic room upgrades etc, at over 900 prestigious hotels like Mandarin Oriental and Park Hyatt.

          UOB PRVI Miles Card

          UOB PRVI Miles Card


          Card Benefits

            • S$1 = 1.4 miles (Local spend); S$1 = 2.4 miles (Overseas spend)
            • S$1 = 6 miles for spends on major airlines and hotels booked through Expedia, UOB Travel, and Agoda
            • No minimum spend and no cap on earned miles
            • 20,000 loyalty miles every year with min. spend of S$50,000 in a year; Up to 8 complimentary airport transfers to Changi Airport in a year (Exclusively for UOB PRVI Miles American Express Card)
            • Complimentary travel insurance coverage of up to S$1,000,000. T&Cs apply.

            The DBS Altitude Card earns you 13 Miles for every $1 spent on Kaligo, and 3 Miles for every $1 spend on online hotel bookings, including Agoda and Expedia and even Airbnb!

            DBS Altitude Visa Signature Card

            DBS Altitude Visa Signature Card


            Card Benefits

              • S$1 = 1.2 miles (Local spend)
              • S$1 = 2 miles (Overseas spend)
              • S$1 = 3 miles (Online flight & Hotel transactions)
              • 6 miles/S$1 spend at Expedia; 10 miles/S$1 spend at Kaligo
              • Get 10,000 Bonus Miles when you renew your annual membership
              • Enjoy 2 Complimentary Global Airport Lounge Access visits and get up to S$1 million travel accident insurance coverage for you and your family members

               

              3. Use a credit card that rewards you for spending overseas

              Several of the credit cards mentioned above earn you air miles at a faster rate for overseas spending:

              DBS Altitude Visa Signature Card

              DBS Altitude Visa Signature Card


              Card Benefits

                • S$1 = 1.2 miles (Local spend)
                • S$1 = 2 miles (Overseas spend)
                • S$1 = 3 miles (Online flight & Hotel transactions)
                • 6 miles/S$1 spend at Expedia; 10 miles/S$1 spend at Kaligo
                • Get 10,000 Bonus Miles when you renew your annual membership
                • Enjoy 2 Complimentary Global Airport Lounge Access visits and get up to S$1 million travel accident insurance coverage for you and your family members

                The DBS Altitude Card currently has a promotion, earning you 2 Miles per $1 spent overseas. If your overseas spend falls between $2,500 to $5,000, they’ll reward you with an extra 2 bonus miles per $1. That’s 4 miles per $1 spent overseas! Note that there is a cap of 2,000 per calendar month.

                DBS Altitude Visa Signature Card

                DBS Altitude Visa Signature Card


                Card Benefits

                  • S$1 = 1.2 miles (Local spend)
                  • S$1 = 2 miles (Overseas spend)
                  • S$1 = 3 miles (Online flight & Hotel transactions)
                  • 6 miles/S$1 spend at Expedia; 10 miles/S$1 spend at Kaligo
                  • Get 10,000 Bonus Miles when you renew your annual membership
                  • Enjoy 2 Complimentary Global Airport Lounge Access visits and get up to S$1 million travel accident insurance coverage for you and your family members

                  The UOB PRVI Miles Card earns 2.4 Miles per $1 spent overseas. You’ll also get a $45 rebate off your limousine ride to Changi Airport when you charge $1,000 of your holiday expenditure to the card.

                  UOB PRVI Miles Card

                  UOB PRVI Miles Card


                  Card Benefits

                    • S$1 = 1.4 miles (Local spend); S$1 = 2.4 miles (Overseas spend)
                    • S$1 = 6 miles for spends on major airlines and hotels booked through Expedia, UOB Travel, and Agoda
                    • No minimum spend and no cap on earned miles
                    • 20,000 loyalty miles every year with min. spend of S$50,000 in a year; Up to 8 complimentary airport transfers to Changi Airport in a year (Exclusively for UOB PRVI Miles American Express Card)
                    • Complimentary travel insurance coverage of up to S$1,000,000. T&Cs apply.

                    Of course, when using your credit card overseas, you should always take the necessary precautions. Ensure that your bank is aware of your travel plans so that they can allow your card to be used overseas, and always be on the watch for fraudulent transactions.

                    Another thing to look out for would be the additional charges that you’ll incur when using a credit card overseas. As a rule, you should charge the card in a foreign currency and reject any option to pay in Singapore dollars.

                    4. Take advantage of your credit card to enjoy airport lounge access

                    Since you’re already planning to use your credit card to enjoy your travel, why not enjoy airport lounge access all over the world as well? That’s right. By signing up for some credit cards, you will be eligible for Priority Pass membership, which gives you access to over 700 VIP lounges in hundreds of cities worldwide.

                     

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