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Rack Up Tons of Miles With The Best Miles Credit Cards By Category in Singapore!

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I’m sure you’ve heard of people redeeming free flights. But how exactly do they do it?

By spending with miles credit cards and redeeming miles for flights!

But with a gazillion miles credit cards in Singapore, it’s extremely hard to suss out which cards you should sign up for.

Source: Giphy

Luckily, we’ve done the heavy lifting and sussed out the best miles credit cards in Singapore based on your spending habits.

Ready to earn miles and redeem some flight tickets? Read on!

Disclaimer: The cards listed in this article exclude corporate, private, premier, and invite-only credit cards. The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any investment product.


TL;DR: Best Air Miles Credit Cards in Singapore (2024)

Promotions: Maybank Horizon Visa Signature Card buffed from 2.8 mpd on overseas spend and flight tickets to 3.2mpd! Promotion lasts till 31 Jan 2024 for existing cardmembers and three months from the approval date for new cardmembers (approval date before 31 Mar 2024)

Updates

Nerf(s):

  • HSBC Revolution will no longer award 4mpd on Merchant Category Codes (MCC) 4722 (Travel Agencies and Tour Operators) and 7011 (Lodging – Hotels, Motels, Resorts, Central Reservation Services).
  • OCBC Titanium Rewards bonus limit cap of $13,335 per membership year has been changed to a $1,100 limit per calendar month.

If you are completely new to credit cards, take some time to read through the ultimate guide to credit cards before coming back to read this article as there are a few things that you need to take note of such as fees and the danger of credit card debt.

In This Article:


Which Card Earns the Most Miles?

If I could recommend just one card that beats every other card, I would. Sad to say, there’s no such thing, and maximising your miles earnings highly depends on how you spend.

Thus, I’ve narrowed it down to the top cards based on the earn rate for each category! Do note that many of these miles earn rates are awarded via bonus miles. You may click on the card’s name for more details on the card and read reviews left by the Seedly community.

Jump to:

Best Miles Credit Cards for Local Spend/General Spending

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Best Miles Credit Cards for General Overseas Spend

When spending overseas with credit cards, do note that there are foreign currency conversion fees (usually 3% to 3.5%). There is a way to avoid this fee with the amaze card. There are also credit cards that give even more miles per dollar for specific categories when paired with amaze for overseas spending. Read more in this article:

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Best Miles Credit Cards for Travel Expenses (Flight Tickets and Hotel Bookings)

Credit Card Earn Rate Min. Annual Income
DBS Altitude Visa Signature Card

Apply Now

10 mpd on hotel transactions at Kaligo (Valid till 31 Mar 2024)

6 mpd on flight and hotel transactions at Expedia (Valid till 31 Mar 2024)

$30k
DBS Altitude American Express Card

Apply Now

10 mpd on hotel transactions at Kaligo (Valid till 31 Mar 2024)

6 mpd on flight and hotel transactions at Expedia (Valid till 31 Mar 2024)

$30k
UOB PRVI Miles Mastercard

Apply Now

6 mpd on vacation rentals and hotels worldwide via Agoda (Valid till 31 Dec 2024)

6 mpd on accommodations, flight, car rentals and activities worldwide via Expedia (Valid till 30 Apr 2024)

$30k
UOB PRVI Miles Visa Card

Apply Now

6 mpd on vacation rentals and hotels worldwide via Agoda (Valid till 31 Dec 2024)

6 mpd on accommodations, flight, car rentals and activities worldwide via Expedia (Valid till 30 Apr 2024)

$30k
UOB PRVI Miles AMEX

Apply Now

6 mpd on vacation rentals and hotels worldwide via Agoda (Valid till 31 Dec 2024)

6 mpd on accommodations, flight, car rentals and activities worldwide via Expedia (Valid till 30 Apr 2024)

$30k
UOB Lady’s Card

Apply Now

6 mpd (Travel must be chosen as a preferred category, capped at S$1k per month) $30k
UOB Lady’s Solitaire 6 mpd (Travel must be chosen as a preferred category, capped at S$3k per month) $120k
DBS Vantage Visa Infinite Card

Apply Now

6 mpd on Expedia (till 31 Mar 2024) $120k
HSBC Revolution

Apply Now

4 mpd on contactless spending and online transactions (Limit $1K per month, excluding MCC 4722 (Travel Agencies and Tour Operators) and 7011 (Lodging – Hotels, Motels, Resorts, Central Reservation Services)) $30k
DBS Woman’s World Card

Apply Now

4 mpd (Limit S$2k per month) $50k

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Best Miles Credit Cards for Online Shopping

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Best Miles Credit Cards for Shopping

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Best Miles Credit Cards for Dining

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Best Miles Credit Cards for Groceries

Credit Card Earn Rate Min. Annual Income
UOB Lady’s Card

Apply Now

6 mpd (Family must be selected as preferred category. Not applicable for Cold Storage, Giant, Jasons and Market Place. Capped at S$1k per month) $30k
UOB Lady’s Solitaire Card 6 mpd on two of seven preferred categories (Family must be selected as preferred category. Not applicable for Cold Storage, Giant, Jasons and Market Place. Capped at S$3k per month) $120k
HSBC Revolution

Apply Now

4 mpd on contactless spending and online transactions (Limit S$1K per month) $30k
Citi Rewards Card

Apply Now

4 mpd on online groceries (Limit S$1k per statement month) $30k
SCB Journey Credit Card

Apply Now

3 mpd on online groceries (Limit S$1k per statement month) $30k

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Best Miles Credit Cards for Petrol

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Best Miles Credit Cards for Public Transport

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Best Miles Credit Cards for Mobile Payments

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Make Use Of SeedlyReviews To Further Narrow Down Your Choices

Alternatively, head over to SeedlyReviews and use the filters to further narrow down your card choices!

You can make use of the filters “card types” to find the best miles credit cards for your spending habits.

Read More

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How to Earn Miles?

Now that you have a rough idea of the best miles cards to use, there are a few things to take note when earning miles.

Firstly, you will need to be aware of what constitutes eligible spending. These can be found under the terms and conditions of your particular card.

Secondly, most cards except for KrisFlyer cards do not earn miles directly. Instead, they earn bank points which you can then convert to miles. Depending on the card and bank, you may also encounter conversion fees which range from $20 to $30 for a one-time conversion or a $40 to $50 a year option.

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How Much Is 1 Krisflyer Mile Worth?

The short answer: a mile has an average value of 1.4 cents to 1.8 cents depending on who you ask.

The long answer? It really depends on you!

The value of a mile can vary greatly based on how you acquire your miles (purchasing outright) and what you redeem your miles for. We will use the KrisFlyer programme as it is the most common among Singaporeans.

If you choose to purchase miles, you can get them for about 1 cent per mile (cpm) to 2 cpm on average.

As for redemption, the value of a mile varies greatly depending on what you redeem it for. Here’s an example:

London Economy Premium Economy Business Suites/First
Base Fare $800.30 $2,211.30 $6,622.30 $12,046.30
Miles required to fully redeem flight 42,000 71,000 103,500 141,000
Value per mile (rounded to 3 d.p.) 1.905 cents 3.114 cents 6.398 cents 8.543 cents

Based on a one-way ticket for 18 Oct 2022 and using the cheapest fares available.

As you can see, it becomes much more worth it when you use more miles to redeem upper-class flights.

If you’re unable to accumulate as many miles, you can opt to offset your flight ticket cost with miles (1.02 cpm) or redeem them for items (1.02 cpm or worse).

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Things to Note About Earning Air Miles

Aside from air miles earn rates, you’ll also need to consider miles conversion fees and the number of transfer partners available.

Previously, Citibank held the crown for most transfer partners with 10 airlines and 1 hotel, plus a $25 one-time conversion fee.

That is up until recently when HSBC introduced its HSBC TravelOne Card with 9 airlines and 3 hotel partners. By the end of 2023, HSBC is expected to expand it to more than 20 partners!

Last but not least, remember to take note of the annual fees and any minimum spend associated with the miles card you are keen on.

Is It Worth It to Get a Miles Card?

The answer to this question depends as well.

Are you a frequent flyer or a high spender? If so, you should seriously consider getting a miles card to maximise your spending.

But for those of us who don’t fly as much and are more value-oriented, a cashback or rewards credit card is a better way to go.

The reason is that accumulating miles is a long and tedious process and if we were to look at the opportunity cost of using a miles card instead of a cashback card, most infrequent flyers would be better off with a cashback card in terms of value and flexibility (you can use cash for anything but only miles for flights/terrible redemption rates for items).

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What If I Just Want One Miles Card?

With so many freaking categories to take note of, you may be quite overwhelmed. If you prefer a more fuss-free all-in-one miles card, here’s our pick:

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