Compare the Best Air Miles Credit Cards in Singapore 2018

Updated November 2018

If you love to travel, a good air miles credit card is a must-have. Compare and apply to earn credit card miles to redeem discounts, upgrades or even your entire airfare!

Popular Air Miles Credit Cards

Standard Chartered Visa Infinite Credit Card
Excellent
Standard Chartered Visa Infinite Credit Card
Excellent

S$1 = 1.4 Miles

Local Spend

S$1 = 3 Miles

Overseas Spend

35,000 Miles

Welcome Gift

MoneySmart Exclusive: Free S$50 worth of Cash + 35,000 Miles
  • Get 15% cashback with Grab

Air Miles Features

  • Get S$50 Cash + 35,000 Miles (T&Cs apply) when you apply for SCB Visa Infinite Credit Card via MoneySmart
  • Important – Go to MoneySmart Claim Form to submit your (1) Contact Details and (2) 11 digit Reference Number on the Thank You Page upon completion on or before 30 Nov 2018 for your S$50 Cash Gift. Full T&Cs here
  • S$1 = 1.4 miles (Local)
  • S$1 = 3 miles (Overseas)
  • Six complimentary visits to the airport lounges under the Priority Pass Lounge program
  • Complimentary Travel Accident Insurance coverage of up to S$1,000,000 coverage, travel assistance and loss of baggage covered
  • Overseas spends promo - Minimum spend of S$2,000 in a statement cycle to get 3 miles per S$1 spent. All spends below S$2,000 will earn 2.5 points or 1 mile for every S$1 spent

Annual Interest Rate and Fees

Annual Interest Rate24.46%
Principle Annual Fee$589
Supplementary Annual Fee0.0
Fee WaiverNot Available
Minimum Monthly Repayment1% of S$50, whichever is higher
Interest Free Period22 days

Minimum Income Requirements

Singaporean$150,000
Foreigner$150,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave
UOB PRVI Miles Card
Excellent
UOB PRVI Miles Card
Excellent

S$1 = 1.4 Miles

Local Spend

S$1 = 2.4 Miles

Overseas Spend

S$1 = 6 Miles

Selected Online Hotel and Flight bookings

  • Get up to $120 cash credit when you apply online

Air Miles Features

  • 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.

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$257
Supplementary Annual Fee128.4
Fee Waiver1 year fee waiver, free first 2 supplementary cards
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period21 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationMasterCard, Visa, American Express
Wireless PaymentMasterCard PayPass, Visa payWave, Apple Pay, Samsung Pay, Android Pay, Mighty Pay
BOC Elite Miles World Mastercard®
Excellent
BOC Elite Miles World Mastercard®
Excellent

S$1 = 2 Miles

Local Spend

S$1 = 5 Miles

Overseas Spend

1 Point = 0.33 Miles

Rewards to Miles Conversion

  • Earn up to 5 Miles per $1 spent
  • Win return ticket to Bangkok with Singapore Airlines

Air Miles Features

  • S$1 = 2 Miles (Local spend)
  • S$1 = 5 Miles (Overseas spend)
  • No minimum spend and no cap on earned miles
  • 4X Complimentary access to Plaza Premium lounges worldwide in a year. Valid for applicants who have applied for the card between 23 July till 30 June 2019

Annual Interest Rate and Fees

Annual Interest Rate28.88%
Principle Annual Fee$190
Supplementary Annual Fee$95
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period23 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationMasterCard
Wireless PaymentMasterCard PayPass
HSBC Visa Infinite Credit Card
Excellent
HSBC Visa Infinite Credit Card
Excellent

S$1 = Up to 1.25 Miles

Local Spend

S$1 = Up to 2.25 Miles

Overseas Spend

35,000 Miles

Welcome Gift

Air Miles Features

  • $1 = Up to 1.25 air miles (Local)
  • $1 = Up to 2.25 air miles (Overseas)
  • Priority Pass™ Membership card will be automatically issued to the primary Cardholder and the supplementary Cardholder(s) - Unlimited access to over 700 VIP airport lounges worldwide
  • Access to HSBC’s Infinite Travel & Lifestyle Concierge service for personalised assistance, 24/7
  • Automatic travel insurance coverage of up to US$2,000,000 (annual value worth S$988)
  • Complimentary limousine transfer and expedited immigration clearance at key airports in Asia

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$650
Supplementary Annual Fee0.0
Fee WaiverNot Available
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$120,000
Foreigner$120,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay
Maybank Horizon Visa Signature
Excellent
Maybank Horizon Visa Signature
Excellent

S$1 = 3.2 Miles

on Dining, Petrol, Taxi and Hotel Bookings at Agoda

S$1 = 2 Miles

on Air Tickets, Travel Packages and Foreign Currency Spend

1 Point = 0.5 miles

Rewards to Miles Conversion for Selected Airline Partners

Air Miles Features

  • Earn 3.2 air miles (8X TREATS Points) for every S$1 spent on dining, petrol, taxi fares and hotel bookings at Agoda.com/horizon
  • Earn 2 air miles (5X TREATS Points) for every S$1 spent on air tickets, travel packages and foreign currency transactions
  • Minimum spend: S$300/month
  • Capped at 30,000 Bonus TREATS Points per month
  • Earn 0.4 air miles (1X TREAT Point) with no minimum spend amount
  • Complimentary lounge access with minimum spend of S$1,000 in a single transaction on a retail purchase
  • Complimentary Travel Insurance up to S$1,000,000

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$180
Supplementary Annual FeeComplimentary
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$20, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$50,000
Foreigner$60,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Samsung Pay
DBS Altitude Visa Signature Card
Very Good
DBS Altitude Visa Signature Card
Very Good

S$1 = 1.2 Miles

Local Spend

S$1 = 2 Miles

Overseas Spend

S$1 = 3 Miles

Selected Online Hotel and Flight bookings

  • Get up to 12,000 Miles
  • Win a pair of SQ Suites return tickets to one of these 5 locations

Air Miles Features

  • 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

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$193
Supplementary Annual Fee96.3
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$45,000

Other

Card AssociationVisa, American Express
Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Google Pay
American Express The Platinum Card®
Satisfactory
American Express The Platinum Card®
Satisfactory

1 Point = 0.625 Miles

Rewards to Miles Conversion for Singapore Airlines and more

Complimentary Lounge Access

at Priority Pass, Centurion Lounge, and more

No Expiry Date

on Membership Rewards Points

  • 75,000 Membership Rewards® Points
  • Enjoy Over S$1,200 Worth of Complimentary Hotel Stays And Credits

Air Miles Features

  • Receive S$800 Travel Credits annually (S$400 Air Travel Credit + S$400 Lodging Credit) by booking through The Platinum Concierge
  • Complimentary access for you, a supplementary cardholder and two guests to 1,200 Lounges such as The Centurion Lounge, Priority Pass, International American Express Lounges
  • All Membership Rewards points never expire
  • Earn 1.95 miles per S$1 (5 Membership Rewards points = S$1.60) spent directly with Singapore Airlines, SilkAir or Scoot

Annual Interest Rate and Fees

Annual Interest RateN/A
Principle Annual Fee$1,712
Supplementary Annual Fee$160.50 (First 2 Supplementary Cards fee permanently waived)
Fee WaiverNot Available
Minimum Monthly RepaymentN/A
Interest Free PeriodN/A

Minimum Income Requirements

Singaporean$200,000
Foreigner$200,000

Other

Card AssociationAmerican Express
Wireless PaymentN/A
All results loaded

Best Miles Credit Cards 2018

Best Credit Cards for Everyday Use

In order to maximize your credit card rewards, it is often a good choice to combine multiple credit cards each specializing in a particular spending type or card feature that best suits your lifestyle. Avoid paring Miles credit cards with Cashback credit cards since these reward types are incompatible. Points credit cards, on the other hand, are more flexible as they can be used to either get cash rebates on specific merchants or convert points into miles to redeem free flight tickets.

Air Miles

Miles Credit Cards

  1. Citi PremierMiles Visa Card: Use for online hotel and flight bookings
  2. UOB PRVI Miles Card: Use for general local spend
  3. BOC Elite Miles World Mastercard®: Use for spending in foreign currency

Cashback

Cashback Credit Cards

  1. Citi Cash Back Card: Use for grocery shopping worldwide
  2. UOB One Card: Use for pumping petrol at SPC and Shell
  3. OCBC 365 Credit Card: Use for spending on everyday dining

Reward Points

Reward Points Credit Cards

  1. Citi Rewards Card: Use for retail shopping to earn extra miles
  2. American Express CapitaCard: Use for shopping at CapitaLand Malls to earn cash rebates
  3. DBS Woman's World Card: Use for free gym memberships

What is an Air Miles Credit Card?

Miles credit cards, sometimes known as air miles credit cards or frequent flyer credit cards, allow you to accumulate frequent flyer miles with purchases made on your cards. You can then put these towards your next holiday’s airfare.

It’s no surprise that miles credit cards are one of the most popular types of cards. Who wouldn’t want to earn flights to Hokkaido while buying rice and diapers at NTUC? Of course, air miles do take significant spending to accumulate, so don’t expect to get round-the-world tickets with a few miserly transactions.

Which is the Best Miles Card in Singapore?

Competition is stiff in the area of miles credit cards, and it can be mind-boggling to sift through them all. Since miles credit cards don’t always offer waivers off their annual fees, it is worth knowing what you’re signing up for. Here are a few things to look out for when choosing the best miles card to suit your spending habits and lifestyle needs:

Miles Earn Rate

Firstly, check that you are getting a good dollar-to-mile conversion rate on your miles credit card. Usually, banks offer a lower rate on local spending and a higher one for overseas or foreign currency spending, so bear that in mind. Some cards offer attractive bonus rates with partner merchants so you can rack up miles more quickly.

Miles Redemption Programmes

While some airline-specific cards will credit your earned miles directly into an established frequent flyer programme, certain miles credit cards award points in other types of “currency” such as DBS points or Citi Miles. Converting these points into an actual air ticket will take a longer time and may cost more.

Frequent flyer programme T&Cs

Always, always check the T&Cs of any frequent flyer programme for any unsavory details the credit card issuer would rather you not know. These include when your miles will expire and whether there is a cap on the miles you can earn.

More From The MoneySmart Blog

Check out our blog for more personal finance tips and insights.

Minimum Balance Payment for Credit Cards

Is paying the minimum balance bad?

Because credit cards are effectively short-term loans, you are meant to pay off your bills in full every month. If you make only the minimum payment each month, you may accrue huge additional costs on top of your bill due to the credit card’s interest rate (typically 24%+)!

Does paying only minimum balance affect credit score?

Yes, If you plan to apply for any kind of credit or loan (such as a housing loan or car loan) in the future, be aware that any “bad behavior” with your credit card can come back to haunt you in the form of a bad credit score.

Miles Credit Cards Frequently Asked Questions

Should I get a miles credit card?

You should definitely get one if you travel a lot, whether for business or pleasure, as such credit cards are typically set up to reward frequent flyers, making it easy to rack up miles or points with overseas spending and (in some cases) spending with travel-related merchants and on airlines. However, note that air miles credit cards usually have higher income requirements, so it might not be a suitable entry-level card.

How do I earn a free air ticket as quickly as possible?

Base earn rates are typically rather low, so it does take a while to earn sufficient miles for a trip if you use it for small transactions like grocery shopping. For local spending, a large purchase would get you a lot closer to your next getaway. You can also rack up the miles a lot more quickly if you use your credit card while travelling, since many cards offer better earn rates for overseas transactions. Also, make full use of the bonus miles offered in tandem with partner merchants.

What’s the difference between KrisFlyer Miles, Asia Miles, etc.?

The confusing thing about miles credit cards is that they use different programmes to let you accumulate points. There is no one universal air miles account, so banks often use their own proprietary point systems (like Citi Miles), which you will need to familiarize yourself with. Certain cards credit miles directly into an established frequent flyer programme like Singapore Airlines’ KrisFlyer, which eliminates the hassle of conversion.