- Local Spend
- S$1 = 1.2 Miles
- Overseas Spend
- S$1 = 2 Miles
- Staycation bookings
- S$1 = 10 Miles
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We all have that one relative or friend who swears by credit card sign-up promotions. Every time you see them, they seem to have a new piece of Samsonite luggage for their collection or a wad of Takashimaya vouchers to blow.
Unlike with rewards or miles credit cards, such introductory promotions typically do not require you to accumulate and redeem points. Instead, banks offer attractive sign-up gifts like branded luggage to entice new customers. The credit card itself can be any sort of card.
Here are 3 common types of promotions offered by credit cards in Singapore:
Promotional freebies that await when you sign up for a credit card. There are variations such as Staycations and a range of Cashback.
Miles credit cards or rewards credit cards will sometimes sweeten the deal for newcomers with a big bunch of points in the first few months of card usage. These often come with substantial minimum spends.
Some cashback credit cards offer an enticing range of cash rebates or gifts, e.g. $200-300 Cashback upon eligible spend within the qualifying period.
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