Collecting miles in the form of credit card points is an obsession - you've seen the articles I have written and if you know me personally, I barely use cash at all (unless the merchant doesn't accept credit cards - in which case I will probably walk away). Despite all the ridiculously bad service that I have gotten from UOB recently, I still use their cards religiously because it allows me to earn up to 10UNI$ per S$5 - this is equivalent to 20 miles per S$5.
Redeeming your UOB UNI$ for KrisFlyer (or Asia) Miles is pretty fuss-free so long you have pre-completed the enrolment form (you only need to do this once). Do note that there is a S$25 surcharge each time you convert your UOB UNI$ to one of these mile options - you can only convert in blocks of UNI$5,000 (equivalent to 10,000 miles). If you are lucky (read: wealthy) enough to be a Privilege Banking or Reserve account member, this S$25 charge will be waived. What's interesting with the redemptions however are the options above the miles and before I go any further here's a quick summary of it: don't even bother.
If I had to pick the worst redemption in the table above, it would undoubtedly have to be the 'Jetstar S$50 eVoucher' for UNI$4,000. Firstly, redeeming an eVoucher on Jetstar means you have to make the complete the rest of the purchase (assuming there is a balance) online - this implies that you will have to pay the ridiculous administrative charges for opting for a credit card payment. More importantly, UNI$4,000 is equivalent to 8,000 miles. For the sake of an example, compare the following two situations where you redeem for either:
- S$250 Jetstar eVoucher for UNI$20,000
- 40,000 KrisFlyer Miles for UNI$20,000 + S$25 Administrative Fee
The first option seems to be pretty lucrative but did you know that you can easily offset any purchase on Singapore Air with KrisFlyer Miles at a rate of 1,000 Miles = S$10? 40,000 KrisFlyer Miles would therefore be worth S$400 on purchases made on Singapore Air - you will continue to earn elite qualifying miles on these flights. More importantly, 40,000 KrisFlyer miles is more than sufficient for a one-way flight from Singapore to Tokyo on Business Class. Assuming you do the redemption online, you will only require 34,000 KrisFlyer Miles and S$34 (at the time of writing) - this flight would have costed you S$3,364 otherwise.
Would you rather spend 20,000 UNI$ on S$250 eVoucher on Jetstar or would you rather pay S$59 (S$34+S$25) to get a complimentary business class flight from Singapore to Tokyo with 6,000 KrisFlyer miles to spare?
Getting from Tokyo to Hakone is incredibly easy but if you do decide to travel on the Romancecars, make sure you plan early to get one of the highly sought-after seats (which are priced the same). Hakone is beautiful and it is usually recommended for you to stay at least one night to fully experience the beauty of this place. With that being said, it is also highly possible for you to complete most of the major sights in a day and this guide will show you exactly how!
The Le Club AccorHotels loyalty program went through some changes earlier this year and like I have mentioned multiple times before, the points that you accrue on this program will essentially offset your future stays - there is no fixed rate of redemption for rooms but the points have a fixed value that is tied to the Euro currency (2,000 Le Club AccorHotels Points = €40).
The ANZ Travel Visa Signature Credit Card was one of my favourite credit cards in Singapore when I first starting working - it once offered complimentary and unlimited lounge access, limousine transfer after spending a reasonable amount and paying the annual fees (S$200) for 10,000 miles seem to be pretty reasonable. Starting from 01 April 2017 however, the ANZ Travel Visa Signature Credit Card will no longer offer lounge access (yes not even the horrible DragonPass Airport lounge access) and there will no longer be anymore renewal miles when you pay the annual fee - how is this even a travel card anymore?!
When I wrote about the OCBC VOYAGE Card last month, I mentioned that cardholders will have access to a dedicated concierge that can assist you in making restaurant reservations, travel itinerary planning and also provide to you a range of other services (so long it is legal!) that cardholders like myself can enjoy. One of the feedback that I have gotten from that article was that the Visa Infinite brand itself has a concierge that cardholders can benefit from - as such, I felt the desperate need to basically compare both the Visa Infinite Concierge and the VOYAGE Exchange (private concierge service for OCBC VOYAGE Card) to find out whether or not the higher annual fee (after factoring in the value of renewal miles) is justified.
Receive up to 40% bonus Mileage Plan miles when you purchase at least 30,000 miles before 06 April 2017. There are some sweet spots on using Alaska Airlines Mileage Plan miles and if you live in Asia and wish to check out the business cabin on Japan Airlines, you can do so for just US$670 (approx S$945). Read on to find out how you can get up to 17 hours worth of flight time by redeeming the Mileage Plan miles on Japan Airlines.
KrisFlyer has just announced some important changes that will be happening on redemption and redemption upgrade bookings that are ticketed from 23 March 2017 onwards. While the changes seem to be a devaluation of KrisFlyer miles, travellers may be able to gain some out of these changes on short-haul flights and those with high YQ surcharges. Read on to find out what are the upcoming changes and how will they affect you as a whole.
The OCBC 360 Account is a dream account that every young adult should have. When it was first launched in Singapore back in 2014, it offered the best interest rate on any savings plan that was available at that time. Ever since then, the OCBC 360 Account has been given a refresh and other banks have started launching competing products (e.g. UOB One Account) which in my opinion, are inferior of OCBC's longstanding savings account. There are a number of changes to the OCBC 360 Account that will be effective from 01 April 2017 so make sure you read though them thoroughly before deciding whether the product is still a good fit for your spending habits and banking goals.
I have written a number of articles on which credit card to get in Singapore in order to maximise miles accrual and I have always deliberately excluded the HSBC Advance Visa Platinum Credit Card because of the conditions required to get this card (it is not just about the annual income requirement). More importantly, the 10X HSBC Rewards Points promotion was supposed to end last year but it has been extended until 31 March 2017.
Having the right credit card in Singapore is extremely important if you travel quite a bit - it can help you rake up significant miles which you can use for free premium cabin travel and some of the credit cards actually have tangible travel benefits like free airport lounge access and limousine transfer amongst other things. There are two main types of credit cards in Singapore that offer complimentary airport lounge access - one requires a minimum spend and one does not. Check out my summary of credit cards in Singapore that offer complimentary lounge access below!
The OCBC VOYAGE Card allows you to earn up to 2.3 VOYAGE Miles (redeemable for KrisFlyer Miles) per S$1 and it offers some pretty impressive benefits like a personal concierge service, unlimited access to Plaza Premium Lounges and other Visa Infinite perks. Is this card worth its S$488 annual fee? Find out everything you need to know about maximising the benefits on the OCBC VOYAGE Card.