A brief look at the numerous sign-up bonuses being offered by travel credit cards from different banks this New Year.
BankBazaar Singapore – January 20, 2018
Singapore: Many credit card providers that offer air miles credit cards are giving new customers additional air miles as joining perks. Let us take a look at some of these credit cards and the bonuses they are offering:
Citi PremierMiles Visa Card
With the Citi PremierMiles Visa Card, you have the opportunity to earn up to 42,000 miles when you apply for the card and spend a particular amount using the card. The sign-up bonus works in the following manner:
- You will at least get 15,000 miles if you apply and spend any amount within three months of purchasing the card.
- You will get 15,000 miles more if you spend a sum of S$10,000 within the first three months of getting the card.
- You will earn at least 12,000 miles more based on 1.2 miles per dollar spent locally with an expenditure of S$10,000.
All these add up to 42,000 miles. However, you will get these miles only if you agree to pay the annual fee for the first-year. You can have your first-year annual fee waived if you wish not to get these air miles. However, this offer is valid only until 28 February 2018.
UOB PRVI Miles Card
With UOB PRVI Miles Card, you will get the following bonus when you sign up for the card:
- If you are among the first 400 successful applicants who have spent S$600 within 30 days of the approval of the card, you will get a S$80 cashback. However, this offer is applicable only until 28 February 2018.
American Express Singapore Airlines Krisflyer and Krisflyer Ascend Card
With American Express Krisflyer and Krisflyer Ascend Cards, you will get the following bonus, when you sign up for the card:
- Your first-year annual fee is waived.
- You will receive 5,000 KrisFlyer miles as welcome bonus the first time you use your card.
- Enjoy a staycation at Oasia Hotel Novena for just S$25. However, you will have to be among the first 500 members and the offer is valid only until 31 January 2018.
- If you buy the My VoyageGuard Travel Insurance Essential plan, you will get a discount of S$110 when you use your credit card online.
- You will earn 7,500 sign-up bonus KrisFlyer miles if you shop worth S$2,500 in the first three months upon the approval of American Express Krisflyer Card. With American Express Krisflyer Ascend Card you will get 15,000 bonus KrisFlyer miles if you shop worth S$6,000 in the first three months upon the approval of the card. To be eligible for the bonus miles, you will have to apply for it on or before 31 March 2018.
- You will earn 2,750 Krisflyer miles as sign-up bonus when you shop worth S$2,500, based on 1.1 KrisFlyer miles per dollar spent locally with the American Express Krisflyer Card. With the American Express Krisflyer Ascend Card, you will get 7,200 KrisFlyer miles when you shop worth S$6,000 based on 1.2 KrisFlyer miles per dollar spent locally. To be eligible for the bonus miles, you will have to apply for it on or before 31 March 2018.
You will, however, be eligible for these welcome bonuses only if you are applying for an American Express card for the first time and do not hold any other co-branded American Express card.