Updated Our Credit Card Strategy for 2024

Even though much has changed over the past 6 months, there are still some great opportunities to earn miles with your credit cards in Singapore.

Over the past half a year, a lot has changed in the points and miles world. We’ve seen plenty of bonus spending limit cuts, the end of the 6 mpd earning glory and even significant bonus category cuts. 

With so many changes happening, our credit card strategy to earn airline miles has naturally changed going into the second half of the year.

These are the cards that we use as our points earners. On top of these, we also own cards for other benefits, primarily for airport lounge access. To learn more about them, check out our guide here.

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We publish our strategy at the start of every year (except for this version). Check out our past versions here to see what has changed over the years.

2024 Miles Credit Cards Strategy

2023 Miles Credit Cards Strategy

Before signing up for any cards, make sure to check out the latest credit card sign-up bonuses to ensure that you’re maximising any potential rewards.

UOB Preferred Platinum

The UOB Preferred Platinum Visa Card in Singapore
Miles Earn Rate4 mpd
Monthly Spending LimitsS$1,110 per calendar month
Bonus CategoriesContactless, online shopping and entertainment
Annual FeeS$196.20 (w/ 9% GST), typically waivable
Full ReviewApply Here

Even though the UOB Preferred Platinum is known to be a very good card, we have not needed to use it as we’ve had alternatives. However, given the recent changes, the UOB Preferred Platinum Card has quickly become our main workhorse to earn credit card points and miles. 

The UOB Preferred Platinum Card earns 4 mpd on all mobile contactless payments up to S$1,100 every month. Note that you’ll only earn the bonus points when you pay with your phone and not the actual card itself. As contactless payment terminals are so prominent, this makes earning the bonus miles a very simple task to achieve.

Another big selling point for us is that the points earned from the UOB Preferred Platinum Card are pooled together with the points earned from the rest of your UOB Credit Cards. This is important for us as we fully took advantage of the 6 mpd promotion on the UOB Lady’s Cards last year and now have a healthy stash of UOB points waiting to be transferred.

UOB Lady’s / UOB Lady’s Solitaire

Miles Earn Rate4 mpd
Monthly Spending LimitsS$1,000 (Lady’s) / S$2,000 (Lady’s Solitaire)
Bonus CategoriesSelect 1 (Lady’s) or 2 (Lady’s Solitaire) spending categories for bonus miles earning.
Annual FeeS$196.20 (w/ 9% GST), typically waivable
Full ReviewApply Here

The UOB Lady’s Card is another one of our current favourites. The UOB Lady earns 4 mpd on 1 selected category up to S$1,000 every month while the Solitaire version earns 4 mpd on 2 selected categories up to S$2,000 every month. 

For us, we select the Travel and Dining options every quarter as those categories are our largest spending every month. As mentioned previously, the points earned from this card pool together with what we’ve earned from the UOB Preferred Platinum, make redemption and orphaning points less of a concern for us.

Citi Rewards

Miles Earn Rate4 mpd
Monthly Spending LimitsS$1,000
Bonus CategoriesOnline Purchases
Annual FeeS$196.20 (w/ 9% GST), typically waivable
Full ReviewApply Here

The Citi Rewards Mastercard is one of my favourite credit cards for many years now. It offers 4 mpd on almost all online purchases (excluding travel) which makes it very easy to rack up a ton of miles for our next business-class flight.

Citibank has one of the most airline transfer partners out of all the other banks in the market. It has some of our favourite frequent flyer programs like the EVA Air MileageLands, Turkish Miles & Smiles and British Airways Avios which are not available from other banks. This gives us a lot more flexibility in making our flight redemptions.

In addition, the Citibank Rewards Mastercard is one of the only 2 remaining credit cards that can be paired with the Instarem Amaze Card (more below). This supercharges our miles-earning capabilities especially when we’re traveling overseas or paying for foreign currency purchases online.

The biggest downside of the card would be its S$1,000 monthly bonus miles earning limit, but it’s not that bad for us given that both M and I have one card each, effectively doubling our monthly bonus miles limit.

Instarem Amaze Card

Full ReviewApply Here

The Instarem Amaze and Citi Rewards are an unmatchable pair, allowing us to convert all offline spending to online spending. In addition, the Amaze Card also lets us circumvent the hefty ~3% foreign transaction fee whenever we’re spending with our credit cards overseas (although it has a ~2% spread). 

This has been our go-to combination for the past couple of years and will continue to be as long as we can continue to convert offline to online purchases through the Amaze card.

DBS Woman’s World Mastercard

Miles Earn Rate4 mpd
Monthly Spending LimitsS$1,500
Bonus CategoriesOnline Purchases
Annual FeeS$196.20 (w/ 9% GST), typically waivable
Full ReviewApply Here

The DBS Woman’s World Card is our catch-all online spending card. Our favourite feature of it is that it offers 4 mpd on almost all online spending categories including Apple Pay. Even though its monthly bonus limit was reduced from S$2,000 to S$1,500, the card still comes in useful especially when we have large online purchases to do for the month. 

The main downside to this card would be its short DBS points expiry of 1 year and that DBS only has 3 Airline transfer partners (Singapore Airlines KrisFlyer, Cathay Pacific AsiaMiles, AirAsia).

Therefore, we will always try to maximise our use of the other cards for online spending before using the DBS Woman’s World Card.

DBS Altitude

Miles Earn Rate1.3 mpd (local), 2.2 mpd (overseas)
Annual FeeS$196.20 (w/ 9% GST), typically waivable
Full ReviewApply Here

The DBS Altitude Card remains our final general spending card, earning a simple 1.3 mpd on all local spending. The points earned from this card never expire and pools with the points earned from other DBS credit cards.

We only really use this card when we’re spending on something that doesn’t fit the other spending categories which is rare. In addition, the DBS Altitude also provides 2 complimentary visits to airport lounges every year which always comes in handy.

Final Thoughts

The credit card landscape in Singapore has changed a lot in the first half of 2024, mostly negatively.

A notable change from the previous instalment is the removal of the HSBC Revolution Card. Although we still use it occasionally, this is not a card that we actively use in our day-to-day lives, given all the changes that it has undergone over the past few months.

Outside of this change, the overall setup remains mostly similar. Here is a list of our favourite credit cards to get complimentary airport lounge access. Fingers crossed, we hope that there will be fewer negative changes coming to these cards in the next couple of months.

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