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What are the best, fastest ways to hack Asia Miles efficiently?
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Cedric Jamie Soh
23 Dec 2019
Director at Seniorcare.com.sg
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Elijah Lee
23 Dec 2019
Senior Financial Services Manager at Phillip Securities (Jurong East)
Just be efficient in your daily spending and maximise those 4mpd deals. Keep your miles at the bank's end so that you can transfer them when needed. This should apply for your daily spend. Majority of cards support AM transfer so just make sure you have a card that can. Some banks don't have AM as a transfer partner.
When you have big planned expenditures coming up, look at sign up bonuses. For example, a wedding downpayment or a renovation will usually require a significant amount of spend. At this point, sign up bonuses offer a good way to boost your balance.
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The fastest way is definitely through gaining sign-up bonuses. I would recommend staying up to date with all the sign-up bonus that are on offer, especially to new-to-bank customers. You can keep track of them either via:
SingSaver or MoneySmart. They regularly share sign-up bonus from the various banks, say $250 for signing up for a Citibank card as a new-to-bank customer.
Milelion Roar telegram broadcast channel (https://t.me/milelionroars). They post all (I think?) promotions almost in real time, as well as compile a Weekly Deal Summary to ensure you do not miss out on any promotion. Best of all, it is a channel so no spams! Only the best stuff shared there
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Bjorn Ng
22 Dec 2019
Business Analyst at 10x Capital
Sign up bonuses. That is the best and quickest way to earn miles quick. When travelling, use your miles card to pay as generally they give pretty competitive rates (some even better than cashback). Otherwise, all miles would just be the general kind (about 1.2mpd for local spend).
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Try to get x card sign up bonus - AM is valid for transfer. Another one is Citi PM...
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Sign up bonus!
Go milelion and search for sign up bonus for new credit card. Use the new credit card, pay and cross the lump sum payment needed for the extra miles bonus!
These bonus are better than any existing cards' mile for $. (of course, they are trying to entice new customers to jump ship to them)
For existing credit card, find their preferred manner in gaining points. For example, some cards give extra bonus for overseas spending, some give it for online spending.
UOB Preferred Platinum gives a good bonus for online spending of SGD.βββ