Anonymous
Currently paying insurance premiums using MasterCard credit card via AXS. Recently, it seems that AXS transactions are not eligible for credit card benefits (cashback, miles, etc). As premiums can be a relatively significant amount, what is the best way to reap maximum benefits from such transactions?
5
Discussion (5)
Learn how to style your text
Reply
Save
Henry Hoe Yong Zhi
19 Mar 2019
Music & Audio Technology at Singapore Polytechnic
As long anything that requires to be paid can be paid with a credit card, charge it since there is no incentive to pay with cash.
Reply
Save
Use internet banking and add the insurance biller and pay with credit card....
Read 2 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
4.2
168 Reviews
Standard Chartered Simply Cash Credit Card
Up to 1.5% on eligible spend
CASHBACK
Unlimited
CASHBACK CAP
$30,000
MINIMUM ANNUAL INCOME
4.3
96 Reviews
4.1
158 Reviews
Related Posts
With the roll out of Grabpay mastercard,
you could use this hack to get more cashback from your UOB one card:
(note: Grab does not award points for cardup transaction)
depedning on your premium amount and how much more money you require to hit the next tier, you could:
(check your UOB One card e-statement to see when is your qualifying quarter)
Top-up your Grabpay wallet (premium amount*1.026), split this over 6 months (or 2 quarters) before your premium due date
change your premium payment frequency to (bi-annually/every 6 months) and split your grabpay top ups over 2 quarters. (note: increase payment freq may mean a higher overall increase in premium amount by about 2-3%)
too bad NTUC income does not accept Cardup or Ipaymy
This depends on whether you want to shift your cashback tier from:
$500 to $1000 (additional $50 cashback per quafter, excluding The extra 5% off from grab transaction)
$1000 to $2000 tierāāā