I recently graduated (just 2 years ago) and this would be my recommendation.
I started off with cashback cards, but those with high % rebate have a min spend and cashback cap. Hence, I increasingly felt that I was pressured to spend $600-$1000 a month just to keep the cashback %. When I buy a large item (e.g. Laptop), it surpasses the cap and I don't receive cashback for the additional spending. In the past year, I switched to miles cards and cashback cards with no min. spend, and never felt better.
For online spending, the Citi Rewards MasterCard is my go to card which I recommend. It provides you with 4 miles per dollar, which is the same as an 8% discount (valuing 1 mile at 2 cents) in majority of the online stores. You can shop on Shopee, subscribe to Netflix or Spotify, pay for Telco bills and earn the rewards.
These miles have a validity of five years, so you will have sufficient time to redeem them. In just a year, I have already managed to get enough miles through my credit cards to redeem a business class round trip to Japan!
To add to the 4 miles per dollar, you can obtain 30,000 Citi ThankYou points (equivalent to $240) when you sign up using this link and spend $3000 in the first 3 months!
For offline spending, you can consider the Citi Cashback+ Card (4.5% for first 3 months, 1.6% thereafter, which has no min spend) or Citi Cashback Card (8% cashback, min. $800 spending) specifically for months with high spend.
For additional discounts, I also have an AMEX Krisflyer Blue card. This credit card is perfect for those that want to get the best deal when it comes to discounts way higher than a normal cashback/miles card. In less than 1 year, I managed to snag deals like 50% off dining at Pan Pacific, 13.3% Cashback on Contactless Payment, 25% off Sheng Shiong.
With the Amex Krisflyer Blue, you will also obtain up to 13,300 KrisFlyer miles and $200 statement credit if you sign up using this link and spend more than $3000 in the first three months.
I recently graduated (just 2 years ago) and this would be my recommendation.
I started off with cashback cards, but those with high % rebate have a min spend and cashback cap. Hence, I increasingly felt that I was pressured to spend $600-$1000 a month just to keep the cashback %. When I buy a large item (e.g. Laptop), it surpasses the cap and I don't receive cashback for the additional spending. In the past year, I switched to miles cards and cashback cards with no min. spend, and never felt better.
For online spending, the Citi Rewards MasterCard is my go to card which I recommend. It provides you with 4 miles per dollar, which is the same as an 8% discount (valuing 1 mile at 2 cents) in majority of the online stores. You can shop on Shopee, subscribe to Netflix or Spotify, pay for Telco bills and earn the rewards.
These miles have a validity of five years, so you will have sufficient time to redeem them. In just a year, I have already managed to get enough miles through my credit cards to redeem a business class round trip to Japan!
To add to the 4 miles per dollar, you can obtain 30,000 Citi ThankYou points (equivalent to $240) when you sign up using this link and spend $3000 in the first 3 months!
For offline spending, you can consider the Citi Cashback+ Card (4.5% for first 3 months, 1.6% thereafter, which has no min spend) or Citi Cashback Card (8% cashback, min. $800 spending) specifically for months with high spend.
For additional discounts, I also have an AMEX Krisflyer Blue card. This credit card is perfect for those that want to get the best deal when it comes to discounts way higher than a normal cashback/miles card. In less than 1 year, I managed to snag deals like 50% off dining at Pan Pacific, 13.3% Cashback on Contactless Payment, 25% off Sheng Shiong.
With the Amex Krisflyer Blue, you will also obtain up to 13,300 KrisFlyer miles and $200 statement credit if you sign up using this link and spend more than $3000 in the first three months.