Should I get a Miles or Cashback card? What are some factors I should be considering?

First card should usually be a cashback for you to use first while you read up more and consider for miles card. This is because miles are a bit tricky (some cards has bonus for categories, some cards has more miles for first X mths etc etc), plus some cards has expiring miles, some miles are depreciating assets when airlines reduce the rewards etc etc.

my personal favourite mile card is Citi Premiermiles

2nd favourite is uob priv miles

All things said, have a basic cashback for all unknown situations then take your own sweet time to unded UOB One cards are good cashback cardsrstand miles.​​​

Time to choose your camp, miles vs cashback! Haha. Basically, if you like the thought of saving something all the way and claiming it one shot, that would be miles. Whereas for cashback, it's more of you getting returns every month consistently.

You could determine if you are someone who prefers instant gratification (cashback), or you prefer to gain greater value over time (miles). There isn't any right or wrong option to this, but it boils down to which you prefer.

It would be good to have a cashback card for a start to better study your expenses pattern, followed by applying for a miles card if you prefer.

All the best!

It depends on your needs and spending.

If you love travelling and don't mind delayed gratification, then go for miles card. Additionally, some miles cards allow you to pay for your purchases by using the miles (more often than not, it is not worth it). As as result, the card is highly specialised for travel usage.

On the other hand, if you prefer money and instant gratification, then go for cashback card. In essence, it works as simply as it should be - you spend money, and you receive a percentage back. As usual, the more you spend, the more cashback you get in return as well (not just limited to miles card).

Personally, I rank cashback over miles (despite the fact that I travel quite a bit). And I own both cards (cashback and miles) as part of my budgeting and accounting - each card serves different purposes.

Here is everything about me and what I do best.