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MileLion

Payments

Credit Cards

Cashback

I'm a working adult in my 30s and have never owned a credit card. I now realise the usefulness and benefits and would like to take the first step. Can anyone recommend 2 cards and why?
Hi anon, There are two types of cards out there, those that reward cashback, and those that reward miles. You should decide which camp you wish to be in. It's not impossible to be in both, but it's probably not very efficient either. I find that cashback, while simple to understand, is just that. A rebate of some form. Miles actually presents a kind of game that's easy to pick up but difficult to master. Cashback, you spend, you get cash back. Done. Sometimes, you don't get a lot due to the lack of your minimum spend. Sometimes you get a lot, but then you get capped at the maximum possible cashback awarded that month. Miles, you spend, you get your miles. No matter how much you spend, a little or a lot. You are usually not capped on how many miles you can earn. I am not a cashback person, so from my point of view, I'll only be able to suggest 2 cards for miles. You can consider the DBS Altitude or Citi PremierMiles. Both cards give a decent rate of 1.2 miles per dollar (mpd) on general spend. You'll also want to examine your expenditure patterns and get a card that awards more on bonus spending such as dining. Such cards award 4mpd. Check out this link for more information: https://milelion.com/credit-cards/guide/ For cashback, if you really wanted a card, just pick any card that has unlimited cashback with no caps, and another which has bonus cashback upon a certain minimum spend (but you should only spend up to that amount, and then put the rest on the other cashback card). SCB Unlimited Cashback/AMEX Truecash back should be your general cashback card, but for the specialised/bonus cashback card, you will have to do a bit of research.
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Credit Cards

MileLion

Citibank

Has anyone had their Citi Premiermiles card approved recently? Applied to get the SingSaver AirPods Pro promotion, and it's been 2+ weeks waiting for approval. Does Citi always take this long?
Jennifer Franslay
Jennifer Franslay
Level 4. Prodigy
Answered 4d ago
I applied earlier this month for the Singsaver $200 cashback via paynow! My application was approved within 3 working days and I received my card within a week after approval. :) Have yet to receive the $200 though haha, will update when it's in
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MileLion

Miles

Cashback

DBS Altitude Visa Signature Card

AMEX Singapore Airlines KrisFlyer Credit Card

Standard Chartered Unlimited Cashback Credit Card

OCBC 90 Degrees N Credit Card

Which card should I use to maximize rewards for Thomson Medical Centre bill?
Lok Yang Teng
Lok Yang Teng
Top Contributor

Top Contributor (Apr)

Level 9. God of Wisdom
Answered 2w ago
You can use OCBC 90N to earn miles for transactions in private hospitals since they are excluded in June's admenment of the card's terms and conditions. For OCBC Titanium, the terms and conditions for the card explicity states what are considered eligible spending catergories for the 10x OCBC$ Reward. All other retail spend will earn 1 OCBC$ which is equivalent to roughly 0.4 mile. If that's the case, 90N would be a better choice since it gives 1.2miles per $1 (local) spend, which is 3x more. https://seedly.sg/questions/what-is-the-mcc-code-for-thomson-medical-centre-is-it-good-to-pay-with-ocbc-90n-any-advice
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Miles

MileLion

Credit Cards

OCBC 90 Degrees N Credit Card

What is the MCC Code for Thomson Medical Centre? Is it good to pay with OCBC 90N? Any advice?
Lok Yang Teng
Lok Yang Teng
Top Contributor

Top Contributor (Apr)

Level 9. God of Wisdom
Answered 2w ago
TMC has MCC 8062 like others, but it is a private hospital. 1.6.2 did not exclude private hospitals, else it would have stated all under MCC 8062, hence you should still be able to earn miles with OCBC 90N. You can take a look at a related article here.
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MileLion

Citi PremierMiles Visa Card

UOB PRVI Miles Card

DBS Altitude Visa Signature Card

Miles

Credit Cards

OCBC 90 Degrees N Credit Card

Does the new DBS Altitude promotion give it the edge against other lifestyle cards like the CitiPM, OCBC 90 Degrees Card and UOB PRVI Miles card?
pat
pat
Level 7. Grand Master
Answered on 10 Feb 2020
Yes, promotion miles are promotion miles. if you can meet the requirement for the promotion, go for it.
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OCBC 365 Credit Card

MileLion

OCBC 360 Account

Credit Cards

OCBC 90 Degrees N Credit Card

Should I cancel my ocbc 365 CC and sign up for ocbc 90°N CC to hit my ocbc 360 credit card spending?
Hi anon, Don't let the bonus interest on the OCBC 360 account guide your decisions. Your spending should be driven by your needs, and not your desire to earn more interest. You earn bonus interest because you have to buy something and put it on your card, not the other way round. With that in mind, if you have a difficult time meeting the minimum spend of $800, then I highly recommend that you take the OCBC 90N card, since that will reward you with miles from the first dollar. You'll have to want to be involved in the miles game though, or the card may not make too much sense for you.
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Grab

Miles

MileLion

Credit Cards

OCBC 90 Degrees N Credit Card

Can I choose to get cashback instead of miles for the OCBC 90N Card? And is Grab top-up or public transportation considered as local spend?
Hi John, By converting your Travel$ to cashback, you are effectively getting a value of 1.2cents per mile. If you opted for a cashback card, you can easily find 1.5% cashback cards with no cap. Miles have far more value in redeeming J/F, so please go with that instead, if not you should not be considering signing up for the 90N. Local spend is any spend that posted in Singapore Dollars. Whether or not they qualify for the rewards (i.e. the travel $) is another matter entirely. Travel$ is not awarded on the following: all card fees and charges, card annual fees, membership fees, renewal fees, Balance Transfer and charges incurred for any Balance Transfer facility, Cash-on-Instalment facility and charges incurred for any Cash-onInstalment facility, Instalment Payment Plan, Extended Payment Plan, Income Tax payment, interest, late payment charges, Goods and services tax, Cash Advances, bill payments made via Internet Banking, bill payments made via AXS and other fees and charges. Travel$ is also not awarded for the following: - Charitable/ religious organizations (MCC: 8398, 8661) - Real estate agents and managers (MCC: 6513) - Utilities (MCC: 4900) - Trading Platforms (MCC: 6211, 6051) - Government institutions and services (MCC: 9399, 9211, 9222, 9223, 9311, 9402 and 9405) - Insurance Underwriting, Premiums (MCC: 6300, 6399, 5960) - Prepaid accounts/ prepaid card (MCC: 6540) - Education (MCC: 8211, 8220, 8241, 8244, 8249, 8299) - Gambling (MCC 7995) - Parking Lots, Parking Meters and Garages (MCC: 7523) - Nondurable Goods (MCC 5199) - Wire Transfer Money Orders (WTMOs) (MCC 4829) - Financial Institutions – Merchandise, Services, and Debt Repayment (MCC 6012) - Political Organizations (MCC 8651) - Banks - Manual Cash disbursement/Automated Cash Disbursement (MCC 6010, 6012)
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MileLion

Credit Cards

OCBC 90 Degrees N Credit Card

What are your thoughts on OCBC 90N?
Wallace Chai
Wallace Chai
Level 9. God of Wisdom
Answered on 12 Dec 2019
Great card! If you going to get it, make sure dont miss out the promotion period where you can get 4miles for every dollar spend in overseas until 29 feb 2020. Good to use for travelling during coming CNY overseas trip i think. Then spending on travel booking hotel website like agoda and expedia via OCBC link will give you 8miles per dollar spend with no cap! Booking for flight ticket SQ, SCoot, Silkair, aisasia also can give you 4miles per dollar spend before 29 feb 2020. What's more? Miles never expire so you can earn them for as long as you like. Drawback is no lounge benefits.
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MileLion

Miles

Cashback

SG Budget Babe

Citi PremierMiles Visa Card

Citi Cash Back Card

Credit Cards

OCBC 90 Degrees N Credit Card

What would be a good credit card to use at IKEA?
If I have a bank account with a requirement to spend on credit card for bonus interest, I would use that first to meet minimum spend. After that, no specific card comes to mind, so just use a general spending card, regardless of cashback or miles. For cashback, try to use one with low requirements for the cashback criteria, and if you max out the cashback cap on that, then use a cashback card with unlimited cashback. For miles, (I may be wrong), one used to be able to pick up IKEA gift cards and use a card with 4mpd on online shopping to earn. Not quite sure if this is still possible though. Then use the IKEA gift cards to pay off your purchases. If this isn't possible, then it's back to a general spending card. However, is there a reason why you are frequently going to IKEA? Furniture is build to last years, unless you are going there to eat at their cafe?
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OCBC

Miles

Shopping

Lifestyle

MileLion

Credit Cards

OCBC 90 Degrees N Credit Card

How does the new OCBC 90°N credit card foreign fees work?
Your understanding is correct. You may pay fx fees, but in exchange the bank rewards you with miles. So in a sense, you are paying the fx fees (or any other fee really, for that matter). Once you know your fx fees, you can then judge how much you paid per mile obtained. Thus if your cost is lower than your threshold to buy miles, it is ok to just pay with the card, forsaking the outright cost savings by paying in cash in exchange for miles.
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