Which credit card is best for recurring bill payments? - Seedly
 

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Asked by Cally Chua

Asked on 02 Dec 2019

Which credit card is best for recurring bill payments?

Which credit card should I consider for recurring bills? is it more worth it to go for cashback or miles for recurring payments?

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Eveline Lau
Eveline Lau
Level 6. Master
Answered on 03 Dec 2019

If you're banking with UOB, UOB One would be a good option. Having recurring bills charged to your UOB One credit card helps to secure as much consistent monthly spending as possible so that you don't need to have a high variable spending just to meet the spending tiers of $500, $1000 and $1500.

Otherwise if you can spend minimally $800 a month, you can consider OCBC 365. Recurring payment for telco and electricity gives you a 3% cashback, which is pretty good. Other spendings e.g. dining has higher cashback of 6%.

If you're looking for a no-minimum-spending / fuss-free credit card, you can go for HSBC Advance, Standard Chartered Unlimited or AMEX True Cashback, which all give 1.5% cashback without minimum spending.

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Mudit Mittal
Mudit Mittal
Level 4. Prodigy
Answered on 03 Dec 2019

I would prefer to use cashback cards for recurring bill payments such as SC Unlimited or Amex True Cashback Card.

For your information, SP Services are now accepting Amex, MasterCard & VISA Cards issued by any bank.

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Hwee Kian
Hwee Kian
Level 7. Grand Master
Answered on 04 Dec 2019

I think the UOB one card + Grabpay combi is one of the best to earn 8.33% interest.

So for recurring bills, you can use AXS mobile to pay using grabpay, topup your grabpay using UOB One card.

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Choon Yuan Chan
Choon Yuan Chan
Top Contributor

Top Contributor (Dec)

Level 9. God of Wisdom
Answered on 03 Dec 2019

UOB One card has a tie up with Grabpay which grants you 8.33% if you spend $500 monthly.

I will seriously advise you to use grabypay to pay your recurring bills via AXS mobile app to enjoy this 8.33% cashback.

To do so, first link your UOB one card with your grab account to top up. And when your bill is due, simply log into AXS mobile app and pay via Grabpay

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SW
Say Wai
Level 5. Genius
Answered on 03 Dec 2019

Since we are on Milelion community, I'll only address the miles part :)

On recurring payments, some payments on telcos websites on certain cards (e.g. Citibank Rewards, DBS WWMC iirrc) can achieve 4mpd, hence I would put a bit more effort to earn this 4mpd instead of scheduling recurring payments.

Otherwise, if you really need to set up recurring payments, any generic miles card (e.g. UOB Prvi / Citibank premiermiles / DBS Altitude) will do fine. If I'm not wrong, utilities payment to Singapore Power is only supported by DBS cards.

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Mudit Mittal
Mudit Mittal

03 Dec 2019

Utilities payment to Singapore Power is now supported by AMEX, VISA & MasterCard issued by any bank. Thanks
Say Wai

03 Dec 2019

Thanks! Good to know!

It depends on whether you prefer cashback or miles.

For cashback, if you spend exactly $500, $1,000, or $2,000 monthly, then go for UOB One card. At up to 5% cashback, it is definitely one of the best cards to go for.

Alternatively, go for Standard Chartered Unlimited cashback cap. With no minimum spend and cap, it is definitely a very versatile card.

For miles, I will choose Citi Premier Miles since the miles never expire.

Of course, all the above works for most purposes. The actual card will depend on your breakdown.

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