8 Best Travel Credit Cards
The right travel credit card can give you serious savings. Read on to learn about the eight best travel credit cards.
Credit where credit’s due, there are some great cards out there which can earn you superb travel rewards.Singaporeans love their plastic friends. Almost 8 million cards were in circulation in 2018. That means your average cardholder carries about six cards at any one time.
More than 60 million passengers pass through Singapore’s Changi airport every year. Travel incentives are therefore the obvious perk for credit card companies to entice their customers with.
But, how do you choose the travel credit cards that are right for you? We’re here to help.
Top Tips for Travel Credit Cards
Just before we bring you our choice of the best 8 travel cards, here are a few things to bear in mind.
The benefits you can get back from the card will normally outweigh the cost of the annual fee. Some cards may even offer a fee waiver, although always check you’ll get the full range of advantages with this option.
Be sure to pick a card that offers miles that can be used on the airlines you use most often.
Look to see if the card offers any of these key benefits:
- Points that can be transferred to miles or miles for free upgrades
- Free Hotel upgrades or free nights at hotels
- Travel insurance
- VIP Lounge Access
- Express Immigration
1. The HSBC Visa Infinite Credit Card
The benefits of this card look almost too good to be true. Having said that, the annual fee is high, from S$488 to S$650 and the card does come with one important string attached.
The cardholder has to have an income of at least S$120,000 a year or a minimum fixed deposit of S$30,000. If you can match that then you’re in for some treats.
The card offers a great 2.25 air miles for every S$1 spent. Travel insurance is also thrown in, with golfing included in the policy.
Complimentary limousine transfers are also up for grabs. ‘Fast track’ immigration clearance is another great benefit. If you travel regularly across Asia, you’ll be able to beat those queues. Both of these offers are dependent though on how much you spend on the card. There are hotel upgrades to be had and free green fees for golfers too.
2. American Express KrisFlyer Credit Card
Customers benefit from 1.1 KrisFlyer miles for every S$1 spent on eligible purchases. New customers receive a bonus of 5,000 KrisFlyer miles once the card is charged for the first time.
You will then receive 7,500 bonus KrisFlyer miles after spending S$3,000 on the card in the first three months. You’ll get the same amount of miles again in the subsequent three months for the same spend.
There are even more KrisFlyer miles when supplementary cards are taken out. And, you can also qualify for S$150 cash back on your next purchase at singaporeair.com.
3. Citi PremierMiles Visa Credit Card
This credit card offers both AirMiles and Reward points. It has a very low annual fee. You’ll receive 1.2 Citi Miles for every S$1 you spend locally. This increases to 2 Citi Miles for every S$1 spent abroad.
You can transfer Citi Miles to KrisFlyer Miles on a like for like basis. Your Citi Miles will also never expire. You could also turn your miles into cash with 1,400 Citi Miles giving a S$10 cash rebate.
There is complimentary lounge access on offer twice a year. You’ll also get free travel insurance and a host of discounts at hundreds of popular shopping outlets.
4. American Express KrisFlyer Ascend Credit Card
If you’re a frequent flyer on Singapore Airlines, then this card could be the one for you. It offers a great 2 KrisFlyer miles for every S$1.20 spent.
You’ll get a welcome bonus of 5,000 KrisFlyer miles after your first spend. Then you can receive a special boost of up to 30,000 KrisFlyer miles during your first six months of membership. This will depend on how much you spend.
There are also 4 complimentary airport lounge visits per year, plus an offer for a free night’s hotel stay. You also could gain an accelerated upgrade to KrisFlyer Elite Gold membership tier with the right spend.
5. The UOB PRVI Credit Card
This card offers an amazing Miles earning ratio. You’ll earn 4 miles for every S$1 spent abroad or 1.4 miles for every S$1 spent in Singapore.
You can also earn 6 miles for every S$1 spent with major airlines and on hotels booked through Expedia, Agoda, and UOB travel. You will also receive free travel insurance and a welcome miles bonus.
6. The DBS Altitude Credit Card
This great credit card offers 3 miles for every S$1 spent on online flight & hotel transactions. This offer applies to spends of up to S$5,000 each month.
You’ll also receive 2 miles for every S$1 spent overseas in a foreign currency. There are 1.2 miles per S$1 spent locally. Air miles never expire and bonus air miles are given depending on your annual spend.
7. The HSBC Revolution Credit Card
With this card, you’ll get 5 Rewards per S$1 spent on dining, entertainment, and online purchases. This is equivalent to 2 miles for every S$1 spent. You’ll earn 1 Rewards point with every S$1 you spend on all other transactions.
There’s a gift incentive of Samsonite luggage for new applicants. There are also a host of other travel, hotel and dining privileges that come with the card.
8. Standard Chartered Infinite Credit Card
The annual fee is high but you will be able to earn up to 3 miles per S$1 spent. You can also enjoy a bonus of 35,000 miles when you sign up.
There’s also complimentary travel insurance available. To qualify, you must charge your complete travel fares to your card before you go overseas.
You’ll also receive up to six complimentary visits with your loved ones each year. This is offered through the Priority Pass lounge programme and there is also a mountain of dining, hotel and travel incentives available too.
We’ve done the hard work for you. Now you’ve made your mind up so what are you waiting for?
Visit us and we’ll take you straight to the place where you can apply for one of our recommended travel credit cards. Soon you could be jetting off for a free and well-deserved break.