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
HSBC Visa Infinite Credit Card
HSBC Infinite Credit Card
This isn’t a card for everyone, in fact, this card is only for the exclusive few. The HSBC Infinite credit card comes with a whole world of travel, dining, golf and hotel privileges, that are specifically tailored for the true frequent flyer. These privilege and exclusive benefits all come with strict eligibility criteria and applicants must have a minimum annual income of S$120,000 or a minimum fixed deposit of S$30,000 is required to be maintained with HSBC until account closure.
Pro’s of HSBC Infinite Card:
- Limousine transfers and expedited immigration clearance, with 1 complimentary limousine transfer and 1 expedited immigration clearance with every S$2,000 spent on eligible purchases in a month, up to 24 times each in a calendar year.
- Complimentary Travel Insurance, with coverage for over 20 benefits of up to US$2,000,000 when you charge the full travel expense to your HSBC Visa Infinite card.
- A superior earn rate of up to 2.25 air miles for every S$1 spent.
- Complimentary room upgrades and preferential rates and Complimentary green fees and worldwide golfers’ insurance of up to S$500,000.
Con’s of HSBC Infinite Card:
- High minimum annual income of S$120,000 criteria.
- High annual card fee of S$650 (inclusive of GST), however, this is reduced to S$488 for HSBC Premier customers (inclusive of GST).
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
American Express KrisFlyer Credit Card
American Express KrisFlyer Credit Card
When it comes to travelling, it’s important to have the right travel credit card to ensure you’re getting the most from your overseas and local spending. This can take the form of reward points, cashback or as the American Express KrisFlyer card provides, AirMiles! Customers enjoy 1.1 KrisFlyer miles for every S$1 spent on all your eligible purchases and earn 2 KrisFlyer miles for every S$1 equivalent in foreign currency spent overseas on eligible purchases during June and December. Plus new customers receive a bonus of 5,000 KrisFlyer miles the very first time you charge to your new card.
Pro’s of American Express KrisFlyer Card:
- Purchase your travel tickets with your American Express card and receive free Travel Inconvenience & Travel Accident Benefits of up to S$350,000.
- Enjoy hassle-free conversion as all KrisFlyer miles earned with the American Express which are conveniently credited directly into your KrisFlyer account.
- Earn 2 KrisFlyer miles for every S$1 spent on eligible purchases made on singaporeair.com, SingaporeAir App, silkair.com, KrisShop and at SilkAir SkyShop, both in-flight and online.
Con’s of American Express KrisFlyer Card:
- Miles are effortlessly transferred to your KrisFlyer account with no admin fee, but this means they start to expire.
- Some other travel cards offer a higher S$1 to Miles ratio, but potential hidden fees apply, so do your research.
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
Citibank PremierMiles Credit Card
Citibank PremierMiles VISA Credit Card
If you’re looking for a credit card that gives you AirMiles and Reward points, then you can’t go wrong with the Citi PremierMiles Card. With a modest 1.2 Citi Miles for every S$1 spend locally and 2 Citi Miles for every S$1 spent overseas you can very quickly scale your Citi Reward Miles. Not only that but the transfer of Citi Miles to Krisflyer Miles is 1-for-1 and your Citi Miles NEVER EXPIRE. Although you do have to pay a minimal S$25 transfer fee. Lastly, you can turn your miles into cash with a cash rebate on any purchases of 1,400 Citi Miles = S$10 cash rebate (0.85% cashback on all purchases uncapped).
Pro’s of Citibank PremierMiles Card:
- 1-for-1 Citibank Miles to a wide range of airline AirMile programs, including KrisFlyer, Asia Miles, Executive Club, Etihad Guest, Qantas, Qatar and Flying Blue.
- Great reward point transfers on hotel loyalty programs of 1 Citi Mile = 1 IHG Rewards Club point and 1 Citi Mile = 1.5 Hilton Honours points.
- Collect and generate Citi Miles that NEVER EXPIRE, so you can enjoy your rewards when you choose!
- Up to 10% Citi Rebate at over 300 locations, including Starbucks, Subway and Sheng Siong.
Con’s of Citibank PremierMiles Card:
- The Citibank PremierMiles card is purely designed for travellers, so don’t expect a world of other privileges. Although you do get to enjoy VIP complimentary access to airport lounges, travel and accident insurance, as well as year-long VISA Signature Privileges
- Cardholders must spend S$7,500 within 3 months from the date of card approval to enjoy the welcome 30,000 miles bonus.
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
American Express KrisFlyer Ascend Card
American Express Ascend Credit Card
If you’re a fan of Singapore Airlines, you’ll be a fan of the American Express Ascend Credit Card. With a superior dollar to KrisFlyer miles earning rate and hassle-free conversions at no extra charge, the American Express Ascend card is one of the best travel cards in Singapore. What’s more, cardholders enjoy exclusive offers and miles bonuses all year round. So why not apply today and start earning at a rate of 1.2 miles for every S$1 spent on all eligible purchases. Furthermore, cardholders earn 2 KrisFlyer miles for every S$1 spent on eligible purchases made on singaporeair.com, SingaporeAir App, silkair.com, KrisShop and at SilkAir SkyShop, both in-flight and online.
Pro’s of American Express Ascend Card:
- High S$1 to KrisFlyer miles ratio, with no transfer fee and no hassle automated miles transfer.
- Welcome bonus of 5,000 KrisFlyer miles the very first time you charge to your card.
- Spend bonus of 30,000 KrisFlyer miles on S$20,000 spend in the first 6 months upon card approval.
- Accelerated upgrade to KrisFlyer Elite Gold membership tier, just spend above S$15,000 on eligible purchases made on singaporeair.com within the first 12 months upon Card approval to be automatically upgraded to the KrisFlyer Elite Gold Membership tier.
- One complimentary night each year at one of over 110 participating Hilton Hotels and Resorts properties across Asia Pacific.
Con’s of American Express Ascend Card:
- High annual fee, with no fee waiver in the first year. However, the card benefits can outweigh the annual cost, if you make the most of the rewards!
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.