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Friday, December 15, 2023

6 Lesser-known Credit score Card Journey Hacks — Extra Miles, Cashback, Insider Offers



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We’re not gatekeeping any of those bank card journey hacks!

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As a Millennial who’s been adulting for some time, I deal with myself to good getaways often. One factor I do is maximise my bank cards’ rewards system — be it miles accrual for flight redemptions or getting rebates from my spending. But, I’ve come to grasp that is one thing that actually confuses the Gen Zs of right this moment. Miles? Rewards? What?

Sure, understanding and differentiating the various perks of so many bank cards available on the market may be very overwhelming. So I’ve determined to share some lesser-known bank card journey hacks for newbies!


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1) Bulk buy necessities and big-ticket gadgets on-line

Online shopping Amaze card Lesser Known Travel Credit Card Hacks

My first bank card hack is to make the most of upsized rewards on on-line spending. That is one thing fairly just a few bank cards are gearing in the direction of. For some, the distinction may be 10 instances of offline spending — for instance, the Citi Rewards Card awards 10X Factors per S$1 spent for many on-line transactions.

So, in case you have big-ticket purchases that require a major monetary dedication (automotive, luxurious gadgets, and even family home equipment), get them on-line as an alternative of in bodily shops. This makes a distinction in case your aim is to rack up miles, as larger spending = larger rewards.

Different bank cards with larger mile per greenback (mpd) on on-line spending:

Credit score Card Advantages
Citi Rewards Card S$1= 10X Factors for on-line & purchasing (S$1 = 1x Level for all different transactions)
HSBC Revolution Credit score Card S$1 = 10X Factors for on-line & contactless spending (S$1 = 1x Level for all different transactions)
POSB On a regular basis Card 10% rebate for on-line meals supply on Foodpanda and Deliveroo
5% for on-line spending on e-commerce websites Amazon.sg, Lazada, Qoo10, Shopee, RedMart and Taobao
DBS Reside Contemporary Card 6% cashback on all on-line and app spending (0.3% on different spends)
DBS Lady’s World Card S$1 = 10X miles for on-line spending (S$1 = 1x Level for native offline spends)
OCBC Frank Credit score Card 6% cashback on all on-line and app spending (0.3% on different spends)

A candy hack I like to recommend is to make use of Instarem’s amaze card for all offline transactions. Each eligible offline transaction on the amaze card will probably be transformed to on-line transactions — extra miles and cashback earnings!

TL;DR, Instarem is a money-transfer service with decrease overseas foreign money conversion charges and aggressive alternate charges. The amaze card is Instarem’s multi-currency card that permits customers to make funds by way of linked Mastercard credit score/debit playing cards or saved funds within the e-wallet. Extra about it on the finish!

2) Get free lounge entry at airports

Plaza Premium Lounge Things to do in Singapore 2023

Most bank card journey hacks aren’t secrets and techniques however are sometimes forgotten, akin to this one — free entry to airport lounges!

This was a privilege for First and Enterprise-Class flight passengers, however fairly just a few bank card corporations now embody lounge entry as an unique profit to their prospects. It’s a pleasant perk when you have got an extended layover and are in search of a quiet place within the airport to calm down earlier than hopping in your flight. Plus, most lounges serve complimentary meals and drinks too!

Beneath are some entry-level bank cards that include free lounge entry advantages:

Citi PremierMiles 2 Visits per 12 months to the Precedence Move Lounge
DBS Altitude Visa 2 Visits per 12 months to the Precedence Move Lounge
AMEX HighFlyer Card 2 Visits per 12 months to the Precedence Move Lounge
HSBC TravelOne Card 4 Visits per 12 months to the DragonPass Lounge
AMEX KrisFlyer Ascend 4 Visits per 12 months to the Plaza Premium Lounge

Placing this right into a dollars-and-cents perspective, pay-per-use lounges in Singapore Changi Airport price S$55 per 3-hour slot. One thing to recollect the following time you’re at an airport 😉

Learn additionally: 7 Really Fascinating Issues to Do in Singapore for Abroad Buddies on a Layover Flight

3) Make funds in native foreign money when spending abroad or on overseas web sites

Instarem app amaze wallet and card pay in merchant local currency Lesser Known Travel Credit Card Hacks

Right here’s a money-saving hack not many are conscious of. When purchasing abroad or shopping for issues from a overseas web site, at all times pay within the native foreign money, not your property foreign money. This reduces the probabilities of awful FX charges or having hidden charges such because the Dynamic Forex Conversion (DCC) on prime of your invoice.

For context, DCC is a cost choice that permits patrons to pay of their dwelling foreign money once they make abroad transactions. It might look like an apparent alternative at first because it displays a foreign money you’re aware of. And also you’ll know the associated fee with out having to calculate the foreign money conversion.

However in actuality, it’s at all times charged larger than common financial institution FX, permitting retailers to take a minimize of the transaction too. The distinction in expenses is often 3% to 7% larger. On prime of that, you would possibly nonetheless need to pay a overseas transaction price to your bank card supplier — you’ll solely know if you obtain the invoice on the finish of the month 😱

amaze card shopping online Lesser Known Travel Credit Card Hacks

So for me, I at all times use my Instarem amaze card after I’m making a transaction in overseas foreign money.

Instarem converts foreign exchange into SGD earlier than charging the quantity to the linked credit score or debit card. The FX fee will probably be primarily based on Mastercard’s alternate fee, which can be sometimes decrease than some bank card corporations.

*Professional-tip: In case you don’t personal any Mastercard bank cards, you may nonetheless use the amaze card to pay by topping-up funds into the amaze pockets on the Instarem app. Funds with amaze pockets funds received’t incur FX charges for overseas foreign money transactions!

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*Word: The utmost quantity that may be saved within the amaze pockets is S$5,000 or equal in foreign exchange. It’s free to prime up your pockets with PayNow or a Mastercard; a 1.5% price will probably be charged for Visa.

4) Use the Instarem app to determine what earns probably the most miles

Lifestyle traveller in business class Lesser Known Travel Credit Card Hacks

In case you are severe about amassing miles, you must maintain a specialised bank card that earns miles at larger mpd than common playing cards. Nonetheless, some have restrictions akin to solely rewarding miles for sure cost strategies and service provider classes, or having a cap on the bonus rewarded.

Instarem app amaze wallet and card MCC Lesser Known Travel Credit Card Hacks

The Instarem app permits customers to verify Service provider class codes (MCC) of transactions simply.

Right here’s the place the following journey bank card hack is available in. The Instarem app permits customers to verify the Service provider Class Code (MCC) of transactions simply, displaying the corresponding four-digit code on the transaction itself. Bank cards just like the OCBC Titanium Rewards Credit score Card and the Citibank Rewards Card have upsized rewards for sure retailers solely, therefore understanding the MCC will probably be actually useful in maximising rewards from future purchases!

5) Rating journey offers like free journey insurance coverage, discounted airfares, and extra

Lifestyle traveller in cafe Lesser Known Travel Credit Card Hacks

One other perk that bank card holders are entitled to however typically overlook is scoring unique journey offers from bank card corporations or cost networks akin to Mastercard or Visa. Some embody discounted airfares, lodge offers, complimentary journey insurance coverage protection, and extra!

^Additionally relevant for amaze cardholders

Tabulated info is correct on the time of posting and is topic to alter. Do verify together with your bank card firm for the most recent updates.

Learn additionally: Finest Journey Journey Insurance coverage for Thrill-Seekers (2023)

6) Earn further cashback on prime of main advantages

Traveller packing luggage with credit cards and amaze card Lesser Known Travel Credit Card Hacks

As talked about, I’m a seasoned Millennial (learn: aunty) — a stereotypical kiasu Singaporean. I look out for further perks past what my current bank card offers.

It’s like getting reductions on attire manufacturers by accumulating loyalty factors, or a free cute plushie out of your favorite sushi restaurant in your twenty fourth go to.

Instarem app amaze wallet and card InstaPoints Lesser Known Travel Credit Card Hacks

I earned 39 InstaPoints immediately after making a US$29.17 (or S$39.78) buy on Amazon.com utilizing my amaze card and pockets.

So, at any time when I store on-line on a overseas web site, I’ll pay with my amaze card. Instarem’s rewards system lets customers earn InstaPoints on prime of the rewards given by the linked bank cards. This is similar for if you make transactions abroad too.

Each S$1-equivalent spent by way of the amaze pockets earns 1 InstaPoint, whereas each S$1-equivalent spent by way of the amaze card earns 0.5 InstaPoints on overseas foreign money transactions of no less than S$10.

The InstaPoints earned can then be used to redeem gadgets on the Instarem app, akin to low cost vouchers for cash transfers (80 InstaPoints = S$1) or cashback (2,000 InstaPoints = S$20)!

New to Instarem and the amaze card?

Instarem app on phone Lesser Known Travel Credit Card Hacks

Complicated T&Cs of journey bank cards aren’t going to go away anytime quickly, so heed this aunty’s recommendation for what works if you need a fuss-free (and actually, free) method to earn extra advantages whilst you spend.

So, again to Instarem — an internet cash switch service that’s extraordinarily helpful for frequent travellers and strategic spenders. The app permits customers to ship cash from Singapore to greater than 60 nations with aggressive alternate charges and decrease overseas conversion (FX) charges in comparison with conventional financial institution charges!

Traveller with Amaze card Lesser Known Travel Credit Card Hacks

To start out:
– Obtain the easy-to-use Instarem app
– Join an Instarem account by way of SingPass
– Apply for the amaze card on the app
Psst, promo deets beneath!

Not like most bank cards, the amaze card has no minimal revenue requirement and no annual charges. It’s also possible to use the digital card instantly whereas ready for the bodily card to be despatched out 😎

Right here’s a abstract of the Instarem amaze card’s mechanics and advantages:
1) Hyperlinks as much as 5 Singapore-issued Mastercard credit score or debit playing cards — no want to hold round many bodily bank cards or make extra top-ups 😜
2) Converts overseas foreign money to SGD earlier than being charged to linked card — primarily based on Mastercard’s alternate fee
3) Capable of see Service provider Class Code (MCC) on transactions — to maximise the air miles collected for sure playing cards
4) Earn extra rewards on prime of linked bank card rewards — redeem InstaPoints for cashback or to offset cash transfers

And in case you don’t maintain a Mastercard credit score or debit card, you can even top-up funds into the amaze pockets on the Instarem app (with 0 FX charges for transactions in foreign exchange)! It additionally features as a multi-currency account — convert SGD to foreign exchange when charges are beneficial, and maintain onto them until it’s time on your journey!

TTI Unique Promo:
The primary 1,000 new Instarem customers can get a S$10 reward within the type of 1,000 InstaPoints!

To be eligible for the reward, comply with these easy steps:
Obtain the Instarem app
– Join an Instarem account with referral promo code <INTERN>
– Apply for the amaze card

*Professional-tip: Confirm your particulars by way of Singpass to get your account arrange in minutes!

Provide ends 31 December 2023. InstaPoints will probably be credited inside 7 days from the tip of the provide interval.

Know of different journey bank card hacks? Share them within the feedback 🙂


This put up was delivered to you by Instarem.

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@thetravelintern #miles #airmiles #traveltips ♬ Off The Document (Sped Up) – IVE



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