Everyone should know. The AMEX Singapore Airlines KrisFlyer credit card and Singapore Airlines KrisFlyer Ascend credit card are two worst miles cards in the market right now. The former gives 1.1 miles for every local spend while the later offers 1.2 miles for every local spend. Or you can spend overseas during June or Dec to receive 2 miles for every dollar.
In contrast, DBS Altitude gives 1.2 miles for every local spend and 2 miles for overseas spend. UOB Priv gives 1.4 miles for every local spend. OCBC Titanium Rewards and Citibank Rewards give 4 miles for eligible spendings. I can go on and on but I think you have already get it.
Recently, AMEX has been gaming up in terms of their welcome bonus and partnership. So let’s take a look at it.
AMEX Singapore Airlines KrisFlyer Credit Card
If you do not own any KrisFlyer card with AMEX, you will receive 5,000 miles for your first spend on the card. You will also receive additional 7,500 miles (on top of the 1.1 miles per dollar) if you spend $2,500 in first 3 months after the card approval. In total, you will receive 15, 250 miles.
Instead of 1.1 miles per dollar, you will be getting 4.1 miles per dollar if you hit the condition.
AMEX Singapore Airlines KrisFlyer Ascend Credit Card
The KrisFlyer Ascend card is a tier higher than the blue one. That being said, you need a higher income in order to apply for this card.
Similar to the blue card, you will receive 5,000 miles for your first spend on the card. Then, you will receive 15,000 miles if you spend $6,000 within 3 months once the card approval. Of course, you will still receive your 1.2 miles per dollar spend for that amount. In total, you will be receiving 27,200 miles.
Hence, instead of 1.2 miles per dollar, you will be receiving 3.7 miles per dollar. This is slightly below the blue card.
Grab and Uber
AMEX has also partnered Grab and Uber. You will be earning 3.1 miles for every dollar you spend with Grab or Uber (up to $200 per calendar month). This can easily translate into 7,440 miles per year. If you are unaware, you can use DBS Woman’s card to receive 4 miles per dollar. If you have already hit $2,000 in the Woman’s card, KrisFlyer card can be the next in line to accelerate your mile collection.
Which To Sign Up?
Personally, I find that it is much more worth it to sign up for the blue card if you are eligible for both cards.
Firstly, it is much more worth it to receive 4.1 miles per dollar even though the total miles received is halved of the Ascend card.
Secondly, for people like me who have many credit cards, it is too much to consolidate my spending into one credit card just to hit the welcome bonus. Well, you have to agree with me that $6,000 is a lot harder to hit than $2,500. Right?
Lastly, Ascend has no first-year waiver for the card annual fee.
Though I’m not too sure what will happen to this card after the first 3 months…