Skip to main content

Would the card rewards outweigh the fee?

Updated over 2 months ago


​
Redeem a business class return ticket to Japan worth S$4,000 at only S$1,480!

  • You can rest assured that, for many credit cards in Singapore, the value of the rewards earned will surpass our fees.

  • To help you calculate the miles or cashback you can earn based on the credit card used and the amount spent, we offer a convenient rewards calculator. Additionally, feel free to explore our blog for regular tips on optimizing your miles and cashback in comparison to CardUp's fees.

BP-mid-CTA.png
  • To help you along, here is an example based on a miles card for your consideration:-

    • Let's make the following assumptions:

      • Monthly payments amounting to $5,480

      • Use of the UOB PRVI Miles Visa Card, offering a yield of 1.4 miles for every dollar spent.

Payment Type

Spend
(per month)

Promo (GET225)
​*2.25% per transaction

Earn
*1.4 miles per dollar

Worth

Insurance

S$830

S$123.30 per month

7,840 air miles per month

Worth S$4,000 when redeemed for a return business class flight to Japan!

Rent

S$2,900

Education Fees

S$900

Helper Salary

S$650

Electricity bills

S$200

Total Spent

S$65,760 per year

S$1,480 per year

~94,100 air miles per year

With over 94,000 miles you can redeem, for example, 1 return business class ticket to Japan, which costs approximately S$4,000. In this scenario, the value gained far exceeds the S$1,480 spent on CardUp fees.
​
​

**Note: Kindly be informed that the rate at which rewards are earned on CardUp transactions is determined by the card issuing bank.

Did this answer your question?