Credit Cards

What card should I use for transactions can be paid for using your credit card. But what card should you use?

Ah, the joys of coupon parking. Who can resist the thrill of punching out little paper discs from pre-perforated coupons, guesstimating how long you’ll be leaving the car unattended, and praying that ‘summon auntie’ won’t come by when your parking’s 15min overdue?

For those drivers who actually enjoy none of the above, the app that was launched in 2017 as part of Singapore’s Smart Nation drive is a godsend, allowing us to conveniently do fancy things like extend our parking duration from afar and getting refunds on unused parking minutes.

The one feature that might capture the mile hacker’s imagination would be that payment is charged directly to your card of choice. Does this, then, represent a treasure trove of miles waiting to be mined?

To be honest, for the average person this probably represents an extremely insignificant sum. However, it can be useful to recall how small charges are treated to help decision-making in other similar decisions.

How small charges are treated on miles cards

If you recall Aaron’s analysis of DBS, UOB and Citibank’s rounding policies, each bank rounds down your per-transaction spend to the nearest $1.67, $5 or $1 respectively. This means that for a parking charge of $1.20 (1h of parking outside CBD) would not earn any miles on a DBS or UOB card, while a $4.50 charge would not earn any miles on a UOB card.

How posts transactions

So the good news is that recently announced that they’ll be consolidating charges and posting them every two days, or when they hit $5. With this change, your charges are more likely to trigger mileage earn on credit cards.

It might seem that consolidating charges to $5+ makes using a UOB card a possibility. However, in practice, this might not help very much since the charges are also consolidated every two days.

So which card do I use for

Based on the banks’ rounding policies, using a Citibank card would likely net you the highest amount of miles, since its rounding policy (down to the nearest dollar) is probably the most friendly towards small value transactions.

Even then, for someone like me who parks for short durations rather sporadically, this would represent a significant amount of lost transactions. Would a cashback card (gasp!) might actually be a viable alternative then, since most of them award cashback based on the actual amounts charged? Perhaps it’s time to dust off that HSBC Advance card, if you’re still holding on to one…

Looking at real-world data could help to shed more light on this. Using my last two months’ parking history for reference, applying the new consolidation methods for parking charges within 2 days of each other, I calculated how much I would have received in miles/cashback if I’d used the various general spend cards…

(Update: There’s currently some doubt as to whether the DBS Altitude gains any points due to its restrictive T&C that excludes payments to government institutions. Should any brave soul wish to verify, please do so in the comments!)


So if I had used a Citi PremierMiles Visa, I’d have scored about 15 miles. Using the HSBC Advance, I’d have received 41¢. You know what, I think I’m going with cashback after all…

Note: The above figures were calculated based on earn rates of the respective banks’ general spend cards. The equation changes if 10X/4mpd can be earned. Thus far, we have confirmed that DBS WWMC does not earn 10X on Do leave a comment if you’ve more to share with regard to this, or any other tips you have on which card to use!


Aaron’s previously covered how to pay ERP charges with credit card (I charge mine to Citi Prestige via EZ-Pay, though Citi PremierMiles works just as well). The promised carpark payment functionality of vCashCard remains as ‘coming soon’.

For parking, offers an option to pay using your credit card instead of physical coupons. The returns are unlikely to be significant for the average driver due to the nature of infrequent small charges involved, especially since a fair number of public carparks have gantries installed (in which case, there’s always the option of paying via CEPAS with EZ-Link or NETS FlashPay cards).

Depending on your actual parking patterns (and correspondingly the actual charges to your card), it might make sense to make sure you charge to a Citibank card since transactions are rounded down to the nearest $1, as opposed to UOB’s $5. In fact, a cashback card might actually be preferable since the cashback amount is typically calculated using the actual charge amount. Check the fine print before making a decision, though!

Min Income
Annual Fee


$192.60 (First Year Free Option)

Citibank Premiermiles Visa

A great sign up offer and the widest range of airline partners of any bank in Singapore
  • New Citibank cardholders can earn 42,000 miles when they spend $10,000 in the first 3 months after approval and pay the annual fee of $192.60
  • Earn 1.2 mpd on local spending, 2 mpd on overseas spending (boosted to 3.5 mpd until 31 Jan 2018), 3 mpd on Expedia, 6 mpd on Agoda and 10 mpd on Kaligo
  • Most banks offer just Krisflyer and Asiamiles- Citibank offers those plus the chance to earn miles with Qantas, Qatar Airways, Etihad, Thai, EVA, Garuda, Malaysia Airlines, British Airways, Air France, and KLM
  • Citibank doesn't forget about existing cardmembers either- in June 2017 they ran a promotion allowing members to buy miles at 0.76 cents each, an unheard of price
  • Note that Citibank points do not pool. If you earn points across different Citibank cards you'll need to pay separate conversion fees when you convert them to miles

more details

Apply Here
Min Income
Annual Fee



Citi Prestige Card

A high end card that features an excellent host of benefits such as unlimited lounge access, airport transfers and the fourth night free at any hotel around the world
  • Earn 1.3 mpd on local spending, 2.0 mpd on overseas spending, 10 mpd on Kaligo. A 5-30% bonus is applied to your annual spending to derive additional bonus points, depending on your tenure with Citibank
  • A host of other perks await- unlimited Priority Pass lounge access for you and a guest, 8 airport transfers, fourth night free at any hotel around the world and unlimited WiFi access worldwide via Boingo and a 24 hour concierge for example
  • Also get ad-hoc exclusive Citibank promotions such as the 1 for 1 $100 Gourmet
  • I did a recent comparison of premium credit cards in Singapore and the Citi Prestige came out on top. Have a read of that post here

more details

Apply Here

(Images from HDB and websites)

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9 Comments on "What card should I use for"

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The SCB VI card can also be used for those who have it, at 1.4mpd to the nearest dollar.

I got 10x on the uob ppv for

Minor comment: $5 from UOB PRVI gives u 6miles (3.5 uni$ rounded down to 3).

Also I was under the impression the Altitude doesn’t work with this? (Wwmc doesn’t get 1x for me much less 10x so I figure it’s excluded dbs card wide)

I found out from the feedback team that their MCC is 7523 – Automobiler Parking Lots & Garages.
Wanted to know because Citi SMRT card has this clause that excludes travel related merchants. Not sure if this definitively answers if it’s a gov institution or not.

Have verified with DBS CSO that is deemed payment to a government institution, and hence will not earn any points/miles on all their cards.