DBS has started a new promotion with Mileslife that runs from now till 31 December 2018. This promotion features a larger sign up bonus plus a 50% bonus on all transactions, subject to a cap of S$2,000 of spending per month.
1,500 mile first user bonus
First time users of Mileslife who enter the code 1500MILESDBS will get 1,500 miles with their first spend of S$49 or more made on a DBS card.
It’s only fair to point out that this referral bonus is higher than the 1,000 miles you’d get by using my code, so if you’re new to Mileslife it does make more sense for you to use the DBS code instead. The referral links to Mileslife my site will default to the MILELION code, so you’ll need to separately download the app and enter 1500MILESDBS if you want the larger bonus.
50% more miles on all transactions
If you pay for your Mileslife transactions with a DBS or POSB credit card, you will earn 50% additional miles from Mileslife. That’s to say:
- I pay with DBS Altitude (1.2 mpd) at a restaurant that offers 2 mpd normally on Mileslife
- I earn 1.2 + 2*1.5 (50% more miles than the 2 mpd)= 4.2 mpd in total
The additional 50% bonus miles is credited to you from Mileslife, not from DBS. Your base earning rate on DBS cards remains the same.
You can earn the 50% bonus miles subject to a maximum spend of S$2,000 a month. Remember that your miles will be automatically credited to your default frequent flyer account within 3-5 working days of your transaction. Mileslife currently partners with the following airlines:
The full T&C of this promotion can be found here.
What about the DBS WWMC?
Back in June 2017, barely one month after Mileslife launched in Singapore, DBS updated the T&C of its Woman’s World Mastercard to explicitly exclude Mileslife from earning 10X rewards points (4 mpd). This decision made very little sense to me, given that the whole point of exclusion categories was to prevent people from earning points on non-discretionary spend like tuition fees, hospitals, insurance and utilities bills. Mileslife is an app for dining out, going for spas and buying holidays- the very definition of discretionary spend.
Hopefully this partnership means DBS might consider removing Mileslife from the exclusion categories in the future, but as of right now I still see Mileslife excluded. If you’re looking for 10X with Mileslife, you can try the UOB Preferred Platinum Visa. FYI, Mileslife’s MCC is 7278.
If you’re already earning 4 mpd on Mileslife through your credit card (i.e. UOB PPV), then it’s hard to see a scenario where switching to a 1.2 mpd earning DBS Altitude would make sense insofar as dining is concerned. That’s because the maximum base miles on any restaurant is 3, so your incremental 50% miles of 1.5 would not offset the 2.8 mpd lost by paying with the Altitude.
The situation might be different if you look at fixed mile rewards like lifestyle or getaway packages, however.
Suppose you were staying at The Residence Bintan
- UOB PPV: 4*100 (bank) + 2,100 (Mileslife)= 2,500 miles total
- DBS Altitude: 1.2*100 (bank) + 2,100 * 1.5 (Mileslife)= 3,270 miles total
*Edit: It’s been clarified that you don’t actually get 2,100 miles for paying $100 at The Residence Bintan, the $100 refers to adding an additional bed. But you get the point of the illustration- be sure to click through all the way to see the total amount spent and miles earned.
And suppose you were staying at the Amara Sanctuary Resort Sentosa
- UOB PPV: 4*559 (bank) + 2,200 (Mileslife)=4,436 miles total
- DBS Altitude: 1.2*559 (bank) + 2,200 *1.5 (Mileslife)= 3,971 miles total
So you can see that there are situations where you would earn more miles by paying with the DBS Altitude with its 50% bonus, and others where you would earn more with the UOB PPV and its 10X points. A quick calculation before you hit buy should help you maximize your miles.