From now till 17 May, apply for an SCB Visa Infinite and get up to $200 cash. This reduces the annual fee to $388.50, allowing you to pick up miles at 1.1 cents each. SCB now offers instant approval and provisioning of cards, allowing you to start using your card straight away.
The best part? You don’t strictly need to earn $150K+ per year. Read on for details.
The SCB Visa Infinite is one of the best miles cards to buy miles on the cheap.
That’s because the card offers the cheapest tax payment facility in Singapore (as low as 1.14 cents per mile), plus the chance to buy a further 35,000 miles when you pay the $588.50 first year annual fee (1.68 cents per mile)
And it gets even better: from now till 17 May, SingSaver is running a flash sale for SCB Visa Infinite applications:
- New-to-bank customers will get $100 cash upon approval (existing: $30)
- A total of 15 customers can win a further $100 cash by providing the most creative answer to question “what do you wish could be instant in your life?” See contest details below
Here’s how the math works out:
|Welcome Miles||Effective Cost||Cents Per Mile|
|SingSaver Existing (no win)||35,000||$555.50||1.60|
|SingSaver New-to-Bank (no win)||35,000||$488.50||1.40|
|SingSaver Existing (win)||35,000||$455.50||1.31|
|SingSaver New-to-Bank (win)||35,000||$385.50||1.11|
As you can see, the price per mile can drop as low as 1.11 cpm, which would make this the cheapest way of buying miles in Singapore.
|Method||Income Required||CPM||Annual Miles Limit|
|SCB Visa Infinite Tax Payment (Spend >$2K p.m)||$150K||1.14||Tax bill|
|UOB Reserve/DBS Insignia with RentHero||Invitation||1.14||Rental amount|
|HSBC Visa Infinite Tax Payment (Spend >$50K p.a in prev year)||$120K||1.2||Tax bill|
|BOC Elite Miles World Mastercard with RentHero||$30K||1.21||Rental amount|
|HSBC Premier MC Tax Payment||AUM: $200K||1.25||Tax bill|
|Citi PayAll with Citi Ultima||Invitation||1.25||Bill amount|
|UOB PRVI Miles/SCB Visa Infinite (>$2K p.m)/UOB Visa Infinite Metal with RentHero||UOB PRVI Miles: $30K|
SCB Visa Infinite/ UOB Reserve: $150K
|HSBC Visa Infinite Welcome Gift- Premier customer||$120K + AUM $200K||1.39||35K|
|SC EasyBill with SCB Visa Infinite (Spend >$2K p.m)||$150K||1.43||Bill amount|
|CardUp with BOC Elite Miles World Mastercard||$30K||1.47||Bill amount|
|HSBC Visa Infinite Tax Payment (Spend <$50K p.a in prev year)||$120K||1.5||Tax bill|
|DBS Altitude with RentHero||$30K||1.51||Rental amount|
|Citi PayAll with Citi Prestige/Citi PremierMiles AMEX||Citi Prestige: $120K|
Citi PremierMiles AMEX: $80K
|Cardup with UOB PRVI Miles||$30K||1.57||Bill amount|
|SCB Visa Infinite Tax Payment (Spend <$2K p.m)||$150K||1.6||Tax bill|
|Citi PayAll with Citi PremierMiles Visa||$30K||1.67||Bill amount|
|SCB Visa Infinite Welcome Gift||$150K||1.68||35K|
|HSBC Visa Plat/Revolution Tax Payment||$30K||1.75||Tax bill|
|Citibank PremierMiles AMEX Annual Fee||$80K||1.78||15K|
|Cardup with DBS Altitude/Citibank PM Visa||$30K||1.83||Bill amount|
|HSBC Visa Infinite Welcome Gift- Regular Customer||$120K||1.86||35K|
|OCBC VOYAGE Tax Payment||$120K||1.9||Tax bill|
|UOB Reserve VI Payment Facility||Invitation||1.9||Unlimited|
|Citibank PremierMiles Visa, DBS Altitude, KrisFlyer UOB Card, OCBC 90N Annual Fee||$30K||1.93||10K|
|OCBC VOYAGE Payment Facility||$120K||1.9 or 1.95||Unlimited|
|UOB PRVI Pay Facility||$30K||2.0||Unlimited|
|UOB VI Metal Payment Facility||$150K||2.0||Unlimited|
|SC EasyBill with SCB Visa Infinite (Spend <$2K p.m)||$150K||2.0||Bill amount|
|OCBC VOYAGE Annual Fee- Option 2||$120K||2.14||150K|
|Citi Prestige Annual Fee||$120K||2.14||25K|
|DBS Altitude Tax Payment||$30K||2.5||Tax bill|
|OCBC VOYAGE Annual Fee- Option 1||$120K||3.25||15K|
Do note that the second year renewal gift for the SCB Visa Infinite is only 20,000 miles, so you need to take the call as to whether you enjoy the card enough to pay the full fee from the second year onwards.
The SCB Visa Infinite earns 1.4 mpd locally and 3.0 mpd overseas, provided you spend at least $2K in a statement period (1 mpd for both otherwise). This puts it among the highest general spending cards in Singapore. It also comes with six Priority Pass visits, which isn’t the best in class. However, if you view this as a pure miles buying exercise, then anything incremental is just a bonus.
On paper, the minimum income for the SCB Visa Infinite is a hefty $150K. That said, there have been enough data points from people who have received approval with incomes in the $80-120K range for me to believe this isn’t a strict requirement. It’s certainly worth a shot if you’re interested, particularly because SCB now offers instant approval.
Apply online and get instant approval
Applying for a card and waiting a week for it in the mail is so five years ago. We’re now in the age of “instant provisioning”, where you can use your card immediately upon approval by adding it to your mobile wallet.
SCB is now offering instant approval and provisioning for the following cards:
- SCB Unlimited Cashback
- SCB Rewards+
- SCB Spree
- SCB NUS Alumni Platinum Credit Card
- SCB Prudential Platinum Credit Card
- SCB Visa Infinite
Instant approval and provisioning is available for both new-to-bank and existing customers. You need to apply using SingPass MyInfo, which will automatically populate fields like your mobile number, mailing and email address.
Upon submission, you should get instant confirmation whether your card is approved or not (there will be some instances where the system needs additional time to validate your application, and you’ll be told if this is the case).
Contest: Win $100 bonus cash for successful SCB Visa Infinite applications
So, in light of that, the contest question is:
“What do you wish could be instant in your life?”
Send your answer to [email protected] by 31 May 2019, and the 15 most creative answers win a bonus $100 cash each.
The full T&C can be found here, but to summarize: you must apply for a SCB Visa Infinite card by 17 May 2019, and receive approval + complete the rewards redemption form by 31 May 2019. This contest is open to both new-to-bank and existing SCB customers.
Sidenote: this promotion is separate from the ongoing SingSaver Battle of the Cards contest, so you can’t double dip on the two. If you want to participate in the Battle of the Cards, use the links in this article instead.
If you’re looking to pick up miles for less, this is probably one of the best ways. So get cracking with your answers, and be sure to submit your applications by 17 May!
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