CardUp is service that lets you pay rental, income tax, condo fees, insurance, car loans and more with your credit card, earning rewards points in the process.
CardUp has been offering a discounted fee of 1.9% (usually: 2.6%) on rental payments since July this year. This offer was originally due to expire on 31 December 2019, but has been extended till 30 June 2020.
To use the offer, enter the promo code SAVERENT19ย during the payment setup process.
The full T&C of this promotion can be found here. This promo applies to both Visa and Mastercard cards, but not to AMEX or credit cards issued outside of Singapore.
It’s worth noting that RentHero has also extended their promotion on rental payments until 30 June 2020, and they’re offering a slightly lower 1.85%. However, if this is your first payment with CardUp, you can get S$20 off the admin fee with the promo codeย MILELION.ย If you’re going to make a rent payment of S$2,665 or more, it makes more sense to use the MILELION code with CardUp. Otherwise, you’ll save more with RentHero.
Here’s what a 1.9% fee means for your cost per mile with various credit cards.
| MPD | CPM @ 1.9% | |
 DBS Altitude Visa  OCBC VOYAGE  Citi PremierMiles Visa  SCB X Card |
1.2 | 1.55 |
|
|
1.25 | 1.49 |
| 1.3 | 1.43 | |
 UOB PRVI Miles Visa/Mastercard SCB Visa Infinite (Spend โฅ$2K per month) UOB Visa Infinite Metal Card |
1.4 | 1.33 |
 BOC Elite Miles Card |
1.5 | 1.24 |
 UOB Reserve  DBS Insignia OCBC VOYAGE (BOS/Premier Banking) |
1.6 | 1.17 |
HSBC Visa Infinite (โฅ$50K spending in past year)
I’m attaching the usual CardUp FAQ below. Be sure to have a read, because it answers commonly asked questions like whether CardUp payments count towards sign up bonuses (they mostly do) and whether there are any 10X opportunities (there aren’t).
CardUp FAQ
Q:ย Do any cards earn 10X with CardUp? Q:ย Does CardUp spending count towards sign up bonuses/promotional bonuses? Q:ย Do I earn miles on the CardUp fee too? |
Conclusion
Rental payments continue to be a source of cheap miles in Singapore thanks to these extended promos. If you’re in the market to buy miles and happen to rent a house, this is an option worth considering.
Are cardup payments eligible for UOB ONE 5% quarterly rebate? (5% if your rent payment is exactly $2000 that is).