Review: KrisFlyer UOB Credit Card

Here’s The MileLion’s review of the KrisFlyer UOB Credit Card, a Singapore Airlines cobrand card for those who need wider acceptance than what American Express has to offer. 

While its debit card brethren was decidedly dead-on-arrival, this card fares much better thanks to its bonuses on dining, food delivery, online shopping, travel and transport. While it’s not the absolute best to use in each category, it can be a decent option for those who (whisper it quietly) just want a single card solution.

KrisFlyer UOB Credit Card
★★★1/2
The KrisFlyer UOB Credit Card may not top its class in each category, but it’s still a good option for those who want a one card solution.
👍 The good	👎 The bad
No conversion fees Uncapped 3 mpd on SIA and Scoot tickets, dining, food delivery, online shopping & travel, and transport Periodic discounts on KrisFlyer Experiences	Bonus miles delayed by up to 14 months More Scoot privileges than Singapore Airlines No foreign currency spending bonus Poor travel insurance coverage
💳 Full List of Credit Card Reviews

Overview: KrisFlyer UOB Credit Card

Let’s start this review by looking at the key features of the KrisFlyer UOB Credit Card

Apply
Income Req.	S$30,000 p.a.	Points Validity	3 years
Annual Fee	S$192.60 (First Year Free)	Min. Transfer	N/A
Miles with Annual Fee	10,000	Transfer Partners	SIA
FCY Fee	3.25%	Transfer Fee	N/A
Local Earn	1.2 mpd	Points Pool?	N/A
FCY Earn	1.2 mpd	Lounge Access?	No
Special Earn	3 mpd on SIA Group, dining, online shopping & travel, transport	Airport Limo?	No
Cardholder Terms and Conditions

Be careful not to confuse the KrisFlyer UOB Credit Card with the KrisFlyer UOB Debit Card. The two sport similar designs and names, but the value proposition is altogether different.

	Credit Card	Debit Card
Min Income Req.	S$30,000	N/A
Annual Fee	$192.60	S$53.50
Base Earn Rate	1.2 mpd	0.4 mpd
Requires KrisFlyer UOB Savings Account?	No	Yes

Simply put: if you earn enough to qualify for a credit card, there’s very little reason to even consider the debit card option.

How much must I earn to qualify for a KrisFlyer UOB Credit Card?

The KrisFlyer UOB Credit Card has an entry-level income requirement of just S$30,000 per year.

How much is the KrisFlyer UOB Credit Card’s annual fee?

The KrisFlyer UOB Credit Card has an annual fee of S$192.60 for the principal cardholder, which is waived for the first year. The first supplementary card is free, but the second onwards will cost S$96.30 each.

Paying the principal card’s annual fee nets you 10,000 miles, which means buying miles at ~1.93 cents each.

How many miles do I earn?

SGD/FCY Spend

KrisFlyer UOB Credit Card members earn:

• 6 KrisFlyer miles for every S$5 spent in Singapore Dollars
• 6 KrisFlyer miles for every S$5 spent in foreign currency (FCY)

That’s an equivalent earn rate of 1.2 mpd.

It’s a bit unusual to see a general spending card without an FCY spending bonus (although the AMEX KrisFlyer cobrand cards don’t offer one for 10 out of 12 months!), and that put its at the bottom of the pack. 

Cards	Local MPD	FCY MPD
UOB PRVI Miles	1.4	2.4
OCBC 90°N Mastercard	1.2	2.1
Citi PremierMiles	1.2	2.0
DBS Altitude	1.2	2.0
AMEX KrisFlyer Ascend	1.2	2.0*
AMEX KrisFlyer Credit Card	1.1	2.0*
OCBC 90°N Visa	1.0	2.0
BOC Elite Miles	1.0	2.0
KrisFlyer UOB Credit Card	1.2	1.2
*June and Dec only, otherwise 1.1 mpd

As with all UOB cards, do take care when spending at UOB$ merchants, because no KrisFlyer miles will be awarded. UOB$ merchants include Cold Storage, Giant, Guardian and BreadTalk . 

All overseas transactions on the KrisFlyer UOB Credit Card are subject to a 3.25% fee. This means that using your KrisFlyer UOB Credit Card overseas represents buying miles at 2.7 cents each, which is very poor value.

Bonus Spending

KrisFlyer UOB Credit Card members will earn 15 KrisFlyer miles for every S$5 spent (3 mpd) on SIA Group transactions, defined as: 

• Singapore Airlines
• Scoot
• KrisShop

The 3 mpd rate applies to online and offline transactions, in Singapore dollars or FCY. There is no cap on the maximum bonus that can be earned. 

Provided they spend at least S$500 on SIA Group transactions in a membership year, KrisFlyer UOB Credit Card members will also earn 15 KrisFlyer miles for every S$5 spent (3 mpd) on the following transactions: 

While you could earn 4 mpd on most of these transactions with other cards, the key advantage of the KrisFlyer UOB Credit Card is the absence of a cap. Therefore, it might be better to use it for big ticket purchases larger than S$2,000 (any less and the DBS Woman’s World Card would be better).

Dining & Food Delivery

Dining is defined as restaurants, bars, and fast food outlets. The bonus also applies to food delivery platforms such as Deliveroo, Food Panda and GrabFood.

Do note the exclusion of MCC 5462 (Bakeries) and 5499 (Misc. Food Stores), which would exclude some options like Boost Juice Bar, Crave, Chalk Farm, Famous Amos, and Grain. Restaurants within hotels may also not qualify for this bonus.

Online Shopping

Online shopping will cover almost every major e-commerce merchant out there- Amazon, Ezbuy, Lazada, Qoo10, Shopee, and Taobao for instance. 

You can also expect most major fashion retailers to be on this list (the real issue is whether they offer online shopping, because only online transactions will earn the bonus), along with some unexpected ones like MealPal and hosting providers. 

Online Travel

While online shopping is broadly defined, online travel is relatively narrow. 

UOB has a specific whitelist of OTAs which are eligible for 3 mpd, which includes all the usual heavy hitters like Booking.com and Trip.com. For obvious reasons, the KrisFlyer UOB Credit Card can’t explicitly let you earn bonus miles with any airline outside the SIA Group, but a simple workaround is to book via Expedia or UOB Travel.

Transport

Transport refers to Grab, gojek, Comfort and other taxi operators. It also includes SimplyGo transactions made on buses and the MRT. 

Do note that you won’t earn any bonus miles (or base miles for that matter) if you use your card to top-up your EZ-Link balance, or pay at the General Ticketing Machines. You must tap your card (or phone, if you’ve added your card to your mobile wallet) at the gantry in order to qualify for the bonus. 

When are KrisFlyer miles credited?

Base miles, and bonus miles from SIA Group transactions will be directly credited to your KrisFlyer account once per calendar month.

It’s a very different story for the bonus miles from dining, food delivery, online shopping, online travel and transport transactions. Of the 15 KrisFlyer miles per S$5 spent:

• 6 KrisFlyer miles per S$5 (1.2 mpd) will be credited at the end of each calendar month
• 9 KrisFlyer miles per S$5 (1.8 mpd) will be credited two months after the end of the membership year, assuming you hit the S$500 minimum spend on SIA Group transactions

UOB calls the 1.8 mpd portion, with no small sense of irony, “Accelerated Miles”, and it’s one heck of a catch. It means you could be waiting up to 14 months to receive your bonus!

This delayed crediting arrangement gives rise to four problems. I’ve expounded on them in this post, but to summarise:

1. You’re locked into the card, because all pending bonus miles are forfeited if you cancel.
2. Reconciling bonus points will be a nightmare. It’s already hard enough to check transactions on a month to month basis. Imagine doing it for an entire year’s worth.
3. Because your pending bonus miles take anywhere from 2-14 months to reach you, you’re especially exposed to devaluation risk. If Singapore Airlines announces an award chart devaluation, other cardholders can rush out to burn their miles before it happens. You can’t, because they’re in limbo.
4. Your miles will age at different rates. Some will be credited each month and start their 3-year expiry countdown immediately, the rest will follow in 2-14 months

UOB will argue that this is necessary because there’s no way of knowing, at the point of transaction, whether the cardholder will go on to hit the S$500 minimum spend required for the bonus. But there surely has to be a better way of doing this, because the current mechanism holds you hostage- cancel your card early, and lose your bonus! 

Now all that having been said, there was a pleasant surprise for KrisFlyer UOB Credit Card members in May 2020, when many found their bonus miles crediting ahead of schedule.

I can’t say if this was accident or design, or whether cardholders can expect this to happen every year. All I’ll say is this isn’t a card for those who want their miles sooner rather than later. 

How are KrisFlyer miles calculated?

Here’s how you can work out the KrisFlyer miles earned on your KrisFlyer UOB Credit Card. 

Since all transactions are rounded down to the nearest S$5, the minimum spend required to earn miles is S$5. Anything less than that earns nothing!

A simple illustration. Suppose you spent S$9 on your KrisFlyer UOB Credit Card. You might figure that’s 10.8 miles (@ 1.2 mpd), but in reality:

• The S$9 is rounded down to S$5
• S$5 is divided by 5 and multiplied by 6 to yield 6 miles

You actually earn 6 miles, yielding a mere 0.67 mpd.

This is an extreme example, of course, and the effect of rounding gets smaller as your transaction size increases. But it’s exactly why you should think twice about using your KrisFlyer UOB Credit Card for small transactions that aren’t in S$5 blocks.

To show how rounding affects you, let’s compare the KrisFlyer UOB Credit Card to the Citi PremierMiles Card. On paper, both of them earn the same 1.2 mpd on all local spending. In reality, however, the Citi PremierMiles performs much better because of its favourable rounding policy. 

	KrisFlyer UOB Earn rate: 1.4 mpd	Citi PremierMiles Earn rate: 1.2 mpd
S$5	6 miles	6 miles
S$9.99	6 miles	11 miles
S$15	18 miles	18 miles
S$19.99	18 miles	23 miles
S$25	30 miles	30 miles
S$29.99	30 miles	35 miles
S$35	42 miles	42 miles
S$39.99	42 miles	47 miles

If you’re an Excel geek, here’s the formulas you need to calculate points: 

For the full list of formulas that banks use to calculate credit card points, do refer to these articles:

• General Spending Cards
• Specialised Spending Cards

What transactions aren’t eligible for KrisFlyer miles?

A full list of transactions that do not earn KrisFlyer Miles can be found in the T&C. I’ve highlighted a few noteworthy categories below:

• Charitable Donations
• Education
• Government Services 
• GrabPay top-ups
• Insurance
• Real Estate Agents & Managers
• SPC Service Stations
• Utilities

The KrisFlyer UOB Credit Card will earn miles for CardUp transactions, but not ipaymy. 

What do I need to know about KrisFlyer miles? 

The KrisFlyer UOB Credit Card credits KrisFlyer miles directly to your account on a monthly basis, with no conversion fees. 

This is a mixed blessing. On the one hand, you save on the usual ~S$25 conversion fee that most banks charge. On the other, direct crediting means the 3 year expiry countdown starts immediately. Contrast this to other cards where you enjoy “two validities”: one on the bank side, and one on the airline side. 

In case you were worried, cancelling your KrisFlyer UOB Credit Card has no impact on KrisFlyer miles already in your account. 

Other card perks

Discounts for KrisFlyer Experiences

KrisFlyer Experiences is a platform that allows members to redeem their KrisFlyer miles for money-can’t-buy-experiences. We’ve seen F1 Sky Suites, a KrisFlyer cruise-to-nowhere and a specially-chartered points plane to Langkawi.

KrisFlyer UOB Credit Card members occasionally enjoy a 10% rebate on the number of miles required, which can be substantial depending on the experience. This is normally offered in limited quantity, so subscribe to The MileLion and get alerted when new deals go live. 

Miles extension perk

If you ever wanted an example of UOB’s fetish for complicated T&Cs, look no further than the miles extension perk.

Simply put, KrisFlyer UOB Credit Cardholders can enjoy a one-time 12-month extension for KrisFlyer miles earned between 1 January to 31 December 2021. 

Not so simply put, they’ll have to jump through a whole lot of hoops. This involves sending a registration SMS from August 2023 to December 2024 (yes, 2023 and 2024!), and calculating how many of expiring miles came from the KrisFlyer UOB Credit Card specifically. 

Keep in mind, this benefit is only available for up to 60,000 miles. 

I’ll spare you the details, but if you want to understand just how convoluted this is, refer to the article below.

Explained: KrisFlyer UOB’s absurd miles extension perk

KrisFlyer UOB Account

The supposed “killer feature” of the KrisFlyer UOB Credit Card is its ability to earn a bonus 5-6 mpd when paired with the KrisFlyer UOB account. This sounds phenomenal, but I’d strongly advise you against it.

First of all, this account pays a measly 0.05% interest. I know interest rates aren’t what they used to be, but that’s still insanely low. 

If you think you’ll make up the difference with miles, you should know that the KrisFlyer UOB account caps the bonus miles you can earn at a mere 5% of your monthly average balance.

For example, if you put S$50,000 inside the account, the maximum bonus miles you could earn each month is just 2,500 (5% of 50,000), which you’d hit after spending just S$500 on your KrisFlyer UOB Credit Card.

This means that unless you have a ridiculously high miles valuation figure, the opportunity cost is simply too high to be worth considering. 

Fast track to KrisFlyer Elite Silver

The AMEX KrisFlyer Ascend has a fast track to KrisFlyer Elite Gold, but KrisFlyer UOB Credit Card members will have to settle for KrisFlyer Elite Silver. 

Cardmembers who open their cards between 1 May 2021 and 30 April 2022 and spend a minimum of S$5,000 on SIA Group transactions or S$50,000 on all other retail transactions will receive an upgrade to KrisFlyer Elite Silver.

This is referred to as a “fast track”, but in reality is anything but. Qualifying cardholders will receive their status upgrade within 6 weeks from the last month of the first membership year. You could hit the qualifying spend on your first day, and still have to wait 13+ months to get your status!

Status earned through this “fast track” scheme is only valid for the first year; subsequently, you’ll have to requalify by flying at least 25,000 elite miles in a 12-month membership period.

All in all, it’s much ado about nothing because KrisFlyer Elite Silver has extremely weak benefits. Members receive:

• A 25% bonus on KrisFlyer miles
• Complimentary Standard Seat selection on Singapore Airlines and SilkAir
• Priority reservation waitlist
• Priority airport standby
• Discounted service fees

Forget about lounge access, priority boarding, priority check-in or additional luggage allowances. This is as basic as it gets. 

Scoot Privileges

KrisFlyer UOB Credit Card members enjoy the following benefits when flying Scoot: 

None of these are anything to get excited about, really. There’s no free checked bag, only a 5kg upsize when you purchase a bag allowance, and even though the complimentary seat selection could have been useful, it’s limited to the principal cardholder only and not his/her travel companions.

I’d say the most useful benefit is the one-time free booking change, which can be made online up to 4 hours before departure. Fare differences may apply.

To enjoy these benefits, be sure to book your Scoot tickets via this dedicated portal.

KrisShop Privileges

KrisFlyer UOB Credit Cardholders enjoy a single-use promo code KFUOBKS2022 that gives S$20 off a minimum spend of S$100 (before GST). Unfortunately, there is an extensive brand exclusions list.

2x S$15 Grab voucher to/from Changi Airport

KrisFlyer UOB Credit Cardholders will receive a biannual S$15 Grab voucher valid for rides to/from Changi Airport.

This can be redeemed once per half yearly (i.e Jan to Jun/ Jul to Dec), with the promo code KFUOBCC. Redemptions are capped at the first 1,000 uses per month. 

2x S$15 off Changi WiFi

KrisFlyer UOB Credit Cardholders will receive a biannual S$15 ChangiWiFi voucher.

This can be redeemed once per half yearly (i.e Jan to Jun/ Jul to Dec). Cardholders can generate a e-redemption code by SMSing KFUOBCC<space>16-digit card number to 77862. 

Redemptions are capped at the first 1,000 uses per month. 

Complimentary travel insurance

Many cards offer complimentary travel insurance, but not all policies are made equal. I’ve done the analysis previously, and UOB’s policy is as bare bones as they come.

You have S$500,000 coverage for accidental death or disablement, and S$50,000 for medical evacuation. There’s no coverage for medical expenses, or even travel inconvenience. Lost your luggage? Flight delayed? This policy won’t pay anything.

Since it’s woefully inadequate as your primary cover, you’ll almost certainly need to get separate travel insurance.

Summary Review: KrisFlyer UOB Credit Card

Apply Here

With an average local earn rate and no bonus on foreign currency spending, who is the KrisFlyer UOB Credit Card suitable for? Someone who just wants to use one card for everything.

If you’ve been reading this website regularly, you’ll know that I’m staunchly against such an approach. Using a one-card strategy means leaving a lot of miles on the table, and earning sub-optimal returns on your spending. 

Nonetheless, if you still insist on doing so, the KrisFlyer UOB Credit Card would help you make the best of a bad situation. I can’t think of any other general spending card with so many different bonus categories: dining, food delivery, online shopping & travel and transport will cover the bases for a lot of people.

Just be aware that of the 3 mpd you’ll supposedly earn, 60% of it (1.8 mpd) will only arrive 2-14 months later. It’s also well shy of the highest you could be earning for such transactions (4 mpd is the gold standard), but the lack of a cap could make this a useful card for big-ticket purchases.

Oh, and don’t expect too much in the way of Singapore Airlines benefits either. Although this is ostensibly marketed as a Singapore Airlines product, it’s really more of a Scoot card. 

So that’s my review of the KrisFlyer UOB Credit Card. What do you think?