CardUp CNY offer: 1.8% fee for existing customers; S$25 off for new customers

For the uninitiated, CardUp is a service that lets you pay rent, income tax, condo fees, insurance, car loans, electricity bills and more with your credit card, earning miles and points in the process. 

To mark CNY, CardUp is offering new customers S$25 off the CardUp fee on their first payment of S$500 or more with the code HUAT25ML. Existing customers can enjoy a discounted fee of 1.8% (usual: 2.6%) with the code HUAT18 on a one-off payment, or the first two payments in a recurring series. 

New Customers: S$25 off CardUp fee

Sign up for CardUp here

The HUAT25ML code is valid for CardUp account holders who have not yet scheduled a payment. Users will enjoy S$25 off their first payment of at least S$500. 

Based on CardUp’s regular fee of 2.6%, you can earn free miles on a payment of up to S$960. Even if your payment is larger than this, your cost per mile will still be very low, as illustrated below:

There’s a cap of 300 redemptions for this promo code, but not to worry- you’ll be able to see if the code is still valid before confirming your payment.

All payments must be set up on or before 28 February 2021, with the payment due date on or before 31 March 2021. Only Singapore-issued Mastercard or Visa cards are eligible. Should you have an American Express card, you can use the code AMEXNEW instead to enjoy a 1.6% fee. 

The full T&C of this promotion can be found here.

Existing Customers: 1.8% CardUp fee

Existing CardUp customers can use the code HUAT18 to enjoy a discounted 1.8% fee on a one-off payment, or the first two payments in a recurring series. Payment must be at least S$130 and at most S$10,000. 

Here’s how much you’re paying for miles with a 1.8% admin fee. 

Card	MPD	CPM @ 1.8%
Citi ULTIMA	1.6	1.11
DBS Insignia	1.6	1.11
UOB Reserve	1.6	1.11
OCBC Premier, PPC, BOS VOYAGE	1.6	1.11
SCB Visa Infinite	1.41	1.26
UOB PRVI Miles	1.4	1.26
UOB Visa Infinite Metal	1.4	1.26
Citi Prestige	1.3	1.36
OCBC VOYAGE	1.3	1.36
Citi PremierMiles	1.2	1.47
SCB X Card	1.2	1.47
DBS Altitude Visa	1.2	1.47
OCBC 90N	1.2	1.47
KrisFlyer UOB	1.2	1.47
BOC Elite Miles	1.0	1.77
1. With minimum S$2K spend per statement month, otherwise 1.0 mpd

While it all comes down to how you personally value a mile, I’d argue that a price of 1.3 cents or less is very attractive. 

All payments must be set up on or before 28 February 2021, with the payment due date on or before 16 April 2021. Only Singapore-issued Mastercard or Visa cards are eligible. 

The full T&C of this promotion can be found here.

How do I use this offer?

Once you’ve set up your account, you’ll be able to schedule your first payment. Select the payment type, and follow the instructions on screen to add your payee’s details (there’s no need for the payee to be on the CardUp platform). 

In the promo code field, enter HUAT18/HUAT25ML and the discount will be reflected

Other CardUp Offers

As a reminder, CardUp is running two other offers for general payments and rent that you may also find useful:

• General Payments: 2.25% fee until 31 December 2021 (GET225)
• Rent: 1.79% fee until 30 June 2021 (SAVERENT179)

CardUp FAQs

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).

Conclusion

Sign up for CardUp here

If you haven’t made your first payment with CardUp yet, this is an easy way to accrue some highly discounted miles. Remember to set up your payments before 28 February 2021 to be eligible. 

As most cards already exclude points for insurance and education, CardUp may be your only option for earning rewards on such transactions.