To celebrate National Day, CardUp has launched a new promotion offering a discounted fee of 1.85% for two payments of any kind- mortgage installments, insurance premiums, car loans, MCST fees, season parking and more.ย
This promo reduces the effective cost for purchasing miles to as little as 1.14 cents each.ย
Cardup National Day promo
CardUp customers can now use the promo code SGBIRTHDAY2021ย to enjoy a discounted fee of 1.85% on a one-off payment, or the first payment of a recurring series.ย
This offer is valid for payments made with a Singapore-issued Visa or Mastercard that are set up byย 31 August 2021, with a due date on or before 3 September 2021.ย There is no minimum or maximum payment limit.
The promo code can be redeemedย twiceย per user, and is limited to the first 300 users. You’ll be able to see if the code is still valid before confirming your payment.ย
The T&Cs of this offer can be found here.ย
What’s the cost per mile?
Here’s a comparison of the cost per mile with the discounted 1.85% fee:
| Card | Miles per S$1 | Cost Per Mile (1.85% fee) |
 Citi ULTIMA |
1.6* | 1.14 |
 DBS Insignia |
1.6 | 1.14 |
 UOB Reserve |
1.6 | 1.14 |
 OCBC VOYAGE(Premier, PPC, BOS) |
1.6 | 1.14 |
 SCB Visa Infinite |
1.4^ | 1.30 |
 UOB PRVI Miles |
1.4 | 1.30 |
 UOB Visa Infinite Metal |
1.4 | 1.30 |
 Citi Prestige |
1.3* |
1.40 |
 OCBC VOYAGE |
1.3 |
1.40 |
 SCB X Card |
1.2 | 1.51 |
 DBS Altitude Visa |
1.2 | 1.51 |
 Citi PremierMiles |
1.2* | 1.51 |
 OCBC 90N |
1.2 | 1.51 |
 KrisFlyer UOB Card |
1.2 | 1.51 |
| ^With minimum S$2K spend per statement month, otherwise 1.0 mpd *Citibank customers can buy miles at 0.8 cents with the latest Citi PayAll promo, which offers 2.5 mpd @ 2% fee till 31 August 2021 |
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With a 1.85% fee, the cost per mile is as low as 1.14 cent each. It all boils down to your value of a mile, but I’d say that’s a very good price to pay, even right now.ย
Instagram Promo
CardUp is also teasing a special offer for 9 August 2021 that will be released on their Instagram page. This is limited to the first 56 redemptions, so be sure to follow and turn on post notifications if you’re interested.ย
Other CardUp offers
Here’s a roundup of the otherย promotions that CardUp is currently running, for tax, rental payments and more.ย
| Code | CPM | Validity |
| MILELION First time CardUp users save S$20 off one payment of min. S$1,000 |
Depends on amt. paid | No expiry |
| MLTAX2021 Pay a single income tax payment (of any amount) with 1.75% fee (read more) |
From 1.07 | 24 Aug 21 |
| SAVERENT179 Pay rent with 1.79% fee (read more) |
From 1.1 | 31 Dec 21 |
| OCBCAFFCARD 1.7% fee on a single payment (read more) |
From 1.04 | 24 Aug 21 |
| OCBCCARDS 1.7% fee on a single payment (max. S$10K) (read more) |
From 1.39 | 24 Aug 21 |
Conclusion
CardUp’s latest promotion is useful for anyone with payments to make this month, although Citibank customers will definitely want to check out the excellent PayAll promotion which ends this month.ย
Don’t forget to set up your payments by 31 August 2021 to be eligible.
