Roundup: Credit Card Sign-up Bonuses (July 2024)

Planning to apply for a credit card this month? Here's all the sign-up bonuses available for July 2024.

Here’s The MileLion’s monthly roundup of the latest credit card sign-up bonuses in Singapore for July 2024. 

If you have any big ticket spending coming up, these bonuses could be an opportunity to rack up some extra miles or gifts, so plan your spending accordingly!

💳 Credit Card Sign-Up Bonuses: July 2024
Primer: Sign-up Bonuses
👉 Primer: Sign-Up Bonuses

A sign-up bonus can be summarised as: spend S$X in Y days to get Z miles

While there are cards which offer miles with the payment of the annual fee (e.g. HSBC Visa Infinite, Standard Chartered Visa Infinite), I’m only looking at offers with a spending component, since this lets you earn miles as a by-product of spending.

Some questions to ask before getting started:

  • Should I cancel any of my existing cards so I can regain new-to-bank status?
    • The best offers are typically reserved for new-to-bank customers, defined as those who don’t hold a principal credit card with a given bank, and have not cancelled one in the past 12 months (this can be as short as 6 months for some; refer to the definition in the T&Cs)
    • If you have only one card with a given bank and don’t use it, consider cancelling it so you can start the clock on resetting your new-to-bank status
  • When do I expect my payments to be due?
    • Credit card sign-up bonuses require you to spend a certain amount in a given time period, usually 30, 60, or 90 days
    • By timing your applications around your payment dates, you stand a better chance of meeting the minimum spend
  • [For those with a partner] Can we leverage “two-player” mode?
    • If your spending is significant, then each of you could sign up for a principal card to enjoy the same bonus twice
    • If your spending is not so large, then one of you could sign up for a principal card and give the other as supplementary card, so as to pool your spending
    • Remember, you can only transfer miles to the principal cardholder’s frequent flyer account. However, KrisFlyer allows you to redeem miles for friends and family, so this won’t be that big a deal

At a glance: Current sign-up bonuses

Here’s a summary of the current sign-up bonuses on the market, presented two ways: 

  1. Payoff ratio
  2. Cost per mile

Payoff ratio refers to the bonus miles divided by total spend (excluding annual fee). Basically: what’s the bang for your buck? For every S$1 of spend, how many miles do you get?

On that basis, here are are best sign-up offers. 

💳 Credit Card Sign-Up Bonuses
(sorted by payoff ratio)
  Spend (AF) Miles^ Payoff@
HSBC T1 Card
Apply
Ends 31 Aug 24

S$500
(S$196)
30K 60
Citi Premier Miles
Apply
Ends 31 Jul 24

S$800
(S$196)*
30K 37.5
AMEX KF Ascend
Apply
Ends 23 Jul 24
S$1K
(S$343)
32.8K 32.8
Citi Prestige
Apply
Ends 30 Sep 24
S$2K
(S$545)
50K 25
UOB PRVI Miles Card
Apply
Ends 31 Jul 24
S$2K
(S$261)
45.2K 22.6
DBS Vantage 
Apply
Ends 15 Jul 24
S$4K
(S$600)
85K 21.3
Citi Rewards
Apply
Ends 31 Jul 24
S$800
(FYF)
16K 20
UOB VI Metal
Apply
Ends 30 Sep 24
S$4K
(S$654)
80K 20
DBS Altitude AMEX
Apply
Ends 15 Jul 24
S$3K
(S$196)*
53.4K 17.8
AMEX KF Card
Apply
Ends 31 Jul 24
S$1K
(FYF)
15.9K 15.9
DBS Altitude Visa
Apply
Ends 15 Jul 24
S$3K
(S$196)*
46.4K 15.5
StanChart Journey
Apply
Ends 31 Jul 24
S$3K
(S$196)*
45K 15
KrisFlyer UOB
⚠️ Cap Applies
Apply
End 31 Aug 24
S$2K
(FYF)
25K 12.5
AMEX HighFlyer
Apply
Ends 31 Jul 24
S$3K
(S$305)
34.6K 11.5
OCBC VOYAGE
Apply
Ends 14 Jul 24
S$3.5K
(S$498)
40K 11.4
AMEX Plat Charge
Apply
Ends 23 Jul 24
S$8K
(S$1,744)
58.1K 7.3
^Does not include base miles
*Fee waiver option available, with smaller number of bonus miles. See below for full details.
@ Ignores non-miles gifts

Cost per mile refers to the annual fee divided by bonus miles. If you need to pay an annual fee as part of the sign-up bonus, you’re essentially paying for miles- the question is, how much?

On that basis, here are are best sign-up offers.

💳 Credit Card Sign-Up Bonuses
(sorted by cost per mile)
  Spend (AF) Miles^ Cost Per Mile@
AMEX KF Card
Apply
Ends 31 Jul 24
S$1K
(FYF)
15.9K
KrisFlyer UOB
⚠️ Cap Applies
Apply
Ends 31 Aug 24
S$2K
(FYF)
25K
Citi Rewards
Apply
Ends 31 Jul 24
S$800
(FYF)
16K
DBS Altitude AMEX
Apply
Ends 15 Jul 24
S$3K
(S$196)*
53.4K 0.37
DBS Altitude Visa
Apply
Ends 15 Jul 24
S$3K
(S$196)*
46.4K 0.42
StanChart Journey
Apply
Ends 31 Jul 24
S$3K
(S$196)*
45K 0.44
UOB PRVI Miles Card
Apply
Ends 31 Jul 24
S$2K
(S$261)
45.2K 0.58
Citi Premier Miles
Apply
Ends 31 Jul 24
S$800
(S$196)*
30K 0.65
HSBC T1 Card
Apply
Ends 30 Sep 24
S$500
(S$196)
30K 0.65
DBS Vantage
Apply
Ends 15 Jul 24
S$4K
(S$600)
85K 0.71
UOB VI Metal
Apply
Ends 30 Sep 24
S$4K
(S$654)
80K 0.82
AMEX HighFlyer
Apply
Ends 31 Jul 24
S$3K
(S$305)
34.6K 0.88
AMEX KF Ascend
Apply
Ends 23 Jul 24
S$1K
(S$343)
32.8K 1.05
Citi Prestige
Apply
Ends 30 Sep 24
S$2K
(S$545)
50K 1.09
OCBC VOYAGE
Apply
Ends 14 Jul 24
S$3.5K
(S$498)
40K 1.25
AMEX Plat Charge
Apply
Ends 23 Jul 24
S$8K
(S$1,744)
58.1K 3.00
^Does not include base miles
*Fee waiver option available, with smaller number of bonus miles. See below for full details.
@ Ignores the value of non-miles gifts

Ultimately, both sets of ranking criteria have a common shortcoming: they only look at miles. Some of these cards have additional benefits like free hotel nights or airport lounge access, which you’ll also need to factor in.

Therefore, it’s always advisable to read through each of the sign-up bonus articles and The MileLion’s Card Reviews before coming to a decision.

AMEX HighFlyer Card

AMEX HighFlyer Card
(Offer Ends: 31 Jul 24)
Apply
  New & Existing
Annual Fee S$304.59
(must be paid)
Spend S$3,000
Spend Period 90 days
Base Miles 5,400
Bonus Miles 34,600
Total Miles 40,000
Applicants who have cancelled the AMEX HighFlyer Card previously for the same company are not eligible. 

New AMEX HighFlyer Cardholders who submit their applications by 31 July 2024 (with approval by 31 August 2024) and spend S$3,000 within 90 days of approval will receive 34,600 bonus HighFlyer points. 

On top of the bonus HighFlyer points, they’ll earn 5,400 base HighFlyer points for spending S$3,000 (based on 1.8 HighFlyer points per S$1; 1 HighFlyer point = 1 KrisFlyer mile).

The S$304.59 annual fee must be paid. There is no requirement that you be new-to-AMEX; the offer applies even if you hold an existing AMEX consumer card. Applicants who have cancelled the AMEX HighFlyer Card previously for the same company are not eligible. 

The AMEX HighFlyer Card comes with a complimentary Accor Plus Explorer membership with a 1-night hotel stay and up to 50% off dining across Asia Pacific.

AMEX KrisFlyer Ascend

AMEX KrisFlyer Ascend
(Offer Ends: 23 Jul 24)

Apply
  New  Existing
Annual Fee S$343.35
(must be paid)
S$343.35
(must be paid)
Spend S$1,000 S$1,000
Spend Period 30 days 30 days
Base Miles 1,200 1,200
Bonus Miles 32,800 22,800
Total Miles 34,000 24,000
New customers are defined as those who do not currently hold a principal AMEX consumer card (DBS, Citi and UOB-issued AMEX cards do not count, nor does the AMEX HighFlyer Card) and have not cancelled an AMEX KrisFlyer Ascend Card in the past 12 months
Existing customers are defined as those who have not cancelled an AMEX KrisFlyer Ascend Card in the past 12 months

New-to-AMEX cardholders who apply and receive approval for an AMEX KrisFlyer Ascend by 23 July 2024 and spend S$1,000 in the first 30 days will receive 32,800 bonus miles when they pay the S$343.35 annual fee and spend S$1,000 within 30 days of approval. 

Existing AMEX cardholders who apply and receive approval for an AMEX KrisFlyer Ascend by 23 July 2024 and spend S$1,000 in the first 30 days will receive 22,800 bonus miles when they pay the S$343.35 annual fee and spend S$1,000 within 30 days of approval. 

Assuming you clock the minimum spend on local transactions, you’ll earn a further 1,200 base miles (S$1,000 @ 1.2 mpd).

Do note that the calculations assume that this is your first-ever American Express Singapore Airlines cobrand card. If you have held one in the past at any time, you need to deduct 5,000 miles from the bonus component.

While the first year’s annual fee cannot be waived, you’ll receive a complimentary one night stay at participating Hilton properties, Hilton Silver status (which saves you the 5th night off award night redemptions), and four complimentary lounge passes. There’s also a limited-time fast-track offer to KrisFlyer Elite Gold, with a reduced spending requirement.

AMEX KrisFlyer Credit Card

AMEX KrisFlyer Credit Card
(Offer Ends: 31 Jul 24)
Apply
  New
Annual Fee S$179.85
(FYF)
Spend S$1,000
Spend Period 30 days
Base Miles 1,100
Bonus Miles 15,900
Total Miles 17,000
New customers are defined as those who do not currently hold a principal AMEX consumer card (DBS, Citi and UOB-issued AMEX cards do not count, nor does the AMEX HighFlyer Card) and have not cancelled an AMEX KrisFlyer Credit Card in the past 12 months

After a few months of running an excellent welcome offer of 29,450 bonus miles for just S$500 spend, it’s a much less compelling one this time round for the AMEX KrisFlyer Credit Card.

New-to-AMEX cardholders who apply and receive approval for an AMEX KrisFlyer Credit Card by 31 July 2024 and spend S$1,000 in the first 30 days will receive 15,900 bonus miles. Assuming you clock the minimum spend on local transactions, you’ll earn a further 1,100 base miles (S$1,000 @ 1.1 mpd).

Do note that the calculations assume that this is your first-ever American Express Singapore Airlines cobrand card. If you have held one in the past at any time, you need to deduct 5,000 miles from the bonus component.

AMEX Platinum Charge

AMEX Platinum Charge
(Offer Ends: 23 Jul 24)
Apply
New Customers
Apply
Existing Customers
  New & Existing
Annual Fee S$1,744
(must be paid)
Spend S$8,000
Spend Period 60 days
Base Miles 6,250
Bonus Miles 58,125
Total Miles 64,375
New customers are defined as those who have not cancelled an AMEX Platinum Charge in the past 24 months, and do not currently hold a principal AMEX consumer card (AMEX cards issued by Citi/DBS/UOB do not count, nor does the AMEX HighFlyer Card).
Existing customers are defined as those who have not cancelled an AMEX Platinum Charge in the past 24 months

New-to-AMEX or existing AMEX customers who apply and receive approval for an AMEX Platinum Charge by 23 July 2024 will receive 93,000 bonus MR points (58,125 miles) when they pay the S$1,744 annual fee and spend S$8,000 within 60 days of approval.

Assuming you clock the minimum spend on local transactions, you’ll earn a further 10,000 base MR points (6,250 miles). 

All AMEX Platinum Charge cardholders will be able to enjoy two sets of the newly-launched dining, lifestyle, air travel, fashion and entertainment statement credits in their first year, since these are awarded based on calendar year instead of membership year (except for entertainment credits, which are awarded per month).

This makes the first year of membership quite the sweet spot, as I’ve explained in the post below.

The AMEX Platinum Charge first-year sweet spot

Unfortunately, this is one of the smallest welcome offers in recent memory, not to mention the minimum spend has been increased to S$8,000 from the previous S$6,000. Hopefully there’s a better offer coming in the future.

Citi PremierMiles Card

Citi PremierMiles Card
(Offer Ends: 31 Jul 24)
Apply
Details
  New  (Offer 1) New (Offer 2)
Annual Fee S$196.20
(must be paid)
Waived
Spend S$800 S$800
Spend Period 2-3 months 2-3 months
Base Miles 960 960
Bonus Miles 30,000 8,000
Total Miles 30,960 8,960
New customers are defined as those who do not currently hold a principal Citi credit card, and have not cancelled one in the past 12 months

New-to-bank customers have a choice of two offers for the Citi PremierMiles Card. 

They can earn 30,000 bonus miles when they pay the S$196.20 annual fee and spend S$800 within 2-3 months of approval (the exact timeframe depends on when approval comes through; you have until the end of the second month after the approval month to spend). Assuming you clock the minimum spend on local transactions, you’ll earn a further 960 base miles (S$800 @ 1.2 mpd).

Alternatively, they can earn 8,000 bonus miles when they spend S$800 within 2-3 months of approval, together with an annual fee waiver.

Assuming you clock the minimum spend on local transactions, you’ll earn a further 960 base miles (S$800 @ 1.2 mpd).

Citi Prestige Card

Citi Prestige Card
(Offer Ends: 30 Sep 24)
Apply
Details
  New & Existing
Annual Fee S$545
(must be paid)
Spend S$2,000
Spend Period 2-3 months
Base Miles 2,600
Bonus Miles 50,000
Total Miles 52,600
Offer valid for anyone who has not cancelled a Citi Prestige Card in the past 12 months

The Citi Prestige Card is offering a welcome bonus of 50,000 bonus miles for cardholders who:

  • Pay the S$545 annual fee (25,000 miles)
  • Spend S$2,000 by the end of the second month following approval

Assuming you clock the minimum spend on local transactions, you’ll earn a further 2,600 base miles (S$2,000 @ 1.3 mpd).

As a reminder, Citi PayAll transactions can be used to meet the minimum spend, as can transactions like insurance, hospital bills, and charitable donations- though you won’t earn rewards for these.

What’s noteworthy about this offer is that it’s available to existing Citi cardholders as well, so holding a Citi PremierMiles Card or Citi Rewards Card won’t disqualify you from participating.

Citi Rewards Card

Citi Rewards Card
(Offer Ends: 31 Jul 24)
Apply
Details
  New Only
Annual Fee S$196.20
(FYF)
Spend S$800
Spend Period 2-3 months
Base Miles 3,200
Bonus Miles 16,000
Total Miles 19,200
New customers are defined as those who do not currently hold a principal Citi credit card, and have not cancelled one in the past 12 months

New-to-bank customers can earn 16,000 bonus miles when they spend S$800 within 2-3 months of approval (the exact timeframe depends on when approval comes through; you have until the end of the second month after the approval month to spend). The first year’s annual fee is waived. 

Assuming you clock the minimum spend on online transactions (and you should, given how easy it is), you’ll earn a further 3,200 base miles (S$800 @ 4 mpd).

I consider the Citi Rewards Card to be practically essential for miles collectors, and if you don’t have one for whatever reason, that’s something you need to change.

DBS Altitude AMEX Card

DBS Altitude AMEX
(Offer Ends: 15 Jul 24)
Apply
Details
  New Only
Annual Fee S$196.20
(can be waived with 10,000 fewer bonus miles)
Spend S$3,000
Spend Period 60 days
Base Miles 3,900
Bonus Miles 53,400
Total Miles 57,300
New customers are defined as those who do not currently hold a principal DBS/POSB credit card, and have not cancelled one in the past 12 months

New-to-bank customers who apply for a DBS Altitude AMEX with the promo code ALTA60 will enjoy 53,400 bonus miles when they pay the S$196.20 annual fee and spend S$3,000 within 60 days of approval .

Should they not wish to pay the annual fee, applying with the code ALTAW50 gets you a first year fee waiver, with 43,400 bonus miles.

Assuming you clock the minimum spend on local transactions, you’ll earn a further 3,900 base miles (S$3,000 @ 1.3 mpd).

DBS Altitude Visa Card

DBS Altitude Visa
(Offer Ends: 15 Jul 24)
Apply
Details
  New Only
Annual Fee S$196.20
(can be waived with 10,000 fewer bonus miles)
Spend S$3,000
Spend Period 60 days
Base Miles 3,900
Bonus Miles 46,400
Total Miles 50,300
New customers are defined as those who do not currently hold a principal DBS/POSB credit card, and have not cancelled one in the past 12 months

New-to-bank customers who apply for a DBS Altitude Visa with the promo code ALTV53 will enjoy 46,400 bonus miles when they pay the S$196.20 annual fee and spend S$3,000 within 60 days of approval .

Should they not wish to pay the annual fee, applying with the code ALTVW43 gets you a first year fee waiver, with 36,400 bonus miles.

Assuming you clock the minimum spend on local transactions, you’ll earn a further 3,900 base miles (S$3,000 @ 1.3 mpd).

DBS Vantage Card

DBS Vantage Card
(Offer Ends: 15 Jul 24)
Apply
Details
  New Existing
Annual Fee S$599.50
(must be paid)
S$599.50
(must be paid)
Spend S$4,000 S$4,000
Spend Period 30 days 30 days
Base Miles 6,000 6,000
Bonus Miles 85,000 40,000
Total Miles 91,000 46,000
New customers are defined as those who do not currently hold a principal DBS/POSB credit card, and have not cancelled one in the past 12 months

New-to-bank/existing customers will enjoy 85,000/40,000 bonus miles when they apply for a DBS Vantage Card, pay the S$599.50 annual fee and spend S$4,000 within 30 days of approval.

Assuming you clock the minimum spend on local transactions, you’ll earn a further 6,000 base miles (S$4,000 @ 1.5 mpd).

If you’re a new-to-bank customer, this is the biggest-ever welcome offer we’ve seen for the Vantage, so give it serious consideration if you’re in the market for a $120K card.

HSBC TravelOne Card

HSBC TravelOne Card
(Offer Ends: 30 Sep 24)
Apply
Details
  New & Existing
Annual Fee S$196.20
(must be paid)
Spend S$500
Spend Period 1-2 months
Base Miles 600
Bonus Miles 30,000
Total Miles 30,600

It’s good news this month for the HSBC TravelOne Card, which is now offering 30,000 bonus miles to both new and existing HSBC cardholders who:

  • Pay the annual fee of S$196.20
  • Spend at least S$500 during the qualifying spending period
  • Opt-in for marketing communications during the sign-up process

The previous offer, by way of comparison, offered 20,000 bonus miles for the same minimum spend.

The qualifying spending period is as follows:

Card Account Opening Date Qualifying Spend Period
21-30 Jun 2024 21 Jun to 31 Jul 2024
1-31 Jul 2024 1 Jul to 31 Aug 2024
1-31 Aug 2024 1 Aug to 30 Sep 2024
1-14 Sep 2024 1 Sep to 31 Oct 2024

Assuming you clock the minimum spend on local transactions, you’ll earn a further 600 base miles (S$500 @ 1.2 mpd).

Cardholders will enjoy other perks like four lounge visits per calendar year (i.e. eight in the first membership year), 20 transfer partners, plus no conversion fees till 31 January 2025.

KrisFlyer UOB Credit Card

KrisFlyer UOB Credit Card
(Offer Ends: 31 Aug 24)
Apply
Details
  New
(First 100 applicants only)
Annual Fee S$196.20
(FYF)
Spend S$2,000
Spend Period 60 days
Base Miles 2,400
Bonus Miles 25,000
Total Miles 27,400
New customers are defined as those who do not currently hold a principal UOB credit card, and have not cancelled one in the past 6 months

The KrisFlyer UOB Credit Card has once again extended its 25,000 bonus miles offer for new-to-bank customers, but this time they’ve added a first 100 cap, which pretty much renders the offer irrelevant to me. 

But if something compels you to apply anyway, you’ll need to spend at least S$2,000 in the first 60 days. Assuming you clock the minimum spend on local transactions, you’ll earn a further 2,400 base miles (S$2,000 @ 1.2 mpd).

Cardholders who spend at least S$800 on SIA Group transactions (defined as Singapore Airlines, Scoot and KrisShop) in a membership year can earn an uncapped 3 mpd on dining, online shopping and travel, and transport. If you’ve maxed out your bonus caps on other cards, then this would be the next best alternative. 

OCBC VOYAGE Card

OCBC VOYAGE Card
(Offer Ends: 14 Jul 24)
Apply
Details
  New
Annual Fee S$498
(must be paid)
Spend S$3,500
Spend Period 1-2 months
Base Miles 4,550
Bonus Miles 40,000
Total Miles 44,550
New customers are defined as those who do not currently hold a principal OCBC credit card, and have not cancelled one in the past 12 months

From 15 April to 14 July 2024, new-to-bank customers who apply for an OCBC VOYAGE Card, pay the S$498 annual fee and spend at least S$3,500 by the end of the month following approval will receive 40,000 miles as follows:

  • 15,000 miles for paying the S$498 annual fee
  • 25,000 miles for spending at least S$3,500 by the end of the month following approval

They will also earn 4,550 base miles from the S$3,000 spend (@ 1.3 mpd).

StanChart Journey Card

StanChart Journey Card
(Offer Ends: 31 Jul 24)
Apply (Fee Waiver)
Apply (Fee Paying)
  New
(Pay AF)
New
(AF Waiver)
Annual Fee S$196.20
N/A
Spend S$3,000 S$3,000
Spend Period 60 days 60 days
Base Miles 3,600 3,600
Bonus Miles 45,000  25,000
Total Miles 48,600 28,600
New customers are defined as those who do not currently hold a principal StanChart credit card, and have not cancelled one in the past 12 months

New-to-bank customers who pay the annual fee will receive 45,000 bonus miles for spending S$3,000 in the first 60 days of approval. Assuming that S$3,000 is spent in local currency, cardholders will earn an additional 3,600 base miles (S$3,000 @ 1.2 mpd). 

New-to-bank customers who want a first year fee waiver will receive 25,000 bonus miles for spending S$3,000 in the first 60 days of approval. Assuming that S$3,000 is spent in local currency, cardholders will earn an additional 3,600 base miles (S$3,000 @ 1.2 mpd). 

Regardless of whether you take the fee paying or fee waiver option, applying via SingSaver gives new-to-bank customers an extra S$80 Grab voucher or a Sony SRS-XB100 speaker.

UOB PRVI Miles Card

UOB PRVI Miles Card
(Offer Ends: 31 Jul 24)
Apply (AMEX)
Apply (Mastercard)
Apply (Visa)
Details
  New
Annual Fee S$261.60
Spend S$2,000
Spend Period 2 months
Base Miles 2,800
Bonus Miles 45,200
Total Miles 48,000
New customers are defined as those who do not currently hold a principal UOB credit card, and have not cancelled a principal UOB credit card in the past 6 months

New-to-bank UOB PRVI Miles Cardmembers will enjoy up to 45,200 bonus miles, split into:

  • 20,000 miles for paying the S$261.60 annual fee
  • 25,200 miles for spending S$1,000 per month for two consecutive months

There is no cap on the maximum customers eligible for either component. However, do note that you must be approved by 31 July 2024, so don’t leave your application till the last minute. 

Assuming the S$2,000 minimum spend is clocked locally, a further 2,800 base miles (S$2,000 @ 1.4 mpd) will be earned. If the minimum spend is clocked overseas, a further 4,800 (S$2,000 @ 2.4 mpd) base miles will be earned. UOB assumes the latter scenario in its marketing, which is why you’ll see claims of a 50,000 miles sign-up bonus (45,200 bonus + 4,800 base) on its website.

UOB Visa Infinite Metal Card

UOB VI Metal Card
(Offer Ends: 30 Sep 24)
Apply
Details
  New Existing
Annual Fee S$654
(must be paid)
S$654
(must be paid)
Spend S$4,000 S$4,000
Spend Period 30 days 30 days
Base Miles 5,600 5,600
Bonus Miles 80,000  40,000
Total Miles 85,600 45,600
New customers are defined as those who do not currently hold a principal UOB credit card, and have not cancelled one in the past 6 months

New-to-bank/existing customers will enjoy 80,000 miles/40,000 bonus miles when they apply for a UOB Visa Infinite Metal Card, pay the S$654 annual fee and spend S$4,000 within 30 days of approval.

Assuming you clock the minimum spend on local transactions, you’ll earn a further 5,600 base miles (S$4,000 @ 1.4 mpd).

Unfortunately, the S$200 Grab vouchers which were previously offered to new and existing cardholders are no longer available, which makes this offer somewhat less attractive.

That said, the minimum spend can be met through spend on education transactions, a relative rarity in this day and age. It might be worth considering in some scenarios, though the time to act was really last year.

My picks for July 2024

It’s a good month for the HSBC TravelOne Card, whose welcome bonus has been upsized by 50% from 20,000 miles to 30,000 miles. All other criteria remains the same, including the minimum spend, so you’re looking at a payoff ratio of 60, the best in the market right now. 

Elsewhere, the DBS Vantage continues to offer its best-ever welcome bonus of 85,000 miles with just S$4,000 spend, which makes it worth considering if only for one year. 

Otherwise, I’d continue to recommend the Citi Rewards Card (16,000 miles with S$800 spend) which doesn’t require you to pay the first year’s annual fee, and whose minimum spend can be easily met with Amaze.

Not so great this month are the American Express welcome offers, with cuts to the AMEX KrisFlyer Ascend, AMEX KrisFlyer Credit Card and AMEX Platinum Charge. The right time to apply for these was really in April and May, and I really hope you jumped onboard then. 

Non-miles welcome offers

Here’s a roundup of the other non-miles sign-up bonuses that are currently running in the market. 

💳 Credit Card Sign-Up Bonuses
(Non-miles)
  Spend (Period) Reward^ Remarks
AMEX Plat. CC
Apply
S$1,000
(30 days)
S$300 Ends 23 Jul 24
T&Cs
DBS yuu AMEX
Apply
S$800
(60 days)
S$388 Ends 15 Jul 24
T&Cs
DBS yuu Visa 
Apply
HSBC Advance
Apply
S$500
(30 days)
S$350 eCV
 Ends 21 Jul 24
T&Cs
HSBC Live+
Apply
S$500
(30 days)
S$300 eCV
+ S$100
Ends 21 Jul 24
T&Cs
MB Horizon
Apply
S$1,300
(2 mo.)
S$200 No end date
T&Cs
SC Simply Cash
Apply
S$500
(30 days)
S$300  Ends 31 Jul 24
T&Cs apply
^Other rewards may be offered too, click on links for full details

Do note that you will only count as a new customer for the first card you’re approved for. Subsequent approvals will receive existing customer gifts, if any.

Conclusion

As with all credit card sign-up offers, it’s important to read through the T&Cs to confirm eligibility, qualifying spend definitions, and fulfilment timelines. Don’t panic if you don’t see the bonus immediately upon meeting the minimum spend; these usually take three months or more to process.

I also recommend saving a copy of the T&Cs for your own reference, because banks may overwrite the T&Cs when new campaigns are launched, or worse, retroactively modify them!

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

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