April 30, 2015 - kenshinjeff

Quick Premiermiles comparison

Cost of a round-trip Economy Saver Award ticket in 2014 Nov
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SQ Krisflyer (SINGAPORE > SAN FRAN Round trip)
= 70,000 miles + tax
= 59,500 miles + tax (After 15% discount for miles if booked online)
= 59,500 + ($25 citibank admin fee) + 806.40 (TAX)
= 59,500 + $831.40
Cost of a round-trip Economy Saver ticket from SQ 2015 Jul
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Travel dates: Wed 01 Jul 2015 – Tue 14 Jul 2015
Price from SQ website:
= $1,604.20

Actual fare = $900
Airport/Gov Tax = $118.20
Carrier surcharge = $586.00
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Total taxes = $704.20 (118.2 + 586)

 

If you take the difference into account as a rough gauge:

58,500 miles + $831.40 = $1604.20
58,500 miles = $772.80
1,000 miles = $13.21

Earn rate for:
Citibank Premiermiles : $1 = 1.2 miles
1,000 Premiermiles = $834

> You need to spend $834 locally to get 1,000 Premiermiles.
> To get 54,500 miles, you need to spend $45,416.67 locally.

If you spend $1,000 per month, you need 39 months to chalk 54,500 miles.
If you spend $2,000 per month, you need 19.5 months to chalk 54,500 miles.

Of course, there are other methods to gain points, like making overseas purchases with the same card gives you a rate of 1.5 miles. Or using alternative cards to make expensive purchases for better points/cashback.

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OCBC Frank 6% online shoppping cashback rate: 6%
If you happen to spend $500 per month online, you get $30 back. $1,604 / $30 = 54 months

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DBS Altitude Visa Express Card

$1 = 1.2 miles (first $2,000 spent/month)
$1 = 1.6 miles (over $2,000 spent/month)

$1 = 3 miles for all online flight/hotel transactions (Capped at $10,000/month)
$1 = 2 miles for all overseas spend
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Maybank Horizon Platinum Visa Card
$1 = 2 air miles (5 tr’eats points) for purchase of air ticket(s)/travel package(s) and overseas transactions

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ANZ Travel Visa Signature Credit Card
$1 = 1.4 air miles for local spend
$1 = 2.8 air miles for spend in Australia and New Zealand or on flights with Qantas and Jetstar

annoyances / miscellaneous

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