Imho HSBC revolution is the best value for money. 1. Low income requirement to sign up 2. Versatile in terms of rewards (you can convert points into miles or cashback) 3. High rewards for online shopping, entertainment related expenses & food 4. If you are a movie lover, you can also buy HSBC movie cards for GV which is a high discount from the usual movie ticket prices. 5. Lastly, don't think you will be charge with any annual fees (always got mine waived automatically)
I feel if you always travels, then milescards with 4 mile/ dollar will be better. if not the cards which Miles don't expire will be better. Any thoughts kelvin? I'm holding the citi premiere and dbs altitude.
cc typically offers miles expiry of 2 years, and krisflyer adds another 3 years. If 5 years are not sufficient then maybe mile game is not really suitable to your needs.
Kelvin is damn smart.. haha always using the interviews to get answers to questions he personally has, eg striking work life balance, avoid getting corrupted by money, what’s the meaning of life etc 😆 But half kidding, those are great qns to ponder. And good on Kelvin for making the interviews a win-win
I have to add that you have to pay $25 to convert uni$ to miles for this UOB preferred platinum card, this should be taken into consideration. Certain cards like Amex platinum doesn’t charge a miles conversion fee.
Considering the 4mpd which Amex platinum doesn't offer, i would say 25sgd is fair cost (of course convert only when you chunk up enough miles for your travel needs)
@@jacky5297 Amex platinum does offer almost 4mpd for certain spending. But I guess this UOB preferred platinum card provides 4 mpd for almost all spending. I think users should just be aware that there is a $25 charge for converting miles so you should accumulate enough points before conversion.
But there are also debit cards with miles for those with impulse control issues. I would like to hear what the interviewee has to say about those cards.
I don't understand his logic. Why not just get a cashback card, and use the cashback to buy a business class ticket??!!!! Getting a credit card must ALWAYS BE VALUE. NOTHING ELSE. No experience bullshit. You are essentially spending money you could have gotten from a cashback card to buy the ticket. It's opportunity cost.
Simple reason, it will probably take you a decade to be able to get 7000sgd from cash back, while it is very possible to do so with mile card in 2 years time with average spending...
@@jacky5297 No. he already said you can only take business class to probably Japan + top up in 2 years, not to Europe. That's quite doable with a cashback card with average spending.
@@CatandCook1989 Let's do some maths here shall we? assuming you spend 1k sgd a month, 4mpd means 4k miles per month. It will cost you 140k miles to redeem a return business class ticket to Japan (this is not the most efficient redemption but let's do it for simplicity sake). You spent 35k SGD (35 months x 1 k) to get this 140k miles. A brief check shows that a business class return ticket to Japan costs approx 3.5k SGD give or take. How much do you have to spend to get 3.5k SGD cashback? Assumming you get 1.5% cashback in average, you will have to spend 233,000 SGD, which takes 233 months assuming the same 1 k sgd per month spending. Tell me how doable it is with cashback method please?
@@jacky5297 sorry but my cashback card offers me 5% to 8%. Every month I have 50 to 80 dollars based on a monthly spending of 1k to 1.2k. So why not? Business class is 1.6k for Japan round trip you prick. Don't jack up the price just to justify your point. The expert already said it very clearly its not about value. You clearly don't know much about credit cards do you?!
@@CatandCook1989 would like to know more for my own knowledge are we using the same amount of spending? ie $1000 a month? in a year thats $12000 spending. a quick search for business class round trip tickets for next year april/may (off peak) puts the cost at ~$3400. Assuming 3 years as stated in the video, you will have to earn at least 9-10% cashback to get close to that amount? what card has that?
Just check on the UOB Preferred Platinum Don't seems to be giving 4 miles. Had UOB changed the terms.?? Up to UNI$10 per S$5 spend via mobile contactless Up to UNI$10 per S$5 spend on online shopping and entertainment
Imho HSBC revolution is the best value for money.
1. Low income requirement to sign up
2. Versatile in terms of rewards (you can convert points into miles or cashback)
3. High rewards for online shopping, entertainment related expenses & food
4. If you are a movie lover, you can also buy HSBC movie cards for GV which is a high discount from the usual movie ticket prices.
5. Lastly, don't think you will be charge with any annual fees (always got mine waived automatically)
Wow you invited the legendary milelion, good one Kelvin!
I feel if you always travels, then milescards with 4 mile/ dollar will be better. if not the cards which Miles don't expire will be better. Any thoughts kelvin?
I'm holding the citi premiere and dbs altitude.
cc typically offers miles expiry of 2 years, and krisflyer adds another 3 years. If 5 years are not sufficient then maybe mile game is not really suitable to your needs.
Kelvin is damn smart.. haha always using the interviews to get answers to questions he personally has, eg striking work life balance, avoid getting corrupted by money, what’s the meaning of life etc 😆
But half kidding, those are great qns to ponder. And good on Kelvin for making the interviews a win-win
Haha, some are really personal questions
@@KelvinLearnsInvesting Hi Kelvin,there are some messages who claim to be you.
Is that you or no?
Please make a report if thats not you
I have to add that you have to pay $25 to convert uni$ to miles for this UOB preferred platinum card, this should be taken into consideration. Certain cards like Amex platinum doesn’t charge a miles conversion fee.
Considering the 4mpd which Amex platinum doesn't offer, i would say 25sgd is fair cost (of course convert only when you chunk up enough miles for your travel needs)
@@jacky5297 Amex platinum does offer almost 4mpd for certain spending. But I guess this UOB preferred platinum card provides 4 mpd for almost all spending. I think users should just be aware that there is a $25 charge for converting miles so you should accumulate enough points before conversion.
Interesting points and miles perspective outside the US. Do the cards you apply for have big sign up bonus with required spend?
Yes!
Nice collaboration, I've been following you two for the longest time.
The crossovers of 2 of my favourite content creators!!
Hello ! Any option to share to pay for kids tuition fee , swimming course that are usually paid through bank transfer ?
Thank you
Hi, do a video on the best cash back cards available in the market soon.
But there are also debit cards with miles for those with impulse control issues. I would like to hear what the interviewee has to say about those cards.
do the miles accorded by the cards MileLion uses expire?
May i ask You trip card can link to any mile credit card?
Can do one video on mileage program?
good mornign, wow,great content- =))
great sharing!
Where do I invest for Singapore Savings Bond.Tqvm.
It works best when you don’t have kids, the context and strategy will be very different
MR WONG START YOUR OWN CHANNEL FOR SG CREDIT CARD
I don't understand his logic. Why not just get a cashback card, and use the cashback to buy a business class ticket??!!!!
Getting a credit card must ALWAYS BE VALUE. NOTHING ELSE.
No experience bullshit. You are essentially spending money you could have gotten from a cashback card to buy the ticket. It's opportunity cost.
Simple reason, it will probably take you a decade to be able to get 7000sgd from cash back, while it is very possible to do so with mile card in 2 years time with average spending...
@@jacky5297 No.
he already said you can only take business class to probably Japan + top up in 2 years, not to Europe.
That's quite doable with a cashback card with average spending.
@@CatandCook1989 Let's do some maths here shall we?
assuming you spend 1k sgd a month, 4mpd means 4k miles per month. It will cost you 140k miles to redeem a return business class ticket to Japan (this is not the most efficient redemption but let's do it for simplicity sake). You spent 35k SGD (35 months x 1 k) to get this 140k miles.
A brief check shows that a business class return ticket to Japan costs approx 3.5k SGD give or take. How much do you have to spend to get 3.5k SGD cashback? Assumming you get 1.5% cashback in average, you will have to spend 233,000 SGD, which takes 233 months assuming the same 1 k sgd per month spending.
Tell me how doable it is with cashback method please?
@@jacky5297 sorry but my cashback card offers me 5% to 8%. Every month I have 50 to 80 dollars based on a monthly spending of 1k to 1.2k. So why not? Business class is 1.6k for Japan round trip you prick. Don't jack up the price just to justify your point.
The expert already said it very clearly its not about value.
You clearly don't know much about credit cards do you?!
@@CatandCook1989 would like to know more for my own knowledge
are we using the same amount of spending? ie $1000 a month? in a year thats $12000 spending. a quick search for business class round trip tickets for next year april/may (off peak) puts the cost at ~$3400. Assuming 3 years as stated in the video, you will have to earn at least 9-10% cashback to get close to that amount? what card has that?
Just check on the UOB Preferred Platinum
Don't seems to be giving 4 miles.
Had UOB changed the terms.??
Up to UNI$10 per S$5 spend via mobile contactless
Up to UNI$10 per S$5 spend on online shopping and entertainment
Each UNI$ is the equivalent of 2 miles, which means S$5 spend will get u 10 x 2 = 20 miles, therefore 4mpd. Do take note of the S$5 earning blocks.
@@linjj93 Thank you very much