I have been talking about “top tier” and “A+ tier” cards in my credit card reviews, and it’s time for me to define them instead of leaving them as vague concepts.
The tiers have always been in my mind based on rough estimates that 1 mile is roughly equivalent to 1 to 1.25 cents, and I’m pleasantly surprised to see that it can be neatly arranged in a table. Lends credence to my theory on the value of miles, methinks 🙂
Tiers According to Cashback % and MPD CashbackMilesWinnerA+10%8 mpdDrawA8%–CashbackA-5%4 mpdDrawB3%3 mpdMilesC2%2 mpdMilesD1.5%1.2 to 1.5 mpdMilesTiers by Specific Cards CashbackMilesWinnerA+UOB One + GPMCOCBC 90°NCashbackAMaybank FnFUOB YOLO–CashbackA-DBS LiveFreshDBS Woman’s WorldCitibank CitiRewardsUOB Preferred PlatinumMilesBOCBC 365UOB KrisFlyerMilesCSC SpreeHSBC RevolutionMilesDSC Unlimited CashbackAmex True Cashback1.2 to 1.5 mpdMilesHow to use these tiers
Just clock your spending on cards starting from the highest A+ tier, until you have maximised the rewards. If you have excess
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