@Glenn wrote:

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While the value of a cashback card is very obvious – you basically get “value” equals to the cashback rate, it is much more complicated to evaluate the value of miles cards because of the difficult question of determining “How much is a mile worth to me?”.

This is especially important because there are many ways to legally “buy” miles. For example, DBS Altitude had a sign up promotion that gave 10,000 miles if you volunteered to pay the first year annual fee of $192.60 (which is usually otherwise waived) – meaning you can effectively buy 10,000 miles at a rate of 1.92 cents per mile.

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Many similar cards like the Citi PremierMiles also have related policies where they would award you bonus miles if you choose to pay your yearly annual fees (instead of