UOB has extended its new cardholder sign-up offer for UOB PRVI Miles with the headline “up to 58,000 miles guaranteed”. “Up to” is the key phrase here, so let’s take a look at what’s a realistic number of miles one can get with the promo.
💳 A new UOB cardholder refers to those who do not currently have a principal UOB credit card, and have not cancelled any in the past 6 months. Refer to the terms and conditions for specific terms.
1st Gift: 20,000 miles for annual fee payment
The miles from this promo is made up of 3 parts, and the first is getting 20,000 miles for paying the annual fee of S$261.60 (GST inclusive). That works out to a cost of about 1.3 cents per mile (S$261.60 ÷ 20,000 miles) which is a fair amount to pay for miles.
If you bought all your miles at 1.3 cents each, a business class flight to Tokyo would cost about S$676 ignoring taxes....