Amex KrisFlyer Credit score Card – Credit score Playing cards Evaluate 2020

The Amex KrisFlyer Credit score Card is without doubt one of the 3 air miles bank cards in Singapore which might be formally co-branded with Singapore Airways KrisFlyer. It’s tremendous straightforward to make use of since miles you earn are credited immediately into your KrisFlyer account.

Although its base earn charges are removed from spectacular, the Amex KrisFlyer Credit score Card has a very good welcome miles bonus: As much as 26,000 miles with $5,000 spent within the first 3 months (legitimate till 31 Jan 2020).

So, is your hunt for the right air miles bank card over? Let’s see if it’s price making use of for:

Amex KrisFlyer Credit score Card phrases & circumstances

American Categorical Singapore Airways KrisFlyer Credit score Card
Annual charge & waiver	$176.55 (waived for 1 yr)
Supplementary annual charge	$53.50
Curiosity free interval	22 days
Annual rate of interest	25.90%
Late fee charge	$60
Minimal month-to-month reimbursement	3% or $50, whichever is larger
International foreign money transaction charge	2.5%
Money advance transaction charge	5%
Overlimit charge	–
Minimal revenue	$30,000 (Singaporean) / $60,000 (non-Singaporean)
Card affiliation	American Categorical
Wi-fi fee	Apple Pay, Samsung Pay, Google Pay

How does the Amex KrisFlyer Credit score Card work?

The Amex KrisFlyer Credit score Card allows you to earn miles once you spend cash. In contrast to most different bank cards, you earn them in KrisFlyer miles somewhat than financial institution rewards factors, which helps you save on conversion charges and trouble.

Now, let’s be sincere. The miles accrual price for this card is sort of poor. Right here’s a take a look at the earn charges:

Kind of expenditure	Earn price
Native spending	$1 = 1.1 miles
Abroad spending (Jun & Dec solely)	$1 = 2 miles
Singapore Airways, SilkAir & KrisShop	$1 = 2 miles
Seize	$1 = 3.1 miles (as much as $200 per 30 days)
Starbucks, McDonald’s & different chosen retailers	$1 = 3.1 miles (as much as $200 per 30 days)

However the Amex KrisFlyer card’s important benefit is that it provides a somewhat straightforward technique to earn bonus miles. Merely join simply earlier than you make an enormous buy (a minimum of $5,000) and you will get an enormous bunch of miles with out the tedium of incomes them the conventional means.

You’ll obtain 7,500 KrisFlyer miles once you spend $5,000 within the first 3 months of Card Membership. Additionally, you will earn 5,500 KrisFlyer miles based mostly on 1.1 KrisFlyer miles per $1 spent domestically. Apply earlier than 31 Jan 2020 to qualify.

You can too earn bonus miles for getting supplementary playing cards (1,500 miles per supp card, as much as 2 playing cards) and referring pals (1,500 miles per good friend referral). Your good friend additionally receives 5,000 miles upon spend of $1,000 within the first 3 months of card membership.

Present Amex KrisFlyer Card promotions

The present Amex KrisFlyer Card promotion is a complimentary one-night keep at Village Resort Sentosa (Deluxe room price as much as $360) in case you apply and spend inside the first month of Card approval.

This provide ends on 31 Jan 2020 and is legitimate for brand new cardmembers solely.

From 1 Jul 2019 to 30 Jun 2020, you’ll be able to obtain $150 cashback in your subsequent buy on singaporeair.com once you spend $12,000 on eligible purchases in your card.

Who ought to use the Amex KrisFlyer Credit score Card?

The Amex KrisFlyer Credit score Card is good for newbie miles collectors as a result of it’s really easy to make use of.

Since your miles are credited immediately into your KrisFlyer account, you don’t must consolidate your spending to attempt to earn sufficient factors to transform into miles. There’s additionally no futzing with bizarre factors techniques, rewards catalogues, conversion charges and different phrases and circumstances.

However truthfully, even in case you’re already repeatedly utilizing one other bank card to earn miles, you would possibly nonetheless need to join so long as you’re anticipating large bills within the coming 6 months. This spending requirement isn’t too tough to fulfil in case you join this card simply earlier than getting hitched, having a child, shopping for large ticket gadgets in your residence and many others.

By the best way, in case you’re within the $50,000 p.a. revenue bracket, the Amex KrisFlyer card has a “large brother”, the Amex KrisFlyer Ascend Credit score Card. It has an identical bonus miles construction for a bigger expenditure and extra journey perks.

Alternate options to the Amex KrisFlyer Credit score Card

Lately, many air miles playing cards are vying for a similar goal group of customers – younger working adults who can’t wait to start out incomes miles. Let’s examine the Amex KrisFlyer Credit score Card with some related playing cards:

Amex KrisFlyer Ascend – The third bank card that allows you to earn KrisFlyer miles immediately with out conversion, this card is similar to the Amex KrisFlyer, simply that it has a barely higher native earn price ($1 = 1.2 miles) and a much bigger welcome bonus. There’s a better revenue requirement and annual charge, however in alternate you do get perks like a free lodge keep and airport lounge passes.

DBS Altitude Card – Comparable entry degree miles card, however with common earn charges. You don’t get welcome miles for spending quite a bit, however there’s an honest bonus class for on-line journey bookings. DBS miles additionally don’t expire, which makes this card good for individuals who should not incomes or spending some huge cash and need to play the lengthy sport.

UOB KrisFlyer Card – A brand new card from UOB that additionally allows you to earn KrisFlyer miles immediately, this one provides a beneficiant 3 miles per $1 spent on journey, eating, on-line procuring, and transport, which is what most Singaporeans spend a ton on anyway. The difficulty is that you should spend $500 on SQ or Scoot a yr, and miles are solely credited after a yr, which is a little bit of a ache.

As you’ll be able to see, the Amex KrisFlyer Credit score Card might not provide the very best common earn charges, but it surely’s nonetheless just about the very best entry degree miles card on the town for incomes bonus miles on upcoming giant bills.

Which bank cards have you ever utilized for simply to take pleasure in their sign-up bonus miles? Inform us within the feedback!