- Calculate the value of your reward before redeeming hotel points
- Book your stay through the partner travel portal of your credit card issuer to take advantage of larger discounts
- Find exclusive dining offers from your credit card issuer and partner hotels
As staycations are currently the only hassle-free option for a getaway, you may be looking at how you can use your credit card to offset some of the costs. In this case, travel credit cards are your best bet. Not only do these credit cards often partner with hotels and travel portals to give you discounts on your bookings, but you’ll also be able to earn and redeem hotel points and other travel rewards. Read on to find out how you are making full use of your travel credit card to elevate your stay in Singapore.
1. How to redeem hotel points for stays in Singapore
Singapore hotels partner with certain credit cards that allow you to transfer miles earned into hotel points, which you can redeem to offset the cost of your stay. For example, Citi PremierMiles and CitiBank Rewards have partnered with InterContinental Hotels Group, giving you the option to transfer your Citi Miles or ThankYou points to hotel points.
Before considering this option, you should consider whether it is cost effective to transfer your miles to hotel points. To do this, calculate the redemption value of the reward and compare it to the value per hotel point. The simplest way to calculate the trade-in value is to divide the dollar value of the reward by the number of points required to redeem it and multiply by 100 to convert the dollars to cents. For example, if 15,000 points are required for a rate of S $ 360, the cent per point (PPC) is 2.4. If the redemption value of the reward is less than the hotel points CPP, it would not be worth transferring.
|Citibank Premier Miles||10,000 miles = 10,000 IHG Rewards Club points|
|Citibank Rewards||25,000 points = 10,000 IHG Rewards Club points|
|Points earned||Refund method||Total surrender value||RPC|
|15,000||Hotel points||$ 360||2.40|
|200,000||S $ 1,000||0.5|
If the redemption value of the reward is less than the hotel points CPP, it would not be worth transferring miles into hotel points. Since Hotel Points are scarce in Singapore, the best way to generate Hotel Points is usually to purchase them as soon as they go on sale. For example, IHG has already achieved up to 100% bonus sales at US $ 1,000 (S $ 1,320) for 200,000 points, bringing the PPC down to US $ 0.50 (S $ 0.7).
2. Book your stay through the travel portals
While booking directly with the hotel gives you faster access to customer service in the event of an emergency, it may be worth booking your stay through travel portals from time to time to take advantage of promotions. Travel portals such as Expedia, Agoda, Airbnb often partner with banks to offer their cardholders discounts and promotions of up to 10% on bookings. On top of that, you can also earn miles and cashback when you pay the bill with a credit card from the portal’s credit card partner.
|Credit card||Current promotion||Awards||Limit|
|Citi PremierMiles||10% discount on hotel booking with promo code CITIHOTEL10 on Expedia||3 Citi miles or 7 Citi ThankYou points or 2.5% cashback for every S $ 1 spent on flights and hotels.||n / A|
|DBS Altitude (all variants), DBS Woman’s World Mastercard or DBS Woman’s Platinum Mastercard||
||10 mpd on stays booked through Agoda until June 2021. 10 mpd on Kaligo, 6 mpd on Expedia, 3 mpd for another hotel||S $ 5,000 / month|
|Miles UOB PRVI (All variants)||n / A||6 mpd on Agoda, 6 mpd on Expedia, 6 mpd on UOB Travel||n / A|
Signature Visa Horizon Maybank
|n / A||3.2 mpd for reservations made at Agoda||Minimum total spend of S $ 300 per card per month|
|KrisFlyer UOB Credit Card||Up to 9% off worldwide hotel bookings valid until December 31, 2021 for a stay period until December 31, 2022.||3 mpd on Agoda, AirBnB, Booking.com, Expedia, Hotels.com, Kaligo, Traveloka, Trip.com, UOBTravel||Minimum spend of $ 500 per year for SIA-related transactions|
3. Look for staycation card promotions
To save on the costs of your stay, search for card promotions from your bank through email newsletter, social media, website or regularly browse travel aggregators and online travel agents like Klook or JTB to get updates. Credit card issuers / banks are also partnering with hotels and travel sites to provide exclusive offers such as free upgrades, cash backs, booking discounts and cardholder-only packages. .
|Credit card||Participating properties||Details of the current offer|
|UOB||Pan Pacific Serviced Suites Beach Road, Singapore Pan Pacific Serviced Suites Orchard, Singapore Pan Pacific Singapore PARKROYAL on Beach Road, Singapore PARKROYAL COLLECTION Marina Bay, Singapore PARKROYAL COLLECTION Pickering, Singapore||
|Citibank||The Ritz-Carlton, Millenia Singapore||
Additional benefits include:
|OCBC||The Fullerton Hotel Singapore||Book and stay before March 30, 2021.
Pure Relaxation Package at S $ 370 net
|HSBC||Hilton Singapore||Free upgrade to Deluxe Plus room with Prosecco, ocean-inspired tea set for 2 from S $ 245 ++|
4. Dinner in the hotel restaurants
Stays are a great opportunity to dine in upscale hotel restaurants at a reduced price. Most staycation card promotions (see table above) include free breakfast, while some, such as Citibank and OCBC, offer dining credits that can be spent at hotel restaurants. Hotels also have dining offers that are separate from staycation promotions, so check your card issuer’s website for current offers.
|Credit card||Restaurant||Meal / promotion credit|
|DBS||n / A||1 for 1 & 50% discount on catering offers via Chope until 03/31/2021|
|OUB||Town Restaurant, The Fullerton Hotel||1 free dinner for 3 paying adults for Sunday Brunch * and Dinner in Town by 03/31/2021|
|OCBC||Asian Market Cafe, Fairmont Singapore||50% reduction on lunch and dinner until 04/11/2021|
|Citibank||Marriott Café, Singapore Marriott Tang Plaza Hotel||Up to 25% reduction on the total food bill until 04/30/2021|
|HSBC||Andaz Singapore – Alley of 25||Afternoon tea 1 for 1 at S $ 48 ++|
If your reservation does not include dining credits and the hotel restaurant does not offer discounts, check restaurant reservation platforms such as Chope, Eatigo or Entertainer for exclusive dining offers specific to your bank. . Otherwise, go for a 1 for 1 buffet promotion elsewhere, or pay with a credit card for the restaurant to earn money for the meal.
5. Book activities and experiences on travel aggregators
Wondering how to stretch S $ 100 Singapore Rediscovers (SRV) even more? If you have a UOB card, you are in luck. Klook has partnered with UOB to offer cardholders exclusive discounts up to S $ 40 which can be applied in addition to your SRV when you checkout using a UOB card. Get S $ 5 on a minimum of S $ 30 spent on top of your VRS, S $ 10 on a minimum of $ 60 or S $ 20 on a minimum of S $ 200 spent on top of your VRS. The discount will automatically apply on the payment page when an eligible UOB card is used, limited to 2 payments per cardholder.
When should you redeem your travel rewards
Based on the current price per hotel point, transferring your rewards or miles to hotel points is not always the most cost effective way to use your travel rewards. Unless your miles are about to expire, it’s best to buy Hotel Points when they’re on sale. In addition to hotel points, you can take advantage of discounts and promotions offered by your credit card issuer and its partners hotels, restaurants and travel aggregators. When you’re ready to book a stay, look for deals, discounts, and deals on your card issuer’s website and you can increase your stay while stretching your money.