Someone asked in the HWZ forum about miles and there were the usual doubts expressed whether it was worth chasing miles. Coincidentally, I have just started to learn more about miles collecting, mainly from the milelion website, and my short answer is that if you are going to spend the money, then why not make sure you get some miles from it? For me, I got no interest holding 10 credit cards and min-maxxing the miles, but I feel I reached an easy-to-follow 'middle ground'.
HOW MUCH TO SPEND TO GET AN AIR TICKET?
Again, thanks to milelion constantly scanning the SQ website so I don't have to, I redeemed 3 return air tickets to Japan for 2026 at 43,200 miles each.
If you were a min-maxxer with a 4mpd card, you would be able to achieve 43,200 miles with no more than S$10,800 spend. The MMs will take advantage of promos that increase the mile earn rate above 4mpd, so their average earn rate will often be above 4mpd.
For myself, I only have 2 cards so my effective mpd is less than 4mpd, but it keeps things simple.
UOB Visa Signature - assuming $1,000-$1,200 contactless payments a month, that will give 48,000-57600 miles at 4mpd. (Bonus activated at $1k spend, max cap $1.2k).
UOB KF Credit Card - assuming $1,000 a month of qualifying transactions at 2.4mpd plus $12k worth of SQ/Scoot/Pelago/Kris+ spending at 3mpd, that will give 28800 +36,000 =64,800 miles. (there are also miles awarded by SIA which are separate) UOB KF has no spending cap, so the $1+1k/month is more like my estimate of spending.
So very roughly, if I have $3k/month of qualifying spending at maybe 3mpd (average of a 4mpd and a 3.0/2.4mpd card), that will be good for some economy tix to Japan every year when they have their global redemption sale.
Remember your unused miles
Remember that each time you fly Scoot / SQ on tickets you buy, you earn miles from the flight. Very often, these miles alone aren't enough to redeem a flight. But when they are added to the miles you earn from credit card spend, at least they are not 'wasted'. For example:
- Singapore-Sydney Business lite (the cheapest biz ticket) return nets you 9,780 miles.
- Singapore-Tokyo Economy value return nets you 3,294 miles
I selected these examples of actual flights I would take. Sydney is long enough that I would want to fly Biz, but Tokyo flights are short enough to fly economy.
Miles Millionaire: Whats that??
Finally, I note that some influenzas like to flex they are "miles millionaires" and this term appears to have been 'endorsed' by the official SIA Krisflyer instagram account:
While a million dollars invested will grow your networth through compounding, I fail to see how accumulating one million miles will do anything for you. In fact, miles depreciate over time. My strategy is to redeem flights as soon as possible. I have enough in my account to redeem a ticket or two just in case there is some not to be missed fantastic sale, but even then, its way less than 100,000 miles.
Tempting to Min-max?
I will try my best to stick to 2 credit cards and not get influenced by these influencers... though there is certainly a temptation to go up to 3 cards if my spending increases enough to justify a 3rd card (hopefully not).
