Best 5 Credit Cards That Give You The Most Miles Per $1 Of Overseas Spend

This article was originally on GET.com at: Best 5 Credit Cards That Give You The Most Miles Per $1 Of Overseas Spend

Are you a frequent traveller who's on the hunt for anything under the sun that has the potential to lower your traveling expenses? Enter credit cards that reward you with miles. Specifically, credit cards that give you miles for your overseas spend that will, in essence, fuel you to embark on even more trips since they can help shave off some of your traveling costs.

As a matter of fact, credit cards are not made equal; some work harder for us, others less so. Here at GET.com, we've rounded up the best 5 credit cards that give you the most miles per $1 of overseas spend to help you save money if you've always been baffled or too lazy to do the hard work of going through the fine print of travel cards yourself.

Best 5 Cards That Give You The Most Miles Per $1 Spent Overseas

1. Standard Chartered Visa Infinite Credit Card

Standard Chartered Visa Infinite Credit Card allows you to earn up to a solid 3 miles per $1 spent overseas. What's the catch? All you need to do is charge at least $2000 of eligible spending to your card within a statement cycle. The miles do not expire, though they'll be awarded in the form of 360° Rewards Points.

Under the current Standard Chartered 360° Rewards Programme, Standard Chartered Visa Infinite Credit Card cardholders earn 1 mile for every $1 (in local/foreign currency) spent with their card. Extending from this Rewards Promotion, those who meet the minimum spend amount of $2000 in a statement cycle will get to earn additional miles in the form of 360° Rewards Points as follows - additional 0.4 miles for every $1 spent in local currency; additional 2 miles for every $1 spent in a foreign currency.

Nevertheless, note that the annual fee of S$588.5 will be chargeable even in the first year (and subsequent years) as opposed to many other cards in the market that typically offer a first year fee waiver for the card.

Additionally, when you apply for Standard Chartered Visa Infinite Credit Card any time from now till 31 December 2016, you'll get to enjoy 35,000 miles or 25,000 miles plus $100 worth of Uber credits as a gift from Standard Chartered to you.

Miles earned per $1 overseas spend: Up to 3 miles.

2. UOB PRVI Miles American Express Card

If you earn more than $80,000 annually and if you love collecting UNI$ in exchange for air miles or cash rebates, UOB PRVI Miles American Express Card is a card that you might want to consider. Each $1 spent overseas will earn you 2.4 miles, not too shabby at all in our opinion.

Keen to learn how you can push this figure up even more? Book your travels online at UOB Travel as UOB PRVI Miles American Express Card allows you to earn 6 miles on selected airline bookings at UOB Travel. Another awesome perk is that you get to earn a sweet 20,000 bonus loyalty miles should you charge $50,000 or more to your card in a year.

As awesome as these perks might be, note that each time you convert your UNI$ into air miles at the conversion rate of UNI$1 = 2 miles, a conversion fee of $25 will be applicable. Also, the UNI$ earned will expire 2 years from the last day of each periodic quarter in which your UNI$ was earned. UOB PRVI Miles American Express Card has a $256.80 annual fee, waived for the first year.

Miles earned per $1 overseas spend: 2.4 miles

3. Citi PremierMiles Visa Card

With no minimum spend required, you earn 2 Citi Miles for each $1 spent overseas (in a foreign currency) with Citi PremierMiles Visa Card. Every $1 spent locally will earn you 1.2 Citi Miles and you'll be rewarded with up to 10 Citi Miles per $1 spent on online travel bookings.

If you make more than $50,000 per annum, this card might be a good option for you if you're gunning for a credit card that rewards you with miles that do not expire. That's great news for all you savvy cardholders who are concerned about letting your miles go to waste. Also, when you renew your Citi PremierMiles Visa Card membership, the bank will throw in an extra 10,000 Citi Miles as an added bonus for you. This card has .

On top of those perks mentioned, this card also gives you free access to over 600 members-only Priority Pass airport lounges twice yearly.

Miles earned per $1 overseas spend: 2

4. Citi Prestige Card

Citi Prestige Card allows you to earn unlimited Citi Dollars when you charge your spending to this card - cardholders earn 5 Citi Dollars (or 2 Citi Miles) for every $1 spent overseas; 3.25 Citi Dollars (1.3 Citi Miles) for every $1 spent locally. Upon renewal of your card, the bank will reward you with a cool 62,500 Citi Dollars, that's 25,000 miles.

The best part probably is that these Citi Dollars (or miles, if you prefer) do not expire, so you have the option to accumulate miles on your preferred frequent flyer programme without feeling the pressure of time.

Citi Prestige Card is also a distinguished card that offers cardholders (and one guest) unlimited, complimentary access to hundreds of VIP airport lounges around the world through Priority Pass. Well, you have to be making at least $120,000 per annum to be eligible for this swanky card, though. This card has a $535 annual fee.

Miles earned per $1 overseas spend: 2

5. DBS Altitude American Express^® Card

DBS Altitude American Express^® Card is a credit card that allows you to earn 2 miles per $1 spent overseas, and this includes online shopping in a foreign currency - a pretty refreshing change from the usual T&Cs that banks dole out.

DBS Altitude American Express^® Card helps you expedite your miles-earning rampage by rewarding you with 1.2 miles per $1 spent locally and 3 miles per $1 spent on online hotel and flight transactions, capped at $5,000 monthly, on sites like singaporeair.com, cathaypacific.com, qatarairways.com, expedia.com.sg, agoda.com and so on.

These miles (awarded in the form of DBS points that can be converted at a rate of 1 DBS Point = 2 miles) don't expire, so that's good to know. Plus, you only need to be making $30,000 per annum to be eligible for this card if you are a Singaporean or PR. This card has a $192.60 annual fee (waived with $25,000 annual spend).

Miles earned per $1 overseas spend: 2

Have An Insatiable Appetite For Travelling?

We at GET.com love travelling and exploring the world ourselves, so we know how costly an overseas holiday can be. Use a credit card site like GET.com to get expert tips and reviews on how you can maximise your savings whether you're looking to travel, shop for groceries or go on a shopping spree for clothes, shoes and bags.

Find out more about the 11 tips and tricks to getting cheap flights in Singapore and the 2 best credit cards for budget travellers in Singapore if you're one wanderlusting individual with a tighter budget.

It'll (literally) pay off for you to check out these 4 sneaky budget airline fees all savvy Singaporeans would love to avoid. You can use the money you saved on more local food and souvenirs in your destination country instead.

Those who enjoy the finer things in life, including traveling, could surely check out the 5 best credit cards that give you free VIP airport lounge access.

Also, for those who're more shrewd, do read more about the 4 credit cards that give you reward points or miles that never expire and the other 4 credit cards that reward you with reward points or miles that will expire. They'll surely come in handy.

What do you think? Share your comments with us below!

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