Cashback VS Miles | Which Is The Best Credit Card?

Cashback card or miles card? Which is better?

CREDIT CARDS

INVESTING

ROBOADVISORS

CRYPTO

PAYMENT
► DBS Paylah (free $5) CODE "AHVULE614"

LIFESTYLE

SOCIALS

0:00 - Intro
0:39 - Cashback card benefits
2:40 - Cashback card downside
4:16 - Miles card benefits
6:29 - Miles card downsides
8:35 - Which to choose?

*None of this is meant to be construed as investment advice. It's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.*

[sleepandrelaxation]

I personally don't spend a lot and also lazy to keep track of reward points and miles. So I am team cashback. Thanks for sharing the video, I also have miles card sitting around collecting dust, maybe if I need to make a big purchase, it might be worth using the miles card.

[laychun]

Switched to team miles since 2019, this year able to get 2 x economy flights to Penang and 5 x free business class tickets for family trip to BKK, got enjoyed the SKL airport lounge as well as KF Gold lounge.

[lalajdhfbdj]

I got 2 cards. Dbs livefresh 5% cash back, once I reach the monthly cap, the remainder goes to citi premier miles.

Chose Premier miles as it has no expiry. Any large one off purchases also goes to Premier miles.

Premier miles also give free lounge access and free travel insurance

[goku]

Hi Kelvin, thank you for this content! I was looking for this and just nice u covered. Thanks a million!!! Appreciate your work!!😄

[Madillusionist]

Was team cashback initially but found the caps and limits too complicated to keep track. Swapped to team miles and never looked back. It's much easier to keep track of a single cap.

[NigelzXX]

For citibank miles dont expire. But the points to redeem miles or any products on their catalog do expires. Points in this case for citibank (thankyou points) can be exchange for miles to prevent it from expired. Also for citi points tho they state 5 years before it expired, what they meant is the day u start using ur card. 5 years later all ur points will expire, even if u spend on the 4th year, 1 year later still expire

[chilly]

Your points wont expire worthless, you can exchange to miles, and keep it forever

[xvingaming]

Ehhh Kel, mee siam got hum 1 meh? hahaha.. anyway great video! keep going man!

[leo.caballes]

Hello Kelvin! Great meeting you the other night! Thanks for the tip!

[dancingnachos]

Great video as usual. The miles description gave me a headache so def not for me. Thanks!

[NigelzXX]

Citibank and standard chartered ghave the most airline partners compared to the other banks which most have less than 5 partners (including exp SIA). There are cheaper airline you can redeem tix compared to SIA like EVA air or thai airways

[panfusii]

Please let me know which trading firm do you trade for options, thnaks

[owariz]

Wow this is a speculating topics between the 2 teams lol. Let’s see if other cashback supportors have anything to add 😀.

[leafmylife]

MILES~ YOU DIDN'T mention what is your preference. Interested to know!

[Foodierary]

Hi Kelvin! Thanks for the insight! Apart from cc you mentioned, I'm also using OCBC Frank card, up to 6% rebate thou there's a min $600 spending and cap at $25 for each category (eg. online / Samsung pay). But the category is wider and easier for me to fulfil.

[carnesir]

Met a friend who is from team miles and he spent his miles on SIA first class dining cause he can’t travel during pandemic loll.

Along with the frequent devaluation of miles on krisflyer there is really too much risk being on team miles.

Team cash back ftw

[chilly]

Your points wont expire worthless, you can exchange to miles, and keep it forever