Eat well, travel often. In our opinion, this should be the motto by which you should live your life. In fact, according to a survey on credit card usage behaviour conducted by Bankbazaar Singapore, respondents below the age of 45 stated that the one benefit they looked for in a credit card was the air miles they could accrue on their spends.
With the UOB PRVI Miles Card recently lowering its minimum income requirement from 80K to 30k, there’s no better time to start collecting air miles. According to UOB, using their PRVI Miles Card, which comes in 3 variants – American Express, Mastercard, and Visa – is the easiest and fastest way to earn miles.
Let’s see if this indeed is the case.
Who is the UOB PRVI Miles Credit Card for?
- People who have a high monthly expenditure and want to earn miles on all of their spends and at a high earning rate.
- People don’t care as much about travel benefits like complimentary lounge access
Key benefits of the UOB PRVI Miles Credit Card
- Earn 6 miles for every S$1 that you spend on travel bookings with UOB Travel, Agoda and Expedia
- Get 2.4 miles for every S$1 spent in a foreign currency
- Receive 1.4 miles for every S$1 that you spend locally
- No minimum spend and no spending cap
Beyond your daily spends, how can you earn more miles?
The miles earning rate on the UOB PRVI Miles Card is already one of the highest in Singapore for non-promotional rates. But you can still earn more miles if you use Kaligo to make hotel bookings (until 31 December 2018). Kaligo bookings earn you 10 miles for every S$1 spent.
Another way is to use the UOB PRVI Miles American Express Card. If you spend S$50,000 or more annually, you earn 20,000 loyalty miles. Not just loyalty miles, but meeting this spend requirement also gets you an annual fee waiver post the complimentary 1-year waiver.
Also read: Where Can You Go With Your KrisFlyer Miles?
What other benefits do you get?
Complimentary travel insurance
Apart from high mile earning rates, you are also protected when you travel. The complimentary travel insurance provides up to S$1 million coverage and provides protection for both you and your spouse.
Complimentary airport transfers for UOB PRVI Miles American Express Cardmembers
American Express cardholders of the UOB PRVI Miles Card can also travel to Changi Airport in style, with 2 complimentary airport transfers every quarter. Of course, this does come with a catch. To be eligible for this transfer you will have to spend a minimum of S$1,000 on overseas transactions in the same quarter.
A dedicated hotline for travel assistance
So, you’ve got the miles and the travel insurance. All that is left to do is plan your holiday, the bookings, the car rentals and everything else in-between. Sounds tiresome? Not to worry. UOB’s PRVI Travel Butler Service will take care of everything. The only thing you need to worry about is if you should relax now or wait until your vacation to relax. Not a bad problem to have, if you ask us.
You may also like: How to Book Cheap Flight Tickets for Your Vacations
What’s the sign-up bonus like?
Until 31 July 2018, you can earn up to 10,000 miles once your application is successfully approved. However, we don’t like the way UOB phrased the terms as it makes getting your sign up bonus miles dependent on luck.
If you are among the first 2,000 members who charge at least S$6,000 to your card by 31 July 2018, then and only then will you be able to earn the 10,000 miles sign-up bonus. If you are an existing UOB cardholder, then you only earn 2,000 miles if all the conditions are met.
What has changed since the revision of the terms and conditions
As mentioned earlier, the income requirement has been slashed. But that isn’t the only thing that has changed. Previously, the PRVI Miles Card gave cardholders Visa Infinite benefits. However, with the decreased income requirement, UOB has since officially termed at as a Visa Signature Card.
This really isn’t a cause for concern, however, since most offers available to Infinite cardholders have also been extended to Visa Signature cardholders. Such as the Hilton Honors Visa Fast Track offer.
Drawbacks of the UOB PRVI Miles Card
High miles earning rate, no minimum spend and no cap on the miles that you can earn. This does sound like the best card for travellers, doesn’t it?
UNI$ have 2 years validity
As much as we’d like to say that it is the perfect card, it isn’t without its flaws. For starters, the UNI$ earned expire in 2 years. So, that gives you a very brief window to accumulate your points. Hence we think you need to be a fairly high spender to be able to make this work. Or if you have several other UOB credit cards that you can pool the points with.
UNI$ awarded in blocks of S$5 spends and rounding down of your points
What else? Well, like most card issuers, UOB rounds down their points. But here is where it becomes problematic. UOB doesn’t prorate its points and you need to spend a minimum of S$5 to earn any UNI$ on a transaction. So, with a mile earning rate of 1.4 miles per dollar, an S$8 spend will be rounded to S$5. This should mean that you earn 7 miles right?
Nope. Not quite.
What UOB does is something called double rounding. So, your S$8 transaction is rounded down to S$5 first, which gives you 3.5 UNI$. This is further rounded down to 3 UNI$. So, you are technically earning 1.2 miles per dollar. Which means, for an S$8 transaction, you have earned 6 miles. Don’t believe us? Here’s a snapshot from the T&C:
There’s also the fact that UOB PRVI Miles Visa and Mastercard cardholders are rewarded with SMART$ rebate at SMART$ merchants instead of UNI$, while American Express cardholders always earn UNI$. So, for Amex users, earning UNI$ becomes easier. However, some of us may feel that American Express cards aren’t as widely accepted in Singapore, particularly in the heartland shops.
So, which card is better? UOB PRVI Miles vs DBS Altitude Card and Citi PremierMiles Card
|Category||UOB PRVI Miles||DBS Altitude Visa Signature Card||Citi PremierMiles Card|
Miles Earned on local spends
|1.4 miles per S$1||1.2 miles per S$1||1.2 miles per S$1|
Miles Earned on overseas spends
|2.4 miles per S$1||2 miles for every S$1||2 miles for every S$1|
Cap on Points
|–||3 miles for every S$1 is up to the first S$5,000 per month on online flight and hotel transactions||–|
Expiry of Points (points are converted to miles)
|2 years||No expiry||No expiry|
Complimentary Travel Insurance
Complimentary Airport Lounge Access
|No||2 passes per year||2 passes per year|
Keep in mind that the expiry dates are for the points earned. Once they are converted to air miles, their validity will be as per the terms and conditions set by the airline.
Plan your holiday: Top 6 Destinations to Travel From Singapore Between August and October
Here’s our verdict
So, do we think that the UOB PRVI Miles Card is in fact miles above the rest? Well, we do. And here’s why.
With the UOB PRVI Miles Card, the key reason to get this is for the ability to earn miles very quickly. Both on local spending and overseas spending, this card is a winner.
The downside, however, is the fact that your UNI$ have a 2-year validity period. The DBS Altitude Card and the Citi PremierMiles Card come out on top with no expiry on the points earned.
This card is also one of the more expensive cards in terms of its annual fee.
If you use your credit card for your daily transactions or travel frequently, we recommend that you get the UOB PRVI Miles Card. It is definitely one of the better travel credit cards out there, by a mile!
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