Accumulated UNI$

[taokay]

I got a UOB PRVI miles card 2 years back because I was told it offers a decent rewards programme. I am completely new into this sort of programme and even until now, I'm not 100% sure on how it actually works. Through these years, I have accumulated a chunk of UNI$ that has never been used nor converted to miles. A chunk of it is expiring soon and I am thinking of doing something about it. Trying to find out what do you guys do with your miles? As far as I know, there are 2 alternatives I can do with it.

1. Exchange them for miles but with the Covid situation, I'm not sure what I can do with those miles sitting there when we may not be allowed to fly.

2. Waive off bills or purchases. I'm pretty interested in this but are these waivers worthy in comparison to miles conversion?

Trying to stretch my rewards here and hopefully, I get some context from like-minded guys. The above is not exhaustive and would love to hear how you guys spend your UNI$, thanks in advance!

 

[limster]

https://pib.uob.com.sg/Rewards/Public/landing.do?token=1629204477591

 

[taokay]

https://pib.uob.com.sg/Rewards/Public/landing.do?token=1629204477591

noted on the above. Just wondering what do you guys typically do with the uni$ instead of exchanging it for miles and if it’s generally worthwhile using it for cash vouchers instead?

 

[CrashWire]

I got a UOB PRVI miles card 2 years back because I was told it offers a decent rewards programme. I am completely new into this sort of programme and even until now, I'm not 100% sure on how it actually works. Through these years, I have accumulated a chunk of UNI$ that has never been used nor converted to miles. A chunk of it is expiring soon and I am thinking of doing something about it. Trying to find out what do you guys do with your miles? As far as I know, there are 2 alternatives I can do with it.

1. Exchange them for miles but with the Covid situation, I'm not sure what I can do with those miles sitting there when we may not be allowed to fly.

2. Waive off bills or purchases. I'm pretty interested in this but are these waivers worthy in comparison to miles conversion?

Trying to stretch my rewards here and hopefully, I get some context from like-minded guys. The above is not exhaustive and would love to hear how you guys spend your UNI$, thanks in advance!

If you can redeem the $100 statement credit for 8700 UNI$, it might be worth going for if you want to avoid the trouble. The same 8700 UNI$ can be converted to 17,400 miles (with a transfer fee of $26.75), so you're cashing out at around 0.58 cents per mile excluding transfer fee. (The direct conversion would be 0.58 x PRVI's earn rate of 1.4 for 0.81% back.)

The other alternative is to transfer them via Kris+ at 85% face value, so 8,000 UNI$ would give you 13,600 miles, but you save on the $26.75 fee.

If you spend the miles using Kris+, I think they're valued at 0.67 cents per mile. The good thing is that Kris+ often runs miles back promotions, so if you time it properly, you can achieve something like 1.2 cents per mile.

But Kris+ merchants are pretty limited and often more expensive than the alternatives, so that will be one factor too.

Next time go for straight cashback.

 

[hwmook]

Miles can redeem for Capitastar so can spend in Capitamalls.

Redeem for vouchers or cash are usually not worth it at all. These kind of rewards are only good for collecting miles, the rest are poor value.

 

[taokay]

If you can redeem the $100 statement credit for 8700 UNI$, it might be worth going for if you want to avoid the trouble. The same 8700 UNI$ can be converted to 17,400 miles (with a transfer fee of $26.75), so you're cashing out at around 0.58 cents per mile excluding transfer fee. (The direct conversion would be 0.58 x PRVI's earn rate of 1.4 for 0.81% back.)

The other alternative is to transfer them via Kris+ at 85% face value, so 8,000 UNI$ would give you 13,600 miles, but you save on the $26.75 fee.

If you spend the miles using Kris+, I think they're valued at 0.67 cents per mile. The good thing is that Kris+ often runs miles back promotions, so if you time it properly, you can achieve something like 1.2 cents per mile.

But Kris+ merchants are pretty limited and often more expensive than the alternatives, so that will be one factor too.

Next time go for straight cashback.

Thanks for the insights, very helpful!

 

[Xkxkxk]

Hi Taokay, i was using this card previously, you might want to look at your past statement for the month of card issuance. They are very chaoka they don’t charge annual fees but use miles to deduct instead, it’s right at the bottom of the statement very easy to miss de.

 

[EvenSteven]

If you want the most dollars for the UNI$, try pumping petrol at SPC. $10 for UNI$600. That means $UNI60 is worth $1, as opposed to UNI$8700 for $100 which means you're paying $UNI87 for $1. The redemption is made after all discounts, so works like cash.

 

[taokay]

Hi Taokay, i was using this card previously, you might want to look at your past statement for the month of card issuance. They are very chaoka they don’t charge annual fees but use miles to deduct instead, it’s right at the bottom of the statement very easy to miss de.

Hey, thanks for this. I saw it and was shocked too. Called in but the operator mentioned that the UNI$ deducted to offset was already refunded.

I think the most chaoka part about the programme is you literally have no way to track how much you earn by way of like a statement. Also, you have no way to track expiry of your UNI$ besides using an extremely good memory or by going through the tedious wait till you get an operator to tell you.

 

[taokay]

If you want the most dollars for the UNI$, try pumping petrol at SPC. $10 for UNI$600. That means $UNI60 is worth $1, as opposed to UNI$8700 for $100 which means you're paying $UNI87 for $1. The redemption is made after all discounts, so works like cash.

Thank you for this wonderful tip! I use Shell unfortunately. Do you know of any other merchants that give good UNI$ exchange programmes?

 

[eD|t|0n]

If you want the most dollars for the UNI$, try pumping petrol at SPC. $10 for UNI$600. That means $UNI60 is worth $1, as opposed to UNI$8700 for $100 which means you're paying $UNI87 for $1. The redemption is made after all discounts, so works like cash.

Concur this is the best of the best Liao…I’m using this deal also…close to 9months of pump that is highly subsided…each pump like nett nett 36.7% disc. decked with pump card promo..

Too bad TS does Shell only…

 

[Auzz18]

I got a UOB PRVI miles card 2 years back because I was told it offers a decent rewards programme. I am completely new into this sort of programme and even until now, I'm not 100% sure on how it actually works. Through these years, I have accumulated a chunk of UNI$ that has never been used nor converted to miles. A chunk of it is expiring soon and I am thinking of doing something about it. Trying to find out what do you guys do with your miles? As far as I know, there are 2 alternatives I can do with it.

1. Exchange them for miles but with the Covid situation, I'm not sure what I can do with those miles sitting there when we may not be allowed to fly.

2. Waive off bills or purchases. I'm pretty interested in this but are these waivers worthy in comparison to miles conversion?

Trying to stretch my rewards here and hopefully, I get some context from like-minded guys. The above is not exhaustive and would love to hear how you guys spend your UNI$, thanks in advance!

I always bring it to Giants customer service counter to redeem it for Dairy Farm vouchers which can be used in Cold Storage, Giants and Guardians.
Dairy Farm $30 voucher = UNI$2,000

 

[Auzz18]

Hey, thanks for this. I saw it and was shocked too. Called in but the operator mentioned that the UNI$ deducted to offset was already refunded.

I think the most chaoka part about the programme is you literally have no way to track how much you earn by way of like a statement. Also, you have no way to track expiry of your UNI$ besides using an extremely good memory or by going through the tedious wait till you get an operator to tell you.

If you have tour monthly statement you can see the UNI$ earned for the month at the back of page 2 of statement. It also shows forthcoming expiry.

 

[taokay]

Concur this is the best of the best Liao…I’m using this deal also…close to 9months of pump that is highly subsided…each pump like nett nett 36.7% disc. decked with pump card promo..

Too bad TS does Shell only…

I might it a try since it’s a staggering 36.7% discount as you mentioned. I use Shell because of my ONE card and also because I hear Shell’s fuel is the best. I tried using SPC twice and found the fuel consumption much higher. I don’t know if it was due to my driving pattern for those 2 pumps but i guess this is a topic for another forum.

 

[taokay]

If you have tour monthly statement you can see the UNI$ earned for the month at the back of page 2 of statement. It also shows forthcoming expiry.

Thanks for that. I did not know this and I guess i’ll retract my ‘chaoka’ statement. I have always used the app to track my statements and purchases and thus, been unable to track the UNI$.

I always bring it to Giants customer service counter to redeem it for Dairy Farm vouchers which can be used in Cold Storage, Giants and Guardians.
Dairy Farm $30 voucher = UNI$2,000

That amounts to 66.67UNI$ to $1 which is definitely fantastic. Definitely something i’ll consider.

 

[ashethen]

Convert to Asia miles since they extend the expiry every 18 months if you credit or debit miles within that 18 months

 

[Xkxkxk]

Actually if you dont call in they will not refund, thats why i find it chaokar they hide at the bottom.

In any case your welcome

@EvenSteven thanks for the Petrol tip

 

[EvenSteven]

Another thing about SPC is, they are usually cheaper for the same grade of petrol compared to other retailers. Today SPC is $2.49 for their 95 RON while Shell is $2.57. That's more savings upfront on the board price. I switch around different petrol companies depending on the promo they have e.g. recently I was pumping Caltex for the whole month as they had a Safra promo. My car fuel efficiency indicator did not change at all. Maybe depends on the car you are driving.

 

[Auzz18]

I might it a try since it’s a staggering 36.7% discount as you mentioned. I use Shell because of my ONE card and also because I hear Shell’s fuel is the best. I tried using SPC twice and found the fuel consumption much higher. I don’t know if it was due to my driving pattern for those 2 pumps but i guess this is a topic for another forum.

You have one driving pattern for Shell’s fuel and another pattern for SPC fuel ?

 

[taokay]

You have one driving pattern for Shell’s fuel and another pattern for SPC fuel ?

No I dont. Just trying to say that 2 pumps from SPC should not justify that it’s an ‘inferior’ petrol and that the poor consumption could be because of my driving pattern and not the petrol itself.