By MoneyBees
What your credit card points are worth in cents per point as cash rebates, vouchers or air miles, from your bank's catalogue, and the cashback rate your card really earns.
Divide the dollar value of a redemption by the points it takes. 2,000 points for a S$20 cash rebate is 1 cent a point. For miles, multiply the miles by what each mile saves you on a real flight, take off the conversion fee, then divide by the points.
Take the cash fare of a flight you would book, less the taxes and surcharges you still pay on an award ticket, and divide by the miles it needs. A S$600 fare needing 25,000 miles and S$100 of taxes gives 2 cents a mile.
It depends on your bank's rates and how you value a mile. If you would not fly on the award seat anyway, a mile is worth less to you, and cash may win. The calculator shows both in cents a point.
Often, yes. DBS's terms dated Sep 2026 say DBS Points expire a year after they are earned unless the card's terms say otherwise, and UOB's terms dated 14 Jun 2026 say UNI$ expire after 2 years. Check your card's terms.
Many banks charge one per conversion. DBS charges S$27.25 including GST and UOB S$27, according to their rewards terms. One large conversion spreads the fee over more points.
Multiply the points you earn per S$1 by the cents each point is worth. A card earning 0.4 points per S$1 at 1 cent a point pays back 0.4%; at 3.73 cents a point, 1.49%.
Redemptions come in fixed blocks, such as 5,000 points at a time. Points below a block stay on your account until you earn more.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).