I am newly graduated and planning for my wedding/ honeymoon in 18 months, should I go for a cashback or miles card?
Most university graduates like me prefer a cashback card because it can help with cash flow and savings but what if my aim is for a wedding/honeymoon for example in 18 months’ time then would a miles card be a better option?
Products mentioned in this forum:
DBS Altitude VISA Signature
DBS Altitude Card: The fastest way to fly is for those consumers who want to avoid annual fees but still earning miles. The annual fee will be waived if every year you spend of S$25,000. Seeking a miles card with respectable rewards rates and a variety of travel perks but without an annual fee.41
It depends on your preferences and if you can hit the minimum spending requirement to enjoy the benefits they offer. I personally use the DBS Altitude card as it has absolutely no minimum spending, and I get free airport lounge access. The DBS Altitude miles also do not expire. Since you are fresh out of school I assume you earn about $3, 000 averagely and inn that case the best savings account would be the DBS Multiplier.