Thursday, December 30, 2010

Best credit card reward program in town

It's the time of the year to check out the vouchers that you can redeem using the credit card points earned for the year!

As I use the credit cards from Citibank (Citi), Standard Chartered Bank (SCB) and Hong Kong Shanghai Bank Corporation (HSBC) more frequently than the rest, I check and compare the reward program for the respective bank and found something interesting...

To redeem the same voucher, SCB requires the fewest reward points compared to HSBC and Citi... For most of the same vouchers that these 3 banks include in their reward program, SCB requires the fewest points... followed by HSBC and lastly by Citibank!! (Note: I am calculating on reward points per $1 voucher value basis, so you can gauge which voucher is the most valued-for-points)



Comparison Chart for selected 15 items

Hmm, I think I will have to change my credit card usage to maximise my reward points... If there's any direct discount, I will use the card that offers the highest discount; if there isn't any discount, I will use SCB card to collect the reward points and redeem more vouchers =) hahaha

PS: I have compiled the required points for redemption into an Excel spreadsheet in order to ease my comparison. If anyone wants a copy, let me know and I can send to you =P

Wednesday, December 29, 2010

Vitamin ZzZ

Was looking through the photos from our recent chalet and i came across this photo...
I found this picture very very familiar... as if i've seen it a dozen times. Hmm, i wonder. So i briefly go through our chalet pictures and tadah!

Muthu about to sleep...

Muthu sleeping on a couch...

Muthu sleeping even though we are a noisy bunch playing mahjong...

Muthu sleeping though 'bleeding" from a stab wound...
Muthu sleeping under a bunch of guys...

haha, for someone i see only a couple of times a year, i think he sleeps A LOT. hahaha...

Wednesday, December 22, 2010

My latest buy... again

1 main compartment with zipper opening
1 large pocket on front in interior
Dimensions : 45x35x23 cm, 17¾x14x9 inch

I bought a red Longchamp Le Pliage travel bag last Friday at the duty free store in Melbourne City =)

Firstly, to reward myself for being such a hardworking gal for Year 2010... Secondly, becos I need another handbag for weekend in order to reduce the 'stress' on my current Coach handbag... and lastly, becos there was a storewide 30% discount at the duty free store!

Yesh, I couldn't believe my eyes when I saw the discount poster!! Usually, at the duty free store, the price is already discounted... so for that day, I would get a further 30% discount. I can't possibly give up such a good deal right??

Simple maths : AUD 108 (usual price) --> AUD 75.60 (after 30% discount) --> After conversion at AUD/SIN 1.2700 (the rate has gone up now!), it's about SGD 96.01. Very affordable right? haha

Out of curiosity, I checked out the Longchamp outlet at Ion Orchard over the weekend... and to my pleasant surprise, the retail price is SGD 222! Wow, I got the exact same bag for less than SGD 100!!

And even if I pay the usual price AUD 108 and after conversion at current forex rate (AUD/SIN 1.3100), it's about SGD 141.50... still affordable lor, when you compare to the price here...

Price Guide (if I'd remember correctly)
Small tote bag -- AUD 98
Medium tote bag with short handle -- AUD 108 (that's mine!)
Larger tote bag with the long handle -- AUD 137

The new collection of tote bag with embellishments is there as well... but I can't be sure about the prices... oops

Tuesday, December 21, 2010

KrisFlyer Membership

What is KrisFlyer?
It is a frequent flyer program offered by Singapore Airlines for travellers to earn miles based on the distance flown on its airline or on its partner airlines, and enjoy travel benefits based on the number of miles earned. Miles earned under KrisFlyer program can be redeemed for travel or flight upgrade on Singapore Airlines, SilkAir or certain Star Alliance airlines. Validity of earned miles is 3 years.

KrisFlyer offers three membership levels – the KrisFlyer membership, the KrisFlyer Elite Silver membership and the KrisFlyer Elite Gold membership. Each level of membership offers different categories of benefits with the most exclusive benefits being offered to Elite Gold members.

1) KrisFlyer member
Enrol online and make a qualifying transaction on an eligible flight on Singapore Airlines (on any booking class except V, Q, G, N or T) and SilkAir (on any booking class except V, Q, G, N, T, L or W), or any eligible transaction with other partners.

2) KrisFlyer Elite Silver member
A KrisFlyer member who has achieved 25,000 Elite miles within a 12-month period*.

3) KrisFlyer Elite Gold member
A KrisFlyer member who has achieved 50,000 Elite miles within a 12-month period*.

*12-month period is predefined according to when you initially applied for KrisFlyer membership, so travelling 25,000 miles (40,000 km) over a 12 month period may not qualify for Silver status unless it corresponds with the 12 month period assigned to you by Singapore Airlines.

Number of Miles You can Earn
Economy Class : 100% of actual miles flown
Business Class : 125% of actual miles flown
First Class : 150% of actual miles flown
Singapore Airlines Suites : 300% of actual miles flown

Elite miles can be earned by accumulating points when flying First Class, Business Class or Economy Class on Singapore Airlines, SilkAir and some Star Alliance airlines. Miles can also be earned by exchanging membership rewards or services utilized with other Singapore Airlines’ partners as listed in its official website.

Singapore Airlines flights in booking classes V, Q, G, N and T (group and promotional fares) and SilkAir flights in booking classes W and L earn no miles.

What are the Benefits?
For KrisFlyer Elite Silver:
1) 25% bonus on actual miles flown
2) Priority Reservation Waitlist and Priority Airport Standby

For KrisFlyer Elite Gold:
1) 25% tier bonus on actual miles flown on Singapore Airlines, SilkAir and Virgin Atlantic.
2) Increased Check-in Baggage Allowance (20kg, or one extra piece of baggage).
3) Priority Airport Check-in and boarding.
4) Priority Baggage Handling.
5) Access to Star Alliance Gold Lounges.

How Easy is it to Earn Miles and Redeem Free Air Ticket?...
Based on my personal experience, it's pretty hard if you are a leisure traveller (esp. since I only buy promotional fare ticket which does not earn miles... and I don't usual fly on SQ often as well...)

...and really easy if you are a business traveller (esp. if it's the company policy for employees to travel in business class when the flight duration is more than certain hours), hahaha...

Based on my estimate for a free Economy Class Saver air ticket, 2 Business Class round trips to Melbourne will earn me enough miles to Bali ; 3 trips to Bangkok ; 4 trips to Hong Kong; 5 trips to Tokyo... Hmm, don't think I'll get the chance to take Business Class flight in future lor, cos I overheard the bosses discussing about minimising travel expenses, etc... and there may be a change in company policy for employees to take Economy Class flights instead... =(

Ah, back to my old phrase... I hate business trip!