Cashback vs Miles: Extra Vouchers, Miles and the Ultimate Showdown Between Both Camps
Update: Round 1 is over but stay tuned for Round 2
In the age-old debate of cashback versus miles, long-time readers will know by now that I’m a Team Value person! When asked to choose between cashback or miles, I gravitate towards cards that offer me the best value.
SingSaver is running a “cashback vs air miles” showdown, and it is at this time of great peril and contention that I have no choice but to place my flag firmly in the Team Cashback camp given the outsized value it currently gives to cardholders and consumers. Stay subscribed for more updates as this showdown plays out over the next month.
In the meantime, throw in your support for either Team Cashback or Team Air Miles (or both!) by signing up for a credit card below and enjoy extra rewards on top of the usual sign-up gifts!
Extra Vouchers For Cashback Cards
Sign up for one of the cashback cards below to support Team Cashback and get extra vouchers on top of their usual sign-up rewards if Team Cashback wins! For instance, sign up for the Citi Cash Back+ card and get S$500 eCapitaVouchers (S$400 usual + S$100 bonus) if Team Cashback wins!
The extra rewards are stackable, meaning if you signed up for all the cashback cards below as a new cardholder and Team Cashback wins, you’ll get S$370 in extra vouchers!
You can tap each card below to see the total rewards possible:
| Card | Extra Rewards |
| Citi Cash Back+ StanChart Simply Cash | S$100 vouchers |
| StanChart Smart Amex True Cashback | S$80 vouchers |
| DBS Yuu UOB One Maybank Family & Friends | S$30 vouchers |
Bonus Max Miles For Miles Cards
Sign up for one of the miles cards below to support Team Miles and get extra Max Miles on top of their usual sign-up rewards if Team Miles wins! (Remember to first sign up for a heymax account to get up to 1,000 Max Miles to begin with.)
The extra rewards are stackable, meaning if you signed up for all the miles cards below as a new cardholder and Team Air Miles wins, you’ll get 34,000 in bonus Max Miles!
You can tap each card below to see the total rewards possible:
| Card | Extra Rewards |
| Citi PremierMiles HSBC Revolution | 10,000 Max Miles |
| Citi Rewards StanChart Journey | 8,000 Max Miles |
| HSBC TravelOne UOB Lady’s Maybank Horizon Visa Signature | 3,000 Max Miles |
Terms and conditions
Terms and conditions for the campaign can be found here and you should also read through the respective terms for each product you apply for.
How does this work? Can I sign up for both teams?
When you sign up for a cashback card as a new cardholder and fulfil the sign-up requirements, Team Cashback gets 1 point. You will of course also get the usual sign-up reward of the card. Should Team Cashback prevail and win over Team Miles, you will get additional vouchers according to the table above.
This works the same for Team Miles’ cards as well, although it’s hard to see how they’d win given the anaemic value miles cards currently bring to the table.
In typical Team Value fashion, I would encourage you to hedge your bets and support both camps. By signing up for both an eligible cashback and miles card, you give points to both teams. When one of the teams wins, you will also then get the extra rewards under the winning team. Do note that you have to be a new cardholder to receive sign-up rewards, so try to apply for cards from different providers should you want to support both camps at once.
Lucky draw: return business class tickets to Zurich
Regardless of whichever team you support, you get a chance for every participating product you apply for, and a bonus chance per application under the winning team.
Stay subscribed to see results
As the battle continues over the month, stay subscribed for updates, content pieces and more great deals!
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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