January Deals: Great Start to the Year

Januarys tend to be a relatively soft month for deals – at least for the past couple of years – but January 2023 has been great. There is a whole bunch of promos and deals for most classes of products we care about, and let’s hope this keeps up for the rest of 2023.

Turnaround time for gift fulfilment

Do note that fulfilment of promos through a intermediary like SingSaver can take a few months, so apply if you are willing to wait. Usually, applying directly with the product provider can get you rewards faster, but SingSaver tends to have better promos. Moving forward, I will highlight the source of rewards more prominently.

Last chance for Citi Plus promo

Citi Plus is offering an excellent deal of S$100 when you open your account, an additional S$60 for holding a Citi credit card, and even more when you fund your account. The deal is going to be worse after 8th January, so this is the last weekend for you to grab the current promo:

Bank account promos

Aside from Citi Plus, other banking deals look good this month, and I’ve collated them over at the Savings page. Notable ones include S$188 for BonusSaver which is recently offering more than 4% p.a. in realistically achievable interest, and S$350 for HSBC EGA.

Excellent credit card deals

This month, we have three banks offering at least S$300 of sign-up promos at once. Citi is giving an excellent choice between an iPad and S$350, while StanChart is offering S$320 with no minimum spend required!

HSBC is also offering S$300 for selected credit cards, and they have been a relatively rare sight for great credit card promos so grab the deal when you have the chance.

Don’t forget also DBS and CIMB – not their highest ever promos, but both are offering S$250 sign-up gifts.

If you are willing to pay annual fees for a lifestyle card, and there are strong reasons to do so, there’s the Citi Prestige promo and the Amex Platinum Charge promo. Both sign-up offers are set to end later this month.

Last updated: 3rd February 2023

🔥 Great deal
💳 Sign-up gifts for existing bank customers

★	Cards	Rewards	Ending	Remarks	Reward Provider
🔥	Amex Cards	Up to 21,500 miles for KrisFlyer cards. 113,750 points for Amex Platinum Charge	28th February 2023		Amex or SingSaver
🔥	Citi Cards	Miles or S$350 cash	14th February 2023		Citi or SingSaver
🔥💳	Citi Prestige	Get 48,000 miles, even for existing Citi cardholders	31st March 2023	Works even for existing Citi cardholders. Great deal offsets annual fees; useful features. Read this for promo analysis	Citi
	Maybank Cards	First 4,500 applicants: Samsonite Harts 68/25 Spinner (worth S$500) 4,501 onwards: S$100 cashback	Ongoing		Maybank
🔥 💳	DBS Cards	DBS Yuu Card: $260 for new cardholders, $10 for existing DBS Taka Card: $150 cashback!! DBS Altitude: up to 43,000 miles	28th February 2023	DBS Taka and Altitude promos work even for existing DBS cardholders!	DBS
🔥	CIMB Cards	Marshall Stockwell II / S$250 Cash	28th February 2023		SingSaver
🔥	StanChart Smart	Apple AirPods Pro 2nd Gen (worth S$359) Xiaomi TV A2 HD 32” (worth $329) or  S$270 cash via PayNow	28th February 2023	Stack with Bonus$aver Account for double reward	StanChart or SingSaver
	HSBC Cards	Receive a Samsonite Prestige 69cm Spinner Exp with built-in scale (worth S$670) or S$200 cashback	30th April 2023		HSBC
	UOB Cards	S$30 from SingSaver First XXX reward from UOB	31st January 2022	UOB rarely has promos	SingSaver + UOB
🔥	Kris+	$5 Multiple promos happening in-app	Ongoing	Wallet app; no income requirement	Direct
	Big Pay	$10 cashback	Ongoing	Wallet app; no income requirement	Direct
	YouTrip	$5	Ongoing	Wallet app; no income requirement	Direct

Webull

Webull lowered their promo in the New Year, but recently changed their minds about it. You can still a generous US$150 of cash coupons if you haven’t already done so:

Cathay Pacific’s 15% bonus for miles conversion

While Singapore Air is perhaps the biggest frequent flyer programme in Singapore, it is not the only game in town. Cathay Pacific is offering 15% bonus miles when you transfer at least 20,000 miles from your bank points, and this offer is good until 31st January 2023.

While most points conversion take just a couple of days to process, it can take up to a week or two, so convert your points early as points that reach your Asia Miles account after 31st January 2023 will not accrue any bonus points.

Other promos

There are of course other deals like Kris+’s excellent Spend and Win campaign, and DBS’s 5% extra cashback promo (check your PayLah app), and we will probably see even more CNY promos happening over the next couple of weeks.

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