Worth It? Maybank Offers Purchase of 200,000 or 400,000 Miles
Maybank is offering cardholders a chance to purchase 200,000 or 400,000 miles which are credited as soon as within 3 working days. The price isn’t cheap however, costing S$4,218 for 200,000 miles and S$8,268 for 400,000 miles.
Details
As far as I can tell, this promo is targeted which means not everyone would see this in their TREATS app. It is found in the Home tab of the TREATS app under a section called Purchase Miles.
The miles are given in the form of TREATS points. This is 500,000 points for the 200,000 miles option and 1,000,000 points for the 400,000 miles option. Cardholders can pay S$4,218 for 200,000 miles and S$8,268 for 400,000 miles. The amounts are inclusive of GST.
Cardholders will be charged within 3 working days, and TREATS points will also be credited within 3 working days. Tapping on Save to My Coupons will result in the purchase and Maybank warns that no cancellation or amendment is allowed after that.
Worth it?
Both options work out to a cost per mile of over 2 cents:
| Miles | Cost | Cost Per Mile |
|---|---|---|
| 200,000 | S$4,218 | 2.11¢ |
| 400,000 | S$8,268 | 2.07¢ |
This is costlier than paying an annual fee of S$196.20 for 10,000 miles which quite a few entry-level cards like Citi PremierMiles or StanChart Journey offer. There are also other ways that one can buy miles for a cheaper cost which we will discuss later in this article.
That said, it is usually almost impossible to buy a large amount of miles in a short period of time (aside from less orthodox ways that may put your frequent flyer account at jeopardy). The main draw for this promo would hence be convenience and having a legitimate channel to get a sizeable number of miles quickly.
At a cost of 2.07¢ or 2.11¢ per mile, here are what some destinations would cost in Singapore Airlines’ business class:
| Destination | Miles Required | Cost at 2.07¢ Per Mile | Cost at 2.11¢ Per Mile |
|---|---|---|---|
| Thailand / Vietnam (Spontaneous Escapes) | 35,000 | S$724.50 | S$738.50 |
| Japan (Saver Award) | 109,000 | S$2,256.30 | S$2,299.90 |
| Europe (Saver Award) | 217,000 | S$4,491.90 | S$4,578.70 |
It’s not terrible compared to the ticket price of these flights, but note that these are redemption flights so availability might be an issue.
Other ways to buy miles
If you don’t need so many miles in a short period of time, buying miles through other means would more than likely give you a significantly lower cost per mile.
Taking advantage of sign-up promos often get you a nice boost in miles. The following two promos also involve an annual fee for miles, which is still lower than a cost of 2¢ each:
Also, paying things like your income tax and mortgage through a payment service should get you a cost per mile well under 2 cents, provided you use the right card and promo code:
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While Maybank’s offer can give you a large number of miles in a short period of time, unless you’re really in a hurry and willing to pay the premium for it, you are likely better off getting your miles elsewhere.
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H/T: Joe
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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