How much can you earn or save by paying your insurance through CardUp?
While there is no fixed and absolute amount you should be spending on your insurance premiums, it still is a substantial recurring expense. Even though putting them on your credit card with CardUp comes with a small processing fee per transaction, the potential rewards earned on your cards can still easily outweigh this fee.
✈️ Scenario 1: Miles
While simply putting your insurance premiums on your credit cards through CardUp might not earn you sufficient air miles for a flight, combining them with your other spend would get you a luxurious getaway for cheap!
Worth S$4,000 when redeemed for a return business class flight to Tokyo, Japan!
S$2,900 per month
S$900 per month
S$650 per month
S$200 per month
Through CardUp, you're now able to earn sufficient miles to fly to Japan on business class (worth $4,000), while paying only $1,480 in fees!
💰 Scenario 2: Cashback
Apopular cashback cardin the market is the Maybank Platinum Visa card, which gives up to 3% cashback on all online payments, CardUp spend included. Making your payments through CardUp (e.g. your monthly insurance premium of $830, and electricity bill of S$200) – should easily allow you to hit the spend of S$1,000 every month for each quarter to qualify for the maximum S$100 quarterly cashback (i.e. S$400 yearly cashback).
How to get started
CardUp makes paying your insurance premiums a breeze! Here's how you can get started setting up recurring payments in a few minutes, allowing you to spend less time making payments and more time enjoying the benefits of your cards:
Choose a pre-loaded insurance provider or add a new recipient if your provider is not listed. Fill in the relevant details, such as the provider's name and bank account number
Fill in your payment amount and details
Select your credit card, review and confirm your payment!
Your insurance premium payments should not be something that you dread each time it comes around. With CardUp, you'll be able to rack up even more rewards on your favourite credit cards, while staying insured at the same time.