Update: This promotion by SC has ended
I delayed posting on this amazing offer because it wasn’t as time sensitive as some offers (or so I thought). I wanted to get my hands on this card so that I could review it thoroughly. It is really unfortunate that on the day I unboxed my card, hints of a reduction in bonus miles seem to be on the horizon. Word is that 31st July (today) is the last day under the “old promotion”.
Nevertheless, here is my personal review and take on this card. I applied for my card last week and my card got accepted on the same day. The application was really swift and I was really impressed with how quick it got processed. Click here for the link to SCB’s Infinite X website.
Basic income needed for this card is:
- $80,000 (Singaporean)
- $30,000 (SCB Priority banking customer)
- $60,000 (Foreigner residing in Singapore)
If you’ve not already heard about this card, let me break it down simply. You’ll get:
- 30,000 Miles with a compulsory annual fee of $695.50
- 70,000 Miles for spending $6,000 within the first 60 days of card activation (spending no later than 31st October 2019)
At roughly $700 for 30k miles, you’re paying $233 for every 10k miles.
This is slightly more pricey than paying the annual fee of $192 for 10k miles for both Citi PremierMiles Visa CC and DBS Altitude Visa CC.
Would I still sign up for this card without the bonus miles? I absolutely would. $233 per 10k miles isn’t fantastic value, but it is still worth it to me as I’ve changed my travel pattern to utilise Kris flyer’s Spontaneous Escapes which offers 30% off SIA Krisflyer’s saver awards.
These days, I have stopped chasing every single mile as I already have a decent stash. It’s also a tiring process. Nevertheless, I do hope to consolidate some simple strategies in the near future if you’re a budding miles chaser.
Spending $6,000 for 70k bonus miles within two months of activating the card is no small sum for a person who earns close to the median wage, but I won’t pass on this once in a lifetime offer.
Every dollar from that compulsory $6k spend is roughly 12.8 miles (Don’t forget the 1.2 base miles generated from the $6k spent). The last time a promotion like this happened was Ikea’s 12 Mile per $1 promo. 12.8 miles per $1 is absolutely epic in my opinion!
Do take note that there are quite a number of exclusions to the spend list:
Aaron from the Milelion (also my unofficial “Shi Fu”) has listed in extensive detail of all exclusions.
SCB’s X Card benefits:
- It is a metal card like my MCO Visa Card . It can be used to hold paper down!
- 1.2 Mile per $1 spent (This would be classified under a general spend card)
- Two complimentary Priority Pass Airport Lounge visit each year. I’ve written a number of reviews which can be accessed here and here.
- Complimentary travel insurance coverage of up to $1,000,000.
Points earned on the card are known as 360° reward points. The points have no expiry date and can be converted in minimum books of 2,500 points (1000 miles). As each conversion cost $26.75, I would convert only in large amounts at a time.
At the moment, I know one can definitely convert the reward points to Krisflyer miles. I will update this post in time to come.
