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HomeTravel Tips & GuidesTravel Credit CardsUOB PRVI Miles Card Review (2024)

UOB PRVI Miles Card Review (2024)

The UOB PRVI Miles Card may initially seem like an entry-level option, but its true value shines for high spenders or families with significant annual expenditures exceeding S$50,000. Even if the minimum spending threshold for loyalty miles isn’t met, this card offers attractive miles-per-dollar (MPD) rates and travel benefits, making it a compelling choice for savvy consumers.

Updated: 29 Feb 2024

uob prvi miles card

Pros:

  1. Card Versatility: Available in Visa, Mastercard, and American Express variants, offering flexibility to suit cardholders’ preferences and acceptance worldwide.
  2. Above-average MPD Rates: Competitive local and overseas MPD rates enhance mileage accumulation potential, especially for frequent travelers and big spenders.
  3. Complimentary Travel Insurance: Cardholders benefit from complimentary travel insurance coverage, providing peace of mind during trips.
  4. Generous Travel Spend Rewards: Earn an impressive 6 MPD for travel expenses, including major airlines and hotels worldwide through Expedia, Agoda, and UOB Travel, amplifying rewards for travel-related transactions.

Cons:

  1. Less Ideal for Small Transactions: The card may not be optimal for smaller transactions due to miles earning in blocks of S$5 spending, potentially leading to fewer miles accumulation for frequent small purchases.
  2. Limited Exclusive Travel Perks: Lacks exclusive travel perks or airport lounge access, which are commonly offered by other premium travel cards in the market.
  3. Preference for American Express: The best loyalty perks are exclusive to American Express cardholders, with Visa and Mastercard users missing out on certain benefits.
  4. Exclusion from UOB$ Merchants: Transactions with merchants participating in the UOB$ Program do not earn miles, potentially limiting rewards potential for everyday spending at these outlets.

Current Promotion:

New applicants can earn up to 50,000 miles by fulfilling specific spending criteria within the first two months from card approval date, along with additional miles for overseas spending, making it an enticing offer for new cardholders.

Eligibility Requirements:

  • Age: 21 and above
  • Income Requirement:
    • Singapore Citizens or Permanent Residents: Minimum S$30,000 p.a.
    • Foreigners: Minimum S$40,000 p.a.
    • Alternatively, a fixed deposit collateral of at least S$10,000 can be utilized.

Fees and Charges:

  • Annual Fee: S$259.20 (inclusive of GST) for the principal card, with a one-year fee waiver. Two free supplementary cards are provided, with subsequent cards incurring a fee.
  • Standard credit card charges apply, including late payment fees, minimum monthly payment requirements, overlimit fees, foreign transaction fees, cash advance fees, and lost card liability charges.

The UOB PRVI Miles Card offers competitive MPD earn rates across various spending categories:

  • Local Spend: 1.4 MPD
  • Foreign Spend: 2.4 MPD
  • Travel Spend: 6 MPD on major airlines and hotels worldwide via designated platforms

Cardholders also benefit from welcome offers, loyalty rewards (exclusive to American Express), complimentary travel insurance, and other perks such as UOB Travel Butler services.

Downsides:

  1. Miles Awarded in Spending Blocks: Miles are earned in blocks of S$5 spending, potentially resulting in fewer miles accumulation for smaller transactions.
  2. Exclusion from UOB$ Merchants: Transactions with merchants in the UOB$ Program do not earn miles, impacting rewards potential for everyday spending at these outlets.
  3. Limited Travel Perks: The card lacks exclusive travel perks commonly offered by premium travel cards, potentially making it less appealing for frequent travelers seeking additional benefits.
  4. Preference for American Express: The most lucrative loyalty rewards and annual fee waiver are exclusive to American Express cardholders, potentially disadvantaging Visa and Mastercard users.

Comparison with Competitors:

The UOB PRVI Miles Card offers competitive MPD earn rates compared to other entry-level travel cards in the market. While it may lack certain exclusive perks, its versatility, generous rewards structure, and welcome offers make it a viable option for individuals seeking to maximize their miles accumulation.

Target Audience:

The UOB PRVI Miles Card is best suited for:

  • High spenders or families with annual expenditures exceeding S$50,000, maximizing rewards potential and benefits.
  • Cardholders who prefer American Express and can leverage exclusive loyalty rewards and benefits.
  • Travel enthusiasts who frequently use designated platforms for bookings, benefiting from enhanced MPD rates for travel expenses.
  • Individuals who prioritize mileage accumulation and travel benefits over exclusive perks such as airport lounge access.

In conclusion, while the UOB PRVI Miles Card may have certain limitations, its competitive rewards structure, flexibility, and travel benefits make it a compelling choice for discerning consumers seeking to optimize their spending and maximize their miles accumulation for travel rewards.

Remember also to check out 2024 Best Miles Cards in Singapore

Frequently Asked Questions

Can I apply for the UOB PRVI Miles Card if I don’t meet the income requirements?

Yes, alternatively, you can utilize a fixed deposit collateral of at least S$10,000 to meet the eligibility criteria.

Are there any annual fee waivers available for the UOB PRVI Miles Card?

Yes, there is a one-year fee waiver for the principal card. Subsequent cards may incur fees.

How can I maximize miles accumulation with the UOB PRVI Miles Card?

Focus on major spending categories such as travel expenses to earn higher MPD rates. Additionally, be mindful of transactions with merchants participating in the UOB$ Program, as they do not earn miles.

What are the exclusive benefits available for American Express cardholders?

American Express cardholders enjoy additional loyalty rewards, such as airport transfers and annual fee waivers, which are not available to Visa and Mastercard users.

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