UOB Lady's Credit Card - Up To 10 Miles Per Dollar Here To Stay

What happened?

The credit card rewards scene in Singapore has been brutal, with nerfs hitting my go-to cards one after another and affecting my entire miles strategy. 

Finding a solid earn rate is rare these days. But one combo is still standing strong: the UOB Lady’s Credit Card and UOB Lady’s Savings Account, offering an impressive 6 miles per dollar (mpd) to 10 mpd when paired. 

Best news is, UOB has officially confirmed that this once-limited promo is now here to stay! 

While most cards are scaling back on rewards, this move makes UOB one of the few remaining banks in the market giving such accelerated miles. 

No wonder it’s called the Unstoppable Pairing!

Read on to find out why I’m keeping this combo in my miles-earning strategy and how I’m maximising its rewards on my spending.

Up to 25X UNI$ per S$5 (10 mpd) is here to stay

UOB actually offers two versions of the Lady’s Credit Card – the UOB Lady’s Card and the UOB Lady’s Solitaire Card. 

Both let you earn 10X UNI$ for every S$5 spent, which works out to 4 miles per S$1 on your preferred rewards category(ies).

You get to pick from seven bonus categories: Dining, Travel, Fashion, Beauty & Wellness, Family, Transport, and Entertainment. 

There are several key differences between the two cards. 

The UOB Lady’s Solitaire Card has a higher income requirement and lets you pick two rewards categories instead of one. 

It also comes with a higher spending cap of S$2,000 per month at 4 mpd, while the UOB Lady’s Card is capped at S$1,000 per month. (more spend cap = more accelerated miles you can earn)

Now, 4 mpd is already a solid earn rate in our current credit card landscape but here’s where things get even more interesting: you can boost it to earn up to 25X UNI$ per S$5 spent or 10 mpd when you pair the card with the UOB Lady’s Savings Account.

How? By depositing at least S$10,000 into the UOB Lady’s Savings Account and maintaining that balance, you earn at least an additional 5X UNI$ for every S$5 spent or 6mpd in total. 

The more you keep in there, the higher your miles earn rate. 

If you have an average monthly balance of S$100,000 or more, you can hit a whopping 10 mpd on your UOB Lady’s Card.

Let’s see the Unstoppable Pairing in action

After doing the math, I realised this combination could really boost the speed of my miles accumulation. 

Here's how I've set it up:

I opted for the UOB Lady's Solitaire Card since I qualified for the minimum income requirement and my monthly spending justified the higher tier. 

This allowed me to select TWO rewards categories. I chose Travel and Dining because these are the categories I spend on the most, maximising my earn rate to 4 mpd, with a combined cap of S$2,000 monthly spending across these categories.

Now comes the kicker. 

I opened a UOB Lady's Savings Account and parked S$10,000 in it. 

This immediately boosted my earn rate from 4 mpd to 6 mpd in those same categories.

Here's what this meant for my annual miles accumulation:

That's an extra 48,000 miles per year.

Weighing the opportunity cost on my savings

Of course, I had to consider the opportunity cost on my savings. 

The UOB Lady's Savings Account only offers 0.05% p.a. interest, which is admittedly not enough for me in today's high-interest environment.

By parking S$10,000 there instead of in my 3% p.a. high-yield savings account, I'm "losing" about S$300 in interest annually.

So it begs the question here, how much is a mile worth to me? 

Let’s look at it from the perspective of the redemption value of a business class award ticket. 

Given that a one-way business class savers ticket to Tokyo costs 52,000 miles, and business class tickets are typically priced around S$2,500, the value of 1 mile in this scenario is then 4.8 cents (S$2,500 / 52,000 miles). 

In this case, my additional miles 48,000 is worth $2,307! This covers more than 90% of my ticket price. 

For my travel goals – primarily business class redemptions for long haul flights to Europe and North Asia – this math makes sense for my wallet (and my luxury wanderlust soul).

What would Beansprout do?

If you're someone like me who:

• Already spends consistently in any of the bonus categories
• Prioritises miles accumulation
• Can afford to park at least S$10,000 in the UOB Lady’s Savings Account 

Then using the Unstoppable Pairing of the UOB Lady’s Card and UOB Lady's Savings Account is an excellent strategy to start or keep racking up miles.

To me, it's a bright spot in an otherwise dismal miles landscape.

For the men reading this  – you can now apply for the UOB Lady’s Savings Account to accelerate your miles earned too. 

And now, there’s even more reason to take advantage of this powerful pairing.

In celebration of International Women’s Day, UOB is offering exclusive rewards for both new and existing customers from 8 March to 30 April 2025:

• Stand to win amazing prizes just by being a customer: Simply hold both a UOB Lady’s Credit Card and UOB Lady’s Savings Account to be automatically entered into a lucky draw, where you stand a chance to win an Éclat KNOT Alone® Double Pave Bangle worth S$520 or a pair of Gentle Monster PHANTOM-01 Sunglasses worth S$490.
• Exclusive gifts for new sign-ups: Be one of the first 150 customers in each qualifying round to receive a Bespoke Puffy Bag with Rose Leather Charm worth S$98 by reBynd when you apply for a UOB Lady’s Savings Account and deposit S$5,000 in new funds. Plus, enjoy up to S$160 cash when you pay bills and credit your salary and dividends with UOB.
• Spend in style: Spend a minimum of S$6,000 on your UOB Lady’s Credit Card between 8 March to 30 April 2025 and receive a S$250 Sephora Gift Card. This offer is limited to the first 280 eligible cardmembers and requires registration.

Sign up now to unlock extra miles (and other perks) with the Unstoppable Pairing.

Disclaimers: Terms and conditions apply. Insured up to S$100k by SDIC.