CardUp and getting more buck for your money?

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Do you randomly try to look up for deals on cashback and miles? I can say that I’m a true blue Singaporean. I will try my best to always look for a good deal without going out of the way and affect my time when searching for such good deals. I’ve used this service CardUp when it first launched and the first transaction was kind of like free since it was on a promotional rate with Citibank cards.

Two years on, I still find it hard to catch on this bandwagon where you actually have to pay a fee to get rewards. But who am I to say anything about if this is a good business model. They must be around here to service a group of customers who want to buy miles or get cashback for some of their payments.

I’m not exactly the kind of guy who spends more to save more but I must say it is a good marketing strategy.

What is CardUp?

From their website: “CardUp is a credit card enablement platform, which enables the payment or collection of big expenses using credit card, in places where cards are not accepted today. Examples of payments include rent, tax, invoices, payroll and more, which are still paid by cash, cheque or bank transfer.

With CardUp, individuals and businesses can now shift these big payments to their existing credit cards. This provides an unparalleled opportunity to earn credit card rewards, access interest-free credit and digitise payments – making big payments rewarding.”

Rewards or Spend more Get More

Even until today, I still find it very difficult to see if this is a reward scheme. Maybe this is a way to get more out of spending more. I stay by my own views about credit card rewards because if you have to spend more to get more. I don’t get it. I’ll say that unless there are monetary benefits to cover the initial or some of the fees that is required, I don’t find it sensible. That said, there are the miles and cashback camp who like to make sure there are benefits for every transaction.

Don’t get me wrong, these are great strategies to get the best bang for your buck. Again, different things is just for different folks. This doesn’t really work for me. Truth be told, I am 50-50 on miles and cashback but don’t agree with paying more for it. Perhaps more selectively, a good deal is something worth paying for but not all situation.

If you really want to get on this, just drop me a note for a referral code.

Disclaimer

If you like what you are seeing, do remember to check they out and do your diligence. There is no one size fits all investment strategy.

If you like what I am sharing or if it resonates with you, do use my referral codes here at https://lifejourney.blog/contact/ for the services.

Able to write and share is my main objective is to create a community. Blogging is what I always wanted to do. Being mentally well and put down content is something I always wanted to do. Trying out new things will definitely bring one’s horizon to a different level.