I’m feeling generous lately!

If you think that only miles cards are used by travel hackers, then you shouldn’t really be writing about the topic. People who are serious about collecting miles know that we rely on a variety of credit cards, each that will reward certain category of purchases (such as dining, electronics, online and travel etc) with a specific number of reward points.

While we usually have a general idea of what to do in specific circumstances, rules may not always be so clear-cut or we may forget that certain exclusions apply. Take OCBC Titanium Rewards Card, for example. It awards 10x OCBC$ for specific spending categories and merchants, such as IKEA.

While OCBC Titanium Rewards will earn 10x OCBC$ for shopping at IKEA for furniture (MCC 5712), it does not do so at IKEA Restaurant that serves the delicious Swedish meatballs (MCC 5814).

In case you haven’t figure it out yet, MCC is the only single most important thing that matters. A wrongly-tagged MCC or a poorly thought-out promotion could be the key to an legit opportunity that creates tens of thousands of dollars of manufactured spending. No, don’t ask me about manufactured spending. These things are very rare in SG and yes, I’ve seen some situations that people can exploit – even though I haven’t done so myself yet.

So. Dexter and the team behind WhatCard have basically created a free tool that is intuitive and simple to use. Simply use the search function at the website to look for the merchant to obtain the corresponding Merchant Category Code (MCC), which is basically what banks use to determine how many points are awarded.

For each merchant/store, you will get to see the respective rewards (see above IKEA example) given by various cashback and miles cards in Singapore. Cool, right?

As far as I know, data is being collated in three different ways rights now –

  1. Crowd-sourced lists like those spreadsheets we find on HWZ
  2. Terms & conditions of credit cards
  3. The team’s own transactions

As you can see, this is manual and very hard work – which is why I hope more people can make good use of the good work they have done. Of course, do note the beta status of the website and understand that not every piece of information is accurate.

The cool thing about it being a community driven website is that we’re all free to chip in and help make the information better. There’s a forum that you can use too.

The next time you’re wondering which credit card to use for a purchase? Check out WhatCard before buying! I like what they’re doing. Maybe you would too.

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