The Milelion’s 2020 Credit Card Strategy

Jan 8, 2020 · The BOC SmartSaver is one of the easiest ways to earn 3.55% p.a on the first S$60,000 of your savings. There’s no need to buy any investment products or insurance; just …

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55%
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The Milelion’s 2020 Credit Card Strategy

6 days from now

Jan 8, 2020 · The BOC SmartSaver is one of the easiest ways to earn 3.55% p.a on the first S$60,000 of your savings. There’s no need to buy any investment products or insurance; just …

milelion.com

0%
OFF

The 5 Biggest Ways Credit Cards Changed In 2020

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Dec 3, 2020 · 4. Credit card companies cut back on balance transfer offers. Balance transfer credit cards with 0% intro APRs are a popular way to pay off credit card debt. However, zero …

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How To Figure Out Your Points And Miles Strategy For The Year

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Jan 29, 2021 · Now through April 30, however, cardholders can earn three points per dollar on up to $1,000 per month in grocery store purchases, and get up to $120 back on Peloton …

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$1.53
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The Milelion’s 2019 Credit Card Miles Strategy

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Jan 1, 2019 · First, they award miles based on the exact amount of your transaction, right down to the last cent. That’s to say, a $1.53 transaction would earn 2.295 miles. Second, they don’t …

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FAQs about The Milelion’s 2020 Credit Card Strategy Coupon?

Is the milelion's 2024 credit card strategy coming to a close?

2024 is drawing to a close, but the buffs and nerfs aren't. Here's the card strategy taking me till the end of the year. As we race through the final quarter of the year, it’s time for another update to The MileLion’s 2024 Credit Card Strategy, taking into account the latest buffs and nerfs on the market. ...

Why did credit card issuers reduce marketing in 2020?

For years, issuers have increased credit card marketing across digital platforms, and credit card advertising on social media is becoming more prominent, as consumers spend more time online.112 Yet in 2020, issuers reduced marketing across the board in accordance with the increased pandemic-related economic uncertainty.113 ...

What happened to credit cards in 2020?

Far fewer consumers applied for new credit cards in 2020 than the year prior. During the pandemic, existing cardholders paid off the highest share of their credit card debt in recent years. Additionally, late payment and default rates fell to historic lows, most notably for consumers with below-prime scores. ...

How much does a credit card cost in 2020?

The general purpose card cost of credit increased from 15.3 percent in 2015 to 18.5 percent in 2019, but costs declined to 17.7 percent in 2020. As discussed in more detail below, both the prior-year cost increases and the 2020 decrease were driven by broader shifts in the interest rate environment; fee costs in every credit tier have been flat. ...

What percentage of consumers hold a credit card in 2020?

As of year-end 2020, fewer than half of consumers with deep subprime scores held a credit card, while near-prime and subprime cardholding remains significantly more common than deep subprime cardholding, at 91 percent and 78 percent respectively. Cardholders carry fewer cards as of year-end 2020 than they did in 2018. ...

Is there a disparity between credit card rates in 2020?

However, throughout 2020, the measured disparity between rates by card type fell from a maximum of 2 percentage points in 2019 to closer to one percentage point in 2020. ...