EXPIRED This article relates to an offer or promotion which has now expired.
Great news if you have a bill payment coming up with a company not usually accepting credit card payment, including rent, tax bills, tuition fees and home improvement invoices, with a new offer from card payment company ipaymy.
The latest deal is for a 1.99% transaction fee, a 12% saving on the usual rate of 2.25%, while still earning miles for the payment from your credit card issuer.
It means with the right credit card you can ‘buy’ miles from just 1.22 cents each.
The offer
Schedule a payment anytime this month and apply promo code FEB199, with payment using a Singapore-issued Visa or Mastercard, to be eligible for this 1.99% rate on a one-time transaction.
Note that the charge date for your transaction must be on or before 29th February 2020.
Obviously the bigger the payment, the bigger the saving, so if you have more than one transaction to make this month – do save the code for the more expensive one!
Cost per mile
Here are some cost per mile examples for Singapore-issued credit cards under this promotional deal at the 1.99% rate (applicable to any Visa or Mastercard payment):
| Card | Miles per S$1 | Cost per mile (1.99% fee) |