Singapore digital bank Trust Bank has added a miles option to its Freedom credit card, expanding the card’s rewards choices beyond cashback and stockback.

Customers who select Trust Miles can earn 1.3 miles per Singapore dollar on eligible local and overseas spending, with miles awarded for every S$5 spent and no cap on the total miles earned. Trust says the card continues to carry no annual fee and no foreign transaction fee.

Miles join stockback and cashback

The new option gives Freedom cardholders a choice among stockback, cashback and miles depending on how they want to use their rewards. Trust launched stockback on the Freedom card in August, positioning investment rewards alongside more conventional card benefits.

Trust Miles can be converted instantly at a 1:1 ratio into KrisFlyer Miles or Max Miles from HeyMax. Trust says the Max Miles route can provide access to more than 25 airline and hotel loyalty programs through HeyMax.

The miles remain valid for three years, giving customers a longer redemption window than some short-term promotional rewards.

Launch offer targets new cardholders

Trust is also running a launch promotion for new Freedom credit-card customers who select Trust Miles as their initial reward and meet spending requirements within 31 days of approval.

Customers can receive 20,000 Max Miles after spending at least S$1,000, 50,000 Max Miles after S$5,000, or 100,000 Max Miles after S$15,000. The promotion runs through October 31, subject to the bank’s terms and conditions.

The launch adds another travel-oriented rewards proposition to Singapore’s competitive credit-card market while retaining Freedom’s zero foreign-exchange fee structure for overseas spending.

Maya lets eligible cardholders share one credit limit across two cards