Today, I shall share with you guys the tips on Esso Smiles Points Redemption
If you do not know, Esso stations in sunny Singapore has a reward system, Esso Smiles Driver Rewards, which gives you 1 point for every litre of fuel pumped.
Esso Smiles Points, unlike Shell Escape Points, never expires so long you have pumped Esso fuel in the last 12 months! So just head to any Esso stations to pump a small amount before your Smiles Points expires, to extend the expiry date by another year!
This is also one of the reason why I prefer Esso to Shell. Superior reward system.
You can find your answers in Esso Smiles FAQ.
When will my Esso Smiles points expire?
Esso Smiles points in your Esso Smiles Driver Rewards account will not expire as long as you make at least one qualifying purchase with your Esso Smiles card or earn Esso Smiles points within 12 months from the date the last Esso Smiles point was awarded and credited into your Esso Smiles Driver Rewards account.
So now let's go back to topic.
What should I do to make the best out of my Esso Smiles points?
Should I pump exactly $30 worth of petrol or should I pump $35 so the final price will be slightly more than $30 after 14% discount (station and Citibank credit card discount)?
Should I pump exactly $30 worth of petrol or should I pump $37 so the final price will be slightly more than $30 after 18% discount (station and DBS ESSO credit card discount)?
I tried searching online and my best friend google didn't tell me anything.
How much should I pump for redemption of Esso Smiles Points for $30 worth of petrol fuel?
How much should I pump for redeeming $30 worth of petrol fuel using Esso Smiles Points?
How much to pump to redeem $30 worth of petrol fuel using Esso Smiles Points?
How much do I pump when redeeming Esso Smiles Points for fuel/petrol?
All the above questions yield no results.
So I decided to test it out myself. I went ahead to pump $36 worth of Esso petrol (I should have pumped $35 instead of $36. Don't know why my mental sum failed me that day) and made a redemption of $30 using 750 Esso Smiles Points with Citibank Cashback Credit Card.
I made a mistake when I went to the petrol station. I should have pumped $35 worth of petrol instead of $36 worth of petrol.
To make things easier, my calculation will be based on $35 worth of Esso fuel.
Volume: 17.33 litres
Discount: 14% (Site + Smiles Card + Citibank)
Amount charged to card: S$35.00 - 14% - $30 = S$0.10
Cost of petrol: S$30 + S$0.10 = S$30.10
Per litre: S$30.10 divided by 17.33 = S$1.74
Now let's see what happens if I choose to pay using the DBS Esso Credit Card which gives me 18% discount upfront instead of 14% discount offered by Citibank.
As DBS Esso Credit Card offers upfront discount of 18%, I have to pump S$37 worth of Esso fuel.
Volume: 18.32 litres
Discount: 18% (Site + Smiles Card + DBS Esso)
Amount charged to card: S$37.00 - 18% - $30 = S$0.34
Cost for petrol: S$30 + S$0.34 = S$30.34
Per litre: S$30.34 divided by 18.32 = S$1.66
The result is astounding!
To get the BEST DEAL when you redeem your Esso Smiles Points for S$30 worth of Esso fuel, pair with the DBS Esso Credit Card!
The key is to get as much discount upfront as possible.