4 Easy Tips That Can Reduce Your Honeymoon Costs

Weddings are expensive. To ensure you’ll still be able to pay for your honeymoon, consider these tips for saving money as you plan your first trip as newlyweds.

ValueChampion Editorial Team

by ValueChampion Editorial Team on May 28, 2024

tour guide couple travel

Singaporean weddings are increasingly expensive, which can potentially leave you and your partner with a smaller budget for the honeymoon. Fortunately, there are several ways to drastically reduce the costs of your first trip as newlyweds, all of which require just a bit of planning and financial savvy.

Earn a “Free” Round-Trip Flight From Your Miles Credit Card

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Perhaps one of the more expensive parts of a honeymoon is booking your flight. In fact, many popular honeymoon destinations require round-trip tickets costing from S$800–S$1.5k+ just for one person. While it’s generally known that miles earned from travel credit cards can be redeemed to mitigate such costs, with the right card it’s actually possible to cover an entire trip for two people, depending on the destination.

The key is to look for a credit card that both offers a sizeable welcome bonus and also complements your spending style. This way, you’ll earn an added boost upfront while maximising earnings from your day-to-day purchases. Travel credit cards tend to be a bit more expensive than cashback cards. Consider looking for a card that waives its annual fee for the first year in order to minimise costs (especially while you’re managing wedding expenses). Also check out the annual fee thereafter to ensure it’s achievable–some travel cards now have a S$650+ fee per year.

Compare Best Air Miles Credit Cards in SingaporeFind Out More

Leverage Savings Account Interest to Cover a Few Hotel Nights

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You might also be wondering how you can save on your hotel. While there’s always the option of staying at a hostel or AirBnb instead, chances are you can enjoy reduced rates without sacrificing on luxury or privacy. To begin with, consider opening a savings account in advance. With a S$20k opening balance and a consistent deposit of S$900 per month (about 15% of an average monthly salary of S$6k), it’s possible to earn over S$200 in half a year. This should cover at least a one-night stay at a luxury hotel, or perhaps two nights at a cheaper destination or mid-range establishment. While this won’t cover your entire stay, it can certainly cut down on your final costs.

It’s also worth mentioning that many credit cards offer promotions with Expedia, Agoda and more. Consider booking online to earn miles or cashback rewards. Alternatively, you can try your hand at negotiating room rates directly with the hotel. While there’s no guarantee, some hotels are more flexible than others, and there’s a chance you’ll be offered an upgrade even if they’re unwilling to change the final price.

Compare Best Air Miles Credit Cards in SingaporeFind Out More

Take Advantage of Free Luggage from Sign-On Deals

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Luggage can be expensive, and if you’re planning a two-week honeymoon it can be hard to pack light. Instead of immediately spending S$150–S$300+ on new bags, check out the latest credit card promotions first, to see if you can score a luggage as a welcome gift. For instance, HSBC and Maybank offer credit cards with competitive rewards rates and easy fee waivers, which makes them worth considering even beyond their luggage promotions. The DBS Altitude Visa Signature Card also has one of the lowest foreign transaction fees on the market, ranging from just 2.5% (compared to a standard 3%+).

DBS Altitude Visa Signature Card

Travel card with easy annual fee waiver.

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DBS Altitude Visa Signature Card


  • Great for online travel bookings


  • Those willing to pay an annual fee for more bonus miles
  • Affluent travellers who are willing to pay a high fee for luxury travel perks
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Don’t Forget About Dining Deals & Discounts

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Finally, credit card perks can substantially offset the cost of food on your trip. If you already have a dining credit card, chances are you have access to a broad rewards network featuring discounts at restaurants both locally and worldwide. It’s possible to save up to 50% on your bill at some locations, several of which may be top-level or Michelin-star awarded. However, if your honeymoon destination does not have such restaurants nearby, your best bet may be using a cashback card that rewards overseas dining (like CIMB Platinum MasterCard, for example). You can also save money by dining out for lunch rather than dinner (it’s often cheaper) and by trying out street food, which is often quite inexpensive.

Compare Best Dining Credit Cards in SingaporeFind Out More


Planning your honeymoon? Check out our roundup of the best credit cards in the market to offset the costs!

Compare Best Credit Cards in SingaporeFind Out More

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