New BFF: Chocolate Finance x Heymax - Earn 2 Max Miles per S$1

If you've not heard of Chocolate Finance and Heymax, here's the deal:

As of 11 Feb 2025, Chocolate Finance is partnering with Heymax to allow 2 max miles per $1 through their Chocolate Visa Platinum Debit Card. We can now earn 2 Max Miles per S$1 spent on virtually everything - charitable donations, education, hospitals, insurance premiums, utilities, and even AXS transactions.

What is Chocolate Finance?

Chocolate Finance has been my sidekick saving account since Jul 2024 where I placed $20k for 3.3% p.a. on the first S$20,000.


So far, I've earned $454.98. Not too bad for an account that allows easy and immediate withdrawal. 



What is Heymax?

Heymax is a rewards platform that offers Max Miles which can be transferred to various airline (excluding SQ) and hotel programs, making them highly valuable for travelers. 

I've been using it for the past year as it helps maximise rewards on my credit cards by recommending the best card to use. Simply key in the cards you have on hand and it will recommend the ideal card to use for maximizing your rewards, based on the Merchant Category Code (MCC).

It also has this amazing feature where it tracks my card spending but this is currently limited to Visa cards only.


It is also similar to shopback, but provides rewards in terms of miles, not cashback. Take a look at some of the maxmiles I've accumulated:

In fact, max miles can be used to redeem for various gift cards, making it almost like cashback!

How It Works and Perks

  • Sign up for a Chocolate Finance account if you've not - pls consider using my referral here: https://share.chocolate.app/nxW9/9h8vp9v8 where I would receive $5 for your sign-up.
    • Pls note this is an app and it's very user friendly.
    • You can enjoy 3.3% p.a. on the first S$20,000
    • Returns are credited daily. 
    • There’s no lock-in period, and funds can be withdrawn anytime.
  • Register for their Chocolate Visa Platinum Debit Card in the app. Registration is instant - you will receive digital card immediately. For physical card, you may request and receive it in a few weeks.
    • The card has no minimum income requirement and no annual fee. It's worth noting that this is a debit card, not a credit card, so you'll need to put money into your Chocolate Finance account before spending.
    • For the first S$1,000 of spending per calendar month, you get to enjoy the 2 Max Miles per S$1. For any amount above S$1,000, it will be 0.4 Max Miles per S$1.
    • I will be using it for my monthly charity donation, insurance premiums and AXS transactions
  • Sign up for heymax account if you've not - pls consider using my referral here: https://heymax.ai/?referral_code=5A5EAA2D where you would receive 200 max miles upon sign up with this link, and 50 max miles as you completed the onboarding.
    • Enter Chocolate Visa Debit Card into your account and key in the details to link your card.
    • Thereafter, you just need to transact using your debit card and maxmiles will be credited!

I know good deals typically don't last....Hopefully this deal doesn't run out of steam too soon!

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