Andrea Larice YapWe all dream of the perfect luxury getaway to dreamy, faraway destinations. The biggest hindrance? The splurging that comes with doing so, which is sure to stretch your bank account.
That is why planning for such a vacation usually takes more time and requires more effort to save up for. So, why not start planning and saving up now for a “Treat Yo’ Self” holiday where you can enjoy guilt-free spending and indulging?
Of course, before you do so, planning your trip starts with knowing which destinations to travel to. Here, we round up some of the top luxury travel destinations along with some smart money-saving tips for that much-deserved dream getaway!
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Want to make your dreams of luxury travel a reality? Start saving up and saving more with DBS! |
Also read: Travel in Style for Less: How to Make Frequent Flyer Miles Work for You
Best luxury travel destinations around the world
1. Europe
(L-R): Gamla Stan, Sweden; Lofoten Archipelago, Norway | Image credit (L-R): Aliaksei Skreidzeleu; Tobias Bjørkli via Canva Pro
For discerning travellers seeking indulgent and unique adventures, Europe is nothing short of an exquisite destination for your dream luxury vacation. Look forward to a treasure trove of pristine natural landscapes and upscale cities while experiencing the rich heritage and culture each country and city have to offer.
From the spectacular fjords of Norway and the astonishing glaciers of Iceland to the medieval castles of Sweden and the sophisticated old towns of Denmark, Europe has something for travellers looking for bespoke experiences. A haven of opulence and world-class wonders, London (aka The City of Royals), is not one to be missed, too!
2. Asia
(L-R): Burj Al Arab, Dubai, UAE; Tokyo Tower, Tokyo, Japan | Image credit (L-R): Gagliardi; Pharaoh_EZYPT via Canva Pro
Asia has emerged as a captivating and sought-after destination among luxury travellers, thanks to its gourmet cooking, upscale accommodations, and unparalleled hospitality.
Dazzling cities like Dubai boast internationally acclaimed attractions like Miracle Garden and Burj Khalifa, the tallest building in the world.
Japan, too, has long established itself as a premier destination for a luxury holiday, offering a range of exclusive experiences. Step into a world of ancient traditions, contemporary innovation, and refined service culture, all of which leave a lasting impression on high-end tourists.
3. Antarctica
Image credit: Cassie Matias
One of the most captivating yet unspoiled luxury travel destinations in the world, Antarctica has drawn in travellers for its exclusivity and extraordinary natural beauty.
While it is often associated with its rugged glaciers and ice-clad landscapes, the continent also offers unparalleled adventures for curious explorers. Those seeking a luxury holiday here can embark on exclusive expedition cruises aboard state-of-the-art vessels or unwind in an upscale outdoor retreat with cosy accommodations.
Antarctica’s wildlife is certainly not to be missed; experiencing intimate encounters with penguins and seals is a regular occurrence here! Truly, only a few can compare to this frosty wonderland.
4. Africa
Hot air balloon ride over The Serengeti National Park, Tanzania | Image credit: nicolamargaret via Canva Pro
For your luxury tropical holiday, look no further than Mother Continent: Africa! From expansive savannahs to lush rainforests and pristine beaches, African countries offer a unique combination of natural beauty and cultural richness.
Jetsetters can experience exclusive safari tours in Botswana, unwind among Tanzania’s luxurious lodges, or explore the majestic wildlife treasures of Kenya like the Maasai Mara National Reserve.
Money-saving tips to make your luxury travel happen
1. Get an air miles credit card
Image credit: DBS Singapore
The easiest money-saving tip that can help you make your holiday to a luxury travel destination possible? Getting an air miles credit card to earn special benefits and privileges from your travel spend! For instance, the DBS Altitude Card rewards you with up to 10 miles for every S$1 you spend on online flight and hotel transactions as well as up to 2.2 miles per S$1 on retail spend.
Likewise, the DBS Woman’s World Credit Card does just that and more! This credit card lets you get up to 10 times more DBS Points (four miles per S$1 spent) on online and overseas purchases. That means you can shop til’ you drop while accumulating DBS Points to redeem air miles, shopping discounts, and dining vouchers. Simply put, an air miles credit card like the DBS Altitude Card and DBS Woman’s Credit Card lets you save up (and save more) for that luxury vacation by offering you incredible discounts and rebates!
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New to the DBS Altitude Card? Gain up to 40,000 miles when you sign up by 30 Sep 2023! |
2. Set up a multi-currency account
Opening a multi-currency savings account like DBS Multiplier is another great way to prepare for your luxury travel. This will come in handy, especially if you’re planning to visit destinations that use one of the 12 different currencies offered. Additionally, you can save more and grow your money as the account offers a competitive interest rate of up to 4.1% per annum (with no minimum amount required).
Want to spend and travel like a local? Link your DBS Multiplier Savings Account to your DBS Visa Debit Card as the primary debiting account, and get access to 11 foreign currency pockets for your convenience! When you spend using your linked DBS Visa Debit Card overseas, your foreign currency transactions will be debited directly from the respective foreign currency pocket in your DBS Multiplier account.
Aside from offering seamless transactions, you can do a foreign currency exchange whenever an opportune moment arises. That way, you also capture opportunities that arise from exchange rate fluctuations.
3. Generate more savings through investments
Unfortunately, relying on your savings alone may not be enough to achieve your luxury vacation budget goals. If you are planning ahead for a holiday in the coming months or year, one way to maximise your savings is to consider conservative investment products, which are lower risk and less volatile.
If you are looking to invest to generate higher returns compared to regular cash deposit rates, DBS digiPortfolio’s SaveUp Portfolio is an option to consider.
Alternatively, you can consider setting aside your savings in SGD Fixed Deposits and/or FCY Fixed Deposits.
Opening a DBS Fixed Deposit Account lets you set aside a sizable amount of money; this money is then locked in for a fixed period of time. In return, this account allows for higher returns on your idle funds than the base 0.05% offered on most regular savings accounts.
4. Staying protected helps you save in emergencies
Planning for your luxury travel is not limited to your budget and itinerary. Of course, the last thing on your mind is the possibility of something untoward happening. However, it is important to be ready for anything unexpected and safeguard your adventures with travel insurance. Stay covered with TravellerShield Plus, your safety net for a range of travel-related risks and common claims!
Travelling to far-flung destinations for your luxury holiday? The TravellerShield Plus assures you comprehensive coverage for COVID-19, overseas medical expenses, journey cancellations, and loss or damage to personal items. As a responsible globetrotter, always remember: With great adventures come great risks.
So, are you ready for that much-deserved vacation among these luxury travel destinations? With these smart money-saving tips, you’re one step closer to making your dreams of luxury travel a reality. Explore these financial opportunities offered by DBS and multiply your savings today!
Brought to you by DBS.
