Tag: credit cards

Should I use my credit card to pay my tax bill?

With tax season upon us, some people are wondering whether they should use their credit card to pay their income tax bill. To my knowledge, only HSBC, ANZ and Standard Chartered offer a special scheme which allows you to pay your tax bill via a credit card in order to earn rewards...

Major shakeup of Krisflyer Ascend card- lipstick on a pig?

I've mocked the Krisflyer Ascend card in the past as the best card you'll never use. This was back when they were offering a 1st year annual fee waiver option that allowed you to get the card for free and enjoy things like a 1 night free stay at...

Minor DBS Altitude devaluation

This shouldn't raise any undue alarm bells but I thought you should know that from 1 June 2016 DBS has revised the earning rate on the DBS Altitude card. The new earn rates are as follows Online flight and hotel transactions Overseas Spend (foreign currency) Local Spend 3 miles (Capped at S$5,000 per month) 2 miles 1.2...

UOB Yolo- life is too short for cashback cards

The UOB YOLO Card is what happens when you let marketing groupthink run amok. "Hey guys, let's create a new offering for the millennial group. And let's call it yolo because millennials." As someone who falls into the "millennial" category, I am constantly bemused as to what marketers think about my behavior....

DBS Altitude income requirement cut to $30K

The MAS stipulates that the minimum annual income required to grant someone unsecured credit facilities is S$30,000. Any requirement in excess of that is bank-imposed and purely arbitrary. How do banks decide what the minimum income required for a particular credit card should be? Marketing. Pure marketing. Cards with a...

The Milelion Pocket Credit Card Guide- 2016

EDIT: Please use the corrected table here. The first version had some errors in it (v1.2) EDIT EDIT: I'm going to start version tagging this so you know if you have the latest (v1.5) I know this is long overdue, but here's a small pictoral guide you can save to your phone...

UOB Preferred Platinum AMEX: Dead or alive?

TL;DR: The UOB Preferred Platinum AMEX is the best card for dining, both in Singapore and overseas with 4 miles per $1. But because it was a good thing, it is now gone. Or is it? Back in Jan I wrote about a method you could use to get a UOB Preferred...

A primer on overseas credit card usage (Updated with new rates)

Foreign currency fees are probably one of the most confusing aspects of credit cards. Banks hide them away in the small print, and very often you only find out how much you really paid after you get your bill. The question today is: Is it worth it to pay with...

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