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...
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...
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...
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...
DBS has gone all in on its Altitude cards lately, coming up with some really generous sign up promotions.
A new promotion (until 30 April) offers 8 miles per $1 on purchases at Expedia (min $2,500 in a single transaction, otherwise 6 miles).I don't really use OTAs to book hotels...
Since discovering the Miles and Points game 3 years ago, Jeriel has now spent a disproportionate amount of time reading the T&Cs of credit cards and frequent flyer programs. His grand plans for round-the-world premium travel has taken a hit since the arrival of his daughter, but he is...
Note: This is a more updated version of an article posted last year, to reflect changes in card availability and strategy. Read the original article here
It is true that some of the "best" cards for playing the miles game require a certain minimum income. DBS Altitude requires a minimum...
One of the little-known perks of credit cards is that if you charge your air tickets to them, you get complimentary travel insurance for the duration of your trip. It's my belief (and the belief of the wise men on HWZ) that you should not rely on this as a...