Buying things that are credited to the company

Most of my co-workers are using credit cards, the credit card that we have is under the name of the company. They are using the credit card for leisure, buying clothes and for food. I do not use my credit card for my leisures and for the clothes that I buy. I am now confused if it is alright to use my credit card for those kinds of stuff.

Confused About Financial Products?

You can chat directly and receive the best offers from the experts.

  • user image

    No Name

    Having a credit card is a privilege and not a right. Not everyone has one of those plastic cards that will benefit you in a lot of stuff. By just swiping or inserting the card, you can buy a lot of stuff. Some companies give their employees credit cards for there use. Always ask the person who gave you the card to know what are the terms and where you can use them.

    2020.03.24 15:44

    Please leave your knowledge and opinion!

    Related Forums

    Denied credit card

    Credit card that will give a discount if used in medicine

    I'm a disabled person but wants to have a credit card.

    My friend has a lot of debts and now being collected by debt collectors

    Can I leave Singapore with credit card debt?

    I am a victim of skimming. What should I do?

    Related Reviews

    Lowest rates for new and used car loans in Singapore

    DBS Car Loan / DBS Bank

    DBS charges interest rate of 2.28% for its car loans to individuals that apply online and that is the lowest rate offered for both new and used car loans in Singapore. In my opinion this makes DBS the most affordable option for those that require financing in order to purchase a vehicle. It is also worth noting that DBS is currently offering an even lower rate for the purchase of used cars (1.99% p.a.) in a promotion.

    This may be the cheapest car loan refinancing option in Singapore

    OCBC Car Financing / Oversea-Chinese Banking Corporation

    This may be the cheapest car loan refinancing option in Singapore as the bank allows borrowers to refinance their existing car loans for a very competitive rate of 2.08%, which is much cheaper than most rates for new loans. While the bank also offers loans for the purchase of new and used vehicles, these rates of 2.78% and 2.98% are not the cheapest available. If you are approved to refinance your existing car loan from another bank, you may be able to save thousands of dollars by switching to OCBC due to its refinance rate of 2.08%, which is significantly cheaper than those of most car loans offered by lenders in Singapore.

    Apply for a loan in just 3 minutes

    U Credit Car Loan / U Credit

    What makes Auto Credit Express unique is that they have created one of the largest networks of auto dealers that specialize in financing auto loans for different types of credit profiles. You can get an auto loan for a new or used car by getting funding within a few days by applying for a loan in 3 minutes and enjoy phone support is fast and friendly

    Islamic auto financing

    Maybank Car Loans Singapore / Maybank Singapore

    Maybank charges a much higher interest rate of 3.25% for its car loans than other lenders in Singapore, making it a less affordable option however, borrowers that are unable to obtain a car loan from other banks may want to keep Maybank in mind as a an alternative to other lenders. It is also worth noting that Maybank offers Islamic auto financing, which may be of interest to prospective borrowers.

    A no-no for individuals seeking the cheapest car loan

    UOB Car Loan / United Overseas Bank

    This car loan is a no-no for individuals seeking the cheapest car loan or borrowers seeking to refinance their existing car loan as interest rates of 2.78% and 2.98% don’t come cheap. Irrespective, UOB could be a good backup source of car financing for individuals that are not approved for loans from other banks. Additionally, the bank is unique because it offers flexible car loan repayment schemes and Certificate of Entitlement (COE) loans for used cars.

    On both occasions the customer service has been phenominal

    Asia Carz Credit Car Loan / Asia Carz Credit

    Even as it was my first time dealing with them the customer service staff were very friendly and helpful delivering on a fast and smooth transaction processing time. On my second time using them I was not disappointed too as I had a very pleasant transaction and would gladly recommend them to my friends and family. Trusted dealer!

    Confused About Financial Products?

    You can chat directly and receive the best offers from the experts.