I own two debit cards and no credit cards at the moment and saw a UOB promotion giving 5 miles per $1 for a debit card spending. Why would banks do that? Is it wise for me to just get a debit card?
A 5% cash rebate on fuel purchases and a 16% instant discount is a great deal for me I must say, the HSBC VISA Platinum Credit Card indeed makes driving more fun for me as i always look forward to the 16% instant discount plus 5% cash rebate on all fuel spend at Caltex and Shell stations
HSBC VISA Platinum Credit Card
The AMEX Express Singapore Airlines Solitaire PPS Credit Card gives a First Year Fee Waiver for you to enjoy and also for your supplementary card members. In addition there are no transfer fees and all the KrisFlyer miles you can earn are directly transferred automatically to your KrisFlyer account with no transfer fee. I would recommend this card for these few reasons which could really make the difference.
American Express Singapore Airlines Solitaire PPS Credit Card / American Express International
I have had this card for a long while. The good thing with the card is that AMEX have been waiving my annual fees which is probably why I still have the card. The pros with this card include – Great customer service officers that are friendly and will do their best to help you with prompt follow ups, direct credit of miles to your Krisflyer account, many small promos every few months with a fantastic sign up promo, no minimum spending and perfect for concert lovers as AMEX offers priority to provide tickets.
American Express Singapore Airlines KrisFlyer Ascend Credit Card / American Express International
This card offers a few thrills if you are one for accumulating miles as you can earn 1.3 KrisFlyer miles for every S$1 equivalent in foreign currency spent overseas on eligible purchases up to S$3,800 each month. On such purchases above S$3,800 each month, you can earn 2 KrisFlyer miles. Furthermore the card allows earnings of 1.3 KrisFlyer miles for every S$1 spent locally in Singapore dollars on eligible purchases up to S$3,800 each month. On such purchases above S$3,800 each month, earnings are 1.4 KrisFlyer miles. Highly recommended for those who seek to accumulate miles.
American Express Singapore Airlines PPS Club Credit Card / American Express International
My family had a really fun time with the 10% off Siam Adventure Club Family Package Booking which came with breakfast for 2 adults and up to 2 kids with a Kids room setup in room and full access to kids activities. We even enjoyed daily evening drinks for whole family on selected menu from 5pm to 6pm.
HSBC VISA Platinum Credit Card / HSBC Bank Singapore
The delivered on the promise of purchase Protection of up to 90 days when ensured reimbursement on an eligible online purchases I made with my Amex Express Gold Card. Irrespective where you buy online or shopping at the local supermarket, their Purchase Protection offers repair, replacement or reimbursement on eligible purchases made with the Card, that has been damaged or stolen within 90 days of purchase.
American Express Gold Card / American Express International
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For most banks, there are other terms and condition such as minimum saving amount with their bank etc. I suppose they are encouraging you to save and spend your money through them. For debit card, the amount is deducted straight from your bank account whereas for credit card, there is a credit limit. In case of fraud, lesser amount of money is subjected to risk. In both situations, you can get back your money but it would be more troublesome for debit card due to the amount involved and your money is also gone from your bank. Credit card is good for building your credit history and credit score provided you pay your bills on time. It’s good especially if you plan on taking loans (house loan or car loan) in future.