I just filed for bankruptcy because I incurred a huge amount of debt. I am afraid that my creditors would file a case against me for nt ebing able to pay for my debt on time before I filed for bankruptcy and because they are not able to immediately recover the debt that I incurred before bankruptcy.
The DBS Visa Debit Card has my vote for being the one of the best debit cards in Singapore. You get 3% cashback for contactless payments like Visa PayWave, Apple Pay transactions with a few conditions to be met like spend at least $400 a month on your debit card and limit cash withdrawals to $400 or less a month. Cashback is capped at $50 a month while you should note that PayWave transactions are capped at $200 per transaction. You should also know that the card can be used overseas with no foreign transaction fee if paired with a DBS Multi-Currency Account
DBS Visa Debit Card / DBS Bank
This is yet another awesome all in one card which provides you with the convenience of a combined credit and membership card with the features that allow you to auto-charge NUSS bills to your Card. It comes with a pleasant complimentary annual fee waiver as long as you’re a NUSS Member. You also earn 2 DBS Rewards Points for every S$5 spend at any of the NUSS F&B outlets, earn 1 DBS Rewards Point for every S$5 you charge to your card island wide.
DBS NUSSU Debit Card / DBS Bank
With this card, you’ll be able to get cash rebates of up to 10% when you use your card to make purchases at participating merchants such as Cathay Cineplexes and Cold Storage.If you’re one for travelling and adventure, you can also enjoy up to 10% off on travel related bookings with participating merchants.There is no minimum income and annual fee required for this card.You only need to be 16 years or older with a UOB Savings Account or Current Account
UOB Direct VISA Debit Card / United Overseas Bank
The Bank of China is now officially part of the atm5 shared network and in effect you can now check your account balance and enjoy cash withdrawals with your BOC Great Wall International MasterCard Debit Card at over 230 ATMs with atm5 Logo Island wide without any transaction fees. You should know that cash rebate is capped at a maximum of S$10 per calendar month.
Bank of China Great Wall International Debit Card / Bank of China
The Maybank offers two debit cards, the Maybank Platinum Debit Card (Mastercard) and the Maybank Manchester United Platinum Visa Debit Card. Now for those of us, especially those who frequent Malaysia, the free Maybank Platinum Debit Card is pretty useful as it lets you withdraw cash from Maybank ATMs with no transaction fees. Bear in mind, however, that foreign exchange rates may apply.
Maybank Platinum Debit Card / Maybank Singapore
I recommend the OCBC Plus! Visa Debit Card, for people who buys groceries at NTUC Fairprice (practically every Singaporean who’s not on RedMart). The OCBC Plus! Visa Debit Card offers a decent 4% rebate at NTUC FairPrice, Unity and Warehouse Club if you spend $200 outside of the “NTUC network” that month. If you spend $500, and your rebate goes up to 7%, you also get 3% link points when shopping on FaiPrice On. The downside is that the OCBC Plus! Visa Debit Card has an annual fee of $24. This is waived for the first year and subsequently takes $1,200 of spending per year (avg. $100 a month) to waive.
OCBC Plus! VISA Debit Card / Oversea-Chinese Banking Corporation
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Since you already filed for bankruptcy, you have nothing to worry about. One of the benefits of filing for bankruptcy is that creditors cannot sue you because they are banned from commencing legal proceedings against you to recover debts incurred before bankruptcym after the making of the Bankruptcy Order.