My friend is currently in short of money. He tried to borrow money from me but I am also in financial trouble as well. Then, he told me recently of how he had money. He said that he have borrowed money from his officemate. But after a week he is being charged with 40% of interest and his pay due date is in a week. He was shocked and he wants someone to help because that is not what they agreed upon.
This card is well known for their youth centred marketing campaigns and having a wide array of attractive card designs for you to choose from, this FRANK debit card is another popular choice amongst tertiary students. This card offers a 1% cashback with participating retail and transport merchants such as ZALORA, Lazada and Grab. Good enough, there is no minimum income and annual fee required for this card. You only need to be 16 years or older with an OCBE FRANK savings account.
OCBC FRANK Debit Card / Oversea-Chinese Banking Corporation
This debit card comes with free PAssion membership of up to $12 for 5 years. Don’t know what’s so great about that but it adds up for some people. Plus when you spend at least $400 a month on the POSB PAssion Card, you get 4% rebate at Giant, Cold Storage and Guardian. If you have a family, you also get 5% rebate at popular Singapore places of attractions and 1-for-1 tickets on the 10th of every month.
PAssion POSB Debit Card / DBS Bank
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
With contactless cash withdrawals, you can now withdraw cash easily and quickly with a tap of your phone instead of inserting your ATM card. UOB is perhaps the first bank in Southeast Asia to launch Near Field Communication (NFC) enabled Automatic Teller Machines (ATM) that allows you to truly go digital. Now to enjoy the convenience of Contactless Cash Withdrawals, add your UOB Visa or MasterCard Debit Card to your mobile phone on MightyPay for Android users or ApplePay for iPhone users.
UOB Debit Card / United Overseas Bank
The KrisFlyer UOB Debit Card and Account has definitely changed for the better. With the introduction of Mighty FX, it now makes even more sense for a frequent traveller to take advantage of the enhanced ability of the KrisFlyer UOB Debit Card to transact in multiple currencies without incurring a foreign currency exchange fee. If you want to earn KrisFlyer miles and don’t want to get or don’t qualify for a credit card, then the KrisFlyer UOB Debit Card and Account are the way to go.
KrisFlyer UOB Account / United Overseas Bank
Major highlights with this card has got to be the 24-hour Concierge, minimum of 16 years of age eligibility, 1% cashback on overseas and online transactions with minimum spend of SGD $1,000 per quarter, 0.3% cashback on local transactions with minimum spend of SGD $1,000 per quarter and enables contactless payment with maximum spend of SGD $100 under UnionPay QuickPass.
DBS UnionPay Platinum Debit Card / DBS Bank
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Loan sharks have existed every since people and groups needed money to create business or pay their existing debts. Unfortunately, they do not operate within the regulations of Singapore's Ministry of Law. In turn, they can increase interest rates to the highest levels they wish monthly and reject the amounts you regularly pay to allow them to gain higher interest rates and more money from you.