What is the exchange rate used to convert my foreign currency transactions to local currency if I use my card when I am overseas?

Yes you can but with the exception of Cashback and rebate cards. Spending on UOB credit cards do not award you miles directly. Instead they are rewarded in the form UNI$ to be redeemed into miles. Not only do Miles/Travel card earn miles. Reward cards such as UOB Preferred platinum visa (PPV) earn UNI$ which can then be converted into miles.

The answer to your question may lie in the fact that certain overseas merchants or websites may list products and services in Singapore dollars or offer to convert your foreign currency transactions into Singapore dollars, the latter being called dynamic currency conversion. The exchange rates used to convert these transactions into local currency are determined by the merchants and their payment processors. Customers are encouraged to check that the exchange rate offered is reasonable prior to performing the transaction. The difference between the amount listed by merchant and the actual amount billed in your statement is due to an international transaction fee which is levied on all SGD transactions made using Visa or MasterCard and processed outside Singapore.

There are different types of stock. Blue Chip Stock are the safest because they are simply shares of well-established, well-recognised, profitable, and financially sound companies.. Next is the unloved, neglecter or commonly known as Value stocks whichare priced below its fundamental value because of its unglamorous characteristics. Lastly we have the Exchange-Trade funds which is a type of fund that is traded in the stock exchange like stocks that owns a basket of assets (bonds, stocks and commodities).

The number of foreigners borrowing from lic.ensed moneylenders increased from 7,500 in 2016, the number rose to 35,000 in the first half of 2018 alone. This is one of the reasons why they changed the law. The police have also observed more foreigners here borrowing from unlicensed moneylenders

Investing your money allows you to have another option fr financial stability in case you want to stop working and still be able to financially be able to support yourself. Investing your money could also help you beat the current inflation rate. This way you can also save for your retirement and get more in return.

If you are looking for the best without thinking about how much it would cost you then you can try Singtel combo 3 where you not only get unlimited data but also unlimited calls and SMS wth a phone subsidy. It comes with a contract and costs S$108.80 but if you want the full package then this is the plan that you are looking for. If you are on a budget and only want mobile data then you should try Zero 1GB to Unlimited data however the speed will be throtted after 1 gb.

A stock is a share in the ownership of a company. The person who owns share is called stockholder and he is entitled to the company’s assets and earnings in the form of dividends in accordance to the percentage of stake he holds. There are two ways to earn. One way is through dividend income and the other one is throught Caoital gain.

An inescapable path to becoming a successful investor is to learn how to become a lifelong student. Learn from other investor's success and mistakes. Learn how they made the money, not how they spent it. Place value on value, buy assets that you know are underpriced and sell them for a higher value. Always have healthy Skpeticism which is very hard to acquire as the world is full of malice. Lastly but not the least is to sharpen your analytical ability as being able to analyze what is going on is very crucial to becoming a good investor.