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Anonymous
Is CPF factored into the calculation for the annual income component for the application of a credit card?
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Vernice Ng
13 Jul 2022
Community Manager at Seedly
Yes it does!
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Yes, it is included....
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Hello! Yes, the credit card income requirement includes your CPF contribution. In essence, they will take into consideration your gross income. Most credit cards in Singapore have a minimum income requirement of $30,000 per annum. Check this article out for more information about credit cards: https://blog.seedly.sg/best-credit-card-singapo...