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Anonymous

27 Jul 2021

Events

Which credit card should I get as fresh grad? Plan to get only 1 card as the yearly fees for multiple cards will be too much, unless there's a good reason to get a combination to get the most benefit

I'm currently eyeing DBS Altitude to collect miles, but I'm open to any cards.

My monthly spending is mainly utilities/telco bills (~$400), HDB loans (~$500), MRT (~$100), food (in cash), investments (manual transfer of $1,000 into IBKR) and planning to go for langauge/ music classes starting end of the year (~$300 a month).

Which card or combination of cards would work best?

Discussion (1)

What are your thoughts?

Pang Zhe Liang

Pang Zhe Liang

27 Jul 2021

Senior Financial Services Consultant at AIA Singapore Private Limited

It depends on the types of reward that you are going for - e.g. miles, cashback, or reward points. If it is for general usage, then DBS Altitude or Citi PremierMiles is a considerable option - I prefer the latter as you accumulate miles per dollar while DBS Altitude counts in stacks of $5.

If you want something that is more dynamic, then you may consider HSBC Revolution - ability to accumulate reward points to exchange for cashback or miles.

You may check out my updated credit card arsenal for some inspiration: https://www.blog.pzl.sg/which-credit-cards-do-i...

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