UOB one Card for cashback. But more for monthly premiums as the cashback is based on the 3 months spending ( $50 cashback awarded in July if you spend $1k for April, May and June) For annual premium, you can go for HSBC advance credit card or Maybank FC Barcelona Visa signature card. You can also refer to the below link for more details https://blog.moneysmart.sg/credit-cards/credit-cards-insurance-premiums-singapore/

Don't worry about the annual fees. Most of banks waive the fees upon request. If in the case where the bank don't waive the annual fee, you can cancel and apply for another card. Till now, I do not have a problem waiving the annual fees for DBS/ POSB credit cards. As for the insurance/ endowment plans portion, you can find other cards that will give you cashback for insurance premiums (Do read the Terms & conditions for the exclusion part) Also, take note that some insurer companies do not accept giro payment of the premiums via credit card.

Card spend can be via debit card as well. Criteria of $500 is spending on anything other than what is stated in their exclusion list https://www.uob.com.sg/web-resources/personal/pdf/personal/save/tnc-cts.PDF (refer to pg25) Giro transactions can be income tax, property tax, mobile bills, town council bill, utilities bill, charity etc

Pay off your loan first if possible as the loan from cpf starts to accumulate 2.5% interest the moment you loan from cpf. You can start to learn about investing while paying off the loan. Read articles from Seedly and other websites. Build up your emergency funds and start investing when you are debt free.

1. You can open a DBS account online but to add a joint name to the account, you have to head down to the bank with the other person and his/her NRIC. 2. POSB Everyday Savings, DBS Multi currency account. 3. For account with less than min amount, fall below fees are as indicated in the link. https://www.dbs.com.sg/personal/support/bank-deposit-accounts-fall-below-fee.html

It doesn’t matter which card you get. Any amount spend on DBS or POSB credit card will do (even $1 mcd ice cream). Choose one that will suit your spending pattern more.

When you top up $1k to your card to increase your credit limit and paying everything in credit, this will not result you in paying more compared to the first method you mentioned (paying $1k in cash and $1k in credit) as you already paid $1k when you did the top up. By paying the $2k purchase through credit card, you will be entitled to more cashback/rewards (provided there is no cap for cashback/rewards)

Singapore savings bond (SSB) is a Low/no risk investment product backed by Singapore govt. You can always get back the amount invested. You can also leave your money in the SSB till maturity (10years) To invest in SSB, you will need a CDP account and link your bank account. You can then apply for SSB through your bank account Every month the SSB is open for application for you to invest. (For example you apply for the SSB this month, issue date will be aug 2019 and first interest payment will be credited to your bank account on Feb 2020) Interest is given subsequently every 6 months. You can refer to the interest table as interest varies with every issuance. Do note that there is $2 for application fee and $2 charges for early withdrawal.

Looking at your age, I am assuming you will have loans to pay when you graduate. Build up your emergency funds (6~ 12 months of expenses) and pay off your existing loans first before you go into investing. While doing so, you can read up and research on the different investment products available. Have your insurance set up as well (insurance is part of your defenses together with your emergency funds) Also, look at expected expenses in next 5 to 10years (big purchase items such as further Education loan, BTO, Renovation etc). You can invest in lower risk products for these purchases. Have a plan/Budget to monitor your spending, income, savings etc. You will have a better idea where you can reduce your expenditure to increase your savings As you are young, you can invest in the higher risk options and you but if you are risk adverse, go for low risk investment products. Also, diversify by investing more than one products. (Do not keep all eggs in one basket) Investment products (not limited to the below) 1. DCA into ETFs (DIY or through regular saving plans) 2. Roboadvisors 3. P2P Platforms 4. Stocks 5. Bonds (e.g. SSB) 6. Endowment plan/ Investment linked policy (by Insurers) 7. Financial advisor

For most banks, there are other terms and condition such as min saving amount with their bank etc. I suppose they are encouraging you to save and spend your money through them. For debit card, the amount is deducted straight from your bank account whereas for credit card, there is a credit limit. In case of fraud, lesser amount of money is subjected to risk. (In both situations, you can get back your money but it would be more troublesome for debit card due to the amount involved and your money is alr gone from your bank) Credit card is good for building your credit history and credit score (provided you pay your bills on time). It’s good especially if you plan on taking loans (house loan or car loan) in future.