Anonymous

20 Apr 2020

∙

How can I fund my Saxo account with credit cards? Are cards like YouTrip or Revolut allowed?

What are the fees and costs that should also be taken into consideration?

YouTrip Card Revolut Card

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PillowCase

20 Apr 2020

Hi there!

Youtrip does not allow transferring of funds for investment purposes.
There have been reports that Revolut can be used.

Hope that helps!

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For cards with a high MPD earn rate for overseas spending would you recommend using these traditional credit cards, or multi-currency cards like YouTrip and Revolut to save on the FX fees?

Has anyone used YouTrip Credit Card to convert SG dollars to US dollars and used it to fund your US stocks account?

Recently opened a Saxo account for trading in the US markets. Was wondering if YouTrip or Revolut can be used to fund it in USD instead of SGD?

Any savings account that allows you to earn bonus interest and air miles on credit card spend at the same time (currently using the UOB One card which is a cash back card)?

Is trust fund like any other bank saving accounts where funds can be accessed easily (eg. ibanking transfer, ATM card) by the trustee? Other than trustee, who else have the rights to access the funds?