POSB Everyday Card
Asked by Anonymous
Asked on 24 May 2019
Very likely to get waiver. POSB/DBS is one of the most lenient when it comes to waivers. I also spent close to nothing on their card, still waived.
Process to waive also super easy. Now everything is done in ibanking. just fill in a form, 2-3 clicks, and its sent in. Wait few days, it should be waived.
For unit trusts, I personally do not recommend getting from banks. They typically charge a high sales fee. My guess is you are trying to fulfill the investment criteria, and for this I recommend Singapore savings Bond.
Buying singapore savings bond consecutively for 6 months and you will be getting interest for every month. This will trigger the investment category of multiplier account. Minimum to buy singapore savings bond is $500, fee is $2. Backed by sg govt so its pretty safe.