Asked by Anonymous
Asked on 26 Oct 2018
It would be even better if I am able to earn air miles from recurring payment such as insurance and spotify
Hm if u are not working im not sure whether the banks etc will give u these cards, but here goes:
Amex true cashback gives you cashback for virtually anything. New signups get 3% cashback up till 5k for first 6 mths. Therafter 1.5%. Amex also has a miles card but check properly first. But a lot of places dont accept amex.
If your school fees are paid in a lump sum each time, can consider ocbc cash flo. It will auto split your lump sum payment across 3,6 or 12 mths and the bill every mth gives u 1% off. (Hard to explain but u can google it). But do check directly with them whether they give the 1% cashback on school fees. I think works for insurance as well. This is not amex so ur school more likely to accept.
If the banks etc need u to have an income before they will issue u a card, and u dont have income, then ure left with the ones they have specially for graduates... that one a quick google will help you but i have a feeling very few allow cashback on school fees.
Air miles im not so sure.
Whatever card u get really make sure u can service the monthly bill if not ure just killing yourself.
Using ipaymy.com is similar to using cardup. Usage fees are the same,except that they will run some monthly promos that will bring down the usage fees to 1.99%. You save money while earning miles at the same time!
I think HSBC Revolution Card can be used.
Top Contributor (Jun)
Yes. Use cardup.
Note: They charge 2.6% service fee!
So apply for Bank CC such as BOC Family or UOB one card and make sure your cash back % is more than 2.6% to earn some cash back after deducting card up 2.6% fee:
Note that there's a min services fee:
For credit cards issued in Singapore:
A 2.6% fee applies on each transaction, subject to change for promotional rates. Do note that for payments of $130 or less, a minimum fee of $3.40 applies.
For credit cards issued outside of Singapore:
A 3.3% fee applies on each transaction. Do note that for payments of $1,000 or less, a minimum fee of $33 applies. Promotional codes are not eligible for use on payments made with credit cards issued outside of Singapore.
If you're keen to earn miles rather than cash back, you can refer to Mileslife blog as their website to find out more.