DBS Altitude Visa Signature Card
Asked by Anonymous
Asked on 05 Aug 2019
Been using debit cards all along so I'm super new to the use of credit cards. I'm currently using DBS Altitude.
Thanks so much!
You can setup an automatic giro payment for credit card bills. For example, this is the steps for DBS/POSB
For manual payment you can pay by ibanking which is the most convenient and fastest. The other way is by cheque payment, where you send it together with the paper statement you receive.
07 Aug 2019
No, credit cards (or some debit card for that matter) generally requires a few days to post the transaction and the amount do not get deducted from your account immediately. It is prudent to track your expenses with an app (e.g. seedly) to make sure you do not get carried away with spending.
Most credit card have an option to GIRO your bill automatically. Ensure that you have sufficent funds to avoid late payment fee or the insane interest rates they will charge you in an event of a failed deduction. It is good practice to inspect your bill to ensure there are no fraudent transactions as well.
DBS altitude card has plenty of terms and conditions that exclude the earning of miles so if you are intending to "game the system" to earn miles, please read the terms and conditions carefully first.
If the automatic payment is not available from DBS, you can generally request from the service company for a credit card payment form to complete and mail back to them. (e.g. M1)
07 Aug 2019
Yes, online giro payments with the steps given by Gabriel is the most convenient and easy to set up.
And yes, you should be able to track your credit card transactions, under the unbilled tab if it is not already shown in the billed tab.