SG Budget Babe
Asked on 24 Nov 2019
I just started working, expected monthly credit card spend of below $400
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With an expected CC spend of less than $400, you will want a card with no barriers to earning the cashback. Hence, SCB unlimited cashback card can be a good option for you as there are no restrictions.
After that, cancel the card before the fee becomes due (2 year waiver) and switch to the American Express True Cashback Card (1 year waiver and no restrictions also). Then switch back again to the SCB card. Although by then, you would know if you would want to switch to a miles card.
For me i want it to be unlimited cashback. So i would choose Standard CHartered Unlimited Cashback CC. But of cuz you can apply a few credit cards with those capped one. After maximizing one then use the other.
Consider Citi SMRT card, as you get 4.7% cashback if your spending hits minimum $300, for some of the general spend categories.
Otherwise, the typical SCB Unlimited or AMEX Truecash card might suit your needs as well.
Standard chartered unlimited cashback card!
Maybank Platinum Visa card will best fit your spending. It is very similar to UOB ONE card.
If you managed to spend at least 300 for quarterly(3 months), you will get S$ 30 cashback (3.33%).
The card has free waiver for 3 years and a fee of $20/quarter, waived if you spent in that quarter.
Hey there, if you meet the income requirements, I recommend getting either SC Unlimited or HSBC Advance - both give about 1.5% cashback on all spend (no min. spend required). HSBC Advance also gives 2.5% for $2000 spending in statement month, but there is a cap @ $70. Most other cashback cards require about $500 min. spend.
If you're expecting <$400 spending, your best bet might be Citibank SMRT credit card, which requires a minimum spending of $300. What many others have quoted (HSBC Advance, UOB One) either don't meet your spending pattern or don't give as good a cashback. However, if you expect some months to have lesser spending than $300, you may want to consider either having Standard Chartered Unlimited or AMEX True Cashback as well, which gives you 1.5% without minimum spending so that on the months where you don't expect yourself to spend more than $300, you can still earn some cashbacks. Alternatively, HSBC Advance is not a bad choice because it also gives 1.5% cashback just that I found their TnC stricter and their customer service always give conflicting and wrong information (personal experience). HSBC Advance comes with a scaled-down version of The Entertainer, which you may want to factor into your consideration too, if you do dine in restaurants and cafes from time to time.
Consider SCB Cashback for unlimited cashbacks. It is flexible compared to One Card that needs you to be consistent monthly before the cashback is rebated to you on a quarterly basis.
Or use OCBC 365 card for cashback, this is especially good for dining out.
Below S$400: Standard Chartere's unlimited cashback card
You can choose either the SCB unlimited cashback card or the hsbc advance card. If you can bring up your spending to $500 (offer to pay for meals) then you can get the UOB one card.
I'm using standard chartered unlimited card. Less hassle as there is no longer a need to track all the spending. it is a flat 1.5% rate cashback. If hardworking, you can consider BOC, or UOB One card.
I use SC Unlimited cashback card as my main card because no min spend! I also have the American Express True Cashback card because sometimes AE has unique offers and I like to catch those!
Smrt citi bank card. It has a minimum spend of $300 or more for accelerated cash back, it meets your criteria
For me, I use HSBC advance. 1.5% cashback, more than $2k/mth is 2.5% cashback. I prefer a simple and straightforward cashback card without any specific min. spend to meet.
Many cards have a minimum spending of around $600 per month to qualify for cashback. You may wish to try to pay some bills using the card to add on to the spend on top of your daily spending.
If you spend exactly $500 monthly for a consecutive billing quarter, then go for UOB One credit card. You may consider to consolidate all your expenses into this card reach reach the $500 mark, e.g. bills, insurance premium.
Otherwise, you may consider Standard Chartered Unlimited Cashback card - 1.5% cashback with no minimum spend and cap. This is a simple card that works for almost all purposes.
If you are willing and able to breakdown your expenses into different needs, there may be other cards that attempt to give you cashback for each purpose. Personally, I find that too much of a hassle.
Therefore, UOB One card is my first choice, following by Standard Chartered Unlimited cash back.
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