Three of them say 'platinum', though I doubt it means much.aster wrote:Do you have a Citi Platinum credit card? If so you really want to hang onto that one as they don't issue them any more.
Splatted wrote: Three of them say 'platinum', though I doubt it means much.
First is a debit card used for ready credit account
Second is the SMRT visa card
Third is the Citibank Clear Platinum card - visa
having cards doesn't mean you've actually borrowed moneyJR8 wrote:Splatted wrote: Three of them say 'platinum', though I doubt it means much.
First is a debit card used for ready credit account
Second is the SMRT visa card
Third is the Citibank Clear Platinum card - visa
Sorry to ask, but are you very poor and living beyond your means to have to borrow so much money?
That is a good point (though I think technically even if you pay it off in full each month you are still borrowing it in the interim weeks). But why so many?Splatted wrote: having cards doesn't mean you've actually borrowed money
Credit limit reviewsJR8 wrote:That is a good point (though I think technically even if you pay it off in full each month you are still borrowing it in the interim weeks). But why so many?Splatted wrote: having cards doesn't mean you've actually borrowed money
Banks don't do Airmiles and all that stuff for the customers sake, they do it for their own bottom line...
Are you churning money through cards to try and garner benefits?
Not really.JR8 wrote:Which is why I can't be bothered with these schemes.
Net net you're working for them, at sweatshop rates.
I can agree with this. I have the Citi SMRT Platinum card. It allegedly gives all of these benefits, but they all have catches and other things I honestly can't be bothered to understand.Splatted wrote: In Singapore, I'm still confused. Is my 10X rewards giving me a better deal than my 5% rebate... who knows? And one shop even advised me that I get zero, unless I'm spending over $20 on a single receipt. great
Same here. I pay off my CC balance each and every time. Couldn't care less whether they bill me at the end of the month or subtract each transaction as it happens, absolutely no difference to me.Splatted wrote:having cards doesn't mean you've actually borrowed moneyJR8 wrote: Sorry to ask, but are you very poor and living beyond your means to have to borrow so much money?
This is roughly how it works with the amex rewards card.zzm9980 wrote: In the US, most cards are much simpler. I love my Chase Sapphire card. Spend $1, get 1 point. Spend $1 on airfare, get 2 points. Points are cashed in roughly 1 pt per $0.01 towards credit at tons of major retailers, or towards airfare and hotels.
No, the one in question is just called the "Citi Platinum Card" and is no longer issued to new clients. You can still see it on their site, though you can no longer apply for one: http://www.citibank.com.sg/gcb/credit_c ... atinum.htmSplatted wrote:Three of them say 'platinum', though I doubt it means much.aster wrote:Do you have a Citi Platinum credit card? If so you really want to hang onto that one as they don't issue them any more.
First is a debit card used for ready credit account
Second is the SMRT visa card
Third is the Citibank Clear Platinum card - visa
I keep giving this one a look every several months but am still not tempted.x9200 wrote:This is roughly how it works with the amex rewards card.
http://www.americanexpress.com/sg/the-rewards-card#sub3
Despite Aster's reservations I am pretty happy with the above.
Fair enough to both of you, that was how I ran my last credit card when I had one. I recently changed banks and have been waiting 6 months so far for them to issue me with one, in the meantime I have a debit card and am actually wondering why I need a credit card at all. There was a time you needed a credit card for certain things (hiring a car), but I'm really not sure if that applies any more.aster wrote:Same here. I pay off my CC balance each and every time. Couldn't care less whether they bill me at the end of the month or subtract each transaction as it happens, absolutely no difference to me.Splatted wrote: having cards doesn't mean you've actually borrowed money
Bottom line is that CCs have some good rewards schemes whereas debit cards don't have them. It is the SOLE REASON I have a CC.
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