Free Credit Cards in Singapore
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With the latest surge of credit cards issuers towards zero fee cards, finding a free credit card in Singapore is as easy as 1-2-3. Even though, these cards may charge higher rates once the introductory period gets over, the initial cost advantages that these cards offer is worth availing.
With the latest surge of credit cards issuers towards zero fee cards, finding a free credit card in Singapore is as easy as 1-2-3. Even though, these cards may charge higher rates once the introductory period gets over, the initial cost advantages that these cards offer is worth availing.
However, as they say, nothing comes free. Even these so called free credit cards may turn an expensive proposition once the introductory period is over. Consumers should not get persuaded by glossy advertisements and should rather take the pain of reading the finer details to avoid financial shocks in future.
Free Singapore Credit Card Options
Let’s have a look at some of the best offers when it comes to free credit cards in Singapore:
HSBC Platinum card: This much-talked-about card has attractive options ranging from golfing or dining privileges, travel insurance, golfer’s insurance and supplementary cards. It comes with a 0% interest installment payment plan. The card also offers two years annual fee waiver and consumers, through their usage frequency, can get the annual fee waived forever as well.
Citi PremierMiles card: This is the right card for people looking to maximize their mile points and redeem them for travel or other goods. This card comes with no annual fee for the first year and offers a ‘no-conditions-attached’ mile accumulation process. There is no limit to the number of miles one can earn on this card, therefore the more you accumulate, the better it gets.
POSB Everyday card: With a limit of $400cash rebate each month, the POSB everyday card is one of the best credit cards in Singapore. Besides this, consumers can also benefit from the 20% instant cash rebates at participating merchants. The card comes with a $500 worth of welcome vouchers along with an attractive 5 year zero annual fee. Once can also apply for two supplementary cards.
However, attractive as they sound, consumers should remember that even these cards may turn expensive if balances are carried forward and exposed to credit charges. Therefore it is best to consider your budget while shopping with these so-called free credit cards in Singapore.
