Singapore Credit Card 2

After waiting for 1 month, my application for Singapore Maybank's eCard Platinum got rejected...wow...If you are thinking that you are a Malaysian, Maybank should have no problem approving your credit card...you are wrong...in Singapore, rule is rule.

I really supprised that Maybank turned me down. With my record of transactions and dealing with them in Malaysia, I thought should be no problem.

I have to ask my colleague to purchase ticket back to Malaysia, very troublesome.

My thought is that my annual income does not meet their requirement. But they didn't give me any reason in their postage letter to me or when I gave a call to the call center.I gave up in applying Maybank's credit card as they require their foreigner card holder to have a minimum SGD80,000 of annual income.

CIMB Platinum MasterCard, POSB Everday Card and UOB One Card

After comparison within the other credit cards offerred, I have selected CIMB Platinum MasterCard POSB Everyday Card and UOB One Card as my suitable choice.

I have made some comparison as below:

Credit Cards' Offers Comparison

As shown, CIMB offers the best benefits and requirement combination. The free for life fee waiver is one of their best features. The only disadvantage is they have limited branch and cannot pay via Internet banking by linking to the CIMB bank account.

But with the previous experience getting rejected by Maybank, I applied for both CIMB and POSB. I omitted UOB because I still not openned an UOB bank saving account. 

At last I managed to get both CIMB and POSB cards...

Singapore Credit Card Application

When I started work in Singapore, I began to search for a suitable credit card for myself. I think I shall need one as I am a regular credit card user in Malaysia. At one time, I hold 4 cards and 1 supplementary cards in Malaysia. As I changed my job to Singapore and the implementation of Government Fee of RM50 per card per annum, I canceled all my cards and left with one.

In Singapore, I feel that having at least a credit card, for my daily expenses, Internet shopping and mainly for purchasing air ticket online. This shall allows me to earn points or rebates from my purchase, pay by using my earning currency (without exchange rate) and interest free loan for 21 days with minimum cash in wallet.

I did my research online through the banks' web sites. The first that caught my eye is the Maybank's eCard Platinum.

Maybank's eCard Platinum

1) The main reason is that it has a 5% cash rebate when booking air ticket from Jetstar.
2) There is no service fee, if you charge your card at least once per quarter (easily done by buying air ticket).
3) I already open an account with Maybank Singapore (as in my Singapore Bank Application Post)

I just made one application to this card, since I still new in Singapore, no money to open and maintain too many bank accounts, although in Singapore, there is no Government fee.