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How to Choose Which Credit Card is Right for You in Singapore

Singapore houses a unique and wide array of spenders, who range from small to heavy buyers. Besides, there are so many ways to splurge money in the city, from travelling to shopping to dining, and so on. Staying in Singapore, it’s essential that you strategise your spending habits and finances in order to save money. Moreover, Singapore has an extensive market for credit cards, where you can easily find yourself lost. The city supports a large variety of population with disparate attitude and lifestyles. There are several credit cards available in the market that have a unique target audience. There are cards that suit people who frequently make business trips or fly far-off, there are various cashback cards that can be used for everyday shopping, and cards that are ideal for foodies and people who frequently dine out. Cashback cards are pretty popular amidst majority of the people living here. Analysing your spending habits Keeping track of your spending habits and analysing

Everything You Should Know About Your Credit Card Foreign Transaction Fees

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Cardholders often come across attractive offers allowing them to earn reward points or cashback at accelerated rates every time they use their credit card overseas but neglect the foreign transaction fees that go with it. Chances are cardholders would have paid foreign transaction fees in the past without even realising it. Below is a guide explaining what this fee is and when it applies. Overview of Foreign Transaction Fees You should learn about Credit Card to know better on the fee and charges on them and it is applicable on all transactions made overseas either when the payment is processed by a foreign bank or when an item or service is purchased in any currency apart from Singaporean Dollars (SGD). Transactions made in US Dollars (USD) are converted into Singaporean Dollars and those transactions made in any other currency is first converted into USD and then into SGD. an applicable exchange rate applies on all conversions and the foreign currency transaction fee is char