American Express Adds Huggs Coffee As Latest Platinum EXTRA Partner - Earn 7.81 Miles per Dollar! An unsecured card is a traditional credit card that doesn’t require a security deposit or other collateral for approval. This is his story. ... No minimum spend, no … When you apply for a credit card, most banks will require you to furnish documents as a proof of income. annual income (Singaporean/Singapore PR): S$30,000. You must have a regular income taxable in Singapore to apply for a credit card. With effect from 25 June 2018, the minimum monthly repayment amount (“Minimum Payment Due” or “MPD“) applicable to all your Standard Chartered Bank (Singapore) Limited Credit Card accounts 1 (including funds transfers) will be revised to include the full approved monthly instalments under EasyPay Programme and 0% Interest Instalment Plan. It didn’t offer much in the way of benefits, but it meant that students could boast their first-ever credit card, even before they joined the workforce. For Expatriates, you have earnings which provide a minimum income of over S$60,000 p.a. Get your full, exclusive copy of The Ultimate Savings Guide for COVID-19 and Beyond, including tips on reducing unnecessary expenses, creating additional income streams and more! You could earn 0.4 mpd with the Citi Clear card, but that’s a pretty abysmal rate and you’d need to spend $37,500 to earn a round-trip ticket to Bali (versus $10,000 if you used a “proper” credit card like the BOC Elite Miles World Mastercard). Plus, you shop at FairPrice, go to McDonald’s and occasionally visit the cinemas. annual income (Singaporean/Singapore PR): S$30,000. The Standard Chartered Unlimited Cashback Credit Card allows you to earn 1.5% cash rebate on all eligible local and foreign spend that you put to this card with no minimum spend required and no cap to the amount of cash rebates you can earn each month. Fees for the initial one to two years are typically waived. The Maybank FC Barcelona Visa Signature Card offers a flat 1.6% cash rebate on all eligible local spend but it awards 2X TREATS Points per dollar (equivalent to 0.8 mpd) for eligible non-SGD transactions. It is not a terrible credit card if you plan to use it only in Singapore but honestly, the Citi Cash Back+ Mastercard gives you more flexibility as it also allows you to enjoy the same 1.6% cashback rate on foreign transactions. ... No minimum income required. Bespoke lifestyle privileges card. The following credit cards either have no minimum income requirement (for students) or reduced income requirements (for working adults). However, Diners Club offers eight different cobrand cards with $500 credit limit versions. Absolutely No Credit Check or Minimum Credit Score Required; Automatic Reporting to All Three National Credit Bureaus; 9.99% Low Fixed APR - Your Rate Won’t Go Up Even if You Are Late; Activate Today with a $200 Minimum Deposit - Maximum $1,000. When setting credit limit on a new credit card or unsecured credit facility, FIs must either: SC Manhattan S$500 Card does have a few benefits. There’s no sure-fire way to prevent credit card fraud, so unfortunately holding a credit card also means being vigilant about making sure it doesn’t end up in the wrong hands. As a quick clarification, the 3.0% bonus cash rebate does not stack with the base cash rebate of 1.5% (for local transactions) or 2.5% (for foreign currency transactions). First-year annual fee waiver, after which yearly card fees are at $32.10. OCBC Titanium Rewards Credit Card. A RADICALLY new type of credit card with no minimum income requirement and just $500 in credit has arrived in Singapore. Minimum Age. No minimum income requirement; Age 18 and above, with parent’s consent. Following the application and approval of the Citi Rewards Card, you can then proceed to apply for the Citi Cash Back+ Mastercard. Automobile - all local and overseas transactions made at Vehicle Rental shops, Dealers, Repair and Service shops, Petrol kiosks and includes short-term car parking charges. That said, you’ll at least get to enjoy the bank’s generic offers: so if you see a restaurant advertising 20% off for Citibank cards, for example, you’ll be able to get that promotion with your Citi Clear card. The American Express True Cashback Card is probably the best cashback credit card in Singapore - it offers 1.5% cashback on all eligible spend made in SGD and 2.5% for eligible spend made in a foreign currency (non-SGD). Singapore residents and Singapore Permanent Residents with a minimum income of more than $20,000 per year would likely be considered to be eligible to take up a personal loan. Hilton Honors Extends Status for All Members and Reduces Elite Qualification Requirements by 50% in 2021 - Milestone Bonuses to Start from 20 Nights. Personalised, bite-sized reads, money hacks and product recommendations. CIMB Classic MasterCard. It is an extremely well-balanced cashback card but do keep in mind that even though American Express has one of the lowest FX fees (2.95%) in Singapore, the "cash rebate” that you earn from this card from foreign currency spend will not fully offset this fee. These credit cards have low credit limits of up to S$500, and typically do not come with an income requirement. It’s open to students and NSFs with no income, and working adults with a minimum income of $18,000. Banks were now allowed to issue cards with a $500 credit cap and no minimum income requirement. Additionally, new customers can also get S$60 (or S$30 for existing customers) CapitaVouchers when they spend at least S$1,000 within the first 30 days from card approval. It didn’t offer much in the way of benefits, but it meant that students could boast their first-ever credit card, even before they joined the workforce. With that said, it is still a great cashback credit card with no cap to the amount of cash rebate you can earn each month. The only silver lining in getting an ICBC-issued card is the ability to be upgraded to Sands Rewards LifeStyle Elite tier for 3 months and this gives you exclusive privileges like daily complimentary parking at Marina Bay Sands, access to ArtScience Museum as well as a number of attractions like kyPark Observation Deck, Sampan Rides and Digital Light Canvas. The key difference between a secured and an unsecured credit card is the need for collateral. >No minimum income required >Singapore Citizens, Permanent Residents or Foreigners >Working Adults (min. If you’re really insistent on trying though, there is an alternative option I haven’t mentioned above: Diners Club. Annual Fees. Enjoy greater savings with this card that offers one of the highest cash rebates for your daily essentials across Singapore and Malaysia. S$30 Cash Reward + S$100 Cash Rebate (Min Spend Required)New to Card Applicants. For avoidance of doubt, this does not include transactions made at Airlines, Travel Agencies, Cruise Lines, Railways and third party travel websites. While it does not offer up to 1.6% cashback for local spend, it does have a significantly higher cash rebate for non-SGD transactions. Borrowers should also keep in mind that the minimum income requirements differ between lenders. If you are a new-to-card Maybank customer - applying for the Maybank FC Barcelona Visa Signature Card will get you S$30 bonus (transferred into your bank account via PayNow) and you can also get an additional S$100 cashback if you also apply for a CreditAble account and spend S$250 per month for the first two months - more information on the Maybank promotion here! A minimum annual income of S$30,000 for Singapore Citizens, Permanent Residents and Japanese Nationals. You need to be at least 21 years old or above to apply for a Citi Credit Card. Borrowers should also keep in mind that the minimum income requirements differ between lenders. The American Express® Singapore Airlines PPS Club Credit Card. The card which has a one time joining fee of Rs.500 enables cardholders to avail 85 percent of the fixed deposit amount as credit limit. ... No minimum annual income for Singaporeans, Singapore PRs and foreigners. Enjoy your current Hilton Honors status through March 2022 and keep it for longer with reduced requirements in 2021. As it is not backed by collateral, a minimum income is required to ensure that users have the financial means to repay the loan borrowed through the credit card. Love it.”, Maybank Horizon Visa Signature Credit Card, Standard Chartered Unlimited Cashback Card, Allianz Global Assistance Travel Insurance, debit card may be a more appropriate option, using your card for public transport via SimplyGo, Diners Club International Ace Credit Card, Diners Club/ Secret Recipe Cobrand Credit Card, Diners Club/ Sheng Siong Cobrand Credit Card, Diners Club/ HomeTeam NS Affinity Credit Card (only for HomeTeam NS members), Diners Club/ JP Pepperdine Cobrand Credit Card, Diners Club/ Don Don Donki Cobrand Credit Card, 6 Credit Cards That Give You Free Access to Airport Lounges. What if you’re studying, or taking a significant pay cut to pursue a passion project: are credit cards out of reach for you? But 73 per cent of credit cards now set no minimum income at all, data firm Defaqto says. You can now earn miles, points, or STAR$ on GrabPay Wallet top-ups officially using an American Express card for a while - registration required. Students and working adults with at least $16,000 annual income are eligible to apply. There are credit cards presented through banks in Singapore to applicants who earn under S$20,000 p.A. The Standard Chartered Unlimited Cashback Credit Card allows you to earn 1.5% cash rebate on all eligible local and foreign spend that you put to this card with no minimum spend required and no cap to the amount of cash rebates you can earn each month. If you have to pick this card, do note that New-to-Card Standard Chartered applicants will also be able to enjoy a S$100 cash back bonus if they apply for the Standard Chartered Unlimited Cashback Credit Card using MyInfo. You have an existing credit card limit of S$20,000 and have recently spent S$5,000 on it, leaving you with a balance of S$15,000 on your credit card limit. While secured credit card applications will often ask about your employment and income, you’re more likely to be approved for one of these credit cards because you’re making a security deposit as collateral. Convert your available CIMB Credit Card credit limit to cash at no interest with ... Min. It’s another if you’re struggling to make ends meet, and hoping to get some short-term funds through a credit card. Live Fresh Visa Card from DBS. ... For Singapore Citizens and Residents, you have earnings which provide an income of over S$30,000 p.a. That is equivalent to a monthly salary of $2,500, or even lower if you typically receive a 13 th month bonus every year. You still have one alternative, in the form of student credit cards. The majority of cards here earn cashback, and pretty measly rates at that. The only benefits of note are free entry to Zouk and Phuture on the DBS Live Fresh Student Card. If you do not mind taking a bit of hit on the cash rebate rate for a little more on specific categories, the CIMB World Mastercard is not a bad option either. By Aaron WongAaron started The MileLion to help people travel better for less and impress “chiobu”. Credit cards with no minimum spend are great, as you get to spend without the pressure of hitting the monthly minimum spend limit. For Foreigners: Female and a minimum annual income of S$40,000 is required OR Fixed Deposit collateral of at least S$10,000. You will no longer enjoy up to 50% off dining at TWG Tea and Burlamacco from 01 January 2021. 21 years old) >Minimum annual income of S$18,000 >Singapore Citizens or Permanent Residents. Eligibility: To apply, you must: Be a Singapore Citizen/Permanent Resident You’ll note the vast majority of the cards listed above require you to be a currently enrolled student, or an NSF waiting to enter a tertiary institution. Those willing to put at least $10K in a fixed deposit account can get secured credit cards with DBS, HSBC, UOB and other banks Retirees (55 or older) can qualify for credit cards if they have income >$15K, net personal assets >$750K or a guarantor with income >$30K, but their maximum credit limit is 2X monthly income instead of the usual 4X Annual Fees. With this change, the Minimum Payment Due wil We list the best credit cards for low income, specifically cards with no income requirement. Click HERE for the best credit card sign-up offers in Singapore!, 3.0% Cash Rebate Welcome Bonus (capped at first S$5,000). The Best Cashback Credit Cards in Singapore (2020) with No Minimum Spend and No Cap on Cash Rebates, 4 miles per dollar on specific categories, American Express True Cashback Cardholders, Standard Chartered Unlimited Cashback Credit Card, awarding Travel$ in S$5 blocks from 01 June 2020, more information on the Maybank promotion here, TWG Tea and Burlamacco to Exit American Express Love Dining Program from January 2021. For new-to-card Citi customers, you have two options - you can choose a S$200 cash bonus (but it requires you to apply for a different credit card first), or the 2.9% cash rebate bonus (capped at the first S$5,000) if you sign-up for the Citi Cash Back+ Mastercard directly. An alternative is to apply for a Secured Credit Card if Minimum Income Requirement is not met. Plus The Ultimate Savings Guide for COVID-19 and Beyond, for free! It is available to students over 18 years, as well as working adults between the ages of 18 and 30. Convert your available CIMB Credit Card credit limit to cash at no interest with ... Min. I found and applied for a cashback card easily on their website. Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000. You also won’t have to rack your brains thinking about which spending categories your purchases fall into because the rebate is applied to all your expenses. It, however, still gives you the many benefits and freedoms of a credit card. Given its almost non-existent acceptance, people tend to forget that Diners Club exists. In addition, the S$32.1 annual fee is waived 1 year. Plus, you shop at FairPrice, go to McDonald’s and occasionally visit the cinemas. Understanding Balance Transfers: How Much Can You Really Save In Interest? Before we begin, a word of warning. HSBC, DBS, UOB and CIMB all offer secured versions of popular credit cards like the DBS Altitude and UOB PRVI Miles. You can do that too, by redeeming your points for a direct cash rebate on your credit card bill. Quick review of LumiHealth after using it for a week and how you can get an Apple Watch SE if you sign-up for a free credit card before 30 November 2020. As it is not backed by collateral, a minimum income is required to ensure that users have the financial means to repay the loan borrowed through the credit card. Foreigner above 21 years old with an annual income of at least S$45,000. ... No minimum spend, no … If you are looking for an alternative credit card, the ICBC Chinese Zodiac Credit Card is on par with the Citi Cash Back+ Mastercard - it offers 1.6% cash rebate on all eligible transactions but there is little reason to pick this over one that is issued by Citibank. NRIC; Credit Bureau (Singapore) Pte Ltd 2 Shenton Way #20-02 SGX Centre 1 Singapore 068804 Tel: +65 6565 6363 www.creditbureau.com.sg *Note: The free credit report is not available for renewed or replaced cards. With the Capital One Secured MasterCard, for example, you can make a security deposit as low as $49 for a $200 credit limit, depending on your creditworthiness. We'll admit it's a bit of a catch-22; you'll need a credit card to even develop a good credit score, yet having a credit card poses the risk of earning a bad credit score. We at GET.com have narrowed down the 3 best credit cards for high-income earners that could really benefit them.. 1. Best no minimum cashback credit card for groceries and fast food: Citi SMRT Card. annual income (Singaporean/Singapore PR): S$30,000. To put things simply, the CIMB World Mastercard offers a base cashback of 1.5% on all eligible spend which will be credited in the same statement month. LumiHealth Will Reward You With up to S$380 Worth of Vouchers for Staying Active and Making Healthier Choices - Everything You Need to Know! Travel companion card. Convert your available CIMB Credit Card credit limit to cash at no interest with ... Min. Cashback Credit Cards with No Minimum Spend In Singapore. So those are your options for getting a credit card if you earn less than $30,000 a year. Credit cards like the Maybank FC Barcelona Visa Signature Card and the ICBC Chinese Zodiac Credit Card may earn you higher cashback, at 1.6% instead. However, the minimum annual income criteria depends on the type of credit card and your residential status. ANZ Travel Visa Signature Card In that case, you should get the Citi SMRT Card. The brand new CIMB AWSM (“Awesome”) Card is Malaysian bank CIMB’s entry into the student credit card space. You don’t want a minimum spend requirement on your credit card, but you also think that 1.5% on all local spend is too low. Singaporean or Singapore PR above 21 years old with an annual income of at least S$30,000. Citi Clear Card is a student credit card that offers exclusive dining privileges and various other privileges. Typically, a credit card for low income earners has the following features: Low annual income requirement (ranging from PHP 120,000 to PHP 180,000) – This means people earning from PHP 10,000 to PHP 15,000 may qualify for a credit card. Most credit cards in Singapore require users to earn a minimum income of $30,000 per annum. But 73 per cent of credit cards now set no minimum income at all, data firm Defaqto says. Check out this student credit card and apply right here! Types of high income credit cards From now until 31 May 2020, apply for the CIMB World Mastercard as a new customer and spend a minimum of S$200 per month for the first two months to receive a S$50 cash credit. 6 Credit Cards You Should Use as Your EZ-Link Card, Most Popular Credit Cards In Singapore 2020, $5 per quarter, waived with one transaction per quarter, 1% cashback on dining, entertainment, online shopping, telco bills, 0.5% cashback, capped at $2.50 per billing cycle, Total net personal assets of at least S$2M, Total net financial assets of at least S$1M. 1% is decent, especially considering there’s no minimum income and spending requirement. The American Express Platinum af'FAIR 2020 - Get Two Bottles of Ruinart Champagne Delivered for 15,000 MR Points, One Week into LumiHealth (A Quick Review) - How I Earned Free Vouchers and How You Can Get a Free Apple Watch SE, Chope to Extend 2020 Membership Tier into 2021 - Upcoming Chope-Dollars Devaluation on 17 November 2020. Entertainment and Recreation - all local and overseas transactions made at Theatres, Video Entertainment Rental stores, Pool and Billiard Establishments, Game Arcades, Bowling Alleys, Golf Courses, Country Clubs, Amusement Parks, Aquariums and Tourist Attractions. Banks were now allowed to issue cards with a $500 credit cap and no minimum income requirement. The main value proposition for credit cards in this segment is clearly convenience rather than rewards. so you should definitely pick the right cards when it comes to mileage accrual. Don’t miss out on The Platinum af'FAIR 2020 where you can get two bottles of Ruinart Champagne delivered for just 15,000 MR Points. Although MAS specifies a distinction in credit limits between those who earn $30-120K (4X monthly income) and those who earn $120K and above (no limit), it’s entirely the bank’s prerogative to approve someone earning $30K for a so-called $120K card. What if you don’t, though? Since the latter will only give you S$145 cash rebate after spending S$5,000, I highly recommend that you sign-up for the Citi Rewards Card (there is fee waiver for the first year of card membership) first to get the S$200 cash bonus (valid until 31 May 2020 at the time of writing). Try a Secured Credit Card . you hold a Priority or Private Banking relationship with them), you … Get up to S$380 worth of vouchers for free with LumiHealth when you stay active and make healthier choices - all you need is an Apple Watch. The annual income requirement for foreign nationals is higher as compared to Singapore Citizens. Apply online. Your borrowing history is compiled in something called a credit bureau report, and can be obtained from the Credit Bureau of Singapore for a … Some credit cards in Australia have relatively low minimum income requirements of $15,000 to $35,000 per year. Promotion ends on 31 December 2020. Next is the Maybank eVibes Card, which gives you 1% cash back on everything. While competitors tend to stick to the basics, SC Unlimited Cashback Card is SimplyGo functional and offers cardholders up to 21% fuel savings at Caltex. In most cases, the minimum salary required to apply for the credit card is Rs.15,000 per month. Your personal and financial data stays safe through 2-factor authentication. Few of us will meet meet conditions (2) or (3), but most working graduates are quite likely to satisfy condition (1). For the most part, the only way to avoid the income requirement for credit card applicants under the age of 21 (or, really, any age, as most issuers will prefer you to have an income) is to apply with a qualified cosigner.. Other foreigners require a minimum annual income of S$60,000, or if you do not meet the income requirements, a Fixed Deposit collateral of minimum S$10,000 is required. For some banks, Income Tax Returns are also asked, if they fall under the income tax bracket. You can now earn 7.81 miles on coffee and food when you use The Platinum Card at Huggs Coffee - valid through 30 November 2021. Not exactly. Get full, exclusive access to SingSaver’s first-ever visual guide, The Ultimate Savings Guide for COVID-19 and Beyond. The credit limit will be S$500. Choose wisely! You’ll keep your Chope membership tier for 2021 (without satisfying the usual requirements) but there’s an upcoming devaluation on Chope-Dollars on 17 November 2020. . CIMB student credit card – CIMB AWSM Card. Find out all about the Hilton Honors program changes in 2021 here. Credit card Minimum income Minimum credit limit Purchase rate Other features; Citi Prestige: $150,000: $30,000: 21.49% p.a. Choosing credit cards over cash is definitely something that everyone should do (so long you pay off the outstanding balance each statement period) and by doing so, I have managed to travel in First and Business Class for free for the last six years or so - there are only a handful of credit cards in Singapore that will give you 4 miles per dollar on specific categories of spend (no one said it would be easy!) Cardholders earn at the fairly standard 1.5% flat rate with no minimum spend requirements and no earnings caps. Other foreigners require a minimum annual income of S$60,000, or if you do not meet the income requirements, a Fixed Deposit collateral of minimum S$10,000 is required. Back in 2007, the MAS eased restrictions on credit card age and income requirements. A card with a “high” income requirement could range between around S$50,000 and S$500,000 per year. OCBC VOYAGE Card. In other words, if you thought it’d take you a long time to earn a free ticket with the Citi Clear card, it’s not much better with Diners Club. Since this is also a World Mastercard, you will get to enjoy exclusive World Mastercard privileges with this credit card. It will become easier to retain and obtain elite status in the World of Hyatt program in 2021. Try a Secured Credit Card . Best Cash Back Card With No Minimum Income The number one cash back credit card that has no minimum income requirement, is the Tangerine Money-Back Credit Card. The OCBC 90°N Card is also not a terrible miles card when you compare it against general spending cards like the Citi PremierMiles Card or the DBS Altitude Visa Signature Card which offer only 1.2/2.0 miles per dollar (even though miles are awarded on a per-dollar basis rather than a S$5-block basis). Some cards also have annual fee waivers if you meet the stipulated annual minimum spending. New American Express True Cashback Cardholders will enjoy a cashback rate of 3% the first S$5,000 (capped at S$150 cashback) worth of eligible transactions charged to the card within the first 6 months of card membership. Granted the ICBC Chinese Zodiac Credit Card has 3 years of annual fee waiver (Citi is only offering a fee waiver for the first year but it is usually easy to request for a waiver if you use your card regularly) and it does have a number of interesting card faces but I am personally a bigger fan of Citibank in general - you will definitely want to consider customer service, mobile app and internet banking experience before making this decision. There is no minimum annual income required for this card. Subject to a cashback cap of $40. Standard Chartered Manhattan Credit Card. After all, these were never meant to replace “proper” credit cards; they merely provide the convenience of cashless payments to those who would otherwise not have it. Besides, if you are a new-to-card Citi customer, you will also be able to get S$200 cash bonus (transferred into your bank account via PayNow) if you apply for any eligible credit cards from Citibank. For Singapore Citizens and Permanent Residents: Female and a minimum annual income of S$30,000 is required OR Fixed Deposit collateral of at least S$10,000. ... For Singapore Citizens and Residents, you have earnings which provide an income of over S$30,000 p.a. KrisFlyer UOB Credit Card. Already signed up? You don’t want a minimum spend requirement on your credit card, but you also think that 1.5% on all local spend is too low. Borrower's Consent for Setting Credit Limit. They’re suited to people who regularly spend with a credit card, will repay their balance in full each month, and can take full advantage of the premium card’s features to justify the annual fee. Minimum Age. Singapore residents and Singapore Permanent Residents with a minimum income of more than $20,000 per year would likely be considered to be eligible to take up a personal loan. Plus, find out why cards have minimum income requirements, in the first place, and a few possible ways around them. You will now require 1,000 Chope-Dollars for a S$10 discount code on Chope - should you stick to this restaurant reservation platform? The Citi Cash Back+ Mastercard (not to be confused with the Citi Cash Back Card) is one of the newest cash back credit cards in Singapore and it offers a flat 1.6% cash back on all eligible transactions that you charge to this card. It’s no big surprise that the benefits and perks offered by cards in this segment are somewhat underwhelming. This card is designed for those who want to manage their spending. S$100 Cash Back Bonus(New to Card Applicants via MyInfo). This means that regardless of whether your transaction was made in a local or foreign currency, you will receive a flat 1.6% cash rebate on the total amount charged. Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000. Credit cards with no minimum spend are great, as you get to spend without the pressure of hitting the monthly minimum spend limit. Best no minimum cashback credit card for groceries and fast food: Citi SMRT Card. However, SC Unlimited Cashback Card stands out by offering great transport benefits. Zero to low annual fee – Some low-income credit cards have no annual fee for life. The thing is: any income requirement above $30K is essentially arbitrary. 21 - 27 years old. Sign in now to claim your free savings guide. Cashback Credit Cards with No Minimum Spend In Singapore. You will need the following documents to obtain the free credit report: Card carrier that comes with your credit card. Minimum profits criteria to own this credit score card: Working Adults – S$18,000 p.A. These basically carry the same fees and benefits as a regular credit card, but require you to put $10,000 in a fixed deposit (which also serves as the credit limit). An example of this is the DBS LiveFresh student card, which has no minimum income requirement. I found and applied for a cashback card easily on their website. Lloyds, Halifax, Yorkshire Bank, Sainsbury's and M&S all … The minimum salary required for a low-income credit card differs between one bank to the other. Age 18 or older. In the 12 years since, many new products have been launched for this segment, which begs the question: which is the best credit card with “no income requirement”? Apply for a UOB YOLO Card from 16 March to 30 June 2020, complete SMS registration and spend a minimum of S$600 within 30 days from the card approval date. Age. The latter should seriously consider whether they “need” to get a credit card, even if it only has a $500 credit limit. Hold a Centurion or Platinum Card from American Express? At the time of writing, the FX fee for a Maybank credit card is only 2.75% (I believe this is the lowest in Singapore) while Citibank charges 3.25% and this is probably the only advantage that the Maybank FC Barcelona Visa Signature Card has. While it may not offer the highest cash rebate on local and foreign spend, certain categories of spend will get accrue an additional 0.5% cashback (bringing the total cashback rate to 2.0%) which will be credited in the following month. Read these next:3 Reasons to Cancel Your Credit Card6 Credit Cards That Give You Free Access to Airport LoungesUnderstanding Balance Transfers: How Much Can You Really Save In Interest?6 Credit Cards You Should Use as Your EZ-Link CardMost Popular Credit Cards In Singapore 2020. 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