snobbish SG Heard from a bank officier that in July, credit card applications will be easy as the minimum salary per annum required will be lowered. He says monthly will be around 1.7K can apply already. Now just awaiting approval from MAS. Anyone know about it
FireIce SG yes..... more and more ppl can sign up and more and more ppl will chalk up bills and banks will face more and more bad debts credit card no longer have the prestige. even gold and platinum cards oso anyhow give out now
snobbish SG Yeah lor, a friends friend earning normal salary got a platinum card due to connections (heard as long as earning commision ok le)
Aveme SG zzz more temptation for a group of people that really is not financial savvy enough to understand the traps of a credit card more bankruptcy?
photo_seeker SG Good for those who’ve enough money but the pay isn’t sufficient or works with commission. But bad for those who’re unable to work and pay for what they’ve bought.
cornyfish2000 SG Other than when going overseas booking hotels etc, there is really no necessity to have a credit card.