The 5 BEST Credit Cards In Singapore 2023
ฝัง
- เผยแพร่เมื่อ 19 มิ.ย. 2024
- There are many credit cards in Singapore, and if you chose the wrong card, you won’t enjoy the full benefits. In this video, I will show you my best 5 credit card in Singapore 2021. Enjoy!
CREDIT CARDS
► UOB One Card kvli.link/uobone
► HSBC Advanced kvli.link/hsbcadvanced
► DBS Live Fresh kvli.link/dbslivefresh
► Citi SMRT kvli.link/citismrt
► SC Unlimited kvli.link/scunlimited
INVESTING
► Interactive Brokers kvli.link/ibkr
► Webull (free stock) kvli.link/webull
► moomoo Futu SG (free stock) kvli.link/moomoo
► Tiger Brokers (free stock) kvli.link/tiger
► uSMART (free stock) kvli.link/usmart
► POEMS Cash Plus kvli.link/poems
► Saxo kvli.link/saxo
► moomoo US (free stocks) kvli.link/moomoous
► Syfe kvli.link/syfe
► Seeking Alpha (offer price) kvli.link/seekingalpha
ROBOADVISORS
► Endowus (free $20) kvli.link/endowus
► Syfe kvli.link/syfe
► MoneyOwl (free $20) kvli.link/moneyowl
► StashAway (50% off fees) kvli.link/stashaway
► AutoWealth (free $20) CODE "Tan Kel Vin" kvli.link/autowealth
CRYPTO
► Gemini (free $10) kvli.link/gemini
► KuCoin kvli.link/kucoin
► Crypto.com app (free $25) CODE "kelvinlearnsinvest" kvli.link/cryptoapp
► Crypto.com exchange CODE "kelvinlearnsinvest" kvli.link/cryptoexchange
► Coinhako (20% discount) kvli.link/coinhako
► Luno (free $5) kvli.link/luno
► Coinbase (free $10) kvli.link/coinbase
► Independent Reserve kvli.link/independentreserve
► Tokenize Xchange kvli.link/tokenize
► Ledger kvli.link/ledger
PAYMENT
► Trust Bank (free $10) CODE "R2MQBA4S" kvli.link/trust
► Instarem Amaze CODE "plTefu" kvli.link/amaze
► CardUp ($30 off) CODE "KELINVEST" kvli.link/cardup
► ipaymy kvli.link/ipaymy
► GooglePay (free $3) CODE "eo13e2v" kvli.link/googlepay
► Revolut kvli.link/revolut
► YouTrip (free $5) kvli.link/youtrip
► BigPay (free $5) CODE "QBHVUHL7HU" kvli.link/bigpay
► Wise (free transfer) kvli.link/wise
► SIA Kris+ (free $5) CODE "T425139" kvli.link/krisplus
► DBS Paylah (free $5) CODE "AHVULE614"
► FavePay (free $1) CODE "FAVETANKEL" kvli.link/fave
LIFESTYLE
► EverDesk Table (up to $145 off) CODE "22+KLI" kvli.link/everdesk
► ErgoTune Chairs (up to $30 off) CODE "22+KLI" kvli.link/ergotune
► Bokksu ($15 off) CODE "KELVINLEARNSINVESTING" kvli.link/bokksu
► Qoo10 kvli.link/qoo10
► Shopback (free $5) kvli.link/shopback
► Klook (free $5) kvli.link/klook
► Planner Bee kvli.link/plannerbee
► Envato kvli.link/envato
► ExpressVPN kvli.link/expressvpn
SOCIALS
► Instagram kvli.link/instagram
► Telegram kvli.link/telegram
► Twitter kvli.link/twitter
0:00 - Intro
0:45 - UOB One Card
4:27 - HSBC Advanced Card
8:16 - DBS Live Fresh Card
10:47 - Citibank SMRT Card
13:09 - Standard Chartered Unlimited Card
Use this card if you have a very large expense.
This man is a legend and deserves quadruple the views and likes he gets so far, I’m gonna long my position on Kelvin’s channel :)
Haha, u are exaggerating by a lot, but thanks :)
This guy always make learning fun... great content Kelvin!
Very detailed breakdown, good job Kelvin !
Hey kelvin, thank you for making this video!! Just the one I need!!
You have a natural flair in presenting financial advise! Amazing!
Just Subscribed and Watching ur videos almost everyday now! V useful thank u!
Thanks!!
Nice video to summarise the best cashback cards available! Best miles card video next pls :)
Hi Kelvin, I think maybe you might have made a small mistake on the HSBC Advance Credit Card. To be eligible for the 1% additional cashback, you mentioned that one of the criteria is to have five transections on the card and which can be easily achieved by using this card as a public transportation card. However, I have checked with both the HSBC physical brick and mortar branch as well as calling the HSBC Credit Card hotline already, public transportation transactions isn't considered eligible transactions for the five transections required to get the additional 1% cashback.
am prepping for a credit card soon and I can get all the information I need on cashback cards in a bite-sized video... amazing!! can you make one on the best miles credit cards in Singapore too?
Awesome 👏🏻
Have been following your videos for month now. Keep up the good work and the jokes. Lol
What do you think comparing posb everyday card vs Uob card?
And ask a stupid question, does simplyGo charges the same as one using the ezlink card? I.e. the transition cost between bus and mrt. Thanks
Posb everyday gives 8% cashback for food delivery, 5% for sheng siong, lazada, amazon. If your main spend is not in these categories, then the card is not for u.
For ezlink, you would need to top up the card first, while for simplygo, you just treat the card as credit card and just tap and go
@@KelvinLearnsInvesting how about the simplygo and ezlink? Thinking if should just switch to paying bus and mrt fares using credit card instead to achieve the min spend
Wait. So we can actually use the credit cards for our bills payment and still get cash back? Example m1 season parking etc?
hi kelvin would you recommend DBS Live Fresh card or UOB EVOL?
Hi kelvin, great explanation! so i will have to setup a HSBC deposit account before i sign up for the card?
No need. Can just have the card without the account
Hi Kelvin, love your videos and insights! Could you do a comparison for Robo-advisors (Syfe vs Stashaway) and online brokers (MooMoo vs IBKR vs Tiger Trade)?
Planning a syfe video soon, will compare it to stashaway. For brokers, i'm waiting for moomoo's feature to be fully available before i make any comparison
Kelvin i love all your info, but you really funny LOL
Hi Kelvin, does Singapore’s credit cards have something like credit scores that we should aim for?
Don't have. Sg lenders are not as strict
Is uob one still the best among this period? I came here from your recent video
Hi kevin, which will be a better chioce if i spend below $300 /mth, citibank + mastercard 1.6% cashback no.min spend vs citi smrt card vs SC spree card. Mainly spend on food, travel expenses
Hello Kelvin, can I check with you if that I want to open Citi Bank credit card, however, I see the requirement for opening is that we must earn an annual salary of not lesser than 30k$, right? What if I'm still a student and do not have any full time job yet, am i able to still open? Because I'll love to increase my points when Im still young. Hope you will be able to help me out by clarifying with me
Hi Kelvin, while we are unable to charge cashback for insurance premiums for most credit cards. May I know if I am able to tag monthly insurance premium payment to make up the minimum spend per month so that I can more easily get cashback for other non-excluded cashback transactions?
hihi, thanks for your video, wish to check for Citibank Cards , does topping up of grabpay still considered as eligible spending ?
Unfortunately these do not. But i think amex true cashback do give cashbacks on grab topups. U can double check on this, not sure whether they revised the tnc or not
@@KelvinLearnsInvesting thankss how about the uob absolute cash back card that's also under American express?
Could you share more about the uob lady’s card and other uob credit cards?
Hi, where can i get that link for the cardup promo.
I have been paying my insurance with my UOB one for forgot that it isn't considered eligible spend anymore
Hi here it is:
Use "KELVINT928" to
signup at www.cardup.co/
So for uob one, 5% grab rides. Is it must hit the minimum spending of 2k? Or dunnid thanks!
Need to hit minimum $500
Hi Kelvin, do.you have a video on the comparison of priority banking.
What do you think of maybank family and friends card?
HELLO, do we have to pay any fees if we apply for the cards u mentioned above? I want to apply for Citibank SMRT credit card, will it be free?
There's generally an annual fee on the 2nd year. If you use the card often, they will be willing to waive the fee for you. If not, just cancel the card and use another card
HSBC Everyday Global Account will charge a $5 if average daily balance fall below $2000 right? So in order to secure additional 1% for your HSBC Advance credit card, you need to park a $2000 in that account first before you giro in and out every month to avoid getting charged?
Yup that's right
If I make UOB one my main card in Google / apple pay will it add towards the cash back?
Yes
My 5 credit cards I am holding:
UOB one card (previous UOB delight card was OP, too bad they stopped)
Citibank SMRT card (hardly use but I might as I try to divert my spending see how, previously use for public transport and groceries)
Standard chartered unlimited (1.5% cashback)
Standard chartered singpost spree card (I buy online and also use it to send stuff overseas when I sell on EBay) 3% online spend not bad at all.
CIMB Signature card ( dunno why I still have it, but no annual fee and if large online purchas I will use this)
Thanks Kelvin kor kor!
I see you are a card collector as well. The SC singpost spree card, isn't it better to charge to UOB One card and get 3.33% instead?
@@KelvinLearnsInvesting not wrong. The only reason I am holding it is for the 10% off priority speedpost shipping. I do sell on eBay and some times I ship overseas and sending bulky items the 10% off is a godsend. But I do use my main UOB one card most of the time, unless I “overuse” it. Lol.
@@KelvinLearnsInvesting planning to kill off the Citibank cards I still have with me lol. Not much use as of writing.
@@ASingaporeChipmunk Ohh, icic haha
@Kelvin Learns Investing : Just when I want you release this kind of video. Kudos Bro.. For Grab centric spending is UOB One the best one out there? How do we get attractive grab coupons and maximise cashbacks?
Yea, uob one is one of the best. If you need grab coupons, search for them in Shopee, there's a lot which gives like 10-15% discount
@@KelvinLearnsInvesting Which is a good credit card to pay IRAS Taxes and other govt spending. Is UOB One good or should I use the CitiPremier Miles Visa thru PayAll to get some miles?
One more point: Do you use or recommend Cardup to be used for all cash/Bank transfer expenses? What cards do you use for the same ?
Please 🙏 make video on Cardup !!!!!
Can u make a video on student credit cards?
You know any credit cards that we can get in Singapore with no credit score check or with bad credit score? Or how to improve credit score with no secured loans or credit cards?
Hi can I confirm UOB one card still accept cardup or ipaymy to get cash rebate for insurance/childcare fees/condo maintenance fees?
According to this article, uob one still works for cardup
carduphelp.zendesk.com/hc/en-us/articles/360024526894-Will-my-spend-on-CardUp-earn-rewards-on-my-credit-card-
For UOB 1 card say I hit 500 sgd each month for 3 consecutive month then we earn 3.3% cash back for ever on subsequent purchases ? Or we have to maintain expense of 500 every month there after ?
3 consecutive months to be eligible
Can share again your referral code for cardup? The link doesn't work.
Hey Kelvin, great stuff as always :) Would help if you can include the annual fees of these cards as well for comparison.
Also, what do you think about the Citi Premiermiles card - worth its annual fee?
The annual fee for all these card is $192.6. But if you use these card often, you can always waive them off, otherwise just cut the card if they are unwilling to waive.
For citi premiere miles, they give 4 miles on food delivery n home entertainment, 1.2 on local spend. Seems to me that there should be a better card out there
I’m a student under 21 and I’m considering getting the DBS Student Live Fresh Card. Is it advisable for a student to get a credit card?
Yea, as long as you dont overspend, its great
You need to be 21 to be able to apply for the student live fresh card
So if I link my card to google pay or whatever and I use google pay, are the card rebates still applicable? Or is it only applicable when I use my CARD👀
They are still applicable both ways. Plus google pay give you additional rewards when you use them :)
for UOB One, am I able to use the $500 monthly minimum to pay for my insurance?
They don't give you cashbacks for insurance. You will need to use cardup to earn cashback
Sorry noob here. Do I need a UOB bank account to have a UOB one card?
Don't need
Hi Kelvin I need to ask you something, I am currently serving NS, no job outside and earning average $800 a month and only have $2000 in my bank account, so what credit card should I go for?
If your monthly expense is below $500, go for citibank smrt, if above, go for uob one.
@@KelvinLearnsInvesting but would they accept me despite not having a full time job (due to NS) which means I have a annual income of less than $30k and my savings is only $2k so most likely I would get rejected. Plus I don’t have a credit score to show since I don’t have a credit card or pay bills to show the banks.
@@devstruction98 Ohh, likely won't. In that case you can check out cards which doesn't you to have an income: blog.moneysmart.sg/credit-cards/best-student-credit-cards-singapore/
Hi Kelvin Where can i buy Bitcoin? Which i could recd cash when i sell them?
Yea you will receive cash when u sell. Check this out: th-cam.com/video/kItsPtvt9DA/w-d-xo.html
@@KelvinLearnsInvesting Hi Kelvin, I m Msian ..which platform suitable then?
How about Luno?Tq
Hello. ive made a mistake to apply for cashline and now incur a 5K debt. what could be the most cost effective way to clear the debt?
Hm, it depends where u can get the cash as cheap as possible. If you have cash in the bank, definitely use that. Another riskier way, is to withdraw cash on margin from IBKR to pay it off, you will incur about 1.6% interest but its cheaper than cashline.
Hi kelvin. As a new comer to Singapore running a business. How will I be eligible for personal credit and business credit card. What r the requirements pls. And also how credit limit works in Singapore. Thank you
I think as long as u can prove that u have income, they will be glad to approve u. As for credit limit.. u can try to google for how they calculate it :)
@@KelvinLearnsInvesting of course I have income I am running a business. But just wana know for how many months pay slip and bank statement you need to show. How about business credit card? Thank you. All the best to your upcoming vdo
Hi, u will need to ask the bank for specifics.
I use my us bank cash +mostly for spend at Best Buy . Most cards won’t bonus bby
Hi thank you for the video.
As a foreigner coming to Singapore, I have some questions concerning the UOB One card :
1- Do you have to keep the 10,000 SGD collateral on the card at all times?
2- It is not very clear for me if, and how, to open an UOB account, then apply for the card. Do you have to open an account somewhere first?
3- Can you pay big expenses like the rent with services like cardup ?
Thanks!
1. Don't have to keep any collateral
2. No need to open UOB account. Just apply for the card directly
If I am making a payment for insurance , what card should I use
Most cards don't give cashbacks for insurance. Use card up to pay www.google.com/amp/s/blog.cardup.co/personal/best-cashback-credit-cards-maximize-savings%3fhs_amp=true
why no SCB Spree card?
Hello, I have read somewhere that I have to keep utilisation rate at 30% of my credit limit to maintain a good credit score. How true is this?
I don't know the exact details, but this seems about right. Try to use anywhere between 1-30% and you will be fine
If so, does that mean that we can't take much advantage of the cashback if we want to ensure good credit?
The credit limit can be quite high, like $10k or even more. In most cases u will rarely spend that much.
hi sorry, i’m quite a newbie to this. May I ask what do you mean by utilisation rate? does it mean I have to spend around 30% of my spending limit monthly?
good summary. however i dont see my OCBC 365 in the list. is it bad? lul
It gives 6% cashback on dining n food delivery. Groceries, utilities, grab 3%. Good if your main spend is in dining and food delivery. My main spend is in public transport, grocery. So i prefer uob one which gives 3.33%
@@KelvinLearnsInvesting sounds good for me
Can do syfe investing video ?
Next week
Waa kelvin.. u got any credit card debts?
Of course no la haha, having credit card debts is really irresponsible
How about the Sheng Siong card?
Good for use at sheng siong. Bad for general spending
Can sharesight track crypto?
Unfortunately no :(
How about UOB YOLO?
UOB yolo is good if main spend is on weekend dining, grab, entertainment, online fashion. If you have expense in public transport, grocery, bills, weekday dining, online spending then uob yolo will lose to uob one
Is this a paid video production?
If you were referring to the sharesight, no. I only get affiliate signups
Does transferring like 500 dollars to an investment account count as a $500 expense?
Doesn't count
its been proven that people spend more when using their credit cards. its very easy to overspend just to meet the min cashback criteria.
Yea, that's why need to have good self control when using credit cards
Agree as well that the reason why the banks are earning more than us. Just look at the offices that they have. They wont be so stupid giving u cashback if they don't earn more than it.....I have no credit cards. 1 debit card and pure 💸. It makes me think twice about withdrawing the money and go to spend to begin with.
Bitcoin currency card lah
Cannot la... I use bitcoin liao, bitcoin go up how?
ps: how are you always first??
@@KelvinLearnsInvesting then I 2nd lor
@@KelvinLearnsInvesting early bird has worm to eat mah😂
Which credit cards do you own 😬
My main card is the uob one. Got hsbc advanced but rarely use nowadays. And also cro card but not used actively
I use my us bank cash +mostly for spend at Best Buy . Most cards won’t bonus bby