[Deal] Chillax

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Have been sharing about dining privilages offered by Palate and the FAR CARD recently and hope you enjoyed them. If you missed these posts, please read them here and here.

Will like to share another deal and this time is for nightlife people! It’s Friday (TGIF!) today so how many of you are thinking of where to go party or chill after work? Here is a good deal that you can look at: Chillax!

Chillax features a good selection of chill out spots for you to unwind after a day’s work. Here are the merchants and benefits:

 Merchants Benefits and Restrictions
 :pluck
  • 1-for-1 on First Drink.
  • 10% off total bill.
  • Except on Fridays and eve of Public Holidays.
 Ah Sam Cold Drink Stall at Boat Quay
  • Complimentary bespoke cocktail.
 Anti:dote
  • Complimentary welcome drink-Bespoke cocktails, house wine, beers, fruit juice.
 Horse’s Mouth Bar
  • Complimentary bespoke cocktail.
 Gem Bar
  • 1-for-1 on First Drink.
  • 10% off total bill.
  • Except on Fridays and eve of Public Holidays.
 iNCOGNiTO
  • Complimentary craft beer.
 Maison Ikkoku
  •  Complimentary bespoke cocktail.
 Manor
  • 1-for-1 on First Drink.
  • 10% off total bill.
  • Except on Fridays and eve of Public Holidays.
 Shin Gi Tai
  • Complimentary craft cocktail or beer.
 The Auld Alliance
  • Complimentary glass of house whisky.
 The Mad Men Attic Bar
  • Complimentary Kirin or Pure Blonde beer.
  • 1-for-1 Nikka Taketsuru Pure Malt Whisky by glass.
  • Nikka Taketsuru Pure Malt Whisky bottle at SG$178.
  • Excluding eve and Public Holidays.
 The Secret Mermaid
  • 1-for-1 first drink-Beer, wine, bespoke cocktail and tasting flights.
 Wanton Seng’s Noodle Bar
  • 1-for-1 on First Drink.
  • 10% off total bill.
  • Except on Fridays and eve of Public Holidays.

Chillax is a lifestyle benefit brought to you by American Express Platinum Credit Card. Just pay using American Express Platinum Credit Card at these merchants to Chillax. Chill on!

Amex Platinum

American Express Platinum Credit Card

[Credit card] Primer

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You are now studying in Polytechnic/University or just started your first job and want to get your first credit card but do not earn more than SG$30,000 per annum? You can and there are options available: Credit cards with SG$500 credit limit.

Well, SG$500 credit limit may not seems much. But these cards served me well when I started on credit cards. They helped me in building up a good credit discipline and increase my spending power when combined.

So here are 2 credit cards that I started on with SG$500 credit limit each long time ago.

Here are the requirements on these credit cards:

  • Age requirement: 18 years old minimum at time of application. (21 years old for other credit cards usually.)
  • Nationality: Singaporean or Singapore Permanent Resident. (Foreigners on employment pass allowed with higher annual income required usually for other credit cards.)
  • Parent/Guardian consent required for applicant age below 21 at time of registration.
  • Must not be a principal credit card/credit line holder.
  • Non student: Minimum SG$18,000 income per annum. (Standard Chartered Manhattan Platinum MasterCard. Usually SG$30,000 minimum for other credit cards.)

What is required when applying for credit cards:

  • Photocopy of NRIC/Passport.
  • Computerized payslip (Latest minimum. Recommend to submit 3 months.), Income tax Notice of Assessment or 12 months CPF contribution statement. (Self employed individuals will need to submit more.)
  • Completed application form.

What to watch out when applying for credit cards:

  • Annual fee: About SG$30 for these cards. (Usually 1st year waived. Subsequent waiver at bank’s discretion.)
  • Credit limit: SG$500. (Usually 2-4x of your monthly income at bank’s discretion for other credit cards.)
  • Interest rate: About 24% per annum or a minimum amount as stipulated by bank. (Interest can be scary and you will be playing with your credit score if you default. You have been warned.)
  • Statement date: Please call bank after you received your credit card to know your statement generation/cut off date. (This will help you in planning your purchases.)
  • Payment grace period: About 20 days. Pay fully within grace period and there will not be any interest charge.
  • Cash advancement fee: About 6% of amount advanced or a minimum amount as stipulated by bank.
  • Other fees like late fee or over limit fee which you should never ever need to pay if your credit discipline is good.

How to decide which card to get:

  • Your spending habit/pattern:
    • If you are a party guy/gal that frequent Zouk, get Citibank Clear Visa as that credit card offer free entry and 1-for-1 drinks at Zouk.
    • If you are after cashback, get Standard Chartered Manhattan Platinum MasterCard as that credit card offers 0.25% cashback in this case.
    • For other credit cards, you will want to look at rewards on offer and flexibility in redeeming rewards.
  • Bank: If you have any bad blood with any bank or if bank does not has a good reputation, you will not likely want to get a credit card with them. Unless benefit is unrivalled.
  • Payment method:
    • Internet banking (Must have!)
    • SAM (Cut off time 5pm.)
    • AXS. (Cut off time 8pm.)
  • Payment network: Usually I recommend 1 Visa, 1 MasterCard and 1 American Express credit card per bank (At least 2 banks. Just in case 1 bank’s cards just all decide to die on you. It can happen!) for maximum acceptance across the globe. (JCB is an exotic 1 for Japan. Only offered by UOB in Singapore.)
  • Gold/Platinum/Visa Signature/MasterCard Titanium/MasterCard World:
    • Gold is like entry level for American Express. (E.G. American Express Singapore Airlines KrisFlyer Gold credit card.)
    • Platinum is like entry level for Visa/MasterCard/JCB. Premium for American Express.
    • Visa Signature is usually targeted at frequent flyers.
    • MasterCard Titanium is just a fancy gimmick by MasterCard in my opinion. Only offered by OCBC in Singapore.
    • MasterCard World is similar to Visa Signature in terms of level.
  • Contactless payment solution:
    • Visa payWave
    • MasterCard PayPass
    • American Express
    • EZ-LINK
    • NETS FlashPay

Hope this helps as a good start to your journey with credit cards.

Disclaimer: Use credit card responsibly.