So Madonna Rebel Heart tour is over in Singapore. How did she arrive and leave Singapore?
Private Jet: Yes
Terminal 1/2/3: Neither. CIP Terminal
Wait a minute. VIP is familiar to most people but what is CIP? CIP stands for Commercially Important Person. Examples of CIPs include Madonna, Gordon Ramsay and Lady Gaga just to name a few. Whenever a private jet or CIP lands in Changi Airport, they will be received and handled by CIP Terminal: JetQuay.
As mentioned in my previous post, I have decided to try JetQuay for the first time when I touch down in Singapore from Hong Kong. So here was my experience as a CIP.
Buggy ride from gate to JetQuay. My check-In luggage was retrieved in parallel by their staff.
Arrival in style.
Drinks and light food.
Table and bench: Casual
Can fit group comfortably.
Chill while waiting for DFS purchase.
Can do some business.
In front of JetQuay’s signature spiral stairs.
So this place looks very exclusive right? It is actually more accessible than many people think. All you just need is Standard Chartered Manhattan World MasterCard Credit Card which only require annual income requirement of SG$30,000. Any freshman who start work can access this. You can just call JetQuay for booking. For details, check my previous post.
Standard Chartered Manhattan World MasterCard Credit Card
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.
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.
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.)