Is It Wise...?

• SpecOps87

  24 Jul 07, 17:59

  Hi All,
  
  Am seriously considering applying for CitiBank's Clear card, it requires no minimum annual income and has a limit of $500. As I'm going overseas at the end of the year, I believe it should come in handy.
  
  What are your views?
  
  Thanks,
  SpecOps87
• qlqq9

  24 Jul 07, 18:03

  Originally posted by SpecOps87:

  Hi All,
  
  Am seriously considering applying for CitiBank's Clear card, it requires no minimum annual income and has a limit of $500. As I'm going overseas at the end of the year, I believe it should come in handy.
  
  What are your views?
  
  Thanks,
  SpecOps87

  ask yourself, are you going to spend more than $500 overseas. If yes, then no point applying for it. $500 credit limit, u must as well pay cash. $500 credit limit is not attractive and does not help much.
• mhcampboy

  24 Jul 07, 18:04

  You will spend the $500 the month you get the card...
• SpecOps87

  24 Jul 07, 19:48

  Well...I'm actually single, and I don't spend much myself. Am able to save like 30% of my allowance monthly. But any advices from credit card holders out there?
• ispyyy

  24 Jul 07, 19:54

  recently, POSB got issue a new type of ATM card...
  GO card... It contains master card properties... tat means if u go oversea, u can draw money from any circcus m/c...
  The go card serve like credit card except tat it cant be use in internet...
  Tat go card maximum can draw $2000... I think maybe more... u find out...
  
  Get tat ... can liao
  
• newcomer

  24 Jul 07, 20:02

  get at least 2k limit. at least can get u a return ticket and a night stay in a hotel in case of emergency.
• qlqq9

  24 Jul 07, 20:07

  Originally posted by SpecOps87:

  Well...I'm actually single, and I don't spend much myself. Am able to save like 30% of my allowance monthly. But any advices from credit card holders out there?

  Why don't you apply for the common credit card which can offer more? I am not sure what comes with the card that you mentioned. But common credit cards have benefits/perks like smart $, UNI$. The one I am using offer rebate when make purchase at certain places, and 12% discount for movie tickets, and other benefits.
• SpecOps87

  24 Jul 07, 20:51

  Originally posted by qlqq9:

  Why don't you apply for the common credit card which can offer more? I am not sure what comes with the card that you mentioned. But common credit cards have benefits/perks like smart $, UNI$. The one I am using offer rebate when make purchase at certain places, and 12% discount for movie tickets, and other benefits.

  Well, the Citibank card actually has the points thingy as well, and rebates, promo. And I don't wish to get a higher limit card as it will end up being a supp. card which is linked to my parent's,so yeah. Any of you guys used Citibank's cards before?
• browniebaobao

  24 Jul 07, 20:58

  Continue in existing thread lah.
  
  http://www.sgforums.com/?action=thread_display&thread_id=269181&page=3
• Renoi

  24 Jul 07, 21:03

  if im not mistaken, the rest of the bank will launch similar cards in the future.
  
  just spend wisely, you dun really want a black mark in your status.