Steps to Select the Most Suitable Credit Cards for Your Spending Habits
Steps to Select the Most Suitable Credit Cards for Your Spending Habits
Blog Article
Steps to Select the Most Suitable Credit Cards for Your Lifestyle
Navigating the credit card benefits options can be confusing with so many selections available, each offering different offers, benefits, and advantages. We've optimized the process to make it easier to start in less than 5 minutes, with ongoing monitoring so that you are always aware if there are improved choices for you.
**Understanding Your Spending Habits**
The first step is to determine your monthly expenses across different categories such as:
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- Online
- Wireless transactions
- Restaurant spending
- Foreign Currency Spend
- Other expenditures
This information helps us gain insight into your spending patterns and determine the optimal collection of credit cards based on your spend.
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**Personalized Credit Card Recommendations**
Next, our automated tool compares your spending patterns with our collection of credit cards to estimate the potential rewards you could earn from various credit cards, considering factors like incentive percentages, caps, and exclusions.
We maintain an updated database of credit card offers from all key financial players in Singapore, including miles and cashback cards as well as Welcome Incentives.
We also provide options for further optimization such as only filtering cards by banks or cards with no required first-year annual fee.
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**Continuous Monitoring and Recommendations**
Since offers and conditions can change over time, our platform regularly refreshes its recommendations based on your usage patterns and alerts you of changes needed in your card portfolio to maximize your miles earned. This proactive method ensures you always have the optimal selection to achieve the highest returns.
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