Credit Cards

I was once attending an external course at the Copthorne Waterfront Hotel, when the instructor did a short game to let us guess the total no. of credit cards the entire class was holding on. It turned out that the avg number held by each person was abt 4 cards.

Personally, I am a great fan of credit cards - for rebates and discounts of cos. Recently, these are my credit card activities:

Given up
1) HSBC Classic Visa Card - expired
2) HSBC Classic Mastercard - expired
3) Citibank Dividend Mastercard - upgraded

The HSBC card was a great deal as it gave me $50 credit upon application - unlimited to any purchase. I spent it on 2 meals- once with Jane (kena NUH next day), and another once with JY. Citibank Dividend Mastercard gave me 3% discount off my fuel purchase, and 2% off any dining purchase.

Taken up
1) UOB Singtel Visa Card
2) Citibank Platinum Master Card - Free upgrade by Citibank from my Dividend Mastercard

The UOB card gives many benefits to a singtel user - eg. earn points from monthly tel bills + free caller-id + 10% off any purchase at hello! store + waiver of start-up fee for new purchase. It also gives me $1 cash discount for any $30 spent on fuel. Citibank Plat card offers me 5% fuel + 2% dining + 2% supermarket REBATES.

Existing Cards
1) American Express - Corporate Card
2) Exxon Mobil Card - 3% off fuel purchase

Amex is more for business trips, while the Exxon Mobil card is getting redudant for me with the arrival of my Citibank Plat card, which gives me a better deal.

Haha, as a typical kiasu singaporean, I m always on a look out for the best lobang and greatest discounts. Esp on my fuel purchase, it really saves me a great deal of $$$. But the danger is - I feel less heart pain when paying my bills off my credit cards compared to using cash, meaning, i am in a danger to spend more.