Cardholders are given a free yacht hire, 6 airport lounge visits per year, free travel insurance, Hertz Asia privileges, regional golfing privileges and more. This compensation may impact how and where offers appear on this site (including, for example, the order in which they appear). In general you have to be at least 21 years old, and have a minimum annual income … Annual fee applies. T&Cs apply. Another SC Visa Infinite Card benefit is access to top-notch travel perks. In general, cards with high minimum incomes will have a lot more features than low income credit cards, but there are still many different credit cards you can choose from if you make a relatively low income. She's also one half of the Pocket Money podcast. We’ve selected the best cards on the market for business travellers in terms of comfort & convenience, high overseas rewards rates, and a few added benefits (like rewards for banking). Existing digibank customers If you are an existing … Overall, this card is perfect for higher spenders with an Advance account because while there’s a monthly cap, it’s very high, and the rebate rate is more than double that offered by unlimited cashback cards. Earn 10X UNI$ (or 20 miles) per S$5 spent on a chosen spending category with no min. The $30K minimum income requirement is a regulatory requirement, but there is an exception for one low credit limit card. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. That’s why credit cards have qualifying criteria. Earn up to 5X rewards points for every S$1 spent for eligible dining transactions, with no minimum spend required. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research, and led development & operations and BellaVetro. However, the guides and tools we create are based on objective and independent analysis so that they can help everyone make financial decisions with confidence. The minimum income for getting a credit card varies but can be as low as $15,000 per year. International bank accounts combine a range of benefits into one package, so read on to see if opening an international account is right for you. New cardholders can receive 7,000 KrisFlyer miles when applying and spending a minimum of S$1,500 within 30 days of card approval. 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Cardholders even have the chance to win a trip to see FC Barcelona play live, with travel and accommodations included. Ultimately, this is the best card for very wealthy local spenders looking to maximise cashback. Even better, spending S$50,000/year earns a fee waiver as well as 20,000 bonus miles (worth about S$200). Plus, travel cover of up to S$1,000,000. Why should I consider a credit card if there aren't any rewards? The most common aspirational credit card for young adults is a Visa Infinite branded one - these cards generally require an annual income of at least S$120,000. Apply today and receive up to S$80 cashback and 5% bonus cashback. Finder is committed to editorial independence. These cards are issued at lower or no minimum income limit and carry limitations such as lower credit limits to mitigate the risk of default. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. New cardholders will be awarded with a Samsonite Prestige 69cm Spinner Exp with built-in scale (worth S$670) or S$150 cashback with minimum spend of S$800 within the qualifying spend period while existing cardholders will get S$30 cashback. Is there such a thing as a credit card with no minimum income? Earn 1X TREATS Points for every dollar spent. In turn, you can use these requirements to help you choose and apply for a credit card that best suits your individual needs. You are about to post a question on finder.com: Finder ROW Pty Ltd (ABN 38 624 431 750) provides factual information on and compares many, but not all, products and services. T&Cs apply. If you're a high income earner spending S$6–8k+ per month, typical cashback cards' earning caps will restrain your potential. S$0 annual fee for the first 2 years and S$160.50 thereafter. Just keep in mind that your income is only one factor that’s taken into account during the application process. Maybank FC Barcelona Card only rewards overseas spend with 2 points per S$1 (equal to 0.8 miles, or about 0.8%), and therefore is best fit for local spenders. The relationship between income and credit cards can influence a wide range of credit card features, from the credit limit and interest rate of the card right through to complimentary extras or rewards programs. T&Cs apply. Learn more about KGI Securities’ online and mobile trading platform, KTrader and whether it suits your investment style. Keeping in mind both income requirements and common needs of expats at every socioeconomic status, our research experts reveiwed 100+ of the most competitive credit cards … Apply today and enjoy up to S$150 in cash credits. At the lower end you have the entry-level segment, where the required incomes range between $30-50K per annum. Monthly expenses. The Capital One Venture Rewards Credit Card is this issuer’s flagship travel card, with an average credit limit of $10,000. Earn 1.2 Citi Miles for every S$1 spent locally and 2 Citi Miles for every S$1 spent overseas. However, credit card issuers weigh up a range of other factors before approving or denying your request for credit. Earn 3 KrisFlyer miles per S$1 when you spend with Singapore Airlines, Scoot, SilkAir or KrisShop and 1.2 KrisFlyer miles per S$1 on all other spend. Another is Bank of China's F1RST Card… T&Cs apply. Credit card issuers aren’t just trying to snoop — the truth is they’re legally obligated to ask for your income, according to the Credit CARD Act of 2009. Enjoy a wide variety of discounts and cashback rebates on dining, entertainment, online shopping and travel. In Singapore, the minimum annual income requirement to apply for a credit card generally starts at S$30,000 per year; but you may still have options if your salary is lower. And UOB travel affect our recommendations or advice, which are grounded thousands. 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