All You Need to Know About Credit Card Basics in Singapore

Credit cards are key in today's financial world. They make managing money easy, help you earn rewards, and build a good credit history. With cashback and air miles, there's a card for every lifestyle and spending habit. This guide will clear up any confusion about credit card interest rates, fees, and rewards. You'll learn how to get the most benefits and avoid common mistakes. Check it out below!

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Credit card FAQs

What is a credit card?

A credit card allows you to borrow money for purchases and pay it back later. It offers convenience but requires responsible use to avoid debt.

How Does Credit Card Interest Work?

Credit card interest is charged on unpaid balances after the due date. The longer you carry a balance, the more interest you’ll accumulate.

How to pay credit card bills?

Pay your credit card bill online, by mail, or through automatic payments. To avoid interest charges, pay the full balance before the due date.