Personal Finance
How is credit limit for personal credit cards determined?
By A Singaporean Stockmarket Investor (ASSI)  •  August 1, 2014
The purpose of a blog post could be "A" but people could end up seeing "B". It has happened in my blog before and, going by the comments generated on FB, it happened again for my last blog post. I am not complaining, really. I am just amused by how sometimes we can have unintended consequences which can be good things too, of course.
Some comments: "I thought the credit limit should be 2x monthly salary only. MAS guideline, I remember. Or no longer in force?" "std chartered gives a $100000 limit to everyone...the manhattan card i am referring to specifically. anyone else care to share?" "Strange, ocbc gives my hubby credit limit of only half of his monthly income. We do not have any loan with them. Guess they do not want us to spend more money... We never get 2x or 3x our income. Usually only get 1x of our ......
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By A Singaporean Stockmarket Investor (ASSI)
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