Personal Finance
5 Overlooked Credit Card Traps You May Be Falling Into
By ValueChampion  •  September 20, 2019

Get the Best Credit Cards in Singapore

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Credit cards offer a great way to earn from nearly all kinds of spending, from shopping sprees to buying groceries and even booking your next vacation. While the benefits are undeniable, it's important to understand your card to avoid making unfortunate mistakes. Read the 5 sections below to learn more about credit card conditions and scenarios that are commonly overlooked or misunderstood.

Last Minute Transactions May Not Count Towards Minimum Spend

Most (but not all) cashback credit cards come with a minimum spend requirement, or amount that cardholders must spend each month to access high advertised rates. While rebates of up to 10%+ are incredibly attractive, they're not automatic. Failing to spend the necessary amount (which can range from

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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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