Capitalism has trained us to believe that expensive things are generally better than cheap things. In fact, such a belief system has helped the luxury industry to blossom, which reached approximately S$1.9 trillion in 2017. However, this principle of "expensive" equals "good" doesn't work very well for deeply personal products where the buyer's personal circumstances and preferences actually significantly impact the value of the product. Credit cards are just one of those things where the most expensive option isn't always the best. Here, we explore some of the premium credit cards in Singapore and evaluate when they are better and worse than the average credit cards in the country. Premium Cards Charge Extremely High Annual Fees Many banks in Singapore offer a high-end car that's reserved for wealthy consumers. Naturally, these cards charge annual fees that are 100% to 200% higher than the fees charged by other "normal" credit ......