Note - some revision of this article has been done and added in blue.
Credit Card can be a useful expense management tool, provided discipline is exercised in timely payment of the bill. It can even act to reduce effect of inflation on spending to some extent (through the rebates).
Most households would come across major expenses for some big ticket items or large bills such as furnitures, insurances and so on. For this article, I explore the benefits of following cards: OCBC Cashflo, SCU, HSBC Advance and interpret big-ticket spending as $1000 and above in a single transaction. If you feel that there are
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