Shopping in stores that you love may provide you with a certain level of happiness. However, online shopping unlocks a huge amount of potential.
Each location has a particular type of shopping credit card. Make sure to pick a card that fits your style of shopping. Follow these questions to help you do just that:
Once you have the answers to all of these questions, you should be able to select the perfect shopping credit card for your situation. The combination of factors given above is exactly what you’ll need in a shopping credit card. If you can’t find all of the benefits in one card, you can choose two or even three cards to get everything you need. Make sure you can keep up with the extra purchase requirements.
Choose the card that gives you the most value for your average spending habits. A card that requires you to spend more than you normally would is likely to give you fewer benefits than a card that matches your spending habits.
You should also make sure that the rewards gained (cashback, miles, rewards, etc.) fit what you need. There’s no point in gaining benefits that you won’t use.
|Credit Card Name||Earn Rate||Reward Category|
|Citibank Rewards Card||S$1 = 4 miles||Online shopping|
|Citibank Lazada Card||S$1 = 4 miles||Lazada|
|DBS Woman’s World Card||S$1 = 4 miles||All online spending|
Most cards will have at least one of the following benefits, some cards even combine two of them:
Shopping credit cards are ideal for making purchases. There are a wide variety of shopping credit cards. Read on to learn which one suits you best!
You can have however many shopping cards that you want. Obviously, having too many will have negative effects. That being said, feel free to get two or three with various benefits that suit you.
The annual fee will be somewhere between $0 and $500. Generally, shopping credit cards have a low annual fee.
For those cards with a higher annual fee, you will typically gain more benefits and rewards. You can also waive your annual fee if you reach a pre-specified amount of purchases over the year.