Best Credit Card(s) for Overseas! (2015 version)

Now the school holidays are here and many people will be heading out of Singapore for holidays.

The question everyone has been asking:

WHICH IS THE BEST CREDIT CARD TO USE OVERSEAS?

Now I shall reveal the answer to you!

Comparison does not take into consideration: promotions, cross border charge, forex etc

From the above, I would recommend 3 credit cards for you to bring overseas.

In order of preference,

1) UOB Visa Signature (2.5% charge for transaction in forex outside SG)
- Best cash rebate at 5% for general purchases overseas.
- Joint best miles earner too at 4 miles/$ spent.
- Remember to spend a minimum of S$1000.00 in foreign currencies.
- Capped at spend of S$2000.00 or 4000 UNI$ earned.

2) CITIBANK Rewards (2.5% charge for transaction in forex outside SG)
- Only for purchases in shops selling bags, clothes, shoe and major department store.
- 2.78% in cash rebates
- Joint best miles earner too at 4 miles/$ spent.

3) Standard Chartered Manhattan (3.5% charge for transaction in forex outside SG)

- 2nd in terms of cash rebate at 3%.
- Minimum of S$3000 required within statement period.
- Capped at S$6667 due to max rebate of S$200 to be earned in the period.

The above cards are chosen for their high rebates/miles and most importantly, FUSS-FREE!

TIPS:

1) Always CHARGE YOUR PURCHASES IN FOREIGN CURRENCIES.

2) Always SET SMS ALERT FOR TRANSACTIONS, more than $1.00 if possible.

3) REMEMBER the BANK HOTLINE for emergencies.

4) REMEMBER to ACTIVATE YOUR CREDIT CARD FOR OVERSEAS USE before flying!



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