I'm looking at Singapore credit card installment plans to buy some whitegoods and basic things to fill out a new house.
I see 0% Installment Plans everywhere and am looking to understand the catch. After looking deeper, it looks like the admin for processing fees is the catch. Being around 3% for most banks and having to pay it off from 3, 6 to 12 months.
That and well, generally no credit card reward points and the amount used taken from your credit limit.
Does anyone know if there are any other catches to note? Just doing some initial research right now and trying to factor all this in.
I see 0% Installment Plans everywhere and am looking to understand the catch. After looking deeper, it looks like the admin for processing fees is the catch. Being around 3% for most banks and having to pay it off from 3, 6 to 12 months.
That and well, generally no credit card reward points and the amount used taken from your credit limit.
Does anyone know if there are any other catches to note? Just doing some initial research right now and trying to factor all this in.