best card for overseas spending

ywehcfive

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UOB ONE is 2.5% (Visa + UOB Admin) but - 2% rebate on overseas spending, I still have 0.5% to consider.

Can just do SGD0 local spending and spend entirely on overseas spending? Help!

CIMB is 1% MC + 1.4% CIMB Admin but - 1% rebate on overseas spending, so I have 1.4% to consider.

So UOB ONE seems a better deal for me?

Thanks in advance!

To add on, I THINK it's ok if I don't do local spending to UOB One (I just don't get the 3.33% rebate lor) so hurhur maybe it might be the better one.

Also thanks to those that suggested Amex True Cashback! Will go research and look into it.
 

Frederick84

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uob one and manhatton card rebate system is super different..

do read carefully on the rebate terms..

amex true cashback is great for the promotion for the first 3 mth.. but do tk note tat not all merchant support it..
 

hwmook

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amex cards (e.g. true cash back) not issued by banks eg citibank.

any better terminology for that?

Amex true cash back is issued by Amex themselves, Amex-issued amex card is a better terminology. FCY charge is 2.5%.
 

xYunnie

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Dear Experts,

I am travelling to States in April and I'm looking for a card that can give me maximum cash rebate .

After reading the posts, I am interested in the Amex true cashback card (with 5% cash rebate).
May I know what's the admin / foreign currency rate that the bank charge? and the effective cashback that i get to enjoy?

Is this the best card that i can bring ? Is there another alternative which i can consider ?

thanks in advance!
 

hyperbole

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Dear Experts,

I am travelling to States in April and I'm looking for a card that can give me maximum cash rebate .

After reading the posts, I am interested in the Amex true cashback card (with 5% cash rebate).
May I know what's the admin / foreign currency rate that the bank charge? and the effective cashback that i get to enjoy?

Is this the best card that i can bring ? Is there another alternative which i can consider ?

thanks in advance!

The whole thread you don't bother to read ask the questions that are already answered why should people take the effort to reply you?
 

zoossh

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Dear Experts,

I am travelling to States in April and I'm looking for a card that can give me maximum cash rebate .

After reading the posts, I am interested in the Amex true cashback card (with 5% cash rebate).
May I know what's the admin / foreign currency rate that the bank charge? and the effective cashback that i get to enjoy?

Is this the best card that i can bring ? Is there another alternative which i can consider ?

thanks in advance!

yes i believe so.
Meet the new American Express True Cashback Card - ZUJI Singapore
1. amex tcb get it with zuji.

spending * amex rate * 1.025 * 0.95 = s * a * 0.97
- this last up to 5k and up to 3mths, thereafter 1.5% rebate
- cashback is deducted within the same bill cycle of spending
- i dun seem to get sms for everyone purchase but can check them online. get at&t data/voice, cost at least USD35/mth, but still cheaper than singtel SGD30/day. prices differs from state to state.

2. alternative is uob visa signature charged in USD.
spending * visa rate * 1.025 * 0.95 = s * v * 0.97
min spending per monthly bill cycle is 1k,
max rebate up to spending of 2k per bill cycle

if i am u, i will plan my total cost like airfare, accom, etc, and if that is going to exceed 5k (probably u will), i will get both cards. insurance in sgd i will use amex tcb. top up with more cards if spending exceeds 7k (5+2).

3. anz optimum offers 5% for strict single categories, e.g. only hotel/dining, only flight etc, also at 2.5%. i will add on this for myself if it came out earlier.

4. uob one at 5.3%, but complicated card to use. too lazy to describe here. only check out this if above 3 not enough.

5. scb manhattan world add on 3% for mthly >3k, but admin fee 3.5%, not worthwhile. cant use this for insurance.

6. are u going to also buy things online? get scb singpost+paypal, and ocbc frank+360. for spending of 500-700, and 500-1000 respectively at 7 and 6% returns.

7. u will get savings also from the visa exchange rate compared to moneychanger rate. but by how much i cant tell u. also depends on when u changed your money. at the current rate usd is climbing, note that moneychanger rate is before trip while credit card spending (minus fare/hotel) is during trip.

http://www.xe.com/currencycharts/?from=USD&to=SGD&view=1Y


please do contribute back to the forum with lobangs u get to know. dun disappoint me hoh.
 
Last edited:

rotiboyz

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yes i believe so.
Meet the new American Express True Cashback Card - ZUJI Singapore
1. amex tcb get it with zuji.

spending * amex rate * 1.025 * 0.95 = s * a * 0.97
- this last up to 5k and up to 3mths, thereafter 1.5% rebate
- cashback is deducted within the same bill cycle of spending
- i dun seem to get sms for everyone purchase but can check them online. get at&t data/voice, cost at least USD35/mth, but still cheaper than singtel SGD30/day. prices differs from state to state.

2. alternative is uob visa signature charged in USD.
spending * visa rate * 1.025 * 0.95 = s * v * 0.97
min spending per monthly bill cycle is 1k,
max rebate up to spending of 2k per bill cycle

if i am u, i will plan my total cost like airfare, accom, etc, and if that is going to exceed 5k (probably u will), i will get both cards. insurance in sgd i will use amex tcb. top up with more cards if spending exceeds 7k (5+2).

3. anz optimum offers 5% for strict single categories, e.g. only hotel/dining, only flight etc, also at 2.5%. i will add on this for myself if it came out earlier.

4. uob one at 5.3%, but complicated card to use. too lazy to describe here. only check out this if above 3 not enough.

5. scb manhattan world add on 3% for mthly >3k, but admin fee 3.5%, not worthwhile. cant use this for insurance.

6. are u going to also buy things online? get scb singpost+paypal, and ocbc frank+360. for spending of 500-700, and 500-1000 respectively at 7 and 6% returns.

7. u will get savings also from the visa exchange rate compared to moneychanger rate. but by how much i cant tell u. also depends on when u changed your money. at the current rate usd is climbing, note that moneychanger rate is before trip while credit card spending (minus fare/hotel) is during trip.

XE.com - USD/SGD Chart


please do contribute back to the forum with lobangs u get to know. dun disappoint me hoh.

i suggest m1 citibank for 5 percent if your ezpenses is high o/s
 
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