Depends on how many of the requirements you can meet.
meeting the part for Salary crediting is not an issue.
meeting the part for spending like $100 to $500/month on credit card not an issue as well
meeting the part for 1 to 3 GIRO bill payment also not an issue
thou... some of the other requirements I am not sure if it is really worth it
E.g the insurance policy requirement by Citi or
some of the banks require some monthly investments
No information on the context very hard to recommend.
Need more information like what is your current savings, spending habits, liabilities, bills, etc.
Right now..... I have
credit card (s):
1) UOB One (Already thinking to shift out completely)
2) Citi PM & SMRT (jus got them)
savings:
I have two
a) regular: low 5-figure
b) for "rainy days": Mid 5 figure
Spending habits:
Public Transportation - $80 to $150 per month (include occasion grab/taxi)
meals: $200-$300 per month
parents monthly allowance: $1k
MIL monthly allowance: $1K
monthly haircut: $10-15
own family daily essentials: $500 per month
I rarely splurge
Business Travel expenses: $3 to 5K per month (Claimable from company)
Liability:
Maybank Reno loan: low 5 figure, going to high 4 figure soon.
Bills:
Internet: $40
HP for family: $230
town council: $25
Utility: $40
