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Category Archives for Debt

Fraudulent Credit Card Transactions

After the recent DBS ATM fraud incident, one of my readers wrote in to share his experiences with credit card fraud. Before I share that with you, here is an interesting piece of news about a highly sophisticated banking fraud. New PC virus steals your money and then creates fake online bank statements Apparently, there […]

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Cash Withdrawal Using UOB Phone Application

Mobile payment (making payment using handphone) has been a technology that many people were trying to develop and implement for the past few years, but without much success here in Singapore. Sure, the technology is already available, but getting the masses to adopt it is another matter. With smart phones and the ability to download […]

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SCB 5% Rebate Online Shopping Promotion

From 1 October to 30 November 2011, use your Standard Chartered credit card and get 5% CashBack on all your online retail purchases, from ordering a pizza to buying a camera, paying for your air tickets, shopping for handbags and more. To enjoy this promotion, just follow these simple steps: 1) Be the first 50,000 […]

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Standard Chartered 15% Dining Rebate

Standard Chartered Bank is offering a 15% cash rebate for any dining expenditure made on your Standard Chartered credit card from 1st March 2011 to 30 April 2011. Be among the first 50,000 to register by sending an SMS to 78722: GET15credit card number To be eligible for the rebate, you need to spend at […]

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Rollover Credit Card Debt

According to replies to questions raised in Parliament, the rollover ratio of credit card debt was 15.5% in 2010. The rollover ratio refers to credit card balances outstanding for 30 days or longer as a percentage of total credit card balances. This is less than the 5-year average of 17% between 2004 and 2008 and […]

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