How to Choose the Best Credit Cards for Your Spending Habits
How to Choose the Best Credit Cards for Your Spending Habits
Blog Article
Tips for Choosing the Most Suitable Credit Cards for Your Spending Habits
Understanding the credit card benefits landscape can be daunting with so many selections available, each offering different rewards, incentives, and perks. We've optimized the process to help you get started in less than 5 minutes, with perpetual monitoring so that you are always kept updated if there are more suitable options for you.
**Analysing Your Spending Habits**
The first step is to determine your monthly expenses across different categories such as:
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- Online
- Tap-and-go
- Restaurant spending
- International payments
- Miscellaneous expenses
This information helps us better understand your spending patterns and recommend the best set of credit cards based on your spend.
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**Tailored Credit Card Recommendations**
Next, our AI-driven platform compares your spending patterns with our collection of credit cards to calculate the potential rewards you could earn from various credit cards, considering factors like incentive percentages, caps, and exclusions.
We maintain an updated database of credit card offers from all leading banks and providers in Singapore, including miles and cashback cards as well as Enrollment Offers.
We also suggest options for further optimization such as only looking at cards from specific banks or fee-waived cards initially.
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**Continuous Monitoring and Recommendations**
Since card benefits can change over time, our platform keeps track of its recommendations based on your expenses and notifies you of changes needed in your card portfolio to maximize your benefit accrual. This proactive method ensures you always have the optimal selection to maximize your rewards and benefits.
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