Credit cards are something we can’t do without in our day to day activities. What we should not do without is missing payments on our card bills. Missing payments and making late payments on the bills incur additional fees, charges and penalties with Credit Cards. However, all banks in Singapore today have made credit card payments completely simple and hassle free by providing an array of bill payment options so we do not miss out on payments. Payments through Online Banking, Phone Banking, SMS, cheques, cash etc. are some convenient ways of making payments among others.
Credit Card Bill Payment Options in Singapore:
Leading Singapore banks offer a range of widespread options to make bill payments:
Tip: Always make sure to pay your credit card bill at least 2 working days before the Payment Due Date to allow the bank to process the payment. Otherwise, you may incur late payment charges if the payment does not reach the bank on time.
Advantages of Paying Credit Card Bills Online
Convenience: Online banking or internet banking is available 24/7. This allows you to spend more time on your everyday activities and less time on banking. You can skip standing in queues and going to the bank physically during their operating hours and perform an array of banking services with a few simple clicks online.
Ease and simple steps: There is no requirement for you to take physical forms, fill it up and then submit it to the bank. All the process is paperless and online when you just need to fill in certain details and submit it. When online, you only need to key in minimum details and make payments on your credit card bills, open RDs/FDs and so on.
Enhanced Security: All banks that offer online banking in Singapore are highly secure and guarantee the safety of your account information and money. They also guarantee safety on all your online transactions and cover any loss or damage in case of fraudulent activity on your account.
No additional charges: Online banking is offered absolutely free of cost by all banks in Singapore. There is no fee charged for this service and at the same time offers a multitude of features and benefits that make banking extremely convenient and simple.
Banks in Singapore that offer online credit card bill payment facility