• Visa Credit Cards

    Credit Card BYTES FROM OUR KITCHEN

    Practical, safe and easy: a Visa card is a really great way to pay for small and simple pleasures of everyday life. The visa credit cards are accepted worldwide, they are very convenient and are very reliable as well. There are numerous reasons for which you can apply for a Visa credit card. You will be paying a nominal fee for the card and in some cases the card can be offered to you for free. Most of the credit card issuers in Singapore offer Visa cards and you can easily apply for one that suits your needs the most.

    How to choose your Visa card?

    Every day is different. Every person is different. And for these reasons Visa offers people with different ways to pay. Here are some of the types of cards offered by Visa:

    1. Pay now - the debit card, which charges your bank account immediately when you make a payment or a cash withdrawal.
    2. Pay Later - the credit card, which allows you to spend up to a monthly limit. Then, you can choose to settle everything at the end of the month or, with an extra cost of compound interest and commissions, to split payments over several months.
    3. Pay in advance - the prepaid card, which does not need a bank account and charging your expenses on a deposit that you can recharge at your leisure.

    The range of Visa cards covers all three payment methods. Whatever your financial needs and preferences, there is a Visa card for you. You can choose to apply for one or more visa cards at the same time as many people have chosen to use more than one, depending on the circumstances. Regardless of what card you choose, it will be reliable, safe, fast and easy to use. It makes it easier to satisfy both the small pleasures of daily life and the great financial needs.

    The Range of Visa cards

    Visa does not issue cards. It is the banks and financial institutions that issue different types of Visa cards, suited to the needs of different customer segments. Depending on your bank, you will find the Visa card that suits you: debit, credit or prepaid.

    Visa Classic - It is the standard Visa card that most people have in the portfolio - the world's most popular piece of plastic money.

    Visa premium - Visa Gold, Visa Platinum and Visa Infinite cardholders to provide more services and benefits. The features and availability vary according to the bank, but all three cards will offer a higher level of service than the standard Visa Classic card.

    Visa Electron - A card that requires electronic authorization for all transactions - whether in shops and at Automated Teller Machines (ATMs).

    V PAY - It is a new pan-European debit card based exclusively on chip and PIN technology.

    Prepaid Cards

    The prepaid card is a type of Visa card that allows access to the funds paid previously on a prepaid account.

    Youth Card

    The youth card is designed especially for the students and the youth in general and offers a range of features that are designed to meet the needs of the youth.

    List of Banks Offering Visa Credit Cards in Singapore

    HSBC Bank:

    • HSBC Visa Platinum
    • HSBC Visa Infinite Credit Card

    ANZ Bank:

    • ANZ Travel Visa Signature Credit Card
    • ANZ Platinum Visa Credit Card

    DBS Bank:

    • DBS Live Fresh Visa Card
    • DBS Black Visa Card
    • DBS Altitude Visa Signature Card
    • DBS NUSS Visa Card
    • DBS Takashimaya Visa Card
    • DBS Live Fresh Visa Student Card

    OCBC Bank:

    • FRANK Credit Card
    • OCBC Voyage Card
    • OCBC 365 Credit Card
    • OCBC NTUC Plus! Credit Card
    • OCBC Robinsons Group Credit Card

    UOB Bank:

    • UOB Delight Credit Card
    • UOB Preferred Platinum Card Account
    • UOB Preferred Platinum Visa Card
    • UOB Visa Signature Card
    • UOB One Card
    • UOB Lady's Card
    • Singtel UOB Platinum Card
    • Metro UOB Platinum Card
    • UOB Professionals Platinum Card
    • UOB Visa Infinite Card
    • UOB PRVI Miles Visa Card

    Maybank:

    • Maybank World MasterCard
    • Maybank eVibes Card - The Student Card
    • Maybank Horizon Platinum Visa Card - The Travel Card
    • Maybank Platinum Visa Card
    • Maybank Manchester United Platinum Visa Card

    Standard Chartered Bank:

    • Singpost Platinum Visa Credit Card
    • Platinum Visa Credit Card
    • Business Platinum Card
    • Prudential Platinum Credit Card
    • Nus Alumni Platinum Credit Card
    • Priority Banking Visa Infinite Credit Card
    • Pruprestige Visa Signature Credit Card

    Bank of China:

    • BOC FiRST Card
    • BOC Shop Card
    • BOC Family Rebate Card
    • BOC Great Wall Platinum Card

    Citi Bank:

    • Citi Prestige Card
    • Citi PremierMiles Visa Card
    • Citibank Rewards Card
    • Citibank Dividend card
    • Citibank SMRT Platinum Visa Card
    • Citibank Clear Platinum Card
    • Citibank Clear Card
    • Citibank M1 Platinum Visa Card
    • Citibank Esso Mobil Privilege Card
    • Citibank Business Card
    • Citibank Corporate Card
    • Citibank Purchasing Card

    ICBC Bank:

    • ICBC Visa Dual Currency Credit Card

    CIMB Bank:

    • CIMB Visa Infinite Card
    • CIMB Visa Signature

    Visa Credit Card Travel Benefits

    Visa cards will offer you with a lot of benefits and some of these cards come with a range of travel benefits as well. Wherever you are in the world, your Visa card will be recognized. Visa cards are used every day in 160 countries, and are accepted at over 24 million merchants worldwide. Planning your trip will be easy when you have a Visa card. It is as easy to use abroad as it is in your country. Your card will be accepted in most shops, hotels, restaurants and other points of sale worldwide. Therefore you do not need to buy foreign currency in advance.

    Managing your money

    Visa cards will also help to manage your money when you're abroad.

    If you have a debit card, the money you spend comes directly from your bank account. If you have a credit card, it can, with an additional cost, spread the payments over time.

    Many banks and organizations that issue Visa cards offer additional benefits that can be very useful when traveling abroad. Check if you have free travel insurance or a money back guarantee in case of problems with a purchase.

    Pay in advance

    Some banks offer prepaid Visa cards on which you can load a fixed amount - a perfect system if you want to maintain tight control over your budget. Another safe alternative to cash are the Visa Travellers Cheque. They are useful tools for management of your budget and can be used anywhere in the world where you see the Visa logo.

    How to Apply for a Visa Credit Card?

    In order to apply for a Visa credit card in Singapore, you will need to contact any of the credit card issuers and then apply for the Visa card that suits your needs the most. You can read about all the different Visa credit cards available in Singapore on our website, compare their features, fees and benefits, and then you can select a card of your choice. After that, you can contact the issuing bank and then apply for that card. You can also apply for more than one card at a time.

    In most cases, you will be able to download the credit card application form and then apply for the card online.

    Documents Required

    Apart from the duly signed application form, you will also need to submit other documents when you apply for a Visa credit card in Singapore and these documents will most likely include the following:

    • Copy of your NRIC (both sides)
    • Proof of income: salary slips, income tax assessment statement, CPF statement etc.
    • Proof of address: utility bills, copy of passport, bank statement etc.
    • Proof of identity: copy of passport, employment pass, Driver’s License etc.

    Visa Credit Card Eligibility

    • You should be a citizen or a permanent resident of Singapore.
    • You should be a foreigner residing and working in Singapore with valid work permit
    • You should have a minimum annual income of S$20,000 or more
    • You should have a good credit history
    • You should not have defaulted on your payments.
    • For some cards, the minimum annual income requirement can be higher.

    Note - If you do not meet the income requirement, some banks will still offer you with a Visa credit card in case you have a fixed deposit account with them. The deposit account should have a minimum balance of S$10,000 or more and you should withdraw the amount as long as your credit card account is not closed.

    Cards for small and medium-sized enterprises

    If you are the owner of a small or medium business you know that financial management can consume valuable time. Visa products, tailored for businesses like yours, you can simplify the financial management and have more time to devote to your business.

    Visa Business Credit Card

    A Visa Business Credit Card is a flexible and convenient way to manage your cash flow and offers an alternative to fixed-term loans or overdrafts.

    Advantages of Accepting Visa Credit Cards

    Millions of companies across the planet have already discovered the benefits of accepting Visa cards

    The acceptance of Visa card provides the following benefits to businesses that provide goods and services on the merchants of consumer and industrial products:

    • Increased profits - There is a potential increase in the number and value of purchases because customers are not limited by the cash they carry with them at the time of purchase.
    • Faster service - Thanks to the acceptance of Visa cards, the service at the checkout will be faster, queues and wait time will be shorter, with less risk of losing the sale.

    Visa Cards for companies

    You can take care of your business in a more effective manner with business solutions offered by Visa. Companies of all sizes and public sector organizations can benefit from the different types of debit and credit cards offered by Visa.

    1. Cards for small and medium businesses – with these cards you can simplify your financial system, you'll have more time to focus on running your business.
    2. Cards for large companies – These cards will help you to better manage and control spending across the entire structure of your organization and reduce administrative costs.
    3. Solutions for the public sector – These cards eliminate the use of paper money and empower employees through the use of personalized cards for the public sector.
    4. Cards for E-Commerce companies – Visa offers a variety of payment solutions and dedicated cards for e-commerce companies. Such companies can benefit a lot by accepting payments through Visa credit cards. Some of these benefits are listed below.
      • Lower operating costs - If you are the owner of an e-commerce business in Singapore, accepting payments made through Visa cards will help you to avoid the costs and risks associated with accepting cash payments, such as loss, theft, forgery and the fees charged by banks for cash handling.
      • Speed ??of payment - The amount paid is normally credited directly into your bank account within three or four days, and there will be no need for you to go to the bank.= for collecting the payment amount.
      • Global Spread - You will be able to open the door to customers from all over the world: over two billion potential customers have a Visa card in their wallet. Hence, you will not have any difficulty in growing your business and expanding it to other countries in Asia and across the planet.
      • Exclusive Sponsorships - Thanks to Visa sponsorships, you will associate your company and your clients to global events, like the Olympic Games and Paralympic Games.
    5. Visa Credit Cards for Large Companies - Visa Commercial cards enable large companies to manage and control spending and reduce their administrative burdens.
    6. Visa Corporate Credit Cards - These are the credit cards that are tailored for large companies. They allow the customers to manage all the expenses of travel and entertainment, so that they can analyse and eliminate unwanted expenses and better manage their cash flow.

    Conclusion

    Whether you are a salaried employee, a sole proprietor, a business owner, a partner in a business etc. you can easily find a Visa credit card in SIngapore that will be suited to meet all your needs. You will enjoy a wide range of benefits and features without having to pay a huge sum as an annual fee for the card.

    News About Visa Credit Cards

    • Date Centre Opened by Visa in Singapore

      Visa has opened a new data centre in Singapore as well as Britain. This 10,000 square feet centre in Singapore will complement the existing processing facilities in North America after the completion of testing and other preparations. Visa aims to start global transaction processing in the newly established data centres by 2018.

      The Visa executive vice-president of technology, Mr. Rajat Taneja has opined that many customers are opting for Visa cards and devices instead of cash. In lieu of such explosive growth in mobile as well as digital payments, Visa is boosting their infrastructure with their technological investments in Europe and Asia.

      31st July 2017

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.