Credit Cards ??


izerkudie

Member
Jan 1, 2010
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hi friends, my girl actually just started working as a sales marketing executive 3months, with basic&commission, she is earning around 2.6k per month, she is applying for credit card but does she need to submit the CPF statement of the last 12months or 6months? as she just started work @ this company for 3months


as stated,

CPF statement of the last 6 months OR Income Tax Notice of Assessment OR latest computerised payslip (1 month for salaried employees or 3 months for commission earners).
 

just send in the latest payslip shld be ok bah..else give their helpdesk a call lor..
 

Actually, it is needed but most of the time, banks would also not want to lose a potential client so your gf can give it a shot with the latest payslip and last 2 to 3 months of CPF statement.

For her case, best time to apply is during roadshows where CC sales agents are trying to find new clients.
 

Last edited:
hi friends, my girl actually just started working as a sales marketing executive 3months, with basic&commission, she is earning around 2.6k per month, she is applying for credit card but does she need to submit the CPF statement of the last 12months or 6months? as she just started work @ this company for 3months


as stated,

CPF statement of the last 6 months OR Income Tax Notice of Assessment OR latest computerised payslip (1 month for salaried employees or 3 months for commission earners).

some card which has only credit limit of 500, you can try too..
 

Or simply go for UOB One card. Easy to maintain (Only 3 transactions of any amount per month for at least 12 months to get auto wavier) and up to 3x the salary limit.
 

CPF statement of the last 6 months OR Income Tax Notice of Assessment OR latest computerised payslip (1 month for salaried employees or 3 months for commission earners).

It is an "OR". so either one of them will suffice :)
 

Latest pay slip will do.

Apply POSB everyday card if u drive. SPC normal day 17+% off and on wed 20+% off petrol. Im loving it!
 

letter of employment also can , with the salary indicated.
 

honestly... the best is don't apply because credit cards are unnecessary evil. if you don't have discipline and self-control... you'll spend more than what you earn.
 

hi friends, my girl actually just started working as a sales marketing executive 3months, with basic&commission, she is earning around 2.6k per month, she is applying for credit card but does she need to submit the CPF statement of the last 12months or 6months? as she just started work @ this company for 3months


as stated,

CPF statement of the last 6 months OR Income Tax Notice of Assessment OR latest computerised payslip (1 month for salaried employees or 3 months for commission earners).

I think you will need 6 months. I remember applying for a UOB card and got rejected because I had only been working for a few months. Normally in the app form they will also ask how many years you have been with this company, not sure if they use that to decide whether to approve or not.
 

hi friends, my girl actually just started working as a sales marketing executive 3months, with basic&commission, she is earning around 2.6k per month, she is applying for credit card but does she need to submit the CPF statement of the last 12months or 6months? as she just started work @ this company for 3months


as stated,

CPF statement of the last 6 months OR Income Tax Notice of Assessment OR latest computerised payslip (1 month for salaried employees or 3 months for commission earners).

errr.. what's wrong with debit cards for the time being?
 

I think you will need 6 months. I remember applying for a UOB card and got rejected because I had only been working for a few months. Normally in the app form they will also ask how many years you have been with this company, not sure if they use that to decide whether to approve or not.

Yes, all these are part of their consideration on deciding whether the application will go through.

For TS, I believe your girl's application will be rejected, as she has just started working, although her yearly salary meets the 30k limit.

Just go for the debit card will do if her main aim is to be able to purchase stuff from overseas, etc. No need for credit cards.
 

previously i applied for a few, i'm earning around 35k pa

standard chart, passed
citibank, failed
diners, passed
hsbc, passed

duno why -.-
 

I NEVER owned a credit card until I was in my 5th year of work....... being debt free for sure felt great then even if it meant being disciplined and spending within my means....
 

I NEVER owned a credit card until I was in my 5th year of work....... being debt free for sure felt great then even if it meant being disciplined and spending within my means....

Good advice Ed. Like Maggie said: Money you don't have you don't spend.
 

I NEVER owned a credit card until I was in my 5th year of work....... being debt free for sure felt great then even if it meant being disciplined and spending within my means....
hehehe credit card doesn't necessarily = debt.

I've owned credit cards for about 6 or 7 years already, and never been in debt to any single one of them. Agree with you that it's all about discipline and spending within means.
 

honestly... the best is don't apply because credit cards are unnecessary evil. if you don't have discipline and self-control... you'll spend more than what you earn.

yes agree. :thumbsup:

but it is also good to have credit cards because you can get things cheaper sometimes.
for example, before i got my cc, my monthly membership fee at gym is $88 for one year contract.

however, when i use my cc, it's $58/month for 2yrs contract. however self control and discipline is really really important.