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Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 9:45 am
by x9200
Lisafuller wrote: ↑Mon, 31 Oct 2022 1:04 am
Wd40 wrote: ↑Sun, 30 Oct 2022 10:21 pm
Lisafuller wrote: ↑Sun, 30 Oct 2022 9:59 pm
Local transactions aren't all feeless, Visa cards now charge processing fees even for local transactions (like using Grab).
This fee is charged by grab and some wallets(I think revolut also) for visa cards to recover the high merchant fees which visa charges grab. So here grab is charging the top up fee. If you want to use Grab for some reason and want to top it up with visa then it is not avoidable. But there is a much better way to top up Grab and that is using an Amex True cash back card or UOB absolute AMEX card, you get 1.5 and 1.7% cashback respectively.
Head over to MoneyMind credit cards section in HWZ, there is a treasure of information.
You won't believe me, the amount of free money I make using credit cards, funds all my discretionary spending lol.
Can't really understand why be so would do that though - when master, AMEX and all the other major credit cards don't charge any fee, people are going to stop using Visa.
I don't understand these neither. Reading through all these posts it sound to me like a huge hassle just to remember where on what to buy to save a few $$$. Besides, only occasionally visiting KFC and such and buying most of groceries online seems like a mismatch in the targeted areas.
I am using mostly citi cash back card for all my transaction and this cash back is like SGD80 each month without any sweat on my side, plus some extras from specific retailers like Amazon (e.g. $8-10 back from $100-120 spent).
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 11:42 am
by PNGMK
Trust bank sucks. IF you're some miser like WD40 willing to spend hours dealing with it for a $25 bag of rice... go for it. If you're like me and hate dealing with anything more than 1 minute - forget it.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 11:45 am
by PNGMK
Lisafuller wrote: ↑Mon, 31 Oct 2022 1:03 am
therat wrote: ↑Sun, 30 Oct 2022 10:15 pm
Lisafuller wrote: ↑Sun, 30 Oct 2022 10:11 pm
What do you mean candle?
love warning mail
Ahh, got it. I'm not really on many forums, especially not HWZ so I don't know much of the lingo
You don't want to go on there. They're pretty misogynistic. And racist.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 11:52 am
by therat
me too.
Too much information to remember which card for what expense. And I want to minimize the number of card holding.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 11:57 am
by Lisafuller
x9200 wrote: ↑Mon, 31 Oct 2022 9:45 am
Lisafuller wrote: ↑Mon, 31 Oct 2022 1:04 am
Wd40 wrote: ↑Sun, 30 Oct 2022 10:21 pm
This fee is charged by grab and some wallets(I think revolut also) for visa cards to recover the high merchant fees which visa charges grab. So here grab is charging the top up fee. If you want to use Grab for some reason and want to top it up with visa then it is not avoidable. But there is a much better way to top up Grab and that is using an Amex True cash back card or UOB absolute AMEX card, you get 1.5 and 1.7% cashback respectively.
Head over to MoneyMind credit cards section in HWZ, there is a treasure of information.
You won't believe me, the amount of free money I make using credit cards, funds all my discretionary spending lol.
Can't really understand why be so would do that though - when master, AMEX and all the other major credit cards don't charge any fee, people are going to stop using Visa.
I don't understand these neither. Reading through all these posts it sound to me like a huge hassle just to remember where on what to buy to save a few $$$. Besides, only occasionally visiting KFC and such and buying most of groceries online seems like a mismatch in the targeted areas.
I am using mostly citi cash back card for all my transaction and this cash back is like SGD80 each month without any sweat on my side, plus some extras from specific retailers like Amazon (e.g. $8-10 back from $100-120 spent).
Yeah, seems like a lot of hassle. The only cash back I go out of my way for is that on ShopBack, it's an app with deals that offers cashback.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 11:58 am
by Lisafuller
PNGMK wrote: ↑Mon, 31 Oct 2022 11:42 am
Trust bank sucks. IF you're some miser like WD40 willing to spend hours dealing with it for a $25 bag of rice... go for it. If you're like me and hate dealing with anything more than 1 minute - forget it.
The concept is interesting, but I just don't have the patience. And I am at a point where I like to streamline all of my expenses, which includes minimizing the number of payment methods I use.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 11:59 am
by Lisafuller
PNGMK wrote: ↑Mon, 31 Oct 2022 11:45 am
Lisafuller wrote: ↑Mon, 31 Oct 2022 1:03 am
therat wrote: ↑Sun, 30 Oct 2022 10:15 pm
love warning mail
Ahh, got it. I'm not really on many forums, especially not HWZ so I don't know much of the lingo
You don't want to go on there. They're pretty misogynistic. And racist.
So I've heard... part of the reason why I choose to stay away.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 11:59 am
by Lisafuller
therat wrote: ↑Mon, 31 Oct 2022 11:52 am
me too.
Too much information to remember which card for what expense. And I want to minimize the number of card holding.
Same here, in my younger days I had up to 10 credit cards at a time, since then I've cut it way down.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 12:00 pm
by PNGMK
Lisafuller wrote: ↑Mon, 31 Oct 2022 11:59 am
PNGMK wrote: ↑Mon, 31 Oct 2022 11:45 am
Lisafuller wrote: ↑Mon, 31 Oct 2022 1:03 am
Ahh, got it. I'm not really on many forums, especially not HWZ so I don't know much of the lingo
You don't want to go on there. They're pretty misogynistic. And racist.
So I've heard... part of the reason why I choose to stay away.
Yeah you'd tick all their boxes for rage posting....
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 12:01 pm
by PNGMK
Lisafuller wrote: ↑Mon, 31 Oct 2022 11:59 am
therat wrote: ↑Mon, 31 Oct 2022 11:52 am
me too.
Too much information to remember which card for what expense. And I want to minimize the number of card holding.
Same here, in my younger days I had up to 10 credit cards at a time, since then I've cut it way down.
Amex for travel.
Maybank Mastercard for local day to day.
and one Australian Visa to keep my aussie account open.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 12:02 pm
by smoulder
PNGMK wrote: ↑Mon, 31 Oct 2022 11:45 am
Lisafuller wrote: ↑Mon, 31 Oct 2022 1:03 am
therat wrote: ↑Sun, 30 Oct 2022 10:15 pm
love warning mail
Ahh, got it. I'm not really on many forums, especially not HWZ so I don't know much of the lingo
You don't want to go on there. They're pretty misogynistic. And racist.
Put another way, they are frustrated incels. I thought that was mostly the EDMW guys though which is a specific sub forum at HWZ.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 12:04 pm
by Lisafuller
smoulder wrote: ↑Mon, 31 Oct 2022 12:02 pm
PNGMK wrote: ↑Mon, 31 Oct 2022 11:45 am
Lisafuller wrote: ↑Mon, 31 Oct 2022 1:03 am
Ahh, got it. I'm not really on many forums, especially not HWZ so I don't know much of the lingo
You don't want to go on there. They're pretty misogynistic. And racist.
Put another way, they are frustrated incels. I thought that was mostly the EDMW guys though which is a specific sub forum at HWZ.
Ah yes, that's the word. Incels. They seem very angry and backwards.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 12:06 pm
by Lisafuller
PNGMK wrote: ↑Mon, 31 Oct 2022 12:01 pm
Lisafuller wrote: ↑Mon, 31 Oct 2022 11:59 am
therat wrote: ↑Mon, 31 Oct 2022 11:52 am
me too.
Too much information to remember which card for what expense. And I want to minimize the number of card holding.
Same here, in my younger days I had up to 10 credit cards at a time, since then I've cut it way down.
Amex for travel.
Maybank Mastercard for local day to day.
and one Australian Visa to keep my aussie account open.
I've got a UOB ladies card, AMEX for travel, and to pay for my purchases from the US, and a DBS platinum master for day today. Also have the NTUC visa for shopping because I collect points.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 1:50 pm
by therat
Lisafuller wrote: ↑Mon, 31 Oct 2022 12:06 pm
PNGMK wrote: ↑Mon, 31 Oct 2022 12:01 pm
Lisafuller wrote: ↑Mon, 31 Oct 2022 11:59 am
Same here, in my younger days I had up to 10 credit cards at a time, since then I've cut it way down.
Amex for travel.
Maybank Mastercard for local day to day.
and one Australian Visa to keep my aussie account open.
I've got a UOB ladies card, AMEX for travel, and to pay for my purchases from the US, and a DBS platinum master for day today. Also have the NTUC visa for shopping because I collect points.
you mean OCBC NTUC Visa?
That VISA card will be cease by Next Jan.
It replace by TRUST CC.
That's why most of the NTUC member sign up TRUST CC.
some may be due to free rice (without know it is only 1kg), $25 NTUC voucher, etc.
But mainly.. we need to clock NTUC point.
Re: I made the mistake of signing up for "Trust Bank"
Posted: Mon, 31 Oct 2022 3:04 pm
by sundaymorningstaple
therat,
are you talking about the normal linkpoints? if so. Do you phsically shop NTUC at all? Every receipt you get when you purchase something has the total linkpoints accumulated at the time of that transaction. Even split into categories of Expiry Date of Linkpoints.