Finding the right metal credit card for your needs requires knowing your options. Here are the top 6 metal credit cards to get in Singapore in 2021.
What’s in your wallet: Paper or plastic?
Perhaps you’d like to give it some heft by carrying a form of currency that’s far more desirable and trendy than either of the above.
That’s right; there’s nothing so satisfying than the ability to plunk down a metal credit card to pay for a round of drinks with friends. (This is Especially true if you’re the only one in your group who has a metal card).
Though they are a status symbol and the source of envy worldwide, metal credit cards are no longer just for the absurdly rich and famous. You can get your hands on some metal too, provided you’re in good standing with the credit Gods.
Read on to learn about some of the best Singapore credit cards made of pure metal.
1. Apple Card
For decades, Apple has been in the business of making a little bit of luxury accessible to the average Joe. Now that they’re in the business of credit, the average Joe can enjoy some metal, too.
The Apple Card is an elegantly understated piece of titanium. The philosophy behind its rewards and benefits is simplicity, and somehow, it’s all in the favor of you, the end user.
Who Can Get the Apple Card?
There are only a few eligibilities for the Apple Credit Card:
- You have to be a US citizen (US citizens living in Singapore are eligible)
- Your credit has to be in good standing (no heavy debt, no derogatory marks)
- You have to have a reasonable income source
- You have to bee at least 18 years old
- And you have to have an iPhone
Applying for the card takes only a few minutes, and you can do so easily from your phone.
Apple Card Benefits
Apple card offers a lot of real-world practical benefits. For instance, cash-back bonuses are:
- 1 percent for all purchases
- 2 percent for all card purchases made with ApplePay
- And 3 percent cash back for purchases of Apple Products
Also, this card boasts no fees. The intro APR is none for 6 to 24 months, and the regular APR is between 10.90 and 21.99percent.
2. Capital One Savor Rewards Credit Card
In recent years, Capital One has positioned itself as the cool credit machine of the modern average person. In this respect, this bank’s latest metal credit card offering, the Cash Savor Card, is no exception.
Who Is Eligible
If your credit is in good standing, you are good to go on this credit card. You also have to be willing to pay an annual fee of 95 US dollars.
What Are The Benefits?
If you’re a big spender, either in real life or just in your dreams, this credit card will justify your shopping sprees. You can enjoy 4 percent cash back rewards on entertainment and dining, and 2 percent cash back on groceries. All other shopping earns you 1 percent cash back.
The 300 dollar sign-up bonus makes this card an even sweeter deal. But in order to score this bonus, you’ll need to charge 3000 dollars to the card in three months. Get this card and you’ll have a valid excuse to ready, set, spend!
3. Amazon Prime Rewards Credit Card
If you’re a loyal Amazon shopper, you’ll love the metal credit this tech giant offers.
With no annual fee and up to five points per every dollar spent on Amazon, this metal card is unlikely to spur any buyer’s remorse.
Who Is Eligible?
Anyone with good credit is eligible for this credit card. It’s most advantageous for Amazon prime members though, since prime subscribers get a 100 dollar bonus gift card upon enrollment.
What Are the Perks?
The Amazon metal card offers a points reward system:
- Five points for every dollar on Amazon and Whole Foods purchases
- Two points per every dollar spent on gas, dining and pharmacies,
- One point per every dollar spent on all other purchases including utilities
With this card, you are most likely to shop for random gems online in your pajamas, but at least you’ll pay with a sturdy piece of metal to complement the trend.
4. Chase Sapphire Preferred Credit Card
If you like to travel, and spending money is a frequent hobby of yours, the Chase Sapphire Preferred Card is for you.
Though its 15.99 to 22.99 interest range is steep, this card offers 80 thousand bonus points for spending 4 thousand dollars in your first three months. That kind of reward is hard to ignore.
Who Is Eligible?
Anyone with good credit is eligible for this card. It requires an annual membership fee of 95 dollars.
What Are the Benefits?
Besides the loaded bonus reward points in the beginning, this metal card offers two points for every dollar spent on dining and travel. One point per dollar is rewarded for all other spending.
5. The Most Exclusive of the Metal Credit Cards
No list of metal credit cards is complete without a mention of the pioneer, the legend, the first ever metal card: the American Express Centurion card.
Also known as the Amex Black Card, this credit card is the most exclusive form of credit available anywhere. Though there are some rumors about being able to apply for membership, the Amex Black Card is offered by invite only.
If you’re invited to apply and by some stretch your application is approved, expect to pay a serious 10 thousand dollars initiation fee. Then, if you want to continue in this exclusive club of high rollers, you must pony up
a five thousand dollar annual fee.
For the price, you get such perks as a personal Centurion concierge at all times, access to VIP airport lounges, and practically anything else money can buy. This is the card to use to bankroll a casino adventure for you and your closest friends.
Know It All About Money
Now that you know all about the best metal credit cards in Singapore, what else is there to know about money?
It turns out, there’s a lot more to know about spending, saving, borrowing, and otherwise working with money. Just browse our money blog archives, and come back for more content regularly. Knowledge is power, after all; it can mean prosperity for you as well.