
<p>We exist in a world that thrives on ease and convenience, and&nbsp;credit cards&nbsp;bring that to the table. This is true for&nbsp;<a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Atome</a>, as well. If you don’t know already, <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Atome</a> is an application that makes paying bills exponentially easy.</p>



<p>When almost every task has been reduced to a few taps on the smartphone, from getting groceries delivered to powering electronics, then why shouldn’t financial transactions be easy.</p>



<p>This article unveils the major pros and cons of owning a credit card and how alternatives like Atome are taking the&nbsp;buy now, pay later&nbsp;market in&nbsp;Singapore&nbsp;and elsewhere.</p>



<h2 class="wp-block-heading">What are credit cards?</h2>



<p>Having credit basically means you can purchase goods and acquire services without needing to pay for them immediately. Instead, you pay that money later, either in a lump sum or in installments.&nbsp;</p>



<p>Owning a bank’s credit card entails that you have the ability to buy anything &#8211; clothes, books, meals, shoes, and more &#8211; even when you don’t have cash in hand. Doesn’t that sound like a dream?&nbsp;</p>



<p>However, a not-so-dreamy aspect of using a credit card to pay your bills is the interest rate. When it is time to reimburse the bank for your haul, you are required to pay a certain percentage over the total expenditure. That percentage is the interest rate that is predetermined by the bank and varies for each one.&nbsp;</p>



<p>Every bank issues its&nbsp;credit cards, and while it is near impossible to crown one as the&nbsp;<strong>best</strong>, here are a few more commonly used in&nbsp;Singapore:</p>



<ul>
<li>DBS credit card</li>



<li>UOB credit card</li>



<li>Citibank credit card</li>



<li>Maybank credit card</li>



<li>CIMB Bank credit card</li>
</ul>



<h2 class="wp-block-heading">The advantages and disadvantages of having a credit card at your disposal</h2>



<p>Have a look at both sides of the coin</p>



<h3 class="wp-block-heading">Benefits:</h3>



<ol>
<li>The freedom to splurge on whatever you want, whenever you want &#8211; more commonly known as greater purchasing power &#8211; as long as you stay within the credit limit.</li>



<li>Not having to carry cash.</li>



<li>There is room for your budget to expand.</li>



<li>Credit card promotions&nbsp;and deals come in handy at several establishments as you end up saving a few bucks.</li>



<li>You can amass miles and get cash-back opportunities.</li>



<li>The mental peace of knowing that you have something to fall back on, on rainy days.</li>
</ol>



<h3 class="wp-block-heading">The downside</h3>



<ol>
<li>The idea of having enough might cause you to overspend and rack up debt.&nbsp;</li>



<li>You are always paying more than the amount spent because of interest rates.</li>



<li>Credit cards come with a cut-off known as the credit limit, so there is an end to the fun.</li>



<li>An inadequate credit score leads to the bank issuing you less credit.</li>
</ol>



<h2 class="wp-block-heading">Let’s talk about the&nbsp;<strong>credit limit</strong></h2>



<p>The total amount of money that one can charge to their credit card is the credit limit. This includes purchases and cash transfers. In no way can you go beyond the set limit.&nbsp;</p>



<p>You can find the credit limit mentioned on your credit card statement or by signing in to your account.</p>



<p>The amount of credit one can charge against credit cards is determined by different factors.</p>



<p>These are:</p>



<ol>
<li>The amount of money you bring in each month.</li>



<li>Your monthly expenses.</li>



<li>Your history with paying off debts, managing finances, and your credit score.</li>



<li>Certain lenders have a limit set in advance.</li>
</ol>



<h3 class="wp-block-heading">How to&nbsp;<strong>increase your credit limit</strong>?</h3>



<p>Do you find the cap off amount insufficient or maybe you feel like you can manage a higher credit line just as responsibly? Fortunately, there are ways to up the credit being lent to you!</p>



<ul>
<li>Be efficient with your credit. If you show the facilitator that you are using the issued credit responsibly, maintaining a good credit score, and making timely payments, there is a high chance that they will approach you with a better offer.</li>



<li>On the contrary, poor credit practices can result in your line of credit being reduced. After all, the lender has to look out for themselves.&nbsp;</li>



<li>Putting in a request yourself. Yes, this is an effective way of getting more credit. Make sure you have a solid credit score and well-managed finances before proceeding. Chances are the bank will grant your request; as long as you provide them with a satisfactory reason behind the decision.</li>



<li>You probably already know this, but allow me to reiterate that due payments, a maxed-out credit limit, and income reduction are factors that will increase your odds of getting more credits.</li>
</ul>



<h2 class="wp-block-heading">Are credit cards worth the hassle?</h2>



<p>The trick with these devices is to be great with your money. No matter how high or low the income is, if you know how to manage your needs, wants, miscellaneous expenses, payments, and savings within that amount, you are good to go. Get that credit card! Ask the bank for an increase in your line of credit.&nbsp;</p>



<p>As long as you can do this, keeping a credit card is going to be a walk in the park. Go buy that suit for the meeting. Get yourself that pair of heels. Take your family out to that 5-star restaurant.&nbsp;</p>



<figure class="wp-block-image size-large"><img data-attachment-id="9373" data-permalink="https://blog.atome.sg/online-shopping-ideas/atome-vs-credit-cards/attachment/image-10/" data-orig-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?fit=1600%2C900&amp;ssl=1" data-orig-size="1600,900" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="image" data-image-description="" data-image-caption="" data-medium-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?fit=300%2C169&amp;ssl=1" data-large-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?fit=640%2C360&amp;ssl=1" decoding="async" loading="lazy" width="640" height="360" src="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?resize=640%2C360&#038;ssl=1" alt="" class="wp-image-9373" srcset="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?resize=1024%2C576&amp;ssl=1 1024w, https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?resize=300%2C169&amp;ssl=1 300w, https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?resize=768%2C432&amp;ssl=1 768w, https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?resize=1536%2C864&amp;ssl=1 1536w, https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?resize=1200%2C675&amp;ssl=1 1200w, https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?w=1600&amp;ssl=1 1600w, https://i0.wp.com/blog.atome.sg/wp-content/uploads/2022/06/image.png?w=1280&amp;ssl=1 1280w" sizes="(max-width: 640px) 100vw, 640px" data-recalc-dims="1" /></figure>



<h2 class="wp-block-heading"><strong>Atome</strong>&nbsp;&#8211; the alternative</h2>



<p>Behold Atome,&nbsp;a&nbsp;<a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">buy now pay later</a>&nbsp;app. Enjoy the perks of a credit card without having to worry about interest rates or spending limits. I will tell you how but first, let’s look at the app’s background.</p>



<p>The name takes its origin from the phrase “Available-to-Me,” as the application dedicates itself to making a host of lifestyle brands and services more accessible to its customers. Since its establishment in 2019,&nbsp;<a href="https://www.atome.sg/" target="_blank" rel="noreferrer noopener">Atome</a>&nbsp;has taken Asia’s <a href="https://www.atome.sg/" target="_blank" rel="noreferrer noopener">buy now, pay later</a>&nbsp;scene by storm!</p>



<p>Headquartered in Singapore with over 10,000 partnered merchants and available in 8 markets, Atome offers its users the choice and convenience of flexible payment options for a variety of products and services. The app allows shoppers to split their purchases over three interest-free monthly payments by scanning a partner retailer’s in-store QR code or upon website checkout. By splitting their payments, Atome users will be able to better manage their budget while making quality products and services more reachable. </p>



<h3 class="wp-block-heading">What makes paying with Atome unique?</h3>



<ol>
<li>When one pays with Atome, their total bill is split into three more affordable payments.</li>



<li>While the first one is made immediately, the remaining two are paid at intervals.</li>



<li>These intervals are spaced apart to not burden you financially.</li>



<li>The payments are free of interest.&nbsp;</li>



<li>There are no hidden&nbsp;charges.</li>



<li>The only prerequisite to <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/how-it-works">using Atome</a> is downloading the application (<a href="https://www.atome.sg/get-the-app" target="_blank" rel="noreferrer noopener">get it here</a>) and signing up on it. The process is free of cost.</li>



<li>You get a $10 signup reward.</li>



<li>The Atome application has a user-friendly interface which makes it extremely easy to navigate.</li>



<li>The <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/get-the-app">Atome app</a>&nbsp;can be used to pay for online and in-store shopping.</li>



<li>Partnerned&nbsp;brands have a myriad of deals and discounts for&nbsp;Atome&nbsp;users.</li>
</ol>



<h3 class="wp-block-heading">Partner brands</h3>



<p>While I cannot mention all&nbsp;10,000&nbsp;of them, here are a few that might tempt you into downloading the&nbsp;app:</p>



<ol>
<li><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/nike">Nike</a></li>



<li>Moschino</li>



<li>JBL</li>



<li><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/dyson">Dyson</a></li>



<li>Universal Studios Singapore</li>



<li>Klook travels</li>



<li><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/lenovo">Lenovo</a></li>



<li>OPPO</li>



<li><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/lenskart">Lenskart</a></li>



<li><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/ishopchangi">iShopChangi</a></li>



<li><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/lovet">Lovet</a></li>



<li><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/g2000">G2000</a></li>
</ol>



<h2 class="wp-block-heading">How to use the Atome app?</h2>



<h3 class="wp-block-heading">Online purchase</h3>



<ol>
<li>At checkout, select Atome to pay for your goods.</li>



<li>Sign in to your account or create a new one.</li>



<li>Apply&nbsp;vouchers, if any.&nbsp;</li>



<li>Pay one-third of your bill upfront, which the remaining two payments will be charged automatically to your linked card.&nbsp;</li>
</ol>



<h3 class="wp-block-heading">In-store purchase</h3>



<ol>
<li>Look for the brand’s QR code, open the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/get-the-app">Atome app</a> on your phone and scan it.</li>



<li>Enter the total amount.</li>



<li>Avail yourself of the current discounts, if any.</li>



<li>Pay one-third of your bill upfront, which the remaining two payments will be charged automatically to your linked card.</li>
</ol>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img data-attachment-id="8605" data-permalink="https://blog.atome.sg/online-shopping-ideas/tools-of-relaxation-ogawa-massage-chair/attachment/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1/" data-orig-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-orig-size="200,200" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="Atome app | Buy Now Pay Later | BNPL" data-image-description="&lt;p&gt;Scan QR code to download Atome app for &#8216;buy now pay later&#8217; shopping experience&lt;/p&gt;
" data-image-caption="&lt;p&gt;Scan QR to download the Atome app&lt;/p&gt;
" data-medium-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-large-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" decoding="async" src="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1651678598743.png?w=640&#038;ssl=1" alt="Scan QR to download the Atome app" class="wp-image-8605" data-recalc-dims="1"/><figcaption class="wp-element-caption">Scan QR to download the Atome app</figcaption></figure></div>


<h2 class="wp-block-heading">Conclusion</h2>



<p>We all wish for financial freedom and no limit to our expenses, but alas, that’s quite impossible unless you have a genie hidden somewhere. While that sounds unattainable, facilities like credit cards and applications like Atome make spending a little less stressful and a lot more fun. The smaller payments make staying within budget less challenging.&nbsp;</p>
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Credit Cards, Credit Limit, and Atome – Everything You Need to Know

Why do people prefer buying with a payment installment plan?


<p><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/sephora">Sephora</a> isn&#8217;t all about makeup, when you first heard about this brand were you expecting the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/sephora">Sephora</a> visa credit card payment? Well, it exists. Sephora is a retailer and a stock market darling, where a lot of beauty products are produced and branded in their stores. But some of the most coveted items are not on Sephora&#8217;s shelves though. If you&#8217;re interested in the ability to purchase products at your local Sephora, you&#8217;ll want to consider a Sephora Visa credit card payment&nbsp;<a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/method">method</a>.</p>



<p>Somebody asked, is this the best gift of all? Sephora has announced a partnership with Visa to offer its Visa cardholders a 2% percent discount on purchases through their Sephora mobile app. Besides, Visa cardholders will receive a special 4% percent discount on purchases made on Sephora&#8217;s website and in-store. However, those that have more than one Visa card will receive a discount on all purchases made at Sephora visa credit card payment.</p>



<p><strong>Sephora Bonuses for registration</strong></p>



<p>For newbies who are starting with this superb Sephora visa credit card check, theirs a promotion of 15% off is given towards your first purchases. However, this deal will only be available for 30 days, so it would be best if you have a nice shopping plan.</p>



<p>The next signup coupon may however require that you reach a minimum threshold of S$500 towards non-Sephora buyouts.</p>



<ul>
<li><strong>How do I earn Credit Card Rewards?</strong></li>
</ul>



<p>Using the card, you&#8217;ll be able to earn rewards such as cash back on purchases, though here the average is 20% cashback. You&#8217;ll also earn 3 points for every $1 you spend on Sephora visa credit card payment stores. Some rewards cards offer more generous rewards, like Nordstrom, Chase Sapphire Reserve, or Citi Double Cash. You can also qualify for credits at Sephora&#8217;s Active Rewards program by purchasing your cosmetics from the catalog and bagging your next limited edition lipstick or polish as soon as it&#8217;s released.</p>



<ul>
<li><strong>Redeeming Sephora Rewards</strong></li>
</ul>



<p>Towards the end of every billing phase, all your accumulated reward dollars be summed up and then transferred to your account as a single Sephora credit reward. To redeem your Sephora visa bank card reimbursement&nbsp;rewards, you will need to activate your new card and link your Rewards account to your new card using the eBill link on the account activation page. After linking your Sephora Rewards account, you will need to check your email for a message with the link to link your account to your new credit card.</p>



<ul>
<li><strong>Do Credit Card Rewards expire?</strong></li>
</ul>



<p>Yes. They do expire after 90 days from the time you earned them. You can get most Sephora visa credit chip payment rewards again if you can keep a good balance. So you can redeem them as long as you want until you don&#8217;t have enough points to redeem them. The only reward you will lose is the cashback rate.</p>



<ul>
<li><strong>What is the Beauty Insider account?</strong></li>
</ul>



<p>The beauty insider account was introduced last year for US customers and allows them to receive special coupons, loyalty rewards, make purchases online with certain exclusives and VIP status.</p>



<ul>
<li><strong>What benefits does it give?</strong></li>
</ul>



<p>In 2021, those who are good members i.e without bad credit scores will be rewarded with Beauty Insider points, which can be used to purchase in-store and online.</p>



<ul>
<li><strong>Can I use Sephora inside JC-Penny?</strong></li>
</ul>



<p>Yes, the Inside JCPenney ATM does accept Visa credit cards. You&#8217;ll also be getting a 1% bonus because of using your card outside Sephora. If you would like to use the online payment, you will have to call a Sephora inside JCPenney representative to verify your Sephora visa credit card compensation information. However, you will not be eligible to make transactions with a Sephora credit card outside Sephora stores.</p>



<ul>
<li><strong>Can I contact the Sephora customer service?</strong></li>
</ul>



<p>Yes, the Sephora card providers are known as the Comenity Bank. Call or go to your nearest Comenity Bank branch where they can help you to process the Visa online or your Sephora authorized card payment issues.</p>



<ul>
<li><strong>I received the visa card and I can&#8217;t read the complete terms and conditions.</strong></li>
</ul>



<p>If you can&#8217;t read the terms and conditions, you can get them from your card provider. Just open your browser and search for <a href="http://www.sephora.com/visa/" rel="nofollow">http://www.sephora.com/visa/</a> and click the link at the top.</p>



<ul>
<li><strong>Conclusion</strong></li>
</ul>



<p>If you&#8217;re looking for a Sephora visa credit card transaction process that has its breeze-to-use features, educate yourself on the mentioned above benefits. Last but not least, if you ever get stranded and need to choose a different payment procedure for your shopping, then consider <a href="https://www.atome.sg">https://www.atome.sg</a>&nbsp;an online payment provider for a discount on your purchase that will put you one step ahead of everybody else.</p>
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Awesome Tips about Sephora Visa Credit Card Payment from Unlikely Sources


<p>Credit Consolidation stands to the process of taking another loan to repay off the existing consumer debts and liabilities. In this process, multiple loans are clubbed into a single debt, mixing all the short and more negligible amounts. With the consolidation, your credit rating is not affected, and you can pay many loans with one big loan. In this blog, let’s learn about credit consolidation Singapore. </p>



<h2 class="wp-block-heading">What is Credit consolidation?</h2>



<p>Credit consolidation and debt consolidation are the same terms, leading to the same features and descriptions. The reason behind its consideration is that this offers more favorable terms for payoff, which says lower monthly payments, low-interest rate, and many other features. It is used as a valuable tool to deal with your credit card debts, existing liabilities, student loans, and others.</p>



<p>Credit consolidation is basically of two types, including Secured and Unsecured. There are some considerations for credit consolidations that need to be kept in mind for clarity.</p>



<h2 class="wp-block-heading">How Do credit consolidations work?</h2>



<p>It is already known that credit consolidation is a process to merge different liabilities under a single head, making them easy to repay. Besides, it is the helpful way for people burdened with multiple loans. They can apply for debt consolidation, combining multiple debts and paying just a single amount at the month’s end. In&nbsp;Credit consolidation Singapore, the consumer needs to take a new loan and pay the new debt until all the dues are settled.</p>



<p>You can search for your banks, credit card companies, or credit unions for the same if you have excellent and favorable terms with them. There are several private mortgage companies as well promoting the same. Few creditors might also show interest in your work and would sort out the process for you.</p>



<p>The companies associated with credit consolidation states that if you pay for your credit cards or loans at higher interest rates, it might save your money and will allow paying off your debts quickly. Besides, if you work with the right partner, it will work effectively. It would be best if you considered a debt management plan as it is a highly effective strategy.</p>



<p>Hence, the credit consolidation process will help you combine all your unsecured payments into the single monthly payment. It will help you avoid struggling with multiple due dates and amounts.</p>



<h2 class="wp-block-heading">Types of Credit Consolidation</h2>



<p>Do you want to learn about Credit consolidation Singapore? The debt consolidation loans are of two types, including Unsecured and Secured. As the name itself clears out, secured loans are based on collateral, be it any property or car. The asset provided to the creditor will act as collateral until the amount is repaid.</p>



<p><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/on+the+other+hand">On the other hand</a>, unsecured loans are not processed based on any asset and comparatively difficult to approve. They are likely to have increased interest rates and are provided only for lower amounts than secured loans. But in both cases, interest rates are usually lower than those offered in credit cards or are either fixed, which cannot be varied based on the repayment period. We have mentioned a few common ways to consolidate your loans into a single payment.</p>



<h3 class="wp-block-heading"><strong>Credit Cards</strong><strong></strong></h3>



<p>If you have multiple credit cards and if you’re tired of their repayment and missed due dates, then you must try out this <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/method">method</a>. Under this, you can club all your dues for the existing cards into a new card. The new will though charges lesser and the plus point is you can club your existing credit card promotional offer, if any, with the new for continued benefits. It would help if you remembered that these companies would initially offer lower interest rates to attract customers but increase within a few days or months. You need to keep a check and read out all the terms and conditions thoroughly.</p>



<p><strong>HELOC</strong><strong></strong></p>



<p>Home Equity Lines of Credit (HELOC) can also be clubbed with&nbsp;Credit consolidation Singapore. It would be best if you were very specific for its repayment as your house is at stake in this home equity loan.</p>



<h4 class="wp-block-heading"><strong>Student loan Programs</strong><strong></strong></h4>



<p>Although private loans are excluded from this offer, it applies on the ones offered by the federal government. Therefore, the new composite interest rate is the weighted average of all loans.</p>



<h2 class="wp-block-heading">Advantages of Credit Consolidation</h2>



<p>The only significant advantage of the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/method">method</a> is a combined loan for all the existing ones, lowered interest rates. Also, the payer will be liable only for a single debt. It will also decrease their repaying amount per month.</p>



<h3 class="wp-block-heading"><strong>Points to remember before going for Credit Consolidation</strong><strong></strong></h3>



<h3 class="wp-block-heading"><strong>Revise Your Spending</strong><strong></strong></h3>



<p>It would be best if you analyzed or find out the reason behind your debts. If you are spending more than your earnings, you need to revise your bank statement and go accordingly because debt consolidation won’t help. Besides, you must increase your income or reduce your expenditures.</p>



<p>Also, you need to fix a budget and check if you can pay off the existing debts by adjusting your spending. It would be best if you also pitched some creditors for debt or credit consolidation, as they might offer lower interest rates along with some other additional benefits too.</p>



<h2 class="wp-block-heading"><strong>Top Rated&nbsp;Credit consolidation Singapore Banks</strong><strong></strong></h2>



<p>As this article serves the Singaporeans’ interest mainly, a list of banks mentioned below is rated for the best debt consolidation plans.</p>



<ul>
<li>HSBC</li>



<li>Maybank</li>



<li>CIMB</li>



<li>POSB</li>



<li>Standard Chartered</li>



<li>OCBC</li>



<li>UOB</li>
</ul>



<p>These banks mentioned above are rated the best for providing lower interest rates and have been ranked on the top in Singapore for their best services.</p>



<h2 class="wp-block-heading"><strong>Conclusion</strong><strong></strong></h2>



<p>Credit consolidation Singapore&nbsp;will allow your monthly payments to reduce to the affordable amount. It will make your monthly payment more diminutive than the total amount of your consolidated loans. Besides, it makes your loan arranged swiftly, reducing your monthly payments to get getting your finances back under your control quickly.</p>



<p>Do you want a budget-friendly shopping experience? Shop and <a href="http:s//www.atome.sg"><u>www.atome.sg</u></a>&nbsp;today and avail of the interest-free and easier monthly installment payment option.</p>
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Credit Consolidation Singapore- Balancing Your Debts


<p>In Asia, Singapore flaunts the best rewards credit cards and the biggest spending in the world, with some allowing you to get a free card in exchange for your existing one and others giving you a cashback bonus for using certain online services. You can honestly say that the banks&#8217; rewards&nbsp;s system has replaced the old shopping style of lining up in queues.</p>



<p>All of the different types of best reward credit cards in Singapore&nbsp;have their pros and cons, which you should be aware of before you consider getting one for yourself!</p>



<p>We&#8217;ve compiled a collection of world credit cards in Singapore to assist you in making the right decision.</p>



<p>Disclaimer alert: Non-residents are not eligible for many <a href="https://www.atome.sg/atome-plus" target="_blank" rel="noreferrer noopener">rewards</a>&nbsp;cards in Singapore.</p>



<p>This begs the question, which rewards cards are available for Singaporeans?</p>



<p>A Singapore credit card is essential if you&#8217;re planning a big purchase. While thousands of the highest reward credit cards are available, Singaporeans can use a premium credit card with a certain spending requirement. Since they need to be of a certain income to qualify for the rewards, it is best to stick to a particular type of reward that can be spent only on certain things. Some of them are mentioned below:</p>



<h2 class="wp-block-heading">Citibank Rewards Card</h2>



<p>With an inclusive of the first year waived, the Citi bank reward plays a major role in proving itself as an elite rewards credit card for Singaporeans. On the off chance that you have spent a minimum of S$3,000 for three consecutive months, you are eligible to receive an equivalent of 30,000 points. The Citi bank credit card is genuine and supplies you with a certificate of purchase.</p>



<p>Moreover, the issuance is genuine, and all these are pre-filled at the comfort of their customers. You will make the selection for the reward points. Another reason for Citibank&#8217;s best rewards credit card in Singapore is that there&#8217;s no threshold for minimum usage. You can expect a rebate of up to 10% on a diverse range of <strong>stores</strong> like Amazon and Starbucks.</p>



<h3 class="wp-block-heading">Standard Chartered Unlimited Cashback Card</h3>



<p>Those who enjoy flights are not left behind in earning their miles; they get the overstretched benefit of obtaining the interest of overseas spending at encouraging rates. The good news to all of its consumers is the cashback of 1.5%, which ensures everyone has some little bucks as they conduct every transaction. Unlike the other top rewards of bank cards in Singapore that gives a waiver for one year alone, the Standard Chartered fees can be waived for up to 2 years. Take this offer and enjoy amazing deals from the credit card. Another advantage of Standard Chartered is that it will give you a higher rebate in the form of rewards when you have a huge balance on your card. The card has a 0% balance transfer policy and a 1-year introductory period to receive more benefits.</p>



<h4 class="wp-block-heading"><strong>How to redeem Standard</strong> Chartered reward points in Singapore?</h4>



<p>If you&#8217;re looking for ways to redeem Standard Chartered rewards points in Singapore, you&#8217;ve come to the right place. Standard Chartered&#8217;s 360° reward points are calculated based on your spending via the Standard Chartered Visa/MasterCard.</p>



<p>The points (including those you gain through the Standard Chartered reward program) can seamlessly be redeemed in the form of a cash rebate which is credited to your account on your next credit card statement. Here&#8217;s how you can redeem your SC points to attain Standard Chartered unlimited cashback exclusion:</p>



<ol type="1">
<li>Go to &#8216;Standard Chartered 360° Rewards Program through the bank&#8217;s app.&#8217;</li>



<li>Tap on the ‘Cashback’ tab and select ‘Get Cash.’</li>



<li>Input your login details and transfer the amount to your account!</li>
</ol>



<h3 class="wp-block-heading">HSBC Platinum Card</h3>



<p>The HSBC Platinum Card from HSBC is Singapore&#8217;s most comprehensive and finest reward credit card, if for nothing else than its annual fee. At S$999, it&#8217;s reasonable to say this card has the best features. You can use it for anything you want, anywhere you want (within Visa&#8217;s networks), for as long as you like.</p>



<p>At the same time, you also get free access to the HSBC Gold Rewards point scheme. This scheme allows you to earn points for everyday spending that can be used towards gift cards or redeemed for cash. You can also get 5x rewards on the multifaceted expenditure you make; you can earn frequent flier miles, meal coupons, consumer goods, including much more. Perhaps this is the reason it&#8217;s more enjoyable for the family guy.</p>



<h3 class="wp-block-heading">American Express Rewards Card</h3>



<p>A big bonus for those who like to shine in travelling, from its commonly known Kris Flyer as well as the Asia Miles, you&#8217;ll get your travel insurance ready. This American Express card gives you 100 points for each dollar you spend on dining and entertainment – plus the value of each point increases by 2.5 percent with every $1 you spend on eligible purchases. However, to receive all the rewards points, you need to spend a minimum of $3,000 a year or $7,500 across all your cards each year. Points can be redeemed for flights or transfers from the smartest gift credit card in Singapore to anywhere in the world and are redeemable in many hotels.</p>



<h2 class="wp-block-heading">Why should you apply for a rewards credit card?</h2>



<p>Well, this is the right path for Singaporeans who would like to enjoy a degree of leeway for the best compensation credit card in Singapore. All you need is to be patient to earn enough points, and you&#8217;ll be able to choose your reward. Another reason why people <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/love+nina+zazali">love</a> rewards credit cards is to be able to build points towards bigger, longer-lasting rewards. Another other good news is the wide variety of conversion choices, from a mile to cashback and so forth.</p>



<h2 class="wp-block-heading">Get ready for mega savings on your next shopping spree with Atome+</h2>



<p>Meet the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Atome</a>+ <a href="https://www.atome.sg/blog/best-loyalty-rewards-programs" target="_blank" rel="noreferrer noopener">rewards program</a>, which rewards your smart spending. It is the loyalty program offered by <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Atome</a>. Their motto is to enable you to own finer things in life. From travelling to exploring the eateries and shopping from luxury brands, Atome+ rewards you for buying the things you <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/love+nina+zazali">love</a>.</p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img data-attachment-id="8605" data-permalink="https://blog.atome.sg/online-shopping-ideas/tools-of-relaxation-ogawa-massage-chair/attachment/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1/" data-orig-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-orig-size="200,200" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="Atome app | Buy Now Pay Later | BNPL" data-image-description="&lt;p&gt;Scan QR code to download Atome app for &#8216;buy now pay later&#8217; shopping experience&lt;/p&gt;
" data-image-caption="&lt;p&gt;Scan QR to download the Atome app&lt;/p&gt;
" data-medium-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-large-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" decoding="async" loading="lazy" width="200" height="200" src="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?resize=200%2C200&#038;ssl=1" alt="Scan QR to download the Atome app" class="wp-image-8605" srcset="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?w=200&amp;ssl=1 200w, https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?resize=150%2C150&amp;ssl=1 150w" sizes="(max-width: 200px) 100vw, 200px" data-recalc-dims="1" /><figcaption class="wp-element-caption">Scan QR to download the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/get-the-app">Atome app</a></figcaption></figure></div>


<h3 class="wp-block-heading">How to redeem Atome+ reward points?</h3>



<p>Here’s how Atome+ points are the best thing for your shopping spree:</p>



<ol type="1">
<li>You might have heard that time is money! Well, Atome+ points are money too! For every 100 points you earn, you can offset the cost of your next purchase by $1. Now isn’t that mind-blowing?</li>



<li>Atome+ points can also be used to redeem rewards from many of their partner brands on the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/get-the-app">Atome app</a>. So not only do you get money off on your purchases but also exclusive discounts! Visit the Atome+ Rewards Center on the Atome app today to find out more.</li>



<li>Last but not least, you can use Atome+ points to play exciting games like Spin and Win and score sure-win prizes on the Atome app to win some exclusive prizes.</li>
</ol>



<p>You can redeem your Atome+ points by just clicking on the Atome+ button on the partnered merchants&#8217; websites, and your Atome+ points will be automatically used to pay for your items.</p>



<h3 class="wp-block-heading">How to win Atome+ points?</h3>



<p>Having seen the amazing benefits of the Atome+ reward points, you must be wondering how you can also benefit from this amazing service. Here’s how you can earn Atome+ reward points:</p>



<ol type="1">
<li>Buy more to earn more. For every $1 you spend through Atome, you get 1 point. <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/how-it-works">Using Atome</a> is not only convenient but also rewarding.</li>



<li>There is always one campaign or another going on where you get to earn extra Atome+ points. Keep looking for these upsized points campaigns by downloading the Atome app now!</li>



<li>Finally, earn a mega bundle of 1,000 Atome+ points when you refer your friend to use the Atome app. Helping out your friend to try the best <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">BNPL</a> service has never been more rewarding!</li>
</ol>



<p>With all these perks, Atome wants you to reward yourself with finer things in life. Now isn’t that amazing?</p>



<h2 class="wp-block-heading">Conclusion</h2>



<p>Paying off all your credit card debt is a very difficult and painful process, but if you are willing to stay the course, it will pay off exponentially in the end. You should reconsider if you have never contemplated taking out a perfect reward financial card in Singapore. Credit cards are the modern world&#8217;s friend; they will help you through tough times.</p>
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Master the Art of Best Rewards Credit Card Singapore with These Tips


<p>Even though it may seem a simple enough concept on the surface, still there is quite an apprehension among people when it comes to buying on credit. The simple reason being that many don’t understand fully&nbsp;what is an installment credit and how it works. Below is a brief breakdown of installment credit. Learn how you can use installment credit to build a positive credit score. Also, find out how you can buy what you need right now by buying on credit and paying the amount in monthly payments.</p>



<h2 class="wp-block-heading"><strong>What is an installment credit?</strong></h2>



<p>Installment credit, essentially, is a loan or an amount that you borrow. This is a fixed amount of money that you have borrowed as a loan from the borrower. You usually receive a loan when you provide your consent to&nbsp;paying the amount in monthly payments. These payments are of a fixed amount and are made up to a pre-decided duration, known as the repayment period.</p>



<p>For example, if you have agreed to pay back the loan in six monthly installments then it means that your repayment period is 6 months. The repayment period is usually laid out by the lender in the terms and conditions, however, the period can get stretched from months to years, depending upon how long it takes for the borrower to pay the loan amount back.</p>



<h2 class="wp-block-heading"><strong>What can you use installment credit for?</strong><strong></strong></h2>



<p>Installment credit is also known more commonly as an installment plan or hire-purchase plan. You can get credit on the condition that you would be&nbsp;paying the amount in monthly payments, known as equal monthly installments or EMIs. Through these installments, you would be repaying the entire credit amount in a certain specified period. You may also be required to pay a fraction of the amount beforehand, known as the down payment.</p>



<p>You can use installment credit or installment plan to purchase the goods and services you require. Be it big-ticket items like automobiles or home appliances, or small expenses such as paying your recharge bill, you can use installment credit to pay for such expenses.</p>



<p>Using installment credit, you can immediately get possession of the product, even though instead of paying in full immediately, you would be paying the amount in monthly payments over an extended period. There are several plans currently in the market from where you can acquire credit installments. Several e-commerce platforms and online retailers also offer installment credit, allowing customers to buy their products on credit.</p>



<h2 class="wp-block-heading"><strong>Why is Buying on Credit a thing?</strong></h2>



<p>Installment credit enables customers to buy something they need right now, without having to first save for months and months. Especially for something urgent, like a laptop you need to work or study, cannot wait until your bank has enough balance to buy one. Hence, it is pretty clear why there is an inherent appeal in buying on credit.</p>



<p>With several e-commerce sites and online retailers offering lucrative terms and conditions for availing installment credit, it makes sense why buying on credit has become quite a fad among online customers.</p>



<h2 class="wp-block-heading"><strong>Characteristics that tell you what is an Installment credit</strong><strong></strong></h2>



<p>Installment credit can be summed up in the following points:</p>



<ul>
<li>Installment credit functions essentially as personal loans or commercial borrowings. Hence, the customer should be paying the amount in monthly payments. These payments should be scheduled payments or installments.</li>



<li>With every payment, the customer ends up paying a certain percentage of the total amount of the installment credit initially borrowed.</li>



<li>Usually, with installment credit, a certain percentage of interest is also payable. However, with the recent emergence of several “<a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Buy Now Pay Later</a>” services and models, many e-commerce platforms and retailers now offer installment credit on zero interest rates. This means that customers are no longer required to pay additional interests or charges, outside the principal amount initially borrowed.</li>
</ul>



<h2 class="wp-block-heading"><strong>Advantages of buying on credit</strong><strong></strong></h2>



<p>There are several advantages of&nbsp;buying on credit. Below are some of the notable benefits of using installment credit:</p>



<ul>
<li>Installment credit plans usually tend to have quite flexible terms and conditions.</li>



<li>The interest rates are as low as zero percent. This is a major advantage of buying on credit.</li>



<li>Installment credit allows customers to finance big purchases. This makes installment credit highly lucrative for customers.</li>



<li>Usually, with installment credit, where you would be paying the amount in monthly payments, the payment amounts remain the same throughout the repayment duration.</li>



<li>You can build or improve upon your credit score by&nbsp;paying the amount in monthly payments, in a timely manner. Given how your payment history primarily determines your credit score, this can be a great opportunity to not only upgrade your laptop but also to create a credit score that would tell lenders that you are a responsible borrower.</li>
</ul>



<p><strong>Things to remember about installment credit</strong><strong></strong></p>



<ul>
<li>Even though modern installment credit plans have flexible terms and conditions, you must carefully read and go through all the terms and conditions before taking installment credit.</li>



<li>Taking installment credit won’t directly impact your credit rating. You can even improve your credit rating by&nbsp;paying the amount in monthly payments&nbsp;on time. However, if for some reason or the other you fall back on your payments or miss any installments, then retailers often retain the right to do a hard check, in which case, your credit score might get impacted negatively.</li>



<li>Even though the interest rates on most installment credit plans are zero, they get progressively high in the case you miss your payments or there is a delay on your part to pay the installments. Hence, you should be mindful of that and only take installment credit if you are confident in your ability to pay the installments on time.</li>
</ul>



<h2 class="wp-block-heading"><strong>Takeaway</strong><strong></strong></h2>



<p>Hopefully, you learned and understood what is an installment credit. If used wisely, installment credit can vastly expand your purchasing power. More and more people are realizing this and opting for the &#8220;<a href="https://www.atome.sg/" target="_blank" rel="noreferrer noopener">Buy Now Pay Later</a>&#8221; payment alternative. You too can use installment credit tactfully to not only buy what you need but simultaneously build a responsible credit history.</p>
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Understand Installment Credit and How to Use it


<p><strong>Introduction-&nbsp;</strong></p>



<p>According to government reports, the people of Singapore <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/love+nina+zazali">love</a> to shop and 3/4th of them own a credit card. But not everyone uses a credit card wisely. The reason people are fond of credit cards is that it gives them the freedom to shop without limits. Credit cards are making people happier as they experience financial freedom while using them. But all that glitters is not gold. Just like everything else, credit cards also come with their risks. If you don&#8217;t follow the safety measures, while using a credit card, then you can potentially jeopardize yourself financially.So here are a few suggestions to make sure you can use your credit card wisely, take a few minutes to learn the tips given below,&nbsp;</p>



<p><strong>Use your card at trusted merchants-&nbsp;</strong></p>



<p>There has been an unconventional hike in online shopping via credit card, in recent months. As a result, frauds related to payments have also increased drastically in Singapore. To avoid these risky situations, you should properly understand how to use credit cards wisely. The very first tip is to buy from a well-established and trusted shop or store. Even if a certain store is offering lucrative deals, you shouldn&#8217;t let your temptation get the better of you, because otherwise, you will end up being ripped off. For the sake of your hard-earned money, you should let reason and rationale prevail over instant gratification.</p>



<p><strong>Be alert with your Credit Card usage-&nbsp;</strong></p>



<p>The use of a credit card gives you freedom but then you should know that anything beyond a certain limit could wreak havoc. The second tip on how to use a credit card wisely is to make a budget for your credit too so that you won&#8217;t be able to spend above it, thereby avoiding financial doom. You can keep track of your spending limit by monitoring it at an interval of every 10 days. Another advantage of monitoring is that you can improve your credit score by keeping your credit card balance below 50%.&nbsp;</p>



<p><strong>Make credit card bill payments on time &#8211;&nbsp;</strong></p>



<p>To conveniently use credit cards you should pay the bills promptly because it affects your credit card score. There are many disadvantages of not paying credit card bills on time such as credit card companies charge high-interest rates on the outstanding balance. The interest will increase every month and in the end, you will be penalized.&nbsp;</p>



<p><strong>Using technology &#8211;&nbsp;</strong></p>



<p>To monitor your payments, monthly expenses, credit score, etc. many banks provide their apps and via these apps, you would be able to know more about how to use a card wisely, some suggestions to help you pay attention to your credit card are,&nbsp;</p>



<ul>
<li>Alerts by text message, email, or phone.&nbsp;</li>



<li>Instant transfer from your one account or to another account.</li>



<li>Online, mobile phone access to your account.&nbsp;</li>



<li>Credit card with an automatic spending limit.&nbsp;</li>
</ul>



<p><strong>Create and stick to a budget-&nbsp;</strong></p>



<p>As you have understood already that your habit of reckless spending can damage your credit score and even you can be financially broke so here comes another important tip on how to use a credit card wisely i.e. to create a realistic budget and follow it properly. You should also pay your card bills every month in full and you can even tell someone in your relatives to remind you now and then to pay your bills. But if you are not able to pay the full amount you should at least pay more than the minimum to avoid the heavy interest rates.</p>



<p><strong>Follow the rewards-</strong></p>



<p>Here comes one of the best and most loved tips on how to use a credit card wisely i.e. to take a credit card from the bank where you get exciting rewards. The first thing, after checking the authenticity of your bank, you should do is to check the rewards scheme. By paying on time and keeping a good credit score you can maximize your chances of getting delightful rewards. The banks give rewards such as free plane tickets, movie vouchers, discounts on electronics, free access to airport lounges, and whatnot.&nbsp;</p>



<p><strong>Pay off high-interest credit cards first-&nbsp;</strong></p>



<p>Do try to check your credit report to know all the details. You should know that high-interest debts are like the cancer of credit cards as they will throw you in the sea of bad debts. So you should make sure to pay the bills of the card that has a high- interest rate. By doing that that you can keep on enjoying the credit card facility all your life.&nbsp;</p>



<p>Even though Credit cards are tempting, you should know when to stop because you have to return what you borrowed, eventually.&nbsp;</p>



<p>So keep an eye on your spending limit, otherwise, in the end, you will regret getting a credit card.&nbsp;</p>



<p>Lastly, an unavoidable tip in this era of fraud marketing, on how to use a credit card wisely is to be aware of the promotional offers given by credit card companies, as they lure their customers by giving exciting offers. You should check all the terms and conditions before using it.&nbsp;</p>
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7 Tips on How to Use A Credit Card Wisely


<p>Credit Cards are the best way for receiving short-term loans in emergency situations. Moreover, since they have lower interest rates and easy installments, they have become very popular among the customers. They can also be used to pay utility bills and there are so many best credit card to pay <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/singtel">Singtel</a> bill available.</p>



<p>Also, they offer various other benefits and advantages to the user at various bill payment locations. The card owners are rewarded with points, offers, discounts, and more. However, what are the other benefits of using the best credit card to pay <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/singtel">Singtel</a> bill and other utility bills? Here is a quick answer to this question:</p>



<h1 class="wp-block-heading">The Pros of Credit Card Bill Payment</h1>



<ul>
<li><strong>Convenient &amp; Fast</strong></li>
</ul>



<p>With a credit card at hand, one doesn&#8217;t have to worry about visiting the bill payment center themselves. You can complete the payment through your credit card by using their online portal. It can be easily done on the go to ensure that you don&#8217;t have to pay a late payment fee.</p>



<p>Moreover, using a credit card also saves you from additional interest charges. There are numerous online and offline stores that accept payment via credit cards. You can also use the credit card to pay Singtel bill at your convenience.</p>



<ul>
<li><strong>Tracking Expenses</strong></li>
</ul>



<p>It is said that using credit cards leads people towards becoming debt-stricken. However, this is a myth. Most credit cards are <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/actually">actually</a> an efficient budgeting tool if you know how to use them right.</p>



<p>Every transaction made through a credit card can be reviewed using the online account management service offered by the card company. This will help you stay under your budget limit, avoiding all types of debts and extra expenses.</p>



<ul>
<li><strong>No Convenience Charges</strong></li>
</ul>



<p>One can use their best credit card to pay Singtel bill without worrying about additional charges. However, many utility companies also add a convenience fee to the total bill if you pay it using a credit card.</p>



<p>The worst part is that to avoid paying the charges, people shift to other banking methods to clear the bill dues. But, this only leads to piling up the convenience fee every month. Therefore, clearing the dues once would be a smarter choice.</p>



<ul>
<li><strong>Automatic Bill Payment</strong></li>
</ul>



<p>Another benefit of using the best credit card to pay Singtel bill is that you can change the bill payment settings to automatic. This way you will not have to worry about having to remember various payment dates. Various utility and insurance bills can be paid this way to save time and effort.</p>



<ul>
<li><strong>Earn Rewards</strong></li>
</ul>



<p>Many card companies offer rewards and cashback upon using their credit card to pay Singtel bill. Few others also provide points for completing the card transactions. You should always keep an eye out for such deals. They will help you save extra and get additional perks.</p>



<h1 class="wp-block-heading">When to use Credit Card for making payments?</h1>



<p>There are certain bills or places where you cannot use a credit card to pay. For example, there are a few online or offline stores that do not accept credit card payments yet. This is due to the heavy transaction fees they have to pay to the card companies.</p>



<p>While a few others charge a hefty convenience fee. Furthermore, you should go for credit card bill payment only if you keep your dues clear every month and do not pay any late fees.</p>



<p>Never use a credit card for paying the bill just because you cannot afford to pay it at that moment. You might end up paying extra interest on the total amount. Using the credit card to pay Singtel bill and other regular bills could be a fruitful decision.</p>



<h1 class="wp-block-heading">Paying Bills: Credit or Debit Card?</h1>



<p>While credit cards are popular among consumers, the use of debit cards is higher among all buyer groups. Whether they have to go shopping or paying bills, they tend to use debit cards for all types of payments. However, since both are cards, both offer equally quick payment of the dues.</p>



<p>But credit cards are better options for regular or monthly bills as they offer additional rewards and returns. One doesn’t have to keep checking the log to see when is the last date for paying a particular bill. By setting the card for automatic payment, you can steer clear from undertaking this responsibility.</p>



<p>Moreover, since they have a particular credit limit, you will avoid outdoing the restrictions. This is because spending more than the credit limit imposes additional fees on the user. <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/on+the+other+hand">On the other hand</a>, if you use a debit card, you will have to ensure that you have enough funds in your account before paying.</p>



<h1 class="wp-block-heading">Make the best decision for you</h1>



<p>Just like every person is unique, their financial conditions and requirements differ as well. If you think you are capable of paying bills through credit cards without affecting your credit score, then using the best credit card to pay Singtel bill would be the best option for you.</p>
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Paying Bills with Credit Card: A Smart Choice?


<p>At a glance, it seems as if online buyers are already overwhelmed with the many discounts, rebates, and promotional offers being thrown their way. And thus, straddling them with an option to buy products in installments may seem too much. Are people aware of how to pay installment using credit card? More importantly, are they eager to learn?</p>



<p>Singapore is witnessing a boom in the e-commerce market. There is also growing adoption of alternative payment options such as ‘<a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Buy Now Pay Later</a>’ among the general public. This indicates that consumers are more eager than ever to buy online and make use of these attractive offers. This is precisely the reason why credit cards are embracing <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">BNPL</a> and collaborating with e-commerce giants. A brilliant example of such a partnership is the Lazada Citi Card. Customers across Singapore are turning to these hybrid payment methods, and it is time for you to jump aboard.</p>



<h2 class="wp-block-heading">How does BNPL on credit cards work?</h2>



<p><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Buy now pay later</a> or BNPL is an easy <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/method">method</a> of paying for a purchase by splitting the cost into smaller, more affordable installments. These installments could be paid monthly or depending upon the case, on a weekly or bi-weekly basis.</p>



<p>BNPL allows customers to buy big-ticket items such as fridges, furniture, or other such costly items that the customers may find hard to pay for in lump-sum. Below mentioned is the process that usually a customer has to undertake to subscribe to BNPL through a credit card on an e-commerce website like Lazada.</p>



<ul>
<li>When you click on checkout on the app, you would be asked to confirm the address and shipping <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/paylater-merchants/method">method</a>. After confirming these, you would be able to choose a payment option.</li>
</ul>



<ul>
<li>This is where the option- ‘Credit Card Installment’ would be visible. You click on it and then pick the bank that has issued you the credit card, from the extended list.</li>
</ul>



<ul>
<li>The terms and conditions of BNPL plans differ from bank-to-bank. Therefore, you would have to get yourself acquainted with the terms of conditions of your bank.</li>
</ul>



<ul>
<li>You will be redirected to a page where you would have to provide your credit card details.</li>
</ul>



<ul>
<li>Once you have provided the details, the page will be redirected to the payment confirmation page of your bank. On this page, you will have to enter the one-time password (OTP) that your bank will provide you on your mobile phone via a text message.</li>



<li>After punching in the numbers of OTP you would be required to press enter and submit the OTP to the bank.</li>
</ul>



<p>This is how the payment process looks like when you use BNPL through a credit card. But you are probably thinking- what about after purchasing the product? How to pay installment using credit card?</p>



<h2 class="wp-block-heading">How to pay installment using credit card?</h2>



<p>Before you learn more about how to pay installment using credit card, you should know that debit cards cannot be used for paying installments, a credit card is essential for a BNPL payment processing to occur.</p>



<ul>
<li>If you are contemplating buying a big product, like a TV for instance, then it is preferable if you can find a credit card that would provide you BNPL services at a 0% installment plan. A good example of such a card is the Lazada Citi Card.</li>
</ul>



<ul>
<li>Adopting a 0% installment plan, you would essentially be splitting the cost of the product, repaying the amount in small installments over an extended timeframe. The time frame would depend upon the plan that you are selecting. There are all kinds of plans with different time frames( 3 months, 6 months, 8 months, etc.) You can select the one that suits you the best, as you won’t have to pay any interest on the outstanding amount of your invoice.</li>
</ul>



<ul>
<li>If your credit card is offering you a 0% installment plan then those would be applicable only on certain purchases that are above a particular predetermined amount. For example, you would be only able to purchase items that are more than $100 (Singapore). However, several credit cards are now offering 0% installments on smaller purchases as well. One notable example of this is the Lazada Citi Card. Customers can buy even smaller items from Lazada on a BNPL basis.</li>
</ul>



<ul>
<li>There is usually a one-time processing fee that the credit card will charge you for processing the plan. Only after you have paid the processing fee will the installment plan be activated. The rate of processing fee differs from card-to-card. Generally, the rate is between 1.8 to 3%.</li>
</ul>



<ul>
<li>Once the plan is activated, you should pay your installments on time.</li>
</ul>



<h2 class="wp-block-heading">Best credit card alternative: Atome 3-0-intertest payment plan</h2>



<p><a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Atome</a> is a three-zero-interest payment plan designed to bring you unexpected shopping experience. For new users, <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Atome</a> promises you a ten-dollar shopping voucher in return for your active participation.</p>



<p>Act now to download <a href="https://www.atome.sg/get-the-app" target="_blank" rel="noreferrer noopener">Atome app</a>!</p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img data-attachment-id="8605" data-permalink="https://blog.atome.sg/online-shopping-ideas/tools-of-relaxation-ogawa-massage-chair/attachment/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1/" data-orig-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-orig-size="200,200" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="Atome app | Buy Now Pay Later | BNPL" data-image-description="&lt;p&gt;Scan QR code to download Atome app for &#8216;buy now pay later&#8217; shopping experience&lt;/p&gt;
" data-image-caption="&lt;p&gt;Scan QR to download the Atome app&lt;/p&gt;
" data-medium-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-large-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" decoding="async" src="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1651678598743.png?w=640&#038;ssl=1" alt="Scan QR to download the Atome app" class="wp-image-8605" data-recalc-dims="1"/><figcaption class="wp-element-caption">Scan QR to download the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/get-the-app">Atome app</a></figcaption></figure></div>


<h2 class="wp-block-heading">Things to remember about credit card installment plans</h2>



<ul>
<li>You should know that once the plan has been activated, you should try not to pay pre-maturely and close the plan. This is because you could have to pay a penalty for ending the plan earlier than its usual course.</li>
</ul>



<ul>
<li>Also keep in mind that your credit limit would be reduced by the original amount of the invoice, and not the amount you have paid as your first installment. For example, say you have bought a product for 1000$ (Singapore) on a plan that has 5 equal monthly installments. Then your credit card limit will be reduced by 1000$ and not by the installment amount of 200$.</li>
</ul>



<p>Hopefully, you were able to get some insights on how to pay installment using <a href="https://www.atome.sg/blog/what-is-the-right-credit-card-for-you-in-singapore/" target="_blank" rel="noreferrer noopener">credit card</a>. The e-commerce market in Singapore is quickly adopting <a href="https://www.atome.sg/" target="_blank" rel="noreferrer noopener">BNPL</a> strategies to attract consumers. And online shoppers have an opportunity to milk these options to purchase things they find hard to save for.</p>
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Credit cards in Singapore are milking ‘Buy Now Pay Later’ to the delight of customers


<p>Whether it is small businesses or savvy e-commerce platforms, firms in Southeast Asia are adopting &#8216;<a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">buy now pay later</a>&#8217; (<a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">BNPL</a>) with more fervor than ever. One of the best examples is the Lazada installment plan, which recognizes the opportunity that BNPL payment strategies are bringing, not just for the platform, but its countless customers as well.</p>



<h2 class="wp-block-heading">What is Buy Now Pay Later (BNPL)?</h2>



<p>BNPL, essentially, enables buyers to purchase a product and then pay over an extended period. Installments can be paid on a weekly, bi-weekly, or monthly basis. The BNPL strategies that we are seeing in Singapore, for instance, the Lazada installment plan, comes with attractive features like zero interest and ease of use.</p>



<h2 class="wp-block-heading">Current scenario of BNPL in Singapore</h2>



<p>As per the 2020 e-Conomy SEA report, Asia Pacific is slated to be the fastest-growing region, as far as the embracing of BNPL is considered, for the period between 2020 to 2027. This opening up to BNPL is being largely attributed to the region&#8217;s growing population of internet users. A whopping 40 million new users were added to the internet user base in Southeast Asia, and this figure was just for 2020. With this addition, the total number of internet users in the region has reached 400 million.</p>



<p>Taking Singapore specifically, approximately 1.1 million people have relied on BNPL. This is as per an October 2020 consumer survey that was conducted by Finder. Moreover, this number tells us that a good 38% of the total population of the country is known to have used BNPL. It indicates that the country is moving towards embracing mobile payment methods and therefore, making use of e-commerce strategies such as the Lazada installment plan. Want to know more about <a href="https://www.atome.sg/blog/lazada-seller-fees-commissions-and-benefits-while-selling-on-lazada" target="_blank" rel="noreferrer noopener">Lazada seller fees</a>? Click here!</p>



<p>As per Tech in Asia chart, it is evident that both investors, as well as BNPL firms, are eyeing certain markets more than others. Among those select few markets in Singapore. This investment influx has been very beneficial in the funding of innovative BNPL strategies, like the Lazada installment plan. In the funding round of last year, BNPL funding hit a record high.</p>



<h2 class="wp-block-heading">The utility of BNPL for customers</h2>



<p>One of the principal reasons why BNPL has been able to gain such traction in Singapore has to do with its incredible utility for customers. Buyers are finding it lucrative to depend on BNPL for even smaller products, not just big-ticket items.</p>



<p>There is a myth that surrounds repayment through installments. The myth is that only people who cannot afford to pay in lump sum go for payment options like installments. Even though the purpose of adopting BNPL is to make products affordable for a wider audience, the truth is that even those buyers that can afford to pay $200 to $500(US) in lump sum, prefer paying in installments, if there is no interest and the payment process is hassle-free. The success of payment models like that of the Lazada installment plan shines a light on this fact. People also adapt to BNPL because of reasons like preferring to settle all their monthly bills on a certain date or time, instead of paying as and when they make the purchase.</p>



<p>On top of that, BNPL is also proving to be a useful tool in reinforcing a habit of timely repayment in buyers. This can eventually be helpful to users in teaching them how they can better manage their money. It is certainly a skill that the younger generation can benefit from learning.</p>



<h2 class="wp-block-heading">Classier than credit cards</h2>



<p>BNPL is further emboldening the user to take credit with every purchase, without the use of credit cards. Credit cards as a financial tool never quite took off in Southeast Asia. However, BNPL is ultimately doing the same thing, but doing it more effectively by shrinking the credit-taking process to only a few clicks. BNPL is a true reflection of how shopping should be in the modern era. An era where a buyer gets an end-to-end shopping experience with absolutely zero hassles and no after-sale costs.</p>



<p>There is one crucial difference between credit cards and BNPL, which is that a credit card, essentially, connects the bank account of the buyer with that of the selling platform. It is because the credit card company is ultimately transferring money from a bank that has extended credit to the buyer. BNPL is different because it is 2-in-1; it is one entity that combines the role of the credit card company as well as of the bank. This allows new merchants to easily jump aboard, without any operational difficulties. It also means optimal management of the payment process, making it quick, easy, and reliable for users.</p>



<h2 class="wp-block-heading">Best-recommended BNPL payment plan: Atome app</h2>



<p><a href="http://atome.sg" target="_blank" rel="noreferrer noopener">Atome</a> is a three-zero-interest payment plan designed to bring you unexpected shopping experience. For new users, <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg">Atome</a> promises you a ten-dollar shopping voucher in return for your active participation.</p>



<p>Act now to download <a href="https://www.atome.sg/get-the-app" target="_blank" rel="noreferrer noopener">Atome app</a>!</p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><img data-attachment-id="8605" data-permalink="https://blog.atome.sg/online-shopping-ideas/tools-of-relaxation-ogawa-massage-chair/attachment/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1/" data-orig-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-orig-size="200,200" data-comments-opened="1" data-image-meta="{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}" data-image-title="Atome app | Buy Now Pay Later | BNPL" data-image-description="&lt;p&gt;Scan QR code to download Atome app for &#8216;buy now pay later&#8217; shopping experience&lt;/p&gt;
" data-image-caption="&lt;p&gt;Scan QR to download the Atome app&lt;/p&gt;
" data-medium-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" data-large-file="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1668743860679.png?fit=200%2C200&amp;ssl=1" decoding="async" src="https://i0.wp.com/blog.atome.sg/wp-content/uploads/2021/05/middle_img_v2_d9b2036c-b85c-4179-8177-e6006e0761fh-1-e1651678598743.png?w=640&#038;ssl=1" alt="Scan QR to download the Atome app" class="wp-image-8605" data-recalc-dims="1"/><figcaption class="wp-element-caption">Scan QR to download the <a title="" class="aalmanual" target="_blank"   href="https://www.atome.sg/get-the-app">Atome app</a></figcaption></figure></div>


<h2 class="wp-block-heading">Takeaway</h2>



<p>Contrary to the conventional belief that strategies such as <a href="https://www.atome.sg/" target="_blank" rel="noreferrer noopener">BNPL</a> may disrupt the budgetary planning of customers, it is proving to be quite a useful tool for many. There are some obvious risks for entities such as Lazada, that are boldly pursuing models like the Lazada installment plan. However, high risks don&#8217;t necessarily make it a bad investment, as is indicated by the success that the platform has experienced since the adoption of BNPL.</p>
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