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|Student credit card||Credit limit||Annual fee|
|DBS Live Fresh Student Card||$500||$192.60 (waived for 5 years)|
|Citibank Clear Student Credit Card||$500||$29.96 (waived for 1 year)|
|Maybank eVibes Student Credit Card||$500||$20 (waived if card is active)|
If you are already using a DBS or POSB savings account, getting a DBS student credit card makes perfect sense. The DBS Live Fresh Student Card is open to students of local universities and polytechnics, aged 18 to 27. It has a $500 credit limit as well as a 5-year fee waiver, and there is a modest 0.3% cashback on all spending with no minimum monthly spend required.
If you’re confident of staying on top of your credit card bills, Citibank’s student credit card — called the Citibank Clear Card — is another popular choice. It is open to students (18 years and above) from a wider range of tertiary institutions in Singapore, including foreign schools. The Citibank Clear Card comes with the standard credit limit of $500, and the annual fee is waived for the first year. Instead of cashback, you earn reward points on your spending.
Another student credit card to consider is the Maybank eVibes Card, which is open to students and NSFs enrolled in local tertiary institutions. The age range is 18 to 30 years old. The Maybank eVibes Card gives you 1% rebate on everything, which is very high for a student credit card. There is also no annual fee, but you will need to keep this card active by charging something at least once every 3 months to avoid a $5 quarterly service fee.