The company gave me the company debit card that contains the money of the company. The president told me to use it. Now I am worried and surprise because out of the blue I have the debit card of the company. Should I return it? Is it even legal to have it in my hands? I am not sure if I should use it.
As people’s lives grow more digital, it has only served to make it easier for hackers and cybercriminals to access more and more personal information and identity. They can open utility accounts, get a cell phone, or apply for a credit card, all using your name. Citi offers a free Identity Theft Solutions that can help you in the event that your identity is ever stolen. The service comes free with your Citibank Basic Banking Checking Account. Dealing with identity theft can be a massive pain, but Citi’s expert team can make it a little bit easier.
Citibank Basic Banking Account / Citibank Singapore
The interest is quite low on this card as compared with other saving plan. It deducts 2 dollars per month on your account balance if it is lower than $500. The interest rate is minimal and there are no incentive to save each month. Super good account as they do not need initial deposit to open the account. Good for new to workforce adult that have not much saving.
DBS eMySavings Account / DBS Bank
Maybank Singapore goes the extra mile with this one to targets the elderly in new integrated banking package with access to products such as endowment and retirement plans. Maybank Singapore’s integrated package encompassing banking products with preferential savings rates and lifestyle perks for customers aged 50 and above as part of its efforts to help them grow their retirement funds is simple genius
Maybank Passion Plus Programme / Maybank Singapore
Good account with pretty good interest without having to worry about minimum spend or other transactions. However, since they encourage account holders to go cardless, to get a card you may need to pay for it. I find that the user interface for the mobile and online banking is rather lacklustre as logging in seems to be a huge problem for the app.
CIMB FastSaver-i Account / CIMB Bank Berhad Singapore Branch
Standard Chartered is another name that has an expat banking programme to cater to expats’ needs allowing those on the programme to get their accounts set up prior to arriving in Singapore, and to remit money to overseas Standard Chartered account for free. The main drawback is the lack of Standard Chartered ATMs around, not easily accessable.
Standard Chartered FCY$aver / Standard Chartered Bank Singapore
The Citi MaxiGain Savings Account is a fantastic account for wealthy, consistent savers who can maintain a balance between S$70,000–S$150,000. To begin with, this account is a bit unique as the base interest rate is set to 70% of the 1-month SIBOR (Singapore Interbank Offer Rate), which changes daily–making rates slightly more variable than with other accounts. As a baseline, the effective base rate tends to be around 1.00% p.a., more or less, which is by far the highest available as per market standards.
Citi MaxiGain Savings Account / Citibank Singapore
No Name
All companies have bank accounts that can be used for the expenses of the company. If the CEO, or owner of the company gave you permission to use the debit card of the company. Ask them if there is a catch or if they are really letting you use the company card. Also ask them if it would affect your position and if you can use it for your own use.