SINGAPORE – Consumers are increasingly opting for debit cards as the pandemic has made them more wary of chalking up credit card debt.
Lenders are also seeing shifts in the way people use credit cards, with cashback gaining traction even as customers hold onto their miles in the hope of travel eventually resuming.
Please subscribe or log in to continue reading the full article.
Get unlimited access to all stories at $0.99/month
- Latest headlines and exclusive stories
- In-depth analyses and award-winning multimedia content
- Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*
*Terms and conditions apply.
Join ST’s Telegram channel here and get the latest breaking news delivered to you.
Source: Read Full Article