Applying for a credit card is one of the key rites of passage for young people on their journey to adulthood, and never more so than in Singapore, it seems.
It was not that long ago that a card was considered one of the coveted five Cs that a successful Singaporean should own. For those out of the loop, the other ones are car, condo, club membership and lashings of cash. Much has changed since, and credit cards are now a common mainstay in most wallets.
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