SUBSCRIBERS

Citi preparing 'interesting response' in credit card market

Bank monitoring trend of tying spending to interest rates earned on savings

    Published Mon, May 25, 2015 · 09:50 PM

    Singapore

    CITIBANK Singapore may have retained its pole position in the credit card market, but it is defending itself against keen competition.

    For one thing, it will have an "interesting response" to the trend of tying credit card spending to the interest rates earned on bank savings, a top executive said at a briefing on Monday.

    Copyright SPH Media. All rights reserved.