SINGAPORE: As the classic cards market increasingly becomes saturated, the platinum cards segment is poised to grow, with over seven in 10 (71%) cardholders in Singapore holding platinum cards in 2011, up from 68% the previous year.
According to a survey by HSBC on cardholders in general, covering both HSBC and non-HSBC credit cards, Singapore registered the highest penetration of platinum cardholders across Asia, followed by Taiwan (56%) and Hong Kong (41).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!