Banks are ever eager to entice cost-conscious consumers looking to stretch their dollar.迷利倉Standard Chartered, for example, has launched the co-branded Standard Chartered Tigerair Platinum Credit Card - its first co-branded card with an airline.The bank's research shows that spending on budget airlines has surged 20 per cent this year.Travel-related spending on credit cards has also grown at least 35 per cent.Mr Som Subroto, regional consumer banking head of Standard Chartered Bank, Singapore and South-east Asia, said many travel cards are aimed at well-heeled travellers. "This is the first travel card targeted at the value-conscious segment... who travel on budget airlines."Holders of this card get to redeem air tickets even before they start spending on the card.After claiming an all-inclusive, one-way Tigerair ticket using the "upfront rewards" plan, customers have to spend $5,000 within 12 months. If not, a $100 fee will be incurred.They can also opt for a conventional rewards scheme, getting the air ticket after spending $8,000.Over at OCBC, holde自存倉s of any OCBC credit card will be able to benefit from a new promotion with petrol giant Esso.Usually, such promotions are part of a new card's launch but the offer - a 19.6 per cent in savings on petrol - is available across the range of plastic.OCBC's group lifestyle financing head, Mr Desmond Tan, said the move will deliver consumers more savings without the need to get another card.He added: "We are making it fixed, a platform benefit ... all cards will get 19.6 per cent off."It's a strategic alliance, Esso has the largest network of petrol stations, with more than 60."The move is part of a larger strategy to get OCBC's customers to consolidate their credit spending on fewer cards.Many Singaporeans hold up to six credit cards and reducing the number can make life easier.Reports from Visa and MasterCard also show that credit card spending is expected to slow next year from this year.Mr Tan said: "Now, the year-on-year market is growing at about 11 per cent, it's still growing but next year, the forecast is such that it will grow slightly slower.''mini storage
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