{"id":36090,"date":"2022-02-03T09:11:12","date_gmt":"2022-02-03T01:11:12","guid":{"rendered":"https:\/\/www.you.co\/sg\/?p=36090"},"modified":"2026-02-12T18:09:21","modified_gmt":"2026-02-12T10:09:21","slug":"best-cards-for-chanel-bags","status":"publish","type":"post","link":"https:\/\/www.you.co\/sg\/blog\/best-cards-for-chanel-bags\/","title":{"rendered":"Shopping For Chanel Bags: Best Cards For Biggest Savings (2022)"},"content":{"rendered":"\n

In case you were looking to own your very own Chanel, we\u2019ve done some comparison to help you clinch the best deal with the right card when shopping for Chanel bags in Europe!<\/strong><\/h2>\n\n\n\n
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With all the savings you (should have)<\/em> saved up over time from staying put in Singapore during the pandemic, you’ve more than earned the right to treat yourself a little the next time you travel. Unfortunately, considering and calculating finances<\/a> can be quite the hassle \u2014 especially when it comes to overseas travel<\/a>. With the various cards and options to choose from<\/a>, selecting the right paying method might seem inconsequential right now, but on the road, it will add up and make a world of a difference in savings! Thus, we\u2019ve done all the tedious leg work to save you some time and hopefully help you out when you shop for Chanel bags in Europe.<\/p>\n\n\n\n

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\ud83d\udc5b The Bag In Question: The Chanel Classic Handbag<\/strong><\/h2>\n\n\n\n
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Currently, the Chanel Classic Handbag is going at \u20ac7,800 in Europe. We’ll be using this as the basis for comparison.<\/p>\n\n\n\n

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Image credits: Chanel<\/em><\/p>\n\n\n\n

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\ud83d\udc5b Best Cards When Shopping For Chanel Bags<\/strong>: At A Glance <\/strong><\/h2>\n\n\n\n
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The cards we’ll be comparing are popular options when it comes to overseas shopping. They are UOB Mighty FX, Standard Chartered Rewards+ Card, American Express True Cashback Card, OCBC 90\u00b0N Card and the YouTrip Multi-currency Card. Read on to find out the pros, and cons, and how much a Chanel bag would cost with each of these cards. <\/p>\n\n\n\n

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<\/td>YouTrip<\/strong> <\/td>UOB Mighty FX<\/strong><\/td>Standard Chartered Rewards+ Card <\/strong><\/td>American Express True Cashback Card<\/strong><\/td>OCBC 90<\/strong>\u00b0N Card<\/strong><\/td><\/tr>
Annual Fees<\/strong><\/td>–<\/td>S$18

\ud83d\udc49\ud83c\udffb Waived for the first three years<\/td>		S$192.60

\ud83d\udc49\ud83c\udffb Waived for the first two years <\/td>		S$171.20

\ud83d\udc49\ud83c\udffb Waived for the first year<\/td>		S$192.60

\ud83d\udc49\ud83c\udffb Waived for the first year<\/td><\/tr>
Foreign Currency Transaction Fee<\/strong><\/td>–<\/td>2.8%

\ud83d\udc49\ud83c\udffb Can be waived if the FX debit feature is switched on<\/td>		3.5%<\/td>2.95%<\/td>3.25%<\/td><\/tr>
Cashback Rate on Foreign Currency Spend<\/strong><\/td>–<\/td>–<\/td>3.13%<\/td>2.5%<\/td>2.1%<\/td><\/tr>
No. of Currencies Supported<\/strong><\/td>Over 150<\/td>Up to 10
<\/td>		–<\/td>–<\/td>–<\/td><\/tr>
Minimum Income Requirements (Singaporean\/PR)<\/strong><\/td>–<\/td>–<\/td>S$30,000<\/td>S$30,000<\/td>S$30,000<\/td><\/tr>
Total Cost of Chanel Classic Handbag<\/strong> (\u20ac7,800)<\/strong><\/td>~S$11,932<\/strong><\/td>~S$12,246<\/strong><\/td>~S$12,402 <\/strong><\/td>~S$12,338 <\/strong><\/td>~S$12,338<\/strong><\/span><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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1. YouTrip<\/strong><\/h2>\n\n\n\n
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Pros:<\/strong> The YouTrip card supports more than 150 currencies which is a lot more than most other multi-currency cards in the market. It also allows you to store up to 10 different currencies so you can lock down a good rate when you see one, which can come in handy if you are travelling to multiple countries. Based on the rates that you lockdown, you might even be able to score on savings if you\u2019re looking to buy items like Chanel. <\/p>\n\n\n\n

Cons:<\/strong> Unlike traditional credit cards, using multi-currency cards means losing out on cashback and mile rewards that can add up to quite a lot especially if you\u2019re buying big-ticket items or if you travel frequently.<\/p>\n\n\n\n

Estimated price<\/strong> of <\/strong>Chanel Classic Handbag:<\/strong> ~S$11,932<\/p>\n\n\n\n

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2. UOB Mighty FX Multi-Currency Card <\/strong><\/h2>\n\n\n\n
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Pros<\/strong>: The MightyFX app allows you to make transactions and convert currencies with ease. You can choose to convert currencies immediately, or to set your preferred exchange rate and be notified when it\u2019s met – yay for more savings! <\/p>\n\n\n\n

Cons:<\/strong> The exchange rate on the app is set by UOB, which is typically weaker than the interbank mid-market rate. This means that there still may be some hidden costs within your transaction. There\u2019s also a daily spending limit of S$1,000 which may not be ideal when it comes to buying branded goods.<\/p>\n\n\n\n

Estimated price<\/strong> of <\/strong>Chanel Classic Handbag:<\/strong><\/strong> ~S$12,246<\/p>\n\n\n\n

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3. American Express True Cashback Card<\/strong><\/h2>\n\n\n\n
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Pros:<\/strong> Off the list of different credit cards, the American Express True Cashback Card has one of the most competitive foreign currency transaction fees. You also get a bonus of 3% cashback on the first S$5,000 spent within the first 6 months, which may be a good idea if you are planning to make a large purchase soon. <\/p>\n\n\n\n

Cons:<\/strong> Of course, just like most credit cards, there are additional transaction and annual fees that can add up to quite a lot. Unless you\u2019re certain that you will make use of the card often, these additional fees may outweigh the cashback and other rewards that you get.<\/p>\n\n\n\n

Estimated price<\/strong> of <\/strong>Chanel Classic Handbag:<\/strong> ~S$12,338 <\/p>\n\n\n\n

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4. Standard Chartered Rewards+ Credit Card<\/strong><\/h2>\n\n\n\n
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Pros:<\/strong> The Standard Chartered Rewards+ card has one of the higher cashback rates, which means higher savings for future purchases. This card is good if you are looking to purchase big-ticket items quite frequently <\/p>\n\n\n\n

Cons:<\/strong> This card also has one of the higher foreign currency transaction fees as compared to the others. It\u2019s important to make sure that you check to make sure that the transaction fees don\u2019t diminish what you make from cash back savings!<\/p>\n\n\n\n

Estimated price<\/strong> of <\/strong>Chanel Classic Handbag:<\/strong><\/strong> ~S$12,402 <\/p>\n\n\n\n

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5. OCBC 90\u00b0N Card<\/strong><\/h2>\n\n\n\n
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Pros: <\/strong>If you\u2019re a frequent traveller, the OCBC 90\u00b0<\/strong>N card reaps great rewards for you! Earn 2.1 miles per dollar, or convert these miles to 1.2% cashback on overseas transactions. There is no expiry on these miles which is important especially during these unprecedented times. You can also enjoy different Mastercard Airport Experiences like access to airport lounges worldwide. <\/p>\n\n\n\n

Cons:<\/strong> The cashback rate on the card is not as competitive as the other cards, so it\u2019s a better option only if you will make use of the miles that you accumulate. <\/p>\n\n\n\n

Estimated price<\/strong> of <\/strong>Chanel Classic Handbag:<\/strong><\/strong> ~S$12,338<\/p>\n\n\n\n

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Maximum Savings On Chanel Bags? Yes please!<\/em><\/strong><\/h2>\n\n\n\n
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And there you go, your very own cheatsheet to shopping for Chanel bags for less in Europe! While traditional credit cards earn you more rewards and cashback, multi-currency cards help you skip out on additional bank fees and allow you to hold more currency for a seamless travel experience. <\/p>\n\n\n\n

Of course, even if you aren\u2019t that crazy about luxury brands and goods, employing your YouTrip<\/strong><\/a> card on your travels or online lets you maximise your savings.<\/p>\n\n\n\n

If you haven’t gotten you free YouTrip card yet, sign up now and be sure to check out our YouTrip Perks<\/a> page for exclusive offers and promotions too! For more great tips and articles like this, join our Telegram(@YouTripSG)<\/a> and subscribe to our free weekly newsletter here<\/a> or down below! <\/p>\n\n\n\n

And while you\u2019re at it, why not join the conversation with thousands of #YouTroopers in our very own Community Telegram Group @YouTripSquad<\/a>? Get tips and tricks to everything YouTrip including exclusive invites to exciting events and experiences, & be part of the #YouTripSquad! \ud83d\udc9c<\/p>\n\n\n\n

Stay safe, and happy travels!<\/p>\n\n\n\n

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Related Articles:<\/strong><\/p>\n\n\n\n

How To Save on Luxury Bags in Europe: Stores, Costs & More<\/a><\/strong><\/p>\n\n\n\n

Best Multi-Currency Cards In Singapore: A Full Comparison Guide<\/strong><\/a><\/p>\n\n\n\n

Overseas Spending: Cash, Credit Card, Crypto.com Visa Card or YouTrip Multi-Currency Card?<\/a><\/strong><\/p>\n\n\n\n

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*All currency conversion rates are accurate to the nearest 10 cents on 28 January 2022 SGT 12:30. Bank card prices are calculated based on 3.25% foreign currency transaction fee<\/em>.<\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"

Fashion changes, but style endures.<\/p>\n","protected":false},"author":61,"featured_media":36091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[623,624],"tags":[26126],"class_list":["post-36090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","category-travel","tag-fashion-beauty"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/posts\/36090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/comments?post=36090"}],"version-history":[{"count":0,"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/posts\/36090\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/media\/36091"}],"wp:attachment":[{"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/media?parent=36090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/categories?post=36090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.you.co\/sg\/wp-json\/wp\/v2\/tags?post=36090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}