To calculate an employee’s salary in an incomplete month, you will need to know the employee’s annual salary and the number of days worked in the preliminary month. Following that, divide their yearly salary by 12 (the number of months in a year) to find their monthly salary. Then, d...
In practice, however, banks use income requirements to segment their products, and unless you have significant sources of wealth other than salary, it’s unlikely someone earning S$30,000 a year will be approved for a super premium card. Still, it’s good to know that income requirements ...