If you are a POSB Everyday Cardholder, you have a powerful tool in your hands to save money on your daily expenses. With up to 10% cash rebates on categories like dining, groceries, utilities, and online shopping, this card can help you stretch your budget further. In this article, we will show you how to make the most of your POSB Everyday Card rebate and take advantage of the various perks and benefits that come with it.
To get started, you need to understand how the rebate mechanics work and how you can maximise your cashback on your daily expenses. We will also cover how to pay your bills and recurring charges using your card, as well as how to take advantage of the lifestyle and leisure perks that come with it. Additionally, we will show you how to leverage additional POSB/DBS offers to save even more money, and how to manage your card effectively to avoid any potential downsides. With these tips and tricks, you can become a savvy user of your POSB Everyday Card and get the most out of your cash rebates.
Key Takeaways
- Understand the rebate mechanics and maximise your cashback on daily expenses
- Pay your bills and recurring charges using your card to earn even more rebates
- Take advantage of lifestyle and leisure perks and leverage additional POSB/DBS offers to save more money
POSB Everyday Card Rebate: Getting Started
Congratulations on your new POSB Everyday Card! With this card, you can enjoy up to 10% cash rebates on your daily essentials. Here’s what you need to know to get started.
Understanding the POSB Everyday Card
The POSB Everyday Card is a credit card that offers cash rebates on your daily purchases. You can earn up to 10% cash rebates on your daily essentials, such as dining, online shopping, and groceries. You can also earn up to 5% cash rebates on your utility bills and telco bills.
The card comes with a range of features and benefits, including a contactless payment function, a rewards programme, and a low interest rate. As a Singaporean or foreigner, you can apply for the card online or at any DBS/POSB branch.
Applying for the Card
To apply for the POSB Everyday Card, you can visit the DBS website or any DBS/POSB branch. You will need to provide your personal and financial information, such as your NRIC or passport, income documents, and employment details. You can also apply for the card if you are a foreigner, as long as you have a valid employment pass.
Once you have submitted your application, it will be processed within a few working days. You will be notified of the outcome of your application via email or SMS.
Activating Your Card
Once you have received your POSB Everyday Card, you will need to activate it before you can start using it. You can activate your card online or via SMS. To activate your card online, you will need to log in to your DBS/POSB iBanking account and follow the instructions. To activate your card via SMS, you will need to send an SMS to the number provided on the card.
Once your card is activated, you can start using it to earn cash rebates on your daily purchases. Don’t forget to check out the POSB website for the latest promotions and offers, and start enjoying the benefits of your new POSB Everyday Card today!
POSB Everyday Card Rebate: Maximising Rebates on Daily Expenses
Are you looking for a credit card that can help you save money on your daily expenses? Look no further than the POSB Everyday Card! With up to 10% cash rebates on categories like dining, groceries, utilities, and online shopping, this card can help you save big on your everyday essentials.
Earning Cash Rebates on Utilities
Setting up recurring payments for your utilities and phone bills on your POSB Everyday Card can earn you up to 3% cash rebates. This means that you can save on your electricity expenses and stay connected with your loved ones while being worry-free.
Groceries and Shopping Rewards
When it comes to groceries, the POSB Everyday Card has you covered. You can earn up to 7% cash rebates at Sheng Siong and 3% cash rebates at Watsons. Additionally, you can get 5% cash rebates on online shopping at popular platforms like Shopee, Redmart, Taobao, and Amazon.sg, Lazada, and Qoo10.
Dining and Food Delivery Deals
If you love dining out or ordering food delivery, the POSB Everyday Card can help you save money. You can earn up to 10% cash rebates on dining and 5% cash rebates on food delivery with popular platforms like Foodpanda and Deliveroo.
Fuel Savings with SPC and Other Partners
If you drive, you can earn up to 20.1% savings at SPC with the POSB Everyday Card. Additionally, you can get up to 6% cash rebates on fuel at other participating partners.
With the POSB Everyday Card, saving money on your daily expenses has never been easier. So why wait? Apply for your card today and start maximising your cash rebates!
POSB Everyday Card Rebate: Understanding the Mechanics
If you’re a POSB Everyday Card holder, you’re in for a treat! This card offers a range of cashback benefits that you can take advantage of to save money on your daily expenses. Here’s a breakdown of how the rebate mechanics work.
Rebate Categories and Rates
The POSB Everyday Card offers cashback on a range of categories, including dining, groceries, utilities, and online shopping. The cashback rates vary depending on the category, with some categories offering up to 10% cashback. For example, you can earn 10% cashback on your online food delivery with Foodpanda and Deliveroo, and 3% cashback on all other dining spend.
You can also enjoy up to 8% cashback on SP Group utilities and 3% cashback on your phone bills from Singtel, M1, and more when you simply hit $800 per month. Check out the Terms and Conditions for a full breakdown of the categories and rates.
Calculating Your Cashback
Calculating your cashback is easy. Simply spend on your POSB Everyday Card, and the cashback will be automatically credited to your account. There’s no need to worry about minimum spending requirements.
No Minimum Spend Benefits
One of the best things about the POSB Everyday Card is that there’s no minimum spend requirement to enjoy the cashback benefits. This means that you can earn cashback on all your purchases, no matter how small.
Monthly Rebate Caps
While there’s no minimum spend requirement, there is a monthly rebate cap of $30. This means that you can earn up to $30 in cashback per month. However, if you’re a big spender, don’t worry. There’s no limit to the amount of cashback you can earn, so you can still enjoy the benefits of the card even if you exceed the monthly rebate cap.
That’s all there is to it! With the POSB Everyday Card, you can enjoy cashback on your daily expenses without any hassle. So why not take advantage of this great card and start saving money today?
POSB Everyday Card Rebate: Bill Payments and Recurring Charges
Are you tired of the hassle of managing multiple bills and payments every month? With your POSB Everyday Card, you can easily consolidate your bills and enjoy cash rebates on your recurring charges.
Managing Utility Bills
Gone are the days of worrying about missing your utility bill payments. With your POSB Everyday Card, you can set up recurring payments for your electricity, water, and gas bills. Simply log in to your digibank account and add your billing organisation to your recurring bill payment list. You can earn up to 3% cash rebates on your utility bills with no minimum spend required [1].
Telecommunications and Online Subscriptions
Do you have multiple phone bills and online subscriptions to keep track of? With your POSB Everyday Card, you can easily manage your telecommunications and online subscriptions by consolidating them into one payment. You can earn up to 3% cash rebates on your phone bills and online subscriptions when you achieve a qualified spend of S$800 in a calendar month [2].
Recurring Bill Payment Rewards
In addition to the convenience of consolidating your bills and payments, you can also enjoy rewards for using your POSB Everyday Card for your recurring bill payments. You can earn up to a maximum of Daily$3 per calendar month with no minimum spend on your recurring bill payments [1].
Consolidating your bills and payments with your POSB Everyday Card is not only convenient but also rewarding. Start enjoying the benefits of recurring bill payments today!
POSB Everyday Card Rebate: Lifestyle and Leisure Perks
If you are looking for ways to save on your lifestyle and leisure expenses, the POSB Everyday Card has got you covered. With the card’s cash rebate programme, you can enjoy discounts on travel, attractions, pet care and supplies, and many more.
Travel and Attractions Discounts
The POSB Everyday Card offers exclusive discounts on travel and attractions. You can enjoy up to 20% off admission tickets to popular attractions such as the Singapore Zoo, Jurong Bird Park, Night Safari, and Mandai Wildlife Reserve. You can also get discounts on Disney on Ice tickets, hotel bookings, and car rentals.
Pet Care and Supplies
Pet lovers can also benefit from the POSB Everyday Card’s cash rebate programme. You can enjoy up to 10% cash rebates when you shop at Pet Lovers Centre for your pet’s food, supplies, and grooming services.
To make the most of these perks, be sure to check the POSB website regularly for the latest promotions and discounts. You can also sign up for the POSB newsletter to receive updates on new offers and exclusive deals. With the POSB Everyday Card, you can enjoy exciting lifestyle and leisure perks while saving money at the same time.
So, next time you plan a day out or a trip, don’t forget to bring your POSB Everyday Card along with you. You never know what exciting discounts and offers you might be able to enjoy.
POSB Everyday Card Rebate: Online and Overseas Spending
If you’re an avid online shopper or frequently travel overseas, the POSB Everyday Card can help you maximise your savings. With up to 10% cash rebates on online shopping and e-commerce, you can shop to your heart’s content and enjoy generous discounts at the same time.
Online Shopping Benefits
The POSB Everyday Card offers cash rebates on popular online stores such as Lazada, Qoo10, and Shopee. You can also enjoy discounts on dining, groceries, utilities, and more. To redeem your cash rebates, log in to your DBS PayLah! Account, select “Rewards” from the menu bar, and offset your spending with your DBS points or Daily$ rebates.
To make the most of your online shopping experience, be sure to keep an eye out for promo codes and exclusive offers. You can also use your POSB Everyday Card to enjoy additional discounts and freebies when you shop at participating merchants.
Foreign Currency Spend Rewards
If you frequently travel overseas, the POSB Everyday Card can also help you save on foreign currency spend. With 5% cashback on your overseas spending, you can enjoy generous discounts on your travel expenses. To qualify for this promotion, simply meet the minimum spend requirement, and your cashback will be awarded to your POSB Everyday Card account in the form of Daily$ rebates.
Keep in mind that transactions made overseas or through overseas-based online merchants are subject to foreign transaction fees of up to 3.25%. However, with the POSB Everyday Card, you can enjoy waived transaction fees on your foreign currency spend, allowing you to save even more on your travel expenses.
In summary, the POSB Everyday Card is an excellent choice for anyone who loves to shop online or travel overseas. With generous cash rebates and waived transaction fees, you can enjoy significant savings on your everyday essentials and travel expenses.
POSB Everyday Card Rebate: Leveraging Additional POSB/DBS Offers
If you are looking to maximize your savings with the POSB Everyday Card, there are additional offers and promotions that you can leverage. In this section, we will discuss two such offers that you can take advantage of.
Promotional Campaigns and Sign-Up Bonuses
DBS Bank regularly runs promotional campaigns for its credit cardholders, and the POSB Everyday Card is no exception. Keep an eye out for such campaigns and take advantage of them to maximize your savings. For example, DBS Bank recently ran a campaign where new POSB Everyday Cardholders were eligible for a $150 cashback when they spent at least $800 within the first two months of card approval. Be sure to check the DBS Bank website or your email for such promotions.
Linking with DBS Multiplier Account
If you have a DBS Multiplier Account, you can link it with your POSB Everyday Card to earn even more savings. The DBS Multiplier Account is a savings account that rewards you for your savings and spending. By linking your POSB Everyday Card with your DBS Multiplier Account, you can earn bonus interest rates on your savings and cashback on your spending.
To qualify for the bonus interest rates, you need to credit your salary to your DBS Multiplier Account and fulfill at least one other category, such as credit card spending. By linking your POSB Everyday Card with your DBS Multiplier Account, you can fulfill the credit card spending category and earn bonus interest rates on your savings. The bonus interest rates range from 0.3% to 3.8% per annum, depending on the amount you save and spend.
To link your POSB Everyday Card with your DBS Multiplier Account, simply log in to your DBS iBanking account and follow the instructions. You will need to fulfill a minimum spend of S$800 per month on your POSB Everyday Card to qualify for the cashback on your spending.
By leveraging these additional offers, you can maximize your savings with the POSB Everyday Card and enjoy even more benefits.
POSB Everyday Card Rebate: Managing Your Card Effectively
Congratulations on getting your POSB Everyday Card! With up to 10% cash rebates on categories like dining, groceries, utilities, and online shopping, you have made a wise financial decision. To help you make the most of your card, we have put together some tips on how to manage it effectively.
Tracking and Redeeming Rebates
It is essential to keep track of your rebates to ensure that you are maximising your savings. You can easily track your rebates using the DBS Lifestyle App or through internet banking. Once you have accumulated enough rebates, you can redeem them for vouchers, cash credits, or offset your annual fee.
Annual Fee Considerations
The annual fee for the POSB Everyday Card is $128.40. However, you can enjoy an annual fee waiver if you spend a minimum of $6,000 per year. This means that you will need to spend an average of $500 per month to enjoy the waiver. If you are unable to meet the minimum spend requirement, you may want to consider other cards with lower annual fees.
Staying Informed on Terms and Conditions
It is essential to stay informed on the terms and conditions of your card to avoid any unnecessary fees or charges. For example, if you do not redeem your Daily$ within 6 months, they will expire. Additionally, if you fail to make your minimum payment on time, you will be charged a late payment fee of $100. To avoid any surprises, make sure you read and understand the terms and conditions of your card.
Remember, the value of your rebates may decrease over time due to inflation. Therefore, it is crucial to redeem your rebates as soon as possible to maximise your savings. By following these tips, you can manage your POSB Everyday Card effectively and enjoy the benefits of the cash rebates.
POSB Everyday Card Rebate: Tips and Tricks for Savvy Users
Are you a POSB Everyday Card user looking to maximise your savings and rewards? Here are some tips and tricks to help you make the most of your card:
Strategic Spending to Maximise Benefits
To maximise your savings, it’s essential to plan your spending strategically. Take advantage of the 10% cash rebates on categories like dining, groceries, utilities, and online shopping. Make sure to spend at least S$800 per calendar month to qualify for the rebates. You can also earn up to a maximum of POSB Daily$30 per calendar month (cap at Daily$15 per category).
To make the most of your rebates, consider making bulk purchases for groceries and household essentials. You can also opt for 1-for-1 deals at partner merchants to get more value for your money.
Utilising DBS PayLah! for Additional Rewards
Did you know that you can earn additional rewards by using DBS PayLah!? Simply link your POSB Everyday Card to your PayLah! Account and make payments using the app. You can earn up to 5% cashback on your PayLah! Transactions, on top of the rebates you have already earned with your card.
Savvy Use of Promotions and Discounts
Keep an eye out for promotions and discounts offered by partner merchants. You can enjoy additional savings and rewards by using your POSB Everyday Card to make purchases during these promotions.
Make sure also to sign up for MyInfo to enjoy a seamless application process for promotions and discounts. You can easily verify your personal details and submit your application in just a few clicks.
In conclusion, by following these tips and tricks, you can make the most of your POSB Everyday Card and enjoy significant savings and rewards. Remember to plan your spending strategically, utilise DBS PayLah! for additional bonuses, and take advantage of promotions and discounts offered by partner merchants.
POSB Everyday Card Rebate: Potential Downsides and How to Mitigate Them
Understanding the Cons
While the POSB Everyday Card offers a lot of benefits, it is crucial to understand the potential downsides before signing up. One of the biggest cons is the minimum spend requirement to qualify for the cashback. If you do not meet the minimum spend, you will not receive any cashback for that month. However, this can be mitigated by planning your spending in advance and using the card for all your daily expenses, including groceries, dining, shopping, and travel.
Another potential downside is the cashback cap. The maximum cashback you can earn is $100 per month, which may be limiting for some users. However, this can be mitigated by using the card for specific categories that offer higher cashback rates, such as groceries and petrol.
Avoiding Common Pitfalls
To avoid common pitfalls associated with the POSB Everyday Card, it is essential to understand the fees and charges that come with the card. For example, there is an annual fee of $128.40, which can be waived if you spend at least $10,000 per year. Additionally, there are fees for late payments, cash advances, and foreign currency transactions.
To mitigate these fees and charges, it is essential to pay your bills on time and avoid cash advances and foreign currency transactions whenever possible. You can also consider signing up for Speedycare, which offers 24/7 roadside assistance, medical assistance, and other services to help you manage your finances and stay on top of your spending.
Overall, the POSB Everyday Card is an excellent option for anyone looking to earn cashback on their daily expenses. By understanding the potential downsides and taking steps to mitigate them, you can make the most of this card and enjoy all the benefits it has to offer.
POSB Everyday Card Rebate: Conclusion
Congratulations, you now know how to make the most of your POSB Everyday Card rebates! By using your card for your daily expenses such as groceries, dining, and utilities, you can earn up to 10% cash rebates. This means you can save money while spending on things you need.
Remember to keep an eye out for promotions and discounts that can help you maximize your savings. Applying for your first POSB Everyday Card by 31 January 2024 can get you S$150 cashback! 1
Don’t forget to check your rebate balance and expiry date regularly. You can do this by logging into your POSB account or through the DBS Lifestyle App.
In addition to the rebates, your POSB Everyday Card also comes with other benefits such as discounts and promotions at various merchants. Be sure to check out the latest offers to see how you can save even more.
Overall, using your POSB Everyday Card to earn rebates is a great way to save money on your daily expenses. It’s easy to use and can help you get more out of your spending. So start using your card today and enjoy the savings!
Footnotes
Frequently Asked Questions
How can I redeem the rebates earned on the POSB Everyday Card?
Redeeming your rebates with the POSB Everyday Card is a breeze. You can do it in three easy steps. First, log in to your internet banking account. Second, select the “Cards” tab and click on the “Redeem Rebates” option. Finally, choose the amount of rebate you want to redeem and click on “Submit”. The redeemed amount will be credited to your account within 7 working days.
What exciting promotions are currently available with my POSB Everyday Card?
POSB Everyday Card has a range of exciting promotions that you can take advantage of. For example, you can enjoy up to 10% cash rebates on your daily essentials such as dining, groceries, utilities, and online shopping. Additionally, you can earn 8% cash rebates on your SP Group utilities and 3% cash rebate on your phone bills from Singtel, M1 and more when you simply hit $800 per month. Keep an eye out for new promotions on the POSB Everyday Card website.
Is there a simple way to check my POSB Everyday Card rebate balance?
Yes, you can check your POSB Everyday Card rebate balance easily. Simply log in to your internet banking account and select the “Cards” tab. Then, click on the “View Rebates” option to see your current rebate balance. Alternatively, you can check your rebate balance via the DBS Lifestyle App.
What steps should I follow to waive the annual fee for my POSB Everyday Card?
To waive the annual fee for your POSB Everyday Card, you need to make a minimum spend of $6,000 in a year. The annual fee waiver will be automatically applied to your account upon meeting the minimum spend requirement. If you do not meet the minimum spend requirement, you will be charged an annual fee of $128.40.
Can you tell me about the cashback benefits when using the POSB Everyday Card abroad?
Yes, the POSB Everyday Card offers cashback benefits when you use it abroad. You can enjoy up to 3% cashback on all your overseas spend. However, do note that a foreign currency transaction fee of 2.8% will be charged for all overseas spending.
What are the latest reviews saying about the benefits of the POSB Everyday Card?
The latest reviews of the POSB Everyday Card are overwhelmingly positive. Cardholders are particularly impressed with the generous cash rebates on their daily essentials, ease of use and the range of promotions available.
Many are also happy with the annual fee waiver and cashback benefits when using the card abroad. Overall, the POSB Everyday Card is an excellent choice for anyone looking to save money on their daily expenses.
