Are you looking for a credit card that rewards you for your daily spending? Look no further than the POSB Everyday Card. This card offers up to 10% cash rebates on daily essentials, with no expiry date on the cash rebates earned. With its all-rounded cash rebates credit card, no minimum spend, annual fee waiver, EZ-Link and ATM card functions, and flat cash rebate rates with Sheng Siong, Watsons, SPC and selected Utilities and telecommunications merchants, the POSB Everyday Card is an excellent choice for those looking to save money on their everyday purchases.
Understanding the benefits of the POSB Everyday Card is key to maximising your cashback. By setting up recurring payments for your utilities and phone bills, you can enjoy up to 3% cash rebates. Additionally, the card offers 5% and 8% cashback on purchases at Sheng Siong and Redmart, respectively. By using the card to pay for your daily essentials, you can earn cash rebates that never expire, making it an ideal choice for those looking to save money in the long term.
Key Takeaways
- The POSB Everyday Card offers up to 10% cash rebates on daily essentials, with no expiry date on the cash rebates earned.
- By setting up recurring payments for your utilities and phone bills, you can enjoy up to 3% cash rebates.
- The card offers 5% and 8% cashback on purchases at Sheng Siong and Redmart, respectively.
Why Choose POSB Everyday Card?
Are you looking for a credit card that offers cash rebates on your daily essentials? Look no further than the POSB Everyday Card! This card is perfect for those who want to save money while still enjoying their favourite activities. Here are some of the reasons why you should choose the POSB Everyday Card:
Cash Rebates on Daily Essentials
With the POSB Everyday Card, you can earn up to 10% cash rebates on your daily essentials, including groceries, utilities, and online shopping. This means that you can save money on the things you need most, without having to sacrifice quality or convenience.
Dining and Online Food Delivery Perks
If you love dining out or ordering food online, the POSB Everyday Card has got you covered. You can enjoy up to 15% cash rebates on dining and online food delivery, so you can indulge in your favourite meals without breaking the bank.
Fuel Savings and Transport Benefits
Are you tired of paying high prices for fuel and transport? The POSB Everyday Card can help you save money on these expenses too. You can enjoy up to 20.1% fuel savings at SPC and 5% cash rebates on your ComfortDelGro taxi rides.
Shopping Rewards and Promotions
If you love shopping, the POSB Everyday Card has plenty of rewards and promotions to offer. You can earn up to 5% cash rebates on your purchases at Sheng Siong and Watsons, and enjoy exclusive discounts and deals at selected merchants.
In conclusion, the POSB Everyday Card is a great choice for anyone who wants to save money on their daily essentials, dining, fuel, transport, shopping, and more. With its generous cash rebates and exciting perks, this card is sure to make your life more enjoyable and affordable.
POSB Everyday Card Rebate: Understanding the Card’s Benefits
The POSB Everyday Card is designed to help you save money on your daily essentials. Here are some of the key benefits of the card:
Groceries and Supermarket Deals
With the POSB Everyday Card, you can enjoy up to 7% cash rebates on your grocery essentials at Sheng Siong. This means you can save money on your weekly grocery shopping and get more value for your money.
Utilities and Recurring Bills
Setting up recurring payments for your utility bills on your POSB Everyday Card can earn you up to 3% cash rebates. This means you can save on your electricity expenses and stay connected with your loved ones while being worry-free!
Entertainment and Leisure Offers
The POSB Everyday Card offers cashback on dining, entertainment, and leisure activities. You can enjoy up to 10% cash rebates on online food delivery and other dining expenses. You can also get up to 8% cash rebates on shopping, including online purchases, and 5% cash rebates on public transport expenses.
Online Shopping Advantages
The POSB Everyday Card offers cashback on online shopping at popular e-commerce sites like RedMart, Amazon.sg, Shopee, Lazada, Qoo10, and Taobao. With up to 8% cash rebates on online purchases, you can save money on your shopping expenses and enjoy greater value for your money.
In summary, the POSB Everyday Card offers a range of benefits that can help you save money on your daily expenses. From groceries and utilities to entertainment and online shopping, the card offers cashback on a variety of expenses. So if you’re looking to save money and get more value for your money, the POSB Everyday Card is definitely worth considering.
POSB Everyday Card Rebate: Maximising Your Cashback
If you’re looking to get the most out of your POSB Everyday Card, there are a few strategies you can use to maximise your cashback rewards. Here are some tips to help you get started:
Strategic Spending for Maximum Rebates
To get the most cashback possible, it’s important to think carefully about where you’re spending your money. The POSB Everyday Card offers up to 10% cash rebates on a range of daily essentials, including food delivery, online shopping, and telco bills. You can also earn flat cash rebates on groceries at Sheng Siong, Watsons, SPC, and selected utilities and telecommunications merchants.
To maximise your cashback, consider using your POSB Everyday Card for all of your daily essentials. This could include ordering food delivery, shopping online, and paying your telco bills. You should also try to do your grocery shopping at Sheng Siong, Watsons, or SPC, as you’ll earn higher cash rebates at these merchants.
Leveraging Promotions and Discounts
In addition to the cash rebates offered by the POSB Everyday Card, you can also take advantage of promotions and discounts to save even more money. Keep an eye out for special deals and offers from participating merchants, as well as exclusive promotions for POSB Everyday Cardholders.
For example, you might be able to get additional cashback or discounts when you shop at certain merchants, or when you spend a certain amount of money in a single transaction. You can also look for promotions that offer bonus cashback on specific categories, such as dining or travel.
Exclusive Offers with Partner Merchants
Finally, don’t forget to take advantage of the exclusive offers available to POSB Everyday Cardholders. These offers can help you save money on a range of products and services, from dining and entertainment to travel and shopping.
To find out about the latest offers, check the POSB website or mobile app regularly. You can also sign up for email alerts to stay up-to-date on the latest promotions and discounts.
By following these tips and strategies, you can maximise your cashback rewards and get the most out of your POSB Everyday Card. So start using your card today and enjoy the benefits of cash rebates, promotions, and exclusive offers!
POSB Everyday Card Rebate: Applying for the POSB Everyday Card
If you are looking for a credit card that offers cash rebates on daily essentials, the POSB Everyday Card might be the perfect fit for you. In this section, we will guide you through the application process for the POSB Everyday Card.
Eligibility and Required Documents
Before applying for the POSB Everyday Card, you need to make sure that you meet the eligibility criteria. To be eligible for the POSB Everyday Card, you must be a Singapore citizen or permanent resident, or a foreigner with a valid employment pass or work permit. You must also be at least 21 years old and have a minimum annual income of S$30,000.
To apply for the POSB Everyday Card, you will need to provide the following documents:
- A copy of your NRIC (front and back) or passport (for foreigners)
- Your latest computerised payslip or Tax Notice of Assessment
- For self-employed individuals, your latest Income Tax Notice of Assessment
Application Process Simplified
The application process for the POSB Everyday Card is straightforward and can be completed online. Here are the steps to follow:
- Visit the POSB Everyday Card website and click on the “Apply Now” button.
- Log in to your iBanking account or SingPass account to pre-fill the application form with your personal information.
- Verify your personal information through MyInfo, which will automatically fill in your personal details, such as your name, NRIC number, and contact information.
- Fill in the remaining details in the application form, including your employment status, income, and preferred credit limit.
- Submit your application and wait for the bank’s approval.
Once your application is approved, you will receive your POSB Everyday Card within 7 working days. You can activate your card by following the instructions provided with your card.
In conclusion, the POSB Everyday Card is an excellent choice for those who want to earn cash rebates on their daily essentials. The application process is simple and can be completed online, making it convenient for you. Make sure to check the eligibility criteria and required documents before applying for the card.
POSB Everyday Card Rebate: Terms and Financial Considerations
When choosing a credit card, it’s important to understand the fees and charges associated with it. The POSB Everyday Card is no exception. In this section, we’ll cover the fees and charges you need to be aware of when using this card.
Understanding Fees and Charges
The POSB Everyday Card comes with a variety of fees and charges that you should be aware of. Some of these include:
- Annual fee
- Late payment fee
- Overlimit fee
- Cash advance fee
- Foreign currency transaction fee
Annual Fee and Waivers
The POSB Everyday Card has an annual fee of S$128.40. However, this fee can be waived if you meet certain criteria. For example, if you spend at least S$6,000 per year on your card, the annual fee will be waived for the following year.
Interest Rates and Cash Advance Implications
The POSB Everyday Card has an interest-free period of 25 days from the date of your statement. If you don’t pay your balance in full by the due date, you’ll be charged interest at a rate of 26.80% per annum. This interest rate is compounded daily, so it’s important to pay your balance in full as soon as possible.
If you need to take out a cash advance, you’ll be charged a fee of 6% of the amount withdrawn or S$15, whichever is higher. Additionally, interest will be charged on the cash advance from the date of withdrawal until the balance is paid in full.
Overall, the POSB Everyday Card is a great option for those looking to earn cash rebates on their daily essentials. However, it’s important to understand the fees and charges associated with the card to avoid any surprises.
POSB Everyday Card Rebate: Managing Your Card Efficiently
Congratulations on getting your POSB Everyday Card! Now that you have it, it’s time to start using it and earning those cash rebates. To get the most out of your card, you need to manage it efficiently. Here are some tips to help you do just that:
Tracking and Redeeming Your Rewards
One of the best things about the POSB Everyday Card is the rewards you can earn. To make sure you don’t miss out on any of your rewards, you should track them regularly. You can do this by logging into your POSB iBanking account or using the POSB mobile app.
When you log in, you’ll see your rewards balance and the expiry date of your rewards. You can also see a history of your redemptions and transactions. Keep an eye on your rewards balance and make sure you redeem them before they expire.
To redeem your rewards, you can use the DBS PayLah! app or website. You can also use the POSB mobile app to redeem your rewards. When you redeem your rewards, you can choose to get cashback, vouchers, or other rewards. You can even use a promo code to get extra rewards.
Using POSB iBanking and Mobile Apps
To manage your POSB Everyday Card efficiently, you should use the POSB iBanking and mobile apps. These apps allow you to check your balance, view your transactions, and track your rewards. You can also use the apps to pay your bills and transfer money.
The POSB mobile app is especially useful because it allows you to manage your card on the go. You can use the app to check your balance, view your transactions, and even redeem your rewards. You can also use the app to make payments with DBS PayLah!.
To use the POSB mobile app, you need to download it from the App Store or Google Play. Once you’ve downloaded the app, you can log in using your iBanking username and password. If you don’t have an iBanking account, you can sign up for one on the POSB website.
In conclusion, managing your POSB Everyday Card efficiently is essential if you want to get the most out of it. By tracking and redeeming your rewards and using the POSB iBanking and mobile apps, you can make sure you never miss out on any cash rebates or rewards.
POSB Everyday Card Rebate: Common Pitfalls to Avoid
Avoiding Over-Spending
One common pitfall to avoid when using the POSB Everyday Card is over-spending. It can be tempting to use the card for all your purchases to maximize the cashback rewards, but this can lead to overspending and accumulating debt. To avoid this, you should create a budget and stick to it. Only use the card for purchases that you would have made anyway, and avoid impulse buying.
Navigating Foreign Currency Fees
If you plan to use your POSB Everyday Card for overseas purchases, you should be aware of foreign currency fees. When you make a purchase in a foreign currency, your transaction will be subject to a foreign currency fee. This fee can be as high as 3.25% of the transaction amount. To avoid this fee, you can consider using a different card that offers lower foreign currency fees or no foreign currency fees at all. Alternatively, you can use cash or a prepaid travel card for your overseas purchases.
Remember that the POSB Everyday Card is subject to a minimum spend requirement to earn the cashback. Make sure you are aware of this requirement and plan your spending accordingly. By avoiding these common pitfalls, you can make the most of your POSB Everyday Card and enjoy the cashback rewards it offers.
Frequently Asked Questions
How can I redeem my rebates with the POSB Everyday Card?
You can redeem your rebates with the POSB Everyday Card by logging into your account on the DBS website or mobile app. From there, you can view your rewards balance and redeem your rebates for cashback, vouchers, or other rewards. You can also redeem your rebates instantly at selected merchants.
What are the latest promotions available for POSB Everyday Card users?
To stay up-to-date with the latest promotions available for POSB Everyday Card users, visit the DBS website or mobile app. You can also sign up for their newsletter to receive updates on new promotions and offers.
How can I check the balance of my rebates on my POSB Everyday Card?
You can check the balance of your rebates on your POSB Everyday Card by logging into your account on the DBS website or mobile app. From there, you can view your rewards balance and track your progress towards earning more rebates.
What perks do I get when using my POSB Everyday Card abroad?
When using your POSB Everyday Card abroad, you can enjoy perks such as cashback on foreign currency transactions, complimentary travel insurance, and discounts on dining and shopping at selected merchants.
Is there a required minimum spend to qualify for rebates on the POSB Everyday Card?
Yes, there is a required minimum spend to qualify for rebates on the POSB Everyday Card. The minimum spend varies depending on the category of spending, but typically ranges from $400 to $800 per month.
Could you explain what a cash rebate is and how it applies to the POSB Everyday Card?
A cash rebate is a type of reward that gives you a percentage of your spending back in the form of cashback. With the POSB Everyday Card, you can earn up to 10% cash rebates on daily essentials such as dining, groceries, utilities, and online shopping. The rebates are credited to your account and can be redeemed for cashback, vouchers, or other rewards.
