If you’re looking to maximise your savings on daily essentials, the POSB Everyday Card might be just what you need. This card offers up to 10% cash rebates on categories such as dining, groceries, utilities, and online shopping. With no minimum spend required, you can start earning cash rebates on your everyday expenses right away.
Exploring POSB Everyday Card Benefits, you’ll find that it offers much more than just cash rebates. You can enjoy exclusive deals and promotions, such as discounts on family attractions and 1-for-1 deals on movie tickets and dining. Additionally, you can earn Daily$ with every transaction, which can be used to offset your purchases at participating merchants.
Managing Your Finances with POSB Card is easy with its user-friendly mobile app, which allows you to track your spending and rewards in real-time. You can also set spending limits and receive alerts for transactions made on your card. With the app, you can stay on top of your finances and make informed decisions about your spending.
Key Takeaways
- The POSB Everyday Card offers up to 10% cash rebates on categories such as dining, groceries, utilities, and online shopping.
- You can enjoy exclusive deals and promotions, earn Daily$, and manage your finances with the user-friendly mobile app.
- To be eligible for the card, you must be a Singaporean or Permanent Resident with a minimum income of $30,000 per annum.
Exploring POSB Everyday Card Benefits
If you’re looking for a credit card that offers cash rebates on your everyday expenses, the POSB Everyday Card is a popular choice in Singapore. Here are some of the benefits you can enjoy with this card:
Cash Rebates and How They Work
One of the main benefits of the POSB Everyday Card is the cash rebates you can earn on your spending. You can earn up to 10% cash rebates on categories like dining, groceries, utilities, and online shopping. The cash rebates are automatically credited to your account each month, so you don’t have to do anything extra to earn them.
To earn the maximum cash rebates, you’ll need to spend at least $800 per month on your card. If you spend less than $800, you’ll still earn cash rebates, but at a lower rate. For example, you can earn 5% cash rebates on groceries from Sheng Siong and RedMart, and up to 3% cash rebates on recurring bills.
Dining and Online Shopping Rewards
The POSB Everyday Card offers some great rewards for dining and online shopping. You can earn up to 10% cash rebates on your dining expenses, which can include everything from fast food to fine dining. This is a great way to save money on your meals, especially if you eat out frequently.
If you’re a frequent online shopper, you can also earn up to 10% cash rebates on your online purchases. This can include everything from clothes and electronics to groceries and household items. With so many online retailers to choose from, you’re sure to find plenty of opportunities to earn cash rebates.
In conclusion, the POSB Everyday Card is a great choice if you’re looking for a credit card that offers cash rebates on your everyday expenses. With rewards for dining, online shopping, and more, you can save money on the things you already buy.
Managing Your Finances with POSB Card
If you are looking for a credit card that rewards you for your daily spending, the POSB Everyday Card is definitely worth considering. With up to 10% cash rebates on categories like dining, groceries, utilities, and online shopping, you can save money on your everyday essentials.
Bills and Utilities: Maximising Rebates
One of the great things about the POSB Everyday Card is that you can earn cash rebates on your bills and utilities. To maximise your rebates, consider setting up recurring bill payments with your POSB Everyday Card. This way, you can earn cash rebates every month without having to do anything extra.
Some of the bills and utilities that you can pay with your POSB Everyday Card include electricity, water, and gas bills. You can also earn cash rebates on your phone and internet bills, as well as your cable TV subscription.
Fuel Savings and Transport Perks
If you drive a car, you can also benefit from the POSB Everyday Card’s fuel savings and transport perks. With the POSB Everyday Card, you can enjoy up to 20.1% savings on petrol at SPC and up to 6% cash rebate on your Comfort and CityCab taxi rides.
In addition to these benefits, you can also use your POSB Everyday Card to pay for your public transport rides. This means that you can earn cash rebates on your MRT and bus rides, making your daily commute more affordable.
When you shop at Sheng Siong, you can also enjoy exclusive discounts and earn cash rebates with your POSB Everyday Card. With so many ways to save money, the POSB Everyday Card is a great choice for anyone looking to manage their finances more effectively.
Remember, by using your POSB Everyday Card for your daily spending, you can earn cash rebates and save money on your everyday essentials. So, start using your POSB Everyday Card today and enjoy the many benefits that it has to offer.
Eligibility, Fees, and Supplementary Cards
If you’re looking for a credit card that rewards you for your daily expenses, the POSB Everyday Card is an excellent choice. Here’s what you need to know about eligibility, fees, and supplementary cards.
Understanding 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. Additionally, you must meet the minimum income requirement of $30,000 per annum.
Fee Structure and Annual Fee Waiver
The POSB Everyday Card has an annual fee of $192.60 for the principal card, with a fee of $96.30 for each supplementary card. However, the good news is that the annual fee waiver means this fee may be waived for the first year you have the POSB Everyday Card.
It’s important to note that the annual fee waiver is subject to meeting the minimum spending requirement of $6,000 per annum. If you don’t meet this requirement, you’ll be charged the annual fee for the following year.
If you’re interested in getting a supplementary card for your family members, there are fees and charges applicable. You can refer to the POSB Supplementary Credit Card declaration for more information.
In summary, the POSB Everyday Card is a great way to earn cash rebates on your daily expenses. Just make sure you meet the eligibility criteria and understand the fee structure before applying.
Exclusive Deals and Promotions
As a POSB Everyday Cardholder, you get to enjoy a wide range of exclusive deals and promotions. Here are some of the best offers available to you:
Lifestyle and Entertainment Offers
If you’re looking for a fun day out, you can enjoy 1-for-1 admission tickets to Jurong Bird Park, Night Safari and Singapore Zoo. You can also get up to 50% off family attractions and other exclusive deals.
Groceries and Everyday Essentials
The POSB Everyday Card is perfect for those who want to save money on their everyday essentials. You can get up to 10% cash rebates on your daily essentials, including groceries from Sheng Siong and RedMart. You can also enjoy up to 5% fuel savings at SPC.
In addition, you can get cash rebates on your bills when you set up recurring bill payments using the POSB Everyday Card. You can enjoy up to 8% cash rebates on SP Group utilities and 3% cash rebate on your phone bills from Singtel, M1 and more when you simply hit $800 per month.
If you’re a fan of Watsons, you’ll be pleased to know that you can enjoy exclusive discounts and promotions when you pay with your POSB Everyday Card.
Overall, the POSB Everyday Card is a fantastic way to save money on your everyday essentials and enjoy exclusive deals and promotions. With so many benefits available to you, it’s definitely worth considering if you’re looking for a credit card that can help you save money.
Maximising Rewards with Daily$
If you’re a POSB Everyday Cardholder, you’re in luck! The card comes with a rewards program that allows you to earn Daily$ on your purchases. Here’s how you can maximise your rewards:
Earning and Redeeming Daily$
For each dollar spent on your POSB Everyday Card, you will earn a certain number of Daily$. You can then redeem these Daily$ for cash rebates or vouchers. The number of Daily$ you earn depends on the type of transaction. Here’s a breakdown:
| Transaction | Daily$ Earned |
|---|---|
| Dining | 3.8 |
| Groceries | 3.8 |
| Pharmacies | 3.8 |
| Petrol | 3.8 |
| Recurring bills | 1.2 |
| All other spend | 0.3 |
To redeem your Daily$, simply log in to your DBS/POSB internet banking account and select “Rewards” under the “Cards” tab. From there, you can choose to redeem your Daily$ for cash rebates or vouchers.
DBS Multiplier Account Benefits
If you have a DBS Multiplier Account, you can earn even more rewards with your POSB Everyday Card. By crediting your salary and performing transactions in certain categories, you can earn up to 3.8% p.a. interest on your account balance. Here’s how it works:
| Category | Transactions | Multiplier |
|---|---|---|
| Salary | Crediting of salary | 1x |
| Credit card spend | Minimum $500 spend | 0.3x |
| Home loan | Monthly instalment payment | 0.6x |
| Insurance | Monthly premium payment | 0.6x |
| Investments | Monthly investment or trading fee | 0.6x |
By maximising your rewards with Daily$, you can make the most out of your POSB Everyday Card and DBS Multiplier Account. Happy spending!
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 POSB/DBS internet banking account. Once you have logged in, navigate to the rewards section and select the option to redeem your rebates. You can choose to redeem your rebates as cashback or vouchers.
What are the benefits of using the POSB Everyday Card?
The POSB Everyday Card offers up to 10% cash rebates on daily essentials such as dining, groceries, utilities, and online shopping. You can also enjoy up to 3% cash rebates on recurring payments for your utility bills and phone bills. Additionally, the card offers a 0.3% rebate on all other purchases.
Can I use my POSB Everyday Card rebates to pay for utilities?
Yes, you can use your POSB Everyday Card rebates to pay for your utility bills. Simply set up recurring payments for your utility bills using your POSB Everyday Card and enjoy up to 3% cash rebates.
Is there an annual fee for the POSB Everyday Card, and how can it be waived?
The annual fee for the POSB Everyday Card is $128.40. However, the fee can be waived if you spend at least $10,000 annually on your POSB Everyday Card.
How do I check the balance of my POSB Everyday Card rebates?
You can check the balance of your POSB Everyday Card rebates by logging into your POSB/DBS internet banking account. Once you have logged in, navigate to the rewards section and select the option to check your rebate balance.
What’s the process for withdrawing cash using my POSB Everyday Card?
To withdraw cash using your POSB Everyday Card, simply visit any POSB/DBS ATM and follow the instructions on the screen. You can withdraw up to $3,000 per day, subject to your available credit limit. Please note that cash withdrawals using your POSB Everyday Card are subject to a cash advance fee of 6% of the amount withdrawn.