NTUC FairPrice Credit Card is a great option for those looking to save money on their grocery shopping in Singapore. With up to 8% rebate on groceries at FairPrice stores and up to 20.3% savings on petrol at Caltex, this credit card offers great value for money.
In addition to the savings on groceries and petrol, the NTUC FairPrice Credit Card also allows you to earn and redeem LinkPoints at over 1,000 partner outlets. This means you can earn points on your everyday spending and use them to offset future purchases at FairPrice stores or other partner outlets.
Overall, the NTUC FairPrice Credit Card is a great option for those looking to save money on their daily expenses in Singapore. With great savings on groceries, petrol, and everyday spending, this credit card is definitely worth considering.
Key Takeaways
- The NTUC FairPrice Credit Card offers up to 8% rebate on groceries at FairPrice stores and up to 20.3% savings on petrol at Caltex.
- Cardholders can earn and redeem LinkPoints at over 1,000 partner outlets.
- The NTUC FairPrice Credit Card is a great option for those looking to save money on their daily expenses in Singapore.
NTUC FairPrice Credit Card Overview
If you are looking for a credit card that offers great rewards for your grocery shopping, the NTUC FairPrice credit card is an excellent choice. In this section, we will provide an overview of the NTUC FairPrice credit card, including its benefits and the partnership between FairPrice Group and NTUC Link.
Benefits of Trust Credit Card
The Trust Credit Card is the official credit card of NTUC FairPrice, and it offers a range of benefits for cardholders. One of the main benefits of this card is the ability to earn LinkPoints, which can be used to redeem discounts and vouchers at NTUC FairPrice outlets and other participating merchants. You can earn up to 12 LinkPoints for every $1 spent at FairPrice Group stores, and up to 8 LinkPoints for every $1 spent elsewhere.
In addition to earning LinkPoints, the Trust Credit Card also offers other benefits such as:
- Up to 5% savings on your FairPrice purchases
- Exclusive promotions and discounts at FairPrice Group stores
- No annual fee for the first year
FairPrice Group and NTUC Link Partnership
NTUC FairPrice is one of the largest supermarket chains in Singapore, and it is part of the FairPrice Group. The FairPrice Group also includes other brands such as FairPrice Finest, FairPrice Xtra, and FairPrice Warehouse Club.
NTUC Link is a loyalty programme that is operated by NTUC Enterprise, and it allows members to earn and redeem LinkPoints at over 1,000 participating merchants, including FairPrice Group stores. The Trust Credit Card is linked to the NTUC Link programme, which means that cardholders can earn LinkPoints not only at FairPrice Group stores but also at other participating merchants.
The partnership between FairPrice Group and NTUC Link makes the Trust Credit Card a valuable tool for anyone who shops regularly at FairPrice Group stores or other participating merchants. With the ability to earn LinkPoints and enjoy exclusive promotions and discounts, the Trust Credit Card is a great choice for anyone who wants to save money on their grocery shopping.
Earning and Redeeming Linkpoints
If you are an NTUC FairPrice Credit Card holder, you can earn and redeem Linkpoints with every spend. Linkpoints can be used to offset your grocery bills, or exchanged for vouchers or merchandise. Here’s how you can maximise your Linkpoints and enjoy more savings.
Maximising Linkpoints with Every Spend
When you use your NTUC FairPrice Credit Card to pay for your purchases at any FairPrice physical store or online, you will earn 1 Linkpoint for every $1 spent. To earn even more Linkpoints, you can look out for special promotions or use the following tips:
- Use the Pay/Earn feature in your FairPrice Group app to go cardless and earn Linkpoints instantly.
- Use the Scan & Go feature in your FairPrice Group app for a quick shopping experience and earn Linkpoints while you shop.
- Use your NTUC Plus! Card or Plus! Visa Card to earn additional Linkpoints on top of your credit card rewards.
Link Rewards Cards and FairPrice Group App
As a Link member, you can also earn and redeem Linkpoints at over 1,000 partner outlets when you present your Link Rewards Card or use your FairPrice Group app. Some of the popular partners include Adidas, Decathlon, Zalora, Nike, Razer, and more.
To earn Linkpoints online, simply shop at the participating merchants through the LinkPoints eStore. You can also use your Link membership details on the FairPrice Group app to earn or redeem Linkpoints at FairPrice physical stores instead of using your physical card.
Redeeming your Linkpoints is easy – you can do it when you are completing your purchases in-stores, or when carting out online via the FairPrice website and/or FairPrice Group app. Simply present your physical Link card in-store at the cashier, or select the option to redeem your Linkpoints online.
By using your NTUC FairPrice Credit Card and Link Rewards Card or FairPrice Group app, you can earn and redeem Linkpoints to enjoy more savings on your grocery bills and other purchases.
Exclusive Cardholder Privileges
As an NTUC FairPrice Credit Cardholder, you get to enjoy numerous exclusive privileges that make your shopping experience more rewarding. Here are some of the benefits you can look forward to:
Annual Fee Waivers and Promotions
NTUC FairPrice Credit Cardholders enjoy an annual fee waiver for the first year and subsequent years with a minimum spend of $5000 per year. This means that you can save up to $117 per year on annual fees. Additionally, you can enjoy exclusive promotions and discounts when you use your NTUC FairPrice Credit Card to make purchases at FairPrice Group merchants, including FairPrice, FairPrice Finest, FairPrice Xtra, Finest Gourmet, Unity, and Warehouse Club.
Special Discounts for NTUC Union Members
If you are an NTUC Union member, you can enjoy even more benefits when you use your NTUC FairPrice Credit Card. You can receive up to 12% off your purchases at FairPrice Group merchants, as well as an additional 5% off on top of existing FairPrice member benefits. This means that you can enjoy up to 21% savings on your purchases with a low minimum spend of $350 per month.
In addition to these benefits, you can also enjoy a range of other exclusive privileges, including cash rebates, reward points, and discounts on dining, entertainment, and travel. With so many benefits to enjoy, there has never been a better time to sign up for an NTUC FairPrice Credit Card.
Understanding the Terms and Conditions
When applying for an NTUC FairPrice credit card in Singapore, it’s important to understand the terms and conditions associated with the card. This will help you avoid any surprises and ensure that you get the most out of your credit card.
Fees and Charges Explained
NTUC FairPrice credit cards come with various fees and charges that you should be aware of. These include a foreign transaction fee of 2.8%, a cash advance fee of 6% or $15 (whichever is higher), and a card replacement fee of $10. It’s important to note that there is no annual fee for the NTUC FairPrice credit card.
Eligibility and Instant Approval Process
To be eligible for an NTUC FairPrice credit card, you must be a Singaporean or Permanent Resident and at least 21 years old. You must also have a minimum annual income of $30,000 for Singaporeans and $45,000 for foreigners.
The instant approval process for the NTUC FairPrice credit card is quick and easy. Simply apply online and you’ll receive an instant decision. If you’re approved, your credit card will be mailed to you within 7-10 working days.
Minimum Monthly Spend
With the NTUC FairPrice credit card, there is no minimum monthly spend requirement. This means that you can use your credit card as much or as little as you like without worrying about meeting a minimum spend requirement.
In conclusion, understanding the terms and conditions associated with your NTUC FairPrice credit card is essential to ensure that you get the most out of your card. With no annual fee and no minimum monthly spend requirement, the NTUC FairPrice credit card is a great option for those looking for a simple and convenient credit card in Singapore.
Comparing NTUC FairPrice Credit Card with Other Cards
If you’re looking for a credit card that offers great rewards and discounts for grocery shopping, you might be considering the NTUC FairPrice Credit Card. However, there are other cards available in Singapore that offer similar benefits, such as the UOB One Card, Citi Cash Back Card, Bank of China Sheng Siong Card, POSB Everyday Card, and CIMB Visa Signature Card.
UOB One Card Versus Citi Cash Back Card
The UOB One Card and Citi Cash Back Card are both popular options for grocery shopping. The UOB One Card offers up to 5% cashback on all spend, including groceries, while the Citi Cash Back Card offers up to 8% cashback on groceries. However, the UOB One Card has a higher cashback cap of $300 per quarter, while the Citi Cash Back Card has a lower cap of $80 per month.
If you’re a big spender, the UOB One Card might be a better choice for you, but if you’re looking for a card with a higher cashback rate on groceries, the Citi Cash Back Card might be the way to go.
Bank of China Sheng Siong Card and Others
The Bank of China Sheng Siong Card is another option to consider if you frequently shop at Sheng Siong supermarkets. This card offers up to 12% cashback on Sheng Siong purchases, as well as 5% cashback on other groceries and 1% cashback on all other spend.
Other cards to consider include the POSB Everyday Card, which offers up to 8% cashback on groceries at Sheng Siong, and the CIMB Visa Signature Card, which offers up to 10% cashback on groceries at selected merchants, including NTUC FairPrice and Cold Storage.
Overall, the NTUC FairPrice Credit Card is a solid choice for those who frequently shop at NTUC FairPrice supermarkets. However, if you’re looking for a card that offers higher cashback rates on groceries or more flexibility in terms of where you can earn cashback, there are other options available to you.
Frequently Asked Questions
What splendid benefits can one enjoy with an NTUC FairPrice credit card?
The NTUC FairPrice credit card offers a wide range of benefits that make it an excellent choice for grocery shopping. Cardholders can enjoy up to 8% rebate on groceries at FairPrice stores, Unity pharmacies, and Warehouse Club. Additionally, cardholders can enjoy up to 20.6% savings on petrol at Esso and up to 18% savings on electricity bills with Geneco.
How does one apply for the NTUC Trust card, and what are the prerequisites?
To apply for the NTUC Trust card, you must be a Singaporean citizen or permanent resident and be at least 21 years old. You can apply for the card online or in-person at any NTUC FairPrice store. You will need to provide your NRIC, proof of income, and a recent utility bill.
Are there any exhilarating promotions currently available for the NTUC Trust card?
Yes, there are. Currently, new cardholders can enjoy up to $120 worth of welcome vouchers when they sign up for the NTUC FairPrice credit card. Additionally, cardholders can enjoy exclusive discounts and promotions at FairPrice stores and other partner merchants.
Could you enlighten me on the rebate system for the NTUC FairPrice credit card?
Sure. The rebate system for the NTUC FairPrice credit card is straightforward. Cardholders can enjoy up to 8% rebate on groceries at FairPrice stores, Unity pharmacies, and Warehouse Club. However, the rebate is subject to a minimum spend of $400 per month. Cardholders can also enjoy up to 20.6% savings on petrol at Esso and up to 18% savings on electricity bills with Geneco.
What is the cost of the annual fee for the NTUC card, and is it worth it?
The annual fee for the NTUC FairPrice credit card is $192.60 per year. However, the fee is waived for the first two years for new cardholders. With the excellent rebates and benefits that come with the card, the annual fee is definitely worth it for frequent grocery shoppers.
Has there been any talk of the NTUC Plus card being phased out?
Yes, the NTUC Plus card has been phased out and replaced with the NTUC FairPrice credit card. The new card offers more benefits and rebates than the old Plus card, making it a better option for grocery shopping.