Did you sign up for the POSB Everyday credit card after reading our credit card article?
Well, the benefits just got BETTER! Let me explain it to you in this POSB Everyday credit card review.
- Fare Free Friday
Yes! Free public transport on Friday!
Usually I will head back home on Friday after work, because it is just too tiring to go out after 5 brain-draining working days. After POSB came out with this promotion, I changed my workout days from Saturday to Friday, and decided to run errands on Friday instead. However, this post comes a little too late as the application period for new POSB card holders ends on 31 July 2015. Not to worry for existing card holders, you will be automatically enrolled into this promotion and POSB will send you an SMS notification. (Promotion period: 31 July to 25 Dec 2015)
So, this is how much I have saved per month:
Two way ride: $3.00
Per month (assuming 4 Fridays a month): $12
A year: $144
I know this amount does not look much, however, a little goes a long way………
2. 5% rebate on dining and grocery spending
Here’s the catch: you must spend a minimum of $500 per calendar month to qualify for this new benefit. 5% is for dining, 3% is for all supermarkets island wide. Only spending at Sheng Siong gives you 5% cash rebate.
If you compare this new benefit with the SMRT Citibank card, the latter is a better option if you are a frequent shopper at supermarket. Up to 7% to 12% SMRT$ (table below- extracted from Citibank SMRT Platinum Visa Card website). You can use SMRT$ to exchange for vouchers when you login to Citibank Online. Do take note that SMRT$1 = $1, they are not for cashback.
Do sign up now if you haven’t, the Bf and I still think that the POSB credit card rocks! Signing up online now gives you $80/$160 cash rebate when you charge a minimum of $500/$1000 respectively to the POSB Everyday Card. Usually POSB/DBS does not offer any cashback when you signup for a new card.
Which is your favourite credit card? Share it in the comments below!