02 May 2019
Context: I'm a fresh graduate and I do not expect myself to spend much with the credit card. I am looking for a card with the most rebates and least annual fees to pay. Does POSB Everyday Card seem like a wise choice?
Hi. It depends on what you are actually spending on.
For POSB Everyday card, its benefits are for specific merchants. Like SPC and Sheng Siong for the high cashback. Bills is only 1% and everything else is only 0.3%. Which means that if you use the card for any other transactions like online shopping you only get 0.3%.
I'm currently using DBS Livefresh Card. 5% rebate for Online spending (capped at $20) and also 5% for paywave transactions (also capped at $20). But minimum spending of $600/mth. If you are unable to hit the min spending it'll be 0.3% (same as POSB Everyday)
Write your thoughts
POSB Everyday Card
Up to 15% on everyday necessities
Up to $80
DBS Multiplier Account
Standard Chartered Unlimited Cashback Credit Card