Standard Chartered Unlimited Cashback Credit Card
AMEX True Cashback Card
Asked by Anonymous
Asked on 19 Jun 2019
Here are the options I've narrowed down:
1) Amex True Cashback
2) SCB Unlimited
3) ICBC Global Travel
4) ICBC Zodiac
I'm leaning towards (4) due to its 1.6% cashback and 3-year annual fee waiver.
I don't do much overseas transactions and don't drive as well. I'm planning to use this card for my wife's upcoming gynae consultation and pregnancy delivery fees (not sure if this is considered a lumpsum transaction).
Appreciate any inputs!
I think the best generic ones are stanchart unlimited card and amex true cashback card at 1.5% rebate on all spend, with no minimum.
I personally have the stanchart unlimited card and will be getting the amex true cashback the moment i have a s$5k expense (because you get 3% for the first s$5k spent in the first few months.
To maximize your rewards, to some general googling because these 2 cards have quite a big of sign-on bonus (i.e. pick your poison, either singsaver, friends referral, etc).
If you want to see which merchants give you additional cashback (above and beyond these 2 great general spending cashback cards), check out www.whatcard.sg before your specific purchase, or as general research to which card to get that suits your specific consumption habits
20 Jun 2019
Quite true for the 4 card between 1.5 to 1.6%, but pretty low these days with no string attached.
For the Gynae and delivery fee, I recommend another. HSBC Advance cc.
Above 2.8k spending get 2.5% + bonus cash back. Below 2.8k spending get 1.5%
Remember to apply via singsaver for more deals and do check out the T&C on the above links for more details and exclusion. I check that so far medical spending is ok.
20 Jun 2019
20 Jun 2019
Hmm overall recommend the first two! I've had issues with ICBC and their customer service is not something you want to put yourself through...
About the fee waiver, every card has that as long as you make the effort to call in and ask for a waiver. If you use the card 1-3 times a year at least, the waiver will be approved.
Btw best to apply online as mentioned by the rest! Singsaver has promotions and the banks themselves have promotions if you apply through Singpass I think. All the best!
(PS: If you are working and have a multiplier acc with DBS, frankly the Live Fresh Card is pretty decent for cashbacks! If you spend $80 on transport a month via Simplygo, you get back $4. If you happen to make online purchases, you get cashback too. It's not so much about having 1 card only, but maximizing the benefits you can get from various cards. Doesn't mean I advice getting many cards but 2-3 is alright~ I'm not working in DBS but I found their card convenient!)