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Anonymous

09 Dec 2019

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Credit Cards

What are the best cashback deals in the market at the moment?

What would be the best cashback cards in the market at the moment at how can I use them to their fullest potential? I spend quite a bit on shopping, dining, use grabpay quite often.

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If you can hit 2k a month in spending, go for UOB one. With 5% cashback, it's pretty worth it. There's also a UOB grabpay tie up now and you can get additional 5%.

I don't shop much, but I think the Citi SMRT card gives 2% for online. And minimum spend is low at $300/ month.

All in all, make sure you can hit the minimum spend a month, if not it's not worth as they'll drop your cashback rate to the base rate of 0.3%

Elijah Lee

04 Dec 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

I'm largely using Favepay due to the generous cashback, and since I can also earn miles at merchants, why not.

Usually see cashback of 5%-10% at vendors, so definitely better than paying cash, if I intend to return to the vendor again in future. (since you can't use the cashback till the next visit)

I suppose if you pay with Fave and charge it to a cash back card, you'll be getting in excess of 10% cashback, which is decent. I prefer my miles however.

Grabpay Tie up with AXS/Fave/Singtel Dash

Here are the steps:

1) Sign up for UOB one card, open a Grabpay account

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2) Every month top up an amount of $500, $1000 or $2000 into grabpay. USe the top up option by selecting your UOB one card. This enables you to earn 8.33% rebate

3) with whatever amount of money you have in your grabpay, top up $200 monthly to your Singtel Dash Account

a) Singtel Dash can be used to buy groceries at NTUC and onlines purchases

b) Singtel Dash can be used to buy at shopee, lazada and Overseas purchase in many places at Thailand and Japan (must be physcially there in Thailand or Japan)

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4) Use favepay whenever possible and link it to your grabpay credits (you earn Grabreward points and Fave Pay cashback)

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5) Got handphone, utility, income tax bill, government hospital bill, MCST, HDB bills, child school fees to pay? Use AXS mobile app to pay. Can link to Grabpay and pay these bills

Confirm plus chop the best cashback deal at the moment. No Horse run!

Verified and being used by poster. This post deserves at least a million upvote because it is the most comprehensive cashback in Singapore.

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Eatigo Discount + Shopback cashback + creditcard rebates​​​

UOB one is certainly the best option for up to 8.33% if you're using grabpay quite a fair bit.

Whe...

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