POSB Everyday Card Reviews and Comparison - Seedly
 

POSB Everyday Card

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Credit Cards/POSB Everyday Card
POSB Everyday Card
3.8
109 reviews

USER RATINGS

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Speed of Approval

4.7

Ease of Fee Waiver

4.8

Customer Service

4.6

POSB Everyday Card

Up to 15% on everyday necessities
CASHBACK
Up to $80
CASHBACK CAP
$800
MINIMUM SPEND

    POSB Everyday Card

    Up to 15% on everyday necessities
    CASHBACK
    Up to $80
    CASHBACK CAP
    $800
    MINIMUM SPEND
Reviews (109)

3.8

109 Reviews

  • 5
    47
  • 4
    23
  • 3
    24
  • 2
    5
  • 1
    10

Read Review About...

credit card

cashback card

cash rebate

sheng siong

everyday card

minimum spend

posb everyday

good card

rebate watson

card rebate

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  • Posted 2w ago

    Purchased

    POSB Everyday Card

    It’s a card with a wide spectrum of incentives, but I have to say the cashback for this card is not high. Since this card have good discount and cashback with SPC petrol, Sheng Siong and Watsons, it’s a must-have card in the wallet, although I will have to says it’s is not one that you should spend your big ticket items with.
    0 comments
    0
  • Posted 2w ago

    Purchased

    POSB Everyday Card

    The rebate is really pathetic, though it claims to be up to x%, it's only applicable to 1 transaction and the rest is only 0.3%, however this is not made known but hidden in t&c. There are also other hidden terms and conditions as well. There're way better cashback cards in the market with better rebates and simpler usage.
    0 comments
    0
  • Posted 2w ago

    Purchased

    POSB Everyday Card

    A hassle free and simple card to use. There are many rebates (can be found on their website) I hope the perks could be slightly better seeing that I use this card everyday
    0 comments
    0
  • Posted 2w ago

    Purchased

    POSB Everyday Card

    Great only when they have promotions, e.g. the 15% rebate for public transport and 5% for dining across most, if not all, categories. Otherwise the rebates are dismal compared to other cards, e.g. Maybank F&F's 8% for all groceries (covers Sheng Shiong), UOB One's 3.33% for most miscellaneous transactions (covers Watsons). Probably good for the no minimum spend.
    0 comments
    0
  • Good for spending in watson, Sheng Siong and SPC. Pretty decent overall everyday card. :) Overseas spend perks could be improved thought.
    0 comments
    0
Questions (13)

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Credit Card

POSB Everyday Card

Maybank

Leslie Koh
Leslie Koh
Top Contributor

Top Contributor (Nov)

Level 6. Master
Answered on 20 Oct 2019
Depends on what you intend to use for. If you frequent Malaysia, Maybank Family & Friends will be better If you are just using in Singapore, POSB Everyday Card makes more sense. Do take note, there’s a minimum spending required.

Credit Card

DBS Multiplier

DBS Altitude Visa Signature Card

POSB Everyday Card

DBS Live Fresh Card

Fresh Graduates

Yong Kah Hwee
Yong Kah Hwee
Level 8. Wizard
Answered on 21 Aug 2019
Most cashback cards require you have had minimum spending before you can get the cashback. As for the DBS Altitude, if you don't think you can hit that amount, then don't force yourself to. There's no need to take advantage of the promotion; the card benefits are good enough (in my opinion at least).

Credit Card

Savings

Bank Account

DBS Multiplier

POSB Everyday Card

Expenses

Salary

Yinghua Liu
Yinghua Liu
Level 5. Genius
Answered on 06 Aug 2019
Don't worry about the annual fees. Most of banks waive the fees upon request. If in the case where the bank don't waive the annual fee, you can cancel and apply for another card. Till now, I do not have a problem waiving the annual fees for DBS/ POSB credit cards. As for the insurance/ endowment plans portion, you can find other cards that will give you cashback for insurance premiums (Do read the Terms & conditions for the exclusion part) Also, take note that some insurer companies do not accept giro payment of the premiums via credit card.

Credit Card

Bank Account

DBS

DBS Multiplier

DBS Live Fresh Card

POSB Everyday Card

Hi there, if you are opening a DBS multiplier account, you really should pair it with a credit card to earn the bonus interest. Between those two cards, it doesn't matter too much, but be aware that the cash backs are subjected to various limits and criteria, and the annual fee is also payable (although you should be able to waive it). An alternative is to consider a miles card like DBS Altitude where you can earn miles on your first dollar with no restriction and save them up for aspirational travel. Annual fee payment on a miles card will also earn you additional miles.

Credit Card

DBS Multiplier

POSB Everyday Card

Aik Kai
Aik Kai
Level 7. Grand Master
Answered on 25 May 2019
Your credit card is an account on it own (confusing I know) so there is no need to "link" it to your mulitpler. As long as your credit card and your Mulitpler account is under your name, DBS will recognise it so there is no need to do any extra steps.

DBS Multiplier

POSB Everyday Card

Credit Card

Lifestyle

Einn Hann
Einn Hann
Level 3. Wonderkid
Answered on 13 Jun 2019
1. Yes, you don't even need to call in to request to waive off the annual fee. You can just submit a request thru internet-banking. You may referring to this http://sgbeyourownboss.com/dbs-3-8-high-interest-saving-account/. 2. For investment, you can consider POSB Invest-Saver, or buying SSB. The dividend credited in your DBS account will be counted.

DBS Multiplier

POSB Everyday Card

Fresh Graduates

I use POSB Everyday card. Just buy a $1 ice cream from mcdonald and you qualified the credit card spend category. Plus, this card has no min spend required. You can use it for groceries, watsons too.

DBS Multiplier

Credit Card

POSB Everyday Card

Fresh Graduates

Tay WenHao
Tay WenHao
Level 6. Master
Answered on 02 May 2019
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)

POSB Everyday Card

Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 30 Apr 2019
For the posb everyday card, like other credit cards available here can be applied by foreigners. You need to prove that you have an annual income of $45k and above

POSB Everyday Card

Bank Account

Fresh Graduates

Credit Card

Albert Millardo
Albert Millardo
Level 3. Wonderkid
Answered on 24 Oct 2018
Nope there is no minimum spending for POSB Everyday Card. However though the cash rebate is not directly credited to your credit card account. It will be in terms of Daily$ which you will need to manually redeem to offset your credit card balance.
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Eligibility for POSB Everyday Card

  • 21 years old and above
  • Income of S$30,000 and above per annum for Singaporeans and PR
    Income of S$45,000 and above per annum for foreigner

Fees and Charges for POSB Everyday Card

  • Annual Principle Fee: $192.60
  • Annual Supplementary Card fee: $96.30
  • Fee waiver: 1 year annual fee waiver
  • Interest Free Period: 20 days
  • Annual Interest Rate: Prevailing interest rate of 28% p.a. (subject to compounding if the charges are not repaid in full) on the amount withdrawn, chargeable on a daily basis from the date of withdrawal until receipt of full payment.
  • Minimum monthly payment: 3% of the statement balance (or S$50, whichever is greater)
  • Late payment charge: A late payment charge of S$100if minimum payment is not received by due date, this is provided that outstanding balance is above S$50
  • Cash advance fee: 6% of the amount withdrawn per transaction or S$15, whichever is greater.

Key features of POSB Everyday Card

  • Up to 20.1% discount on petrol at Singapore Petroleum Company (SPC)
  • Get 5% cash rebate on overseas spendings
  • 5% rebate on groceries at Sheng Siong (max S$1,000 per month)
  • 3% cash rebate on Health, Beauty and Personal Care at Watsons
  • 3% rebate on medical bills for hospitals, medical and dental clinics
  • Up to 1% rebate on monthly telco, mobile, digital cable, broadband bills and in-store purchases, for StarHub customers only.
  • 1% cash rebate on SP services bills.
  • 0.3% cash rebate on everything else.

Terms and conditions of POSB Everyday Card

  • Cash rebate will be awarded on a maximum spend of S$1,000 (equivalent to Daily$50) at Sheng Siong per calendar month.
  • 1% cash rebate on your POSB Everyday Card for SP Group and StarHub will be credited by the end of the following calendar month on the month the transaction is made. No cash rebates will be awarded beyond the maximum spend of S$100 per month.
  • For SP Group, recurring charges are applicable only to accounts under the name of the main or supplementary cardholder.

Cash Rebate will not be awarded on:

  • payments to educational institutions
  • payment to government institutions and services (court cases, fines, bail and bonds, tax payment, postal services, parking lots and garages, intra-government purchases and any other government services not classified here)
  • payment to insurance companies (sales, underwriting, and premiums)
  • payment to non-profit organisations
  • Betting (including lottery tickets, casino gaming chips, off-track betting, and wagers at race tracks) through any channel
  • any top-ups or payment of funds to any payment service providers, prepaid cards and any prepaid accounts
  • bill payments and all transactions via AXS or SAM
  • instalment payment plan purchases, preferred payment plans, balance transfer, fund transfer, cash advances, annual fees, interest, late payment charges, all fees charged by DBS, miscellaneous charges imposed by DBS (unless otherwise stated in writing by DBS); any other transaction effected via any medium or channel, electronic or otherwise, which transaction, medium or channel DBS Bank may in its sole and absolute discretion choose to disallow Please note of the following changes: With effect from 1 October 2013,