POSB Everyday Card
This product is managed by DBS.
Speed of Approval
Ease of Fee Waiver
[EXCLUSIVE REWARDS] Get S$200 cashback. For new DBS/POSB Credit Cardmembers only. Valid from 1 June to 30 September 2021. Terms and Conditions apply. Find out more below.
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03 May 2021
Gosh, I spent an ave $4K a month and they denied me fee waiver (always paid in full on time!). I just canceled it and they didn't even ask any questions. Keep a look out for the annual fee in your statement. OCBC automatically waived the annual fee.
No Question Found.
Get S$200 cashback
Credit cards might seem like a heavy commitment - but that's where the POSB Everyday Card comes in, complete with cash rebates and a no minimum spend, unlike most of its counterparts. POSB Everyday Card lives up to its namesake as it provides cash rebates for your everyday essential needs like groceries, petrol, food and utilities. Stand to earn a whopping 15% rebate on Online Food Delivery services like Grab and 5% of rebates on groceries at major supermarkets like Sheng Siong. Enjoy 20.1% of petrol savings at SPC stations. For utilities, get 1% off selected open electricity market providers. Furthermore, your collected rebates do not expire. You can use these rebates at over 200 of DBS Lifestyle Partner merchants including Apple Store and Google Play. If you are a DBS Multiplier account holder, spending on this card can help you accrue bonus interest rates of 1.85% p.a. in your multiplier account. However, to obtain the maximum cashback rates, there are minimum spend requirements assigned by the bank according to your spending habits. Not hitting the minimum spend will subject your transactions to the base cashback rate of 0.30%.
These are some features of the POSB Everyday Card and the cashback benefits it has to offer.
POSB Everyday Card Benefits
What You'll Get
Utilities & Telecommunication
0.3% cash rebate on everything else
POSB Everyday Card - Benefits
To be eligible for the POSB Everyday Card, you'll have to meet the following criteria:
POSB Everyday Card lives up to its namesake as it provides cash rebates for your everyday essential needs like groceries, petrol, food and utilities. The cashback rates are pretty decent, a good general all-in-one card for individuals with spendings in multiple categories.
It is also important to consider the minimum spend that is stipulated by the bank as the inability to meet it will reduce the advertised rebate rates to the base cashback rate of 0.30%.
Not ideal for individuals who preferred spend in other specialised areas like Dining, Shopping, or Entertainment.
Cash rebates are not awarded on:
As the oldest bank in Singapore, POSB aims to offer low-cost savings accounts for children, full-time students and National Servicemen. Some popular account types include POSBkids Account, POSB Savings, POSB Passbook Savings Account and POSB Current Account. On 16 November 1998, DBS Bank acquired POSB.