NTUC member worth it??
- Thread starter sgd10m
- Start date
the way i calculate, assuming i dont use the fairprice card elsewhere but only fairprice
must spend how much per yr then can redeem back membership of $9 x 12? = 108
$1 = 2 linkpoints, 150 linkpoints = $1 = Spending of $75
Assuming someone spends $100 at Fairprice mthly, at the end of yr you would have spent $1200
$1200 is equals to 2400 linkpoints which is also equals to $16 in rebates. 4% (?) rebate = $48
this also means that you get back $64 and you are still losing out on $44
must spend how much per yr then can redeem back membership of $9 x 12? = 108
$1 = 2 linkpoints, 150 linkpoints = $1 = Spending of $75
Assuming someone spends $100 at Fairprice mthly, at the end of yr you would have spent $1200
$1200 is equals to 2400 linkpoints which is also equals to $16 in rebates. 4% (?) rebate = $48
this also means that you get back $64 and you are still losing out on $44
i signed up in 2012, i dont think it has been 2 yrs and i dont get the rebate i think?
wa fck man like that i think i lugi... gg to cancel liao
In my calculation, spend $150 per month is enough to cover the annual fees.Original calculation: rebate = $72 (4% rebate) + $24 (3600 link points) = $96.
However, NTUC normally give more than 4%, e.g. 4.5% for last year. And link points worth more if you buy vouchers or other NTUC promotions, e.g. 2100 Linkpoints = S$20 Metro voucher.
Based on this, you got $81 (4.5% rebate) + S$34 metro voucher (3600 link points). And also, you got free gift when you sign up and other benefits from the membership.
There is an article summarised this: Generic memberships – Plus! and more
He should be talking about the link points…
They will credit the rebate into your linked saving account and mail you the details few months after their financial year. I got it around Oct this year, but they will adjust their financial year from 2014 onwards.
my one i dont think got free gift leh
and ya im just giving an average of rough spending to get back $20 worth of savings...... after minusing the membership costs
and hor im damn lazy to exchange for vouchers liao since i take vouchers from rewards card
so i think hor like ur calculation is $150 and above per mth then considered wu hua lor
for those who dont like to swap vouchers whatever then if u spend $200 per mth at the overall end u get back benefits worth $20.......... tough work
and ya im just giving an average of rough spending to get back $20 worth of savings...... after minusing the membership costs
and hor im damn lazy to exchange for vouchers liao since i take vouchers from rewards card
so i think hor like ur calculation is $150 and above per mth then considered wu hua lor
for those who dont like to swap vouchers whatever then if u spend $200 per mth at the overall end u get back benefits worth $20.......... tough work
Add-on to capitaland, you still can use NTUC Union member card to get additional 2x link points + 4.x% annual rebate.
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only benefit for NTUC
but of course shop smartly
not all stuff can buy in NTUC (e.g. shower foams)only benefit for NTUC
but of course shop smartly
I also use it to buy metro cheques... 10x link points.
In Metro, there are 2 kinds of voucher: Metro cheque and Metro gift voucher.
If you are a NTUC member, you get 10x link points while buying metro cheque, but not for gift voucher.
genius
can apply supp cards for this?
tiny
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I don't understand this. Show ntuc union card (not the credit card) and swipe using capita credit card?
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