Ntuc membership

[SCG8866T]

I know besides the link points(you can get that without being a member), members get 20 ntuc shares that gives 4% rebate(cap at $240) p.a.

But members also have to pay $9 a month($18 for Dec). Which means members have to pay $117 to get $240 rebate which gives a net rebate of $123 p.a.

Is there anymore perks? Do you guys pay the membership fees using credit card one shot?(12months). And is the payment counted as online payment?

Is there any other perks besides the $123 net rebate?

 

[phayze]

5% rebate for NTUC spending in form of linkpoint if min spend of $400 outside NTUC.

 

[The Accountant]

I know besides the link points(you can get that without being a member), members get 20 ntuc shares that gives 4% rebate(cap at $240) p.a.

But members also have to pay $9 a month($18 for Dec). Which means members have to pay $117 to get $240 rebate which gives a net rebate of $123 p.a.

Is there anymore perks? Do you guys pay the membership fees using credit card one shot?(12months). And is the payment counted as online payment?

Is there any other perks besides the $123 net rebate?

I remember ntuc members get to book Costa sands resort sentosa at a discount.

 

[jmapsmylife]

Hi what do you mean by member get 20 ntuc share? I didnt receive any.

 

[SCG8866T]

Hi what do you mean by member get 20 ntuc share? I didnt receive any.

If u have gotten 4% rebate by end of the year(cap at $240), that means you have 20 ntuc shares. One share is worth $1. They will deduct $20 from your rebate.

 

[SCG8866T]

5% rebate for NTUC spending in form of linkpoint if min spend of $400 outside NTUC.

Not worth using the ntuc ocbc credit card, there are better ones out there.

 

[OngHuatHuat]

I also got this membership, hard to understand the extra benefit.

A question to TS, how to check for the rebate? I purchased quite heavily in ntuc leh.

 

[rrr2015]

check their website
http://www.powerofu.sg/powerofu/ntucmembership/member_benefits.html

 

[therat]

I also got this membership, hard to understand the extra benefit.

A question to TS, how to check for the rebate? I purchased quite heavily in ntuc leh.

every year end. They will send a letter.. tell you full year how much u have spend, what is your rebate.. they will credit back to your bank account

 

[OngHuatHuat]

How do I check how many shares I have? Coz mine is like first year free.

check their website
http://www.powerofu.sg/powerofu/ntucmembership/member_benefits.html

 

[OngHuatHuat]

It is calendar year end or member year end?

every year end. They will send a letter.. tell you full year how much u have spend, what is your rebate.. they will credit back to your bank account

 

[rrr2015]

How do I check how many shares I have? Coz mine is like first year free.

oh i think yours plus! card, not union member so no shares for you
https://plus.com.sg/apply/cards

NTUC PLUS! (silver) for union member, no annual fees for credit cards

 

[OngHuatHuat]

oh i think yours plus! card, not union member so no shares for you
https://plus.com.sg/apply/cards

NTUC PLUS! (silver) for union member, no annual fees for credit cards

 

[OngHuatHuat]

Help me check.

oh i think yours plus! card, not union member so no shares for you
https://plus.com.sg/apply/cards

NTUC PLUS! (silver) for union member, no annual fees for credit cards

 

[rrr2015]

you can check with them
T 6213 8008 (Mon - Fri 9am to 6pm and Sat 9am to 1pm)

http://www.ntuc.org.sg/wps/portal/u...tail therapy/57dac88044d3356397be9713ee4d8035

 

[Steyr69]

I find it quite useless.....anyway, the only good is got $10 off if buy sindoferry tickets to batam over the counter.

Sent from Asus ME173X using GAGT

 

[henrylbh]

every year end. They will send a letter.. tell you full year how much u have spend, what is your rebate.. they will credit back to your bank account

NTUC Fairprice year end is every Mar. You will get the dividend on shares and rebate on patronage some time between Jun and Sep after their year end.

 

[henrylbh]

I know besides the link points(you can get that without being a member), members get 20 ntuc shares that gives 4% rebate(cap at $240) p.a.

But members also have to pay $9 a month($18 for Dec). Which means members have to pay $117 to get $240 rebate which gives a net rebate of $123 p.a.

Is there anymore perks? Do you guys pay the membership fees using credit card one shot?(12months). And is the payment counted as online payment?

Is there any other perks besides the $123 net rebate?

Members also get some free insurance coverage and death benefits

 

[henrylbh]

Hi what do you mean by member get 20 ntuc share? I didnt receive any.

You don't get free ntuc fairprice shares. You are entitled to subscribe for max of 20 shares at $1 each payable by deducting from the rebates you earned. Dividend on the shares quite good. But the number of shares for current members make it negligible.

I have 1000 shares (cost $1000) and 1262 bonus share. Last year they paid 7.5% dividend on 2262 shares

I have no choice but to carry on being union member year after year. Else they will buy back my 2262 shares for $2262.

 

[The_Davis]

You don't get free ntuc fairprice shares. You are entitled to subscribe for max of 20 shares at $1 each payable by deducting from the rebates you earned. Dividend on the shares quite good. But the number of shares for current members make it negligible.

I have 1000 shares (cost $1000) and 1262 bonus share. Last year they paid 7.5% dividend on 2262 shares

I have no choice but to carry on being union member year after year. Else they will buy back my 2262 shares for $2262.

You are member for 50 years already?