POSB Cashback Bonus

[reddevil0728]

Thanks everyone. So the previous thread was started by POSB official account. I think posb decided not to participate in this forum so the thread become invalid.

so I already have 3 categories. But I want to do 4th category thanks to some pioneers sharing method to earn $25 through the UT buy>cash in $25>sell within 2 week


so kind souls pls share the good value UTs. It would be good if the ticker is also mentioned nikko a35 and otherone which is G3b so i also monitor the UT’s performance in ibkr or other app

if you sell immediately upon credit. the performance doesn't matter?

 

[aearthr]

Just to share for the credit card spending, like what the TnC say it is not limited to retail spend. It is also eligible for bill payment recurring or one-off. This open up more avenues for you to clock txn on credit card spending.

Hi, does it include paying other credit card bills?

 

[jinsatkilife]

i would prefer investment than insurance unless you genuine want the insurance.
buy $1000 of UT, fee $5, cashback $30, sell the next moment the UT is in the portfolio, lock my profit $25.

dont u have to do this every month manually? very mafan

shenton short term bond


Your case no choice, $6 insurance best deal

if buy UT, fee $5 but insurance is $6. Then again, the cashback is tagged to the value of UT u bought and sold? so maybe get more cashback

 

[wenguang]

dont u have to do this every month manually? very mafan

if buy UT, fee $5 but insurance is $6. Then again, the cashback is tagged to the value of UT u bought and sold? so maybe get more cashback but really negligible imo

mafan meh, login app with fingerprint, buy UT based which is already shortlist. logout. easy $25. Replying thread here takes more work than buying UT

 

[wenguang]

mafan, i prefer giro over paying manually cc bills

same thing here, i dont want to bother with these small stuff, my brain got many more things to worry about but thats just my preference

i think the insurance option is better since it auto renew itself...thing is the transaction value is low so the cashback also low

seriously, i dunno why you even want to reply to belittle my method if it is so mafan if you got so many thing to worry.

as the topic is posb cashback bonus. the max we can get is $130 per month. The amount is so little to you to be mafan why bother to reply. The method i share at least maximize $30 of one category. excluding the insurance part. the monthly cashback i can get is $100.

 

[Squaredot]

i would prefer investment than insurance unless you genuine want the insurance.
buy $1000 of UT, fee $5, cashback $30, sell the next moment the UT is in the portfolio, lock my profit $25.

bro, when do u see the UT in your portfolio after u buy?
no price movement between buy and sell time? curious..

 

[wenguang]

bro, when do u see the UT in your portfolio after u buy?
no price movement between buy and sell time? curious..

normally 2 to 3 days will reflect. shenton am short term bond, price movement very small.
by the time i sell, difference is +/- less than 1 dollar,

 

[Sweet Potato]

normally 2 to 3 days will reflect. shenton am short term bond, price movement very small.
by the time i sell, difference is +/- less than 1 dollar,

Bro, buy on month end for e.g today and sell on 8th when cash back is debited?

 

[wenguang]

Bro, buy on month end for e.g today and sell on 8th when cash back is debited?

no need, can sell anytime. it only track your buy. I normally buy on start of month

 

[Darwinson]

I cannot find investsaver option on DBS web ui.

after buying unit trust , can I transfer it to my cdp instead of redeeming it ?

 

[wenguang]

I cannot find investsaver option on DBS web ui.

after buying unit trust , can I transfer it to my cdp instead of redeeming it ?

https://www.dbs.com.sg/personal/pro...xcoabCdV03ZxWXmSMwhoCAq4QAvD_BwE&gclsrc=aw.ds
It is the same way like buying with lump sum, just tick Setup Regular Savings Plan. or for the 4 etf/bond, only rsp is the option.

transfer to cdp, most likely no.

 

[Darwinson]

https://www.dbs.com.sg/personal/pro...xcoabCdV03ZxWXmSMwhoCAq4QAvD_BwE&gclsrc=aw.ds
It is the same way like buying with lump sum, just tick Setup Regular Savings Plan. or for the 4 etf/bond, only rsp is the option.

transfer to cdp, most likely no.

I understand nikkoAm ex japan reit (ticket CFA.SI) is one of them. For some reason, the reit is mostly Singapore companies despite having Japan in its name.

 

[lzydata]

I understand nikkoAm ex japan reit (ticket CFA.SI) is one of them. For some reason, the reit is mostly Singapore companies despite having Japan in its name.

"Ex Japan" means excluding Japan.

 

[sohguanh]

seriously, i dunno why you even want to reply to belittle my method if it is so mafan if you got so many thing to worry.

as the topic is posb cashback bonus. the max we can get is $130 per month. The amount is so little to you to be mafan why bother to reply. The method i share at least maximize $30 of one category. excluding the insurance part. the monthly cashback i can get is $100.

You need to know same kind of rice feed many different kind of ppl. The thread topic is POSB Cashback Bonus and the max is $130. If one think 130 not worth their brain cells should just move on to next investment lobang instead haha. For me I cheapo always look for investment lobang the lower the minimum the better.

Your postings on this posb cashback bonus jumpstart my journey now I know how to play this game already.

 

[wenguang]

You need to know same kind of rice feed many different kind of ppl. The thread topic is POSB Cashback Bonus and the max is $130. If one think 130 not worth their brain cells should just move on to next investment lobang instead haha. For me I cheapo always look for investment lobang the lower the minimum the better.

Your postings on this posb cashback bonus jumpstart my journey now I know how to play this game already.

no choice, we like to squeeze out all types of cashback and bonus interest

 

[sohguanh]

no choice, we like to squeeze out all types of cashback and bonus interest

But this forum exist some readers who think some investment is only meant for "got monies" ppl. So "no or little monies" cannot invest is it? So look down on ppl those readers.

 

[reddevil0728]

Bro, buy on month end for e.g today and sell on 8th when cash back is debited?

Not settlement req

I understand nikkoAm ex japan reit (ticket CFA.SI) is one of them. For some reason, the reit is mostly Singapore companies despite having Japan in its name.

UT cannot go CDP but ETF can

 

[Darwinson]

Not settlement req

UT cannot go CDP but ETF can

What’s the process to transfer etf to cdp.

1)buy $1000 etf through invest saver
1b)claim posb cashback bonus $30
2)transfer to cdp
3)wait 6 months
4) go back to step 1 again

is it possible ?

 

[royalmix]

What’s the process to transfer etf to cdp.

1)buy $1000 etf through invest saver
1b)claim posb cashback bonus $30
2)transfer to cdp
3)wait 6 months
4) go back to step 1 again

is it possible ?

Why do you want to transfer to cdp and incur cost for disposal? You dispose/sell under invest saver is free!

 

[RedsYWNA]

no choice, we like to squeeze out all types of cashback and bonus interest

Dont look down on all these. I am squeezing out S4k-$5k monthly from interest and cashbacks! haha,