POSB Everyday Card

[netzach]

but there is a clause..
u need to spend certain amt onwards to entitled for the rebates
u need to spend min $800 to be eligible for the rebates
i have stopped using liao, cos i dun hit the amt, as i am using other card

dude, no minimum spending for 5% cashback at SS using the POSB Everyday card.
that is for sure.

 

[saffronsatire]

I manage to get fee waiver thru the chatbot tho I haven't used thus card in ages as my primary card is live fresh.

 

[sohguanh]

A long forgotten card now rediscover it's usefulness. Just sharing from 01 Sep to 31 Oct 2022
. Linked to SimplyGo take bus train 5% rebate no min spend
. If use Geneco for electricity 5% rebate no min spend recurring payment mode
But what after 31 Oct 2022 ? Then Nov look for other cards? So troublesome. Want to give should give one whole year IMHO

 

[netzach]

A long forgotten card now rediscover it's usefulness. Just sharing from 01 Sep to 31 Oct 2022
. Linked to SimplyGo take bus train 5% rebate no min spend
. If use Geneco for electricity 5% rebate no min spend recurring payment mode
But what after 31 Oct 2022 ? Then Nov look for other cards? So troublesome. Want to give should give one whole year IMHO

Wah not bad. thanks for the info. will use it for transport services already hehe
can save just save



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[sohguanh]

Wah not bad. thanks for the info. will use it for transport services already hehe
can save just save

Read HWZ Forum Rules!

A pity or blessing as I am still WFH save even more. But today on leave go out bring elderly see hospital so subsequent my transport include taxi very chor. Earn monies all go out so fast and it is not for me at all!!! One day leave also not cheap all give taxi earn

 

[saintgtril]

A long forgotten card now rediscover it's usefulness. Just sharing from 01 Sep to 31 Oct 2022
. Linked to SimplyGo take bus train 5% rebate no min spend
. If use Geneco for electricity 5% rebate no min spend recurring payment mode
But what after 31 Oct 2022 ? Then Nov look for other cards? So troublesome. Want to give should give one whole year IMHO

Hi all, any idea if i use SimplyGo on 31/10/2022 itself - last day is the transaction date? Is it eligible for 5%? Thanks!

 

[sohguanh]

Hi all, any idea if i use SimplyGo on 31/10/2022 itself - last day is the transaction date? Is it eligible for 5%? Thanks!

The posb everyday TnC never say I think. But for UOB they got say they give rebate base on posted date instead. Hmmm

 

[reddevil0728]

Hi all, any idea if i use SimplyGo on 31/10/2022 itself - last day is the transaction date? Is it eligible for 5%? Thanks!

quite likely based on posting date

 

[Adi Dassler]

Rebates are capped at $5 per month. So max only can get $10 rebate nia. And based on past experiences on similar promo, the cashback credited to your account takes damn long wan. But anyway, better than nothing.

 

[sohguanh]

Rebates are capped at $5 per month. So max only can get $10 rebate nia. And based on past experiences on similar promo, the cashback credited to your account takes damn long wan. But anyway, better than nothing.

The key is other cc never give 5% even UOB one debit card need minimum spend $500 to get 3%

 

[Slowdown]

I have the Everyday MasterCard for many years. And I have frequently used the 'Pay by Installment' function and usually choose the 6 mths period option. All these years there is not service fee. Today I was about to do the same for a transaction I had made on my MC when I saw that there will be a 3% Service Fee imposed on the repayment plan. Lucky I saw it and did not proceed.

I contacted Customer Service and they mentioned that the bank has started this year charging service fee. I (after the call) checked the entire year of credit card bill and no service fee was imposed. So it seemed that the service fee was implemented recently for the 6 month repayment option. The CS informed me that there is no service fee for 3 months repayment option (which I did so).

Those using the Pay by Installment function may want to take note. I checked with the CS whether I can request for a wavier on the service fee if I proceed forward. CS informed that he requested last week for one customer but it was denied by management.

 

[greythorne]

I have the Everyday MasterCard for many years. And I have frequently used the 'Pay by Installment' function and usually choose the 6 mths period option. All these years there is not service fee. Today I was about to do the same for a transaction I had made on my MC when I saw that there will be a 3% Service Fee imposed on the repayment plan. Lucky I saw it and did not proceed.

I contacted Customer Service and they mentioned that the bank has started this year charging service fee. I (after the call) checked the entire year of credit card bill and no service fee was imposed. So it seemed that the service fee was implemented recently for the 6 month repayment option. The CS informed me that there is no service fee for 3 months repayment option (which I did so).

Those using the Pay by Installment function may want to take note. I checked with the CS whether I can request for a wavier on the service fee if I proceed forward. CS informed that he requested last week for one customer but it was denied by management.

Is the 3 months repayment option available until October 2022

 

[Slowdown]

Is the 3 months repayment option available until October 2022

I did not asked.

Updated:
Found the following from
https://www.dbs.com.sg/personal/cards/card-services/payment-plans

My Preferred Payment Plan​

Looking to pay off your current credit card purchases over time? With My Preferred Payment Plan, you can consolidate and convert up to 10 eligible transactions into 3 months interest-free instalments, at no fee.

It’s instant and super convenient. Just apply through digibank.

Tenure and processing fees

Tenure​	3 months​	6 months​	12 months​	18 months​	24 months​
One-Time Processing Fee (based on transaction amount)​	0%* Usual 3%​	3%​	5%​	6%​	6%​
#Effective Interest Rate​	0% Usual 18.18%​	10.43%​	9.50%​	7.86%​	5.98%​

#Effective interest rate (“EIR”) is calculated on the processing fee if full payment of the fee is not received by statement due date.
*Promotion ends on 31 October 2022
Limited time offer. Promotion is applicable for applications submitted via DBS digibank. DBS may vary these Terms and Conditions or suspend or terminate the Promotion without any notice of liability to any party.

 

[hisokaomi]

Hi all,

Other than sheng song and Watson, can we still earn rebates on other spending like dining and retail if unable to hit $800/month?

Tia.

 

[Trazora]

Hi all,

Other than sheng song and Watson, can we still earn rebates on other spending like dining and retail if unable to hit $800/month?

Tia.

only 0.3%

 

[hisokaomi]

only 0.3%

Better than nothing, thank you.

 

[haikallp]

Am I right to say that the minimum spend of $800 excludesrecurring utilty bill payments and medical bills?

 

[demoforce1]

Am I right to say that the minimum spend of $800 excludesrecurring utilty bill payments and medical bills?

should be including

 

[sohguanh]

For those using posb everyday for SimplyGo until 31 Oct 2022, I think it is based on posting date which means a few days after your actual trip transaction date. That being the case I think can stop using about 3-5 days before 31 Oct 2022 since it will not be in time for the bank to compute the cashback for this card for Oct 2022

 

[kelx01]

For those using posb everyday for SimplyGo until 31 Oct 2022, I think it is based on posting date which means a few days after your actual trip transaction date. That being the case I think can stop using about 3-5 days before 31 Oct 2022 since it will not be in time for the bank to compute the cashback for this card for Oct 2022

Yup same thinking too. Need to find another card to take Bus/MRT again..