SCB SingPost/Spree Card

[Trazora]

Waiting to see if dbs what t&c dbs updates for next year. I think current one is till 31 Dec.

you should refer to the new tnc for dbs livefresh effective 1 dec. no more points, min $600, 5% rebate cap $60

 

[hwmook]

Waiting to see if dbs what t&c dbs updates for next year. I think current one is till 31 Dec.

DBS already revise and make the 5% online case rebate permanent, no more points though.

 

[saffronsatire]

Oh thanks guys, i don't mind that. Can sign up for the card ard lol. So max spending is 1.2k. Should have checked and applied earlier.

 

[Justicar]

I am considering getting the Spree as I buy online through Paypal often.

My question is - Paypal's exchange rate for SGD > USD is terrible. Usually, I use DBS's exchange rate as it's lower than Paypal. Do credit cards charge more for exchange fees than debit cards?

 

[rapcon]

This card is good if you didnt make the min $600 cut for DBS LiveFresh.
So certain months if you think you hit can use this card.

 

[babyrobo]

DBS already revise and make the 5% online case rebate permanent, no more points though.

5% can pay Singtel & starhub bills online? Topup fever counted too?

 

[revhappy]

I am considering getting the Spree as I buy online through Paypal often.

My question is - Paypal's exchange rate for SGD > USD is terrible. Usually, I use DBS's exchange rate as it's lower than Paypal. Do credit cards charge more for exchange fees than debit cards?

SCB is the worst in fx transactions. Total 3% fee.

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[Trazora]

SCB is the worst in fx transactions. Total 3% fee.

Sent from Xiaomi REDMI NOTE 4 using GAGT

3.5% fee for foreign transaction

 

[Mun-chen]

cant think of any that posts same day for online

usually it's posted T+2

Thanks for your kind response nevertheless!

 

[revhappy]

3.5% fee for foreign transaction

Thanks, you are right.

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[blueG77]

Anyone experience late posting of transactions for this period? I'm not sure it's bank side or merchant side.

 

[naro]

Anyone experience late posting of transactions for this period? I'm not sure it's bank side or merchant side.

Posting is by merchant

 

[Justicar]

SCB is the worst in fx transactions. Total 3% fee.

Sent from Xiaomi REDMI NOTE 4 using GAGT

Thanks. I am not talking about fx transaction though. I am talking about exchange rate.

Afaik, DBS has their own exchange rate of SGD > USD which is better than Paypal.

I can't find a Standard Chartered Singapore link that tells me what's their exchange rate though.

Right now, 100 SGD gets me 73.47 USD for DBS.

100 SGD gets me 73.47 USD for OCBC.

100 SGD gets me 72.10 USD for Paypal which is disgustingly low. I want to check if SC gives me a rate comparable to OCBC or DBS.

 

[Trazora]

Thanks. I am not talking about fx transaction though. I am talking about exchange rate.

Afaik, DBS has their own exchange rate of SGD > USD which is better than Paypal.

I can't find a Standard Chartered Singapore link that tells me what's their exchange rate though.

Right now, 100 SGD gets me 73.47 USD for DBS.

100 SGD gets me 73.47 USD for OCBC.

100 SGD gets me 72.10 USD for Paypal which is disgustingly low. I want to check if SC gives me a rate comparable to OCBC or DBS.

when using credit card, exchange rate from visa/master/amex etc is used, and on top of that there is foreign currency exchange fee (eg 2.8% for dbs visa/masters, 3.5% for scb)

 

[Justicar]

when using credit card, exchange rate from visa/master/amex etc is used, and on top of that there is foreign currency exchange fee (eg 2.8% for dbs visa/masters, 3.5% for scb)

So essentially, what you're saying is:

1) If I have a DBS mastercard, and a DBS credit card - I would get a less favorable rate if I am using the credit card?

2) If I have a DBS credit card and a SCB credit card - I would get a less favorable rate if I am using the SCB credit card?

 

[hwmook]

Thanks. I am not talking about fx transaction though. I am talking about exchange rate.

Afaik, DBS has their own exchange rate of SGD > USD which is better than Paypal.

I can't find a Standard Chartered Singapore link that tells me what's their exchange rate though.

Right now, 100 SGD gets me 73.47 USD for DBS.

100 SGD gets me 73.47 USD for OCBC.

100 SGD gets me 72.10 USD for Paypal which is disgustingly low. I want to check if SC gives me a rate comparable to OCBC or DBS.

All credits exchange rate are the same, determined by Visa/MasterCard. The only difference is the add on fees add on by the bank to form the final amount charge to your card. SC have the highest add on fees of 3.5%, the rest is 2.5-2.8%.

 

[Trazora]

So essentially, what you're saying is:

1) If I have a DBS mastercard, and a DBS credit card - I would get a less favorable rate if I am using the credit card?

2) If I have a DBS credit card and a SCB credit card - I would get a less favorable rate if I am using the SCB credit card?

what you mean by "DBS mastercard"? debit card?

 

[Justicar]

what you mean by "DBS mastercard"? debit card?

Yeah debit card.

 

[Trazora]

Yeah debit card.

DBS debit card will incur 3.25% foreign currency exchange fees, worse than 2.8% for DBS crefit card.

 

[Justicar]

Shittttttttt

I just applied for SCB Spree card through one of the review sites, and I didn't get to choose the $138 welcome gift! WHAT THE FUG!