i'm thinking of purchasing something via paypal that is an installment / recurring charges. will this entitle me to the 7% cashback? it says in tnc that:
For any new transaction payable by monthly instalment payments, if you charge the total amount in respect of such transaction to your SingPost Card within a particular month where such total amount is successfully converted to monthly instalments:
at the point of sale by a participating merchant, the monthly instalment amount (and not the total amount charged):
For the Minimum Card Spend – will be counted towards the fulfilment of the Minimum Card Spend, provided that such monthly instalment amount is successfully posted to your SingPost Card account before the end of that month. Subsequent monthly instalment amounts will be counted towards the fulfilment of the Minimum Card Spend for such months in which the relevant instalment amount is posted; and
For CashBack – will qualify for CashBack provided that (A) such new transaction payable by monthly instalment payment is a Qualifying Retail Transaction, and (B) such monthly instalment amount is successfully posted to your SingPost Card account before the end of that month. Subsequent monthly instalment amounts will also qualify for CashBack for such months in which the relevant instalment amount is posted; or
at a later date by us, the total amount charged (and not the converted monthly instalment amount):
For Minimum Card Spend – will be counted towards the fulfilment of the Minimum Card Spend for such month in which the amount is successfully posted to your SingPost Card account; and
For CashBack – will qualify for CashBack provided that (A) such new transaction payable by monthly instalment payment is a Qualifying Retail Transaction, and (B) such monthly instalment amount is successfully posted to your SingPost Card account before the end of that month. Subsequent monthly instalment amounts will also qualify for CashBack for such months in which the relevant instalment amount is posted; or