Simplest Cashback credit card

[iduncheckmail]

Only SCB does this. But I would look for Singsaver exclusive reward, then it doesnt matter what SCB says.

Nope. SingSaver waits for bank to acknowledge that u are new customer first b4 releasing reward to you.

 

[revhappy]

Nope. SingSaver waits for bank to acknowledge that u are new customer first b4 releasing reward to you.

Singsaver's reward has its own terms and conditions, which you can read on the singsaver website. It is not bound by SCB's condition that once you get the reward you wont get it again.

I have personally tested it, before. I had existing SCB cards and I applied SCB cards via Singsaver and I got the reward of $50 from Singsaver.

 

[moisuperman]

abit off topic,is it possible to check when was the card cancelled?
as i did cancelled my citibank card, but i can't remember exactly when

 

[Trazora]

abit off topic,is it possible to check when was the card cancelled?
as i did cancelled my citibank card, but i can't remember exactly when

You should have received SMS/letter upon closure of the card.

If not can call Citibank.

 

[D-Aced]

thanks all for the recommendations and tips!

 

[Psyres]

Just to add for others to reference.

If your monthly retail can hit $500 consistently and you have a Safra membership you actively use and intend to keep: DBS Safra Credit Card. 3% for online and contactless purchases. Tags on your Safra membership so no annual fee. DBS has exclusions for certain high value transactions though (insurance is one… iirc).

Generally speaking, the other options mentioned above are better. The conditions and bank exclusions make the card annoying to maximize.

 

[Byfrost]

If there is only ONE card for cashback you would like for all your purchases, what would it be?

My two recommendations like the others

1) American Express True CashBack

2) CIMB World Mastercard

Why? The above two cards are probably the only Cashback card that awards the cashback within the same statement month, so you do not need to worry if Amex don't waive your annual fees (CIMB Cards does not have annual fees). If you spend $100 on January, your statement of January will be $100 minus the cashback. If Amex is not willing to waive the annual fee, just pay off your statement and cancel the card, you still get to enjoy the final cashback.

Other cashback cards, like HSBC Advance, Standard Chartered Unlimited awards the cashback at the end following month, which means you have to pay your statement in full first and then when the cashback comes in at the end of the following month, it will be on top of your credit limit. The risk is, if you make a large purchase the month before your card annual fee is due, and when the statement comes with the annual fee is charged, you face the risk of the bank not waiving the annual fee for that card, and should you cancel it, you have to forgo the cashback (that will only come in at the end of the following month). It's a annual "headache" and as such, try to avoid using those cards 1 month before the annual fee is being charged, and utilize any cashback in those card first, just to be safe in case the bank rejects the annual fee waiver.

 

[Psyres]

My two recommendations like the others

1) American Express True CashBack

2) CIMB World Mastercard

Why? The above two cards are probably the only Cashback card that awards the cashback within the same statement month…

Just a note that CIMB World MasterCard only awards the first 1.5% within the first statement month. For retail spending that falls within the 4 categories that award up to 2%, it is in the form of 1.5% + an additional 0.5% that is awarded in the following statement month. This is stated in the T&C. In no way does it detract the primary advantage of this card - being one of the few truly zero stress Credit cards around.

Good point about these cards awarding within the same statement month. No additional thing to check or follow up action to claim cashback.

 

[D-Aced]

My two recommendations like the others

1) American Express True CashBack

2) CIMB World Mastercard

Why? The above two cards are probably the only Cashback card that awards the cashback within the same statement month, so you do not need to worry if Amex don't waive your annual fees (CIMB Cards does not have annual fees). If you spend $100 on January, your statement of January will be $100 minus the cashback. If Amex is not willing to waive the annual fee, just pay off your statement and cancel the card, you still get to enjoy the final cashback.

Other cashback cards, like HSBC Advance, Standard Chartered Unlimited awards the cashback at the end following month, which means you have to pay your statement in full first and then when the cashback comes in at the end of the following month, it will be on top of your credit limit. The risk is, if you make a large purchase the month before your card annual fee is due, and when the statement comes with the annual fee is charged, you face the risk of the bank not waiving the annual fee for that card, and should you cancel it, you have to forgo the cashback (that will only come in at the end of the following month). It's a annual "headache" and as such, try to avoid using those cards 1 month before the annual fee is being charged, and utilize any cashback in those card first, just to be safe in case the bank rejects the annual fee waiver.

Just a note that CIMB World MasterCard only awards the first 1.5% within the first statement month. For retail spending that falls within the 4 categories that award up to 2%, it is in the form of 1.5% + an additional 0.5% that is awarded in the following statement month. This is stated in the T&C. In no way does it detract the primary advantage of this card - being one of the few truly zero stress Credit cards around.

Good point about these cards awarding within the same statement month. No additional thing to check or follow up action to claim cashback.

thanks again for the super-quality inputs guys!

 

[BBCWatcher]

I’m surprised nobody has mentioned the ICBC Global Travel Mastercard yet, or at least I haven’t seen it mentioned yet. That ICBC card isn’t just a solid domestic card (flat, unlimited 1.5% rebate with not too many exclusions), it also rather reliably generates a net rebate when you shop online and overseas in other currencies. That’s pretty special. And while it isn’t a zero annual fee for life card like CIMB’s cards, it offers a 3 year fee waiver up front. You don’t have to worry about that annual fee waiver request until then.

OK, yes, true, it takes a long time for ICBC to process a card application, and their Internet banking makes CIMB’s look modern. But it’s a great “don’t have to think much” card.

 

[D-Aced]

I’m surprised nobody has mentioned the ICBC Global Travel Mastercard yet, or at least I haven’t seen it mentioned yet. That ICBC card isn’t just a solid domestic card (flat, unlimited 1.5% rebate with not too many exclusions), it also rather reliably generates a net rebate when you shop online and overseas in other currencies. That’s pretty special. And while it isn’t a zero annual fee for life card like CIMB’s cards, it offers a 3 year fee waiver up front. You don’t have to worry about that annual fee waiver request until then.

OK, yes, true, it takes a long time for ICBC to process a card application, and their Internet banking makes CIMB’s look modern. But it’s a great “don’t have to think much” card.

is it worth it to just sign up the credit card without getting the promotion? coz some promo needs prerequisite like spend $250 per month consecutively for 2 months

 

[qooqoo72]

Citi Cash Back except the cashback redemption requires manual redemption

 

[D-Aced]

Citi Cash Back except the cashback redemption requires manual redemption

will you pay for annual fee for its benefits?

 

[Trazora]

will you pay for annual fee for its benefits?

of cos not. just try ask for waiver and if not successful just cancel card and switch to another card

 

[tyr9292]

How's the Maybank family & friends?

 

[revhappy]

I’m surprised nobody has mentioned the ICBC Global Travel Mastercard yet, or at least I haven’t seen it mentioned yet. That ICBC card isn’t just a solid domestic card (flat, unlimited 1.5% rebate with not too many exclusions), it also rather reliably generates a net rebate when you shop online and overseas in other currencies. That’s pretty special. And while it isn’t a zero annual fee for life card like CIMB’s cards, it offers a 3 year fee waiver up front. You don’t have to worry about that annual fee waiver request until then.

OK, yes, true, it takes a long time for ICBC to process a card application, and their Internet banking makes CIMB’s look modern. But it’s a great “don’t have to think much” card.

Yes this is my favorite default card along with icbc chinese zodiac card which gives 1.6% cash back.

Although there are other cards like SCB unlimited/spree and HSBC advance cards with similar or higher cashback, I use the latter cards mainly for yearly signup promo.

It is a bit ironical, I keep the card that don't have yearly sign up promo and cancel the cards that have promo. The credit card companies are losing money with customers like me.

 

[TiedInsurer]

How's the Maybank family & friends?

Use it for grocery shopping only. Go topup $800 worth of giftcard everytime you run out, to make sure you hit the $800 minimum spend.

Yes this is my favorite default card along with icbc chinese zodiac card which gives 1.6% cash back.

Although there are other cards like SCB unlimited/spree and HSBC advance cards with similar or higher cashback, I use the latter cards mainly for yearly signup promo.

It is a bit ironical, I keep the card that don't have yearly sign up promo and cancel the cards that have promo. The credit card companies are losing money with customers like me.

ICBC app and CS are utter trash. I gave up the extra 0.5% cashback, and used Revolut / Youtrip instead. Save me the headache.

 

[Ginnylim07]

I'm using spree and unlimited. I read through the messages. Is cimb Mastercard rates better than stand chart?

 

[cassowary18]

I'm using spree and unlimited. I read through the messages. Is cimb Mastercard rates better than stand chart?

If you're talking about the World Mastercard, 1.5% cashback (2% on certain categories), unlimited. If you can qualify for that card ($50,000 minimum income), it would be a good card to hold. Don't forget that it's annual fee free for life so you don't have to worry about it waivers.

 

[Ginnylim07]

If you're talking about the World Mastercard, 1.5% cashback (2% on certain categories), unlimited. If you can qualify for that card ($50,000 minimum income), it would be a good card to hold. Don't forget that it's annual fee free for life so you don't have to worry about it waivers.

Yes referring to that! Thank you!
Any special deals at roadshows or website for applying this card? Or usually apply via Singsaver?