Due to unfair licensing, only local banks can have unlimited atms.. foreign banks are limited.. as such this is a bypass... moreover it is expensive to maintain atm also
Apparently socash only support dbs/posb
I have been using SoCash for the last 2 months. Pretty good and now I dont feel the need to go to ATMs. The only drawback, I see so far, is sometimes the shop near my house doesnt have a lot of cash, so they limit the withdrawal amount, which is very dynamic, they can change it anytime. When you try to withdraw more than that amount, that shop will not showup in the app. The shop near my house today limited the withdrawal to $140, which I think is a bit too low. Although the shopkeeper asks me, if I want to withdraw more, I can do it twice.
The other drawback is ATMs you usually get more crispier notes. Shop notes dont give you the same feeling that you get with withdrawing from an ATM.
I prefer so cash as I get cashback for each withdrawal above $30
How do you get the cashback? Did you enroll in some promo or is it automatic?
Do u see a piggybank after u withdrawal min $30? Tap on it to reveal free cash to be redeemed on your next withdrawal.
Can you keep withdrawing and then deposit back to your account to get cash back or there's limitation?
You want to withdraw, deposit, withdraw, deposit on and on as a career, if no limitation?

Can you keep withdrawing and then deposit back to your account to get cash back or there's limitation?