soCash

[Trazora]

The thing is. This statement has been there since earlier days when we withdraw. But it didn't effect our withdrawal back then..

So i tot nothing about it

But August onwards better abide to 4 days ..

The 1st transaction only is something new lah

 

[peppermint7]

The 1st transaction only is something new lah

It's not lah. I posted on 18th July mah

See this

https://forums.hardwarezone.com.sg/128549325-post781.html

 

[maple96]

Wah another confusing discussion?

This is the latest posted at the website:

Promotion at selected shops

Check App for promotion details and participating outlets

Applicable for a minimum withdrawal amount of $50. Bonus Rewards up to 1.5 % cashback will be applied on the withdrawal amount and reflected in your App (HomePage > Rewards).

Offer valid only for first qualifying transaction of the day.

At no time will the accumulated rewards points or cashback earnings can exceed $30 over a period of a calendar month. Hence cashback is not guaranteed for every transaction and will apply for selected users & selected shops only.

Cashback expires in 30 days.

Offer is valid during the promo period indicated in our marketing communication or in the terms and conditions page.

SOCASH reserves the right to grant or refuse rewards at its sole and absolute discretion.

My comments:

There appears to be a few overlapping promos from Facebook and Socash app notice. So depends which day, which shop, which promo. But note above latest covering all promos.

 

[Trazora]

It's not lah. I posted on 18th July mah

See this

https://forums.hardwarezone.com.sg/128549325-post781.html

This was overwritten by the tnc for the promo for 1.5% cashback for min $50 withdrawal up 3 times daily

 

[peppermint7]

This was overwritten by the tnc for the promo for 1.5% cashback for min $50 withdrawal up 3 times daily

Anyway
Tomorrow onwards try 4 days of $500 each

 

[maple96]

Anyway
Tomorrow onwards try 4 days of $500 each

Depends which shop has the promo, per new TNC posted, it is one per day, max $30 cashback per mth.

Wah another confusing discussion?

This is the latest posted at the website:

Promotion at selected shops

Check App for promotion details and participating outlets

Applicable for a minimum withdrawal amount of $50. Bonus Rewards up to 1.5 % cashback will be applied on the withdrawal amount and reflected in your App (HomePage > Rewards).

Offer valid only for first qualifying transaction of the day.

At no time will the accumulated rewards points or cashback earnings can exceed $30 over a period of a calendar month. Hence cashback is not guaranteed for every transaction and will apply for selected users & selected shops only.

Cashback expires in 30 days.

Offer is valid during the promo period indicated in our marketing communication or in the terms and conditions page.

SOCASH reserves the right to grant or refuse rewards at its sole and absolute discretion.

My comments:

There appears to be a few overlapping promos from Facebook and Socash app notice. So depends which day, which shop, which promo. But note above latest covering all promos.

 

[peppermint7]

Depends which shop has the promo, per new TNC posted, it is one per day, max $30 cashback per mth.

Sheng siong TM is the only one that can allow $500 easily. All other stores we will have to make sure they have before activate withdrawal.

So most will go ss? 4 days of $500
= 4 days of $7.50

Just nice hit $30

 

[maple96]

Sheng siong TM is the only one that can allow $500 easily. All other stores we will have to make sure they have before activate withdrawal.

So most will go ss? 4 days of $500
= 4 days of $7.50

Just nice hit $30

SS promo end today, unless Socash announce tomorrow? I will wait for annoucement cos I have 3 more weeks before my cashback expires.

 

[peppermint7]

SS promo end today, unless Socash announce tomorrow? I will wait for annoucement cos I have 3 more weeks before my cashback expires.

Yup
Let's check the green banner on the app before we head there

 

[pohlin_18]

Today I manage to withdraw from SS $500 and get 1.5% for 1st transaction. Not sure whether account had been reset.

 

[daranic]

Wah another confusing discussion?

This is the latest posted at the website:

Promotion at selected shops

Check App for promotion details and participating outlets

Applicable for a minimum withdrawal amount of $50. Bonus Rewards up to 1.5 % cashback will be applied on the withdrawal amount and reflected in your App (HomePage > Rewards).

Offer valid only for first qualifying transaction of the day.

At no time will the accumulated rewards points or cashback earnings can exceed $30 over a period of a calendar month. [COLOR=“Red”]Hence cashback is not guaranteed for every transaction and will apply for selected users & selected shops only.[/COLOR]

Cashback expires in 30 days.

Offer is valid during the promo period indicated in our marketing communication or in the terms and conditions page.

SOCASH reserves the right to grant or refuse rewards at its sole and absolute discretion.

If wdl $500/day over 4 days and some transactions out of the 4 has no ** (according to texts in red), will we get < $30 ** cos we’d have hit $2k limit for the mth?

 

[maple96]

If wdl $500/day over 4 days and some transactions out of the 4 has no ** (according to texts in red), will we get < $30 ** cos we’d have hit $2k limit for the mth?

Good question.

Socash never put the daily nor mthly withdrawal limits in the tnc, its all thru others who tested the system.

Now they put max cashback in this tnc. Does it mean there is no more mthly withdrawal limit? We will have to test the system or someone help to ask socash.

 

[SBC]

Was having withdrawal limit since last week.

Managed to withdraw $100 today at SS.

 

[IronMan123]

Tomorrow still have cashback? I thought SS 1.5% is until 31 August?

Posted with iPhone HardwareZone Forums app

 

[cnotsniw]

Sorry for interpreting wrongly earlier. Managed to get $7.50 cashback on Socash
1. Use SoCash app request cash withdrawal (max $500) at Sheng Siong.
2. Go to the Sheng Siong $TM, tap on the SoCash option on the Screen of the $TM.
3. Scan the QR code on SoCash app at the small QR code scanner at the middle of the machine. Cash come out and got socash cashback.

Hi, where to find the QR code on SoCash app. Looked high and low, pressed all options, no QR code come out.

Can help to screen shot?

thanks.

 

[peppermint7]

Hi, where to find the QR code on SoCash app. Looked high and low, pressed all options, no QR code come out.

Can help to screen shot?

thanks.

After u key in to collect $ and go thru the process of bank verification and all that, The qr code will show up on your hp. U have to reach ss TM within 1 hour to collect it

 

[maple96]

My personal view:

The business objective of SOCASH is to help merchants recycle their cash. It does not make business sense to set a mthly withdrawal limit, cos they are not helping the merchants to recycle as much cash as possible.

So from August 1, SOCASH set a mthly cashback limit of $30.

This implies the mthly withdrawal limit will be removed since it is made redundant by the cashback limit.

What is not clear is whether the $30 cashback limit applies to the $1 cashback as well. Reading the tnc again, looks like it include. We will have to test it out or ask SOCASH. My view is it should not if SOCASH wants to help merchants recycle as much cash as possible.

If SOCASH removed the withdrawal limit today and set the mthly cashback limit to start August, what should u do?

 

[maple96]

Was having withdrawal limit since last week.

Managed to withdraw $100 today at SS.

Thanks for sharing the lobang

 

[Pathfinders]

Weird! Since 27th july monthly limit is 2k & then I wasn't able to withdraw on 27th. (I reached 2k on 26th).

Today I tested socash at ss, surprisingly I was able to withdrew $500.
Did socash change monthly limit again, or today count as new month?

My personal view:

The business objective of SOCASH is to help merchants recycle their cash. It does not make business sense to set a mthly withdrawal limit, cos they are not helping the merchants to recycle as much cash as possible.

So from August 1, SOCASH set a mthly cashback limit of $30.

This implies the mthly withdrawal limit will be removed since it is made redundant by the cashback limit.

What is not clear is whether the $30 cashback limit applies to the $1 cashback as well. Reading the tnc again, looks like it include. We will have to test it out or ask SOCASH. My view is it should not if SOCASH wants to help merchants recycle as much cash as possible.

If SOCASH removed the withdrawal limit today and set the mthly cashback limit to start August, what should u do?

 

[maple96]

Tomorrow still have cashback? I thought SS 1.5% is until 31 August?

Posted with iPhone HardwareZone Forums app

Wah all the sharing so confusing, no head no tail.

Got the details from Socash website:

Super deal promo at Sheng Siong & Prime Grocers selected locations
Offer valid till July 31.

Applicable for a minimum withdrawal amount of $50.
1.5 % cashback will be applied on the withdrawal amount and credited by next business day in your App.
Cashback expires in 30 days.
SOCASH reserves the right to grant or refuse Rewards at its sole and absolute discretion.
Offer Valid only for Maximum 3 transactions per day.

.

Today is last day for Sheng Siong!