soCash

oceanicmanta

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Hmm only thing official I can see here is $30 cap cashback per month. Btw 4×$500=$2000 will already max out the $30. Dun see why need for the $1 to expire, worse case just need to make a few more withdrawals of smaller amounts.

From TnC, I intepret that the $30 limit includes CashBack, Bonus & Referral awards.

If so, the issue could be :

After 3 x $500 withdrawals in a week, the $1 Bonus will be unlocked

Accumulated Rewards = 7.5 (redeemed at 2nd) + 7.5 (redeemed at 3rd) + 7.5 + 1 = 23.5

at 4th $500 withdrawal, it would push the Reward over $30 for the month ... not sure if partial reward of $6.5 will be given instead ?

To avoid this, the 3rd withdrawal should be less that $30 ??

or just do $430 for 4th withdraw to get $6.45 reward ?
 

swathe

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TLDR: For those who are out to maximize cash back.

1. Withdraw $500 2 times per week, and a total of 5 times per mth. This is so that you will not trigger the bonus cashback which is explained in 2). Note that cash back is only avail on the first transaction per day

2. DO NOT withdraw the $1 bonus cash back, because when you do, you cannot maximise the $30 cashback. Rules are withdrawal of $2500 per mth and max. of $30 per month of cashback.

3. If by now, you have the $1 cashback, wait for it to expire.

Good summary. So we wait for the $7.50 to build up to $30 then withdraw as a whole before the start of next month?
 

maple96

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From TnC, I intepret that the $30 limit includes CashBack, Bonus & Referral awards.

If so, the issue could be :

After 3 x $500 withdrawals in a week, the $1 Bonus will be unlocked

Accumulated Rewards = 7.5 (redeemed at 2nd) + 7.5 (redeemed at 3rd) + 7.5 + 1 = 23.5

at 4th $500 withdrawal, it would push the Reward over $30 for the month ... not sure if partial reward of $6.5 will be given instead ?

To avoid this, the 3rd withdrawal should be less that $30 ??

or just do $430 for 4th withdraw to get $6.45 reward ?

I will update u after I try $430 tomorrow (same thinking as u), this will offset my $1. Then Wed I will test.
 

devion

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For the 1.5% promo, appears that the limit of ** is $30 per month excludes the usual other ** of $1..etc. Also it is the ** that u redeemed for the mth & not earned. I had ** from 31st Jul & only redeemed on 8/1. That amt redeemed on 8/1 is counted in current month $30 limit.
 

maumu

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sorry ah, still quite curious about this.

do you just approach the counter person to say you want to withdraw $500 using socash app? if you repeat the process like 3, 4 times to the same shop... will feel pai seh or not :o
 

oceanicmanta

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For the 1.5% promo, appears that the limit of ** is $30 per month excludes the usual other ** of $1..etc. Also it is the ** that u redeemed for the mth & not earned. I had ** from 31st Jul & only redeemed on 8/1. That amt redeemed on 8/1 is counted in current month $30 limit.

how can u tell that the Jul ** is counted as Aug $30 limit ?
 

oceanicmanta

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sorry ah, still quite curious about this.

do you just approach the counter person to say you want to withdraw $500 using socash app? if you repeat the process like 3, 4 times to the same shop... will feel pai seh or not :o

that's why most chiong SS :o
 

Squaredot

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sorry ah, still quite curious about this.

do you just approach the counter person to say you want to withdraw $500 using socash app? if you repeat the process like 3, 4 times to the same shop... will feel pai seh or not :o

I guess it's super pai say :o especially when there is a Q behind u or the cashier giving u the look. But I'm just saying, never done it before :s13:
SS machine is a blessing.
 

maumu

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I guess it's super pai say :o especially when there is a Q behind u or the cashier giving u the look. But I'm just saying, never done it before :s13:
SS machine is a blessing.

do all SS have that $tm machine? or how do we know that there's sufficient cash from it?
 

Trazora

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For the 1.5% promo, appears that the limit of ** is $30 per month excludes the usual other ** of $1..etc. Also it is the ** that u redeemed for the mth & not earned. I had ** from 31st Jul & only redeemed on 8/1. That amt redeemed on 8/1 is counted in current month $30 limit.

Think they count the cashback earned on 31st jul as Aug.
 

oceanicmanta

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Think they count the cashback earned on 31st jul as Aug.

not sure if that's the case ... I earned $8.5 cashback + bonus for my 31 Jul withdrawal.

in Aug, I have also received $30 cashback for my 4x withdrawals

... really dont know how limits r applied :(
 

Trazora

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not sure if that's the case ... I earned $8.5 cashback + bonus for my 31 Jul withdrawal.

in Aug, I have also received $30 cashback for my 4x withdrawals

... really dont know how limits r applied :(

Oic. So you did not get the $1 for withdrawal in the week in Aug? Also are you able to withdraw now given already withdrawn $2000
 
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oceanicmanta

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Oic. So you did not get the $1 for withdrawal in the week in Aug? Also are you able to withdraw now given already withdrawn $2000

I think my Bonus $1 wld only be unlocked on my next withdrawal

so far, only recorded having 20 pts (30 pts to unlock) from 2 withdrawals on 3 & 4 Aug

so it seems my reset date is 3 Aug, as I had a $1 awarded on 29 Jul ... could this mean reset frequency is calendar week (instead of 7 days from 1st txn) ?
 
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