soCash

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duststorm

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1st 4 days withdraw $500 per day to earn $7.5 and points
Today withdraw $50 earn points and $1

TsukiSG said:
Just came back from SS, confirm they are using accumulated withdraw amount to calculate your cashback (instead of cashback earned), so weekly $1 bonus and referral $3 bonus won't contribute to the $30 cap.

My withdrawals history:

D1: $500, use $7.5 **, earn $7.5 ** + 10pts
D2: $500, use $7.5 **, earn $7.5 ** + 10pts
D3: $500, use $7.5 **, earn $7.5 ** + $1 **
D4: $400, use $7.5 **, earn $6 ** + 10pts
D5: $100, use $1 **, earn $1.5 ** + 10pts

Will continue $50 tmr for redemption of cashback and earning points.


Tips for maximum cashback:

Stage 1:

1. Do one withdraw of $500 per day for 4 days, to earn $7.5 cashback each.

2. NEVER WITHDRAW MORE THAN ONE TIME IN A SINGLE DAY when you are in stage 1. If you already do so, then in your last withdrawal, you should withdraw $2000 minus your current month total withdrawal amount. Otherwise if you withdraw more, you’ll get NOTHING.

3. Weekly $1 bonus and referral $3 bonus won't contribute to your $30 cap.

Stage 2:

4. After 4 days, you can withdraw more to redeem your cashback and earn weekly $1 bonus.
Click to expand...
 
O

oceanicmanta

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maple96 said:
I guess Sheng Siong is the main sponsor, they make lots of profits and give double dividends. If we are helping them to recycle cash fast, maybe they will consider to extend their sponsorship :s13:
Click to expand...

support 千倍 千倍 千倍

share price also shot thru roof these few days CD :D
 
IronMan123

IronMan123

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maple96 said:
I guess Sheng Siong is the main sponsor, they make lots of profits and give double dividends. If we are helping them to recycle cash fast, maybe they will consider to extend their sponsorship :s13:
Click to expand...

Not just SS has **. Notice Haomart and U stars supermarket also have 1.5% **. But the later 2 need to withdraw at the cashier which is a big NO. Only SS is the best.
Posted with iPhone HardwareZone Forums app
 
P

Pathfinders

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So here is my cash withdrawal in past few days

31/7. 500 ** 7.5
1/8. 500 ** 7.5
2/8. 500 ** 7.5+1 bonus

3/8. 500 ** 7.5. (10 points)
4/8. 400 ** 6. (10 points )
5/8. 100 ** 1.5 (10 ponts) + $1 bonus

It seems $1 bonus has nothing to do with $30 **.

I guess I am done this month.
 
D

devion

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Pathfinders said:
So here is my cash withdrawal in past few days

31/7. 500 ** 7.5
1/8. 500 ** 7.5
2/8. 500 ** 7.5+1 bonus

3/8. 500 ** 7.5. (10 points)
4/8. 400 ** 6. (10 points )
5/8. 100 ** 1.5 (10 ponts) + $1 bonus

It seems $1 bonus has nothing to do with $30 **.

I guess I am done this month.
Click to expand...

I think u only redeemed $22.5 instead of $30 in Aug.
On 3/8, when u draw 500, u redeeming the $1 bonus
So the $7.50 u saw was for 2/8 **.
I think u check again ur bank acct, how much ** u did really redeemed in Aug.
 
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Pathfinders

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Hi so it count in redeem? Not cashback? Anyway, will try the other day

devion said:
I think u only redeemed $22.5 instead of $30 in Aug.
On 3/8, when u draw 500, u redeeming the $1 bonus
So the $7.50 u saw was for 2/8 **.
I think u check again ur bank acct, how much ** u did really redeemed in Aug.
Click to expand...
 
T

TsukiSG

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devion said:
I think u only redeemed $22.5 instead of $30 in Aug.
On 3/8, when u draw 500, u redeeming the $1 bonus
So the $7.50 u saw was for 2/8 **.
I think u check again ur bank acct, how much ** u did really redeemed in Aug.
Click to expand...
Pathfinders should redeemed $31 (7.5+7.5+7.5+1+7.5) in Aug and still have $8.5 (6+1.5+1) in his cashback wallet, which can be redeemed with 3 more withdrawals.

Pathfinders said:
Hi so it count in redeem? Not cashback? Anyway, will try the other day
Click to expand...
Actually count in amount withdrew. You can try $50 tmr to redeem cashback and see can still earn points or not.
 
M

maumu

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i think perhaps it's more useful to state the amount deducted from bank account as well.

e.g. for me,

4/8 - withdrew $500, deducted $497 ($3 referral reward): 10 points + $7.50 reward in wallet [reward/cashback redeemed: $3]

haven't done 2nd transaction yet :p
 
D

devion

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In month of Aug, not counting 1/8 redemption because that is for 7/31 **.
Reason I ask bcos it seems like he did get $30 ** from Aug transactions but I doubt it....his situation is similar to mine, where the amt redeemed on 1/8 is counted inside Aug $30 limit.

I tried again today to see whether I am able to get 1.5% ** since I only got 3x $7.5 ** for Aug & $30 redeemed in Aug. I did not not get e 1.5% ** in my latest withdrawal.
So it is firmed that the limit of $30 is base on amount redeemed in the mth.
 
T

TsukiSG

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devion said:
In month of Aug, not counting 1/8 redemption because that is for 7/31 **.
Reason I ask bcos it seems like he did get $30 ** from Aug transactions but I doubt it....his situation is similar to mine, where the amt redeemed on 1/8 is counted inside Aug $30 limit.

I tried again today to see whether I am able to get 1.5% ** since I only got 3x $7.5 ** for Aug & $30 redeemed in Aug. I did not not get e 1.5% ** in my latest withdrawal.
So it is firmed that the limit of $30 is base on amount redeemed in the mth.
Click to expand...
Saw your txn history posted before.

You have done a second withdrawal of $30 on 1/8.

On 4/8 after you did $500 withdrawal, your month total withdrawal amount became $2030, therefore for this txn you got 0 cashback.

You can refer to the formula I posted before:

TsukiSG said:
if PT+CT<=2000:
then **=CT*1.5%

PT: Previous accumulated txn amount for this month
CT: Current txn amount
**: Cashback earning from current txn

Weekly $1 bonus and referral $3 bonus won't contribute to the $30 cap.
Click to expand...
 
Last edited:
heng_ah

heng_ah

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devion said:
In month of Aug, not counting 1/8 redemption because that is for 7/31 **.
Reason I ask bcos it seems like he did get $30 ** from Aug transactions but I doubt it....his situation is similar to mine, where the amt redeemed on 1/8 is counted inside Aug $30 limit.

I tried again today to see whether I am able to get 1.5% ** since I only got 3x $7.5 ** for Aug & $30 redeemed in Aug. I did not not get e 1.5% ** in my latest withdrawal.
So it is firmed that the limit of $30 is base on amount redeemed in the mth.
Click to expand...
TsukiSG said:
Saw your txn history posted before.

You have done a second withdrawal of $30 on 1/8.

On 4/8 after you did $500 withdrawal, your month total withdrawal amount became $2030, therefore for this txn you got 0 cashback.

You can refer to the formula I posted before:
Click to expand...

I think you guys over-analysing it already.... LOL....

Just to share my experience.
I made $500 socash withdrawal everyday from 31 Jul to 05 Aug (except for 02 Aug as I forgot to go SS hahaha)

See my screenshot below.

Red box = ** that I have earned in Aug ($31 as of 05 Aug only)
Blue box = ** that I have redeemed in Aug ($23.5 as of 05 Aug only)

SViifSCl.jpg


- There is no correlation for between ** redeemed in the month for awarding **. It is based on withdrawal amount (1st of the day).
- Limit for 1.5% promo ** ($30) is counted separately from other promo ** (such as referral promo, 3x withdrawal promo, etc) .
- From my recent conversation with CSO, for now they only restrict by $1000 daily limit. They have lifted the $2000 monthly limit, not sure when they will impose it again.
- Potentially the total earned/ redeemed ** (for all promo category) can exceed $30 in Aug.

:D
 
Last edited:
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