There seems to be competition among the banks in Singapore which is good for consumers as they start to give more interests and benefits to get more customers. Previously, many cashback cards were launched with no minimum spend and no other conditions. You get cashback for any spending.
Today, there's a new cashback card which gives up to 3% cashback. This is the NEW Standard Chartered Spree Credit Card. Again, to match the competition in the market, there is also no minimum spend to get cashback. Here are the details I managed to pull out from the bank:
- No minimum spend and up to $60 cashback monthly
- Earn 3% cashback on all online spends in foreign currency and all vPost spends
- Earn 2% cashback on all online spends in local currency, all contactless and mobile payments
- Earn 1% cashback on all other retail spends
- Many other privileges for Singapore Post and vPost services
- Annual fees waived for 2 years
- Minimum annual income of $30,000 for Singapore Citizens and PR
This card seems to offer the highest cashback of 2% for all online spend and also all contactless and mobile payments. Its easy to find contactless payments now all around Singapore which shouldn't be hard to get the 2% cashback. Just use visa pay wave easily at many locations island wide.
If you're interested, apply from now till 15 November to get $150 Grab Gift for use for your Grab car rides. This is for new SCB cardholders only and not eligible for any other promotions from the bank. Apply here today to get your $150 Grab Gift and get your cashback started!
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