Save Money On Daily Essentials With This One Card

Fancy up to 10% cash rebates on your everyday spending with just one credit card?

Let’s be honest - no matter how frugal you are in Singapore, expenses are hard to avoid.

Whether on food delivery orders, entertainment, household expenses, or simply taking public transport, almost everyone makes purchases daily.

And since you are already spending, you might as well get some cash back while doing so.

With so many cashback credit cards available in the market, choosing the best card can get overwhelming.

Well, be confused no more, for here is the ultimate comparison guide between various cashback credit cards in Singapore and the one that offers the best cashback overall.

Cashback credit cards in Singapore

	POSB Everyday Card	Citi Cash Back Card	OCBC 365 Card
Groceries	Up to 7%	8%	3%
Online shopping	Up to 8%	0.25%	3% (online travel bookings) 0.3% (all other spend)
Dining	Up to 10%	6%	6%
Transport and fuel	Up to 20.1% fuel savings + 2% cash rebates 5% (bus/MRT rides)	Up to 20.88% fuel savings + 8% cash rebate	Up to 22.1% fuel savings + 5% cash rebate 3% (PHVs/Taxis)
Utilities	Up to 5%	-	3%
Telco	Up to 3%	0.25%	3%
Other spend	0.3%	0.25%	0.3%

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As you can see, the POSB Everyday Card rises above the rest with the most number of cash rebates for greater savings!

With the POSB Everyday Card, you can get up to 10% cash rebates when you spend on everyday essentials like dining, groceries, online shopping, transport, telco and even utilities — categories that are often excluded from rewards.

It’s an excellent option for customers seeking a convenient, well-rounded credit card for everyday use.

You are literally rewarded with free money when you spend, and there’s no way we’re saying no to that.

Unlike other credit cards that require you to spend a minimum sum to enjoy cashback, the POSB Everyday Card has no such requirement for selected categories. These include spending on groceries, Bus/MRT rides, household utilities, and at Watsons.

However, there is a minimum spend of S$800 required per month for categories such as dining, online shopping and telco to be eligible for up to 10% cash rebates

There are also some categories where there are caps imposed.

For example, you can get up to 7% cashback on Sheng Siong groceries, but it’s capped at S$30 per month. Online shopping, dining, transport and fuel are capped at S$15 a month, while utilities and telcos are capped at S$5 and S$3 per month, respectively.

Using these limits, here’s a guide for how much cash rebates you'll earn when you spend S$1,000 monthly with the POSB Everyday Card.

Category	Cash Rebates	No Min. Spend Required	Potential spend	Cash rebates you’ll get
Groceries from Sheng Siong	Up to 7%	✔	S$400	S$28
Online shopping (Shopee)	5%		S$200	S$10
Food delivery (foodpanda)	10%		S$150	S$15
MRT/Bus rides	5%	✔	S$50	S$2.50
Utility bills (SP Group)	5%	✔	S$100	S$5
Telco bill (Singtel)	3%		S$100	S$3
			S$1,000	S$63.50

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Features and benefits of the POSB Everyday Card

No minimum spending required

Groceries: 7% cash rebates at Sheng Siong

In 2021, the average Singaporean household spent close to S$400 on groceries each month.

Factoring in inflation, we probably spent more on groceries in 2022. And with the upcoming GST increase, we will definitely be spending even more next year.

Let’s say you spend around S$400 a month on groceries with the POSB Everyday Card, you can expect to get 7% cash rebates (capped at S$30 per calendar month) when you shop at Sheng Siong. This adds up to S$28 savings on your monthly grocery haul.

Fuel: 20.1% fuel savings at SPC

Is SPC your choice when it comes to petrol? If it is, good news! Because you’ll enjoy 20.1% in fuel savings when you pay with your POSB Everyday Card at SPC.

Valid till 31 March 2023, it includes a 5% DBS/POSB card discount, an SPC&U card discount, and a 6% exclusive rebate.

Cardmembers can also stand to earn an additional 2% cash rebate (capped at S$15) with their POSB Everyday Card!

But do note that cardmembers must meet the minimum spend of S$800 per calendar month to enjoy these additional cash rebates.

Click here for more details.

Bus/MRT: 5% cash rebates

Say goodbye to the times queueing up at reloading stations to top up your EZ-Link card.

Make your commute a contactless journey with the POSB Everyday Card and enjoy 5% cash rebates (capped at S$5 per calendar month) on bus and MRT rides.

Click here to find out more.

**Utilities: Up to 5%* cash rebates**

Considering how many credit cards have nerfed miles/cashback for utility payments, the POSB Everyday Card is a godsend with no minimum spend required.

Depending on your merchant, you can get up to 5% cash rebates (capped at S$5 per calendar month) when you set up recurring bill payments with your POSB Everyday Card.

5%*: SP Group, Union Power, Tuas Power, Geneco

4%**: Keppel Electric, Senoko Energy, Sembcorp Power

* 5% cash rebates on utilities refer to 3% cash rebates and additional 2% cash rebates for a promotional period from 1 Sep to 31 Jan 2023.

** 4% cash rebates on utilities refer to 2% cash rebates and additional 2% cash rebates for a promotional period from 1 Sep to 31 Jan 2023.

Click here for more details.

Shopping: Up to 5% cash rebates at Watsons and 3% cash rebates at Pet Lover’s Centre

Shopping for beauty or household supplies? Consider getting them online at Watsons, as you’ll stand to enjoy 5% cash rebates (with no monthly cap) with your POSB Everyday Card.

For those of you who are pet owners, you’ll also enjoy 3% cash rebates for purchases above S$15 (with no monthly cap) when you purchase pet supplies from Pet Lover’s Centre.

Click here for more details.

S$800 minimum spending required in a calendar month

Online shopping: Up to 8% cash rebates

Who doesn’t shop online these days? Get 5% cash rebates (capped at S$15 per calendar month) from the POSB Everyday Card when you spend at Amazon.sg, Lazada, Qoo10, Shopee, RedMart, iHerb and Taobao.

If you are a frequent shopper at POPULAR, good news!

You’ll enjoy 8% cash rebates (capped at S$15 per calendar month) when you shop at POPULAR or their online store.

Dining: Up to 10% cash rebates

Enjoy 10% cash rebates (capped at S$15 per calendar month) when you order food deliveries on platforms such as foodpanda, Deliveroo and WhyQ.

Considering how often Singaporeans opt for food delivery, the 10% cash rebates will definitely be good news to many!

For all other dining spend, you’ll be eligible for a 3% cash rebate.

Telco: 3% cash rebate

Telcos that’ll give you up to 3% cash rebates (capped at S$3 per calendar month) include:

Singtel
Singtel GOMO
StarHub
StarHub giga
M1
MyRepublic
Circles.Life

Click here for more details.

Save more with the POSB Everyday Card

Apply Now

Not a POSB Everyday Cardmember yet? Apply online now, and you will be automatically registered to enjoy up to 10% rebates on your daily essentials.

Eligibility and fees

Age: 21 years and above

Income

S$30,000 and above per annum (Singaporean and PR)
S$45,000 and above per annum (Foreigner)

Annual Fees

S$192.60 (Principal card)
S$96.30 (each Supplementary card)

Annual Fee Waiver: 1 year

Late fee: S$100 (For outstanding balance above S$200)

Finance Charges: 26.80% p.a. chargeable daily (subject to compounding)

Welcome Gift: Get S$150 cashback when you apply for the POSB Everyday Card

Promotion valid only for new DBS/POSB cardmembers

Enter the promo code 150CASH and make a min. spend of S$800 within 60 days of card approval to be eligible

Valid till 31 Jan 2023

Terms and Conditions apply

Save Money On Daily Essentials With This One Card

Kendra Tan