POSB Everyday Card

Last updated:May 2019
Offers
Benefits
Eligibility
APR/ FEES

Offers

Welcome Offers from POSB

OFFER 1

15% cashback on dining

  • 15% cash rebates on dining when you spend a minimum of S$800 in a calendar month
  • Cash rebate capped at S$50 per calendar month
  • Terms and Conditions apply.

Need some help?

No worries, we've got you covered!

How do credit cards work?

A credit card lets you pay for purchases both in shops and online without paying cash. You usually get slightly more than a month to pay that amount back to the bank without incurring any interest. However, if you do not pay the full sum before the due date, an interest (up to 24% - 28% per annum.) is charged on the outstanding amount. Banks usually require you to pay a minimum sum each month.

What's the difference between credit cards and debit cards?

When you apply for a credit card, you get a credit limit, which is usually two to four times your monthly salary. You draw down on this credit limit when you make purchases and then repay the bank at the end of the month. With a debit card, however, the exact purchase amount is deducted directly from an account that's linked to the debit card. If there are insufficient funds in the account, the transaction will not go through.

How do I apply for a credit card?

You can apply for a credit card online or through forms available at banks or shopping malls. Fill up the personal details required, submit the relevant documents and wait for the application to be approved.

When can I apply for a credit card?

You must be at least 21 years old to apply for a credit card. Some banks allow student credit cards to be issued to those aged 18. The minimum age for a supplementary card holder is also 18 years old.

Up to 15% cash rebates and sweeter deals on everyday essentials.

Up to 15% cash rebates and sweeter deals on everyday essentials.

Daily Expenses
Annual Fee Waiver
Daily Expenses
Annual Fee Waiver

Great for

New customers: get 15% cash rebates for online food delivery and online food catering. Spend a min. of S$800 per calendar month to qualify.
Up to 6% cash rebates at SPC, Sheng Siong, Watsons, Starhub, SP Group, Best Electricity, Geneco, iSwitch, Tuas Power and Union Power. (with no minimum spend!)
Use it as an all-in-one card for your daily essentials, MRT/bus rides and ATM cash withdrawals. And your cash rebates never expire.
Enjoy 20.1% savings at SPC, 5% cashback at Sheng Siong, 3% cashback at Watsons, 1% cashback on bill from SP Services, 1% cashback on StarHub recurring bills, and 0.3% on everything else
Annual fee waiver of 1 year.

Need to know

Min. income requirement for Singaporeans/PRs: S$30,000 & min. income requirement for Foreigners: S$45,000

Benefits

Year-round rewards

Cash rebate
Air miles rewards
Cash rebate
All Spending
0.3 %
Dining Spending
15 %
Local Spending
15 %

Eligibility

APR/ FEES

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