POSB Everyday Card offers promotional rebates that are not merchant specific

POSB Everyday Card does offer promotional rebates that are not merchant specific were cardholders earn up to 15% cashback on online food delivery and public transport bus and MRT rides, as well as 5% at restaurants, cafes, and other dining outlets. One drawback is that these promotional rates are contingent on reaching a Personalised Spend Goal, which DBS assigns on a person-to-person basis according to average spending patterns. If a cardholder fails to meet this minimum, they will only be rewarded with a base rebate of 0.3%.

Products mentioned by this review

POSB Everyday Card

POSB Everyday Card offers you up to 15% cash rebates for everyday essentials. POSB Everyday provides great benefits that will surely make you enjoy your spending. You can be fooled by its looks but don't be, it’s actually one of the best cashback credit cards for cash rebates at Sheng Siong, Watsons and SPC petrol kiosks.

4

5

Providers mentioned by this review

DBS Bank

DBS Bank Ltd, earlier known as The Development Bank of Singapore Limited and "people's bank" respectively, is a multinational banking and financial services corporation. DBS Bank is a technological forward bank that beliefs in continuously reinventing itself to provide simple, fast and contextual banking solutions and experiences. DBS is highly acclaimed for its leadership in digital and has garnered more than 20 global accolades. It was titled "World's best bank" by Euromoney in 2019 and also won Global Bank of the year from The Banker and Best Bank in the world from the Global Finance in 2018. All these victories make it the first bank in the world to hold three of the most prestigious global best bank honors at the same time. DBS operates in 18 markets globally, including six priority markets in Asia, namely Singapore, Hong Kong, China, India, Indonesia, and Taiwan. Hence it is the only Asian bank which operates in the three key axes of growth - Southeast Asia, Greater China

no reviews

5

Please leave your knowledge and opinion!

Recommending Reviews

Cool card that is all about rebates and more rebates

This card is perfect for my everyday use, starting from the 15% cash rebates on dining, bus and MRT rides, the 5% cash rebates when I decide to shop at Sheng Siong and 3% cash rebates at Watsons. It is a good card to have overall and actually one of the best cashback credit cards for cash rebates at Sheng Siong, Watsons and SPC petrol kiosks.

POSB Everyday Card / DBS Bank

The POSB Everyday Card is a great option for moms and families who spend across a variety of categories

The POSB Everyday Card is a great option for moms and families who spend across a variety of categories. While rates may differ with different promotional offerings, cardholders are frequently rewarded with high rates for spend in essential categories. For example, consumers typically earn rebates of up to 15% on dining, groceries, transport, personal care and utilities, plus up to 20% in fuel savings. Even with its annual fee of S$192.6 waived the first year, average spenders can quickly recoup the cost while earning additional rewards for daily spend.

POSB Everyday Card / DBS Bank

POSB Everyday Card offers families and average spenders a convenient way to earn cashback for diversified spend

POSB Everyday Card offers families and average spenders a convenient way to earn cashback for diversified spend. Consumers earn rebates on dining, groceries, petrol, health and wellness, transport, and even recurring bills which are often excluded from cashback rates. Although some rates apply only to specific merchants, they are mostly big brands offering up to 20.1% petrol savings with SPC, 15% rebate with Parking.sg, 5% with Gojek, Ryde, & Comfort del Gro, 5% at Sheng Siong, and 3% on wellness products at Watsons. Consumers also earn 1% cash rebate on recurring bills with select merchants, but earnings are capped at just S$1 per month, which is quite low.

POSB Everyday Card / DBS Bank

Card proves an exceptional fit for those with a high volume of spend on daily essentials

While POSB Everyday Card is very versatile, category rewards rates may still be lower than some competitors. For instance some offer 10% cashback on dining, transport, medical spend and more, and OCBC 365 Card offers 3% cashback on recurring telco and electricity bills. Nonetheless, POSB Everyday Card often offers promotional rates in key categories like dining and transport that boost the card's value significantly. Overall, POSB Everyday Card proves an exceptional fit for those with a high volume of spend on daily essentials. While the annual fee of S$192.6 is waived for only the first year, the broad range of cashback opportunities allow average consumers to quickly recoup this cost while continuing to earn rewards.

POSB Everyday Card / DBS Bank

In my opinion the best cashback for the POSB Everyday Card is for petrol at SPC 6% bonus cashback

The POSB Everyday Card probably owes its reputation to its key bonus rebates for Sheng Siong and Watsons, where you can earn 5% and 3% cashback respectively. For the former, cashback is capped at $50, which means you can spend up to $1,000 per month. In my opinion the best cashback for the POSB Everyday Card is for petrol at SPC 6% bonus cashback and a direct 15% discount when you use it with an SPC&U card.

POSB Everyday Card / DBS Bank

Recommending Forums

Do I have to credit my POSB Everyday card to my Multiplier to fulfil its credit card component?

No there is no need to link the POSB Everyday card to any of your existing bank accounts. Basically you pay your monthly credit card bill by transferring the money from any of your bank accounts. At the end of the day, you will still qualify for interest rate. Hope this helps!

POSB Everyday Card

Should I auto top-up my travel card with my POSB Everyday card or do I rather use it as an Ez-link?

There is not much difference if you decide to use it as EZ Link or use it to top up another travel card. Both ways you get to clock your credit card spending assuming you use the POSB everyday card to top up your other travel card. In my case, My POSB Everyday card is used as an EZ Link card and has auto top-up. The only cons of using POSB Everyday card as EZ Link, is that if you cancel the card, then you have to set up another EZ Link auto top up again. Other than that there really isn't much benefit or difference and it’s up to personal preference. I am just lazy too carry around so many cards.

POSB Everyday Card

Hello everyone, how much percentage of cash rebates can I earn on daily essentials with the new POSB Everyday Card?

When it comes to your needs for your daily essentials, the brand new POSB Everyday Card is more than sufficient to meet them with more rebates on dining, transport and utilities. Up to 15% cash rebates on Public Transport (Bus/MRT), Parking.sg, Gojek, Ryde and Taxi rides, and Up to 6% cash rebates at SPC, Sheng Siong, Watsons, Starhub, SP Group, Best Electricity, Geneco, iSwitch, Sembcorp Power*NEW* , Tuas Power, Union Power and OHM with no minimum spend required. Furthermore you can 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.

POSB Everyday Card