Close

    Compare, check your eligibility and apply for credit cards online.

    POSB Cashback Credit Cards is Rated as "Excellent!" by 4 Users

    Fees & Charges

    Promised Interest Rate

    Customer service

    Responsiveness

    Credit Card BYTES FROM OUR KITCHEN

    The Post Office Savings Bank is commonly referred to as POSB. The bank was renamed as POSB in the year 1990. The bank was established in the year 1877 in Singapore. Since its very inception, the bank maintained a tradition to provide the people of the island with financial services and banking products at significantly low costs. DBS bank acquired POSB in the year 1998 and since then, POSB has continued to offer its financial solutions under the banner of DBS. DBS has however promised to continue the tradition of POSB and serve its customers in the same manner POSB did before the acquisition. After the merger of the two banks, the banks have tremendously increases their customer base and their customers benefit from offers provided both, DBS and POSB. POSB provides an array of banking products that include debit and credit cards, fixed deposits, personal loan, education loan, renovation loan, insurance, investment and many more.

    POSB Everyday Card

    The POSB Everyday Card is a true rebates credit card and is packaged with all the features that make this card Singapore’s favorite card.

    Cashback Features and Benefits of POSB Everyday Card

    • You will earn up to 6% cash rebates on purchase of your daily essentials with POSB’s everyday partners that include –
      1. AirAsia
      2. EZ-Reload
      3. Sheng Siong
      4. SPC
      5. SP Services
      6. StarHub
      7. Watsons
    • You will earn a 5% cash rebate on all your dining expenses, every single day.
    • You will earn a 5% cash rebate on all your grocery expenses at Sheng Siong. Additionally, you will earn a 3% cash rebate on all other purchases at supermarkets across the island.
    • You will earn a 3% cash rebate at one of the leading health, beauty and personal care store – Watsons.
    • You will earn a 3% cash rebate when you purchase flight tickets at AirAsia.com
    • You will earn a 1% cash rebate on your taxi fares when you use Comfort or CityCab.
    • You will earn a 2% cash rebate when you activate your EZ-Reload
    • You will earn a 1% cash rebate on your parking fees when you pay for your HDB Season Parking renewal fee online.
    • You will earn a 1% cash rebate when you pay for your recurring utility bills from SP Services.
    • You will also earn a 1% cash rebate when you pay for recurring bills from digital cable, StarHub mobile, broadband bills and other in store purchases.
    • You will also earn a 1% cash rebate when you make purchases at UrbanWrite and POPULAR.
    • You will earn 4% cash rebate or 2X cash rebate for your overseas expenditure when you spend a minimum of SGD 1000 on your retail transactions each calendar month. However, this cashback will not be applicable for overseas purchases in Singapore Dollars or for purchases made without your credit card such as online transactions or transactions via the phone or mail order in foreign currency.
    • You will earn a 0.3% cash rebate on all other purchases.

    Top Participating Merchants for Earning Cash Rebates Using Your POSB Everyday Card

    Shopping and Entertainment –

    • Americaya – Earn 10% cash rebates on regular priced products.
    • Camper's Corner Outdoor Outfitters – Spend a minimum amount of SGD 30 on regular priced products and earn a cash rebate of 15%.
    • Crocodile – Earn a 10% cash rebate on purchases.
    • EpiCentre - Earn a 5% cash rebate on purchases.
    • Pet Lovers Centre - Spend a minimum amount of SGD 20 on regular priced products and earn a cash rebate of 5%.
    • Singapore Color Centre – You can earn a cash rebate of 10% on developing services.
    • Standard Photo - You can earn a cash rebate of 10% on developing services.
    • Global Holidays – You will earn a cash rebate of 1% on all air packages.

    Child Enrichment –

    • Genius R Us – Earn a 15% cash rebate on Kidz Can Bake workshop.
    • KinderGolf – Earn a cash rebate of 5% on a trial class.
    • Julia Gabriel Centre for Learning – Earn a cash rebate of 5% on all Mandarin EduDrama programmes.

    Family Fun –

    • 4D Magix Sentosa – Get a 15% discount on your admission ticket.
    • Mint Museum of Toys - Get a 30% discount on your admission ticket.
    • Asian Civilisations Museum - Get a 20% discount on your adult admission ticket

    Relax, Rest and Rejuvenate –

    • Aura & Miracles – Get a 60% cash rebate on your first trial and 5% cash rebate on packages.
    • Touche – Get a cash rebate of 10% on aesthetic packages.

    Motoring and Transport –

    • Hawk Rent A Car – You can avail a 40% cash rebate on the standard rates.
    • Hock Cheong Car Care – Earn a cash rebate of 2%.
    • Speedycare - Earn a cash rebate of 2%.

    Earn Cash Rebates for Recurring Bill Payments using your POSB Everyday Card

    You will get rewarded with cash rebates when you pay your recurring bills using your POSB Everyday Card. The following are the participating billing organizations where you can offset your purchases on the spot at more than 400 participating merchants –

    • SP Services
    • M1 Limited
    • StarHub Ltd
    • MSIG
    • Prudential
    • Town Councils 

    Redeeming Your Cash Rebates using your POSB Everyday Card

    You can redeem your cash rebates or DAILY$ earned in 2 different ways –

    • You can redeem your cash rebates through instant redemption – You can offset your purchases on the spot at more than 400 participating merchant outlets including the following –
      1. Watsons
      2. SPC
      3. StarHub
      4. SP Services
      5. Popular/Harris/ Urbanwrite/ Prologue
      6. Pet Lovers Centre
    • You can redeem your cash rebates online – Online Redemption through iBanking – You can offset your credit card bills and also redeem your vouchers for CityCab and Comfort cabs.

    Fees and Charges for POSB Everyday Card

    • Principal Card – The annual fee for the principal card is SGD 128.40.
    • Supplementary Card - The annual fee for the supplementary card is SGD 64.20.
    • Enjoy a fee waiver on the annual fee for the first 2 years.
    Item/ Product Charges
    Late Payment Charge – If Outstanding balance is up to SGD 50 NIL
    Late Payment Charge – If Outstanding balance is above SGD 50 SGD 60
    Minimum Monthly Payment 3% of statement balance OR SGD 50, depending on which is greater
    Interest Adjustment Rate If minimum payment is not received on due date, an additional interest rate of 3% will be added to the existing interest rate
    Cash Advance Fee 6% of the amount withdrawn (a minimum charge of SGD 15 will be applicable)
    Finance Charges 28% per annum

    Eligibility Criteria for POSB Everyday Card

    • Nationality Criterion - Singapore Citizens (SCs), Singapore Permanent Residents (PRs) and Foreigners are eligible to apply for this credit card.
    • Minimum Age Criterion – the applicant must be at least 21 years old or above.
    • Minimum Income Criterion – Singapore Citizens (SCs) and Singapore Permanent Residents (PRs) must earn a minimum income of SGD 30, 000 and above. Foreigners must earn a minimum income of SGD 45, 000 per annum.

    Documentation Required for POSB Everyday Card

    Salaried employees will need to submit the following documents –

    • A front and back copy of their NRIC
    • Any One of the following documents as income proof –
      1. CPF Contribution History Statement for the last 12 months
      2. Your most recent computerized payslip
      3. Salary crediting into POSB or DBS account
      4. Latest Income Tax NOA (Notice of Assessment) + any one of the aforementioned documents

    Commissioned employees and employees earning a variable income will need to submit the following documents –

    • A front and back copy of their NRIC
    • CPF Contribution History Statement for the last 12 months OR
    • Last 2 years Income Tax NOA (Notice of Assessment)

    Self – employed individuals will need to submit the following documents –

    • A front and back copy of their NRIC
    • Last 2 years Income Tax NOA (Notice of Assessment)

    Foreigners will need to submit the following documents –

    • A valid Passport + Employment Pass with validity of at least 6 months
    • Your latest Computerized payslip (in Singapore Dollars) OR
    • Your latest Income Tax NOA (Notice of Assessment) OR
    • A letter issued by your company certifying your employment as well as salary (in Singapore Dollars)
    • Also, in case of being granted Singapore citizenship or Permanent Resident status at any point, please update the bank immediately regarding the same.

    When applying for a supplementary POSB Everyday Card, the applicant will need to submit the following documents –

    • A front and back copy of their NRIC OR their Passport
    • If the applicant is younger than 18 years old, they will need to additionally submit one of the following –
      1. An acceptance letter from an overseas institution in order to confirm they are going for overseas education OR
      2. A letter confirming that they are traveling for at least 1 month

    Applying for POSB Everyday Card

    • If you are existing POSB customer, you can apply for this credit online via iBanking.
    • If you are not an existing POSB customer or if you do not have access to iBanking, you can apply online by filling in the application form available on the official POSB website.

    Frequently Asked Questions

    1. What cash rebate will I get on my dining purchases using my POSB Everyday Card?
    2. When you use your POSB Everyday Card for your dining expenses, you will earn a cash rebate of 5%. This cash rebate is applicable on dining everywhere, every single day. The dining expenses include local purchases made at bars, restaurants, fast food outlets, cafes, establishes and caterers. The cash rebate on dining expenses does not include food and beverage purchases made at wedding banquets and hotels.

    3. On what recurring bills paid using my POSB Everyday Card will I earn cash rebates?
    4. You will earn a cash rebate of 1% when you pay your recurring utility bill at SP Services. You will also earn a cash rebate of 1% when you pay your recurring bills at digital cable, StarHub mobile, broadband bills and other in store purchases using your POSB Everyday Card. Other telecommunication partners of POSB that will earn you cash rebates include M1 Limited, MSIG, Prudential and Town Councils.

    5. What cash rebate will I earn when I make purchases at Watsons using my POSB Everyday Card?
    6. You will earn a cash rebate of 3% when you use your POSB Everyday Card to make purchases at the leading personal care store, Watsons.

    7. Are foreigners eligible to apply for a POSB Everyday Card?
    8. Yes. Foreigners who meet the eligibility criteria can apply for the POSB Everyday Card. The foreigner applicant must be at least 21 years of age and must have an income of a minimum SGD 45, 000 per annum. They must submit their valid passport and their employment pass having a minimum validity of 6 months. Additionally, they must also provide one of the following - their latest computerized payslip, an employment letter from the company certifying their employment and salary or their latest Income Tax NOA (Notice of Assessment).

    9. How do I redeem the cash rebates on my POSB Everyday Card?
    10. You can redeem your cash rebates or Daily$ in two different ways –

      • Instant Redemption
      • You can redeem your cash rebates through instant redemption by offseting your purchases on the spot at more than 400 participating merchant outlets including the following – Watsons, SPC, StarHub, SP Services, Popular/Harris/ Urbanwrite/ Prologue, Pet Lovers Centre and many more.

      • Online Redemption through iBanking
      • You can redeem your cash rebates online – Online Redemption through iBanking – You can offset your credit card bills and also redeem your vouchers for CityCab and Comfort cabs.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.