Effective Rebate
| Card | Advertised | Effective |
|---|---|---|
| OCBC Frank Credit Card | - | 5.1%* (Top and Tap only) |
| SCB Bonus$aver | - | 7~8%* |
UOB One Card |
- | Ard 3%* |
NTUC Plus! Visa Credit Card or Plus! Visa Card |
2% | 1.5% (EZ-Reload only) |
| POSB Everyday Card | 2% | 1.5% (EZ-Reload only) |
| Citibank SMRT Platinum Visa Card | 2% | 0.87% (EZ-Reload only) (1.2% or 1.5% for advanced user) |
| HSBC Revolution Card | 7% | Ard 0%# |
| ANZ Platinum Card | 5% | Ard 0%# |
#: Very hard to fulfil the eligibility. Please check corresponding website if you want to know more details
How did we calculate the Effective rebate? The rule is very simple:
([Earned Rebate] - [Fees])/[TopUp]
- EZ-Reload: you need to pay S$0.25 convenience fee each time.
- Let's take Citibank SMRT card as an example. The default top up amount will be S$30, thus the effective rebate will be: (30 * 1.7% - 0.25) / 30 = 0.87%
- While for an advanced user, they will change the top up amount to S$50, but it's not easy to eligible to 2% rebate. Thus the effective rebate will be: (50 * 1.7% - 0.25) / 50 = 1.2%
- Top and Tap: you need to pay S$0.90 convenience fee while topping S$100.
- Take OCBC Frank card as an example, if you charged more than S$500 in this month, which includes S$100 to your ez-link card (via Top and Tap), the effective rebate will be: (100 * 6% - 0.90) / 100 = 5.1%
Recommend cards
- For normal users, I would like to recommend NTU Plus! card, POSB Everyday Card, or any card with 2% rebate.
- While for advanced users, who can control their spendings, I would like to recommend OCBC Frank Card, SCB Bonus$aver, or UOB One card in order to earn more rebate.
Insinc - Get rebate while using ezLink card
Insinc let you earn rebate while using your ez-link. You could just register-and-forget, and just waiting for some small amount of surprise to be credited into your ez-link card.
You can visit here for more details.
Can you share how to get 7~8% rebate with SCB Bonus$aver?
ReplyDeleteYou should read the article "Credit cards, Saving account, and more (SG 2013)". SCB gives 1.88% for up to 25000 deposit if you full-fill the $500 (each month) min spending requirement. i.e. you will get maximum 25000 * 1.88% / 12 = S$39 per month, which is equivalent to 39/500 = 7.8%.
DeleteHi I was checking UOB one card for ezlink.. but theres no CAN number on it... how to use top and tap?
DeleteHi, you are using UOB one card to top up any other ez-link, not the UOB one card itself.
Delete