Thursday, June 30, 2016

SCB $138 CC Rebate Extension

For those who are in the know about credit cards, SCB actually has been running a promotion since the Q2 of this year to try and get more sign ups on their credit cards.

Gone are the days of ridiculous and shitty luggages as free gifts for signing up. Now you get $138 in cash back! Or $100 if you sign up at an outlet or by one of those people on the streets. I suppose they are trying to funnel people to use their online services. It's probably faster and easier to process, with less mistakes, and also less commission fees, which is why the cashback is higher for the online sign up than the other methods!

I've been wanting to sign up for the Singpost SCB card because it gives 7% rebates on online shopping (with $600 min spend... very critical!), and this includes plane tickets and accommodation! Bundled together with the $138 cashback, spending $1000 would yield cashback of $198, or almost 20%!

Do note that the cashback is only valid for 6 months, and the card needs to be charged at least 3 times in the first 60 days.

The good news is that the original promotional period was supposed to end on 30th June. However, I have just checked out their website and they have extended the promotion until 30th September!

Most likely my plan is to just wait until mid September, and then I'll be applying for the card. Once I get the card, I'll be using it to pay for my overseas trip that I am planning at the start of 2017! Woohoo!

Charge $1000 and get 20% is not bad right? Good lobang hor! Don't say I bojio!

(and FYI, I don't get anything from SCB or anyone by sharing this info!)

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