More reasons to apply for a credit card! SingSaver has just dropped its biggest rewards yet, and you don’t want to miss this. Right now, you can walk away with S$408 in cash—their highest cash reward ever—plus other amazing perks like an Apple iPad and more.
Here’s What’s on the Table:
S$408 Cash – Get S$370 Cash + additional S$38 Bonus Cash if you are the first 500 applicant daily
Apple iPad – Tech lovers, rejoice! Some applications come with this sleek gadget as a bonus.
Other Rewards – From Dyson Supersonic to other exclusive freebies, there’s plenty to go around!
At the same time, you will also receive a bonus CNY red packet worth up to $8,888 Cash for each application. Each red packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Earn your miles faster with one of the best cards for your travel needs. The Citi PremierMiles Card lets you redeem from the widest range of airlines, where 1 Citi Mile = 1 Mile, with KrisFlyer, Asia Miles, Qantas, Qatar, Flying Blue, and more. With no caps on miles earned, redeem your miles for flights, hotels and merchandises.
Earn 1.2 miles for every S$1 spent on all your eligible purchases with your Card
Earn 2 miles for every S$1 equivalent in foreign currency spent overseas on eligible purchases
Complimentary access to over 1,300 airport VIP lounges twice per calendar year with Personalised Priority Pass membership card. Priority Pass membership is on application basis and reserved for Principal cardholders only.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Samsonite Straren Spinner 67/24 + 2X AirTag (worth S$690), or 20K Max Miles, or S$370 Cash + S$38 Bonus Cash*
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Keep this card in your wallet. The Citi Cash Back Card is one of the best cash back card in the market, offering a whopping 8% cash back on your Groceries and Petrol, and 6% on dining, daily, worldwide. Subject to cash back cap of S$80 across all retail spend per statement month with a min. spend of S$800 per statement month.
Imagine this: every $800 spends get you $80 cash back in a month.That works out to be almost a thousand dollar of cash savings in a year!
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Hinomi H1 Classic V3 Ergonomic Office Chair (With Headrest) (worth S$659), or 50,000 Yuu Points, or S$370 Cash + S$38 Bonus Cash*
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
The Citi Rewards Card is a must-have card for those who always shop online using credit cards. Imagine earning 10X Rewards^ (4 Miles) for every S$1 spent online each time you shop.
Enjoy 10X Rewards^ (4 Miles) on online and retail purchases at Lazada, Qoo10, TANGS and more.
Earn 10X Rewards* (4 Miles) on rides with Grab, ComfortDelGro, Gojek and more
Earn 10X Rewards^ (4 Miles) on online food delivery
Earn 10X Rewards^ (4 Miles) on online groceries
Earn 1X Reward on all other spend.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Hinomi H1 Classic V3 Ergonomic Office Chair (With Headrest) (worth S$659), or 50,000 Yuu Points, or S$370 Cash + S$38 Bonus Cash*
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Not to be confused with the Cash Back Card, the Citi Cash Back+ Mastercard® is a new product launched by Citibank this year which offers a competitive 1.6% cashback on all spend categories with no cap and no minimum spend. In other words, you can accumulate as much cashback as you want each time you swipe you card. It does not expires and you can redeem it instantly on-the-go with Citi Pay with Points or for cash rebate via SMS.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Hinomi H1 Classic V3 Ergonomic Office Chair (With Headrest) (worth S$659), or 50,000 Yuu Points, or S$370 Cash + S$38 Bonus Cash*
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Citi Prestige Card is a premium credit card that offers benefits such as travel, dining and lifestyle privileges. Being a Citi Prestige Cardmember means you get access to offers handpicked for you to ensure you get the most unforgettable experiences.
Earn 3.25 Citi Dollars (or 1.3 miles) per S$1 local spend and 5 Citi Dollars (or 2 miles) per $1 overseas spend.
Enjoy unlimited complimentary access to over hundreds of VIP airport lounges for primary cardmembers and one accompanying guest. One complimentary night at any hotel of your choice with a booking of at least 4 consecutive night stay.
Enjoy six complimentary golf games at highly celebrated golf courses in Singapore, Malaysia, Indonesia and China
Savour an enchanting Four Hands collaboration presented by Citi Gourmet Pleasures
From travel and entertainment to day-to-day tasks such as organising a delivery, the global Citi Prestige Concierge team is there to support your lifestyle at home and abroad
Choose to travel in comfort to or from Changi International Airport, with complimentary one-way airport limousine transfers: Enjoy 2 complimentary rides per quarter with a minimum spend of S$12,000 within the same quarter.
Enjoy peace-of-mind when you travel abroad with their complimentary insurance
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Samsonite Straren Spinner 67/24 + 2X AirTag (worth S$690), or 20K Max Miles, or S$370 Cash + S$38 Bonus Cash*
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Unlock the power of savings with the CITI SMRT Card! Enjoy an incredible 5%* savings every time you shop at supermarkets, grocery stores, or online, and even on your daily taxi and public transport rides island-wide. Plus, earn 0.3% savings on all other retail spend. The best part? You can easily redeem your SMRT$ for cash rebates or shopping vouchers, maximizing the value of every dollar you spend. Upsize your savings and make every purchase count with the CITI SMRT Card!
*Terms and conditions apply.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Dyson Micro 1.5kg Vacuum (worth S$599), or 50,000 Yuu Points, or S$370 Cash + S$38 Bonus Cash*
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Maximize your savings and enjoy exclusive perks with the Citi M1 Platinum Visa Card! Earn up to 10% Citi M1 Rebate on your M1 recurring bills and 0.3% Citi M1 Rebate on all retail transactions^—with no expiration on your rebates. Plus, enjoy 10% off device accessories and earn up to 1% Citi M1 Rebate when you shop at M1 Stores. Stay connected worry-free with complimentary SIM card replacement for lost or damaged cards, and save more with waived activation fees for Data Passport and M1 Value-Added Services. Experience unmatched value and convenience with the Citi M1 Platinum Visa Card!
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Dyson Micro 1.5kg Vacuum (worth S$599), or 50,000 Yuu Points, or S$370 Cash + S$38 Bonus Cash*
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
How to redeem your rewards:
Search for any of the cards that matches your spending habits
Click on Apply Now and Enter your email address or Continue with Google on the new page (SingSaver will be sending the redemption instructions here. Check SPAM folder if you don’t receive any emails)
You will be redirected to the bank’s website. Complete the application form from the bank and remember to take a screenshot upon completion so you can take note of the application reference number (ARN). Here’s where to find it.
Submit your Rewards Redemption Form sent to your email and Choose your preferred rewards and submit the form.
Important: If you did not received the Rewards Redemption Form, please check your SPAM folder in your email OR drop and email to [email protected] with your application details.
Once you fulfill all the requirements (i.e. meeting the $500 mininum spend in 30 days from card approval), please allow some time for SingSaver and the bank to validate. Click here to understand more about the process.
You can click here to check the rewards redemption status or click here to check the red packets you have received.
For redemption follow-ups and enquiries, drop an email with your details to [email protected]
* +$38 Cash Flash Deal: Get an exclusive bonus of S$38 on the $370 cash reward (total $408), available to the first 500 successful applications daily.
This promotion is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Apple, Dyson or any of its subsidiaries or its affiliates. The names Apple, Dyson as well as related names are registered trademarks of their respective owners.
Discover how to use loans strategically for personal and business growth. Learn about payday loans, SME loans, and financial planning tips for a secure future.
While this may sound ordinary, loans for managing money can be more than a safety net. They can be stepping stones toward big dreams. Whether you’re looking to expand your small business, cover emergency expenses, or invest in yourself, using loans strategically can make all the difference.
Here’s a practical guide that will help you navigate financial planning with loans without getting overwhelmed.
Why Loans Are More Than Just Borrowing
Loans are mostly misconceived as a last resort for people in financial turmoil. But the fact? Loans are a powerful financial tool whenever used wisely.
Think of them as your partners in your financial journey. They are there to help you seize opportunities, solve problems, and pave the way for growth. The key lies in knowing how and when to make use of it.
1. Borrow to Invest in Yourself
Sometimes, the best investment you can make is in yourself. Be it funding a professional course, earning a certification, or pursuing a degree, using loans for education or development of skills will yield benefits over a long period of time. This kind of investment not only increases your earning potential but also makes you more competitive on the job market.
Payday loans can be a godsend to bridge quick funding to cover immediate-term expenses in pursuit of your goals.
2. Loans for Business Expansion
For most small and medium-sized businesses, it is access to capital that makes the difference in scaling up, not just staying operational. A loan for an SME can give your enterprise that boost it needs when creating new talent, making investments in new equipment, or embarking on launching a new product.
It is, therefore, more convenient for you to get your funds through a number of options specifically tailor-made in Singapore for owners of businesses.
Interested in SME loans? Take a look at Capitall to see how they can help you expand your enterprise.
3. Manage Short-Term Needs with Payday Loans
Life has a way of throwing those unexpected expenses into our laps. Be it an unplanned medical bill, urgent repairs in the house, or a travel need cropping up all of a sudden, payday loans can bring quick respite.
These loans are meant for short-term financial gaps; hence, they have shorter approval and repayment periods. Just be sure to borrow only what you can comfortably repay.
4. Consolidate Debt for Better Financial Health
Overwhelmed with a lot of loans or debts? A debt consolidation loan is one that helps you put all of them together into a single, supermanageable payment. This makes budgeting easier and can even lower your overall interest rate to save money in the long run. Consolidating debt is smart when anyone has to juggle high-interest debts.
5. Establish a Good Credit History
One of the best ways to build a strong credit history is by taking loans and repaying them in time. A good credit score opens doors to larger loans with better interest rates in the future. Start small with manageable loans, repay consistently, and watch your financial reputation soar.
6. Plan Big Life Events Without Stress
Great moments in your life, such as marriage, buying a home, or starting a family, usually bear big price tags. Loans can make such events more manageable, as the cost is divided into smaller portions over a great deal of time. Just be sure to budget well and borrow only what you’re comfortable repaying.
7. Emergency Preparedness
Nobody likes to contemplate emergencies, but one should be prepared for them. Loans act like a financial cushion during contingencies, whether it is a medical emergency or a case of sudden loss of a job. Knowing you have access to quick funding provides peace of mind during challenging times.
8. Understand the Terms of the Loan
Be certain, before signing on the dotted line, that you understand every single condition of your loan. In particular, look for:
Interest Rates: Fixed rates come with fixed, predictable payments, while variable rates can fluctuate.
Repayment Tenure: The shorter the tenure, the bigger the EMI but the lesser the overall cost.
Hidden Fees: Check for any mention of processing fees, late payment fines, or even prepayment penalties.
Take time to understand the details of what is being discussed in order to avoid surprises in the future.
9. Choose the Right Loan for Your Needs
Not all loans are created equal. Here are a few popular options:
Payday Loans: These loans are ideal for urgent short-term expenses.
Personal Loans: Great for major life events or debt consolidation.
Sites such as OMY Singapore allow you to compare loans and choose the one that fits your needs.
10. Know When to Seek Help
If you are confused about taking which loan and how much, never feel shy to go for advice. Financial experts will explain your options for you and plan your financing. Similarly, being a businessman, consulting with a financial expert can keep you correctly utilizing loans for your benefit.
Successfully Managing Loans: Tips
Taking a loan is only half the journey. The other half is taken care of when you see to it that you run it responsibly. Here come some tips:
Create a Repayment Plan: Budget your monthly income to include your loan payments.
Avoid Overborrowing: Only borrow what is truly needed.
Set Reminders: Set up an automatic deduction or calendar reminder so you will never have to worry about missing a due date.
Communicate with lenders: If you’re having trouble making payments, reach out to your lender and talk about options for restructuring or deferring.
Loans as Tools, Not Loads
The golden rule is quite simple: loans are to work for you, not against you. They’re tools to help you get to where you need to go, instead of anchors holding you down from an economic perspective.
Prepare a plan in place for how the funds are going to be utilized effectively, loans can unlock possibilities one never thought available to him or her.
Think Long-Term
While loans can solve immediate problems, they’re also an opportunity to think long-term: scale your business, build your dream home, or set yourself up for a secure financial future. The right loan can help you get there faster.
Conclusion
Loans, if correctly leveraged, can be your best allies in your journey in finance. From payday loans, for emergency needs, to SME loans for a company’s expansion, knowing how to choose and manage a loan is what makes a person financially fit.
Access to exploring choices gets easy with platforms such as OMY Singapore. The bottom line should, therefore, be to borrow thoughtfully, plan profoundly, and use loans on what you want to turn to in the future. Use proper monetary strategies to realize your objectives without compromising your financial strengths to a great extent.
All eligible customers will get an additional bonus Red Packet (worth up to $8,888)
Start your year with a wealth of rewards! SingSaver is making Lunar New Year extra special with a promotion that’s truly worth celebrating. From now until 26 January 2025, apply for selected products through SingSaver and receive a FREE Mystery Red Packet containing REAL cash prizes worth up to $8,888 on top of exclusive welcome gifts! Both rewards are stackable!
🎁 Here’s What You Can Get:
1. Exclusive Welcome Gifts – Choose from one of the incredible rewards such as:
Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499)
Dyson Supersonic (worth S$649)
AirPods 4 with Active Noise Cancellation (worth S$249)
Sony Vlog Camera ZV-1F (worth S$769)
…and more!
2. Sure-Win Mystery Red Packet – Open your packet between 27 Jan 2025 and 12 Feb 2025 to reveal a surprise cash prize, with values randomly distributed up to a grand $8,888!
Why Trust SingSaver?
SingSaver’s expert team analyses and compares over 350 financial products from more than 60 trusted financial institutions, spanning 42 categories including credit cards, loans, investments, and insurance. Learn how we monetise here.
Every month, over 2 million users visit SingSaver and Seedly, with more than 100,000 users applying for financial and insurance products through our platform. Explore our latest promotions here.
As a leading personal finance comparison platform in the Asia-Pacific region, SingSaver is part of a company publicly listed on the NASDAQ Stock Exchange (NASDAQ: MNY).
Earn your miles faster with one of the best cards for your travel needs. The Citi PremierMiles Card lets you redeem from the widest range of airlines, where 1 Citi Mile = 1 Mile, with KrisFlyer, Asia Miles, Qantas, Qatar, Flying Blue, and more. With no caps on miles earned, redeem your miles for flights, hotels and merchandises.
Earn 1.2 miles for every S$1 spent on all your eligible purchases with your Card
Earn 2 miles for every S$1 equivalent in foreign currency spent overseas on eligible purchases
Complimentary access to over 1,300 airport VIP lounges twice per calendar year with Personalised Priority Pass membership card. Priority Pass membership is on application basis and reserved for Principal cardholders only.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Samsonite Straren Spinner 67/24 + 2X AirTag (worth S$690), or 20K Max Miles, or S$378 Cash
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Keep this card in your wallet. The Citi Cash Back Card is one of the best cash back card in the market, offering a whopping 8% cash back on your Groceries and Petrol, and 6% on dining, daily, worldwide. Subject to cash back cap of S$80 across all retail spend per statement month with a min. spend of S$800 per statement month.
Imagine this: every $800 spends get you $80 cash back in a month.That works out to be almost a thousand dollar of cash savings in a year!
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Hinomi H1 Classic V3 Ergonomic Office Chair (With Headrest) (worth S$659), or 50,000 Yuu Points, or S$378 Cash
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
The Citi Rewards Card is a must-have card for those who always shop online using credit cards. Imagine earning 10X Rewards^ (4 Miles) for every S$1 spent online each time you shop.
Enjoy 10X Rewards^ (4 Miles) on online and retail purchases at Lazada, Qoo10, TANGS and more.
Earn 10X Rewards* (4 Miles) on rides with Grab, ComfortDelGro, Gojek and more
Earn 10X Rewards^ (4 Miles) on online food delivery
Earn 10X Rewards^ (4 Miles) on online groceries
Earn 1X Reward on all other spend.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Hinomi H1 Classic V3 Ergonomic Office Chair (With Headrest) (worth S$659), or 50,000 Yuu Points, or S$378 Cash
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Not to be confused with the Cash Back Card, the Citi Cash Back+ Mastercard® is a new product launched by Citibank this year which offers a competitive 1.6% cashback on all spend categories with no cap and no minimum spend. In other words, you can accumulate as much cashback as you want each time you swipe you card. It does not expires and you can redeem it instantly on-the-go with Citi Pay with Points or for cash rebate via SMS.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Hinomi H1 Classic V3 Ergonomic Office Chair (With Headrest) (worth S$659), or 50,000 Yuu Points, or S$378 Cash
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Citi Prestige Card is a premium credit card that offers benefits such as travel, dining and lifestyle privileges. Being a Citi Prestige Cardmember means you get access to offers handpicked for you to ensure you get the most unforgettable experiences.
Earn 3.25 Citi Dollars (or 1.3 miles) per S$1 local spend and 5 Citi Dollars (or 2 miles) per $1 overseas spend.
Enjoy unlimited complimentary access to over hundreds of VIP airport lounges for primary cardmembers and one accompanying guest. One complimentary night at any hotel of your choice with a booking of at least 4 consecutive night stay.
Enjoy six complimentary golf games at highly celebrated golf courses in Singapore, Malaysia, Indonesia and China
Savour an enchanting Four Hands collaboration presented by Citi Gourmet Pleasures
From travel and entertainment to day-to-day tasks such as organising a delivery, the global Citi Prestige Concierge team is there to support your lifestyle at home and abroad
Choose to travel in comfort to or from Changi International Airport, with complimentary one-way airport limousine transfers: Enjoy 2 complimentary rides per quarter with a minimum spend of S$12,000 within the same quarter.
Enjoy peace-of-mind when you travel abroad with their complimentary insurance
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Samsonite Straren Spinner 67/24 + 2X AirTag (worth S$690), or 20K Max Miles, or S$378 Cash
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Unlock the power of savings with the CITI SMRT Card! Enjoy an incredible 5%* savings every time you shop at supermarkets, grocery stores, or online, and even on your daily taxi and public transport rides island-wide. Plus, earn 0.3% savings on all other retail spend. The best part? You can easily redeem your SMRT$ for cash rebates or shopping vouchers, maximizing the value of every dollar you spend. Upsize your savings and make every purchase count with the CITI SMRT Card!
*Terms and conditions apply.
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Dyson Micro 1.5kg Vacuum (worth S$599), or 50,000 Yuu Points, or S$378 Cash
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Maximize your savings and enjoy exclusive perks with the Citi M1 Platinum Visa Card! Earn up to 10% Citi M1 Rebate on your M1 recurring bills and 0.3% Citi M1 Rebate on all retail transactions^—with no expiration on your rebates. Plus, enjoy 10% off device accessories and earn up to 1% Citi M1 Rebate when you shop at M1 Stores. Stay connected worry-free with complimentary SIM card replacement for lost or damaged cards, and save more with waived activation fees for Data Passport and M1 Value-Added Services. Experience unmatched value and convenience with the Citi M1 Platinum Visa Card!
Welcome gift: Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$499), or Dyson Supersonic (worth S$649), or Dyson Micro 1.5kg Vacuum (worth S$599), or 50,000 Yuu Points, or S$378 Cash
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval
Elevate your financial journey with the Standard Chartered Simply Cash Credit Card, a gateway to a world of exciting possibilities and unbeatable rewards. Imagine earning a generous 1.5% cashback on all your expenditures, transforming your everyday transactions into a treasure trove of savings. But the benefits don’t stop there – this card is designed to revolutionize the way you manage your finances. Whether it’s settling your IRAS dues, investing in education, securing insurance coverage, or managing rental payments, the Simply Cash Credit Card showers you with not just cashback, but also reward points and even bonus interest.
Welcome gift: Receive a Dyson Supersonic (worth S$649) or Xiaomi Robot Vacuum X20 UK (worth S$649) or AirPods Pro (Gen 2) with MagSafe Charging Case (worth S$349) or S$400 Lazada Voucher or S$388 Cash via PayNow
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: : New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval.
The Standard Chartered Smart Credit Card allows you to earn 6% cashback in the form of reward points on selected merchants with no min. spend required. You can also enjoy S$0 fees on annual fee and cash withdrawal with 3-month interest-free instalments with 100% cashback on service fees. Now that is the smarter way to spend and you can say goodbye to fees!
Welcome gift: Receive an AirPods 4 (with Active Noise Cancellation) (worth S$249) or 2x Apple HomePods mini Bundle (worth S$280.50) or S$208 Cash via PayNow
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval.
Up your rewards game with the Standard Chartered Rewards+ Credit Card, your passport to exceptional benefits. Earn up to 10x rewards points on foreign currency for overseas retail, dining, and travel adventures, and enjoy up to 5x rewards points on dining transactions in SGD, adding a new dimension to your dining experiences. Plus, the perks kick in from the get-go with S$200 cashback upon spending S$388 within 30 days of card approval, setting the stage for a rewarding journey. Terms and conditions apply, so seize the opportunity to unlock a world of enhanced rewards and privileges.
Welcome gift: Receive an AirPods 4 (with Active Noise Cancellation) (worth S$249) or 2x Apple HomePods mini Bundle (worth S$280.50) or S$208 Cash via PayNow
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval.
Experience the extraordinary with the Standard Chartered Journey Credit Card, where every purchase becomes a gateway to your dream vacation. Earn 3 miles per S$1 for selected bonus categories, 2 miles per S$1 for overseas spending, and 1.2 miles per S$1 for local expenses, accelerating your rewards like never before. Revel in exclusive travel benefits, from 3 miles per $1 on online transactions to non-expiring rewards points that kick in from your very first dollar spent. Indulge in 2 complimentary Priority Pass lounge visits annually and travel with peace of mind through up to S$500,000 in coverage. Embrace a world of travel and rewards beyond the ordinary – your journey starts here.
Welcome gift: Get a Samsonite Straren Spinner 67/24 (worth S$600) or 12K Max Miles or S$200 Lazada Voucher or S$188 Cash via PayNow
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend a minimum S$500 within 30 days of card approval.
Unlock a world of rewards with the HSBC Live+ Credit Card. Get up to 8% cashback on the things you love—whether you’re dining out, indulging in some retail therapy, or enjoying your favorite movies and shows. From delicious meals at restaurants across Asia to exclusive shopping deals and entertainment offers, you’ll earn cashback on every purchase. Plus, enjoy additional perks like up to 17% fuel savings and 1-for-1 deals worldwide through the ENTERTAINER with HSBC app. With the HSBC Live+ Credit Card, life’s little pleasures just got more rewarding. Learn more and start earning cashback today!
Welcome gift: Get a Sony Vlog Camera ZV-1F (worth S$769) or Dyson Supersonic (worth S$649) or Apple iPad 10th Gen 10.9 WiFi 64GB (worth S$499) or S$198 Cash + S$150 eCapitaVoucher (worth S$348)
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend min. $500 by end of the following calendar month from the card account opening date. All applicants must provide marketing consent.
HSBC Revolution Card is a rewards credit card ideal for savvy online shoppers. It allows you to earn up to 10X Points on online purchases or the usage of contactless payment like Visa PayWave and Apple Pay. Alternatively you can choose miles as your reward, with 4 miles for every dollar spent ($1 = 4 miles). Benefits of the HSBC Revolution card include no annual fees, travel insurance, no required minimum spend and more.
Welcome gift: Get a Dyson Supersonic (worth S$649) or Apple iPad 10th Gen 10.9 WiFi 64GB (worth S$499) or S$198 Cash + S$150 eCapitaVoucher (worth S$348) or S$370 Trip.com Voucher
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: Activate and spend min. S$500 for 30-day periods following card approval
The HSBC TravelOne Credit Card opens up a world of elevated travel with its incredible features. This card stands out as the first HSBC credit card to offer instant redemptions with a wide array of airline and hotel partners, all accessible through your mobile app, providing unprecedented convenience. Additionally, you can earn up to 2.4 miles (6X Reward points) for every dollar spent, accelerating your journey towards your travel dreams. The card further enhances your travel experience with complimentary travel insurance coverage, including protection against COVID-19, airport lounge visits, and more. Moreover, its flexibility shines through with the option to split purchases across various tenors to suit your individual needs through HSBC Instalment Plans, ensuring that your travel experiences are tailored to your preferences.
Welcome gift: Get a Dyson Supersonic (worth S$649) or Apple iPad 10th Gen 10.9 WiFi 64GB (worth S$499) or S$198 Cash + S$150 eCapitaVoucher (worth S$348) or S$370 Trip.com Voucher
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend min. $500 by end of the following calendar month from the card account opening date. All applicants must provide marketing consent and pay the annual fee of SGD196.20 (inclusive of GST)
The HSBC Advance Credit Card is a cashback credit card designed to help you save as you spend with up to 3.5% cashback without minimum spend. Spending less than S$2,000 monthly gets you 1.5% cashback while spending more than S$2,000 will get you 2.5% cashback. The maximum cashback you can earn per month is capped at S$70.
The extra 1% cashback can be earned when the HSBC Advance Cardholder also has an HSBC Everyday Global Account that fulfills S$2,000 of monthly deposit AND charges 5 qualifying Credit Card transactions.
Welcome gift: Get a Sony Vlog Camera ZV-1F (worth S$769) or Dyson Supersonic (worth S$649) or Apple iPad 10th Gen 10.9 WiFi 64GB (worth S$499) or S$198 Cash + S$150 eCapitaVoucher (worth S$348)
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: New-to-bank customers to activate and spend min. $500 by end of the following calendar month from the card account opening date. All applicants must provide marketing consent.
The Maybank Family & Friends Card offers the ultimate freedom of choice, tailored just #ForYou. With this card, you have the flexibility to pick and choose cashback categories that align perfectly with your lifestyle, all while relishing an impressive 8% cashback rate – one of the most competitive in town! This versatile card allows you to earn 8% cashback not only in your local area but globally as well, encompassing your five preferred cashback categories from a diverse list of ten options. These categories span the spectrum, from Groceries and Dining & Food Delivery to Transport, Data Communication & Online TV Streaming, Retail & Pets, Online Fashion, Entertainment, Pharmacy, Sports & Sports Apparels, and Beauty & Wellness, making it an ideal choice for those who value personalization and rewards tailored to their individual preferences.
Welcome gift: Receive a Samsonite ENOW 69/25(worth S$570) or S$200 cashback
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
The Maybank Platinum Visa Card is your ultimate lifestyle companion, offering a seamless way to earn cashback on both local and foreign currency expenditures. With up to 3.33% cashback on all your spending, it’s a hassle-free way to save while you spend. The card’s simplicity is further accentuated by a straightforward cashback scheme – just ensure you spend a minimum of S$300 every month for each quarter, and you can enjoy cashback rewards of up to S$200. Beyond cashback, the card also delivers exceptional value at the pump with an impressive 20.05% fuel discount at Caltex stations when you link your Diamond Sky Fuel Card to your Maybank Platinum Visa Card. With its dual focus on cashback and fuel savings, this card is designed to make your spending more rewarding and efficient.
Welcome gift: Receive a Samsonite ENOW 69/25(worth S$570) or S$200 cashback
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
The Maybank FC Barcelona Visa Signature Card is a true delight for football enthusiasts and savvy shoppers alike. With an impressive 1.6% unlimited cashback on all purchases within Singapore, it eliminates the need for minimum spending requirements, making it a practical choice for everyday expenses. The card also packs a punch when it comes to international spending, offering 2X TREATS Points for every S$5 spent in foreign currencies. What sets this card apart, besides its financial perks, is the exciting opportunity it presents – cardholders have a chance to win a trip for two to witness FC Barcelona LIVE every football season, an experience that’s sure to be cherished by any football fan. Additionally, the card grants a generous 5% discount at the FCBotiga official store in Camp Nou, making it a valuable asset for supporters of the club. Whether you’re a football fanatic or just looking for a rewarding credit card, the Maybank FC Barcelona Visa Signature Card has something special to offer.
Welcome gift: Receive a Samsonite ENOW 69/25(worth S$570) or S$200 cashback
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
The Maybank World MasterCard is the epitome of sophistication, catering to those who appreciate a luxurious lifestyle. This elite card not only allows you to play golf and travel in style but also supercharges your journey by helping you earn air miles up to 10 times faster with each purchase. By offering an impressive 10X TREATS Points, equivalent to 4 air miles, at selected merchants, it transforms your everyday spending into a means to elevate your travel experiences. Whether you’re a frequent flyer or simply seeking the finer things in life, the Maybank World MasterCard paves the way for a world of exclusive benefits and privileges.
Welcome gift:Receive a Samsonite ENOW 69/25(worth S$570) or S$200 cashback
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
The Maybank Manchester United Platinum Visa Credit Card is a dream come true for passionate Manchester United fans, offering a unique way to share in the club’s victories. With this card, you can revel in up to 3% cashback and 5X TREATS Points on all transactions when Manchester United secures a Premier League win, making every win a double victory for you. As a dedicated fan, you’ll also have the opportunity to win a trip for two to witness Manchester United LIVE, turning your devotion into an unforgettable experience. This card not only unites you with fellow fans but also provides practical benefits, such as 1% unlimited cashback, no minimum spending requirements, and no cashback cap. It’s the perfect card for true enthusiasts, offering exclusive privileges and rewards that align perfectly with your passion for the club.
Welcome gift: Receive a Samsonite ENOW 69/25(worth S$570) or S$200 cashback
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
The Maybank Horizon Visa Signature Card is the ultimate companion for those with a passion for travel and dining. With this card, your dreams of exploring far-flung destinations become a reality as it offers up to 3.2 Air Miles on dining, transportation, and more, making it one of the top choices for air miles and dining enthusiasts. The rewards are remarkably straightforward – you can earn up to 3.2 air miles (equivalent to 8X TREATS Points) or 2 air miles (5X TREATS Points) with a minimum monthly spending of just $300 on your Maybank Horizon Visa Signature Card. With these exceptional benefits, you’ll find yourself jetting off to your dream destinations faster than ever before, while savoring delectable dining experiences along the way.
Welcome gift: Welcome gift: Receive a Samsonite ENOW 69/25(worth S$570) or S$200 cashback
Bonus CNY gift: Receive a Mystery Red Packet worth up to $8,888 Cash – Red Packet will contain a random amount between S$8 to S$8,888 (to be distributed via PayNow)
Requirements: –
How to redeem your Welcome Gifts + Red Packets:
Apply for Eligible Products
Apply or Purchase any participating products, from 8 Jan 0900 HRS to 26 Jan 2025 2359 HRS, through SingSaver.
Submit the Rewards Form
Complete the Rewards Redemption Form sent to your registered email within 14 days or before the campaign ends, whichever is earlier.
Receive your Rewards and Red Packets! Head to your Red Packet Tracker to see all the Red Packets you’ve earned. Open your red packets during Chinese New Year, between 27 Jan to 12 Feb 2025, to see the exciting rewards you can get on top of existing SingSaver rewards!
You can click here to check the rewards redemption status.
For redemption follow-ups and enquiries, drop an email with your details to [email protected]
Chinese New Year is just around the corner, and from Jan 7, you can make appointments to secure hongbao notes for the festivities on Jan 29 and 30. Reservations can be made online through DBS, OCBC, or UOB’s systems, as announced by the Monetary Authority of Singapore (MAS).
Collection begins on Jan 14, allowing ample time to prepare your red packets for the celebration.
Sustainability Meets Tradition
MAS encourages the use of fit-for-gifting notes or digital red packets to preserve tradition while promoting sustainability. This initiative helps reduce carbon emissions associated with the production of new notes.
Why choose fit notes? Fit notes are thoroughly verified to ensure they meet quality standards for recirculation. While they may have minor fold lines or marks, they are clean and perfectly suitable for festive gifting.
In 2024 alone, over 11.7 million fit notes were exchanged, a 5% increase from the previous year. This sustainable approach saved emissions equivalent to the energy required to power 220 four-room HDB flats for a year.
Image Credits: unsplash.com
Convenient Collection Options
For seniors aged 60 and above and individuals with disabilities, walk-in exchanges are available at DBS, OCBC, and UOB branches. From Jan 14, pop-up and branch ATMs across Singapore will also be dispensing hongbao notes, with no reservations required.
1. DBS: 72 pop-up ATMs at 48 locations, including an increased number of machines exclusively dispensing fit notes.
2. OCBC: 24 ATMs at 13 locations, doubling its fit-note dispensing ATMs to four.
3. UOB: 30 ATMs at 17 locations, including four for fit notes, doubling its capacity from 2024.
Embrace Digital Gifting
Digital hongbaos are gaining popularity, and for good reason—they’re eco-friendly and convenient. In 2024, over 70% of DBS customers embraced digital gifting for the first time, transferring a remarkable S$39 million through QR and e-gift services.
To encourage this trend, DBS is offering a giveaway with prizes of S$8,888 and S$88 from Jan 7 to Feb 18, 2025.
To qualify, customers need to:
1. Send an e-gift or load a QR Ang Bao with a minimum of S$8 on the PayLah! app (terms and conditions apply).
2. Keep their total cash withdrawals below S$500 during the campaign period.
Protecting Customers
To safeguard against phishing scams, MAS reminds the public that banks will not send SMS messages with clickable links regarding hongbao note collections.
Additionally, banks are increasing the number of pop-up and branch ATMs dispensing fit notes to make the process more accessible for everyone.
Plan ahead, book your hongbao notes early, and celebrate the season with thoughtful and sustainable choices.
Cryptocurrencies have taken the world by storm, and with the rise of digital currencies like Bitcoin and Ethereum, millions of people are jumping on the crypto bandwagon. As crypto becomes more mainstream, a new question is popping up: “Are cryptocurrencies taxable?”
Tax laws and regulations can feel overwhelming, especially in a space as new as cryptocurrency. Luckily, understanding how taxes apply to crypto doesn’t have to be complicated. This article will break it down so you can stay on the right side of the tax authorities and still enjoy the wild ride in the crypto world.
Cryptocurrency and Taxes
Cryptocurrencies are taxable in most countries, but how they’re taxed can vary significantly. Generally, tax authorities worldwide treat cryptocurrencies as property or income, depending on how they’re used.
In the United States, the IRS has clarified that cryptocurrencies are taxed as property, meaning any sale or trade resulting in profit triggers a taxable event, much like selling stocks. The UK follows a similar approach, with capital gains tax applying to crypto assets. Meanwhile, in Japan, any gains from the sale of crypto are treated as miscellaneous income and taxed accordingly.
Wherever you are in the world, the tax authorities are starting to pay attention to crypto. From selling your Bitcoin stash to swapping Ethereum for Litecoin, taxable events are becoming hard to escape — so it’s vital to know how your country handles them.
Crypto Exchanges and Taxation
Whether you’re using a Singapore crypto exchange or a platform based in Europe or the U.S., crypto exchanges are key players in taxation. Many exchanges are now required to provide detailed reports on user transactions to their respective governments, making it easier for tax authorities to track taxable events.
For example, in the United States, exchanges like Coinbase must report large transactions to the IRS, ensuring that users are paying taxes on any gains. European countries are similarly working to increase transparency, with crypto exchange regulations tightening across the EU.
In Singapore, exchanges are crucial for tracking transactions, especially as more investors turn to these platforms for trading and investment. With this global trend of increased regulation, it’s more important than ever for crypto users to maintain detailed records of their transactions to stay compliant with tax laws.
Capital Gains vs. Income: How Cryptocurrencies Are Taxed
Different countries have different approaches when it comes to taxing cryptocurrencies. Generally, taxes fall into two categories: capital gains and income. The distinction depends on how you acquire and use your crypto.
In the United States, the UK, and much of Europe, selling your crypto for a profit is typically taxed as a capital gain. But if you’re earning cryptocurrency through mining, staking, or getting paid in Bitcoin, then that’s considered income and taxed differently. Australia also follows a similar model.
In countries like Japan and South Korea, tax laws are even stricter, treating crypto gains as income across the board. Japan, in particular, taxes crypto profits at rates as high as 55% for significant gains.
Tax Reporting: How to Stay Compliant
Regardless of where you live, tax compliance regarding cryptocurrencies often boils down to one thing: record-keeping. Start by keeping detailed records of every transaction you make — whether you’re buying, selling, trading, or using crypto to make purchases.
Many countries offer software tools or apps to help track transactions across exchanges and wallets. Some exchanges, like those in the U.S. or Europe, may automatically generate reports that detail your transactions, making tax filing easier. But remember, the responsibility to report accurately still falls on the investor.
The Consequences of Failing to Report Crypto Taxes Globally
What happens if you don’t report your cryptocurrency transactions? Well, it’s not worth the risk. Around the world, tax authorities are getting increasingly sophisticated in tracking crypto activities.
Failing to report crypto taxes can lead to penalties, audits, and fines. Worse yet, serious tax evasion cases can even result in criminal charges in countries like the U.K. and South Korea.
Intentional tax evasion or failure to comply with regulations could land you in hot water. With governments worldwide tightening the noose on crypto tax evasion, staying compliant is more important than ever. It’s better to stay ahead of the curve and be transparent about your crypto dealings than to face an unwelcome surprise down the line.
Staying Informed Across Borders
As the world of cryptocurrency continues to grow, so too do the tax rules that govern it. From the U.S. to Singapore, Japan to the U.K., understanding the tax implications of your crypto transactions is crucial to staying on the right side of the law.
Whether your country treats crypto as capital gains, income, or something else entirely, staying informed will keep you ahead of the game. As regulations evolve, keeping up with the latest tax developments ensures that you can enjoy the benefits of digital currency without getting caught off guard by the taxman. Wherever you are, keep your records and tax reports in check and continue your crypto journey responsibly!
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