POSB Is Everyday card a debit card , a bank of the people, has a strong focus on anticipating consumer demands. This is especially true with young Singaporeans, who show different buying habits from the previous generation. They are used to online transactions and cashless payment methods. POSB’s Multi-tude credit card is designed with these customers in mind. It offers dining and entertainment privileges and up to 0.3 per cent cashback on MasterCard transactions. Customers are enrolled in POSB’s internet banking services at the time of application.
Privileges and Responsibilities of a Credit Card
You are looking for a credit card , you might want to consider the POSB Credit Card. This card offers a range of benefits and privileges, including ATM and NETS transactions. POSB is known to have a dedicated page to educate customers about the privileges and responsibilities of a credit card. POSB has a lot to offer in the way of credit cards, and you may find it helpful to read more about these.
Spend On Various Categories
The POSB Everyday Card is a great option for families who spend on various categories. Rates fluctuate based on promotional offers and are very high for everyday spend categories. Consumers can earn rebates of up to 10% when shopping online or ordering food, as well as up to 21.8% when they use the card to drive. The annual fee is waived for the first year, but average spenders can quickly recoup the cost thanks to rewards they receive on daily purchases.
Multi-Tude by POSB
The POSB has recently introduced the Multi-tude by NETS Card, a micro-credit and debit card facility. The card allows users to manage their budgets, allowing them to make purchases without the need for cash. In addition, the card features an embedded EMV smart chip and NETS technology. It is available in more than one hundred ATMs across Singapore. For further information, you can visit the POSB website.
Credit Card Offers Rewards and Cashback
The POSB Everyday Credit Card offers rewards and cashback at petrol stations, grocers, and F&B outlets. The card also has a 15% rebate on utilities. The Open Electricity Market (OSEM) in Singapore encourages competition and switching among utility providers. It also has a marketplace for different sectors such as food, beverage, travel, and utilities. As an added bonus, POSB Singapore offers discounts and other benefits for its card holders.
NETS Card Has Been the Mainstay Cashless Payment Solution
The NETS Card has been the mainstay cashless payment solution in Singapore since 1985. Today, it’s accepted at more than 120,000 points islandwide, and has many variants. It can be used for public transportation, mobile payments, and shopping. It also accepts payments made via credit and debit cards. Find out how to use it in Singapore! Here are some of the most convenient methods to make payments.
NETS Has Developed a Mobile Wallet
NETS has developed a mobile wallet called NETSPay. This wallet can be used to make payments for road tolls. It works with both debit/credit cards and bank accounts. This eliminates unnecessary ERP admin fees. Moreover, motorists can sign up for auto top-up services. And they can view their ERP transactions on the app or website. With this payment service, motorists can use a single NETS Card to make payments in Singapore.
Multi-Tude by POSB Challenge
The POSB has recently launched Multi-tude by POSB, the first card in Singapore to combine both credit and debit functions, and the first in the country to offer credit without a minimum income requirement. The card is targeted at youth aged 16 and above and offers a range of convenient features, including S$500 micro credit, NETS, and an embedded EMV smart chip. To help customers understand the benefits and responsibilities of using their card, POSB has set up a dedicated page on its website.
Chosen To Compete In a Debit Card
The Multi-tude by POSB Challenge is open to Singapore residents aged 16 to 29 years old. To enter, Singaporeans need only record a one-minute video performance of a Multi-tude Rap and upload it to the POSB Facebook page. Facebook fans must then “like” the page to support their friends’ entries. At the end of the competition, five finalists will be chosen to compete in a final rap showdown. The winner will receive SGD 2000 as the grand prize.