When a cashback credit card’s got your back, you know you can spend first and get some cash back later through rebates. Like a fancy discount, rebates offset your monthly bill or next purchase at partner merchants. This hack is as fail-proof as it gets.
All other purchases still get you 0.3% rebate
Use Finty’s credit cards comparison features to shortlist and apply for your selected credit cards through Finty by clicking the “apply now” button. Fill in your particulars so that we can verify your identity when you redeem your rewards later.
After you receive your credit card and approval letter from the bank, open the email with the redemption steps from us. Submit a photo of your approval letter and credit card. Remember to cover your credit card number in the photo.
We will then send your Finty rewards to you by bank transfer, unlike other websites that may require you to go down to their office.
What a dilemma, the best cashback credit cards and the best air miles credit cards are awesome!
No worries, you should apply for more than one credit card to complement your lifestyle if you can manage them.
Having more than one credit card means you get to combine different benefits from different banks, which are forever competing to give better perks. Every card has its unique strengths, like cashback on day-to-day expenses, amazing travel freebies, and privileges at swanky restaurants. Used thoughtfully, credit cards don’t only get you more value. They can also help you advance your lifestyle goals.
There are no limit to the number of Finty rewards you can get! ୧☉□☉୨ Just remember to complete the card application through Finty.
Finty rewards however do not apply to applications for:
Hell yeah! The eligibility criteria differs between banks, but most require you to be at least 21 years old and have an annual income of at least S$30,000 if you are a Singapore citizen or permanent resident. Foreign applicants will need an annual income of S$45,000 and above. Do it now! Credit cards compare, select and apply (๑˃ᴗ˂)ﻭ
Your sharp eyes are right. Finty has a proprietary predictive model, or simply an algorithm, that determines the value of Finty rewards based on the bank or card performance, value from the bank, and how well Finty is doing.
If you Google searched “credit cards comparison Singapore” and out of all the different pages you decided to use Finty. We love you too ♡( ◡‿◡ )…platonically
Unfortunately, that ship has sailed. Finty is a team of 3 married guys in a very small office that has an amazing view of the Singapore River. Sometimes, our kids come over. For now, we like our life this way: simple, enjoyable, and rewarding.
If you love your money as much as we do, pay your bills on time.
Interest is charged on the outstanding balance you carry on the bill. As long as you pay your bill in full before the due date, you won’t have to pay any late penalty fees or interest.
However, if you can’t pay the full amount on your bill, pay what you can, over the minimum amount specified, so you can minimise the balance that’s still outstanding. That helps you save on the interest and pay off the amount sooner.
That’s not cool...the credit card compare life is tough. We verify all applications with the banks through a unique application ID and cross-reference it with your submitted documents.
The Finty form you have to fill in is necessary for identifying you when you redeem your Finty rewards later.
When you apply through Finty, a specific link is generated for your application. This allows the bank to know if you are an applicant from Finty, and the status of your application will be tied to the Finty form that you filled up.
Tldr: Just don’t try it. Liam Neeson expresses our wish for cheaters best.
Yes, unless otherwise stated. Existing cardholders like you deserve a pat on the back. Getting another credit card from the same bank, that is loyalty. To reward your love for the bank, Finty is glad to share our revenue with you.
Yes, you can maximise your benefit by holding more than one card to pursue higher rebate percentages for a larger number of spending categories. But you need to be sufficiently organised to know which card to bring out of your wallet on which occasion, and to be sure that it is worth paying more than one annual fee (unless one or both of your cards is fee-free).
For some people, a flat rate card covering all purchases may be the best solution. Although the overall rebate rate may be lower, you will reduce the time and effort spent working out which card to use.
It depends. Some cards have no cap on the cash rebate you can earn. Others may have a cap on the total rebate you can earn in each monthly statement period, or separate caps on specific categories of spending (e.g. a cap of S$25 per month for groceries).
Some cards allow you to earn a cashback on all your purchases. Others may ask you to choose certain expense categories which will get a higher percentage, such as dining + leisure, or groceries + petrol. Remaining expenditure, outside the chosen categories, then qualifies for a much lower rebate percentage.
Sometimes, low amounts (e.g. an individual purchase below $10, or total monthly spending below $50) will not qualify for the rebate at all.
Many cards will have a target amount you must spend each month in order to qualify for a cash rebate at the advertised percentage. For example, you might need to spend S$888 per month to qualify for an 8% cashback, and failure to reach this target would see the cashback percentage reduced to 0.25% for that month.
Additionally, some cards do not give a cashback on individual items of expenditure amounting to less than S$10. However, there are cards with no minimum monthly spending target and no exclusions for small amounts. If your credit card expenditure is small to moderate, this would be the best type of card to choose.
No. The percentage will vary from card to card, and between spending categories. A typical rebate set-up may involve 5% cashback on dining, leisure, travel, petrol and groceries worldwide, plus 1% cashback on all other expenditure. Some cards may give a higher rebate percentage (e.g. 8%) on a smaller range of spending (just groceries and petrol, for example).
The rebate applicable to your card can also vary with the calendar, offering different cashback percentages on weekdays and weekends. Foreign currency purchases can also be the target of separate cashback percentages. High percentages can apply to spending with specific merchants: Grab rides, for example, are often offered at 20% cashback.
Many cards will give immediate discounts at the pump on petrol purchases — possibly as high as 20% — as well as a percentage cashback on the discounted purchase.
Yes. Some cards may give you merchandise or cash as a welcome gift. This may simply be a cashback granted on card approval, and often this is another way of effectively giving you a first-year annual fee waiver. That is, a card with an annual fee of S$180 may give you a cashback of S$180 once your card is approved.
Another type of welcome gift cashback is conditional on making a first purchase, and in this case the required spending may be minimal. You may receive a S$60 cashback after making your first S$10 worth of purchases, for example.
In some cases the spending target may be higher, with a time limit attached (e.g. S$168 cashback for spending S$588 in the first two months). Alternatively, the rebate may be conditional on a specific area of spending, such as a S$100 cash gift for target spending on travel within the first two months of holding the card.
Yes. In addition to cashback, many cards will offer extra benefits, which may include any or all of:
Typically, the cashback will be credited to your account quarterly, at the end of the month following the previous quarter. However, there are a few cards which deliver the cashback more regularly after the first S$50 earned, in multiples of S$10 as soon as your first rebate reaches S$50.
Many cashback credit card annual fees fall in the range S$160 to S$195, although there are much cheaper cards (even cards without an annual fee) as well as more expensive cards with additional complimentary benefits. Some cards will waive the annual fee in the first year (or give a welcome cash gift equivalent to the annual fee) and others may waive the fee for two years.
There are cards which will waive your annual fee in any year in which you spend a target amount using the card. This amount can be as low as S$12,000 or as high as S$25,000, depending on the card.
Watch out for another possible credit card cost: the very high interest rate of between 15% p.a. and 26% p.a. which will apply to any amount unpaid after the monthly interest-free days expire and the account balance becomes payable in full.