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cashback

Cashback

: Features up to 8% back on petrol and 6% on dining and groceries, provided a minimum monthly spend is met.

Cashback is a financial reward that returns a small percentage of a transaction's value to the consumer. In Singapore, this is primarily facilitated through credit cards, debit cards, and specialized shopping platforms. Unlike reward points or miles, which can expire or devalue, cashback provides flexible, direct savings that typically appear as a credit on your next monthly statement. Common Cashback Structures

Credit cards in Singapore generally follow one of two main earning models: