Finding the best cash back credit cards is like looking for a life partner. Choose the one that can handle the balance of the give and take relationship. Also, seek what can compliment you in most ways.
When you are getting a credit card, you will choose the one you think can provide the best rewards and rebates. In addition, you are looking for the best deals that fit your lifestyle.
The OCBC FRANK card has a long list of promos packed in a plastic card. Also, it comes with more than 120 designs. With a cashback offer of 6% on online transactions, this card is a gem for online shoppers who love buying dresses and gadgets. Also, it comes in handy for booking flights and hotels. Plus, you get to pay for movie tickets. In addition, if you are getting some juicy Apple purchases, you will receive an additional 2% rebate.
Do you love going out with loved ones and friends on weekends? Then, you can enjoy 5% of entertainment rebates from Friday to Sunday. Moreover, grab the 3% for the other days in clubs, bars, KTVs, and selected cafes. Examples are The Coffee Bean & Tea Leaf, Starbucks, Costa Coffee and The Connoisseur Concerto (TCC).
While it is fun and it feels rewarding to earn rebates, do not overlook the monthly cap of $60. It applies when you spend a minimum of $400. You can spend up to $1,000 to maximise the rebates.
If you miss paying on your due date, you will be charged an interest rate of 25.92% per annum. However, it is a minimum charge per month of $2.50 as calculated from the transaction date until you settle the bill. Therefore, failure to pay at least $50 or 3% of the total balance will incur a late payment fee of $80.
Standard Chartered SingPost Platinum Visa Card offers 7% cash back on eligible online purchases. Do you love online shopping with cash back credit cards? You should not pass up the chance of getting up to $138 cash back when applying for the card online. Furthermore, by charging a minimum of $600 a month, you can accumulate a cash rebate amounting to $60 per month.
In addition, enjoy many online offers too. Examples are the 30% off with a minimum purchase of $250 in Lazada. Also, it offers 15% off storewide with a minimum expenditure of $100 in Under Armour Online. Plus, you get 20% cashback every time you charge your Uber fare as much as $50.
If you can’t repay your monthly dues, you will be charged 24.455% per annum or 0.067% daily until you settle your whole balance.
ANZ Optimum offers 5% rebates every time you spend on your chosen category:
Depending on your preferences, you can change your category every quarter of the year. Also, you get a 1% rebate on any other purchases you make with your card.
There is no required minimum expenditure and maximum rebate. For example, if you get an ANZ Optimum now, you can get up to a $168 cash rebate for a minimum spend of $588. On the other hand, if you charge at least $388, you can still get a rebate worth $88. However, failure to settle your bill will incur $60. Also, it has an effective interest rate of 25% per annum. To avoid these charges, pay your due 51 days after the day of your purchase.
Based on the list created, we can say that the best online shopping credit cards are OCBC FRANK Card and Standard Chartered SingPost Platinum Visa Card. You can simply earn rebates just by charging online. While making from cash back credit cards, you can get great discounts and exclusive deals, too. But check various affiliated merchants first.
If you need to make an immediate purchase with cash, you can get a fast cash loan from Cash Mart.