A dollar saved is a dollar earned. As I continue to pursue my interest in S-REIT Investment through s-reitinvestmentblog.sg, I am also increasing aware of the amount of money which I will save through these credit cards.

Therefore, the purpose of this blog is to consolidate all these credit card offers or rebates which we will be using everyday. I hope that this blog can be a one-stop blog on credit card rebates so that you can use and save money.

Moreover, I am going to post all the major discounts and perks that I currently enjoy for only one purpose. When I need to find data, I know where to look for it all at one place. :-)

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Thursday, June 26, 2014

OCBC Frank Card with HDB Parking - 6% Rebate

http://www.frankbyocbc.com/products_creditcard.html

This is one card which has the highest rewards for online purchases with 6% rebate. This is excellent especially when I have large recurring payments which I pay online. One of which is my HDB Parking. :-) The strategy is to renew it every 6 months.

Drawback is that it needs a minimum of $500 spend which I don't really like. Another is that it gives a maximum of $60 rebates a month. Here is the statistics.

HDB Season Parking = $1080 ($90 per month)

Cash Rebate = $64.80 (Average of $5 per month)

4 comments:

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  4. Oh no! I realize that some of my readers are reading past posts which are quite outdated. OCBC removed this privilege already so please take note.

    (Sorry! Just saw your comments today)

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