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POSB Everyday Card Review 2024


The POSB Everyday Card continues to be a favourite among savvy consumers in 2024. It offers a range of cash rebates that make it ideal for everyday use.

Source: POSB Singapore

With a focus on providing significant savings across various spending categories, this credit card is tailored to meet the needs of those who want to maximise their returns on daily expenditures.

In this comprehensive review, we will delve into the various features, benefits, and potential drawbacks of the POSB Everyday Card to help you decide if it is the right financial tool.

Key Features of POSB Everyday Card


  • High cashback rates for specific categories
  • No expiry on cashback (Daily$)
  • Attractive welcome offer for new cardmembers


  • Minimum spend requirement of S$800
  • Monthly caps on cashback for certain categories

POSB Everyday Card Cash Rebates

The POSB Everyday Card stands out for its attractive cash rebate program, which covers a wide array of spending categories. Whether you frequently shop online, dine out, or fill up your petrol tank, this card ensures that you earn back a portion of your spending in the form of cash rebates. Below, we explore each category in detail.

Food Delivery Services – 10% Cash Rebate

Food delivery has become an integral part of modern life, especially with the convenience offered by services like foodpanda, Deliveroo, and WhyQ. The POSB Everyday Card provides a generous 10% cash rebate on all food delivery transactions made through these platforms.

This makes it an excellent choice for those who prefer to dine at home or have meals delivered to their workplace. The high rebate rate ensures that frequent users of food delivery services can enjoy substantial savings over time.

Online Shopping – 8% Cash Rebate

The surge in online shopping continues unabated, and the POSB Everyday Card caters to this trend by offering an 8% cash rebate on purchases from popular online retailers such as Shopee, Lazada, Amazon.sg, Qoo10, RedMart, iHerb, Taobao, and Popular Online Store.

This rebate is particularly appealing for those who regularly shop for a variety of goods online, from electronics to groceries. By using the POSB Everyday Card, you can effectively reduce the cost of your online purchases and enjoy more value for your money.

Sheng Siong Supermarkets – 5% Cash Rebate

Grocery shopping is necessary for every household, and the POSB Everyday Card rewards you with a 5% cash rebate on all purchases made at Sheng Siong supermarkets.

Sheng Siong is known for its wide range of products and competitive prices, making this rebate particularly useful for families looking to cut down on their grocery bills. Whether you are buying fresh produce, household items, or daily essentials, this rebate ensures that a portion of your spending is returned to you.

Dining (Excluding Fast Food) – 3% Cash Rebate

For those who enjoy dining out, the POSB Everyday Card offers a 3% cash rebate on dining expenses, excluding fast food. This rebate is applicable to a variety of dining establishments, making it a versatile benefit for food enthusiasts.

Whether you are enjoying a meal at a high-end restaurant or a casual cafe, this rebate adds up, providing tangible savings on your dining expenditures.

Utilities and Telecommunication Payments – Up to 3% Cash Rebate

Managing household expenses can be challenging, but the POSB Everyday Card offers up to 3% cash rebate on utilities and telecommunication payments. This rebate applies to essential services such as electricity, water, gas, and internet bills.

By using the card to pay for these recurring expenses, you can enjoy consistent savings month after month, making household budgeting a bit easier.

SPC Petrol Stations – 6% Cash Rebate

Petrol costs are a significant part of many households’ budgets, especially for those who commute regularly.

The POSB Everyday Card provides a 6% cash rebate on petrol purchases specifically at SPC petrol stations. This rebate helps mitigate the impact of fluctuating fuel prices and provides consistent savings for drivers. Using this card for your fuel purchases ensures that a portion of your spending is effectively returned to you.

Other Transactions – 0.3% Cash Rebate

For all other transactions not covered by the specific categories above, the POSB Everyday Card offers a 0.3% cash rebate.

While this rate is considerably lower than the specific categories, it still provides a small return on a wide range of purchases, ensuring that every dollar spent with the card contributes to your overall savings.

Requirements and Caps

To earn the accelerated cash rebate rates, cardholders must meet a minimum spend of S$800 per calendar month.

This requirement ensures that the card is used consistently for everyday purchases, allowing cardholders to fully benefit from the generous rebate program.

Cash Rebate Caps

  • Dining and Online Spending: The monthly cash rebate cap for dining and online spending categories is S$15. This means that while you can earn significant rebates in these categories, there is a limit to the total amount of rebates you can receive each month.
  • Groceries: The monthly cash rebate cap for grocery purchases at Sheng Siong supermarkets is S$30. This higher cap reflects the importance of grocery spending in most households and allows for substantial savings over time.

Other POSB Everyday Card Benefits

In addition to the cash rebates, the POSB Everyday Card offers several other benefits that enhance its value.


The cash rebates earned with the POSB Everyday Card are awarded as “Daily$”.

One of the standout features of Daily$ is that they never expire, providing cardholders with flexibility in how and when they choose to redeem their rebates. This is particularly beneficial for those who prefer to accumulate their rebates for larger discounts or savings in the future.

Redemption Options

Daily$ can be redeemed for discounts at a variety of popular merchants, including Din Tai Fung, Krispy Kreme, and Kiztopia.

This adds an extra layer of value to the rebates, allowing cardholders to enjoy discounts on dining, entertainment, and more. The wide range of redemption options ensures that there is something for everyone, making the POSB Everyday Card a versatile choice for different lifestyles and preferences.

Comparison with Other Cards

When comparing the POSB Everyday Card to other cashback cards, it stands out for its high rebate rates in specific categories such as food delivery, online shopping, and groceries.

However, its effectiveness depends on meeting the minimum spend requirement and being mindful of the caps. Here’s a quick comparison with other popular cashback cards in the market:

  • UOB One Card and Citibank Cashback Card offer high overall cashback but have more stringent spending requirements and complex structures.
  • Maybank Family & Friends Card provides flexible high cashback rates but with quarterly caps.
  • Standard Chartered Unlimited Cashback Card is perfect for those who prefer simplicity and don’t want to worry about caps or specific categories.
  • OCBC 365 Credit Card offers a good balance, high cashback rates on essential categories, and a relatively high cap.

Potential Drawbacks

Minimum Spend Requirement

The POSB Everyday Card has a minimum spend requirement of S$800, which may be challenging for some consumers, particularly those with lower monthly spending.

Rebate Caps

The monthly cash rebate caps in certain categories, such as dining and online spending, may limit your total rebates. If your spending in these categories significantly exceeds the caps, you may find that you are not maximizing the potential savings offered by the card.


With generous rebate rates across various categories and the flexibility of Daily$ redemptions, this card offers substantial value for many consumers.

By understanding the requirements and caps associated with the rebates, you can effectively utilise this card to enhance your savings and enjoy the benefits it offers.

Whether you are a frequent online shopper, a regular diner, or someone who wants to save on fuel and utilities, the POSB Everyday Card provides a rewarding option for managing your daily expenses in 2024.

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