Credit Card Optimization Strategy September 2022

My post on "Trust Bank Tricks" here garnered a lot of traction, more than 25 referrals so far, which equates to S$250 NTUC vouchers for me and for my readers. Glad that my post has delivered some value to my readers.

My credit card strategy for September is similar to August, with a slight tweak to my no min spending portion. The bulk of my spending will still go through Citi Cash Back

Citi Cash Back: $800 min spending. Cash back amount cap at $80. 8% for petrol, 8% for groceries, 6% for dinning/fast food. If you want in-depth optimization for this card can read my older post here.

As my Grabpay spending is maxed out(capped at S$30k). My next preferred no minimum spending card will be SCB Spree. 

SCB Spree: 2% cash back for online, contactless and mobile spending. No minimum. Cap at $30 cash back. I use this card to pay for Senoko, SP service and Telco bills. 

Since I have deleted my Spree card previously, this sign up entitled me to $80 cash credit for just applying. 

There is also another awesome promotion by DBS Takashimaya Amex which I have also applied. Spending $250 online entitles you to $150 cash back. This promotion is for new and existing users of DBS credit card, so those who doesn't have a Takashimaya DBS Amex can apply here and get your 60% cash back. What I do is I just spend it on Q10 gift cards. 

These two credit card(Citi cash back and SCB Spree) should pretty much cover all your spending needs. As year end is coming if you need to buy non travel big ticket items get ready your Citi SMRT card too. This card gives you 5% for online shopping/spending with a cap of $600 cash rebate for any 12 months period. Means you can spend $12,000 one shot can get $600 in cash rebate, I believe no other card out there has this kind of large one time cap rebate.