StanChart-SingPost credit card offers 7% cashback for online shopping

STANDARD Chartered Bank Singapore and SingPost on Thursday said that their Standard Chartered SingPost Platinum Visa Credit Card will now offer 7 per cent cashback on online purchases. This is the highest cashback rate offered in Singapore for online shopping, the partners said in a joint media statement.

The cashback is capped at S$50 per month, and is subject to a minimum card spend of S$500 in that month.

And if the cardholder buys a product online, and finds the same item to be cheaper off another website within 30 days, the bank will refund half of the price difference to the card user.

The card was launched in 2012.