There’s been a major update to the table above, namely because OCBC 365 was launched in mid 2014, and it is a wonderful rebate card which offers 5% cash rebate for petrol at Caltex and Esso provided you have a minimum spend of $600 per month. There is no minimum spend each time you pump there unlike Citibank Dividend Card. Otherwise, most of the credit card promotions have remained status quo.
Summary of the best deals
1) Caltex – Best deal still remains as SAFRA paired with Stanchart Xtrasaver 21.1% – simple and fuss free.
2) Esso – Citi Dividend has now been matched by OCBC 365 with a 14% + 5% rebate + smile points
3) Shell – Citi Dividend rebates are fair. HSBC rebates are difficult to achieve due to the T&C with minimum spend.
4) SPC – UOB has the best discount so far with 21% off but you can only get this max discount when you pump in multiples of $50 so as to get the $3 discount. The 6% rebate with POSB Everyday has been extended till end Sep, with possibility of it getting extended as what we have seen previously.