How does the Credit Card Cashback work?

Once you are on 6% cashback, you can change the preselected categories to your preferred categories any time in the month and see the rebate details by tapping on "View Categories".

Here is how it works:

By default, you will be earning 1% cashback* for dining, supermarket & minimart and transporatation (preselected categories). For the rest of the categories, you will be earning 0.2% cashback. 

Once you make 2 bill payments and 2 fund transfers within a month, you will be eligible for 6% cashback in the following month for preselected categories. You can make changes to the preselected categories to become your preferred** categories once you are on 6% cashback. For the rest of the categories, cashback rate will remain at 0.2%. 
Your cashback will be credited on the second working day of the following month. 

Please take note that cashback rate and categories will fall back to default setup next month if 2 funds transfers and 2 bill payment is not made in current month. 

*Cashback is only applicable for credit card transactions

**3 categories can be selected as preferred categories. 

Here is an example:

Mr. Tony made 2 fund transfers and 2 bill payments by 15 October. He can make changes to his preselected categories any time in November to start enjoying 6% cashback on  preferred categories for his transactions between 1-30 November. 

He will be credited 6% cashback for his preselected/desired categories and 0.2% for transactions of other categories on the second working day in December. 

In Nov, he will be credited 1% cashback for his preselected categories and 0.2% for rest of the categories for his transactions between 1-31 October.