Upcoming changes to the POSB Everyday card (incl. Utilities nerf)

As shared in Suitesmile Chat, POSB has updated the terms and conditions of the POSB Everyday card with changes that will come into effect next month.

Key points to note

• Changes will come into effect from 1 Apr 2025
• Utilities: No more up to 3% cash rebate
• Shopping:
  • Cash rebate monthly cap increasing to $20 (previously $15)
  • TikTok Shop added as qualifying merchant
• Dining:
  • Cash rebate monthly cap increasing to $20 (previously $15)
  • 10% cash rebate on all food delivery (previously Foodpanda & Deliveroo only)
  • 5% cash rebate on in-person dining (previously 3%)
• Telco: No more up to 3% cash rebate

Related: Best cards for Utilities

💡 Click on + Card Summary below to view key details like pros & cons, miles/cashback details, annual fee, income requirement, and more.

POSB Everyday

20.1% discount on fuel at SPC

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More information on the

POSB Everyday Mastercard

Suitesmile rating:

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✍️ Short summary
This card gives you unlimited 20.1% discount (15% instant, 6% cash rebate) on fuel purchases at SPC.

Cardholders with at least $800 worth of spending per calendar month can get 10% cash rebate for selected spending categories like:

1. Food Delivery: 10% cash rebate, up to $200/month (shared cap with Dining)
2. Dining: 5% cash rebate, up to $400/month (shared cap with Food Delivery)
3. SimplyGo: 10% cash rebate, up to $200/month
4. Malaysian Ringgit In-Person: 10% cash rebate, up to $200/month
5. Online Shopping: 5% cash rebate, up to $400/month (selected merchants like Shopee, Lazada etc.)
6. Sheng Shiong: 5% cash rebate, up to $400/month

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💸 Annual fee
$196.20
(First year waived, always request for a waiver after that)

💼 Income requirement
$30,000/year

🤑 Foreign currency fee
3.25%

❓How/When cashback is credited
Cash rebate amount is credited into the card by the end of 3 calendar months.

📜 Terms & conditions

Fuel benefit unchanged

Thankfully, there will be no change to the fuel benefit, which I see as the key benefit of the POSB Everyday card. Continue to enjoy fuss-free 20% savings at SPC. No min. spend, no cap.

Related: Best cards for Fuel Spending

Terms and conditions

Here are the latest terms and conditions of the POSB Everyday card: