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Most cashback credit cards in Singapore charge a foreign transaction fee of 2.5% to 3.5% on overseas purchases. If that fee is higher than your cashback rate, you're actually losing money every time you tap abroad.
The simplest cashback credit card in Singapore is not the one with the lowest rate. It's the one with the fewest conditions standing between you and your rewards.
Somewhere between signing up for a cashback credit card and checking your first statement, most Singaporeans discover the same uncomfortable truth: earning cashback is more complicated than the ad made it look.
Streaming services, music apps, cloud storage and digital subscriptions are monthly expenses most Singaporeans pay without thinking. Most cashback credit cards earn on these, but the rate varies depending on how each transaction is classified.
Dining in Singapore covers everything from kopitiam meals and café runs to restaurant dinners and GrabFood deliveries. Each one can earn cashback differently on the same credit card.
Your phone bill is possibly the most predictable thing in your budget. Same amount, same date, every single month, quietly leaving your account while you are busy thinking about literally anything else.Which raises a question worth asking: is your cashback credit card doing anything about it?
Earning cashback for shopping is not as straightforward as it looks. Whether you shop in-store, online, or on an overseas site affects what your card earns on every purchase.
Most cashback credit cards earn well in one or two categories. The real question is what happens to everything else with conditions like monthly caps.
Cashback on groceries is one of those areas where the fine print matters more than you'd expect.
You've optimised your Grab route. You know which MRT cabin lines up right at the escalator. You've even figured out the fastest bus route home, so props to you. The one thing you probably haven't thought of? Whether your cashback credit card is actually earning on any of it. 
Take a peek at five everyday spending habits that the right cashback credit card will reward consistently in Singapore, and what to look for so you're actually earning on all of them.
How much cashback you earn depends on your card and how each type is classified.
You're about to apply for a credit card. You've done your research, and now you're choosing between two very different promises: cashback or rewards points.
Here are five tell-tale signs your cashback card might be underperforming.
Before you tap your way into adulting, it helps to understand what's actually going on behind the scenes. Here's what's worth knowing before your first swipe.
For most spending, honestly, the timing gap won't change your life. But if you're the kind of person who taps their card the same way most Singaporeans do, timing starts to matter quite a bit.
When you signed up for your cashback card, what sold you? Probably the rate. 6% on dining. 5% on groceries. 8% on selected spending. We get it; sometimes the headline number is too attractive to ignore.
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Jun 2026
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Cashback sounds simple. But it isn’t always. Here are five things Singaporeans commonly get wrong about cashback, and what's actually going on.
"Unlimited" means different things on different cards. And knowing the difference is what separates cardholders who maximise their rewards from those who wonder why their cashback looks a lot like loose change at month end.
Navigating the ups and downs of the market can feel like a full-time job. What if you could hand over the heavy lifting to the experts?
Scroll through any credit card comparison site in Singapore and you'd notice most cashback cards advertise seemingly eye-catching rates. The question is which one works best for how you spend?

GXS Bank is a separate entity and is not associated with the businesses of Shell, Grab Holdings, Singtel and their entities. The GXS Savings Account, GXS FlexiLoan and GXS FlexiCard are provided by GXS Bank. GXS Bank holds a banking licence and is regulated by the Monetary Authority of Singapore.

Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Approval of all GXS FlexiLoan and GXS FlexiCard applications is subject to receipt of all supporting documents and further review. GXS Bank reserves the right to approve or reject your application without providing any reasons. Late interest charges/fees may apply in the event of late repayment. Your GXS FlexiLoan or GXS FlexiCard is subject to review from time to time, and may be cancelled by GXS Bank at its discretion.

At the moment, each applicant can only be eligible for one credit product under GXS Bank. In addition, if you hold a Grab PCA (Partner Cash Advance) and have drawn down on your Grab PCA at the point of submitting a GXS FlexiCard application, this may also affect the application outcome.

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