Singapore : SoCash Promo - Withdraw Cash & Earn 1.5% Cashback
Updated : 18 Aug 2020Let's cut story short !
MAIN TIPS :
August 2020 Best Deal : Withdraw cash from ShengSiong and earn up to S$7.50 cashback everyday. Read further details.
SoCash is a mobile application turns nearby shops into digital ATM, allows user to withdraw cash and earn Rewards at participating shops without need of ATM card. Save time from queuing and searching for ATM. Only Rewards, No Charges.
How to Withdraw Cash
1) Enter amount in Apps for withdrawal
2) Select shop to pick up the cash
3) Login iBanking of selected bank
4) Shop cashier scans the QR code generated in Apps
Tips : User may perform Step 1 earlier at any place, cash allowed to pick up within 1 hour thereafter. This would avoid disappointment and wasted a trip down to shop that has insufficient cash for withdrawal.
Regular CashBack Rewards
Valid until end of 2020
Min withdrawal S$30 = 10 points (only on 1st withdrawal of the day)
Every 30 points = S$1.00 Cashback (aka 3rd withdrawal earns S$1.00)
30 points / 3 withdrawals must be completed within 7 days from 1st withdrawal
Points gauge will reset upon 30 points completed / after 7th day, whichever come first
WAIT WAIT WAIT ! Read further for ShengSiong CashBack to maximize for August 2020 promo!
ShengSiong CashBack
Valid until end of Aug 2020
Look for greenie $TM at ShengSiong as below image
Min withdrawal S$50 to earn 1.5% cashback (only on 1st withdrawal of the day)
Max withdrawal S$500 one time at $TM, meaning max S$7.50/day
Select the "SoCash" on $TM screen, $TM has QR scanner to scan the QR code on your device
SoCash Game Plan
Updated : 18 Aug 2020
Day 1️⃣: withdraw S$500, Redeem S$ X cashback (if any)
Earn S$7.50 cashback + 10 points
Day 2️⃣: withdraw S$500, Redeem S$7.50 cashback
Earn S$7.50 cashback + 10 points
Day 3️⃣: withdraw S$500, Redeem S$7.50 cashback
Earn S$7.50 cashback + S$1.00 cashback (3rd 10 points)
Day 4️⃣: withdraw S$30, Redeem S$7.50 cashback
Earn 10 points
Day 5️⃣: withdraw S$30, Redeem S$1.00 cashback
Earn 10 points
Day 6️⃣: withdraw S$30
Earn S$1.00 cashback (3rd 10 points)
Day 7️⃣: withdraw S$30, Redeem S$1.00 cashback
Earn 10 points
Day 8️⃣: withdraw S$30
Earn 10 points
Day 9️⃣: withdraw S$30
Earn S$1.00 cashback (3rd 10 points)
Day 🔟: withdraw S$30
Earn 10 points
Days onward : Continue to cycle the Regular CashBack Rewards
Hearsays :
Max withdrawal that enjoy 1.5% capped S$1,500 per month (informed by community in mid Aug 2020)
Max withdrawal limit capped S$1,000 daily
Max Cashback earned capped S$30 earned per month
** the promo T&C changes rapidly.
Testified Tips:
Max withdrawal 6 times a day if you want to redeem the cashback quickly
Somehow, the Regular CashBack Rewards still give 10 points although already over 7 days span, see below image
Complete & updated details, visit official site.
Promo Tips :
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💳 Singtel Dash - everything gets 8% + 1.2% cashback
💵 Free $10 Singlife 2.5% p.a. daily interest
💳 8% Cashback card by Maybank FnF