January Deals: Great Start to the Year

Januarys tend to be a relatively soft month for deals – at least for the past couple of years – but January 2023 has been great. There is a whole bunch of promos and deals for most classes of products we care about, and let’s hope this keeps up for the rest of 2023.

Turnaround time for gift fulfilment

Do note that fulfilment of promos through a intermediary like SingSaver can take a few months, so apply if you are willing to wait. Usually, applying directly with the product provider can get you rewards faster, but SingSaver tends to have better promos. Moving forward, I will highlight the source of rewards more prominently.

Last chance for Citi Plus promo

Citi Plus is offering an excellent deal of S$100 when you open your account, an additional S$60 for holding a Citi credit card, and even more when you fund your account. The deal is going to be worse after 8th January, so this is the last weekend for you to grab the current promo:

Citi
Interest Booster Account

Until 29th February 2024

ActivityReward
Apply for Citi Plus Interest Booster Account and fill up SingSaver form in email ⚠️ no form, no rewardS$50 cash
(fulfilled by SingSaver)¹
Deposit minimum S$20,000 in fresh funds within 2 months of account opening and maintain until Month 6Additional S$100 Cash or an TP-Link Smart Tapo RV10 Lite Robot Vacuum (worth $259)
(fulfilled by SingSaver)¹
Upon opening an account and funding S$20,000 in fresh funds. S$30 cash reward from Citi²
Holding a valid primary/main Citi Credit CardExtra S$30 bonus card reward from Citi²
Base interest of the account (no salary, spend etc. requirement)1.5% p.a. up to the first S$50,000 deposit
Total: S$210 + interest

For reference only. Terms and conditions apply (save a copy for your own future reference):

  1. SingSaver terms and conditions
  2. Citibank terms and conditions

Note that there is an early closure fee of S$50 if account is closed within 6 months but fall-below fees are waived until 31 December 2024.

Bank account promos

Aside from Citi Plus, other banking deals look good this month, and I’ve collated them over at the Savings page. Notable ones include S$188 for BonusSaver which is recently offering more than 4% p.a. in realistically achievable interest, and S$350 for HSBC EGA.

Excellent credit card deals

This month, we have three banks offering at least S$300 of sign-up promos at once. Citi is giving an excellent choice between an iPad and S$350, while StanChart is offering S$320 with no minimum spend required!

HSBC is also offering S$300 for selected credit cards, and they have been a relatively rare sight for great credit card promos so grab the deal when you have the chance.

Don’t forget also DBS and CIMB – not their highest ever promos, but both are offering S$250 sign-up gifts.

If you are willing to pay annual fees for a lifestyle card, and there are strong reasons to do so, there’s the Citi Prestige promo and the Amex Platinum Charge promo. Both sign-up offers are set to end later this month.

Last updated: 15th April 2024

Super Upsized Reward: fastest 10 applicants at each time slot of 12PM, 3PM, or 6PM get upgraded gift of iPad or iPhone! Tap here for details; from 13th to 18th March 2024

🔥 Great deal
💳 Sign-up gifts for existing bank customers

CardsRewardsEndingRemarksReward Provider
🔥Citi CardsGet miles or S$300 cashback! Or choose between gadgets or S$400 eCapitaVoucher
30th April 2024Citi or SingSaver
🔥💳Citi PrestigeGet 50,000 miles, even for existing Citi cardholders31st May 2024Works even for existing Citi cardholders. Great deal offsets annual fees; useful features.Citi
🔥Maybank CardsS$200 cashback, suitcases, AirPods, or 10,000 milesOngoingMaybank
🔥
💳
DBS CardsDBS yuu: $388 cashback

DBS Vantage: 85,000 bonus miles

DBS Altitude: 43,400 bonus miles 

DBS Takashimaya:
S$150 cashback
30th April 2024Many DBS promos work even for existing DBS cardholders!DBS
CIMB CardsS$280 cash via PayNow30th April 2024SingSaver
🔥StanChartStanChart Simply Cash: get up to S$420 or iPad + S$90 eCapitaVouchers!

StanChart Journey: 45,000 miles + S$120 cash / Dyson Fan + up to S$40 bonus eCapitaVoucher
30th April 2024StanChart + SingSaver
🔥💳HSBC CardsS$350 eCapitaVoucher or gadgets14th May 2024Existing HSBC cardholders get some rewards too!HSBC
🔥UOB CardsUp to 31,000 Miles!30th April 2024UOB
Amex CardsAmex True Cashback: S$200!

Amex Platinum Charge: up to 140,000 points
21st April 2024Amex/SingSaver
🔥Kris+$5
Multiple promos happening in-app
OngoingWallet app with great promos and extra rewards
No income requirement
Direct
Big PayS$5 cashbackOngoingWallet app; no income requirementDirect
iChangeS$5OngoingMulti-currency wallet app
No income requirement
YouTripS$5OngoingMulti-currency wallet app
No income requirement
Direct
🔥Instarem Amaze325 points (S$3.25)OngoingDirect
For quick reference only. Please check respective terms and conditions for full details.

Webull

Webull lowered their promo in the New Year, but recently changed their minds about it. You can still a generous US$150 of cash coupons if you haven’t already done so:

Webull

Until 3.59PM 30th April 2024

8 days 1 hour 41 minutes 36 seconds left to grab this offer!

ActivityReward
 Register and open account with this link 0 commission trades for US Stocks and ETFs for 31 days
0 subscription fees for mutual funds
Welcome PromoFund at least US$500 and complete 1 buy trade5 free shares worth US$10 to US$500 each

🔥 Bonus 2 more shares for using my link
Welcome Promo ADeposit US$2,000, complete 5 buy trades and maintain until 31st May 2024

or

Subscribe at least US$2,000 to Moneybull and maintain until 31st May 2024
Get
15 free shares worth US$10 to US$500 each
Or Welcome Promo BDeposit US$100,000, complete 10 buy trades and maintain until 31st July 2024

or

Subscribe at least US$100,000 to Moneybull and maintain until 31st July 2024
Get US$2,950 worth of free shares
Transfer-in PromoParticipate in Transfer-in Promo and fill out Share Transfer Form

a) First transfer of US$5,000 of shares and maintain for 1 year

b) First transfer of US$25,000 of shares and maintain for 1 year

c) First transfer of US$100,000 of shares and maintain for 1 year
a) US$150 transfer subsidy + US$1,000 shares

b) US$150 transfer subsidy + US$3,000 shares

c) US$450 transfer subsidy + US$10,000 shares

Exclusive bonus: 3-month commission-free US stocks trading
You can fund the equivalent in Singapore dollars using the rate SGD$ = US$0.7297

Get 0 platform fee, and trade fractional shares from as low as US$5 per trade. Great for dollar-cost averaging small amounts!

*T&Cs apply. Principal is not guaranteed. Returns are not guaranteed and not an indication of future performance. All investments involve risks and are not suitable for every investor. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Terms and conditions:

Last updated: 5th April 2024

Cathay Pacific’s 15% bonus for miles conversion

While Singapore Air is perhaps the biggest frequent flyer programme in Singapore, it is not the only game in town. Cathay Pacific is offering 15% bonus miles when you transfer at least 20,000 miles from your bank points, and this offer is good until 31st January 2023.

While most points conversion take just a couple of days to process, it can take up to a week or two, so convert your points early as points that reach your Asia Miles account after 31st January 2023 will not accrue any bonus points.

Other promos

There are of course other deals like Kris+’s excellent Spend and Win campaign, and DBS’s 5% extra cashback promo (check your PayLah app), and we will probably see even more CNY promos happening over the next couple of weeks.

Stay subscribed to be kept informed of the latest and greatest deals… and a particular Google Pay “game”.

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