ANZ Singapore has just announced a new Optimum World MasterCard credit card that offers rebates on everything, a respectable 5% of your spending. There’s a condition though – you can only choose one of the 4 categories (Dining & Leisure, Travel, Shopping or Groceries) every quarter of the year.
|Category||You can use in...|
|Dining & Leisure||Restaurants, Bars, Hotels and Cinemas|
|Travel||Airlines, Travel Agencies and Online Travel Portals|
|Shopping||Fashion Boutiques and Online Fashion Stores|
Which means you can only redeem cash rebates from a single category of spending within a quarter, which isn’t so convincing per se but if you, for example, travel often during the end of the year or do groceries from different supermarkets but can’t find a credit card that gives you decent cash rebates, this new ANZ credit card will make up for it. Additionally, anything else that you spend earns a 1% rebate if they don’t fall into any of the above categories.
ANZ Optimum World Mastercard will also keep your wallets sane, since you can do away with rebate credit cards that only can be used in a single store or service. ANZ has also provided a webpage that lets you change the category for your credit card easily, but you will have to remember the submission cut-off dates.
You can sign up for the new credit card online or at an ANZ bank branch near you.Apply Now