This article is sponsored by Standard Chartered Bank (Singapore) Limited (“SCBSL”). All information provided is on an “as is” basis and for informational purposes only. The content, views, opinions and recommendations expressed in this article are the subjective view of MoneySmart. SCBSL is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein.
While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same objective lens. We are committed to providing the best recommendations and advice in order for you to make personal financial decisions with confidence. You can view our Editorial Guidelines here.
You might not have realised it, but the Great Singapore Sale (GSS) has started to gain some significant traction again, and we’re at that time of the year once more (yes, it’s already June!). A report by the Singapore Department of Statistics last year showed a recovery from the slump in 2016, with 2 – 4.1% increase in retail sales in June to August 2017 as compared to the previous year.
There are several reasons for this, but we’re certainly excited to see what this year’s GSS has to offer, and here are some ways in which you can make the most out of GSS 2018.
1. Get rewarded for card spend
Taking advantage of special offers during this period can help you to get a little bit more out of your expenditure than you usually would. One example would be Standard Chartered’s Shop to Win 2018 Promotion, which gives you a chance to win up to $100 cashback, plus the chance to win an additional $3,000 cashback. Here’s how it works:
Spin The Wheel*
From 16 May to 15 July 2018, charge a minimum of $150 in a single eligible transaction on your registered credit card for a chance to play the Spin the Wheel game and stand to be rewarded with up to $100 cashback. This is limited to the first 140,000 eligible transactions during the Promotion Period.
You can also stand a chance to be one of 50 winners to win $3,000 cashback in the lucky draw To qualify, a minimum eligible spend of $6,000 on a single registered credit card from 16 June to 15 July 2018 is required.
To participate, register at sc.com/sg/spintowin
Don’t have a Standard Chartered Credit Card yet? You can apply easily here
2. Save time finding the right deals with the GoSpree app
Launched by the Singapore Retailers’ Association (SRA), this app was one of the key success factors for GSS 2017. The app aggregated deals across over 200 participating brands, with exclusive offers and discounts only available through the app.
The use of technology to optimise the GSS experience is definitely a huge improvement in the overall retail experience. Previously, most shoppers in a mall would have to walk around figuring out if there were any relevant offers for them. More often than not, this would result in a lot of “fruitless” walking around and wasted time.
But now, with the GoSpree app, you can first see what offers appeal to you and be a lot more efficient with your shopping compared to having to fight the crowds just in the hope that you will find an offer attractive to you. Hopefully, this year will see an even better set of discounts and, given its previous success, a wider range of merchants as well.
3. Optimise your savings on Grab rides to your shopping destinations
Coupled with a more targeted shopping experience using the GoSpree app, you can also get more cashback from your Grab rides this GSS. From now till 31 July 2018, enjoy up to 20% cashback# on Grab rides booked via the Grab app in Singapore and overseas (capped at $30/month per cardholder).
Simply charge a monthly minimum of $900 in total eligible retail spends (not just on Grab App) to your Standard Chartered Credit Card.
What are you most excited about buying this GSS 2018? What rewards would you like to receive in return for card spend? E.g. cashback or reward points? Share your thoughts with us here.
Grab May to July 2018 Promotion Terms and Conditions
#The Standard Chartered and Grab May to July 2018 Promotion (“Promotion“) is available from 1 May 2018 to 31 July 2018 (both dates inclusive) (the “Promotion Period”) and is valid for eligible credit cards issued by Standard Chartered Bank (Singapore) Limited (card exclusions apply). An Eligible Cardholder can earn up to 20% Cashback (“Cashback“) on transactions made on the Grab App in a calendar month (“Eligible Cardholders“). To qualify, a Cardholder must successfully charge a minimum of $900 in that same month on total eligible retail transactions, (“Minimum Monthly Spend“) including transactions made on the Grab App. Maximum Cashback in a calendar month is capped at $30 per Cardholder. The Cashback will be credited into the Eligible Cardholder’s Card account by the 28th day of the next calendar month. The Standard Chartered and Grab May to July 2018 Promotion Terms and Conditions apply. Click here for the full terms and conditions that apply.
The Shop to Win 2018 Promotion (“Promotion”) consisting of, among others, the Spin The Wheel Promotion and the Lucky Draw Promotion, is available from 16 May to 15 July 2018 (both dates inclusive) (the “Promotion Period”). The Promotion is valid for eligible Standard Chartered Credit Cards (“Cards”) issued by Standard Chartered Bank (Singapore) Limited (“Bank”) (collectively, “Eligible Cardholders“). To be eligible for the Promotion, Eligible Cardholders must be amongst the first 100,000 to successfully register their Card during the Registration Period (as defined subsequently). For the Spin The Wheel Promotion, the registration period is from 14 May to 13 July 2018 (both dates inclusive) (“Spin The Wheel Registration Period”). 2 calendar days from the time of registration is required for successful registration for the Spin The Wheel Promotion. For the Lucky Draw Promotion, the registration period is from 14 May to 15 July 2018 (both dates inclusive) (“Lucky Draw Registration Period” and together with the Spin The Wheel Registration Period, the “Registration Period”). Registration of Cards for the Promotion has to be via SMS Registration or Online Registration in the prescribed format (as set out in the full terms and conditions of this Promotion) (such card a “Registered Card”). Transactions such as, but not limited to, insurance premiums, all modes of bills payments (including payments to telecommunications and utilities providers), payment via AXS and SAM networks, payment to government agencies (including LTA, HDB, IRAS, PUB, ICA & MOM), income tax payments, EZ-Link/TransitLink top-up/reload, any transactions pertaining to Merchant Category Codes 6211 (Security Brokers/Dealers) and 7995 (Gambling/Lotto), funds transfers, cash advances, NETS purchases, ongoing instalment payments, any fee and charges, cancelled and reversed transactions and outstanding balances will not be considered as a Spin The Wheel Qualifying Transaction or Lucky Draw Qualifying Transaction for purposes of the Spin The Wheel Promotion and Lucky Draw Promotion respectively. Click here for full terms and conditions that apply.
* Spin The Wheel Promotion: Eligible Cardholders who charge a minimum eligible spend of $150 in a single transaction to their Registered Card will receive an SMS for the chance to win up to $100 cashback (“Prizes”) (via winning SMSes) if the transactions are amongst the first 140,000 eligible transactions during the Promotion Period (each a “Winning Transaction”). Eligible Cardholders are eligible for one unique URL sent via one SMS (“Spin The Wheel SMS”) with every Winning Transaction made. SMSes will be sent to the registered mobile number with the Bank to inform the Eligible Cardholders that the Prizes have been credited to their Registered Card by 31 August 2018. The Spin The Wheel Promotion Terms and Conditions apply.
^ Lucky Draw Promotion: To qualify for the lucky draw pursuant to this Lucky Draw Promotion (“Lucky Draw”), Eligible Cardholders must during the Promotion Period, meet the minimum spend requirement of S$6,000 in eligible retail transactions based on transaction date (“Lucky Draw Minimum Spend”) on their Registered Card: (a) from 16 May 2018 to 15 June 2018 (both dates inclusive) (“First Period”); and/or (b) from 16 June 2018 to 15 July 2018 (both dates inclusive) (“Second Period”) (the First Period and the Second Period are hereinafter referred to each as a “Lucky Draw Spend Period”). Eligible Cardholders who meet the Lucky Draw Minimum Spend on their Registered Card during (i) the First Period, (ii) the Second Period or (iii) the First Period and the Second Period will be awarded with a maximum of one (1) chance per Lucky Draw Spend Period in which the Lucky Draw Minimum Spend was met. A total of fifty (50) $3,000 cashback prizes (the “Lucky Draw Prizes”) is available to be won in the Lucky Draw for each of the First Period and the Second Period. Each Eligible Cardholder is limited to one Lucky Draw Prize per Lucky Draw Spend Period. The Lucky Draw in relation to the First Period will be held on 18 July 2018 and, in relation to the Second Period, 15 August 2018. Cardholders that have won a Lucky Draw Prize will be notified by SMS no later than (a) 31 July 2018 if they have won a Lucky Draw Prize during the First Period and (b) 31 August 2018 if they have won a Lucky Draw Prize during the Second Period to inform them that the $3,000 cashback that has been credited to their Registered Card account. The Lucky Draw Promotion Terms and Conditions apply.
Keep updated with all the news!
Get the latest personal finance tips and tricks delivered to your inbox!
We promise never to spam you!