Singsaver is offering an attractive promotion for caffeine lovers this November where you can receive a brand new Nespresso Inissia Coffee Machine & Aeroccino 4 Milk Frother (UP S$346). New Standard Chartered (SCB) cardholders (those who have not held SCB card in the past 12 months) who apply for a credit card and get approved are eligible for the Nepresso machine. This promotion is valid until 9th November 2020.
Annual fee is waived for the first two years for all the cards listed below. Standard Chartered usually waives the annual fee for succeeding years as long as you actively use the card but if not, you can always cancel to avoid paying the annual fee. You can even cancel the card after receiving the Nespresso machine if you wish.
If you are already an existing SCB cardholder, fret not. You still get to have S$30 GrabFood vouchers with your successful application.
After clicking submit on your credit card application, make sure to take note of your Application Reference Number. You will have to fill out a redemption form (automatically sent to your email once you make a card application) in order to be registered.
Once your card is approved, remember to make at least one transaction (any amount) within 30 days of receiving your card in order to receive the reward. You will get an email within 60 to 90 days with instructions on how to claim your gift.
Here are the SCB cards that qualify for the promotion:
Standard Chartered Unlimited Credit Card
Earn 1.5% cashback on all spend.
Annual Fee: S$192.60 (waived for two years)
Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$42,000 (foreigner)
Standard Chartered Rewards Plus Card
Earn 2.9 miles per dollar on foreign currency spend (this is capped at S$2,200 per year).
Annual Fee: S$192.60 (waived for two years)
Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$42,000 (foreigner)
Why is the sign-up gift so attractive?
The traditional way of getting new card sign ups – that of hiring promoters and organizing roadshows in areas with heavy foot traffic – actually cost a lot of money. Many card companies have resorted to doing it online for the past few years – often through the help of aggregators such as Singsaver. The cost saving allows them to offer attractive gifts from time to time such as cash, luggage or in this case, the Nespresso machine. In this case, both the credit card issuing bank and Singsaver could also jointly fund the gift.
Fulfillment of this promotion is done by Singsaver. You can check here for the full T&C.
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