TL;DR: Which Credit Card Should You Use For 7.7?
| Your 7.7 purchase | Best card to check first | What you could earn | Main catch |
|---|---|---|---|
| Lazada purchase of around S$100 | Lazada-UOB Card | 20% Lazada |
Your 7.7 cart costs S$600. One credit card advertises 20% rebates. Another offers 10% cashback. A third gives 5%. The 20% card must be the obvious winner, right? Not once the cashback caps come in. The Lazada-UOB Card’s current 20% Lazada rebate is capped at S$20. On a S$600 purchase, that works out to an effective return of just 3.33%. Meanwhile, the Maybank XL Cashback Card’s 5% rate would return S$30, assuming you meet its S$500 monthly spending requirement and the transaction qualifies. That is the problem with choosing a credit card for online shopping during 7.7: the headline rate is easy to compare, but the usable reward on your actual cart is what matters.
...
