Hi Everyone,
I believe most of you have heard about POSB Cashback Bonus program introduce by POSB (obviously). After reading the requirements online, I find that this might be a good way for me to earn some cashback if I buy my property next year and get a loan from POSB. If I manage to do that I think this will be an additional passive income for me!
The requirement as shown in the picture below
So if I were to get it, I will be aiming for these three requirements, 1) Credit Card, 2) Home Loan Installment (condo loan) and Investment (Invest Saver).
I did a rough calculation (Just an estimation)
Spending $100 - Credit Card
Home Loan $1800 per month
Investment - $200 per month
With the above, I can earn about $36 per month, which I think is good. Because with this $36, it is another ......