facebookGXS Credit Card just launched. Is 1.75% uncapped cashback actually better than tiered cards like UOB One? - Seedly

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GXS Credit Card just launched. Is 1.75% uncapped cashback actually better than tiered cards like UOB One?

GXS just launched their first credit card on 17 Aug (Visa, with Grab and Singtel). The headline is 1.75% cashback on local spend with no cap, but there's a S$500 minimum spend per billing cycle. You can also get up to 10% cashback in GrabCoins on Grab spends, and Singtel/GOMO bill rebates via FlexiCard.

Curious what people think. Does uncapped 1.75% actually beat the tiered 5-10% cards once you factor in the S$500 min spend? Anyone applied yet? How's the GXS app experience for card management?

Discussion (16)

What are your thoughts?

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Was kinda skeptical at first but tbh it’s pretty decent so far. I like that the GXS app makes it quite easy to see how much cashback I’ve gotten. I use Grab almost daily, so getting the cashback instantly is quite shiok haha. And i think the 1.75% unlimited cashback is quite attractive since there's no cap.

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Hmmm, honestly I don't spend that much to the point where I can clock multiple credit card rewards. So I just use my OCBC Infinity to combo with my OCBC 360 account for the higher interest rate. The GXS credit card doesn't excel in local cash back, no bank account interest rate, no fx transaction cashback. So I personally have no use for the GXS credit card.

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If you can hit the $500 spend, 1.75% uncapped is not bad, but 5–10% cards still better if you can me...

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