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Retirement Guru: Triple Play
For retirees in Singapore, maximizing every dollar is crucial to stretching your retirement income. The rise of digital payment methods and reward programs offers an opportunity to extend your spending power by stacking rewards from credit cards, retail apps, and mall loyalty programs.
What Is Triple Play?
Triple Play involves earning rewards from three different sources for the same purchase:
- Credit Card Rewards: Many credit cards in Singapore offer cashback, miles, or points for every dollar spent. Cards like the DBS Live Fresh or UOB One Card are popular for their generous reward schemes.
- Retail App Discounts: Numerous retailers in Singapore have apps offering exclusive discounts, loyalty points, or vouchers for in-store and online purchases. Examples include NTUC FairPrice’s app, CapitaStar, and the Lendlease Plus app.
- Mall Loyalty Programs: Malls also have loyalty programs that reward shoppers for their spending. Programs like Changi Rewards, Suntec+, CapitaStar Rewards and Frasers Experience (FRx) offer points that can be redeemed for vouchers, parking, and more.
By choosing where to shop and how to pay, you can simultaneously earn rewards from all three…
