What is the difference between a SingSaver cash reward and cashback or cash credit?

SingSaver rewards are provided by SingSaver, and we generally email redemption details for these rewards closer to their collection date, for your easy reference. These rewards could come in various forms, including physical vouchers or items, or digital vouchers.

A reward notification email is sent to the customer who is eligible for a cash reward by SingSaver. This cash reward may be collected either at the indicated redemption centre or issued to customer’s bank account via a service such as PayNow. Mode of cash reward disbursement is at the discretion of SingSaver and may differ depending on the promotion’s terms and conditions. 

Cash back or cash credit is a cash reward benefit fulfilled directly by the bank, to the customer, generally in the form of credit into the customer’s eligible card account.  

Please note that the fulfilment period varies by banks and the banks have the final discretion on the fulfilment of cashback.