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Saturday, November 23, 2024

How I Save Extra With Fave 


For the uninitiated, Fave has been round since 2017 and provides a possibility so that you can earn each bank card rewards and cashback each time you pay.

However for those who didn’t already know, Fave is extra than simply QR code funds. 

I’ve been utilizing this to triple dip my rewards i.e.

  • Earn miles on bank card – even for when the service provider doesn’t settle for Mastercard or Visa
  • Obtain prompt cashback – to offset my subsequent transaction
  • Get further reductions and financial savings by way of Fave Offers, eCards and Present Playing cards

As we speak, I’ll allow you to in on this hack and share with you the other ways you should utilize Fave to save lots of and earn extra rewards.  

FavePay vs. Offers vs. eCards vs. Present Playing cards

The whole Fave ecosystem has grown past simply QR codes and offers.

Right here’s an summary of how you should utilize Fave at the moment:

  • Make in-person QR code funds with FavePay for fast cashback and bank card rewards
  • Search for unique Fave Offers for on-line or bodily retailer redemption 
  • Buy discounted eCards to cut back your invoice
  • Purchase Fave Present Playing cards for your self or your pals, for use straight with the respective model(s)

Right here’s how one can take advantage of out of Fave.

Tip 1: Make QR code funds with FavePay for fast cashback and bank card rewards

At any time when I see individuals scan the SG QR code to pay for his or her transaction, I all the time surprise in the event that they know they’ll choose FavePay as an alternative — because it comes with higher advantages.

The SGQR code means that you can use a wide range of fee choices – DBS PayLah, OCBC, UOB TMRW, Seize, Nets, and so forth. However not all fee strategies gives you bank card rewards, particularly because you’re paying through debit, or Seize which counts as an e-wallet top-up (and that’s usually excluded from miles or cashback).

Psst, do you know? For those who use DBS PayLah, GooglePay, UOB TMRW or Singtel Sprint, it’s also possible to get service provider cashback if the service provider accepts Fave! However you’ll not earn miles that means.

For those who had opted for PayNow or different fee apps for this occasion, it will have meant kissing goodbye to your bank card miles and Fave cashback. I’d gladly take these rewards for those who don’t need them!

I wager these individuals most likely don’t know that in the event that they pay by way of Fave as an alternative, they’ll earn their candy bank card factors. They might not even know the Fave app exists.

That’s as a result of once you hyperlink your most popular bank card(s) with FavePay, it means that you can convert an offline spend into an internet expense that may concurrently earn your bank card rewards.

Notice: Paying by way of the Fave will code the transaction as an internet one, whereas retaining the underlying service provider class code (MCC). Thus, you’ll be able to proceed to make use of your favorite class bank card to make sure that you get most cashback or miles.

So the following time you see the SGQR code with the Fave emblem (seek advice from picture above), use FavePay to make fee as an alternative so to earn each prompt accomplice cashback and bank card rewards!

Even higher could be the beneath ideally suited state of affairs:

Associate cashback As much as 20%
Bank card rewards 4 miles per greenback or 8 – 10% cashback

That’s as a result of every time you pay with Fave, you additionally get an prompt accomplice cashback (of as much as 20%) which might be utilised to offset future transactions on the identical retailer. For those who frequent the service provider pretty usually, this shouldn’t be an issue for you as a lot of the accomplice cashback are legitimate for 90 days.

Listed here are some in style FavePay retailers you can begin utilizing FavePay with:

  • Breadtalk (3% Cashback)
  • Gongcha (8% Cashback)
  • Jolibee (5% Cashback)
  • Sakae Sushi (5% Cashback) 
  • Nan Yang Dao (3% Cashback)
  • Dian Xiao Er (3% Cashback) 
  • Fei Fei Wanton Noodles (10% Cashback)
  • Acquire Metropolis (1% Cashback)
  • Harvey Norman (1% Cashback)
  • Marks and Spencer (2% Cashback)
  • Poke Idea (5% Cashback)

For those who frequent any of the above retailers, you’d wish to obtain the app onto your telephone now so that you’ll now not miss out on the cashback (which you need to have gotten all this whereas)!

Get $5 off your first transaction (min. spend: S$15) with the code FAVENEWBB5 (click on right here) from now till 31 October 2024.

My FavePay transactions and the corresponding 4 miles per greenback I obtained for every. Don’t you simply love double dipping? I actually do! 😀

Tip 2: Take a look at unique Fave Offers for on-line or bodily retailer redemption

Everybody loves lobangs, particularly unique ones that you would be able to’t discover elsewhere.

You’ll discover that in Fave Offers, which is unique to the Fave platform so that you can buy for on-line or bodily retailer redemptions. This wants slightly scrolling (or you’ll be able to simply seek for your favorite retailers), however for what it’s value, it can save you as much as 90% off on sure offers throughout meals and drinks, magnificence and wellness, actions or different retail retailers.

As an example, mother and father would most likely respect the Timezone deal, the place we get to save lots of $30 and get $80 value of Timezone credit (sufficient to maintain my youngsters blissful for not less than 3 visits). I additionally noticed offers for magnificence and therapeutic massage companies on the app. Since I don’t have a daily therapeutic massage place or therapist that I frequent, I respect these offers that enable me to ease my physique aches (sigh, I’m getting previous liao) at a trial value.

You possibly can even snag offers akin to 1-for-1 drinks at Gong Cha and Coconut Queen, or perhaps a 1-Day Gymnasium and Yoga Move (2 Pax) going for a steal at simply $9!

Tip 3: Buy discounted eCards to cut back your invoice

I had a number of latest encounters with Fave that confirmed me the facility of those discounted eCards.

The primary time it occurred was after I was eating at Morganfield’s. I observed there was an choice to pay through FavePay, so I went to scan the QR code and the app instantly prompted me that there was a $2 Morganfield’s eCard for $8 worth that I might buy. This then diminished my invoice from $51.99 all the way down to $45.99 i.e. an prompt $6 financial savings for little or no effort!

Fave eCards are discounted vouchers obtainable at over 1,400 shops islandwide. These can be utilized concurrently throughout your FavePay checkout for optimum financial savings.

Some in style eCards trending on the app proper now embrace:

  • WELCIA-BHG – Pay $95, Get $100
  • BHG – Pay $77, Get $88
  • Kei Kaisendon  – Pay $27, Get $30 
  • Lovet  – Pay $140, Get $150
  • Teo Heng KTV Studio –  Pay $92, Get $100

Begin making it a behavior to pay with FavePay everytime you see the QR code, and also you is perhaps shocked by the financial savings you may get!

Tip 4: Purchase Fave Present Playing cards strategically!

For those who store at Amazon Singapore, FairPrice, Foodpanda, Deliveroo, Lazada or Zalora, you would possibly wish to begin shopping for present playing cards on Fave to offset your spending.

That’s as a result of Fave offers Present Playing cards which are usually bought at a reduction, permitting you to save lots of immediately on on a regular basis bills with minimal effort. Or, for some manufacturers, Fave awards you with Fave Cashback simply from buying a Present Card.

Present Playing cards differ from Fave eCards as you wouldn’t have to make use of them by way of FavePay; as an alternative, you should utilize them on the service provider’s personal web site or retailer!

For those who’re as budget-conscious as I’m, you could have additionally observed that many of those retailers concurrently supply present playing cards or vouchers on different platforms akin to ShopBack or HeyMax. 

So how do you resolve the place to buy from? 

That basically boils all the way down to what you worth extra. 

I’ll use Amazon.sg’s present card for instance:

Fave HeyMax ShopBack
Financial savings No
(or as much as 10% reductions throughout sure promo durations)
No No
Cashback 3% cashback

(as much as 6% cashback throughout promo interval)

3-4 Max Miles on Mondays Sure
Bank card rewards Sure Sure Sure

Miles chasers might choose to get Amazon present vouchers off HeyMax, since that offers you extra mileage (pun supposed). However for those who care extra concerning the absolute {dollars} you’re paying, then shopping for it by way of Fave would possible be your best choice.

Throughout double-digit campaigns, it’s also possible to anticipate upsized cashback on Amazon Present Playing cards. As an example, I snagged a ten% off Amazon present card final month and shared about it on my Instagram right here.

All of it provides up!

From 8 to 11 September  2024, get pleasure from an unique 6% Fave Cashback on purchases of Amazon Contemporary or Amazon.sg present playing cards through the use of the code AMAZONFAVESEPDD

For those who didn’t snag that, fret not as a result of from now to 30 September (or whereas provides final), you’ll be able to obtain an prompt 3% Fave Cashback with the code, AMAZONFAVE.

Psst, I’ve heard from the Fave crew that extra present card manufacturers will likely be added later this month. So, for all of your end-of-year buying, you’ll know simply the place to go!

What are the most effective playing cards to make use of with Fave?

Okay, now that you understand the secrets and techniques of the way to maximise the app, let’s speak about which playing cards to make use of strategically with Fave in order that we are able to earn much more from our bank cards.

As a reminder, Fave converts your offline spending into on-line ones, however retains the underlying MCC. Therefore, the most effective miles playing cards to make use of could be:

For you cashback lovers, the most effective cashback playing cards to pair with Fave could be:

Card Class
UOB EVOL (10% cashback) On-line spend
HSBC Reside+ (8% cashback till 31 Dec 2024) Eating and buying
DBS Reside Contemporary (6% cashback) Purchasing
UOB Absolute Cashback (1.7% cashback) All
Citi Cashback+ (1.6% cashback) All
Customary Chartered Merely Money (1.5% cashback) All

Whilst we grapple with inflation and rising value of dwelling, there are nonetheless methods to get extra out of your on a regular basis spending once you study to be strategic about utilizing options like Fave.

Now that we’re dwelling in an period the place we now not must accept simply incomes bank card factors alone, what’s stopping you from triple dipping your rewards? 

Miles + cashback + reductions = that seems like a great mixture to me. 

That’s why I’ll be utilizing Fave at any time when the chance arises.

How about you?

Disclosure: This text was written in collaboration with Fave, whose crew fact-checked to make sure accuracy in all of the rewards I’ve written about.



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