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I made the mistake of signing up for "Trust Bank"

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Wd40
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Re: I made the mistake of signing up for "Trust Bank"

Post by Wd40 » Sun, 30 Oct 2022 9:17 pm

The fee less is for FX transactions. Locals transactions are all feeless anyways. It is not worth it for using this card for any rebates or cashback on spending. There are better cards.

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Re: I made the mistake of signing up for "Trust Bank"

Post by therat » Sun, 30 Oct 2022 9:55 pm

I use these voucher.. so far so good
Sept have $0.99 Burger King burger and 50% off KFC Zinger Box
Oct have $3 Fish Burger or BBQ Chicken Burger with fries and coke.

The only problem I encounter is Stamp Cards with Kopitam. They dont allow me to pay using TRUST CC. That is that Kopitam outlet problem

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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Sun, 30 Oct 2022 9:57 pm

Wd40 wrote:
Sun, 30 Oct 2022 9:15 pm
Lisafuller wrote:
Sun, 30 Oct 2022 9:13 pm
Wd40 wrote:
Sun, 30 Oct 2022 9:12 pm
What exactly happened? I opened the trust Bank account used up the vouchers and now I just keeping my excess cash in it for 1% interest. I don't see any problem. There is a huge thread in HWZ about this and haven't heard anything such from them.
What are the vouchers for?
Fairprice vouchers total $35 and 1kg of rice.
Wow, is this a one time thing? Or like once a year? And what's the catch for signing up?

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Re: I made the mistake of signing up for "Trust Bank"

Post by therat » Sun, 30 Oct 2022 9:59 pm

Wd40 wrote:
Sun, 30 Oct 2022 9:17 pm
The fee less is for FX transactions. Locals transactions are all feeless anyways. It is not worth it for using this card for any rebates or cashback on spending. There are better cards.
agree.
not worth for using locally or treat that as your main card

For the saving account, 1% interest.
If you do 5 transaction, you will have extra 0.2% or 0.4% for NTUC member.

what I did is .. i topup $1 (5x) on day 1 on my company machine card to get 0.4% since I'm NTUC member.

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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Sun, 30 Oct 2022 9:59 pm

Wd40 wrote:
Sun, 30 Oct 2022 9:17 pm
The fee less is for FX transactions. Locals transactions are all feeless anyways. It is not worth it for using this card for any rebates or cashback on spending. There are better cards.
Local transactions aren't all feeless, Visa cards now charge processing fees even for local transactions (like using Grab).

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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Sun, 30 Oct 2022 10:01 pm

therat wrote:
Sun, 30 Oct 2022 9:55 pm
I use these voucher.. so far so good
Sept have $0.99 Burger King burger and 50% off KFC Zinger Box
Oct have $3 Fish Burger or BBQ Chicken Burger with fries and coke.

The only problem I encounter is Stamp Cards with Kopitam. They dont allow me to pay using TRUST CC. That is that Kopitam outlet problem
Sound like pretty good deals, but I don't eat much fast food (trying to lose weight LOL)

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Re: I made the mistake of signing up for "Trust Bank"

Post by therat » Sun, 30 Oct 2022 10:02 pm

Lisafuller wrote:
Sun, 30 Oct 2022 9:57 pm
Wd40 wrote:
Sun, 30 Oct 2022 9:15 pm
Lisafuller wrote:
Sun, 30 Oct 2022 9:13 pm


What are the vouchers for?
Fairprice vouchers total $35 and 1kg of rice.
Wow, is this a one time thing? Or like once a year? And what's the catch for signing up?
one time thing, during their launching. I believe the rice no longer offering. Not sure abt NTUC voucher

sign up is NTUC $25, $10 if you use someone refer code or someone use your refer code.
If you refer 10 person, you will get $10X10.

everyone is sharing refer code during the launcher. Until HWZ give "candle" if you share your code lol
Last edited by therat on Sun, 30 Oct 2022 10:04 pm, edited 1 time in total.

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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Sun, 30 Oct 2022 10:02 pm

therat wrote:
Sun, 30 Oct 2022 9:59 pm
Wd40 wrote:
Sun, 30 Oct 2022 9:17 pm
The fee less is for FX transactions. Locals transactions are all feeless anyways. It is not worth it for using this card for any rebates or cashback on spending. There are better cards.
agree.
not worth for using locally or treat that as your main card

For the saving account, 1% interest.
If you do 5 transaction, you will have extra 0.2% or 0.4% for NTUC member.

what I did is .. i topup $1 (5x) on day 1 on my company machine card to get 0.4% since I'm NTUC member.
And you do this every day? Seems like a hassle, no?

therat
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Re: I made the mistake of signing up for "Trust Bank"

Post by therat » Sun, 30 Oct 2022 10:05 pm

Lisafuller wrote:
Sun, 30 Oct 2022 10:02 pm
therat wrote:
Sun, 30 Oct 2022 9:59 pm
Wd40 wrote:
Sun, 30 Oct 2022 9:17 pm
The fee less is for FX transactions. Locals transactions are all feeless anyways. It is not worth it for using this card for any rebates or cashback on spending. There are better cards.
agree.
not worth for using locally or treat that as your main card

For the saving account, 1% interest.
If you do 5 transaction, you will have extra 0.2% or 0.4% for NTUC member.

what I did is .. i topup $1 (5x) on day 1 on my company machine card to get 0.4% since I'm NTUC member.
And you do this every day? Seems like a hassle, no?
no. only day1 of the mth.
The extra interest will start when you have done 5 transaction.
Instead of topup $5 in 1 go. I just top up $1 for 5x. lol

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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Sun, 30 Oct 2022 10:09 pm

therat wrote:
Sun, 30 Oct 2022 10:05 pm
Lisafuller wrote:
Sun, 30 Oct 2022 10:02 pm
therat wrote:
Sun, 30 Oct 2022 9:59 pm


agree.
not worth for using locally or treat that as your main card

For the saving account, 1% interest.
If you do 5 transaction, you will have extra 0.2% or 0.4% for NTUC member.

what I did is .. i topup $1 (5x) on day 1 on my company machine card to get 0.4% since I'm NTUC member.
And you do this every day? Seems like a hassle, no?
no. only day1 of the mth.
The extra interest will start when you have done 5 transaction.
Instead of topup $5 in 1 go. I just top up $1 for 5x. lol
Ahh, once a month isn't that bad. Smart workaround on your end!

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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Sun, 30 Oct 2022 10:11 pm

therat wrote:
Sun, 30 Oct 2022 10:02 pm
Lisafuller wrote:
Sun, 30 Oct 2022 9:57 pm
Wd40 wrote:
Sun, 30 Oct 2022 9:15 pm


Fairprice vouchers total $35 and 1kg of rice.
Wow, is this a one time thing? Or like once a year? And what's the catch for signing up?
one time thing, during their launching. I believe the rice no longer offering. Not sure abt NTUC voucher

sign up is NTUC $25, $10 if you use someone refer code or someone use your refer code.
If you refer 10 person, you will get $10X10.

everyone is sharing refer code during the launcher. Until HWZ give "candle" if you share your code lol
What do you mean candle?

therat
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Re: I made the mistake of signing up for "Trust Bank"

Post by therat » Sun, 30 Oct 2022 10:15 pm

Lisafuller wrote:
Sun, 30 Oct 2022 10:11 pm
therat wrote:
Sun, 30 Oct 2022 10:02 pm
Lisafuller wrote:
Sun, 30 Oct 2022 9:57 pm


Wow, is this a one time thing? Or like once a year? And what's the catch for signing up?
one time thing, during their launching. I believe the rice no longer offering. Not sure abt NTUC voucher

sign up is NTUC $25, $10 if you use someone refer code or someone use your refer code.
If you refer 10 person, you will get $10X10.

everyone is sharing refer code during the launcher. Until HWZ give "candle" if you share your code lol
What do you mean candle?
love warning mail

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Wd40
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Re: I made the mistake of signing up for "Trust Bank"

Post by Wd40 » Sun, 30 Oct 2022 10:21 pm

Lisafuller wrote:
Sun, 30 Oct 2022 9:59 pm
Wd40 wrote:
Sun, 30 Oct 2022 9:17 pm
The fee less is for FX transactions. Locals transactions are all feeless anyways. It is not worth it for using this card for any rebates or cashback on spending. There are better cards.
Local transactions aren't all feeless, Visa cards now charge processing fees even for local transactions (like using Grab).
This fee is charged by grab and some wallets(I think revolut also) for visa cards to recover the high merchant fees which visa charges grab. So here grab is charging the top up fee. If you want to use Grab for some reason and want to top it up with visa then it is not avoidable. But there is a much better way to top up Grab and that is using an Amex True cash back card or UOB absolute AMEX card, you get 1.5 and 1.7% cashback respectively.

Head over to MoneyMind credit cards section in HWZ, there is a treasure of information.

You won't believe me, the amount of free money I make using credit cards, funds all my discretionary spending lol.

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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Mon, 31 Oct 2022 1:03 am

therat wrote:
Sun, 30 Oct 2022 10:15 pm
Lisafuller wrote:
Sun, 30 Oct 2022 10:11 pm
therat wrote:
Sun, 30 Oct 2022 10:02 pm


one time thing, during their launching. I believe the rice no longer offering. Not sure abt NTUC voucher

sign up is NTUC $25, $10 if you use someone refer code or someone use your refer code.
If you refer 10 person, you will get $10X10.

everyone is sharing refer code during the launcher. Until HWZ give "candle" if you share your code lol
What do you mean candle?
love warning mail
Ahh, got it. I'm not really on many forums, especially not HWZ so I don't know much of the lingo :shock:

Lisafuller
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Re: I made the mistake of signing up for "Trust Bank"

Post by Lisafuller » Mon, 31 Oct 2022 1:04 am

Wd40 wrote:
Sun, 30 Oct 2022 10:21 pm
Lisafuller wrote:
Sun, 30 Oct 2022 9:59 pm
Wd40 wrote:
Sun, 30 Oct 2022 9:17 pm
The fee less is for FX transactions. Locals transactions are all feeless anyways. It is not worth it for using this card for any rebates or cashback on spending. There are better cards.
Local transactions aren't all feeless, Visa cards now charge processing fees even for local transactions (like using Grab).
This fee is charged by grab and some wallets(I think revolut also) for visa cards to recover the high merchant fees which visa charges grab. So here grab is charging the top up fee. If you want to use Grab for some reason and want to top it up with visa then it is not avoidable. But there is a much better way to top up Grab and that is using an Amex True cash back card or UOB absolute AMEX card, you get 1.5 and 1.7% cashback respectively.

Head over to MoneyMind credit cards section in HWZ, there is a treasure of information.

You won't believe me, the amount of free money I make using credit cards, funds all my discretionary spending lol.
Can't really understand why be so would do that though - when master, AMEX and all the other major credit cards don't charge any fee, people are going to stop using Visa.

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