Home Budget How I Save Extra With Fave 

How I Save Extra With Fave 

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How I Save Extra With Fave 

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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 when you 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 immediate cashback – to offset my subsequent transaction
  • Get extra reductions and financial savings by Fave Offers, eCards and Reward Playing cards

As we speak, I’ll allow you to in on this hack and share with you the alternative ways you should use Fave to avoid wasting and earn extra rewards.  

FavePay vs. Offers vs. eCards vs. Reward Playing cards

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

Right here’s an summary of how you should use Fave in the present day:

  • 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 scale back your invoice
  • Purchase Fave Reward Playing cards for your self or your folks, 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 folks scan the SG QR code to pay for his or her transaction, I at all times marvel in the event that they know they’ll choose FavePay as an alternative — because it comes with higher advantages.

The SGQR code permits you to use quite a lot 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 sometimes excluded from miles or cashback).

Psst, do you know? When you use DBS PayLah, GooglePay, UOB TMRW or Singtel Sprint, you too can get service provider cashback if the service provider accepts Fave! However you’ll not earn miles that means.

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

I wager these folks most likely don’t know that in the event that they pay by 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 if you hyperlink your most well-liked bank card(s) with FavePay, it permits you to convert an offline spend into a web-based expense that may concurrently earn your bank card rewards.

Notice: Paying by the Fave will code the transaction as a web-based 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 brand (seek advice from picture above), use FavePay to make fee as an alternative so as to earn each immediate associate cashback and bank card rewards!

Even higher can be the beneath superb situation:

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 immediate associate cashback (of as much as 20%) which may be utilised to offset future transactions on the identical retailer. When you frequent the service provider pretty typically, this shouldn’t be an issue for you as a lot of the associate cashback are legitimate for 90 days.

Listed here are some fashionable 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)
  • Achieve Metropolis (1% Cashback)
  • Harvey Norman (1% Cashback)
  • Marks and Spencer (2% Cashback)
  • Poke Concept (5% Cashback)

When you frequent any of the above retailers, you’d need to obtain the app onto your telephone now so that you’ll 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: Try unique Fave Offers for on-line or bodily retailer redemption

Everybody loves lobangs, particularly unique ones which you can’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 a little bit scrolling (or you’ll be able to simply seek for your favorite retailers), however for what it’s price, 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 illustration, dad and mom would most likely recognize the Timezone deal, the place we get to avoid wasting $30 and get $80 price of Timezone credit (sufficient to maintain my children comfortable for not less than 3 visits). I additionally noticed offers for magnificence and therapeutic massage providers on the app. Since I don’t have an everyday therapeutic massage place or therapist that I frequent, I recognize these offers that enable me to ease my physique aches (sigh, I’m getting outdated liao) at a trial value.

You may 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 scale back your invoice

I had a couple of latest encounters with Fave that confirmed me the ability 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 decreased my invoice from $51.99 all the way down to $45.99 i.e. an immediate $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 fashionable 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 may be shocked by the financial savings you may get!

Tip 4: Purchase Fave Reward Playing cards strategically!

When you store at Amazon Singapore, FairPrice, Foodpanda, Deliveroo, Lazada or Zalora, you may need to begin shopping for present playing cards on Fave to offset your spending.

That’s as a result of Fave supplies Reward Playing cards which can be typically bought at a reduction, permitting you to avoid wasting immediately on on a regular basis bills with minimal effort. Or, for some manufacturers, Fave awards you with Fave Cashback simply from buying a Reward Card.

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

When you’re as budget-conscious as I’m, you’ll 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 actually boils all the way down to what you worth extra. 

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

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 want to get Amazon present vouchers off HeyMax, since that provides you extra mileage (pun meant). However when you care extra in regards to the absolute {dollars} you’re paying, then shopping for it by Fave would probably be your best choice.

Throughout double-digit campaigns, you too can count on upsized cashback on Amazon Reward Playing cards. As an illustration, 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, take pleasure in an unique 6% Fave Cashback on purchases of Amazon Recent or Amazon.sg present playing cards by utilizing the code AMAZONFAVESEPDD

When you 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 immediate 3% Fave Cashback with the code, AMAZONFAVE.

Psst, I’ve heard from the Fave workforce that extra present card manufacturers might be added later this month. So, for all of your end-of-year purchasing, 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 realize the secrets and techniques of methods to maximise the app, let’s speak about which playing cards to make use of strategically with Fave in order that we will 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 can be:

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

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

At the same time as we grapple with inflation and rising price of residing, there are nonetheless methods to get extra out of your on a regular basis spending if you be taught to be strategic about utilizing options like Fave.

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

Miles + cashback + reductions = that appears like a superb mixture to me. 

That’s why I’ll be utilizing Fave every time the chance arises.

How about you?

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



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