For the uninitiated, Fave has been round since 2017 and presents a chance so that you can earn each bank card rewards and cashback each time you pay.
However should 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 prompt cashback – to offset my subsequent transaction
- Get extra reductions and financial savings by way of Fave Offers, eCards and Present Playing cards
Right this moment, I’ll allow you to in on this hack and share with you the other ways you should utilize Fave to avoid wasting 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 outline of how you should utilize Fave immediately:
- 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 immediately 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
Every time I see individuals scan the SG QR code to pay for his or her transaction, I at all times surprise in the event that they know they’ll choose FavePay as a substitute — because it comes with higher advantages.
The SGQR code means that you can use a wide range of cost choices – DBS PayLah, OCBC, UOB TMRW, Seize, Nets, and many others. However not all cost strategies will provide you with bank card rewards, particularly because you’re paying by way of debit, or Seize which counts as an e-wallet top-up (and that’s usually excluded from miles or cashback).
Psst, do you know? Should you use DBS PayLah, GooglePay, UOB TMRW or Singtel Sprint, you may as well get service provider cashback if the service provider accepts Fave! However you’ll not earn miles that means.
I wager these individuals in all probability don’t know that in the event that they pay by way of Fave as a substitute, they’ll earn their candy bank card factors. They might not even know the Fave app exists.
That’s as a result of whenever you hyperlink your most well-liked 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.
Word: 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 possibly can proceed to make use of your favorite class bank card to make sure that you get most cashback or miles.
So the subsequent time you see the SGQR code with the Fave brand (discuss with picture above), use FavePay to make cost as a substitute to be able to earn each prompt associate cashback and bank card rewards!
Even higher can be the under supreme 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 prompt associate cashback (of as much as 20%) which may be utilised to offset future transactions on the identical retailer. Should you frequent the service provider pretty typically, this shouldn’t be an issue for you as many 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)
- Acquire Metropolis (1% Cashback)
- Harvey Norman (1% Cashback)
- Marks and Spencer (2% Cashback)
- Poke Concept (5% Cashback)
Should you 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 it’s best 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.
Tip 2: Try unique Fave Offers for on-line or bodily retailer redemption
Everybody loves lobangs, particularly unique ones that you could’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 bit of scrolling (or you possibly can 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.
For example, mother and father would in all probability admire the Timezone deal, the place we get to avoid wasting $30 and get $80 price of Timezone credit (sufficient to maintain my youngsters glad 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 admire these offers that enable me to ease my physique aches (sigh, I’m getting outdated 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 Health club and Yoga Go (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 once I was eating at Morganfield’s. I seen there was an choice to pay by way of 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 right down to $45.99 i.e. an prompt $6 financial savings for little or no effort!
Fave eCards are discounted vouchers out there 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 embody:
- 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 likely to be shocked by the financial savings you may get!
Tip 4: Purchase Fave Present Playing cards strategically!
Should you store at Amazon Singapore, FairPrice, Foodpanda, Deliveroo, Lazada or Zalora, you would possibly wish to begin shopping for reward playing cards on Fave to offset your spending.
That’s as a result of Fave gives Present Playing cards which are 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 Present Card.
Present Playing cards differ from Fave eCards as you should not have to make use of them by way of FavePay; as a substitute, you should utilize them on the service provider’s personal web site or retailer!
Should you’re as budget-conscious as I’m, you will have additionally seen that many of those retailers concurrently supply reward playing cards or vouchers on different platforms akin to ShopBack or HeyMax.
So how do you determine the place to buy from?
That actually boils right down to what you worth extra.
I’ll use Amazon.sg’s reward 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 favor to get Amazon reward vouchers off HeyMax, since that offers you extra mileage (pun meant). However should you care extra in regards to the absolute {dollars} you’re paying, then shopping for it by way of Fave would possible be your best choice.
Throughout double-digit campaigns, you may as well anticipate upsized cashback on Amazon Present Playing cards. For example, I snagged a ten% off Amazon reward 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 reward playing cards by utilizing the code AMAZONFAVESEPDD.
Should you didn’t snag that, fret not as a result of from now to 30 September (or whereas provides final), you possibly can obtain an prompt 3% Fave Cashback with the code, AMAZONFAVE.
Psst, I’ve heard from the Fave group that extra reward 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 very best playing cards to make use of with Fave?
Okay, now that you already know 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 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 very best miles playing cards to make use of can be:
Necessary word: do NOT make the error of utilizing your DBS Lady’s World card with Fave, as Fave is excluded by DBS and won’t earn you the 4 mpd price regardless of it being an internet spend!
For you cashback lovers, the very best 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 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 price of dwelling, there are nonetheless methods to get extra out of your on a regular basis spending whenever you study to be strategic about utilizing options like Fave.
Now that we’re dwelling in an period the place we now not should accept simply incomes bank card factors alone, what’s stopping you from triple dipping your rewards?
Miles + cashback + reductions = that seems like mixture to me.
That’s why I’ll be utilizing Fave each time the chance arises.
How about you?
Sponsored Message
Should you’ve by no means used Fave earlier than (or haven’t opened up your app in an extended whereas), right here’s a particular reader perk that the Fave group is providing to all Funds Babe readers!Get $5 off your first transaction (min. spend: S$15) with the code FAVENEWBB5 from now till 31 October 2024.
Restricted to the primary 1,000 BB readers solely.This supply is relevant for each new and present Fave clients who've but to transact on the app earlier than.
Seize it right here whereas it lasts!
Disclosure: This text was written in collaboration with Fave, whose group fact-checked to make sure accuracy in all of the rewards I’ve written about.
