For the uninitiated, Fave has been round since 2017 and affords a chance so that you can earn each bank card rewards and cashback each time you pay.
However if you happen to 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 on the spot cashback – to offset my subsequent transaction
- Get further reductions and financial savings by way of Fave Offers, eCards and Present Playing cards
At this time, I’ll allow you to in on this hack and share with you the alternative ways you need to use Fave to save lots of and earn extra rewards.
FavePay vs. Offers vs. eCards vs. Present Playing cards
All the Fave ecosystem has grown past simply QR codes and offers.
Right here’s an summary of how you need to use 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 scale 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
Each time I see folks scan the SG QR code to pay for his or her transaction, I at all times surprise in the event that they know they will choose FavePay as an alternative — 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 sometimes excluded from miles or cashback).
Psst, do you know? Should you use DBS PayLah, GooglePay, UOB TMRW or Singtel Sprint, you may also get service provider cashback if the service provider accepts Fave! However you’ll not earn miles that means.
I guess these folks in all probability don’t know that in the event that they pay by way of Fave as an alternative, they will earn their candy bank card factors. They could not even know the Fave app exists.
That’s as a result of while 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.
Observe: 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 subsequent time you see the SGQR code with the Fave emblem (seek advice from picture above), use FavePay to make cost as an alternative to be able to earn each on the spot companion cashback and bank card rewards!
Even higher could be the under perfect 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 on the spot companion cashback (of as much as 20%) which might be utilised to offset future transactions on the identical retailer. Should you frequent the service provider pretty usually, this shouldn’t be an issue for you as many of the companion cashback are legitimate for 90 days.
Listed below are some widespread 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 Principle (5% Cashback)
Should you frequent any of the above retailers, you’d wish to download the app onto your phone 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 here) from now till 31 October 2024.
Tip 2: Take a look at unique Fave Offers for on-line or bodily retailer redemption
Everybody loves lobangs, particularly unique ones which 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 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 example, mother and father would in all probability respect the Timezone deal, the place we get to save lots of $30 and get $80 price of Timezone credit (sufficient to maintain my children completely satisfied for not less than 3 visits). I additionally noticed offers for magnificence and therapeutic massage providers 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’ll be able to even snag offers corresponding to 1-for-1 drinks at Gong Cha and Coconut Queen, or perhaps a 1-Day Gym and Yoga Pass (2 Pax) going for a steal at just $9!
Tip 3: Buy discounted eCards to scale back your invoice
I had just a few 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 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 lowered my invoice from $51.99 right down to $45.99 i.e. an on the spot $6 financial savings for little or no effort!
Fave eCards are discounted vouchers accessible at over 1,400 shops islandwide. These can be utilized concurrently throughout your FavePay checkout for max financial savings.
Some widespread 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 could be stunned by the financial savings you will get!
Tip 4: Purchase Fave Present Playing cards strategically!
Should you store at Amazon Singapore, FairPrice, Foodpanda, Deliveroo, Lazada or Zalora, you may 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 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 would not have to make use of them by way of FavePay; as an alternative, you need to use them on the service provider’s personal web site or retailer!
Should you’re as budget-conscious as I’m, you will have additionally observed that many of those retailers concurrently supply reward playing cards or vouchers on different platforms corresponding to ShopBack or HeyMax.
So how do you resolve the place to buy from?
That basically 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 want to get Amazon reward vouchers off HeyMax, since that offers you extra mileage (pun meant). However if you happen to 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 also anticipate upsized cashback on Amazon Present Playing cards. As an example, I snagged a 10% off Amazon gift card last month and shared about it on my Instagram 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’ll be able to obtain an on the spot 3% Fave Cashback with the code, AMAZONFAVE.
Psst, I’ve heard from the Fave group that extra reward card manufacturers can be added later this month. So, for all of your end-of-year procuring, 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 easy methods to maximise the app, let’s discuss 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:
Vital word: do NOT make the error of utilizing your DBS Girl’s World card with Fave, as Fave is excluded by DBS and won’t earn you the 4 mpd fee regardless of it being an internet spend!
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 Dwell+ (8% cashback till 31 Dec 2024) | Eating and procuring |
| DBS Dwell 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 while you study to be strategic about utilizing options like Fave.
Now that we’re dwelling in an period the place we not should accept simply incomes bank card factors alone, what’s stopping you from triple dipping your rewards?
Miles + cashback + reductions = that feels like a superb mixture to me.
That’s why I’ll be utilizing Fave every 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 a protracted whereas), here’s a special reader perk that the Fave group is providing to all Finances 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 prospects who've but to transact on the app earlier than.
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.
