Presents from banks..

Credit cards. Once a status symbol and part of the much-sought-after 5Cs, they are now just wallet-fillers. Barney and Hulk are determined to make full use of the discounts, rebates and vouchers provided by credit card companies to stretch their spending power to the max.

Since rebates are capped at a certain amount for specific durations, usually Barney and Hulk have typically applied for these cards EACH.

Here are a few cards that we are using/have used to get some rebates:
1) Standard Chartered Platinum Card
Back in Dec 2007, they had a promotion for signing up with this card. There is a whopping 10% cash rebate on purchases within the first 2 months
of card activation.
The catch: It was capped at the first $1000 of spending. Meaning a maximum of $100 rebate.
Barney and Hulk each got one, and with payment for air conditioner installation,
lightings and miscellaneous items, $200 of cash rebate was clocked. QED.



2) Standard Chartered Manhattan Card
The card is one of the lesser known ones outside the circle of people who are preparing for marriage as it was launched some years back and there has been little publicity for the past 2 years or so. However, many are leveraging on its cash-rebating power since there does not seem to be a restriction on the type of purchases on the card.
The catch: You get max rebate of 5% with spending of above $3k within a month (less rebate with less spending). Each quarter you are entitled to only $300 of cash rebates. This means that you should limit your spending to $6000 a quarter.

No problem! Barney and Hulk planned their spending, even taking the risk of paying
for some items in full to capitalise on the cash rebates (from reputable shops of course). Some of our friends who were privy to our payment schedule plans were either impressed or disgusted at the lengths we have gone to ensure maximum redemption.
Next intended target: Banquet bills ;)

3) Standard Chartered Business Platinum Card
This is a new card being launched by the bank, similar to the Platinum Card in Part (1).
Hence we will adopt the same strategy. 200 bucks, here we come!

To date, we have clocked almost $600 in cash rebates and still counting.
By our best estimates, our cash rebates can go up to $1.2k.