Last updated on July 17th, 2022
If you are looking for the best way to save on your public transport fares, one of the cards you can consider using is the Revolut card.
With this card, you will be able to receive up to 20% cashback for your MRT and bus rides, and here’s what you need to know:
Can I use Revolut to pay for MRT and bus rides in Singapore?
You are able to use the Revolut debit card for MRT and bus rides in Singapore. This is similar to how you can use other debit and credit cards for public transport rides by adding your card to SimplyGo.
Some credit cards allow you to earn rewards when you use them for SimplyGo transactions. However, the 20% that Revolut offers will most likely beat most of the offers that these other cards have!
Do I need to add my Revolut card to SimplyGo?
You are able to add your Revolut card to SimplyGo to track your transaction history while using the card to pay for your MRT or bus rides.
Revolut will deduct 10 cents to process this transfer, but it should be refunded back to you.
Once this is done, you will be able to view your transaction history for your public transport fees on SimplyGo.
You are also able to add your Revolut card to Apple Pay, which makes it even easier for you to make public transport payments!
How do I get the cashback on MRT and bus rides with Revolut?
Here’s what you need to do to obtain the public transport cashback with Revolut:
- Top up $100 to your Revolut account via bank transfer at the start of the month
- Use your Revolut card for public transport expenses throughout the month
- Receive your cashback in your Revolut account in the next month
Here is each step explained further:
Top up $100 to your Revolut account via bank transfer at the start of the month
The first step you’ll need to do is to transfer $100 to your Revolut account.
This can be done via a normal bank transfer from one of your accounts to the Revolut account under your name.
It would be best to do this at the start of each month, so that you do not forget and forfeit any of your public transport expenses!
Moreover, you do not need to worry about locking up the money in your Revolut account, as it can be withdrawn back to your bank account.
Use your Revolut card for public transport expenses throughout the month
The next step will be to use your Revolut card for all of your bus and MRT rides. The maximum cashback you can earn each month is $10, which means that you will only receive cashback for up to $50 that you’ve spent on the Revolut card.
Your public transport fees will be automatically deducted from your Revolut account at the start of each day.
For public transport expenses that exceed the $50 maximum spend on Revolut, you may want to consider other cards, such as:
Receive your cashback in your Revolut account in the next month
Revolut will calculate the amount of cashback that you are eligible for, and will award it back to your account.
This usually will happen within the first week of the following month.
As such, this is how you’ll be able to earn up to 20% cashback with the Revolut card!
The 20% cashback that you can receive by using Revolut for public transport is one of the highest rewards you can possibly get.
Otherwise, the next best cashback amount that you can get for SimplyGo transactions is DBS Live Fresh (up to 10%, min. $600 spend).
Since this promotion has a limited time, it would be best to take full advantage of it before Revolut removes it!
👉🏻 Referral Deals
If you are interested in signing up for any of the products mentioned above, you can check them out below!
Revolut Referral (Receive a $100 sign up bonus)
If you are interested in signing up for Revolut, you can use my referral link.
Here are the steps you need to receive your $100 sign up bonus:
- Sign up for a Revolut account
- Pass the KYC checks
- Transfer money to your Revolut account by connecting your bank account or debit card
- Order a physical Revolut card
- Complete 3 purchase transactions (of ≥ $10) with your new Revolut card
After completing all of this, you will be able to receive $60 in your Revolut account!
DBS Live Fresh
Are you passionate about personal finance and want to earn some flexible income?