The POSB Everyday Card will get a new look that showcases the latest Singapore skyline, including the Marina Bay Sands integrated resort.
The card’s feature also get an upgrade, with an ATM function and doubling as an Ez-link card, eliminating the need to carry a separate card for public transport commuters.
Cardholders can also enjoy a cash rebate when they renew their HDB season parking licences online.
There are now over 400,000 POSB Everyday Card holders. Meanwhile, UOB and BofAML are targeting the commercial card market in Asia. BofAML said its first-ever Asia alliance with UOB will tap on the local bank’s network to expand its business in the region.
To meet the growing demand, UOB and BofAML jointly launched a suite of commercial card payment solutions.
The recent financial crisis has led overseas clients to look for payment solutions that are more localised, BofAML said.
As such, the commercial card payment solutions will be available in Singapore, Hong Kong Indonesia, Malaysia, Thailand and Vietnam from July 2010.