Have you ever wanted to get more rebates out of your credit card? With Swapie, that's what you can do: you buy on behalf of someone else, get paid back in cash, but the rebate points are yours to keep.
What's Really Going On?
For every $10,000 of credit limit you are sitting on, you're missing out on $100 to $300 worth of rewards every month.
Imagine a world where you could get all those rebates originally out of reach while maximizing promotions on your various cards!
How It Works
"Others Buy, You Earn" entails matching you to an SME (the "others") who has something to buy, you pay for them on behalf, then transfer you back immediately.
You make a purchase for the SME on their request
The SME pays you back 1% less than the amount spent
You earn 1.2% to 3% of rebates (all yours to keep)
My Card IS...
Net Earnings: 1.0% - 2.5% after deductions
Net Earnings: 0.9 - 4.5 mpd after deductions
Net Earnings: 1.0% - 2.5% cashback equivalent
Hear it from others
David, 28, Banker
Amazing how Swapie makes me some miles out of 'thin air'. Good option to try paying less for my flights.
Elaine, 26, Marketing
Not too shabby considering 3 of my 5 cards aren't in use, and getting a bit of spare cash sounds like a plan.
Jonathan, 29, Logistics
In this Covid period, it has been nice to be to help SMEs out. So far, all's been good and most of them are pleasant.