See all bank credit card offers - on one S'pore app

The GETdeals app lists offers in areas such as food and beverage and shopping.
The GETdeals app lists offers in areas such as food and beverage and shopping.PHOTO: LIM YAOHUI FOR THE STRAITS TIMES

Singaporeans hold an average of six credit cards each and keeping track of the deals offered by different banks can be mind-boggling.

To make it easier for cardholders, a home-grown company has created a mobile app that lists such offers and discounts, aggregated from the websites of banks.

The GETdeals app, launched yesterday, has more than 2,300 deals displayed, according to the merchants' proximity to the user.

Users can filter the deals based on banks or types of offers. There are six categories: entertainment, food and beverage, health and fitness, petrol, shopping and travel.

The app can be downloaded for free from the iTunes and Google Play stores. Its creators are Singaporean Grace Cheng, 34, and her Spanish husband Pedro Pla, 33, founders of personal finance website

Said Ms Cheng: "What we're trying to do is to make it very convenient for consumers. With one app, you are able to see the deals from the many different banks." GETdeals uses a technology that automatically tweaks the card offers to reflect updates on the banks' websites. Each deal also includes a link to the original offer on the site.

Currently, some banks, such as OCBC, have their own apps.

Singapore Polytechnic senior retail lecturer Sarah Lim, who has two credit cards, said that banks have generally been slower in tapping technology compared with retailers. "Some still send booklets or brochures listing the deals. With a lot of people using smartphones now, an app with everything under one roof is more convenient," she said.

But Madam Brenda Lee, 57, a nurse who has five credit cards, is unlikely to use the app as each of her cards is used for specific purposes. "I don't bother about the deals. I use the cards to keep track of how much I spend each month on groceries or petrol," she said.

A version of this article appeared in the print edition of The Straits Times on July 22, 2015, with the headline 'See all bank credit card offers - on one S'pore app'. Print Edition | Subscribe