Previously, there was a flash sale on Ryde Vouchers that I have
posted here.
I explained how we can get about 37-39% discount by having Flash discounts / Bundle Discount + Shop Discount + Platform Discount
However, in the last CEE sale on 25 May, I’ve noticed a slight
change in their strategy and I managed to get around 49% discount in total.
The next sale is 6 Jun 23 so let’s keep our eyes open.
Base item Discount
During a sale, the base price of the vouchers will drop
25-26%, and the one with the best marginal discount is normally the $30 Voucher.
At times there might be a bundle discount at the $100 - $120
vouchers so you need to compare first.
Shop Discount
There are only 2 kinds of discount, either the shopee coin cashback
or direct $$ discount.
The shopee coin discount will normally be better as it gives about
10% at a certain cap of about 2K coins or 3K coins
This is more generous as it encourages more transactions for shopee
While direct $$ discount really depends. I’ve seen cases where more 10% discount was given and I have also used them.
To get the ultimate discount, it would be better to opt for Shopee coins.
Platform Discount
In this example. I’ve opted for shopee coins in the shop discount,
the 10% coin cashback will apply to the same final price and I get the same
number of coins.
UOB One Cashback
This is something that’s less known, the UOB One X Shopee
partnership. Details here
TLDR: Shopee is one of the partners that are eligible for
UOB Cashback.
The quarterly cashback applies to all eligible spending so
let’s just ignore the rebates from it.
Additional cashback of 5 - 6.67% is given as long as you buy
from Shopee.
Enhanced cashback is applicable to the same set of partner
merchants if you are a new UOB One CC applicant over a 6 mth period.
Full TnC can be found here.
Other things to note:
1)
Cashback is awarded on a quarterly basis
2)
The cap of additional Cashback and enhanced Cashback
is $100 each on a per-month basis.
Which is a cap of $2000 @ 5% or $1499 @ 6.67%
In my case, I am still eligible for enhanced cashback, so
the total cashback would be 5% + 6.67% = 11.67%.
In Summary
This is the total discount with UOB Additional + Enhanced
Cashback:
This is the total
discount with UOB Additional Cashback only:
The final cashback from UOB is substantial as the checkout
price wasn’t affected by the shopee coin rebates.
In the end, everyone wins.
Riders get a substantial amount of discount, Ryde gains ridership,
shopee and UOB gains more transactions.
Bonus
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