BOSS Debit Card's Fractional Shares Rewards VS Credit Card Points

We get it, we all want to be rewarded for our purchases.

While traditional rewards credit cards and cash-back programs offer incentives like free flights, trips, or cashback checks, there's a unique alternative in town!

Fractional shares rewards on the Tiger BOSS Debit Card. This innovative initiative serves as your gateway to investment, allowing you to participate in the stock market with every transaction.

But how do fractional shares compare to rewards from a credit card?

Here’s how it works:

When you make a purchase using your Tiger BOSS Debit Card, you receive rewards in the form of Tesla* fractional shares.

Pretty simple. Whether it's groceries, dining out, or shopping online, the Tiger BOSS Debit Card turns your everyday expenses into long-term financial gains. By earning fractional shares, you can watch your wealth grow with each transaction.

Note: You’ll need a Tiger Trade account to apply for the Tiger BOSS Debit Card, and add money to earn fractional shares. T&Cs apply.

Fractional Shares Rewards vs. Credit Card Rewards:

Both fractional shares rewards and credit card rewards offer similar avenues for earning rewards. Essentially, consumers are presented with a choice between accumulating stock or traditional points/miles. Here are some key points to consider when comparing them:

1. Earn fractional shares on your daily spends

It’s important to remember that Tiger BOSS Debit Card rewards are fractional shares of ownership in a company, and they can fluctuate in value. While there's inherent risk involved in owning stock, with fractional shares, you have the opportunity to truly own a stake in companies that align with your spending habits.

2. Expiration dates

A significant drawback of traditional rewards points or miles is their expiration dates. If not used within a specific timeframe, these rewards often vanish. In contrast, stocks are assets that don't expire; you own them until you decide to sell.

Studies have shown that there are approximately $100 billion of loyalty points that sit unused. Furthermore, about 30% of credit card users have never redeemed their points. This means that many, reward points are ultimately wasted.

3. Appreciation

Consider whether your rewards, be it stock or otherwise, will appreciate over time. Unlike rewards points or miles, which typically do not gain value and may even depreciate, stocks have the potential to increase in value over time. Holding onto stocks can prove to be a wise investment strategy.

4. Rewards that reward

Evaluate what your rewards are doing for you in terms of generating income. While airline miles or reward points may not earn you dividends or interest payments, stocks often do. By reinvesting dividends, you can effectively use your wealth to build even more wealth over time.

Through fractional shares, you can watch your wealth grow with each transaction.

How to sign-up?

• Login to your Tiger Trade APP

• Click on "Profile" > "Debit Card" > "Apply now"

• Registration is FREE and instant!

• You can pair it with your e-wallets and use it right away!

P.S. Sign up and refer a friend now and stand to win SGD 888*! Find out more.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Tiger Brokers (Singapore) Pte Ltd has partnered with Wise to provide card issuance and account issuing services. Wise is the trading name of Wise Asia-Pacific Pte Ltd, which is a company incorporated under the laws of Singapore with Unique Entity Number 201422384R.

Wise Asia-Pacific Pte Ltd is regulated as a Major Payment Institution by The Monetary Authority of Singapore (MAS) license: PS20200413. You can verify this information at the MAS website here. Consumers are advised to read this Customer Agreement carefully.