POSB Is Spending $7.5 Million So That You Can Take MRT and Bus Rides For FREE

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Rejoice, ‘cos it’s SG50

Starting this Friday (31 Jul), POSB is giving out free rides under the Fare Free Friday scheme.

This means that up to 100,000 PAssion POSB and POSB Everyday cardholders will be able to enjoy unlimited free travel on LRT, MRT and bus rides every Friday until 25 December 2015, ‘cos POSB will no longer be Santa after that.

In total, this scheme is estimated to cost POSB up to $7.5 million.

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How does it work?

POSB Everyday Credit Card or the PAssion POSB Debit Card owners have to link their card with EZ-Reload, a service that allows for automatic card top-ups.

There are currently 50,000 cardholders who have already done so, which means you have to be one of the next 50,000 to qualify. Through this initiative, commuters can save up to S$15 per month.

However, fares are not waived upfront, but “credited in the form of cashback in the following month”.

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Enjoy these perks while you can!

Happy SG50!

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Featured image via POSB
With reference to The Straits Times

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