Trust Bank has a base interest rate of 1.5%. When we have 5 confirmed eligible purchases using the Trust card, we can start getting bonus interest of 0.5% – 1%. In the blog, I will share with you the Shopee 1 Cent Voucher hack that I have been using to achieve the bonus interest as soon as possible. As of writing this blog, this hack is still working. Either Shopee or Trust Bank might nerf it in the future.
Disclaimer: This is not an endorsement of the platform. This is a blog to showcase how to get the bonus interest. Your experience getting the rewards might vary. Placing and keeping your funds on these platforms has its risks.
Disclosure: This blog entry contains referral links and/or codes. This means that I get a commission if you decide to sign up through my links or using my codes, at no cost to you. This helps pay for my running costs. Please read my affiliate and referral disclosure for more information.
Trust Bank Bonus Interest
Depending on whether you are a union member, you can get 0.5% – 1% bonus interest on top of the base interest of 1.5%. An NTUC union membership will cost S$117 a year. You can check out this write-up by Seedly to check out if the perks are worth it to you.
| Union Membership | Base int % | Bonus % | Total % |
| Non-member | 1.5% | 0.5% | 2% |
| NTUC Union Member | 1% | 2.5% |
You will only get the bonus interest if you make 5 confirmed eligible purchases using the trust card for the month.
These purchases will appear as pending and only become confirmed after 3 – 4 days so you should try to get the 5 transactions in ASAP.
| Union Membership | Total % | Adj % |
| Non-member | 2% | 1.934% (3% lower) |
| NTUC Union Member | 2.5% | 2.368% (5% lower) |
The bonus interest will only kick in after the transactions are confirmed so you will lose out on 3 – 4 days of bonus interest every month even if you make 5 transactions on the first day. Assuming 4 days of lost interest per month, the adjusted total interest rate is about 3 – 5% lower.
If you have been using Trust Bank as a savings account and not using the Trust Card, this hack can potentially make you quite a bit more.
Why Should You Try To Get The Trust Bank Bonus Interest ASAP?
Every month’s eligible transactions are reset on the first day of the month. This means that even if you spend on the last day of this month, these transactions won’t be counted towards the 5 eligible card transactions for the following month.
Unless you spend on 5 eligible transactions on day 1, using this hack can let you get the bonus interest as soon as possible. Even if you make transactions across the month, you should use this following hack to make up the 5 transactions on the first day.
Potential Interest Lost
For every S$10,000, you are getting about $0.13 – $0.27 in bonus interest every day, about S$4 – $8 bonus interest every month. If you hit the $75,000 cap, that is S$30 – $60 every month.
The table below will show you how much interest you will lose per month if you miss out on the bonus interest criteria.
| Base (S$) | Miss by 1D (S$) | Miss by 1W (S$) | Miss by 2W (S$) | Miss by 1M (S$) |
| 1k | 0.01 – 0.02 | 0.09 – 0.19 | 0.19 – 0.38 | 0.41 – 0.82 |
| 10k | 0.13 – 0.27 | 0.96 – 1.91 | 1.91 – 3.83 | 4.10 – 8.20 |
| 75k | 1.02 – 2.05 | 7.19 – 14.38 | 14.38 – 28.76 | 30.82 – 61.64 |
I will be using the listed interest instead of the adjusted interest for easy calculation’s sake.
“Wasting” 5 cents to get the interest ASAP is mathematically worth it. Every day that you delay, you are losing the bonus interest. If you see the same amount on the floor and you would pick it up, I would say that it is worth it. However, if you think the few dollars lost are insignificant, then this hack is not for you.
How To Get Trust Bank Bonus Interest ASAP
You will need a Trust card and a Shopee account to perform this hack.
Here are the steps
- Link your Trust card under your Shopee’s Linked Payment Methods
- Click on the 10% ShopeePay Cashback on the main page
- Under ShopeePay vouchers, you can look at the S$0.01 vouchers and see if you will use any of them. If not, just click on a random S$0.01 voucher.
- Buy the voucher and [important] select your Trust card as the Payment Option
- If you have your card locked, remember to unlock it
- You should get a notification to bring you to the Trust Bank app to authenticate the transaction
- Once done, they will recommend you other S$0.01 vouchers so you don’t have to repeat step 2 again.
- Repeat 4 more times to get 5 eligible purchases
- Wait for 3 – 4 days for the purchases to change from pending to confirmed
Making these 5 transactions should take you about 5 minutes max.
Trust Bank Referral Code – 9YA868HD
If you still have not signed up for a Trust Bank account, you can download the app on the Google Play Store or Apple App Store.
This is my referral code – 9YA868HD. By signing up using my code, we both will get a S$10 NTUC eVoucher. When you first spend on your Trust Debit/Credit Card (you can use the S$0.01 Shopee hack here too), you will also get a S$25 NTUC eVoucher. You find out how to get the rewards here.
TL, DR
You can use the Shopee 1-cent vouchers to achieve the Trust Bank bonus interest criteria. The 5 cents “wasted” is worth it as you can meet the criteria for the bonus interest as soon as possible.
Icons made by Freepik from Flaticon
