Where Can I Spend My NS55 Credit Vouchers in Singapore?

Who Is Eligible for the NS55  Credit Voucher?

As MINDEF marks 55 years of National Service (NS), the NS Recognition Package is to be disbursed by MINDEF for NSMens’ and NSFs’ contributions to Singapore’s defence. First announced in March, it consists of S$100 NS55 credit vouchers and a complimentary one-year SAFRA or HomeTeamNS membership. Here’s all you need to know about the NS55 vouchers.

So who is eligible for the NS55 vouchers? If you are NSmen or NSF as of May 2022, you are then eligible for the NS55 vouchers. Do note that you need to register by 31 December 2022 in order to redeem the complimentary SAFRA or HomeTeamNS membership.

How Do You Claim the Vouchers?

The NS55 credit vouchers, which will be valid for a year, will be disbursed digitally for convenience from July 1 to July 31. You can download the LifeSG mobile application on your mobile phone to redeem the credits in your NS55 vouchers. Here are four easy steps to do so:

For some people, the LifeSG app might not reflect the S$100 NS55 credits yet. Some might not even be able to see the “Benefits and Support” section in the app. But fear not – the credits are issued on a rolling basis, so just be patient.  Eventually, you will get your NS55 vouchers. You should receive the NS55 credit vouchers by the end of July 2022.

‘Life Hack’ to Get the Vouchers in Cash

Some of you might wonder why are the rewards in the form of NS55 credit vouchers and not cash? Perhaps it is to ensure that recipients will spend the credits with Singapore-registered businesses via the LifeSG app.

Disbursed cash might end up being spent outside Singapore – for instance, being used to pump petrol in Johor Bahru, which is a notorious favourite pastime of Singaporeans.

That could be the reason for the rewards being given in the form of NS55 vouchers instead of cash.

However, it is understandable that having your S$100 NS55 credit vouchers restricted to just a few businesses that accept PayNow transactions is inconvenient. So, users have uncovered a way to ‘convert’ these credits to cash.

Sheng Shiong ATMs apparently can be used to dispense cash from the PayNow option. However, due to a $0.20 convenience fee, users can only withdraw a maximum of $90 from the machine, as withdrawing $100 would require a $100.20 credit instead. The remaining $9.80 can be kept as credits in the LifeSG app for use at other merchants.

So which are the other merchants where you can spend your NS55 credit vouchers?

Full List of Merchants

Luckily for you, we have compiled a list of all the participating merchants and their promotions where you can use your NS55 vouchers. Most of them have outlets at SAFRA centres all over Singapore, and some have higher benefits if you happen to be a SAFRA member as well!

Promotion with Singlife

Singlife with Aviva is also providing an exclusive offer to all MINDEF and MHA personnel in recognition of 55 years of National Service in Singapore.

All MINDEF and MHA personnel who download the Singlife app and sign up for a Singlife Account will receive a $20 e-voucher. They can then complete a portfolio review with a Singlife Relationship Consultant to receive an additional $35 in their Singlife Account.

Through the app, personnel can have a better view of their group insurance coverage. They can easily purchase, check or upgrade policies as well as seamlessly add dependents to their existing plans.

For a more comprehensive comparison with other life insurance policy providers, check out our detailed guide here.

Conclusion

Indeed, celebrating 55 years of National Service is a momentous occasion. Not only does it mark a significant milestone in Singapore’s independence, but it also serves to commemorate 55 years of service and contributions from our national servicemen and women.

With so many exciting new offers and promotions in store for you, what are you waiting for? Go ahead and download the LifeSG app to receive your NS55 vouchers!