Best Credit Cards for Online Shopping in Singapore (2024)

The digital age has transformed how we shop, with online shopping being more popular now than ever. Whether you’re after cashback, air miles, or exclusive rewards tailored to online purchases, choosing the right online shopping credit card can make a big difference. Here’s how to find the best credit card to maximise your savings, benefits, and enhance your online shopping journey.

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Best Online Shopping Credit Cards in Singapore (2024)

With so many credit cards on the market, discerning the best for online shopping can be tricky. Fret not, here are our top online shopping credit card recommendations to get the ball rolling for you.

Which are the Best Credit Cards for Online Purchases in Singapore?

CREDIT CARDS 💳ONLINE SHOPPING BENEFITS 🛍️MINIMUM SPEND 💵ANNUAL FEE 💸
Citi Cash Back+ Card1.6% unlimited cashback on almost all spend, with no min. spend or cashback capN/AS$196.20 (First year waived)
UOB One CardUp to 10% cash rebate on eligible merchants onlineS$500, S$1,000, or S$2,000 per month per 3 consecutive monthsS$196.20 (First year waived)
SCB Simply Cash Credit Card1.5% unlimited cashback on almost all spend, with no min. spend or cashback capN/AS$196.20 (First year waived)
HSBC Live+ CardUp to 8% cashback on shoppingS$800 per monthS$196.20 (First year waived)
Citi Rewards Card10X Citi ThankYou Points / 4 miles per S$1 spend on eligible online transactionsN/AS$196.20 (First year waived)

Social Media & Finfluence

A new MoneySmart study finds that over half of Singaporean adults now turn to social media for financial advice. Find out how it’s steering decisions on investing, saving, and spending in today’s digital age.

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Citi Cash Back+ Card

MoneySmart Exclusive
UPSIZED CASH | EXCLUSIVE TO CITI
MoneySmart Exclusive
UPSIZED CASH | EXCLUSIVE TO CITI

Citi Cash Back+ Card

Cash Back on Eligible Spend
1.6%
Min. Spend per month
S$0
Cash Back Cap
Unlimited

Get S$350 Cash or 5,040 SmartPoints  in as fast as 5 weeks when you spend S$500 within 30 days. T&Cs apply. 
 
Additionally, enrol in our Rollin' Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints. That’s enough to redeem ANY item from our Rewards Store, such as a Sony BRAVIA 3 85-Inch 4K Ultra HD Google TV (worth S$5,799) + an Apple iPhone 16 Plus 128GB (worth S$1,399).

Valid until 15 Dec 2024
The Citi Cash Back+ Card offers 1.6% unlimited cashback on almost all spend, with no minimum spend or cashback cap. Due to its minimal category restrictions, it’s a viable card to earn limitless cashback on most, if not all your online shopping purchases.

UOB One Card

MoneySmart Exclusive
UPSIZED CASHBACK | Up to 20% Cashback!
MoneySmart Exclusive
UPSIZED CASHBACK | Up to 20% Cashback!

UOB One Card

Cashback on McDonald's, DFI Retail Group, Grab, Shopee, SP and more
Up to 20%
Cashback Cap per quarter
Up to S$500
Min. Spend per month
S$500

[MoneySmart x UOB CHRISTMAS GIVEAWAY]
The first 100 customers can get an Apple Watch SE 40mm (GPS) (worth S$349), the next 100 customers can get an Apple AirPods 4 Noise Cancellation (worth S$249) and the remaining customers can get S$50 Cash when you spend a min of S$1,000 in Eligible Transactions! T&Cs apply.
 
Additionally, enrol in our Rollin' Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints and redeem epic rewards!
 
UOB Online Promotion: Get up to 20% Cashback on daily favourites like Shopee, Grab, McDonald's, SimplyGo and DFI Retail Group! T&Cs apply.

Valid until 15 Dec 2024
The UOB One Card is a popular cashback card, rewarding up to 10% cashback on your favourite daily spend merchants with a minimum spend of S$500, S$1,000, or S$2,000 per month (at least 5 purchases) for 3 consecutive months. Cardholders can expect to earn S$50, S$100, or S$200 cashback per quarter, depending on the spending tier. Meanwhile, new-to-UOB cardholders stand to earn up to 20% cashback on select merchants and public transport rides from now till 31 Dec 2024.

Simply put, as long as you shop online with UOB One’s eligible merchants, you’re set to pocket at least 10% cashback.

Standard Chartered Simply Cash Credit Card

MoneySmart Exclusive
2% UPSIZED CASHBACK | EXCLUSIVE TO MONEYSMART ONLY
MoneySmart Exclusive
2% UPSIZED CASHBACK | EXCLUSIVE TO MONEYSMART ONLY

Standard Chartered Simply Cash Credit Card

Cash Back on Eligible spend
Up to 2%*
Min. Spend per month
S$0
Cash Back Cap per month
Unlimited

Get S$380 Cash via PayNow or earn 5,040 SmartPoints  when you apply and meet the spend criteria! T&Cs apply.
 
Additionally, enrol in our Rollin' Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints. That’s enough to redeem ANY item from our Rewards Store, such as a Sony BRAVIA 3 85-Inch 4K Ultra HD Google TV (worth S$5,799) + an Apple iPhone 16 Plus 128GB (worth S$1,399).
 
Other offers you can enjoy:

  • UPSIZED UNLIMITED 2% CASHBACK on your credit card purchases when you spend over S$500! Only for MoneySmart applicants!
  • A chance to win a Porsche Taycan Base (2025) in SC Million Reasons to be Happier Lucky Draw! T&Cs apply.
Valid until 15 Dec 2024
The Standard Chartered Simply Cash Card offers a consistent 1.5% unlimited cashback on almost all spend, with no minimum spend or cashback cap – so yes, that includes your online shopping!

Plus, new-to-SCB cardholders who applied for the card through MoneySmart are entitled to an upsized 2% unlimited cashback when you spend at least S$500 on eligible transactions within 30 days of card approval date. Valid till 30 Nov 2024. T&Cs apply.

HSBC Live+ Card

MoneySmart Exclusive
Up to 8% Cashback | Instant Activation*
MoneySmart Exclusive
Up to 8% Cashback | Instant Activation*

HSBC Live+ Card

on Dining, Shopping and Entertainment
8% Cashback*
on fuel at Caltex and Shell gas stations in Singapore
5% Cashback*
on All Other Spends
0.3% Cashback*

Get S$199 Cash via PayNow or 3,500 SmartPoints  when you apply, spend a min. of S$500 from Card Account Opening Date to end of the following calendar month! Pay Annual Fee for HSBC TravelOne Card. T&Cs apply.
 
Additionally, enrol in our Rollin' Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints. That’s enough to redeem ANY item from our Rewards Store, such as a Sony BRAVIA 3 85-Inch 4K Ultra HD Google TV (worth S$5,799) + an Apple iPhone 16 Plus 128GB (worth S$1,399).

Valid until 15 Dec 2024
Need an all-rounded cashback card? With the HSBC Live+ Card, enjoy up to 8% cashback on dining, shopping (both in-person and online), and entertainment, plus 5% cashback on petrol, when you spend a minimum of S$600 per month per quarter from now till 31 Dec 2024. For all other eligible purchases, or if the minimum spend isn’t met, a flat 0.3% cashback applies.

Citi Rewards Card

MoneySmart Exclusive
UPSIZED CASH | EXCLUSIVE TO CITI
MoneySmart Exclusive
UPSIZED CASH | EXCLUSIVE TO CITI

Citi Rewards Card

on Online & Shopping Purchases
S$1= 10X Points
for all other purchases
S$1= 1X Points
Rewards Conversion
10X Points = 4 Miles

Get S$350 Cash or 5,040 SmartPoints  in as fast as 5 weeks when you spend S$500 within 30 days. T&Cs apply. 
 
Additionally, enrol in our Rollin' Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints. That’s enough to redeem ANY item from our Rewards Store, such as a Sony BRAVIA 3 85-Inch 4K Ultra HD Google TV (worth S$5,799) + an Apple iPhone 16 Plus 128GB (worth S$1,399).

Valid until 15 Dec 2024
Prefer miles over cashback? Then consider the crowd favourite Citi Rewards Card. It rewards 10X Citi ThankYou Points (equivalent to 4 mpd*) on eligible online transactions such as online grocery, online food delivery, and both in-person and online shopping. All other purchases will net 1X Citi ThankYou Points (0.4 mpd).

But if you’d like to redeem cash rebates occasionally, the Citi Mobile App offers the flexibility to convert your points for cash rebates as well.

*mpd refers to “miles per S$1 spend"

Want More Shopping Options?

Check out our other best credit cards for online shopping here!

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Benefits of Using Credit Cards for Online Purchases

Using a dedicated shopping credit card for online purchases comes with valuable perks. The right card can make every online transaction more rewarding (literally), through benefits like exclusive discounts, e-Commerce protection, cash rebates, miles, rewards, and more.

🪙 Cash Rebates, Air Miles, & Rewards

Is there really anyone who dislikes cashback, air miles, or rewards points? Simultaneously earning these perks while online shopping essentially lets you to “save while you spend”. With the right online shopping credit card, you can rack up rewards on every transaction and make the most of every dollar spent.

🛍️ Exclusive Shopping Discounts & Promotions

Banks often partner up with merchants to offer exclusive credit card discounts on select products and services. Depending on your credit card’s bank, you’ll enjoy online shopping perks and discounts across various categories. Whether it’s a specific merchant or an e-commerce platform, choosing the right online shopping credit card scores you great deals and elevates your shopping experience overall.


READ MORE: Best Bank Offers in Singapore

✔ Convenience & Tracking

With monthly credit card statements, you can easily track your expenses and monitor your spending habits diligently. In turn, this can help you create a more informed budget.

🌎 Global Acceptance

Credit cards are widely accepted on international shopping websites, making cross-border purchases easier to perform. However, be mindful that some sites might have restrictions based on your card provider (Visa, Mastercard, or AMEX).

🔐 Fraud Protection

Credit cards typically offer better fraud protection than debit cards. They offer true zero-liability protection against unauthorised transactions, making them the safer choice for online shopping.

How to Choose the Best Credit Card for Online Purchases?

🎁 Category Bonuses

Choosing the right credit card for online shopping starts with understanding your shopping habits and preferences. Do you primarily buy clothes, beauty products, electronic gadgets, home appliances, or others? If so, pick a card that offers bonus cashback, miles, or rewards points on your preferred shopping category.


For a more varied or broader shopping mix, opt for a generic credit card that earns bonus rebates or rewards on online transactions as a whole.

🌍 Cashback vs Air Miles vs Rewards Points

Credit card rebates generally come in 3 types: cashback, air miles, and rewards points. Evaluate which benefit suits your spending habits best.


For earning back cash while you spend, go for a cashback credit card. Or if you like the idea of online purchasing earning miles towards your next flight, opt for a miles credit card. Lastly, if future rewards or perks appeal to you, then a rewards credit card is your best bet.


READ MORE: Cashback vs. Miles Credit Card: Which One Should We Go For in Singapore?

💵 Minimum Spend Requirement

Cashback credit cards often have a minimum monthly spend requirement in order to qualify for bonus cashback, miles, or rewards points. Spending thresholds vary across cards, ranging between S$500 to S$2,000. To find the card that best caters to you, assess your average monthly spending to determine which credit card’s spend requirement you can realistically attain.

In contrast, miles and rewards credit cards typically don’t have a minimum spend requirement to qualify for bonus rebate rates.

🏦 Annual Fees & Waivers

Most credit cards in Singapore, including online shopping credit cards, have an annual fee of S$196.20 (including GST). Additionally, many also offer a complimentary first-year annual fee waiver – either automatically or in exchange for forfeiting a sign-up gift or reward.

🏧 Low Foreign Transaction Fees

Credit cards typically offer low foreign transaction fees ranging between 3.25% to 3.5%. This fee comprises charges from both the issuing bank (2.25% to 2.5%) and the card association like Visa or Mastercard (1%).


But what happens if you’re online shopping on an overseas website and are being prompted to pay in your local currency (e.g. SGD) instead of the merchant’s currency? You may be charged Dynamic Currency Conversion (DCC) fees.


DCC fees can include a markup of 3% to 8% on top of the transaction amount, making it costlier than standard foreign transaction fees. To avoid unnecessary extra costs, opt for the merchant’s currency and let your card issuer handle the conversion instead.

How to Maximise Credit Cards for Online Shopping?

Take Advantage of Sign-Up Bonuses

Many credit cards offer welcome bonuses in the form of cashback, miles, or rewards points if you hit a certain eligible spend within the first few months of card approval date. If your online shopping meets the eligibility criteria, leverage your purchases to meet this spend amount.

Shop at Eligible Merchants

To maximise your cashback, miles, or rewards points on online shopping, make purchases with eligible merchants within your card’s bonus categories. Merchant eligibility is determined by its merchant category code (MCC).

Additionally, some credit cards have narrower bonus categories, while others offer broader options.

For example, the UOB One Card provides up to 10% cashback on Shopee and DFI Retail Group merchants like Guardian, 7-Eleven, and Cold Storage when the minimum spend is met. Meanwhile, the Citi Rewards Card is more general, offering 10X Citi ThankYou Points (4 mpd) on eligible online transactions.

Shop Through Online Shopping Portals

Buying through a shopping portal, whether your card’s bank or a third-party site, enables you to stack rebates and rewards. By pairing your credit card with the portal and following its instructions, you stand to earn the platform’s rewards on top of your card’s rebate. For instance, ShopBack partners with many online retailers, offering as high as 35% cashback on sites like Shopee*.

*Cash rebate rate is accurate as 19 Nov 2024.

Seasonal Promos & Flash Sales

Don’t be shy; take advantage of seasonal promotions and flash sales. Banks often partner with online retailers during major shopping events (like 11.11 or Black Friday) to reward extra cashback, bonus miles, or points on online purchases.

Frequently Asked Questions

Can I shop online without a credit or debit card?

Yes, you can. Most online shopping platforms offer bank transfer options to make payment.

Can I get cashback with a virtual credit card?

Yes, you can. Nowadays, physical credit cards have become optional with the advent of online shopping. Simply input your credit card details at the checkout page, and voila! Your online shopping transaction should successfully go through.

How to apply for a credit card in Singapore?

To apply for a credit card in Singapore, start by visiting MoneySmart to compare credit cards based on your preferences. Once decided, click “Apply Now” on your desired credit card and complete the application either via SingPass or by manually submitting personal details and supporting documents (e.g. NRIC/passport, computerised payslip, tax notice of assessment, etc.).

After the bank reviews and approves your application, your virtual credit card can be activated almost immediately, with the physical card arriving shortly.

How does UOB One Card's cash rebate work?

The UOB One Card offers quarterly cash rebate. To earn the maximum 10% cash rebate, cardholders must spend a minimum of S$500, S$1,000, or S$2,000 across at least 5 eligible transactions per month per quarter (3 consecutive months). Subsequently, the rebate is issued out as S$50, S$100, or S$200 cash rebate per quarter respectively.

Which credit card is best for online shopping on overseas websites?

The UOB Preferred Platinum Visa, UOB Visa Signature, UOB KrisFlyer Card, Citi Rewards, UOB Lady’s, UOB Lady’s Solitaire, and DBS Woman’s World Cards are ideal for online shopping on overseas websites. But do make sure to research what miles cards best meet your spending habits and preferences.