An obvious choice for loyal Lazada shoppers, the Citi Lazada credit card gives its users free LiveUp membership, shipping rebates, plus a whopping 12X rewards points (4.8 miles per S$1) on Lazada purchases until Feb 2020 (10X thereafter). But it excludes RedMart purchases and most other online shopping.
For online shoppers who don’t want to be tied down to a specific site, the Citibank Rewards Card is a better choice. It offers 10X rewards (4 miles per S$1 spent) on all online shopping, including Grab and food delivery apps but excluding travel bookings. Bonus points capped at S$1,000 of online spending a month.
Higher earners and spenders may wish to consider the DBS Woman’s World Card, which has an S$80,000 annual income requirement (and is open to men too). It also offers 10X rewards (or 20 miles per S$5 spent) on a huge range of online shopping and purchases, including travel, capped at S$2,000 a month.
This powerful OCBC rewards card offers generous 10X rewards (4 miles per S$1 spent) on major online retailers like Amazon, Lazada, Qoo10, Taobao and more. The same benefit extends to offline shopping for electronics, kidswear and department stores. 10X rewards are capped at S$12,000 a year.
A useful rewards card for all kinds of everyday expenses, the UOB Preferred Platinum Card also offers 10X rewards (20 miles per S$5 spent) for most online purchases, including services. You also get 10X points for contactless payments offline. Capped at S$1,000 a month.
Compared to rewards cards, there are fewer choices when it comes to cashback credit cards for online shopping. One contender is the DBS Live Fresh Card, which offers 5% cash rebate on online spending if you spend at least S$600 a month. Cashback is capped at S$20 a month, so good for up to S$400 of expenses only.
The Citibank SMRT Card may be quite a modest cashback card, but it has no minimum spending requirement, which is great if you do not spend a lot. If you spend S$300 in a month, you can get a 3% rebate on online spending (excludes travel); otherwise, it’s 2.7%.
Most online shopping credit cards have a monthly cap, so for expensive online purchases, shoppers may want to opt for a less restrictive credit card like the Standard Chartered Unlimited Cashback Card. This offers a simple 1.5% cashback on any retail spending, with no cap at all.
For those who are more interested in chasing miles, an alternative no-cap credit card is the KrisFlyer UOB Card. It lets you earn a very good 3 KrisFlyer miles per S$1 spent on online fashion, food delivery and online travel bookings. In order to get those bonus miles, users also have to spend at least S$500 a year on Singapore Airlines, Scoot or SilkAir.
This HSBC rewards credit card gives you 5X rewards points (i.e. 2 miles per S$1 spent) on online shopping, which is not as competitive as some of the other cards on this list. However, there is no cap on the points earned, so it is suitable for those occasional big-ticket online purchases.