Compare the Best Petrol Credit Cards in Singapore 2018

Updated October 2018

Cars in Singapore are expensive but you can certainly save on fuel! Get up to 21% discount when you pump petrol at petrol stations like Shell, Esso, SPC and Caltex. Compare petrol discounts and find the best one.

Popular Petrol Credit Cards

UOB One Card

UOB One Card

Excellent
UOB One Card
Excellent

Up to 24%

Max. Savings at Shell or SPC

10%/15%

Instant Discount at Shell / SPC

Up to 5%

Cash Back at all Other Petrol Stations

  • 1 Million $1 Deals Weekly Deal: S$1 for 4 x Single Packs of Guardian Soft Pack Tissues 50s (U.P. S$8.00) valid till 21 Oct 2018

Petrol Features

  • At SPC Stations, up to 24% savings on fuel purchases
  • At Shell Stations, up to 20.8% savings on fuel purchases

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$193
Supplementary Annual Fee1st supplementary card free; $96.30 for subsequent cards
Fee WaiverAvailable
Minimum Monthly Repayment3% of S$50, whichever is higher
Interest Free Period21 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Android Pay, Mighty Pay
OCBC 365 Credit Card
Excellent

Up to 23%

Max. Savings at Caltex or Esso

16%/14%

Instant Discount at Caltex / Esso

5%

Cashback at all Other Petrol Stations

Petrol Features

  • Up to 23% discount at Caltex: 16% upfront discount on Platinum 98 with Techron® Caltex + 4.2% cashback with min. S$800 spend + 2.8% cashback with min. S$300 nett fuel spend.
  • Up to 20.4% discount at Esso: 14% upfront discount + 4.3% cashback with min. S$800 spend + 2.1% cashback with min. S$200 nett fuel spend.
  • 5% cashback on fuel spend at all petrol service stations locally and overseas

Annual Interest Rate and Fees

Annual Interest Rate26.88%
Principle Annual Fee$193
Supplementary Annual FeeS$96.30
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period23 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$45,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Google Pay
Standard Chartered Visa Infinite Credit Card
Excellent

25.07%

Max. Savings at Caltex (Platinum 98)

16%

Instant Discount at Caltex (Platinum 98)

1.4 Miles

per S$1 spent at all Other Petrol Stations

  • 35k Miles OR 15k Miles + 28" Samsonite Lite-Shock Spinner (worth S$950)
  • Get 15% cashback with Grab

Petrol Features

  • Up to 25.07% effective fuel savings at Caltex (16% onsite discount on Caltex Platinum 98 petrol + 10.80% rebate on nett transaction)

Annual Interest Rate and Fees

Annual Interest Rate24.46%
Principle Annual Fee$589
Supplementary Annual Fee0.0
Fee WaiverNot Available
Minimum Monthly Repayment1% of S$50, whichever is higher
Interest Free Period22 days

Minimum Income Requirements

Singaporean$150,000
Foreigner$150,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave
Bank of China Zaobao Credit Card
Excellent

Up to 30.7%

Max. savings at Shell and SPC stations

23%

Instant Discount at Shell and SPC

S$1 = 1X Point

For all local spend

Petrol Features

  • Up to 30.7% savings at Shell Stations: 5% Shell site discount + 5% Shell Escape discount + 23% BOC card Cash Rebate
  • Up to 30.7% savings at SPC Stations: 10% SPC&U member discount OR 5% Non-SPC member discount + 23% BOC card Cash Rebate

Annual Interest Rate and Fees

Annual Interest Rate28.88%
Principle Annual Fee$190
Supplementary Annual Fee$95
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period23 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationUnionPay
Wireless PaymentN/A
DBS Esso Card

DBS Esso Card

Excellent
DBS Esso Card
Excellent

27.6%

Max. Savings at Esso

17%

Instant Discount at Esso

1 Smiles Point

per 1 litre of Synergy fuel purchased at Esso

Petrol Features

  • Up to 27.6% fuel savings (17% instant discount + S$60 in Smiles Points* + 2.3% Smiles Savings^
  • *S$60 in Smiles Points with min. spend of S$600; ^2.3% Smiles Savings with purchase of 250L of Synergy fuel per calendar month
  • Free fuel when you convert your shopping, dining and all retail spend into Smiles Points
  • S$10 charged outside of Esso = 1 Smiles Point
  • S$30 fuel voucher = 750 Smiles Points

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$86
Supplementary Annual Fee42.8
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$45,000

Other

Card AssociationMasterCard
Wireless PaymentMasterCard PayPass, Apple Pay, Samsung Pay, Google Pay
Maybank World Mastercard
Excellent

10X Points

on all Petrol Stations

19.1%

savings at Shell

1 Point = 0.5 miles

Rewards to Miles Conversion for Selected Airline Partners

Petrol Features

  • Earn 10X TREATS Points (or 4 air miles) for every S$1 spent on all petrol stations
  • Up to 19.1% exclusive savings on petrol

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$240
Supplementary Annual FeeFree
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$20, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$80,000
Foreigner$80,000

Other

Card AssociationMasterCard
Wireless PaymentMasterCard PayPass
Citi PremierMiles Visa Card

Citi PremierMiles Visa Card

Very Good

Get $200 Vouchers

Citi PremierMiles Visa Card
Very Good

14%

Max. Savings at Esso & Shell

14%

Instant Discount at Esso & Shell

1.2 Miles

per S$1 spent at all Other Petrol Stations

MoneySmart Exclusive: Get S$200 NTUC Fairprice OR Takashimaya OR CapitaLand Vouchers!
  • Get 30,000 Citi Miles when you apply & spend

Petrol Features

  • 14% discount at Esso stations - 5% Esso site discount + 5% Smiles card discount + 4% Citicard discount
  • 13.6% discount at Shell stations - 5% Shell site discount + 5% Shell Escape discount + 4% Citi Rebate (applies after Shell discount)

Annual Interest Rate and Fees

Annual Interest Rate26.90%
Principle Annual Fee$193
Supplementary Annual FeeComplementary
Fee WaiverAvaliable
Minimum Monthly Repayment1% or S$50, whichever is higher
Interest Free Period25 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$42,000

Other

Card AssociationVisa, American Express
Wireless PaymentVisa payWave, Samsung Pay, Citi Pay
Show more cards

Petrol Credit Card Discount 2018

Credit CardMaximum Fuel SavingsInstant Discount
Citi Cash Back Card20.88%14.0%
DBS Esso Card27.60%17.0%
UOB One Card24.00%15.0%
Standard Chartered Unlimited Cashback Credit Card21.04%16.0%
POSB Everyday Card20.1%15.0%
OCBC 365 Credit Card23.0%16.0%

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Esso Credit Card Discount

Esso is easily the most popular petrol station chain here and it has its following of loyal fans. Unfortunately, Esso does NOT always have the cheapest petrol prices in Singapore, so any discount will definitely help.

If you’re a fan, you should get the Esso Smiles loyalty card, which lets you earn 1 Smiles rewards point per litre of Esso Synergy fuel you pump.

Pair that with the right credit card and you’re looking at as much as 27% in savings. It should come as no surprise that the DBS Esso Card currently offers the best Esso discount in Singapore.

Shell Credit Card Discount

The other super popular petrol kiosk chain is Shell, which is understandable as it has the most petrol stations in Singapore.

Their loyalty programme is called Shell Escape, and you earn 1 point per litre of Shell FuelSave petrol. You can also earn points when you send your car for servicing and car washing.

Right now, the best credit card to use with your Shell Escape card is the Citi Cash Back Card, which gives you up to 20.88% discount.

Caltex Credit Card Discount

Caltex may not have as many stations in Singapore as Esso or Shell, but the good thing about pumping at Caltex is that you can use that NTUC membership you signed up for at that roadshow.

That’s right - apart from letting you earn LinkPoints at NTUC FairPrice, your NTUC Plus! card also functions as the loyalty card for Caltex.

The best credit cards for Caltex discounts are the Standard Chartered Unlimited Cashback or OCBC 365 Card. You can get up to about 21% in savings with these credit cards.

SPC Credit Card Discount

SPC may not have a large fanbase like Shell or Esso, but has a respectably large network of petrol kiosks in Singapore.

To get cheaper petrol prices at SPC, you should definitely sign up for the SPC&U membership card. Rather than letting you earn points, it gives you a direct petrol discount (10% for petrol, 15% for diesel) - instant gratification.

The best credit cards to use for SPC discounts are the UOB One Card or the POSB Everyday Card.

How to Save on Petrol Prices with Credit Cards

Pick your favourite petrol station

Unless you’re a die-hard cheapo trying to beat the system, it doesn’t really matter if you go to Esso, Shell, Caltex or SPC. The difference in their petrol prices is very small, and won’t matter to most people. Just pick one petrol chain that’s convenient for you and stick to it.

Always bring your loyalty card

Never pump petrol without your preferred petrol chain’s loyalty card, be it Esso Smiles, Shell Escape, Caltex Plus! or SPC&U. At the point of payment, you’ll need to show it to the cashier along with your credit card to get the full petrol discount.

Fill up only when your tank is empty

Don’t top up your tank as and when you feel like it - make sure your tank is empty enough before you fill ‘er up. That’s because you can often get a greater discount if your petrol cost hits a certain minimum.

Meet the minimum spending requirements

Some of these credit cards have a minimum spending requirement to meet before you can get your full cash rebate. Don’t let your money-saving efforts go to waste by neglecting it.

Switch card when you hit the Cashback cap

While we’re on the topic of terms & conditions, remember to check the cash rebates cap on your petrol credit card too. The higher the rebates, the quicker you’ll hit the cap. If your petrol consumption is high, consider carrying a backup petrol credit card for these cases.