Compare the Latest Credit Card Promotions in Singapore 2018

Updated May 2018

Find the latest credit card promotions in Singapore. Get free luggage, cash rebates, bonus miles and other attractive gifts when you sign up for these credit cards.

Other Promo Cards
Listing credit cards 844  2x
Citi PremierMiles Visa Card

S$1 = 1.2 Miles

Local Spend

S$1 = 2 Miles

Overseas Spend

S$1 = Up to 7 Miles

Selected Online Hotel and Flight bookings

  • Get 4 Citi Miles with Apple Pay
  • +1 more

Other Promotions

  • Get S$120 Cashback

Promo Features

  • Apply through MoneySmart between 11 May 2018 - 30 Jun 2018 and get a free S$150 NTUC FairPrice or Takashimaya Voucher. Valid for New-to-Bank customers only
  • Get S$120 Cash Back when you spend at least S$200 a month for 6 months
  • Get up to 4 Citi Miles per S$1 spent on Apple Pay, excludes other promotional earn rates, valid till 31 Jul 2018. Citi Miles earned under this Promotion will not expire.

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
Complementary
Fee Waiver
1 year annual fee waiver for basic and perpetual fee waiver for all supplementary cards
Annual Interest Rate
26.90%

Eligibility

Singaporean Minimum Income
$50,000
Non-Singaporean Minimum Income
$50,000
Listing credit cards 861  2x

Other Promotions

  • Get S$120 Cashback

Promo Features

  • Apply through MoneySmart between 11 May 2018 - 30 Jun 2018 and get a free S$150 NTUC FairPrice or Takashimaya Voucher. Valid for New-to-Bank customers only
  • Get S$120 Cash Back when you spend at least S$200 a month for 6 months
  • 5% Cash Back per S$1 spent with your Citi Card on Apple Pay, excluding Petrol, Groceries, and Dining merchants. Capped at S$25/statement month, valid till 31 Jul 2018

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
96.3
Fee Waiver
2 years fee waiver for Principal and two (2) Supplementary cards
Annual Interest Rate
26.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$42,000
Listing credit cards 868  2x

Other Promotions

  • Get S$120 Cashback

Promo Features

  • Apply through MoneySmart between 11 May 2018 - 30 Jun 2018 and get a free S$150 NTUC FairPrice or Takashimaya Voucher. Valid for New-to-Bank customers only
  • Get S$120 Cash Back when you spend at least S$200 a month for 6 months
  • 20X Rewards Points per S$1 spent on Apple Pay, excludes other promotional earn rates, no cap on bonus points. Valid till 31 Jul 2018

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
96.3
Fee Waiver
First year fee waived for Principal and two (2) Supplementary cards
Annual Interest Rate
26.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$42,000
Listing image unnamed
HSBC Advance Credit Card

Up to 3.5%

Cash Back on All Spend

S$70

Cash Back Cap per month

S$0

Min. Spend per month

  • Option 1: American Tourister Caravan 70cm TSA luggage (worth S$260)
  • Option 2: S$100 Cash Back

Promo Features

  • Get American Tourister Caravan 70cm TSA luggage (worth S$260) when you charge S$600 to your new card within a month of Card Account opening date
  • Get S$20 Cash Back when you apply for 1 or more supplementary cards
  • Valid for New Cardholders
  • Existing Cardholders are entitled to S$70 Cash Back and the supplementary card offer

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
0.0
Fee Waiver
1 year card annual fee waiver / Perpetual card annual fee waiver for HSBC Advance banking customers
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$40,000
Listing image 20170328 hsbc revo
HSBC Revolution Credit Card

S$1= 5X Points

on Online, Dining and Entertainment

S$1= 1X Point

on All Other Spend

1 Point = 0.4 Miles

Rewards to Miles Conversion for Selected Airline Partners

  • Option 1: American Tourister Caravan 70cm TSA luggage (worth S$260)
  • Option 2: S$100 Cash Back

Promo Features

  • Get American Tourister Caravan 70cm TSA luggage (worth S$260) when you charge S$600 to your new card within a month of Card Account opening date
  • Get S$20 Cash Back when you apply for 1 or more supplementary cards
  • Valid for New Cardholders
  • Existing Cardholders are entitled to S$70 Cash Back and the supplementary card offer

Annual Rates

Principle Annual Fee
$150
Supplementary Annual Fee
0.0
Fee Waiver
2 years fee waiver, subsequent years waived with min. spend of $12,500 p.a.
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$40,000
Listing scb unlimitedmc shawnt mar8
Standard Chartered Unlimited Cashback Credit Card

3%

Cash Back on Foreign Currency Spend

1.5%

Cash Back on All Other Spend with no cap

S$0

Min. Spend per month

  • Enjoy 3% cashback on foreign currency spend
  • Get up to S$120 cashback when you sign up

Promo Features

  • S$100 cashback for New Principal Cardholders
  • Existing Principal Cardholders are eligible to receive S$20 cashback
  • Your new card must be activated within 30 days of card approval date
  • Get additional $20 cashback when you make your first 5 qualifying mobile wallet transactions via Apple Pay, Samsung Pay or Android Pay
  • Valid till 31st March 2018

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
0.0
Fee Waiver
2 years fee waiver
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$60,000
Listing u1116046d f optimized
UOB YOLO Credit Card

Up to 12%

Cash Back All Week on Grab, Dining and Entertainment

Up to S$100

Cash Back Cap per month

S$600

Min. Spend per month

  • Get 12% cash rebate on Grab, Dining and Entertainment

Promo Features

  • 12% cash rebate All Week on Grab, Dining and Entertainment for new Cardmembers within the first 3 months of card approval
  • Spend a minimum of S$600 within the first month for new members
  • Categories with 3% rebate will receive a Bonus Rebate of 9%. Categories with 8% rebate will receive a Bonus Rebate of 4%.
  • Bonus Rebate capped at S$40 per month
  • Valid till 30 Jun 2018

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
N/A
Fee Waiver
1 year fee waiver for Principal card, free first supplementary card
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$40,000
Listing image everyday 2x
POSB Everyday Card

5%

Cash Back at Sheng Siong

S$50

Cash Back Cap for Sheng Siong

S$0

Min. Spend per month

  • Get 5% Cash Rebate on Overseas Spend
  • Enjoy up to 37.49% savings in fuel
  • +1 more

Other Promotions

  • Online Exclusive - Up to S$200 Cashback

Promo Features

  • Enjoy up to 37.49% savings in fuel
  • Be a registered SPC&U member
  • Charge a min. of S$180 nett on fuel at SPC per qualifying period to receive S$5 SPC e-coupon
  • Charge to your POSB Everyday Card to receive a bonus Daily$5
  • Applicable to the first 2,500 POSB Everyday Cardholders with an accumulated spend of S$180 at SPC per qualifying period
  • Qualifying periods: 16 Apr - 15 May 2018 and 16 May - 15 Jun 2018

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
96.3
Fee Waiver
1 year annual fee waiver
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$45,000
Listing image hsbc infinite 2x
HSBC Visa Infinite Credit Card

S$1 = Up to 1.25 Miles

Local Spend

S$1 = Up to 2.25 Miles

Overseas Spend

35,000 Miles

Welcome Gift

Promo Features

  • $40 annual fee to convert 87,500 HSBC Rewards Points to 35,000 Air Miles
  • Please refer to listing for further information

Annual Rates

Principle Annual Fee
$650
Supplementary Annual Fee
0.0
Fee Waiver
Annual programme fee applies
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$120,000
Non-Singaporean Minimum Income
$120,000
Listing scb rewards optimised
Standard Chartered Rewards+ Credit Card

S$1= 10X Points

on Foreign Currency Spend

S$1= 5X Points

on Local Dining Spend

1 Point = 0.29 Miles

Rewards to Miles Conversion

  • Get 30-inch American Tourister Luggage Bag worth S$120
  • Get up to S$120 cashback when you sign up
  • +2 more

Other Promotions

  • Enjoy 1-for-1 Platinum Movie Suites Tickets with Cathay Cineplexes
  • Up to 50% off a la carte dining at The Fullerton Hotel and The Fullerton Bay Hotel Singapore

Promo Features

  • Up to 50% off a la carte dining at The Fullerton Hotel and The Fullerton Bay Hotel Singapore
  • Enjoy 1-for-1 Platinum Movie Suites Tickets with Cathay Cineplexes
  • Get up to S$120 cashback when you sign up and make your first 5 qualifying mobile wallet transactions via Apple Pay, Samsung Pay or Android Pay

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
N/A
Fee Waiver
N/A
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$60,000
Listing image image american express capita credit card 2x
American Express CapitaCard

S$1 = 10X STAR$

at participating Merchants at CapitaLand Malls

S$1 = 5 STAR$

on All Other Spend

S$50 CapitaVoucher

converted from 50,000 STAR$

Promo Features

  • Get up to 60,000 STAR$
  • Receive 30,000 Bonus STAR$ after your first successful transaction within the first 6 months upon card approval
  • Additional 30,000 Bonus STAR$ when you spend S$888 within first 6 months
  • Valid till 31 Dec 2017

Annual Rates

Principle Annual Fee
$171
Supplementary Annual Fee
85.6
Fee Waiver
1 year fee waiver and perpetual fee waiver for first 2 Supplementary cards
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$60,000
Listing image hsbc platinum visa cmyk 20dec16 2x
HSBC Visa Platinum Credit Card

Up to 5%

Cash Back on Petrol, Groceries, Dining & Selected Recurring Bills

S$120

Cash Back Cap per quarter

S$800

Min. Spend per month, per quarter

  • Option 1: American Tourister Caravan 70cm TSA luggage (worth S$260)
  • Option 2: S$100 Cash Back

Promo Features

  • Get American Tourister Caravan 70cm TSA luggage (worth S$260) when you charge S$600 to your new card within a month of Card Account opening date
  • Get S$20 Cash Back when you apply for 1 or more supplementary cards
  • Valid for New Cardholders
  • Existing Cardholders are entitled to S$70 Cash Back and the supplementary card offer

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
0.0
Fee Waiver
2 years fee waiver, subsequent years waived with min. spend of $12,500 p.a.
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$40,000
Listing credit cards 4519  2x
Standard Chartered Spree Credit Card

3%

Cash Back on Online Spends in Foreign Currency

S$60

Cash Back Cap per month

S$0

Min. Spend per month

  • Get up to S$120 cashback when you sign up

Promo Features

  • 20% off vPost shipping fees for air shipments to Singapore, capped at $1250 per shipment**

Annual Rates

Principle Annual Fee
$193
Supplementary Annual Fee
0.0
Fee Waiver
2 years fee waiver
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$60,000
Listing credit cards 876  2x
DBS Live Fresh Card

Up to 5%

Cash Back on Online Spend & Contactless Payments

S$60

Cash Back Cap

S$600

Min. Spend per month

  • Win an all-expense paid trip for two to NYC and Comic-Con 2018
  • Win a pair of SQ Suites return tickets to one of these 5 locations
  • +2 more

Other Promotions

  • Online Exclusive - Up to S$200 Cashback
  • Ultra SG x DBS Ticket Sale

Promo Features

  • Online shopping and payment via contactless methods get 5% cashback
  • Contactless Payments: Visa payWave, Apple Pay, Samsung Pay, Google Pay
  • Top 100 spenders from 8 Jan - 31 Mar 2018 will win a pair of Nike Air Force 1s
  • One lucky draw chance/S$50 spent for 1,000 G-Shock Watch winners

Annual Rates

Principle Annual Fee
$128
Supplementary Annual Fee
64.2
Fee Waiver
1 year fee waiver
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$30,000
Non-Singaporean Minimum Income
$45,000
Listing maybank horizon signature optimised
Maybank Horizon Visa Signature

S$1 = 8X Points

on Dining, Petrol, Taxi and Hotel Bookings at Agoda

S$1 = 5X Points

on Air Tickets, Travel Packages and Foreign Currency Spend

1 Point = 0.5 miles

Rewards to Miles Conversion for Selected Airline Partners

  • Get a Samsonite Orfeo 69cm Spinner (worth S$420)

Promo Features

  • Receive a Samsonite Orfeo 69cm Spinner worth S$420 when you sign up for 2 new Maybank Credit Cards and CreditAble Account
  • Spend a minimum of S$500 to your Credit Cards and/or CreditAble account within the first 2 months of Card approval to be eligible for this promotion
  • Promotion is exclusive for new Maybank Credit Card and CreditAble applicants who do not hold any Maybank Credit Card(s) or CreditAble Account and/or have not cancelled their existing Maybank Credit Card(s) or their existing CreditAble Account within nine months prior to the start of this Promotion
  • Limited to first 8,500 applicants
  • Subsequent successful applicants are entitled to S$50 cash credit
  • Valid until June 30, 2018
  • Additional Terms and Conditions apply

Annual Rates

Principle Annual Fee
$180
Supplementary Annual Fee
Complimentary
Fee Waiver
Waived with min. spend of S$18,000 p.a.
Annual Interest Rate
25.90%

Eligibility

Singaporean Minimum Income
$50,000
Non-Singaporean Minimum Income
$60,000
Show more cards

What Are Credit Card Promotions?

We all have that one relative or friend who swears by credit card sign-up promotions. Every time you see them, they seem to have a new piece of Samsonite luggage for their collection or a wad of Takashimaya vouchers to blow.

Unlike with rewards or miles credit cards, such introductory promotions typically do not require you to accumulate and redeem points. Instead, banks offer attractive sign-up gifts like branded luggage to entice new customers. The credit card itself can be any sort of card.

Types of Credit Card Promotions

Here are 3 common types of promotions offered by credit cards in Singapore:

Free Gifts

Promotional freebies that await when you sign up for a credit card. Apart from that perennial favourite – free luggage – there are also variations such as free mobile data and free petrol. Some credit cards also offer the chance to win bigger-ticket prizes such as package holidays or limited edition branded goods.

Welcome Miles/points

Miles credit cards or rewards credit cards will sometimes sweeten the deal for newcomers with a big bunch of points in the first few months of card usage. These often come with substantial minimum spends.

Cashback Promotions

Some cashback credit cards offer a big cash rebate, e.g. $100 cashback, upon successful application or the first spend on that card. Check if there is a minimum spend or any other catch before you jump at the chance to get free money.

More From The MoneySmart Blog

Check out our blog for more personal finance tips and insights.

Frequently Asked Questions

What kind of credit card promotion is best?

The ideal credit card promotion is one that merely sweetens the deal on a credit card that is already a good fit for your lifestyle and spending habits – the icing on the cake. Also, make sure you actually need the freebie on offer. If your storeroom is already bursting with 27 other American Tourister bags, maybe skip the free luggage promo this time.

How do I stay on top of new credit card promotions?

By following MoneySmart, of course! Bookmark this page for the latest promotions and keep up with our blog as we’ll feature noteworthy credit card news as it happens.

Is there a drawback to signing up for too many credit cards?

It can be tempting to sign up for many credit cards just for the introductory freebies, but having too many cards can have unintended consequences. For one thing, if you cannot keep track of your credit cards, you are more susceptible to credit card fraud. Applying for too many credit cards or having unused credit cards lying around also does not help your credit score should you wish to take out a loan in the future.