Compare the Latest Credit Card Promotions in Singapore 2019

Updated August 2019

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.

Popular Promo Credit Cards

Get S$200 Vouchers!

Citibank SMRT Card

5%

Cash Back at Selected Grocery Stores

S$600

Cash Back Cap per year

S$300

Min. Spend per month

MoneySmart Exclusive: Get S$200 NTUC Fairprice OR CapitaLand Vouchers! Applies to new to bank customers. Claim Here.Valid till 31 Aug 2019.

5%

Cash Back at Selected Grocery Stores

S$600

Cash Back Cap per year

S$300

Min. Spend per month

MoneySmart Exclusive: Get S$200 NTUC Fairprice OR CapitaLand Vouchers! Applies to new to bank customers. Claim Here.Valid till 31 Aug 2019.

Promo Features

  • Apply through MoneySmart between 1 Aug 2019 - 31 Aug 2019 and get a free S$200 NTUC FairPrice Or CapitaLand Vouchers
  • Cards applicable for this promotion are the Citi Cash Back Card, Citi PremierMiles Visa Card, Citi Rewards Card & Citi SMRT Card
  • You should receive an email from us 4 weeks after the promotion period ends with more details about redemption
  • Only New-to-Bank Customers will be eligible for the promotion. For the full T&Cs, click here
  • Important – Go to MoneySmart Claim Form to submit your (1) Contact Details and (2) Unique Reference Number (URN) for your S$200 Vouchers

Annual Interest Rate and Fees

Annual Interest Rate26.90%
Principle Annual Fee$193
Supplementary Annual Fee$96.30
Fee WaiverAvailable
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
Wireless PaymentVisa payWave, Samsung Pay, Citi Pay

Get up to 23,000 KrisFlyer miles

American Express Singapore Airlines KrisFlyer Credit Card

S$1 = 1.1 Miles

Local Spend

S$1 = 2 Miles

Overseas Spend

S$1 = 3.1 Miles

Grab rides

MoneySmart Exclusive: Get up to 23,000 KrisFlyer miles! Fulfilled by American Express.Valid till 31 Aug 2019.
  • Get 3.1 KrisFlyer miles per S$1 spent on Daily Essentials

S$1 = 1.1 Miles

Local Spend

S$1 = 2 Miles

Overseas Spend

S$1 = 3.1 Miles

Grab rides

MoneySmart Exclusive: Get up to 23,000 KrisFlyer miles! Fulfilled by American Express.Valid till 31 Aug 2019.

Promo Features

  • MoneySmart Offer: Get 4,500 miles when you spend S$1,500 within the first 3 months of card approval. Valid till 31 Aug 2019
  • Get 7,500 miles with an additional spend of S$3,500 within the first 3 months of card approval
  • Get 5,000 welcome miles when you charge S$1 to your card the very first time. Valid for first time applicants of any co-branded AMEX Singapore Airlines Credit Card
  • Get additional 5,500 miles for S$5,000 spend based on S$1 = 1.1 miles on all spends
  • Get 500 bonus miles on your first Grab booking. T&Cs apply
  • Full T&Cs here
  • KrisFlyer miles will be credited to the KrisFlyer accounts of eligible applicants by American Express

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$177
Supplementary Annual Fee53.5
Fee WaiverAvailable
Minimum Monthly Repayment3% or $50, whichever is higher
Interest Free Period22 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationAmerican Express
Wireless PaymentApple Pay, Samsung Pay, Google Pay
HSBC Advance Credit Card

Up to 3.5%

Cash Back on All Spend

S$125

Cash Back Cap per month

S$0

Min. Spend per month

Online Promotion: Get a Samsonite T5 Spinner (worth S$560) OR S$150 Cash Back with min. spend of $800 in first month of card approval!Valid till 30 Sep 2019.

Up to 3.5%

Cash Back on All Spend

S$125

Cash Back Cap per month

S$0

Min. Spend per month

Online Promotion: Get a Samsonite T5 Spinner (worth S$560) OR S$150 Cash Back with min. spend of $800 in first month of card approval!Valid till 30 Sep 2019.

Promo Features

  • Option 1: Samsonite T5 Spinner with built-in scale (worth S$560) OR Option 2: Get S$150 Cash Back
  • S$800 min spend required to your new card within a month of Card Account opening date
  • Valid for New Cardholders Only
  • Promotion valid from 1 May 2019 - 30 Sep 2019
  • Existing Cardholders get S$30 Cash Back
  • Bank T&Cs apply

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$193
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay
UOB One Card

Up to 10%

Cash Back on Grab

S$300

Cash Back Cap per quarter

S$2000

Min. Spend per month, per quarter

Up to 10%

Cash Back on Grab

S$300

Cash Back Cap per quarter

S$2000

Min. Spend per month, per quarter

Promo Features

  • Get S$100 worth of free Grab rides
  • Limited to first 400 qualifying new-to-UOB Credit Cardmembers
  • Min spend S$1,000 within the first 30 days of new card approval
  • S$100 worth of free rides given in form of 1 Grab promo code which is valid for 10 unique redemptions
  • Each redemption capped at S$10 per transaction

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
Standard Chartered Spree Credit Card

5%

Cash Back on Eligible Spend with up to S$100 cap

3%

Cash Back on Online Spends in Foreign Currency

S$0

Min. Spend per month

5%

Cash Back on Eligible Spend with up to S$100 cap

3%

Cash Back on Online Spends in Foreign Currency

S$0

Min. Spend per month

Promo Features

  • New-To-Bank customers: Get up to S$80 Cashback when you apply for SCB Rewards
  • Existing customers: Get up to S$20 Cashback when you apply for SCB Rewards
  • Get 15% cashback with Grab

Annual Interest Rate and Fees

Annual Interest Rate26.90%
Principle Annual Fee$193
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment1% or S$50, whichever is higher
Interest Free Period

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Google Pay
Standard Chartered Rewards+ Credit Card

5%

Cash Back on Eligible Spend with up to S$100 cap

15%

Cash Back with Grab

S$1= 10X Points

on Foreign Currency Spend

5%

Cash Back on Eligible Spend with up to S$100 cap

15%

Cash Back with Grab

S$1= 10X Points

on Foreign Currency Spend

Promo Features

  • New-To-Bank customers: Get up to S$80 Cashback when you apply for SCB Rewards
  • Existing customers: Get up to S$20 Cashback when you apply for SCB Rewards
  • Get 15% cashback with Grab
  • Up to 50% off dining at The Fullerton Hotel

Annual Interest Rate and Fees

Annual Interest Rate26.90%
Principle Annual Fee$193
Supplementary Annual FeeN/A
Fee WaiverAvailable
Minimum Monthly Repayment1% or S$50, whichever is higher
Interest Free Period

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationVisa
Wireless PaymentVisa Paywave, Apple Pay, Samsung Pay, Google Pay
HSBC Visa Platinum Credit Card

5%

Cash Back on Dining, Groceries, Petrol

S$250

Cash Back Cap per quarter

S$600

Min. Spend per month, per quarter

Online Promotion: Get a Samsonite T5 Spinner (worth S$560) OR S$150 Cash Back with min. spend of $800 in first month of card approval!Valid till 30 Sep 2019.

5%

Cash Back on Dining, Groceries, Petrol

S$250

Cash Back Cap per quarter

S$600

Min. Spend per month, per quarter

Online Promotion: Get a Samsonite T5 Spinner (worth S$560) OR S$150 Cash Back with min. spend of $800 in first month of card approval!Valid till 30 Sep 2019.

Promo Features

  • Option 1: Samsonite T5 Spinner with built-in scale (worth S$560) OR Option 2: Get S$150 Cash Back
  • S$800 min spend required to your new card within a month of Card Account opening date
  • Valid for New Cardholders Only
  • Promotion valid from 1 May 2019 - 30 Sep 2019
  • Existing Cardholders get S$30 Cash Back
  • Bank T&Cs apply

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$193
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

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

S$1 = 1.4 Miles

Local Spend

S$1 = 3 Miles

Overseas Spend

35,000 Miles

Welcome Gift

Online Promotion: Get 35,000 Welcome Miles Valid till 31 Aug 2019.

S$1 = 1.4 Miles

Local Spend

S$1 = 3 Miles

Overseas Spend

35,000 Miles

Welcome Gift

Online Promotion: Get 35,000 Welcome Miles Valid till 31 Aug 2019.

Promo Features

  • Get 35,000 Miles when you apply for SCB Visa Infinite Credit Card via MoneySmart
  • Applicable when you pay the annual fee of $588.50

Annual Interest Rate and Fees

Annual Interest Rate26.90%
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
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

Online Promotion: Get a Samsonite T5 Spinner (worth S$560) OR S$150 Cash Back with min. spend of $800 in first month of card approval!Valid till 30 Sep 2019.

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

Online Promotion: Get a Samsonite T5 Spinner (worth S$560) OR S$150 Cash Back with min. spend of $800 in first month of card approval!Valid till 30 Sep 2019.

Promo Features

  • Option 1: Samsonite T5 Spinner with built-in scale (worth S$560) OR Option 2: Get S$150 Cash Back
  • S$800 min spend required to your new card within a month of Card Account opening date
  • Valid for New Cardholders Only
  • Promotion valid from 1 May 2019 - 30 Sep 2019
  • Existing Cardholders get S$30 Cash Back
  • Bank T&Cs apply

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$150
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay
UOB PRVI Miles Card

S$1 = 1.4 Miles

Local Spend

S$1 = 2.4 Miles

Overseas Spend

S$1 = 10 Miles

Selected Online Hotel and Flight bookings

  • Earn up to 3miles per S$1 spend on Klook bookings (Exclusive to UOB Privi Miles Cards only)
  • Get S$150 cash credit

S$1 = 1.4 Miles

Local Spend

S$1 = 2.4 Miles

Overseas Spend

S$1 = 10 Miles

Selected Online Hotel and Flight bookings

Promo Features

  • Get S$150 cash credit
  • Limited to the first 1,000 qualifying new-to-UOB Principal Credit Cardmembers (with application successfully approved till 31 October 2019) who spend a minimum of S$1,500 within the first 30 days of their new card approval.

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$257
Supplementary Annual Fee128.4
Fee Waiver1 year fee waiver, free first 2 supplementary cards
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period21 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationMasterCard, Visa, American Express
Wireless PaymentMasterCard PayPass, Visa payWave, Apple Pay, Samsung Pay, Android Pay, Mighty Pay
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 an American Tourister Linex 66/24 TSA Luggage (worth S$260)!

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

Promo Features

  • Receive S$50 cash credit (Samsonite Orfeo 69cm Spinner FULLY REDEEMED) 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 July 31, 2018
  • Additional Terms and Conditions apply

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$180
Supplementary Annual FeeComplimentary
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$20, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Samsung Pay
Maybank FC Barcelona Visa Signature

1.6%

Cash Rebate on All Local Spend

S$1 = 2X Points

on Spend in Foreign Currency

S$0

Min. Spend per month

  • Get an American Tourister Linex 66/24 TSA Luggage (worth S$260)!

1.6%

Cash Rebate on All Local Spend

S$1 = 2X Points

on Spend in Foreign Currency

S$0

Min. Spend per month

Promo Features

  • Get S$50 cash credit (Samsonite Orfeo 69cm Spinner FULLY REDEEMED)
  • Win a trip for 2 to watch FC Barcelona LIVE in Camp Nou
  • Receive a limited edition cap and lanyard for first 100 applicants at various Maybank Branches

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$120
Supplementary Annual FeeComplimentary
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$20, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Samsung Pay
Maybank Platinum Visa Card

Up to 3.33%

Cash Rebates on All Local Spend

0.3%

Cash Rebate on Overseas Spend

S$100

Cash Rebate Cap per quarter

  • Get an American Tourister Linex 66/24 TSA Luggage (worth S$260)!

Up to 3.33%

Cash Rebates on All Local Spend

0.3%

Cash Rebate on Overseas Spend

S$100

Cash Rebate Cap per quarter

Promo Features

  • Receive S$50 cash credit (Samsonite Orfeo 69cm Spinner FULLY REDEEMED) 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 July 31, 2018
  • Additional Terms and Conditions apply

Annual Interest Rate and Fees

Annual Interest Rate15.00%
Principle Annual Fee$0
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$20, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$60,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Samsung Pay, MaybankPay
POSB Everyday Card

Up to 15%

Cash Rebates for everyday essentials

Up to S$80

Cash Rebates cap per month

S$800

Min. Spend per month

Online Promotion: Enjoy S$120 cashbackValid till 30 Sep 2019.

Up to 15%

Cash Rebates for everyday essentials

Up to S$80

Cash Rebates cap per month

S$800

Min. Spend per month

Online Promotion: Enjoy S$120 cashbackValid till 30 Sep 2019.

Promo Features

  • Be an existing Principal POSB Everyday Card and the first 10,000 Cardmembers to enrol in the POSB Everyday Card Overseas Promotion
  • Spend a min. of S$800 per calendar month; Cashback capped at S$50 per calendar month
  • The lucky draw prize is 2 round trip premium economy tickets to Paris via SQ, 3 night 5 Star accommodation in Paris, Professional makeover and photo shoot around Paris’ iconic sites, S$500 prepaid Mastercard and gift bag
  • Valid from 1 Nov 2018 to 28 Feb 2019

Annual Interest Rate and Fees

Annual Interest Rate26.80%
Principle Annual Fee$193
Supplementary Annual FeeS$96.30
Fee WaiverAvailable
Minimum Monthly Repayment3.00% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$45,000

Other

Card AssociationMasterCard Contactless
Wireless PaymentMasterCard Contactless
UOB YOLO Credit Card

Up to 8%

Cash Back on Online, Grab, Dining and Entertainment spend

Up to S$80

Cash Back Cap per month

S$600

Min. Spend per month

Up to 8%

Cash Back on Online, Grab, Dining and Entertainment spend

Up to S$80

Cash Back Cap per month

S$600

Min. Spend per month

Promo Features

  • Get S$100 cash credit when you apply
  • Limited to first 600 new-to-UOB cardmembers with applications approved between 1 April - 30 June 2019
  • Min spend S$1,000 within first 30 days of card approval to be eligible for promotion

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$193
Supplementary Annual FeeN/A
Fee WaiverAvailable
Minimum Monthly Repayment3% or 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
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.

Try MoneySmart’s new KrisFlyer miles calculator

Use our new KrisFlyer miles redemption calculator and find out which destinations you can travel for free on a travel class of your choice

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.

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.