Compare the Latest Credit Card Promotions in Singapore 2019

Updated January 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 $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 Takashimaya OR CapitaLand Vouchers!

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 Takashimaya OR CapitaLand Vouchers!

Promo Features

  • Apply through MoneySmart between 06 Nov 2018 - 31 Dec 2018 and get a free S$200 NTUC FairPrice Or Takashimaya 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

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 free $200 Vouchers

Citi Rewards Card

S$1= 10X Points

on Bags, Shoes, Clothes (Online + Retail)

S$1 = 1 Point

on All Other Spend

1 Point = 0.4 Miles

Rewards to Miles Conversion

MoneySmart Exclusive: Get S$200 NTUC Fairprice OR Takashimaya OR CapitaLand Vouchers!

S$1= 10X Points

on Bags, Shoes, Clothes (Online + Retail)

S$1 = 1 Point

on All Other Spend

1 Point = 0.4 Miles

Rewards to Miles Conversion

MoneySmart Exclusive: Get S$200 NTUC Fairprice OR Takashimaya OR CapitaLand Vouchers!

Promo Features

  • Apply through MoneySmart between 06 Nov 2018 - 31 Dec 2018 and get a free S$200 NTUC FairPrice Or Takashimaya 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

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 AssociationMasterCard, Visa
Wireless PaymentMaster PayPass, Visa payWave, Samsung Pay, Citi Pay
Standard Chartered Unlimited Cashback Credit Card

5%

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

15%

Cash Back with Grab

Unlimited

Cash Back Cap for the 1.5% Cash Back rate

  • Get S$150 in Prime Now Credits or up to S$100 cashback
  • Get 15% cashback with Grab
  • +1 more

5%

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

15%

Cash Back with Grab

Unlimited

Cash Back Cap for the 1.5% Cash Back rate

Other Promotions

  • Up to 50% off dining at The Fullerton Hotel

Promo Features

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  • Get up to S$100 worth of Cashback or S$150 Amazon Prime Now Credit when you apply for SCB Unlimited Cashback Card via MoneySmart
  • Stand a chance to win a trip for 2 to New York or up to S$1000 cashback
  • Get 15% cashback with Grab
  • Up to 50% off dining at The Fullerton Hotel

Annual Interest Rate and Fees

Annual Interest Rate25.90%
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 AssociationMasterCard
Wireless PaymentMasterCard PayPass, Apple Pay, Samsung Pay, Google Pay

Get up to S$250

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

MoneySmart Exclusive: Get S$150 worth of Grab Rides + Up to S$100 Cashback

Up to 3.5%

Cash Back on All Spend

S$125

Cash Back Cap per month

S$0

Min. Spend per month

MoneySmart Exclusive: Get S$150 worth of Grab Rides + Up to S$100 Cashback

Promo Features

  • MoneySmart Exclusive: Get S$150 worth of Grab Rides when you sign up for HSBC Advance/Visa Platinum/Revolution Card via MoneySmart, valid till 15 Feb 2019
  • Earn up to S$100 cashback; based on promotional 5% cashback rate on all contactless payment, valid till 28 Feb 2019
  • Enjoy the above when you charge S$600 to your new card within a month of Card Account opening date
  • Promotion Valid for New Cardholders. Existing Cardholders Get S$50 cash back
  • Applications must be approved by 15 March 2019

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 5%

Cash Back on All Spend

S$300

Cash Back Cap per quarter

S$2000

Min. Spend per month, per quarter

  • Get up to $150 cash credit when you apply online with selected savings accounts

Up to 5%

Cash Back on All Spend

S$300

Cash Back Cap per quarter

S$2000

Min. Spend per month, per quarter

Promo Features

  • Get up to $150 cash credit when you sign up for the One Card and One Account and/or KrisFlyer UOB Account
  • Up to $100 for the One Card and up to $50 for the One Account and/or KrisFlyer UOB Account
  • $100 cash credit limited to first 200 successful applicants with Min Spend of $1,000 within 30 days of card approval
  • Valid till 23 January, 2019. T&Cs apply
  • $50 cash credit when you sign up for One Account and/or KrisFlyer UOB Account with a min deposit of $5,000
  • Valid till 31 March, 2019

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

  • Get S$150 in Prime Now Credits or up to S$100 cashback
  • Get 15% cashback with Grab

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

  • Get up to S$100 worth of Cashback or S$150 Amazon Prime Now Credit when you apply for SCB Spree Card via MoneySmart
  • Get 15% cashback with Grab

Annual Interest Rate and Fees

Annual Interest Rate25.90%
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

  • Get S$150 in Prime Now Credits or up to S$100 cashback
  • Up to 50% off dining at The Fullerton Hotel
  • +1 more

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

Other Promotions

  • Enjoy 1-for-1 Platinum Movie Suites Tickets with Cathay Cineplexes

Promo Features

  • Get S$100 Cashback or S$150 Amazon Prime Now Credit when you apply for SCB Rewards+ Card via MoneySmart
  • Get 15% cashback with Grab
  • Up to 50% off dining at The Fullerton Hotel

Annual Interest Rate and Fees

Annual Interest Rate25.90%
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
Standard Chartered Visa Infinite Credit Card

S$1 = 1.4 Miles

Local Spend

S$1 = 3 Miles

Overseas Spend

35,000 Miles

Welcome Gift

  • Receive 35,000 Welcome Miles
  • Get 15% cashback with Grab

S$1 = 1.4 Miles

Local Spend

S$1 = 3 Miles

Overseas Spend

35,000 Miles

Welcome Gift

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 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
UOB PRVI Miles Card

S$1 = 1.4 Miles

Local Spend

S$1 = 2.4 Miles

Overseas Spend

S$1 = 6 Miles

Selected Online Hotel and Flight bookings

  • Get up to $100 cash credit when you apply online

S$1 = 1.4 Miles

Local Spend

S$1 = 2.4 Miles

Overseas Spend

S$1 = 6 Miles

Selected Online Hotel and Flight bookings

Promo Features

  • Get up to $100 cash credit when you apply online
  • $100 cash credit is limited to first 200 new customer sign-ups, with min spend of $1,000 within 30 days of card approval
  • Valid till 23 Jan 2019

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
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

  • Get up to $150 cash credit when you apply online with selected savings accounts

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 up to $150 cash credit when you apply online for YOLO and the One Account. Consists of S$100 cash credit when you apply for YOLO and S$50 when you apply for the One Account or KrisFlyer UOB Account
  • YOLO's $100 cash credit valid till 23 January 2019. Valid for first 200 new customers only with min spend of S$1,000 in the first 30 days. T&Cs apply
  • One Account's and/or KrisFlyer UOB Account's $50 cash credit valid till 31 March 2019 with Min Deposit of S$5,000. T&Cs apply.
  • Up to 8% cashback on Online, Grab, Dining, and Entertainment spend
  • Total cash back cap: S$80 per month. S$80 consists of S$60 base cash back and S$20 bonus cash back.

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
POSB Everyday Card

5%

Cash Back at Sheng Siong

S$50

Cash Back Cap for Sheng Siong

S$0

Min. Spend per month

  • Enjoy up to S$250 cashback
  • Enjoy 10% cash rebates on overseas spend

5%

Cash Back at Sheng Siong

S$50

Cash Back Cap for Sheng Siong

S$0

Min. Spend per month

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 Rate25.90%
Principle Annual Fee$193
Supplementary Annual Fee96.3
Fee WaiverAvailable
Minimum Monthly Repayment3% or $80, 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

Get up to 30,800 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 and Uber rides

MoneySmart Exclusive: Get up to 30,800 KrisFlyer miles
  • Get S$20 NTUC Voucher

S$1 = 1.1 Miles

Local Spend

S$1 = 2 Miles

Overseas Spend

S$1 = 3.1 Miles

Grab and Uber rides

MoneySmart Exclusive: Get up to 30,800 KrisFlyer miles

Promo Features

  • Enjoy up to 30,800 KrisFlyer miles when you apply via MoneySmart for your new American Express KrisFlyer Credit Card. Get 9,200 KrisFlyer miles upon first spend, and an additional 21,600 (7,500+7,500+6,600) KrisFlyer miles with a min. spend of S$6,000 within 6 months of Card Approval date. Valid till 31 Jan 2019. Full T&Cs
  • First Year Annual Fee Waiver

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
American Express The Platinum Card®

S$1.60 = 20 Points

for first S$16,000 spent at participating Platinum EXTRA Partners

1 Point = 0.625 Miles

Rewards to Miles Conversion for Singapore Airlines and more

No Expiry Date

on Membership Rewards Points

  • 75,000 Membership Rewards® Points
  • Enjoy Over S$1,200 Worth of Complimentary Hotel Stays And Credits

S$1.60 = 20 Points

for first S$16,000 spent at participating Platinum EXTRA Partners

1 Point = 0.625 Miles

Rewards to Miles Conversion for Singapore Airlines and more

No Expiry Date

on Membership Rewards Points

Promo Features

  • Apply and receive approval for your Platinum Charge Card
  • Pay the annual fee of S$1,712
  • Receive 2 complimentary nights stay at selected overseas Banyan Tree/Mandarin Oriental properties OR 1 complimentary night stay at Mandarin Oriental Singapore/Capella Singapore
  • Reservations must be made 1 month in advance
  • Applicable to Platinum Members not enrolled in any other campaigns

Annual Interest Rate and Fees

Annual Interest RateN/A
Principle Annual Fee$1,712
Supplementary Annual Fee$160.50 (First 2 Supplementary Cards fee permanently waived)
Fee WaiverNot Available
Minimum Monthly RepaymentN/A
Interest Free PeriodN/A

Minimum Income Requirements

Singaporean$200,000
Foreigner$200,000

Other

Card AssociationAmerican Express
Wireless PaymentN/A
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$

  • Get S$20 NTUC Voucher
  • Get S$60 CapitaVouchers AND an American Tourister Erie 64/24 luggage

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

  • Receive 60,000 STAR$ when you spend S$1,500 within 3 months of card approval
  • First Year Annual Fee Waiver

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$171
Supplementary Annual Fee85.6
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

Get up to S$250

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

MoneySmart Exclusive: Get S$150 worth of Grab Rides + Up to S$100 Cashback

5%

Cash Back on Dining, Groceries, Petrol

S$250

Cash Back Cap per quarter

S$600

Min. Spend per month, per quarter

MoneySmart Exclusive: Get S$150 worth of Grab Rides + Up to S$100 Cashback

Promo Features

  • MoneySmart Exclusive: Get S$150 worth of Grab Rides when you sign up for HSBC Advance/Visa Platinum/Revolution Card via MoneySmart, valid till 15 Feb 2019
  • Earn up to S$100 cashback; based on promotional 5% cashback rate on all contactless payment, valid till 28 Feb 2019
  • Enjoy the above when you charge S$600 to your new card within a month of Card Account opening date
  • Promotion Valid for New Cardholders. Existing Cardholders Get S$50 cash back
  • Applications must be approved by 15 March 2019

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
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.