Updated December 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.
Get S$200 Cash via PayNow!
S$1= 10X Points
on Online Spend*
S$1= 10X Points
on Shopping Spend
S$1 = 1 Point
on All Other Spend
S$1= 10X Points
on Online Spend*
S$1= 10X Points
on Shopping Spend
S$1 = 1 Point
on All Other Spend
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | $96.30 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period | 25 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $42,000 |
| Card Association | MasterCard, Visa |
|---|---|
| Wireless Payment | Master PayPass, Visa payWave, Samsung Pay, Citi Pay |
Get S$200 Cash via PayNow!
8%
Cash Back on Dining, Groceries & Petrol
S$25
Cash Back Cap per category, per month
S$888
Min. Spend per month
8%
Cash Back on Dining, Groceries & Petrol
S$25
Cash Back Cap per category, per month
S$888
Min. Spend per month
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | $96.30 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period | 25 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $42,000 |
| Card Association | MasterCard, Visa |
|---|---|
| Wireless Payment | Visa payWave, MasterCard PayPass, Samsung Pay, Citi Pay |
Win iPhone 11, Dyson & more!
Up to 1.5%
Cash Back on eligible spend
$0
Min. Spend per month
Unlimited
Cash Back Cap
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | 0.0 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $60,000 |
| Card Association | MasterCard |
|---|---|
| Wireless Payment | MasterCard PayPass, Apple Pay, Samsung Pay, Google Pay |
Get S$200 Cash via PayNow!
S$1 = Up to 1.5 Miles
Local Spend
S$1 = 2 Miles
All Foreign Currency Spend including Retail and Online
S$1 = Up to 10 Miles
Selected Online Hotel and Flight bookings
S$1 = Up to 1.5 Miles
Local Spend
S$1 = 2 Miles
All Foreign Currency Spend including Retail and Online
S$1 = Up to 10 Miles
Selected Online Hotel and Flight bookings
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | Complimentary |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period | 25 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $42,000 |
| Card Association | Visa, American Express |
|---|---|
| Wireless Payment | Visa payWave, Samsung Pay, Citi Pay |
5%
Cash Back at Selected Grocery Stores
S$600
Cash Back Cap per year
S$300
Min. Spend per month
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | $96.30 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period | 25 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $42,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Samsung Pay, Citi Pay |
Up to 3.5%
Cash Back on All Spend
S$125
Cash Back Cap per month
S$0
Min. Spend per month
| Annual Interest Rate | 25.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | 0.0 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% or S$50, whichever is higher |
| Interest Free Period | 20 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $40,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Apple Pay |
S$1 = 1.4 Miles
Local Spend
S$1 = 2.4 Miles
Overseas Spend
S$1 = 10 Miles
Selected Online Hotel and Flight bookings
S$1 = 1.4 Miles
Local Spend
S$1 = 2.4 Miles
Overseas Spend
S$1 = 10 Miles
Selected Online Hotel and Flight bookings
| Annual Interest Rate | 25.90% |
|---|---|
| Principle Annual Fee | $257 |
| Supplementary Annual Fee | 128.4 |
| Fee Waiver | 1 year fee waiver, free first 2 supplementary cards |
| Minimum Monthly Repayment | 3% or S$50, whichever is higher |
| Interest Free Period | 21 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $40,000 |
| Card Association | MasterCard, Visa, American Express |
|---|---|
| Wireless Payment | MasterCard PayPass, Visa payWave, Apple Pay, Samsung Pay, Android Pay, Mighty Pay |
Win iPhone 11, Dyson & more!
$100
Cash Back for New-to-bank customers
3%
Cash Back on Online Spends in Foreign Currency
S$0
Min. Spend per month
$100
Cash Back for New-to-bank customers
3%
Cash Back on Online Spends in Foreign Currency
S$0
Min. Spend per month
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | 0.0 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $60,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Apple Pay, Samsung Pay, Google Pay |
Win iPhone 11, Dyson & more!
$100
Cash Back for New-to-Bank customers
S$1= 5X Points
on Local Dining Spend
S$1= 10X Points
on Foreign Currency Spend
$100
Cash Back for New-to-Bank customers
S$1= 5X Points
on Local Dining Spend
S$1= 10X Points
on Foreign Currency Spend
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $60,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa Paywave, Apple Pay, Samsung Pay, Google Pay |
Win iPhone 11, Dyson & more!
S$1 = 1.2 Miles
on Local Spend
S$1 = 2 Miles
on Overseas Spend
60,000 Miles
Promotional Gift
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $696 |
| Supplementary Annual Fee | $107 |
| Fee Waiver | Not Available |
| Minimum Monthly Repayment | 1% or S$50, whichever is higher |
| Interest Free Period | 22 days |
| Singaporean | $80,000 |
|---|---|
| Foreigner | $80,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Apple Pay, Samsung Pay, Google Pay |
S$1 = 8 Miles
on Selected Travel and Hotel Partners
S$1 = 4 Miles
on Overseas spend
S$1 = 1.2 Miles
on Local spend
S$1 = 8 Miles
on Selected Travel and Hotel Partners
S$1 = 4 Miles
on Overseas spend
S$1 = 1.2 Miles
on Local spend
| Annual Interest Rate | 26.88% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | S$96.30 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% or S$50, whichever is higher |
| Interest Free Period | 23 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $45,000 |
| Card Association | Mastercard |
|---|---|
| Wireless Payment | Apple Pay, Samsung Pay, Google Pay |
5%
Cash Back on Dining, Groceries, Petrol
S$250
Cash Back Cap per quarter
S$600
Min. Spend per month, per quarter
5%
Cash Back on Dining, Groceries, Petrol
S$250
Cash Back Cap per quarter
S$600
Min. Spend per month, per quarter
| Annual Interest Rate | 25.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | 0.0 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% or S$50, whichever is higher |
| Interest Free Period | 20 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $40,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Apple Pay |
Win iPhone 11, Dyson & more!
S$1 = 1.4 Miles
Local Spend
S$1 = 3 Miles
Overseas Spend
35,000 Miles
Welcome Gift
| Annual Interest Rate | 26.90% |
|---|---|
| Principle Annual Fee | $589 |
| Supplementary Annual Fee | 0.0 |
| Fee Waiver | Not Available |
| Minimum Monthly Repayment | 1% of S$50, whichever is higher |
| Interest Free Period | 22 days |
| Singaporean | $150,000 |
|---|---|
| Foreigner | $150,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave |
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
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
| Annual Interest Rate | 25.90% |
|---|---|
| Principle Annual Fee | $150 |
| Supplementary Annual Fee | 0.0 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% or S$50, whichever is higher |
| Interest Free Period | 20 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $40,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Apple Pay |
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
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
| Annual Interest Rate | 25.90% |
|---|---|
| Principle Annual Fee | $180 |
| Supplementary Annual Fee | Complimentary |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% or S$20, whichever is higher |
| Interest Free Period | 20 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $60,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Samsung Pay |
1.6%
Cash Rebate on All Local Spend
S$1 = 2X Points
on Spend in Foreign Currency
S$0
Min. Spend per month
1.6%
Cash Rebate on All Local Spend
S$1 = 2X Points
on Spend in Foreign Currency
S$0
Min. Spend per month
| Annual Interest Rate | 25.90% |
|---|---|
| Principle Annual Fee | $120 |
| Supplementary Annual Fee | Complimentary |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% or S$20, whichever is higher |
| Interest Free Period | 20 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $60,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Samsung Pay |
Up to 3.33%
Cash Rebates on All Local Spend
0.3%
Cash Rebate on Overseas Spend
S$100
Cash Rebate Cap per quarter
Up to 3.33%
Cash Rebates on All Local Spend
0.3%
Cash Rebate on Overseas Spend
S$100
Cash Rebate Cap per quarter
| Annual Interest Rate | 15.00% |
|---|---|
| Principle Annual Fee | $0 |
| Supplementary Annual Fee | 0.0 |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% or S$20, whichever is higher |
| Interest Free Period | 20 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $60,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Samsung Pay, MaybankPay |
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
| Annual Interest Rate | 25.90% |
|---|---|
| Principle Annual Fee | $193 |
| Supplementary Annual Fee | 1st supplementary card free; $96.30 for subsequent cards |
| Fee Waiver | Available |
| Minimum Monthly Repayment | 3% of S$50, whichever is higher |
| Interest Free Period | 21 days |
| Singaporean | $30,000 |
|---|---|
| Foreigner | $40,000 |
| Card Association | Visa |
|---|---|
| Wireless Payment | Visa payWave, Apple Pay, Samsung Pay, Android Pay, Mighty Pay |
| Credit Card | Credit Card Promotion | Valid Till |
|---|---|---|
| Citi Cash Back Card | Get S$500 Cash via PayNow | 12 Dec 2019 |
| Standard Chartered Unlimited Cashback Credit Card | Up to S$200 Cash + Cashback | 20 Dec 2019 |
| HSBC Advance Credit Card | Samsonite T5 spinner luggage or S$150 Cash Back + S$20 Worth Grab Rides | 31 Dec 2019 |
| Citi PremierMiles Visa Card | Get S$500 Cash via PayNow | 12 Dec 2019 |
| Citibank SMRT Card | S$120 cash back when you spend S$1,200 in the first 3 months | 31 Dec 2019 |
| OCBC 90°N Card | S$50 Cash Rebate | 31 Dec 2019 |
| Maybank Horizon Visa Signature | Free American Tourister Luggage worth S$260 | Until the stocks last |
| UOB PRVI Miles Card | 10,000 Welcome Miles with S$6000 Spend | 31 Dec 2019 |
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.
Use our new KrisFlyer miles redemption calculator and find out which destinations you can travel for free on a travel class of your choice
Here are 3 common types of promotions offered by credit cards in Singapore:
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.
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.
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.
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.
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.
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.