Compare the Latest Credit Card Promotions in Singapore 2020

Sign up and get cash rebates, shopping vouchers or free luggage with these credit card promotions in Singapore. Read More
We found 41 Credit Cards for you!
Sponsored
Standard Chartered logo
MoneySmart Exclusive
Unlimited Cashback
Cash Back on eligible spend
Up to 1.5%
Min. Spend per month
S$0
Cash Back Cap
Unlimited
Get a Sony WF-1000XM3 Wireless Noise Cancelling Earbuds (worth S$349) delivered to your doorstep or $200 Cash via PayNow when you apply and spend on your card!
Valid until 06 Dec 2020 - See more details below
Apply Now
Citibank logo
MoneySmart Exclusive
No Expiry on Cash Back Earned
Cash Back on Eligible Spend
1.6%
Min. Spend per month
S$0
Cash Back Cap
Unlimited
Get $350 Cash via PayNow when you apply and spend on your card! 
Valid until 06 Dec 2020 - See more details below
Apply Now
Citibank logo
MoneySmart Exclusive
Earn Points for Online Spending
on Online Spend*
S$1= 10X Points
on Shopping Spend
S$1= 10X Points
on All Other Spend
S$1 = 1 Point
Get $350 Cash via PayNow when you apply and spend on your card! 
Valid until 06 Dec 2020 - See more details below
Apply Now
Standard Chartered logo
MoneySmart Exclusive
Earn Points on Dining & Travel
Cash Back for New-to-Bank customers
S$100
on Local Dining Spend
S$1= 5X Points
on Foreign Currency Spend
S$1= 10X Points
Get a Sony WF-1000XM3 Wireless Noise Cancelling Earbuds (worth S$349) delivered to your doorstep or $200 Cash via PayNow when you apply and spend on your card!
Valid until 06 Dec 2020 - See more details below
Apply Now
HSBC logo
Online Promo
Earn Points for Everyday Spending
Rewards
S$1= 4 Miles
Rewards
S$1= 4 Miles
Min. Spend
S$0
Online Promo:
Get a Samsonite Prestige 69cm Spinner Exp (worth S$670) OR S$150 Cashback from HSBC with min. spend of $800 in first month of card approval + S$30 worth of Lazada vouchers!
Valid until 31 Dec 2020 - See more details below
Apply Now
POSB logo
Earn Cash Rebates that Never Expire
Cash Rebates on groceries and online food delivery
Up to 8%
Cash Rebates on SPC, Sheng Siong and Watsons
Up to 6%
Cash Rebate on selected Electricity/Telco bills
1%
Apply Now
American Express logo
Online Promo
Unlimited Cashback
with min spend of S$5,000
S$150 cash back
Welcome Offer (min spend of S$5,000 in 6months)
3.0% Cashback
Overseas Spend
2.50% Cashback
Online Promo:
Get $120 Vouchers from Amex on top of their BAU acquisition offers when you apply and spend on your card!
Valid until 14 Dec 2020 - See more details below
Apply Now
UOB logo
Rebate on Shopee, Dairy Farm Group, Grab, SP and more
Up to 10%
Rebate Cap per quarter
S$300
Min. Spend per month, per quarter
S$2,000
Apply Now
American Express logo
Online Promo
Convenience & Perks for Frequent Flyers
Local Spend
S$1 = 1.1 Miles
Overseas Spend
S$1 = 2 Miles
Grab rides
S$1 = 3.1 Miles
Online Promo:
Get $120 Vouchers from Amex on top of their BAU acquisition offers when you apply and spend on your card!
Valid until 14 Dec 2020 - See more details below
Apply Now
Citibank logo
MoneySmart Exclusive
Earn Miles That Don't Expire - Annual Fee Applies
Local Spend
S$1 = Up to 1.2 Miles
All Foreign Currency Spend including Retail and Online
S$1 = 2 Miles
Selected Online Hotel Bookings
S$1 = Up to 10 Miles
Get $350 Cash via PayNow when you apply and spend on your card! 
Valid until 06 Dec 2020 - See more details below
Apply Now
OCBC logo
Cash Back on Online Spend
6%
Cash Back Cap per month
S$75
Min. Total Spend per month
S$600
Apply Now
American Express logo
Online Promo
at participating Platinum EXTRA Partners
S$1.60 = 10X Points
on All Other Spend
S$1.60 = 2X Points
Rewards to Miles Conversion
1 Point = 0.55 Miles
Online Promo:
Get $120 Vouchers from Amex on top of their BAU acquisition offers when you apply and spend on your card!
Valid until 14 Dec 2020 - See more details below
Apply Now
Standard Chartered logo
Frequent Travellers
on Local Spend
S$1 = 1.2 Miles
on Overseas Spend
S$1 = 2 Miles
Promotional Gift
30,000 Miles
Apply Now
OCBC logo
Earn Miles That Don't Expire
Cash Back on Eligible Spend
1.2%
on Overseas spend
S$1 = 2.1 Miles
on Local spend
S$1 = 1.2 Miles
Apply Now
HSBC logo
Online Promo
Cashback for Family Spending
Cash Back on Dining, Groceries, Petrol
5%
Cash Back Cap per quarter
S$250
Min. Spend per month, per quarter
S$600
Online Promo:
Get a Samsonite Prestige 69cm Spinner Exp (worth S$670) OR S$150 Cashback from HSBC with min. spend of $800 in first month of card approval + S$30 worth of Lazada vouchers!
Valid until 31 Dec 2020 - See more details below
Apply Now
Maybank logo
Online Promo
on Dining, Petrol, Taxi and Hotel Bookings at Agoda
S$1 = 8X Points
on Air Tickets, Travel Packages and Foreign Currency Spend
S$1 = 5X Points
Rewards to Miles Conversion for Selected Airline Partners
1 Point = 0.5 miles
Online Promo:
Get S$100 Cash Credit with Maybank Credit Cards and CreditAble!
Valid until 31 Dec 2020 - See more details below
Apply Now
Maybank logo
Online Promo
Cash Rebate on All Local Spend
1.6%
on Spend in Foreign Currency
S$1 = 2X Points
Min. Spend per month
S$0
Online Promo:
Get S$100 Cash Credit with Maybank Credit Cards and CreditAble!
Valid until 31 Dec 2020 - See more details below
Apply Now
Maybank logo
Online Promo
Cash Rebates on All Local Spend
Up to 3.33%
Cash Rebate on Overseas Spend
0.3%
Cash Rebate Cap per quarter
S$100
Online Promo:
Get S$100 Cash Credit with Maybank Credit Cards and CreditAble!
Valid until 31 Dec 2020 - See more details below
Apply Now
OCBC logo
High Spend on Dining
Cashback on Everyday Dining (Including Local, Overseas and Online Food Delivery)
6%
Cashback Cap per month
S$80
Min. Spend per month
S$800
Apply Now
DBS logo
Earn Miles That Never Expire
Local Spend
S$1 = 1.2 Miles
Overseas Spend
S$1 = 2 Miles
Staycation bookings
S$1 = 10 Miles
Apply Now

Disclaimer: At MoneySmart.sg, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.

Credit Card Promotions Singapore

Credit Card Credit Card Promotion Valid Till
Citi Cash Back Card Sony WH-1000XM4 Wireless Noise-Cancelling Headphones (worth S$549) or $350 Cash via PayNow 22 Nov 2020
Citi Cash Back+ Mastercard® Sony WH-1000XM4 Wireless Noise-Cancelling Headphones (worth S$549) or $350 Cash via PayNow 22 Nov 2020
Citi Rewards Card Sony WH-1000XM4 Wireless Noise-Cancelling Headphones (worth S$549) or $350 Cash via PayNow 22 Nov 2020
Citi PremierMiles Card - New Customer (45,000 Welcome Miles) Sony WH-1000XM4 Wireless Noise-Cancelling Headphones (worth S$549) or $350 Cash via PayNow 22 Nov 2020
Standard Chartered Unlimited Cashback Credit Card $200 Cash via PayNow or $250 Zalora Store Credits 30 Nov 2020
Standard Chartered Rewards+ Credit Card $200 Cash via PayNow or $250 Zalora Store Credits 30 Nov 2020
HSBC Revolution Credit Card $150 Zalora Store Credits30 Nov 2020

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 or Grab vouchers to blow, or a new Apple AirPods to flaunt.

Unlike with rewards or miles credit cards, such introductory promotions or deals 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. Increasingly so, these credit card promotions are becoming a trend and customers look forward to grabbing such great deals.

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 earphones, 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 credit card has the best sign-up bonus?

Credit cards with best sign-up bonuses tend to vary from time to time depending on which banks or financial institutions are offering what products during that period. Here are some of the best sign-up bonuses on offer for November 2020 with MoneySmart - S$300 Cash via PayNow & chance to win Grand Prizes Daily (Citi Cash Back Card, Citi Cash Back+ Mastercard®, Citi Rewards Card, Citi PremierMiles Card), Apple AirPods 2nd Gen & chance to win Grand Prizes Daily (Standard Chartered Unlimited Cashback Credit Card, Standard Chartered Rewards+ Credit Card).

Which credit card in Singapore is the best?

There are a lot of Credit Cards in Singapore and the key question to answer here is which credit card is best for YOU! The best credit card is the one that suits your lifestyle and spending habits and not necessarily the one that offers the most deals/rewards. If ‘Travel’ is your lifestyle, Citi Premier Miles Visa Card or American Express Singapore Airlines KrisFlyer Credit Card are the best cards in the market. If ‘Dining & Entertainment’ is what you spend on UOB YOLO Credit Card will suit you the best. However if you spend on ‘Dining, Groceries & Grab’ Citi Cash Back Card will be the best for you in Singapore.

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.

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.