Compare the Best Credit Cards in Singapore 2022

Looking for the best credit cards in Singapore? Compare and find your ideal card with MoneySmart’s easy-to-use credit card comparison tool. Read More
Filters

Refine Your Results

Promotions
Card Association
Reset Filter
Providers
We found 27 Credit Cards for you!
Recommended
Sponsored
Citibank logo
MoneySmart Exclusive
LUCKY DRAW | Faster Gift Redemption

Citi Cash Back+ Mastercard®

Cash Back on Eligible Spend
1.6%
Min. Spend per month
S$0
Cash Back Cap
Unlimited

Get an Apple Watch Series 7 (worth S$599) OR eCapitaVouchers (worth S$450) OR a Sony WH-1000XM5 Noise Cancelling Headphones (worth S$569) OR S$350 Cash via PayNow as soon as 6 weeks from Credit Card approval. PLUS stand a chance to win a ROLEX or PlayStation 5!!! T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
Apply Now
image
image
More Details
Citibank logo
MoneySmart Exclusive
LUCKY DRAW | Faster Gift Redemption

Citi PremierMiles Card

Local Spend
S$1 = 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 an Apple Watch Series 7 (worth S$599) OR eCapitaVouchers (worth S$450) OR a Sony WH-1000XM5 Noise Cancelling Headphones (worth S$569) OR S$350 Cash via PayNow as soon as 6 weeks from Credit Card approval. PLUS stand a chance to win a ROLEX or PlayStation 5!!! T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
Standard Chartered logo
MoneySmart Exclusive

Standard Chartered Unlimited Cashback Credit Card

Cash Back on eligible spend
Up to 1.5%
Min. Spend per month
S$0
Cash Back Cap
Unlimited

Apply and spend S$250 to get an Apple AirPods Gen 3 (worth S$269) or Lenovo Tab M10 HD (worth S$249) or S$250 Cash via PayNow. T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
Maybank logo
Online Promo
Earn up to 8% Cashback

Maybank Family & Friends Card

Cashback on Groceries, Dining & Food Delivery and Transport globally
Up to 8%
Cashback on Data Communications, Online TV Streaming, Pets and Retail globally
Up to 8%
Cash Rebate Cap per month
S$125
Online Promo:
Get Samsonite Harts 68/25 Spinner worth S$550 with Maybank Credit Cards and CreditAble^
Simply apply for a new Maybank Credit Card and CreditAble, and charge to your Credit Card and/or withdraw from your CreditAble Account a minimum of S$300 for each of the first two consecutive months upon approval. T&Cs apply.
Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
Maybank logo
Online Promo

Maybank World Mastercard

on Dining, Retail & Petrol
S$1 = 10X Points
Rewards to Miles Conversion for Selected Airline Partners
1 Point = 0.5 miles
Waived for each conversion of points to frequent flyer miles
Conversion Fee
Online Promo:
Get Samsonite Harts 68/25 Spinner worth S$550 with Maybank Credit Cards and CreditAble^
Simply apply for a new Maybank Credit Card and CreditAble, and charge to your Credit Card and/or withdraw from your CreditAble Account a minimum of S$300 for each of the first two consecutive months upon approval. T&Cs apply.
Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
Citibank logo
MoneySmart Exclusive
LUCKY DRAW | Faster Gift Redemption

Citi Prestige Card

Local Spend
S$1 = 3.25 ThankYou Points (1.3 Miles)
with minimum consecutive four-night stay at any hotel or resort
4th Hotel Night Free
Airport Lounge Access
Unlimited

Get an Apple Watch Series 7 (worth S$599) OR eCapitaVouchers (worth S$450) OR a Sony WH-1000XM5 Noise Cancelling Headphones (worth S$569) OR S$350 Cash via PayNow as soon as 6 weeks from Credit Card approval. PLUS stand a chance to win a ROLEX or PlayStation 5!!! T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
POSB logo
Online Promo
Earn Cash Rebates that Never Expire

POSB Everyday Card

Cash rebates on food delivery
Up to 10%
Cash Rebates on Utilities and Telecommunications bill payments
Up to 3%
Fuel Savings at SPC
Up to 21.8%
Online Promo:
Get S$150 cashback when you apply with promo code 150CASH and make the min. spend of S$800 within 60 days of card approval. Valid till 31 August 2022. T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
Citibank logo
MoneySmart Exclusive
LUCKY DRAW | Faster Gift Redemption

Citi Cash Back Card

Cash Back on Dining, Groceries & Petrol
Up to 8%
Cash Back Cap per category, per month
S$80
From Shell & Esso
Up to 20.88% savings

Get an Apple Watch Series 7 (worth S$599) OR eCapitaVouchers (worth S$450) OR a Sony WH-1000XM5 Noise Cancelling Headphones (worth S$569) OR S$350 Cash via PayNow as soon as 6 weeks from Credit Card approval. PLUS stand a chance to win a ROLEX or PlayStation 5!!! T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
CIMB logo
MoneySmart Exclusive

CIMB World Mastercard

Up to 2%* Unlimited Cashback on the following categories (Wine & Dine, Online Food Delivery, Movies & Digital Entertainment, Taxi & Automobile, Luxury Goods)
Up to 2%*
Min. spend per month
S$0
Cash Rebate cap
Unlimited

Sign up for a CIMB Credit Card and spend up to S$988 to receive a free an Apple AirPods (3rd Generation) (worth S$269) or Lenovo Tab M10 HD (2nd Gen)(worth S$249) or $250 Cash via PayNow. T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
DBS logo
Online Promo
Online Shopping

DBS Woman's Card

Online Spend
S$5 = 5 Points
Agoda Staycation
S$ = 5 Points
Min. Spend
S$0
Online Promo:
Get S$150 cashback when you apply with promo code 150CASH and make the min. spend of S$800 within 60 days of card approval. Valid till 31 August 2022. T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
DBS logo
Online Promo

DBS Woman's World Card

Online Spend
S$5 = 10 Points
Base Earn Rate
S$5= 1 Point
Min. Spend
S$0
Online Promo:
Get S$150 cashback when you apply with promo code 150CASH and make the min. spend of S$800 within 60 days of card approval. Valid till 31 August 2022. T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
Citibank logo
MoneySmart Exclusive
LUCKY DRAW | Faster Gift Redemption

Citi Rewards Card

Online Spend, including Food Delivery and Groceries
S$1= 10X Points
Grab and Gojek
S$1= 10X Points
All Other Spend
S$1 = 1 Point

Get an Apple Watch Series 7 (worth S$599) OR eCapitaVouchers (worth S$450) OR a Sony WH-1000XM5 Noise Cancelling Headphones (worth S$569) OR S$350 Cash via PayNow as soon as 6 weeks from Credit Card approval. PLUS stand a chance to win a ROLEX or PlayStation 5!!! T&Cs apply.

Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
Maybank logo
Online Promo

Maybank DUO Platinum Mastercard

Cash Rebate on petrol spend in Singapore and Malaysia
5%
Cash Rebate on foreign currency spend
1.5%
Cash Rebate cap
Unlimited
Online Promo:
Get Samsonite Harts 68/25 Spinner worth S$550 with Maybank Credit Cards and CreditAble^
Simply apply for a new Maybank Credit Card and CreditAble, and charge to your Credit Card and/or withdraw from your CreditAble Account a minimum of S$300 for each of the first two consecutive months upon approval. T&Cs apply.
Valid until 31 Aug 2022 - See more details below
Apply Now
More Details
UOB logo

UOB Lady's Card

Base Earn Rate
S$5 = 1 Point
Category of Choice
S$5 = 10 Points
Min. Spend
S$0
Apply Now
More Details
UOB logo

UOB PRVI MASTERCARD Miles Card

Local Spend
S$1 = 1.4 Miles
Overseas Spend
S$1 = 2.4 Miles
Selected Online Hotel and Flight bookings
S$1 = 6 Miles
Apply Now
More Details
UOB logo
Earn Miles on Everyday Spending

KrisFlyer UOB Credit Card

on Singapore Airlines, SilkAir, Scoot and KrisShop
S$1 = 3 Miles
on dining, food delivery, online shopping and travel, and transport spend
S$1 = 3 Miles
on all other spend
S$1 = 1.2 Miles
Apply Now
More Details
ICBC logo

ICBC Chinese Zodiac Credit Card

Cash Back on All Spend
1.6%
Spend per month
S$0
Cash Back Cap
Unlimited
Read More
More Details
Bank of China logo

BOC Elite Miles World Mastercard®

Local Spend
S$1 = 1 Mile
Overseas Spend
S$1 = 2 Miles
Rewards to Miles Conversion
1 Point = 0.33 Miles
Read More
More Details
Bank of China logo

Bank of China Qoo10 World Mastercard®

Rebate on Public Transport
Up to 15%
Rebate on Qoo10 spend
Up to 10%
Rebate on Online and more
Up to 3%
Read More
More Details
ICBC logo

ICBC Global Travel MasterCard Credit Card

Cash Back on Local Spend
1.5%
Cash Back on Overseas Spend
3%
Annual Fee Waiver
3 years
Read More
More Details

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.

Best Credit Card in Singapore 2022

Credit CardBest ForReward Type
Citi Cash Back CardSavings on dining, grocery and grab spendingsCashback
Citi PremierMiles CardEarning bonus miles that do not expireMiles
American Express Singapore Airlines KrisFlyer Credit CardConvenience and perks for frequent flyersMiles
Standard Chartered Unlimited Cashback Credit CardUnlimited cashback with Ez-link capabilitiesCashback
UOB One CardCard and Savings Account BundleCashback
DBS Live Fresh CardHighest cashback on any contactless paymentCashback
HSBC Advance Credit CardNewlyweds and married couplesCashback
American Express The Platinum Card®High Net-worth IndividualsReward Points
UOB EVOL Credit CardDining and EntertainmentCashback
Standard Chartered Smart Credit CardNetflix, Spotify, fast food dining and public transportCashback

Compare Credit Cards for Everyday Use

When comparing the best credit cards for rewards, it is often a good choice to combine multiple credit cards each specializing in a particular spending type or card feature that best suits your lifestyle. Avoid paring Miles credit cards with Cashback credit cards since these reward types are incompatible. Points credit cards, on the other hand, are more flexible as they can be used to either get cash rebates on specific merchants or convert points into miles to redeem free flight tickets.

Air Miles

Miles Credit Cards

  1. Citi PremierMiles Card: Use for online hotel and flight bookings
  2. UOB PRVI Miles Card: Use for general local spend
  3. American Express Singapore Airlines KrisFlyer Card: Use for earning KrisFlyer miles

Cashback

Cashback Credit Cards

  1. Citi Cash Back Card: Use for grocery shopping worldwide
  2. UOB One Card: Use for pumping petrol at SPC and Shell
  3. OCBC 365 Credit Card: Use for spending on everyday dining

Reward Points

Reward Points Credit Cards

  1. Citi Rewards Card: Use for retail shopping to earn extra miles
  2. American Express CapitaCard: Use for shopping at CapitaLand Malls to earn cash rebates
  3. DBS Woman's World Card: Use for free gym memberships

Which Credit Card is the Best in Singapore?

With so many credit cards in Singapore to choose from, it can be difficult to narrow down the best credit cards to suit your lifestyle. Unfortunately, there’s no single best credit card in Singapore. You’ll have to choose the best one for you. Here’s how:

Find a card that fits your spending habits

Think about your current lifestyle and spending habits. What are the things you spend the most money on? For example, if you’re a real foodie and love checking out new restaurants around town, then it makes sense to get a card with rewards points for dining out and useful perks like 1-for-1 buffet promotions.

Plan how to use your credit card benefits

Credit cards come with a whole bunch of benefits, so think about which benefits you actually want to use. Do you want to collect air miles and fund your upcoming travels? Or accumulate points for shopping vouchers? Or would you rather enjoy cash rebates? This is a deeply personal matter - only you can decide how you prefer to be rewarded.

Check the Terms & Conditions

Now that you’ve got a shortlist of credit cards, it’s time to dig deeper into the details of the rewards or air miles programmes. Find out all you can about terms and conditions like expiry dates, exclusions, minimum spend, credit limit, etc. Be sure to ask a bank rep to clarify if you don’t see answers anywhere.

Visa Card vs Mastercard vs American Express

At some point in your life, you’ll probably wonder if there’s a difference between a Visa card and Mastercard (and maybe American Express). Visa, Mastercard and Amex are the 3 big global payment networks. This means they handle all the technical back-end stuff that makes it possible to pay with your credit card anywhere in the world. Visa and Mastercard are extremely widely accepted worldwide, both online and offline. Both payment networks are easy and secure to use. Visa has a slight edge in terms of acceptance, but really, you’ll be fine with either. American Express is a bit less widely accepted globally. It’s in 140 countries compared to Visa and Mastercard’s 200+. However, many people still love using Amex because they have an excellent reputation for customer care. Whichever payment network you choose, you can get a credit card from a bank like DBS or UOB. Note that American Express also issues its own credit cards, even though it’s not a bank.

Annual Fees are NOT the Only Credit Card Fee!

Annual fees aren’t the only type of credit card charges you might be paying. Many of these other common fees will impact the benefits you earn, so be mindful of them and actively monitor your spend.

Foreign Transaction Fees

This is a fee imposed on overseas spending - whether it’s while you’re traveling or even when making an online purchase on a foreign website. This is usually 2.5% to 3% on top of the prevailing foreign exchange rate.

Cash Advance Fees

Some credit cards allow you to withdraw cash from ATMs, using your credit line. Be prepared to fork out up to 6% of the transaction amount, plus 2%+ daily charges on unpaid withdrawn balance.

Balance Transfer Fees

Charged when you move a balance from one card to another, usually 2% to 4% of the amount transferred.

Minimum Balance Payment for Credit Cards

Is paying the minimum balance bad?

Because credit cards are effectively short-term loans, you are meant to pay off your bills in full every month. If you make only the minimum payment each month, you may accrue huge additional costs on top of your bill due to the credit card’s interest rate (typically 24%+)!

Does paying only minimum balance affect credit score?

Yes, If you plan to apply for any kind of credit or loan (such as a housing loan or car loan) in the future, be aware that any “bad behaviour” with your credit card can come back to haunt you in the form of a bad credit score.

Frequently Asked Questions

How do credit cards work?

A credit card is basically a way to borrow money from a bank to make purchases. Unlike a bank loan, a credit card “loans” money in smaller amounts and on a short-term basis, requiring you to pay the bank back monthly (or be subject to unpleasant penalties and interest fees). The biggest payment networks are MasterCard, VISA and American Express, but do note that merchants may not accept all types.

How do I apply for a credit card?

Simply fill out an application online or at a bank branch and submit the required documents such as proof of income. After approval, the bank will inform you about how much you are allowed to borrow and mail you your new credit card. You’ll need to activate the credit card as well as sign on the back.

What’s the difference between debit cards and credit cards?

Unlike credit cards, debit cards do not involve any borrowing. They are linked to your bank account, so purchases made on your debit card are paid for by deducting straight from your funds. You must have sufficient funds on hand to use your debit card. If you have a credit card, you can borrow the money for the time being and pay it back later.

How to prevent credit card fraud?

There’s no sure-fire way to prevent credit card fraud, so unfortunately holding a credit card also means being vigilant about making sure it doesn’t end up in the wrong hands. Make use of credit card alerts, monitor your transactions closely, be wary of phishing scams and don’t make it easy for others to get hold of your credit card information.

What should I do with my credit card statement?

It might not be the most fun thing to read, but it IS super important to understand your credit card statement. So don’t throw it away without checking it. Of course, after reading the statement you will have to pay your bill – typically through online banking, though some people use ATMs, SAMs, AXS machines or go to the bank in person.

What if I only make the minimum payment on my bill?

Because credit cards are effectively short-term loans, you are meant to pay off your bills in full every month. If you make only the minimum payment each month, you may accrue huge additional costs on top of your bill due to the credit card’s interest rate (typically 24%+)