Compare the Best Credit Cards in Singapore 2024

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
We found 19 Credit Cards for you!
Sponsored
Citibank logo
MoneySmart Exclusive
FASTER REWARDS REDEMPTION | SONY PS5 FLASH DEAL
Cash Back on Eligible Spend
1.6%
Min. Spend per month
S$0
Cash Back Cap per month
Unlimited

[FLASH DEAL: WIN A SONY PS5]
Stand a chance to win a Sony PlayStation®5 SLIM Digital Edition (CFI-2018B01) (worth S$669) on top of your baseline gifts when you are one of 3 successful claims at 2pm & 9pm daily!
 
Unlock Exclusive Rewards
The rest can still earn 5,040 SmartPoints or S$300 cash when you apply and meet the minimum spend within 30 days from card approval date. T&Cs apply.
 
Why Choose SmartPoints?
Enjoy the ultimate flexibility to redeem ANY gift at our Rewards Store.
Short on points? Simply pay the difference with cash, and grab your desired gift today!

Valid until 26 Feb 2024 - See more details below
Promotion ends in
Apply Now
Standard Chartered logo
MoneySmart Exclusive
1.5% UNLIMITED CASHBACK
Cash Back on Eligible spend
Up to 1.5%
Min. Spend per month
S$0
Cash Back Cap per month
Unlimited

Unlock Exclusive Rewards
Earn 4,500 SmartPoints or up to S$350 cash* when you apply and meet the minimum spend within 1 month from card approval date. T&Cs apply.
 
Why Choose SmartPoints? 
Enjoy the ultimate flexibility to redeem ANY gift at our Rewards Store.
Short on points? Simply pay the difference with cash, and grab your desired gift today!

Valid until 29 Feb 2024 - See more details below
Apply Now
HSBC logo
MoneySmart Exclusive
HSBC GIVEAWAY: UP TO S$338 CASH
on Online Spend and Contactless Payments
S$1 = 10X Points
on All Other Spend
S$1 = 1X Point
for every 10 Points
Earn 4 Miles

[FLASH DEAL: WIN UP TO S$338 CASH!]
Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or S$300 GrabGifts Vouchers or S$250 Cash via PayNow when you apply for an eligible HSBC credit card and spend a min. of S$500 from Card Account Opening Date to the end of the following calendar month.
 
PLUS stand a chance to win an S$88 Cash Bonus on top of your baseline gift, when you meet the giveaway criteria! T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
UOB logo
MoneySmart Exclusive
Get up to 15% Cashback | S$50 CASH BONUS
Cashback on McDonald's, DFI Retail Group, Grab, Shopee, SP and more
Up to 10%
Cashback Cap per quarter
S$500
Min. Spend per month
S$500

[FLASH DEAL: S$50 Cash Bonus]
Secure an extra S$50 Cash via PayNow on top of the online promotion by being one of the first 100 successful claims to apply through MoneySmart! T&Cs apply.
 
PLUS get up to 15% Cashback and S$350 Grab Vouchers from UOB when you successfully apply for an eligible UOB Credit Card and spend a min. of S$1,000 for 2 consecutive months from card approval date. T&Cs apply!

Valid until 29 Feb 2024 - See more details below
Apply Now
Citibank logo
MoneySmart Exclusive
FASTER REWARDS REDEMPTION | SONY PS5 FLASH DEAL
Local Spend
S$1 = 1.2 Miles
All Foreign Currency Spend including Retail and Online
S$1 = Up to 2 Miles
Selected Online Hotel Bookings
S$1 = Up to 10 Miles

[FLASH DEAL: WIN A SONY PS5]
Stand a chance to win a Sony PlayStation®5 SLIM Digital Edition (CFI-2018B01) (worth S$669) on top of your baseline gifts when you are one of 3 successful claims at 2pm & 9pm daily!
 
Unlock Exclusive Rewards
The rest can still earn 5,100 SmartPoints or S$300 cash when you apply and meet the minimum spend within 30 days from card approval date. T&Cs apply.
 
Why Choose SmartPoints?
Enjoy the ultimate flexibility to redeem ANY gift at our Rewards Store.
Short on points? Simply pay the difference with cash, and grab your desired gift today!

Valid until 26 Feb 2024 - See more details below
Apply Now
HSBC logo
MoneySmart Exclusive
HSBC GIVEAWAY: UP TO S$338 CASH
on Local Spend
S$1 = 1.2 miles
on Foreign Currency Spend
S$1 = 2.4 Miles
Travel Insurance coverage, Airport Lounge visits
Complimentary

[FLASH DEAL: WIN UP TO S$338 CASH!]
Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or S$300 GrabGifts Vouchers or S$250 Cash via PayNow when you apply for an eligible HSBC credit card and spend a min. of S$500 from Card Account Opening Date to the end of the following calendar month.
 
PLUS stand a chance to win an S$88 Cash Bonus on top of your baseline gift, when you meet the giveaway criteria! T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
CIMB logo
MoneySmart Exclusive
Unlimited 2% Cashback
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 to qualify for 2% Unlimited Cashback
S$1,000
Cash Rebate cap
Unlimited

Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or a Sony WF-1000XM5 Wireless Noise Cancelling Headphones (worth S$429) or S$280 Cash via PayNow when you apply and spend a min of S$988. T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
Standard Chartered logo
MoneySmart Exclusive
Annual Fee Waived
for every S$1 spend on Transportation, Food Delivery & Online Grocery merchants. Capped at 3,000 Miles in a statement cycle
S$1 = 3 Miles
for all Eligible Foreign Spends
S$1 = 2 Miles
for all Eligible Local Spends
S$1 = 1.2 Miles
Earn up to 25,000 Miles when you meet the eligible spends AND have your first year Annual Fee waived when you sign up for the Journey Credit Card. T&Cs apply.

OR, earn up to 45,000 Miles when you meet the eligible spends and pay your card's first year Annual Fee when you sign up. Click here to apply.
Valid until 31 Mar 2024 - See more details below
Apply Now
HSBC logo
MoneySmart Exclusive
HSBC GIVEAWAY: UP TO S$338 CASH
Cash Back on Dining, Groceries, Petrol
5%
Cash Rebate Cap per quarter
S$250
Min. spend monthly in a calendar quarter
S$600

[FLASH DEAL: WIN UP TO S$338 CASH!]
Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or S$300 GrabGifts Vouchers or S$250 Cash via PayNow when you apply for an eligible HSBC credit card and spend a min. of S$500 from Card Account Opening Date to the end of the following calendar month.
 
PLUS stand a chance to win an S$88 Cash Bonus on top of your baseline gift, when you meet the giveaway criteria! T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
Citibank logo
MoneySmart Exclusive
FASTER REWARDS REDEMPTION | SONY PS5 FLASH DEAL
Cash Back on Dining, Groceries & Petrol
Up to 8%
Total Cash Back Cap, per month
S$80
at Shell & Esso
Up to 20.88% savings

[FLASH DEAL: WIN A SONY PS5]
Stand a chance to win a Sony PlayStation®5 SLIM Digital Edition (CFI-2018B01) (worth S$669) on top of your baseline gifts when you are one of 3 successful claims at 2pm & 9pm daily!
 
Unlock Exclusive Rewards
The rest can still earn 5,040 SmartPoints or S$300 cash when you apply and meet the minimum spend within 30 days from card approval date. T&Cs apply.
 
Why Choose SmartPoints?
Enjoy the ultimate flexibility to redeem ANY gift at our Rewards Store.
Short on points? Simply pay the difference with cash, and grab your desired gift today!

Valid until 26 Feb 2024 - See more details below
Apply Now
American Express logo
MoneySmart Exclusive
Unlimited Cashback
Welcome Bonus (on all eligible purchases, up to S$5,000 spend in the first 6 months)
3.0% Cashback
on all eligible purchases
1.5% Cashback
Cash Back Cap
Unlimited

Get S$150 Cash via PayNow when you apply for an American Express True Cashback Card and spend a min. of S$500 in Qualifying Spends within the first month of card approval! T&Cs apply.

Valid until 28 Feb 2024 - See more details below
Apply Now
HSBC logo
MoneySmart Exclusive
HSBC GIVEAWAY: UP TO S$338 CASH
Base Cashback
1.5%
Cashback when you spend more than S$2,000
2.5%
Bonus Cashback with HSBC Everyday+
1%

[FLASH DEAL: WIN UP TO S$338 CASH!]
Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or S$300 GrabGifts Vouchers or S$250 Cash via PayNow when you apply for an eligible HSBC credit card and spend a min. of S$500 from Card Account Opening Date to the end of the following calendar month.
 
PLUS stand a chance to win an S$88 Cash Bonus on top of your baseline gift, when you meet the giveaway criteria! T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
Standard Chartered logo
MoneySmart Exclusive
EARN SMARTPOINTS | Up to 6% Cashback
Cashback from Netflix, Spotify, fast food joints and more. *T&Cs apply.
6%*
Annual Fee
S$0
Minimum Spend
S$0

Earn up to 1,890 SmartPoints or up to S$250 cash* when you apply, and spend a minimum of S$200 in "Qualifying Spends" within 30 days from card approval date, followed by another S$1,000 in "Qualifying Spends" within the following 30 calendar days.

Customers who choose SmartPoints will be free to choose ANY gift of choice at our Rewards Store. Enjoy ultimate flexibility today! T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
Standard Chartered logo
MoneySmart Exclusive
EARN SMARTPOINTS | Earn up to 10X Rewards Points
on Foreign Currency Spend
S$1= 10X Points
on Local Dining Spend
S$1= 5X Points
on All Other Spend
S$1= 1X Point

Earn up to 1,890 SmartPoints or up to S$250 cash* when you apply, and spend a minimum of S$200 in "Qualifying Spends" within 30 days from card approval date, followed by another S$1,000 in "Qualifying Spends" within the following 30 calendar days.

Customers who choose SmartPoints will be free to choose ANY gift of choice at our Rewards Store. Enjoy ultimate flexibility today! T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
CIMB logo
MoneySmart Exclusive
Up to 10% Cashback
Cash Back on Beauty & Wellness, Online Shopping, Groceries
10%
Min. spend per month
S$800
Cash Back Cap per month
S$100

Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or a Sony WF-1000XM5 Wireless Noise Cancelling Headphones (worth S$429) or S$280 Cash via PayNow when you apply and spend a min of S$988. T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
Citibank logo
MoneySmart Exclusive
FASTER REWARDS REDEMPTION | SONY PS5 FLASH DEAL
on Online & Shopping Purchases
S$1= 10X Points
for all other purchases
S$1= 1X Point
Rewards Conversion
10X Points = 4 Miles

[FLASH DEAL: WIN A SONY PS5]
Stand a chance to win a Sony PlayStation®5 SLIM Digital Edition (CFI-2018B01) (worth S$669) on top of your baseline gifts when you are one of 3 successful claims at 2pm & 9pm daily!
 
Unlock Exclusive Rewards
The rest can still earn 5,100 SmartPoints or S$300 cash when you apply and meet the minimum spend within 30 days from card approval date. T&Cs apply.
 
Why Choose SmartPoints?
Enjoy the ultimate flexibility to redeem ANY gift at our Rewards Store.
Short on points? Simply pay the difference with cash, and grab your desired gift today!

Valid until 26 Feb 2024 - See more details below
Apply Now
CIMB logo
MoneySmart Exclusive
Unlimited 2% Cashback
Unlimited cashback on Travel, Overseas & Online Spend in Foreign Currency
2%
Min. spend per month
S$2,000
Cash Rebate cap
Unlimited

Get a Hinomi Q1 Ergonomic Chair (worth S$499) or a Samsung 27-inch Smart Monitor M5 (worth S$432) or a Sony WF-1000XM5 Wireless Noise Cancelling Headphones (worth S$429) or S$280 Cash via PayNow when you apply and spend a min of S$988. T&Cs apply.

Valid until 29 Feb 2024 - See more details below
Apply Now
Trust Bank logo
savings on groceries and food
Up to 21%
petrol savings (on Caltex and Esso)
Up to 20%
FX Fees
0%
Read More
Standard Chartered logo
MoneySmart Exclusive
Up to 45k Miles Offer
for every S$1 spend on Transportation, Food Delivery & Online Grocery merchants. Capped at 3,000 Miles in a statement cycle
S$1 = 3 Miles
for all Eligible Foreign Spends
S$1 = 2 Miles
for all Eligible Local Spends
S$1 = 1.2 Miles
Earn up to 45,000 Miles when you sign up for the Journey Credit Card, meet the eligible spends and pay your card's first year Annual Fee. T&Cs apply.

OR, earn up to 25,000 Miles when you meet the eligible spends AND have your first year Annual Fee waived when you sign up. Click here to apply.
Valid until 31 Mar 2024 - See more details below
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.

Best Credit Card in Singapore 2024

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 Ascend Credit CardConvenience and perks for frequent flyersMiles
Standard Chartered Simply Cash 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

With SmartRewards, you can earn SmartPoints and choose any gift from our Rewards store.

What you can get using Smartpoints

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. Standard Chartered Simply Cash Credit Card : Use for unlimited cashback
  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

The Ultimate List of Credit Card Reviews in Singapore

Delve into the intricacies of credit card offerings, dissecting features, fees, rewards, and everything in between. We’ve done the dirty work so you don’t have to.

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.

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.

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. Make use of the ongoing credit card promotions to enjoy the full benefits of the card rewards on top of the promotion offer.

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.

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.

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%+)

What are the hidden credit cards benefits?

Did you know? Credit cards benefits include travel insurance coverage and rental car insurance and many other perks such as access to airport lounges however these benefits can vary depending on the credit card issuer and card type. If you are looking for the best car insurance quotes, our specialists will find it for you!

What are SmartPoints?

SmartPoints is MoneySmart’s reward currency. Earn SmartPoints when you apply for financial products through MoneySmart or when you complete actions on MoneySmart. SmartPoints will be credited to your wallet where eligible. You can then use the SmartPoints in your wallet to redeem gifts from the Rewards Store or even convert them to cash.

What can I use SmartPoints for?

SmartPoints can be used to redeem gifts from the Rewards Store or even convert them to cash.