Compare the Best Cashback Credit Cards in Singapore 2024

Compare all cashback credit cards to see which one gives you the highest cash back based on your spending habits. Read More
We found 36 Credit Cards for you!
Sponsored
Standard Chartered Simply Cash Credit Card
MoneySmart Exclusive
2% UPSIZED CASHBACK | EXCLUSIVE TO MONEYSMART ONLY
Promotion ends in
Cash Back on Eligible spend
Up to 2%*
Min. Spend per month
S$0
Cash Back Cap per month
Unlimited

[UPSIZED 2% CASHBACK EXCLUSIVE TO MONEYSMART ONLY]
Get S$370 Cash via PayNow or earn 5,040 SmartPoints when you apply and spend a min. of S$500 in eligible transactions within 30 days from card approval date! T&Cs applyUse SmartPoints to redeem your favourite product from our Rewards Store today.
    
For a limited time, earn UPSIZED UNLIMITED 2% CASHBACK on your purchases charged to your credit card when you spend above S$500! Only for MoneySmart applicants! 

Valid until 15 Oct 2024 - See more details below
Apply Now
Citi Cash Back+ Card
MoneySmart Exclusive
EVERDESK LITE FLASH DEAL | EXCLUSIVE TO CITI ONLY
Promotion ends in
Cash Back on Eligible Spend
1.6%
Min. Spend per month
S$0
Cash Back Cap
Unlimited

Enjoy an upsized 6,140 SmartPoints or S$300 Cash via PayNow, when you meet the spend criteria. T&Cs apply
 
PLUS stand a chance to win:

 
Use 6,140 SmartPoints to redeem any product on our Rewards Store, including 15,000 KrisFlyer miles (redeemable for a one-way Economy Class Saver ticket to Bangkok on Singapore Airlines). Alternatively, purchase additional SmartPoints using cash, to redeem upsized rewards as well.

Valid until 15 Oct 2024 - See more details below
Apply Now
HSBC Live+ Card
MoneySmart Exclusive
Up to 8% Cashback
Promotion ends in
on Dining, Shopping and Entertainment
8% Cashback*
on fuel at Caltex and Shell gas stations in Singapore
5% Cashback*
on All Other Spends
0.3% Cashback*

Get S$180 Cash via PayNow or 2,990 SmartPoints when you apply and spend a min. of S$500 from Card Account Opening Date to end of the following calendar month. T&Cs apply.
   
Use 2,990 SmartPoints to redeem your favourite product from our Rewards Store today. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple iPad Wi‑Fi 64GB (9th Generation) at only S$210 on top of your earned SmartPoints.

Valid until 15 Oct 2024 - See more details below
Apply Now
Maybank Family & Friends Card
MoneySmart Exclusive
Earn up to 8% Cashback
globally on 5 preferred cashback categories
Up to 8% Cashback
on Malaysian Ringgit and Indonesia Rupiah spend
Up to 8% Cashback
Cashback Per Month
Up to S$150

[EXCLUSIVE ADDITIONAL GIFTS FOR MONEYSMART APPLICANTS]
Get S$30 Changi Rewards Flexi e-Voucher +S$20 iShopChangi voucher (worth S$50) when are the first 500 approved applicants to apply & spend a min. of S$1,300 within 2 months from card approval date!
 
The rest will receive a S$20 iShopChangi voucher! T&Cs apply.
 
PLUS get S$200 Cashback or a Samsonite ENOW SPINNER 69/25 Luggage (worth S$570) from Maybank when you meet the spend criteria! T&Cs apply.

Valid until 15 Nov 2024 - See more details below
Apply Now
UOB One Card
Online Promo
UPSIZED CASHBACK | Up to 20% Cashback!
Cashback on McDonald's, DFI Retail Group, Grab, Shopee, SP and more
Up to 20%
Cashback Cap per quarter
Up to S$500
Min. Spend per month
S$500
Online Promo:

New-to-UOB credit card customers can receive an AirPods Pro and AirTag (2 units) worth S$439 when you spend a min. of S$1,000 on the card in the first 30 days from the card’s approval date and pay the annual fee for the card’s 1st year membership. SMS registration to participate in this promotion required. T&Cs apply.

OR get S$350 Cash Credit when you are the first 200 new-to-UOB customers to apply and spend a min. of S$1,000 per month for 2 consecutive months from their card approval date. SMS registration required. 

• Enjoy up to 20% Cashback at DFI Retail Group, Grab, McDonald's, Shopee and SimplyGo when you apply from 1 Sept to 31 Dec 2024. Other T&Cs apply.
• Get S$50 worth of GrabRide vouchers when you are the first 2,000 customers to charge a min. of S$1,500 worth of insurance/ school transactions on your card. T&Cs apply.
Valid until 31 Oct 2024 - See more details below
Apply Now
UOB Absolute Cashback Card
Online Promo
Unlimited 1.7% Cashback
Cash Back on Eligible Spend
1.7%
Min. Spend per month
S$0
Cash Back Cap
Unlimited
Online Promo:
Get a Samsonite EVOA Z Spinner 25'' Exp Luggage (worth S$730) when you apply for a UOB Absolute Cashback Card, spend min. S$1,000 spend per month for 2 consecutive months from card approval date AND pay the first year annual fee payment of S$180 (subject to prevailing GST). SMS Registration required. T&Cs apply.

PLUS enjoy 5% cashback (capped at S$50) on the transactions charged within thirty days from card approval date. No cap on the number of eligible customers. 
Valid until 30 Oct 2024 - See more details below
Apply Now
UOB EVOL Credit Card
Online Promo
Up to 10% Cashback
on Online, Mobile Contactless, Overseas in-store FX spend
10% Cashback
Cash Back Cap per month
Up to S$80
Min. Spend per month
S$800
Online Promo:
Get a GoPro HERO13 (worth S$590) when you are the first 100 new-to-UOB Credit Cardmembers in each calendar month from 1 September 2024 to 30 November 2024 to successfully apply for a UOB EVOL Card and spend a min. of S$800 per month for the 3 first consecutive months from their card approval date. T&Cs apply.
Valid until 31 Oct 2024 - See more details below
Apply Now
American Express True Cashback Card
Unlimited Cashback
on up to $5,000 spend in the first 6 months for new Card Members.
3.0% Cashback
all subsequent eligible purchases
1.5% Cashback
Cash Back Cap
Unlimited
Apply Now
Citi Cash Back Card
MoneySmart Exclusive
EVERDESK LITE FLASH DEAL | EXCLUSIVE TO CITI ONLY
Cash Back on Groceries, Petrol & Private Commute
Up to 8%
Total Cash Back Cap, per month
S$80
at Caltex, Shell & Esso
Up to 23.64% savings

Enjoy an upsized 6,140 SmartPoints or S$300 Cash via PayNow, when you meet the spend criteria. T&Cs apply
 
PLUS stand a chance to win:

 
Use 6,140 SmartPoints to redeem any product on our Rewards Store, including 15,000 KrisFlyer miles (redeemable for a one-way Economy Class Saver ticket to Bangkok on Singapore Airlines). Alternatively, purchase additional SmartPoints using cash, to redeem upsized rewards as well.

Valid until 15 Oct 2024 - See more details below
Apply Now
 HSBC Advance Credit Card
Online Promo
Earn up to 2.5% Cashback | Instant Activation*
Base Cashback
1.5%
Cashback when you spend more than S$2,000
2.5%
Cashback Cap per month
S$70
Online Promo:
Choose between a Samsonite ZELTUS 69cm Spinner Exp with built-in scale (worth S$680) or get S$200 cashback when you spend at least S$500 and provide marketing consent in the application form. Apply now for instant approval. T&Cs apply.
Valid until 31 Dec 2024 - See more details below
Apply Now
Standard Chartered Smart Credit Card
MoneySmart Exclusive
Earn 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

Get S$200 Cash via PayNow or 2,990 SmartPoints when you apply and spend a min. of S$500 in eligible transactions within 30 days from card approval date. T&Cs apply
  
Use 2,990 SmartPoints to redeem your favourite product from our Rewards Store today. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple iPad Wi‑Fi 64GB (9th Generation) at only S$210 on top of your earned SmartPoints.

Valid until 15 Oct 2024 - See more details below
Apply Now
CIMB World Mastercard
Online Promo
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% Cashback
S$1,000
Cash Rebate cap
Unlimited
Online Promo:
Get up to S$188 Cashback when you spend a minimum of S$988 in Eligible Transactions within 60 days from card approval date. T&Cs apply.
Valid until 31 Jan 2025 - See more details below
Apply Now
DBS Live Fresh Card
Online Promo
Shopping and Transportation
on Shopping & Transport Spend
Up to 6% cashback
Cashback Cap
Up to S$70
Min. Spend per month
S$800
Online Promo:
Get S$150 cashback from DBS when you apply and make the min. spend of S$800 within 60 days of card approval. T&Cs apply.
Valid until 31 Jan 2025 - See more details below
Apply Now
CIMB Visa Signature
Online Promo
Up to 10% Cashback
Cash Back on Beauty & Wellness, Online Shopping, Groceries
10%
Min. spend per month to qualify for the 10% Cash Back
S$800
Cash Back Cap per month
S$100
Online Promo:
Get up to S$188 Cashback when you spend a minimum of S$988 in Eligible Transactions within 60 days from card approval date. T&Cs apply.
Valid until 31 Jan 2025 - See more details below
Apply Now
CIMB Visa Infinite
Online Promo
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
Online Promo:
Get up to S$188 Cashback when you spend a minimum of S$988 in Eligible Transactions within 60 days from card approval date. T&Cs apply.
Valid until 31 Jan 2025 - See more details below
Apply Now
OCBC Frank Card
Earn up to 10% cashback
Cash Back
Up to 10%
Cash Back Cap per month
S$100
Min. Total Spend per month
S$800
Read More
POSB Everyday Card
Online Promo
Earn Cash Rebates that Never Expire
Cash rebates on Online Food Delivery
Up to 10%
Cash Rebates on Groceries from Sheng Siong
Up to 5%
Cash Rebate on Online Shopping
Up to 5%
Online Promo:
Get S$150 Cashback when you apply and make the min. spend of S$800 within 60 days of card approval. T&Cs apply.
Valid until 31 Jan 2025 - See more details below
Apply Now
DBS Vantage Visa Infinite Card
Online Promo
Miles or Cashback – you decide
Local Spend
S$1 = 1.5 miles or 1.5% cashback
Overseas Spend
S$1 = 2.2 miles or 2.2% cashback
when you pay the Card's Annual Fee
25,000 Bonus Miles
Online Promo:
Get up to 60,000 miles (for New Cardmembers) or up to 40,000 Miles (Existing Cardmembers) when you sign up and make a min. spend of S$4,000 within 30 days of card approval and payable annual fee required. T&Cs apply.
Valid until 31 Jan 2025 - See more details below
Apply Now
OCBC 365 Credit Card
High Spend on Dining
Cashback on Fuel Spends
6%
Cashback on Everyday Dining
5%
with min. spend of $1,600 per month
Unlock up to $160 Cashback
Read More
OCBC INFINITY Cashback Card
Earn 1.6% unlimited cashback
on eligible transactions
Earn 1.6% Cashback
Min. Spend
S$0
Cashback Cap
Unlimited
Read More

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.

What customers are saying about our credit cards (From Google Reviews)

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. 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 3.25% 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 8% of the transaction amount.

Balance Transfer Fees

Charged when you move a balance from one card to another, usually 2% to 4.5% 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.