Compare the Best Credit Cards for Overseas Spending 2024

Find the latest credit cards have the lowest foreign transaction fees and the best rewards for overseas spending. Read More
We found 40 Credit Cards for you!
Sponsored
Citi Cash Back+ Card
MoneySmart Exclusive
FLASH DEAL | Unlimited 1.6% Cashback
Promotion ends in
Cash Back on Eligible Spend
1.6%
Min. Spend per month
S$0
Foreign Currency Transaction Fee
3.25%

[FLASH DEAL | FASTER GIFT FULFILMENT]
Earn 5,040 SmartPoints or S$300 Cash via PayNow, in as fast as 5 weeks from meeting the S$500 spend criteria! T&Cs apply.
 
OR get a COMPLIMENTARY GIFT UPGRADE to a ECOVACS DEEBOT T20e OMNI Robot Vacuum Cleaner (worth S$1,199) when you are the first 5 customers to submit the claim form at 2PM & 9PM daily!
 
Use 5,040 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple 10.9-inch iPad Wi‑Fi 64GB (10th Generation) at only S$110 on top of your earned SmartPoints.

Valid until 21 Jun 2024 - See more details below
Apply Now
KrisFlyer UOB Credit Card
Online Promo
Earn up to 3 Miles per S$1 spend
on Singapore Airlines, Scoot, KrisShop, Kris+ purchases
S$1 = 3 Miles
Min spend per annum on Singapore Airlines Group
S$800
Foreign Currency Transaction Fee
3.25%
Online Promo:
Get up to 31,000 miles plus first year annual fee waived for new-to-UOB credit card customers who successfully apply for an eligible KrisFlyer UOB Credit Card and spend a min. of S$2,000 within 60 days of the card approval date on their card. T&Cs apply.
Valid until 30 Jun 2024 - See more details below
Apply Now
Citi PremierMiles Card + Citi Wealth First Account
MoneySmart Exclusive
BUNDLE | SINGLE SEAMLESS APPLICATION JOURNEY
Promotion ends in
on Foreign Currency Spend
S$1 = Up to 2 Miles
on your Citi Wealth First Account
Up to 7.51% Interest
Application Journey for the Bundle
Single

[FLASH DEAL | GIVEAWAY]
Get a Apple iPad 9th Gen, 64GB + Apple Pencil 1st Gen (worth S$660), or a Sony HT-AX7 Portable Theatre System (worth S$769) or up to S$400* when you spend a min. of S$500 within a month on your credit card and open your Citi Wealth First account! No funding into the Citi Wealth First account is required for gift qualification! T&Cs apply.
 
PLUS get a Robinsons Luggage (worth up to S$300) on top of the baseline gift if you meet the relevant criteria! Apply for both the Citi PremierMiles Card and the Citi Wealth First Account to qualify for this promo! 

Valid until 21 Jun 2024 - See more details below
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Standard Chartered Journey Credit Card (No Annual Fee)
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 30 Jun 2024 - See more details below
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American Express True Cashback Card
MoneySmart Exclusive
Unlimited Cashback
all eligible purchases
1.5% Cashback
Min. Spend per month
S$0
Foreign Transaction Fee
3.25%

Get S$130 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 30 Jun 2024 - See more details below
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HSBC TravelOne Card
MoneySmart Exclusive
Earn up to 2.4 Miles | Instant Activation*
on Foreign Currency Spend
S$1 = 2.4 Miles
Foreign Currency Transaction Fee
3.25%
Travel Insurance coverage, Airport Lounge visits
Complimentary

Earn 5,040 SmartPoints or S$200 Cash via PayNow when you apply and spend a min. of S$1,000 from Card Account Opening Date to end of the following calendar month. T&Cs apply.
 
Use 5,040 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple 10.9-inch iPad Wi‑Fi 64GB (10th Generation) at only S$110 on top of your earned SmartPoints.

Valid until 20 Jun 2024 - See more details below
Apply Now
CIMB Visa Signature
Online Promo
Up to 10% Cashback
Cash Back on Cruises
Up to 10%
Min. spend per month to qualify for the 10% Cash Back
S$800
Foreign Transaction Fee
3%
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 Jul 2024 - See more details below
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HSBC Visa Infinite Credit Card
Overseas Spending Rewards
S$1 = Up to 2.25 Miles
Min. Spend per month
S$0
Foreign Transaction Fee
3.25%
Apply Now
American Express Singapore Airlines KrisFlyer Ascend Credit Card
Online Promo
Convenience & Perks for Frequent Flyers
Foreign Currency Overseas Spending in June & December
S$1 = 2 Miles
Min. Spend per month
S$0
Foreign Transaction Fee
3.25%
Online Promo:
New American Express cardholder can get S$300 eCapitaVouchers AND up to 17,000 KrisFlyer miles (enough to redeem a Return Trip to Bali*) when you pay the card's annual fee and spend a min. of S$1,000 within the first month of card approval.

Existing cardholders can get up to 24,000 KrisFlyer Miles when you pay the card's annual fee and spend a min. of S$1,000 within the first month of card approval. T&Cs apply.
Valid until 30 Jun 2024 - See more details below
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 HSBC Advance Credit Card
MoneySmart Exclusive
Earn up to 3.5% Cashback | Instant Activation*
Cash Back
1.5%
Bonus Cash Back
3.5%
Min. Spend
S$0

Earn 3,950 SmartPoints or S$150 Cash via PayNow 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 3,950 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple 10.9-inch iPad Wi‑Fi 64GB (10th Generation) at only S$219 on top of your earned SmartPoints.

Valid until 20 Jun 2024 - See more details below
Apply Now
Standard Chartered Journey Credit Card (Annual Fee Payable)
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 30 Jun 2024 - See more details below
Apply Now
UOB Lady's Card
Online Promo
Earn up to 6 Miles per S$1
Base Earn Rate
S$5 = 1X UNI$ (or 2 miles)
Category of Choice
S$5 = Up to 25X UNI$ (equivalent to 10 miles per S$1)
Rewards to Miles Conversion, no min. spend
1 UNI$ = 2 Miles
Online Promo:
Enjoy an exquisite dining experience for two at Michelin-starred restaurants (worth over S$900) when you are the first 150 new-to-UOB credit card customers per calendar month who successfully apply and spend a min. of S$1,500 per month for 2 consecutive months from your card approval date. T&Cs apply.
Valid until 30 Jun 2024 - See more details below
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The American Express® Singapore Airlines Business Credit Card
Online Promo
Ideal for frequent small business travellers
per S$1 spent on eligible Singapore Airlines and Scoot flights
Earn up to 8.5 HighFlyer Points
per S$1 spent on all eligible purchases (worth 1.8 KrisFlyer miles)
Earn 1.8 HighFlyer Points
worth S$418 offering a free night's stay every year
Complimentary Accor Plus Membership
Online Promo:
Get up to 30,000 HighFlyer Points (worth S$285) from AMEX when you apply, pay the card's annual fee and spend a min. of $3,000 within first 3 months of card approval.

PLUS enjoy up to S$8,850 in Business Savings! T&Cs apply.
Valid until 31 Jul 2024 - See more details below
Apply Now
Standard Chartered Rewards+ Credit Card
MoneySmart Exclusive
Earn up to 10X Rewards Points
Overseas Spending Rewards
S$1 = 10X Points
Min. Spend per month
S$0
Foreign Transaction Fee
3.50%

Earn 1,890 SmartPoints or up to S$230 Cash via PayNow when you apply and spend a min. of S$1,000 in eligible transactions within 60 days from card approval date. T&Cs apply.
 
Use 1,890 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints e.g. get an Apple AirPods Pro (2nd Generation) at only S$214 on top of your earned SmartPoints.

Valid until 30 Jun 2024 - See more details below
Apply Now
Citi PremierMiles Card
Earn 2 Miles per S$1
All Foreign Currency Spend including Retail and Online
S$1 = up to 2 Miles
Min. Spend per month
S$0
Foreign Transaction Fee
3.25%
Read More
OCBC 365 Credit Card
High Spend on Dining
Overseas Spending Rewards
5% Cashback
Min. Spend per month
S$800
Foreign Transaction Fee
3.25%
Apply Now
OCBC 90°N Visa Card
Earn Miles That Don't Expire
on Foreign Currency Spend
S$1 = 2.1 Miles
Foreign Currency Transaction Fee
3.25
Minimum Spend
S$0
Apply Now
 OCBC 90°N Card
Earn Miles That Don't Expire
on Foreign Currency spend
S$1 = 2.1 Miles
Min. spend per month
S$0
Foreign Transaction Fee
3.25%
Apply Now
Maybank Horizon Visa Signature
Online Promo
on Air Tickets and Foreign Currency Spend
S$1 = 7X Points
Min. Spend per month to unlock 7X Points
S$800
Rewards to Miles Conversion for Selected Airline Parnters
1 Point = 0.4 Miles
Online Promo:
Receive a Samsonite ENOW SPINNER 69/25 EXP (worth S$570), or 10,000 Bonus Air Miles*, or an Apple AirPods (3rd generation) with Lightning Charging Case, or S$200 Cashback when you apply for a new Maybank Credit Card and charge a minimum of S$1,300 within the first two months of card approval. T&Cs apply.
Valid until 30 Jun 2024 - See more details below
Apply Now
DBS Vantage Visa Infinite Card
Online Promo
Miles or Cashback – you decide
Overseas Spend
S$1 = 2.2 miles or 2.2% cashback
Min. Spend per month
S$0
Foreign Transaction Fee
3.25%
Online Promo:
Get up to 85,000 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 15 Jul 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.