Best Air Miles Credit Cards with No Annual Fee 2020

After identifying all of the credit cards in Singapore with no annual fee or that offer an easy-to-achieve fee waiver, we've identified those that not only reward spend with miles, but that also provide competitive rates and access to travel perks. We've further analysed these credit cards below, providing details drawn from their terms & conditions so you can easily determine which is really best suited to you.

Best No-Fee Miles Credit Cards Overall:
Best No-Fee Miles Cards for Online & Shopping:
Best No-Fee Miles Card for Golf & Leisure:
  • Maybank World: Free green fees at 120 fairways across 25 countries
Best No-Fee Cards for Miles + Cashback:

Compare Best No-Fee Miles Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

Many of the best miles credit cards with no annual fee exceed the market average for value-to-consumer after 2-years, based on S$2,000 monthly spend
Best No-Fee Miles Credit Cards Overall: Best No-Fee Miles Cards for Online & Shopping: Best No-Fee Miles Card for Golf & Leisure: Best No-Fee Cards for Miles + Cashback:

Compare Best No-Fee Miles Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

Many of the best miles credit cards with no annual fee exceed the market average for value-to-consumer after 2-years, based on S$2,000 monthly spend

Why Consider a Miles Credit Card with No Annual Fee?

If you're a frequent traveller, chances are you prefer earning miles to cashback, especially as they can be used to discount your future travels. Nonetheless, travel credit cards tend to be quite expensive. In fact, many come with an annual fee of S$192.6+, with the priciest cards weighing in at over S$600. While many of these expensive cards offer luxury perks that offset annual costs, it's still possible to enjoy free lounge access and limo transfers without paying such a fee. In fact, several of the market's best credit cards not only offer miles rewards, but also come with accessible fee-waivers. We've identified these cards and analysed them below so that you can decide which best complements your travel habits and lifestyle.

Best No-Fee Miles Credit Cards in Singapore

Not only do these cards offer fee-waivers, they also come with high rates and affordable perks.

DBS Altitude Visa: Affordable Luxury Perks

  • Free lounge access & golf privileges, waivable fee
  • Promotions: S$200 cashback w/ promo code "NOVFLASH" (must make 1 transaction). Valid until November 26.
  • Or receive 38,000 miles by entering code "ALTAF" or "DBSALT" in your application and enjoy first-year card annual fee waiver
  • Receive 8% off online shopping by reaching monthly Personalised Spend Goal online (rewards capped at S$16-S$120/mo)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • Alternative: 10,000 bonus miles w/ payment of annual fee
  • 1.2 miles per S$1 locally, 2 miles overseas, 3 miles for online travel bookings
  • Miles earned never expire
  • Free travel insurance, 2x lounge visits, golfing & dining privileges
  • DBS My Preferred Payment Plan (0% interest instalments)
If you're a moderate spender and frequent traveller, you can easily access a variety of luxury perks without paying an annual fee with DBS Altitude Visa Card. Cardholders earn 1.2 miles per S$1 spend locally, 2 miles overseas, and 3 miles for online travel bookings. While these rates are fairly standard, DBS Altitude Visa Card stands out by offering an assortment of travel perks that aren't provided by its competitors. These perks include 2 free lounge visits per year, dining privileges through Visa Foodie Trail, complimentary travel insurance and golfing discounts throughout SE Asia. Additionally, miles earned never expire.


Additionally, DBS Altitude Visa Card's already reasonable S$192.6 annual fee is waived the 1st year, and then subsequently with S$25,000 annual spend (about S$2,083/month). Its closest competitor charges the same fee, but does not offer a waiver at all. Ultimately, for those looking for luxury perks without the high cost, DBS Altitude Visa Card may be the best fit.

  • Stand-Out: Free lounge access & golf privileges, waivable fee
  • Promotions: S$200 cashback w/ promo code "NOVFLASH" (must make 1 transaction). Valid until November 26.
  • Or receive 38,000 miles by entering code "ALTAF" or "DBSALT" in your application and enjoy first-year card annual fee waiver
  • Receive 8% off online shopping by reaching monthly Personalised Spend Goal online (rewards capped at S$16-S$120/mo)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • Alternative: 10,000 bonus miles w/ payment of annual fee
  • 1.2 miles per S$1 locally, 2 miles overseas, 3 miles for online travel bookings
  • Miles earned never expire
  • Free travel insurance, 2x lounge visits, golfing & dining privileges
  • DBS My Preferred Payment Plan (0% interest instalments)
If you're a moderate spender and frequent traveller, you can easily access a variety of luxury perks without paying an annual fee with DBS Altitude Visa Card. Cardholders earn 1.2 miles per S$1 spend locally, 2 miles overseas, and 3 miles for online travel bookings. While these rates are fairly standard, DBS Altitude Visa Card stands out by offering an assortment of travel perks that aren't provided by its competitors. These perks include 2 free lounge visits per year, dining privileges through Visa Foodie Trail, complimentary travel insurance and golfing discounts throughout SE Asia. Additionally, miles earned never expire.


Additionally, DBS Altitude Visa Card's already reasonable S$192.6 annual fee is waived the 1st year, and then subsequently with S$25,000 annual spend (about S$2,083/month). Its closest competitor charges the same fee, but does not offer a waiver at all. Ultimately, for those looking for luxury perks without the high cost, DBS Altitude Visa Card may be the best fit.

Maybank Horizon Visa Signature: Miles for Local Spenders

  • Market-leading 3.2 mi/S$1 local dining & transport spend
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)
  • Read Our Full Review
  • Annual fee: S$180.0, 3-year waiver, subsequently with S$18,000 annual spend
  • 3.2 miles per S$1 local spend on dining, petrol, taxis, Grab & hotel bookings with Agoda
  • 2 miles per S$1 spend on air tickets, travel packages & foreign currency transactions
  • Up to 17.2% fuel savings on petrol in Singapore
  • Access to airport lounges & free travel insurance
If you're primarily a local spender but still want to earn miles for your purchases, definitely consider Maybank Horizon Visa Signature Card. Unlike most other travel cards, consumers can earn at remarkably high rates for everyday transactions within Singapore. In fact, cardholders earn 3.2 miles per S$1 on local dining, petrol, taxis and Grab, and even hotel bookings with Agoda. Overseas spend still earns a competitive 2 miles per S$1 on air tickets, travel packages, and foreign currency transactions. Even better, the card comes with free travel insurance and complimentary lounge access with every S$1k transaction in the previous quarter.


In addition to these impressive rates and perks, cardholders are exempt from paying an annual fee for 3 full years. This is one of the longest automatic fee waiver periods offered by any card on the market. Even more, consumers can subsequently avoid paying the card's S$180.0 fee by spending just S$18,000/year, which comes to just S$1,500/month. Given the average Singaporean spends about S$2,000/month, Maybank Horizon Visa Signature is ultimately maintenance-free for most consumers. If you're looking to earn no-fee miles from your everyday local spend, Maybank Horizon Visa Card may just be the best option on the market.

  • Stand-Out: Market-leading 3.2 mi/S$1 local dining & transport spend
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)
  • Read Our Full Review
  • Annual fee: S$180.0, 3-year waiver, subsequently with S$18,000 annual spend
  • 3.2 miles per S$1 local spend on dining, petrol, taxis, Grab & hotel bookings with Agoda
  • 2 miles per S$1 spend on air tickets, travel packages & foreign currency transactions
  • Up to 17.2% fuel savings on petrol in Singapore
  • Access to airport lounges & free travel insurance
If you're primarily a local spender but still want to earn miles for your purchases, definitely consider Maybank Horizon Visa Signature Card. Unlike most other travel cards, consumers can earn at remarkably high rates for everyday transactions within Singapore. In fact, cardholders earn 3.2 miles per S$1 on local dining, petrol, taxis and Grab, and even hotel bookings with Agoda. Overseas spend still earns a competitive 2 miles per S$1 on air tickets, travel packages, and foreign currency transactions. Even better, the card comes with free travel insurance and complimentary lounge access with every S$1k transaction in the previous quarter.


In addition to these impressive rates and perks, cardholders are exempt from paying an annual fee for 3 full years. This is one of the longest automatic fee waiver periods offered by any card on the market. Even more, consumers can subsequently avoid paying the card's S$180.0 fee by spending just S$18,000/year, which comes to just S$1,500/month. Given the average Singaporean spends about S$2,000/month, Maybank Horizon Visa Signature is ultimately maintenance-free for most consumers. If you're looking to earn no-fee miles from your everyday local spend, Maybank Horizon Visa Card may just be the best option on the market.

UOB PRVI Miles American Express Card: Boosted Miles for Higher Spenders

  • Up to 20k bonus miles & fee waiver w/ S$50k annual spend
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • Earn 4.4mi/S$1 on 1st S$80 spend on local transit fare paid via SimplyGo
  • Read Our Full Review
  • Annual fee: S$256.8, 1-year waiver, subsequently with S$50,000 annual spend
  • 20,000 bonus annual renewal miles (worth S$200) with S$50,000 annual spend
  • 1.4 miles per S$1 local spend, 2.4 miles overseas, 6 miles at major airlines & airports
  • 8 free limo transfers & free travel insurance
  • UOB PRVI Travel Butler & Amex Essentials
UOB PRVI Miles American Express Card is an excellent option for above-average spenders who prioritise rapid miles and also want to avoid annual fees. Cardholders earn 1.4 miles per S$1 spend locally, 2.4 miles overseas, and up to 6 miles with major airlines and hotels. These rates are amongst the highest on the market and rival those offered by luxury cards–most of which have unwaivable annual fees of S$400+. UOB PRVI Amex Card, on the other hand, has an annual fee of just S$256.8, which is waived completely with S$50,000 annual spend (about S$4,167/month).


Those who meet this annual spend requirement also receive 20,000 bonus miles (worth approximately S$200), and all cardholders can enjoy up to 8 free limo transfers and complimentary travel insurance. Overall, UOB PRVI Miles Amex Card offers luxury-card rewards rates without the high annual cost.

  • Stand-Out: Up to 20k bonus miles & fee waiver w/ S$50k annual spend
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • Earn 4.4mi/S$1 on 1st S$80 spend on local transit fare paid via SimplyGo
  • Read Our Full Review
  • Annual fee: S$256.8, 1-year waiver, subsequently with S$50,000 annual spend
  • 20,000 bonus annual renewal miles (worth S$200) with S$50,000 annual spend
  • 1.4 miles per S$1 local spend, 2.4 miles overseas, 6 miles at major airlines & airports
  • 8 free limo transfers & free travel insurance
  • UOB PRVI Travel Butler & Amex Essentials
UOB PRVI Miles American Express Card is an excellent option for above-average spenders who prioritise rapid miles and also want to avoid annual fees. Cardholders earn 1.4 miles per S$1 spend locally, 2.4 miles overseas, and up to 6 miles with major airlines and hotels. These rates are amongst the highest on the market and rival those offered by luxury cards–most of which have unwaivable annual fees of S$400+. UOB PRVI Amex Card, on the other hand, has an annual fee of just S$256.8, which is waived completely with S$50,000 annual spend (about S$4,167/month).


Those who meet this annual spend requirement also receive 20,000 bonus miles (worth approximately S$200), and all cardholders can enjoy up to 8 free limo transfers and complimentary travel insurance. Overall, UOB PRVI Miles Amex Card offers luxury-card rewards rates without the high annual cost.

Best No-Fee Miles Cards for Online & Shopping

Modern shoppers looking to maximise miles can avoid extra fees with these cards.

DBS Woman's World: Online Shopping Miles + 0% Instal Plan

  • Up to 4 miles/S$1 spend on online shopping
  • Promotions: S$200 cashback w/ promo code "NOVFLASH" (must make 1 transaction). Valid until November 26.
  • Receive 8% off online shopping by reaching monthly Personalised Spend Goal online (rewards capped at S$16-S$120/mo)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • 4 miles per S$1 spend on online shopping
  • DBS My Preferred Payment Plan (0% interest instalments)
  • Hertz Gold Plus Rewards membership & access to Quayside
If you're an online shopper that tends to make big purchases all at once, consider DBS Woman’s World Card. To begin with, cardholders earn 4 miles per S$1 spend on online shopping, up to 8,000 miles/month–which is double the cap size enforced by competitors. Additionally, consumers who make transactions above S$100 can take advantage of DBS's My Preferred Payment Plan, which splits payments into interest-free instalments across up to 12 months, with no processing fee.


It's important to mention that cardholders earn just 1.2 miles per S$1 overseas and 0.4 miles locally, which are below market standards. Nonetheless, consumers who also spend S$25,000/year are exempt from the S$192.6 fee, which makes it perfect for those with a substantial online shopping budget.

  • Stand-Out: Up to 4 miles/S$1 spend on online shopping
  • Promotions: S$200 cashback w/ promo code "NOVFLASH" (must make 1 transaction). Valid until November 26.
  • Receive 8% off online shopping by reaching monthly Personalised Spend Goal online (rewards capped at S$16-S$120/mo)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver, subsequently with S$25,000 annual spend
  • 4 miles per S$1 spend on online shopping
  • DBS My Preferred Payment Plan (0% interest instalments)
  • Hertz Gold Plus Rewards membership & access to Quayside
If you're an online shopper that tends to make big purchases all at once, consider DBS Woman’s World Card. To begin with, cardholders earn 4 miles per S$1 spend on online shopping, up to 8,000 miles/month–which is double the cap size enforced by competitors. Additionally, consumers who make transactions above S$100 can take advantage of DBS's My Preferred Payment Plan, which splits payments into interest-free instalments across up to 12 months, with no processing fee.


It's important to mention that cardholders earn just 1.2 miles per S$1 overseas and 0.4 miles locally, which are below market standards. Nonetheless, consumers who also spend S$25,000/year are exempt from the S$192.6 fee, which makes it perfect for those with a substantial online shopping budget.

OCBC Titanium Card: No-Fee Miles for Retail Shoppers

  • 4 mi/S$1 on fashion & merchants like Amazon, Lazada
  • Promotions: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
  • Free S$50 Grabfood vouchers w/ S$300 min. spend in 1st mo (existing customers)
  • 2% cash rebate at BEST Denki
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently w/ S$10k annual spend
  • 10 Pts (4 miles) per S$1 spend on fashion retail & select merchants
  • Discounted airport lounge & JetQuay Quayside access
OCBC Titanium Rewards Card is the best choice for consumers with a moderate shopping budget who also want to avoid an annual fee. Cardholders earn 4 miles (10pts) per S$1 spend on fashion, electronics, and at department stores–online, offline, locally and overseas. Even more, transactions with popular merchants like Lazada, Amazon & more are also eligible for the 4 miles per S$1 rate. Given the vendor list, it's quite possible to earn this high rewards rate on everything from beauty products to kitchen appliances and more. Miles are capped at 4,000 miles per month, however, which may be limiting for higher spenders.


OCBC Titanium Rewards Card stands out from other shopper cards by waiving its S$192.6 annual fee for 2 years and subsequently, for those who spend at least S$10,000/year. At less than S$1,000 per month, this is one of the lowest waiver requirements available–less than half that required by similar shopper cards. As a result, OCBC Titanium Rewards Card is ideal for retail spenders with a shopping budget of about S$1,000/month.

  • Stand-Out: 4 mi/S$1 on fashion & merchants like Amazon, Lazada
  • Promotions: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
  • Free S$50 Grabfood vouchers w/ S$300 min. spend in 1st mo (existing customers)
  • 2% cash rebate at BEST Denki
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently w/ S$10k annual spend
  • 10 Pts (4 miles) per S$1 spend on fashion retail & select merchants
  • Discounted airport lounge & JetQuay Quayside access
OCBC Titanium Rewards Card is the best choice for consumers with a moderate shopping budget who also want to avoid an annual fee. Cardholders earn 4 miles (10pts) per S$1 spend on fashion, electronics, and at department stores–online, offline, locally and overseas. Even more, transactions with popular merchants like Lazada, Amazon & more are also eligible for the 4 miles per S$1 rate. Given the vendor list, it's quite possible to earn this high rewards rate on everything from beauty products to kitchen appliances and more. Miles are capped at 4,000 miles per month, however, which may be limiting for higher spenders.


OCBC Titanium Rewards Card stands out from other shopper cards by waiving its S$192.6 annual fee for 2 years and subsequently, for those who spend at least S$10,000/year. At less than S$1,000 per month, this is one of the lowest waiver requirements available–less than half that required by similar shopper cards. As a result, OCBC Titanium Rewards Card is ideal for retail spenders with a shopping budget of about S$1,000/month.

HSBC Revolution: Miles for Social & Online Spend

  • Up to 2mi/S$1 spend on online insurance & bill-pay
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 Lazada vouchers
  • Read Our Full Review
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$12,500 annual spend
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
Modern, social spenders who frequently shop online can easily benefit from HSBC Revolution Card. Cardholders not only earn 2 miles per S$1 spend on local dining and entertainment, they also earn this same rate for all online spend–including transit, insurance, and bill payments. Few other cards on the market extend online rewards to such transactions, making HSBC Revolution Card great for both casual and practical spenders. Even better, the S$160.5 annual fee is waived with just S$12,500 annual spend (about S$1,042/month). Overall, HSBC Revolution Card is an optimal, maintenance-free option for the average consumer seeking miles for both social and online spend.
  • Stand-Out: Up to 2mi/S$1 spend on online insurance & bill-pay
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 Lazada vouchers
  • Read Our Full Review
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$12,500 annual spend
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
Modern, social spenders who frequently shop online can easily benefit from HSBC Revolution Card. Cardholders not only earn 2 miles per S$1 spend on local dining and entertainment, they also earn this same rate for all online spend–including transit, insurance, and bill payments. Few other cards on the market extend online rewards to such transactions, making HSBC Revolution Card great for both casual and practical spenders. Even better, the S$160.5 annual fee is waived with just S$12,500 annual spend (about S$1,042/month). Overall, HSBC Revolution Card is an optimal, maintenance-free option for the average consumer seeking miles for both social and online spend.

Best No-Fee Miles Credit Card for Golf & Leisure

Spend more on leisure and less on added costs with this no-fee credit card.

Maybank World MasterCard: Best Miles for Golfers

  • 2 free green fees/month, access to 120+ global fairways
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)
  • Read Our Full Review
  • Annual fee: S$240.0, 1-year waiver, subsequently with S$24,000 annual spend
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants
  • 2 complimentary green fees/month at 120 fairways worldwide
  • Free travel insurance, lounge access & global concierge
Maybank World MasterCard is the absolute best choice for affluent golfers seeking privileges at global fairways and miles for luxury spend. Cardholders enjoy 2 free green fees per month at 120 fairways across 25 countries–that's nearly triple the number of courses provided by Maybank World's closest competitor. Additional perks include free travel insurance and complimentary lounge access with every S$1,000 retail transaction.


In terms of rewards rates, cardholders earn 4 miles per S$1 spend at select high-end restaurants and luxury retailers, plus 0.4 miles on general spend. Those who spend S$24,000 annually are exempt from the S$240.0 fee, which is already waived 1 year. As supplementary card spend counts towards this total, it's fairly easy for a couple to earn the waiver. Overall, Maybank World MasterCard is the best card available for frequent golfers seeking no-fee miles rewards.

  • Stand-Out: 2 free green fees/month, access to 120+ global fairways
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)
  • Read Our Full Review
  • Annual fee: S$240.0, 1-year waiver, subsequently with S$24,000 annual spend
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants
  • 2 complimentary green fees/month at 120 fairways worldwide
  • Free travel insurance, lounge access & global concierge
Maybank World MasterCard is the absolute best choice for affluent golfers seeking privileges at global fairways and miles for luxury spend. Cardholders enjoy 2 free green fees per month at 120 fairways across 25 countries–that's nearly triple the number of courses provided by Maybank World's closest competitor. Additional perks include free travel insurance and complimentary lounge access with every S$1,000 retail transaction.


In terms of rewards rates, cardholders earn 4 miles per S$1 spend at select high-end restaurants and luxury retailers, plus 0.4 miles on general spend. Those who spend S$24,000 annually are exempt from the S$240.0 fee, which is already waived 1 year. As supplementary card spend counts towards this total, it's fairly easy for a couple to earn the waiver. Overall, Maybank World MasterCard is the best card available for frequent golfers seeking no-fee miles rewards.

Best for No-Fee Miles + Cashback

Interested in earning both miles and rebates? Consider these no-fee, hybrid options.

HSBC Visa Platinum: Hybrid Rewards for Practical Spenders

  • Rebates on local food & petrol, miles for general spend
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 Lazada vouchers
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$12,500 annual spend
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
HSBC Visa Platinum Card stands out by offering cashback for practical local spend and miles for all other transactions. Cardholders earn 5% rebate on local petrol, dining and groceries after S$600 minimum spend. Cashback earnings are capped at S$250 per quarter, which comes to about S$83 per month–quite reasonable compared to similar alternatives. All other spend earns 0.4 miles per S$1. While this rate may seem low, there's no minimum spend requirement or earnings cap. Finally, those who spend S$12,500 per year are exempt from the S$192.6 annual fee. Overall, HSBC Visa Platinum Card is a great option for local, practical spenders who may be interested in earning miles as well.
  • Stand-Out: Rebates on local food & petrol, miles for general spend
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 Lazada vouchers
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$12,500 annual spend
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
HSBC Visa Platinum Card stands out by offering cashback for practical local spend and miles for all other transactions. Cardholders earn 5% rebate on local petrol, dining and groceries after S$600 minimum spend. Cashback earnings are capped at S$250 per quarter, which comes to about S$83 per month–quite reasonable compared to similar alternatives. All other spend earns 0.4 miles per S$1. While this rate may seem low, there's no minimum spend requirement or earnings cap. Finally, those who spend S$12,500 per year are exempt from the S$192.6 annual fee. Overall, HSBC Visa Platinum Card is a great option for local, practical spenders who may be interested in earning miles as well.

Maybank FC Barcelona Visa Signature: Uncapped Local Rebates

  • 1.6% unltd local cashback, fee waiver w/ S$10k annual spend
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)
  • Read Our Full Review
  • Annual fee: S$120.0, waived with S$10,000 annual spend
  • Unlimited 1.6% rebate on local spend
  • 2 Pts (0.8 miles) per S$1 on foreign currency transactions
  • Up to 10% discount at FC Barcelona official stores
  • Free travel insurance
Local high-spenders seeking to avoid caps on rewards should definitely consider Maybank FC Barcelona Visa Signature Card. Cardholders earn an unlimited 1.6% rebate on all local spend, which is one of the highest available amongst its competitors. Overseas spend earns 0.8 miles per S$1, which may not be particularly competitive, but may still be of interest to those seeking hybrid rewards. Finally, the already low S$120 fee is waived with just S$10,000 annual spend–one of the lowest requirements for a waiver on the market. As one of the only unlimited cashback cards with a fee waiver and the only offering miles rewards as well, Maybank FC Barcelona Visa Signature Card is the best, maintenance-free option for affluent individuals with large local budgets.
  • Stand-Out: 1.6% unltd local cashback, fee waiver w/ S$10k annual spend
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)
  • Read Our Full Review
  • Annual fee: S$120.0, waived with S$10,000 annual spend
  • Unlimited 1.6% rebate on local spend
  • 2 Pts (0.8 miles) per S$1 on foreign currency transactions
  • Up to 10% discount at FC Barcelona official stores
  • Free travel insurance
Local high-spenders seeking to avoid caps on rewards should definitely consider Maybank FC Barcelona Visa Signature Card. Cardholders earn an unlimited 1.6% rebate on all local spend, which is one of the highest available amongst its competitors. Overseas spend earns 0.8 miles per S$1, which may not be particularly competitive, but may still be of interest to those seeking hybrid rewards. Finally, the already low S$120 fee is waived with just S$10,000 annual spend–one of the lowest requirements for a waiver on the market. As one of the only unlimited cashback cards with a fee waiver and the only offering miles rewards as well, Maybank FC Barcelona Visa Signature Card is the best, maintenance-free option for affluent individuals with large local budgets.

Learn More About How to Find the Best Credit Card for You

Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, specialising in credit cards in Singapore. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research.

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