Best Citibank Credit Cards 2020

Here, we have reviewed and compared Citibank's best credit cards that have distinct and disparate strengths to appeal to different individuals. No card is perfect, but we think these cards could be highly valuable to most Singaporeans who want to earn rewards and save on daily expenditures.

Compare Best Citibank Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best Citibank 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.

A graph displaying how best Citibank credit cards compare to other cards in Singapore in terms of their rewards
Comparing Dollar Value of Best Citibank Cards with Similar Cards from Other Banks

Compare Best Citibank Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best Citibank 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.

A graph displaying how best Citibank credit cards compare to other cards in Singapore in terms of their rewards
Comparing Dollar Value of Best Citibank Cards with Similar Cards from Other Banks

Citi Cash Back Card: Best Cashback on Food & Petrol

  • Up to 8% rebate on global dining, groceries & petrol
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on dining, grocery, & petrol (any station)
  • Up to 20.88% fuel savings at Esso & Shell
Citi Cash Back Card is an exceptional option if you spend a great deal of your budget on food and transport. In fact, cardholders can earn up to 8% cashback on dining, groceries, and petrol worldwide–one of the higher rates on the market. Even better, you can earn up to S$75/month, or S$900/year, just for spending in these key categories.


It’s worth mentioning that there’s a S$888 minimum spend requirement to access these rates. However, this is fairly reasonable as the average consumer spends almost half of their monthly budget on food & transport. Additionally, the S$192.6 fee is waived the 1st year, so you can earn easily without having to worry about immediate card costs. Overall, Citi Cash Back Card is the best option if you’re seeking rebates on food & transport spend.

  • Stand-Out: Up to 8% rebate on global dining, groceries & petrol
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on dining, grocery, & petrol (any station)
  • Up to 20.88% fuel savings at Esso & Shell
Citi Cash Back Card is an exceptional option if you spend a great deal of your budget on food and transport. In fact, cardholders can earn up to 8% cashback on dining, groceries, and petrol worldwide–one of the higher rates on the market. Even better, you can earn up to S$75/month, or S$900/year, just for spending in these key categories.


It’s worth mentioning that there’s a S$888 minimum spend requirement to access these rates. However, this is fairly reasonable as the average consumer spends almost half of their monthly budget on food & transport. Additionally, the S$192.6 fee is waived the 1st year, so you can earn easily without having to worry about immediate card costs. Overall, Citi Cash Back Card is the best option if you’re seeking rebates on food & transport spend.

Citi Cash Back+ (Plus) Card: Highest Unlimited Flat Rebate Rate

  • Top unlimited flat cashback rate of 1.6%
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$192.6, waived for 1 year
  • Unlimited 1.6% rebate on all spend
  • No minimum spend requirements
For high spenders with a budget of more than S$6,000/month, Citi Cash Back+ Card is one of the cards that can maximise rebates they can earn. Cardholders receive an unlimited rebate of 1.6% on all expenditures, with no minimum spend requirement or cap on rebate. Due to this no cap feature, Citi Cash Back Plus Card is ideal for affluent consumers who are constrained by cards that may offer higher rate of rewards but with low limits. Also, while this card doesn't provide many extra perks or privileges, its rewards rate is also higher than the 1.5% offered by most comparable "unlimited cashback" cards.
  • Stand-Out: Top unlimited flat cashback rate of 1.6%
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$192.6, waived for 1 year
  • Unlimited 1.6% rebate on all spend
  • No minimum spend requirements
For high spenders with a budget of more than S$6,000/month, Citi Cash Back+ Card is one of the cards that can maximise rebates they can earn. Cardholders receive an unlimited rebate of 1.6% on all expenditures, with no minimum spend requirement or cap on rebate. Due to this no cap feature, Citi Cash Back Plus Card is ideal for affluent consumers who are constrained by cards that may offer higher rate of rewards but with low limits. Also, while this card doesn't provide many extra perks or privileges, its rewards rate is also higher than the 1.5% offered by most comparable "unlimited cashback" cards.

Citi SMRT Card: Rebates + EZ-Link for Low Spenders

  • Rebates w/ popular merchants, 2% on Auto Top-Ups
  • Promotions: Receive up to S$120 cashback with S$1.2k min. spend in 1st 3mo
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver
  • Up to 7% rebate on groceries, 5% on fast food, movies & coffee
  • 3% online shopping, 2% on health & wellness
  • EZ-Reload functionality with 2% rebate on Auto Top-Ups
  • SimplyGo/ABT compatible
If you have a low or variable budget, but want consistent access to top rebate rates, consider Citi SMRT Card. Not only is this one of the few rebate cards on the market without a minimum spend requirement, it also offers respectable rates across a variety of categories–up to 7% on groceries, 5% on coffee, fast food & movies, 3% for online spend, and 2% for health & wellness. Rebates are mostly limited to select merchants, but these are quite popular (FairPrice, McDonald’s & Cathay Cineplexes to name a few).


Citi SMRT Card is also EZ-Link compatible, which is extremely convenient for young professionals with a commute. Even better, Auto Top-Ups earn 2% rebate; most credit cards exclude such transactions from their rewards programs. All-in-all, cardholders can earn up to S$50/month, and the S$192.6 fee is waived 2 years. This is great if you’re just starting out and won’t feel constricted by lower earnings caps; having no minimum requirement makes it easy to earn immediately, and the waived fee allows you to spend stress-free.

  • Stand-Out: Rebates w/ popular merchants, 2% on Auto Top-Ups
  • Promotions: Receive up to S$120 cashback with S$1.2k min. spend in 1st 3mo
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver
  • Up to 7% rebate on groceries, 5% on fast food, movies & coffee
  • 3% online shopping, 2% on health & wellness
  • EZ-Reload functionality with 2% rebate on Auto Top-Ups
  • SimplyGo/ABT compatible
If you have a low or variable budget, but want consistent access to top rebate rates, consider Citi SMRT Card. Not only is this one of the few rebate cards on the market without a minimum spend requirement, it also offers respectable rates across a variety of categories–up to 7% on groceries, 5% on coffee, fast food & movies, 3% for online spend, and 2% for health & wellness. Rebates are mostly limited to select merchants, but these are quite popular (FairPrice, McDonald’s & Cathay Cineplexes to name a few).


Citi SMRT Card is also EZ-Link compatible, which is extremely convenient for young professionals with a commute. Even better, Auto Top-Ups earn 2% rebate; most credit cards exclude such transactions from their rewards programs. All-in-all, cardholders can earn up to S$50/month, and the S$192.6 fee is waived 2 years. This is great if you’re just starting out and won’t feel constricted by lower earnings caps; having no minimum requirement makes it easy to earn immediately, and the waived fee allows you to spend stress-free.

Citi PremierMiles: Affordable Miles & Perks

  • Earn 2mi/S$1 overseas, 2 free lounge visits/yr
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Additional 26,500 bonus miles w/ 1st annual fee payment & S$9k spend within 3 months (or 6,4000 miles with 1st year annual fee waiver with S$3k spend within 3 months)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 10,000 bonus annual renewal miles (worth S$100)
  • 1.2 miles per S$1 local spend, 2 miles overseas
  • Miles earned never expire
  • 2 free lounge visits & free travel insurance
Citi PremierMiles Card is the best travel card if you’re looking for affordable miles and travel perks. Cardholders earn a respectable 1.2 miles per S$1 locally and 2 miles overseas, which aligns with market standards. However, Citi PM Card stands out because new cardmembers receive up to 21,000 welcome miles (worth S$210), plus 10,000 miles (worth S$100) with every annual card renewal. These bonuses easily offset the already reasonable S$192.6 fee. Most travel cards have fees of S$250+, and the closest competitor doesn’t offer bonus miles.


Citi PM Card also stands out for offering luxury travel perks. Cardholders receive one of the most comprehensive free travel insurance plans on the market, with coverage for both personal accidents and overseas medical expenses (rather uncommon), as well as reimbursement for trip interruptions. In addition, cardmembers receive 2 free airport lounge visits/year, through Priority Pass. Few travel cards with such a low fee offer such high-end benefits. Overall, if you want to enjoy top rates and perks, without the massive annual fee, consider Citi PremierMiles Card.

  • Stand-Out: Earn 2mi/S$1 overseas, 2 free lounge visits/yr
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Additional 26,500 bonus miles w/ 1st annual fee payment & S$9k spend within 3 months (or 6,4000 miles with 1st year annual fee waiver with S$3k spend within 3 months)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 10,000 bonus annual renewal miles (worth S$100)
  • 1.2 miles per S$1 local spend, 2 miles overseas
  • Miles earned never expire
  • 2 free lounge visits & free travel insurance
Citi PremierMiles Card is the best travel card if you’re looking for affordable miles and travel perks. Cardholders earn a respectable 1.2 miles per S$1 locally and 2 miles overseas, which aligns with market standards. However, Citi PM Card stands out because new cardmembers receive up to 21,000 welcome miles (worth S$210), plus 10,000 miles (worth S$100) with every annual card renewal. These bonuses easily offset the already reasonable S$192.6 fee. Most travel cards have fees of S$250+, and the closest competitor doesn’t offer bonus miles.


Citi PM Card also stands out for offering luxury travel perks. Cardholders receive one of the most comprehensive free travel insurance plans on the market, with coverage for both personal accidents and overseas medical expenses (rather uncommon), as well as reimbursement for trip interruptions. In addition, cardmembers receive 2 free airport lounge visits/year, through Priority Pass. Few travel cards with such a low fee offer such high-end benefits. Overall, if you want to enjoy top rates and perks, without the massive annual fee, consider Citi PremierMiles Card.

Citi Prestige MasterCard: Best for Luxury Travel Perks

  • Unltd lounge access, free travel insurance & bonus hotel nights
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$535
  • 1.3 miles per S$1 local spend, 2 miles overseas
  • 25,000 annual renewal miles (worth S$250)
  • 15%-30% annual Citi relationship bonus
  • Unlimited lounge access, travel insurance, free hotel nights & more
Citi Prestige MasterCard is one of the absolute best travel cards on the market if you prioritise luxury perks & privileges. In terms of rewards, cardholders earn an impressive 1.3 miles per S$1 locally and 2 miles overseas. In addition, with each renewal, cardholders receive 25,000 bonus miles (worth S$250) plus up to 30% annual bonus based on length of relationship with Citibank. These rates and bonuses largely offset the admittedly high S$535 fee.


What really stands out, however, are Citi Prestige Card’s perks. Cardholders enjoy unlimited lounge access for themselves and a guest, worldwide. There are no minimum spend requirements to unlock this perk, and no extra costs for guests–competitor cards are not nearly as flexible. Additionally, cardmembers have free access to JetQuay, receive up to 8 free limo transfers per year, and enjoy bonus 4th nights at hotels. Finally, cardholders even receive 6 free green fees per year at 10 fairways, across 4 countries. Overall, Citi Prestige Card offers above-and-beyond value to travellers who place a premium on luxury perks.

  • Stand-Out: Unltd lounge access, free travel insurance & bonus hotel nights
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$535
  • 1.3 miles per S$1 local spend, 2 miles overseas
  • 25,000 annual renewal miles (worth S$250)
  • 15%-30% annual Citi relationship bonus
  • Unlimited lounge access, travel insurance, free hotel nights & more
Citi Prestige MasterCard is one of the absolute best travel cards on the market if you prioritise luxury perks & privileges. In terms of rewards, cardholders earn an impressive 1.3 miles per S$1 locally and 2 miles overseas. In addition, with each renewal, cardholders receive 25,000 bonus miles (worth S$250) plus up to 30% annual bonus based on length of relationship with Citibank. These rates and bonuses largely offset the admittedly high S$535 fee.


What really stands out, however, are Citi Prestige Card’s perks. Cardholders enjoy unlimited lounge access for themselves and a guest, worldwide. There are no minimum spend requirements to unlock this perk, and no extra costs for guests–competitor cards are not nearly as flexible. Additionally, cardmembers have free access to JetQuay, receive up to 8 free limo transfers per year, and enjoy bonus 4th nights at hotels. Finally, cardholders even receive 6 free green fees per year at 10 fairways, across 4 countries. Overall, Citi Prestige Card offers above-and-beyond value to travellers who place a premium on luxury perks.

Citi Rewards: Best Miles for Online & Fashion Spend

  • Up to 4mi/S$1 spend on fashion retail & all online spend
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 4 miles (10pts) per S$1 fashion retail spend
  • 4 miles (10pts) per S$1 online (inc. food delivery & ride-hailing services)
  • Free travel insurance
Citi Rewards Card is one of the most flexible shopping cards on the market if you primarily spend online & on fashion retail. Cardholders earn 10 points (4 miles) per S$1 spend on online transactions (including online food & grocery delivery and ride-hailing services) as well as on clothing, bags, shoes & more. As a result, it's rather easy for modern shoppers to earn rewards across a broad variety of spending categories. Despite this flexibility, rewards are capped at 4,000 miles/month, which approximates just S$40 value-to-consumer. This amount can be maxed out with S$1k spend, making Citi Rewards Card a great option for those with a similarly-sized monthly shopping budget.
  • Stand-Out: Up to 4mi/S$1 spend on fashion retail & all online spend
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • S$30 cash via PayNow (existing customers)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 4 miles (10pts) per S$1 fashion retail spend
  • 4 miles (10pts) per S$1 online (inc. food delivery & ride-hailing services)
  • Free travel insurance
Citi Rewards Card is one of the most flexible shopping cards on the market if you primarily spend online & on fashion retail. Cardholders earn 10 points (4 miles) per S$1 spend on online transactions (including online food & grocery delivery and ride-hailing services) as well as on clothing, bags, shoes & more. As a result, it's rather easy for modern shoppers to earn rewards across a broad variety of spending categories. Despite this flexibility, rewards are capped at 4,000 miles/month, which approximates just S$40 value-to-consumer. This amount can be maxed out with S$1k spend, making Citi Rewards Card a great option for those with a similarly-sized monthly shopping budget.

Citi Lazada Card: Miles for Lazada & Social Spend

  • Miles & discounts w/ Lazada + dining, entertainment & Grab
  • Promotions: Receive S$150 Lazada Voucher w/ S$1.2k spend in 1st 3 mo
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • Up to 4 miles (10pts) per S$1 spend w/ Lazada
  • Up to 2 miles (5pts) per S$1 on dining, travel, entertainment & transport
  • Receive S$1.99 shipping rebate for Lazada purchases of S$50+ (up to 4x/mo)
  • Exclusive offers & discounts with Lazada
  • Free travel insurance
Citi Lazada Card is the best option on the market for frequent Lazada shoppers who also have a small-to-medium budget for social spend. Cardholders earn 4 miles (10pts) per S$1 spend with Lazada, and enjoy an extra S$1.99 shipping rebate on purchases of S$50+ (up to 4x/month). While this may not seem like a lot, it adds up to a potential 4% rebate on associated purchase. Consumers also have access to exclusive Laxada offers and discounts.


Consumers can also earn miles outside of online shopping. Spend on local dining, entertainment, travel and transport (including Grab & Gojek) earns 2 miles (5pts) per S$1, with no minimum spend requirement. It's worth pointing out that rewards are capped at 4,000 miles (10,000pts) per month, which is equal to about S$40 value-to-consumer. This amount can easily be maxed out by a Lazada shopper spending S$1k online. As a result, Citi Lazada Card is best fit for online shoppers with a budget of about this amount, who make most of their retail purchases with Lazada.

  • Stand-Out: Miles & discounts w/ Lazada + dining, entertainment & Grab
  • Promotions: Receive S$150 Lazada Voucher w/ S$1.2k spend in 1st 3 mo
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • Up to 4 miles (10pts) per S$1 spend w/ Lazada
  • Up to 2 miles (5pts) per S$1 on dining, travel, entertainment & transport
  • Receive S$1.99 shipping rebate for Lazada purchases of S$50+ (up to 4x/mo)
  • Exclusive offers & discounts with Lazada
Citi Lazada Card is the best option on the market for frequent Lazada shoppers who also have a small-to-medium budget for social spend. Cardholders earn 4 miles (10pts) per S$1 spend with Lazada, and enjoy an extra S$1.99 shipping rebate on purchases of S$50+ (up to 4x/month). While this may not seem like a lot, it adds up to a potential 4% rebate on associated purchase. Consumers also have access to exclusive Laxada offers and discounts.


Consumers can also earn miles outside of online shopping. Spend on local dining, entertainment, travel and transport (including Grab & Gojek) earns 2 miles (5pts) per S$1, with no minimum spend requirement. It's worth pointing out that rewards are capped at 4,000 miles (10,000pts) per month, which is equal to about S$40 value-to-consumer. This amount can easily be maxed out by a Lazada shopper spending S$1k online. As a result, Citi Lazada Card is best fit for online shoppers with a budget of about this amount, who make most of their retail purchases with Lazada.

Citi Ultima Card: Metal Card Luxury, By Invite Only

Citi Ultima Card
Citi Ultima Card
  • 150k annual bonus miles, unltd free lounge access & green fees
  • Annual fee: S$4,160
  • By invitation only (S$500,000 min. income requirement)
  • 1.6 miles per S$1 locally, 2 miles overseas
  • Receive 150,000 bonus miles w/ each annual renewal
  • Unlimited lounge access, expedited immigration clearance
  • Free bonus night per hotel booking
  • Unlimited free green fees for principal cardholder + companion
As one of the most luxurious invite-only metal cards on the market, Citi Ultima credit card is ideal for high-spending travellers who enjoy golfing on their getaways. Cardholders–who must earn S$500k/year just to qualify–earn a fairly standard 1.6 miles per S$1 locally and 2 miles overseas, but receive an incredible 150,000 bonus miles (worth S$1.5k) every year with card renewal. This at least partially offsets the hefty S$4,160 annual fee.


What Citi Ultima Card truly offers cardholders, however, are luxury perks designed specifically for the wealthy traveller: unlimited lounge access for the principal and up to 2 supplementary cardholders, free meet & greet services and limo transfers with the purchase of first or business class air tickets, expedited immigration clearance, free bonus hotel nights and more. Golfers can particularly benefit from unlimited green fees at 21 courses across Asia and 3 free sessions for the principal cardholder worldwide. All in all, these exclusive privileges may validate Citi Ultima's high fee for high-earners who expect the epitome of luxury on their trips overseas.

Citi Ultima Card
Citi Ultima Card
  • Stand-Out: 150k annual bonus miles, unltd free lounge access & green fees
  • Annual fee: S$4,160
  • By invitation only (S$500,000 min. income requirement)
  • 1.6 miles per S$1 locally, 2 miles overseas
  • Receive 150,000 bonus miles w/ each annual renewal
  • Unlimited lounge access, expedited immigration clearance
  • Free bonus night per hotel booking
  • Unlimited free green fees for principal cardholder + companion
As one of the most luxurious invite-only metal cards on the market, Citi Ultima credit card is ideal for high-spending travellers who enjoy golfing on their getaways. Cardholders–who must earn S$500k/year just to qualify–earn a fairly standard 1.6 miles per S$1 locally and 2 miles overseas, but receive an incredible 150,000 bonus miles (worth S$1.5k) every year with card renewal. This at least partially offsets the hefty S$4,160 annual fee.


What Citi Ultima Card truly offers cardholders, however, are luxury perks designed specifically for the wealthy traveller: unlimited lounge access for the principal and up to 2 supplementary cardholders, free meet & greet services and limo transfers with the purchase of first or business class air tickets, expedited immigration clearance, free bonus hotel nights and more. Golfers can particularly benefit from unlimited green fees at 21 courses across Asia and 3 free sessions for the principal cardholder worldwide. All in all, these exclusive privileges may validate Citi Ultima's high fee for high-earners who expect the epitome of luxury on their trips overseas.

Citi Clear Card: Best Miles Card for Students

Citibank Clear Card
Citibank Clear Card
  • Annual fee: S$29.96, 1-year waiver
  • 1 Pt (0.4 miles) per S$1 spend, no minimum requirement
  • S$500 credit limit
  • Access to Gourmet Pleasures dining programme
Citi Clear Card is one of the only options on the market that allows students to earn points/miles instead of cashback. Cardholders earn 1 point (0.4 miles) per S$1 spend, which is roughly equal to a 0.4% rebate. This is a higher rate than offered by several competitor cards. In addition, cardholders have access to dining programmes like Citi Gourmet Pleasures, which offers discounts on everything from online food delivery to sit-down meals at high-end restaurants. There are no minimum spend requirements and the S$29.96 fee is waived 1 year. For students who prefer miles to cashback, Citi Clear Card is worth considering.
Citibank Clear Card
Citibank Clear Card
  • Annual fee: S$29.96, 1-year waiver
  • 1 Pt (0.4 miles) per S$1 spend, no minimum requirement
  • S$500 credit limit
  • Access to Gourmet Pleasures dining programme
Citi Clear Card is one of the only options on the market that allows students to earn points/miles instead of cashback. Cardholders earn 1 point (0.4 miles) per S$1 spend, which is roughly equal to a 0.4% rebate. This is a higher rate than offered by several competitor cards. In addition, cardholders have access to dining programmes like Citi Gourmet Pleasures, which offers discounts on everything from online food delivery to sit-down meals at high-end restaurants. There are no minimum spend requirements and the S$29.96 fee is waived 1 year. For students who prefer miles to cashback, Citi Clear Card is worth considering.

Learn More About Maximising Your Rewards with Citibank


Choosing the right credit card for you can be challenging and often confusing. Rewards rates, while often the clearest, are rarely the best indicator of whether or not a card matches your lifestyle. Consider these factors when you weigh your options to make sure you are taking a more holistic, representative view:

Annual Fee: Many credit cards charge an annual fee, typically ranging from S$180.0 up to S$600+, depending on the nature of the card. Fortunately, there are several cards that offer spend-based fee waivers (for example, if you spend S$10k/year, you won't need to pay the fee) and a few that don't charge an annual fee at all. When selecting a credit card, take a look at its associated annual fee and any potential waivers. For a card to truly prove beneficial, you'll need to earn more in rewards value than you're cost by the annual fee (it's important to mention that some perks, like lounge access and free limo transfers, provide value that's harder to quantify). If you're interested in a card that has a fee waiver, make sure you can confidently meet the minimum spend required to unlock that waiver. Finally, cards without an annual fee may not necessarily be the best fit, so it's better to consider all options before defaulting to what's "free."

Minimum Spend Requirement: Some credit cards, especially cashback cards, may require you to spend a set amount per month before you're eligible to earn above a base rewards rate (typically 0.4% cashback or 0.4 miles per S$1 spend). As a result, you should only select a card whose minimum requirement is quite reasonable in terms of your budget. If you can't reliably meet this minimum every month, it won't matter how high the card's advertised rewards rates are. Additionally, you'll lose out even if you miss the cut-off by S$1 or if your final qualifying purchases miss the deadline for a given month. If you're uncertain, it's better to opt for a credit card with a more achievable minimum spend requirement.

Monthly Earnings Caps: Credit card companies often advertise high rewards rates, like "10% cashback on dining," "4 miles per S$1 online" and more. While these rates are certainly attractive and may lead the market, they may not apply to every purchase you make, even in the eligible categories. In fact, higher rates usually come with earnings caps. For example, you may earn 10% cashback on dining–up to S$20 in rewards, and thereafter earn a base rate of 0.4% on dining spend. Other credit cards might offer lower rebate rates, but allow for higher caps. This means that if you're a higher spender, you may ultimately be able to earn more from the second type of card. Always check to see if a credit card caps earnings, especially if it has high rewards rates in select categories.

Rewards-Eligible Categories: Finally, you may come across credit cards with sky-high rewards rates–at first, this may seem incredibly appealing. However, check to see which rewards categories these rates apply to. Earning an 8% rebate on pet supplies isn't so great if you don't own a pet, and a card with high rates for overseas spend may not be a match if you only spend locally. If you want a credit card that's especially easy to use and doesn't require you to track categories or even specific merchants, consider applying for a flat credit card that offers the same rewards rate for all spend.

Citi SMRT Card v. OCBC 365 Card

  • Up to 6% rebate on dining, groceries, transport & more
  • Annual Fee:S$192.6
  • Promotions: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
  • Read Our Full Review
OCBC 365 Card is an excellent option for average spenders looking for rebates on daily essentials. Cardholders earn up to 6% cashback on dining and 3% on groceries, transport, recurring bills and online travel. Even EZ-Link & Transitlink transactions are rewards eligible, though only at a 0.3% rate. There is a S$800 minimum spend requirement and cardholders can earn up to S$80/month. Finally, the S$192.6 fee is waived with S$10,000 annual spend.


Citi SMRT Card offers similar rebate rates–and in some cases, higher–but has no minimum spend requirement. While there are merchant restrictions, the card is far more accessible. However, higher spenders who can meet a higher minimum can also earn more with OCBC 365 Card, and even receive a fee-waiver. If you’re a lower or variable spender, you may prefer Citi SMRT Card, but if you’re shopping for a family, you may earn more with OCBC 365 Card.

Citi PremierMiles Card v. DBS Altitude Card

  • Free lounge access & golf privileges, waivable fee
  • Annual Fee:S$192.6
  • Promotions: S$220 cashback w/ promo code "SHOP220" via our partnership with SGSaver
  • Read Our Full Review
DBS Altitude Visa Card is fairly similar to Citi PM Card. Both offer 1.2 miles per S$1 spend locally and 2 miles overseas, and both also have a S$192.6 annual fee. Both cards also offer 2 free lounge visits/year. These cards are differentiated in a few ways, however. DBS Altitude Cardholders can earn a fee-waiver with S$25,000 annual spend, and enjoy a few extra travel perks, like golfing privileges. Citi PM Card, on the other hand, offers 10,000 bonus renewal miles and has a stronger free travel insurance plan. Overall, you may prefer Citi PM Card if you want to earn extra bonus miles, or DBS Altitude Card if you want a fee-waiver.

Citi Rewards Card v. OCBC Titanium Rewards Card

  • 4 mi/S$1 on fashion & merchants like Amazon, Lazada
  • Annual Fee:S$192.6
  • Promotions: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
  • Read Our Full Review
Like Citi Rewards Card, OCBC Titanium Rewards Card offers 4 miles per S$1 spend on fashion retail online, offline, locally and overseas. OCBC Titanium Card, however, also rewards online and offline spend with merchants like Amazon, Shopee, IKEA & more, allowing you to earn for a broad range of purchases. In addition, cardholders can earn a fee-waiver with S$10,000 annual spend. If you have broader retail shopping habits and want a no-fee card, you might prefer OCBC Titanium Card.

Citi Lazada Card v. HSBC Revolution Card

  • Up to 2mi/S$1 spend on online insurance & bill-pay
  • Annual Fee:S$160.5
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Read Our Full Review
HSBC Revolution Card offers a great way for consumers to earn miles both on local social spend as well as on online purchases. Cardholders earn 2 miles per S$1 on local dining & entertainment as well as on all online spend. This even includes online travel bookings and even bill-pay, which are often excluded by other cards. Even better, rewards are uncapped and consumers can earn a fee waiver with just S$12.5k annual spend. Many shopping cards, including Citi Lazada, either cap rewards or lack a fee-waiver (or in some cases, both). As a result, consumers who want a no-fee miles card with flexible rewards for online spend may prefer HSBC Revolution Card.

Citi Cash Back Card v. CIMB Platinum MasterCard

  • Up to 10% cashback on transport, dining, medical & more
  • Annual Fee:S$0.0
  • Promotions: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo
  • Read Our Full Review
CIMB Platinum MasterCard offers the highest rebate rate for food on the market–10% cashback on both dining worldwide. This rate also applies to transport, petrol, medical spend & more, making it an especially versatile card. There is a S$800 minimum spend requirement, which is slightly lower than Citi Cash Back Card's, and the earnings cap is a lofty S$100/month. Cardholders also never need to pay an annual fee.


While all of this may seem quite attractive, it's important to note that CIMB Platinum's rewards-eligible categories are individually capped at S$20 cashback each, which may make it difficult for someone to max out the S$100 potential total. Citi Cash Back Card, on the other hand, offers 8% cashback capped at S$25 per category for dining, groceries and petrol–all of which are very common expenditure categories and which therefore, may be easier to max out by the average consumer.

Citi Prestige Card v. Standard Chartered Visa Infinite Card

  • Receive 100k+ bonus miles upfront for investing w/ SC Bank
  • Annual Fee:S$695.5
  • Promotions: Receive S$100 cash via PayNow (S$50 for existing customers) w/ our partnership with SGSaver
  • Read Our Full Review
Standard Chartered Visa Infinite X Credit Card has the highest welcome bonus on the market, with an astounding up to 300k KrisFlyer miles for those who place S$1.5mn fresh funds in a Priority Banking account and maintain this amount for 3 months, which is worth S$30k if redeemed for business or first class tickets (100k miles for $300k). This card is clearly designed for high income earners due to this benefit, which is the biggest highlight of the product.


SCVI X Card also offers a decent reward of 1.2 miles per S$1 spent locally and 2 miles spent overseas. In terms of other perks, cardholders receive 2 free lounge visits/year, plus free travel insurance, Hertz Asia rental privileges and discounted green fees throughout SE Asia. Its annual fee also tends to be quite high at S$695.5. Citi Prestige, however, offers unlimited lounge access and other bonuses, like free hotel nights and limo transfers. While SCVI X's bonus miles are much higher, Citi Prestige's travel perks may be more comprehensive.

Citi SMRT Card v. OCBC 365 Card
  • Promotion: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
OCBC 365 Card is an excellent option for average spenders looking for rebates on daily essentials. Cardholders earn up to 6% cashback on dining and 3% on groceries, transport, recurring bills and online travel. Even EZ-Link & Transitlink transactions are rewards eligible, though only at a 0.3% rate. There is a S$800 minimum spend requirement and cardholders can earn up to S$80/month. Finally, the S$192.6 fee is waived with S$10,000 annual spend.


Citi SMRT Card offers similar rebate rates–and in some cases, higher–but has no minimum spend requirement. While there are merchant restrictions, the card is far more accessible. However, higher spenders who can meet a higher minimum can also earn more with OCBC 365 Card, and even receive a fee-waiver. If you’re a lower or variable spender, you may prefer Citi SMRT Card, but if you’re shopping for a family, you may earn more with OCBC 365 Card.

Citi PremierMiles Card v. DBS Altitude Card
  • Promotion: S$220 cashback w/ promo code "SHOP220" via our partnership with SGSaver
DBS Altitude Visa Card is fairly similar to Citi PM Card. Both offer 1.2 miles per S$1 spend locally and 2 miles overseas, and both also have a S$192.6 annual fee. Both cards also offer 2 free lounge visits/year. These cards are differentiated in a few ways, however. DBS Altitude Cardholders can earn a fee-waiver with S$25,000 annual spend, and enjoy a few extra travel perks, like golfing privileges. Citi PM Card, on the other hand, offers 10,000 bonus renewal miles and has a stronger free travel insurance plan. Overall, you may prefer Citi PM Card if you want to earn extra bonus miles, or DBS Altitude Card if you want a fee-waiver.
Citi Rewards Card v. OCBC Titanium Rewards Card
  • Promotion: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
Like Citi Rewards Card, OCBC Titanium Rewards Card offers 4 miles per S$1 spend on fashion retail online, offline, locally and overseas. OCBC Titanium Card, however, also rewards online and offline spend with merchants like Amazon, Shopee, IKEA & more, allowing you to earn for a broad range of purchases. In addition, cardholders can earn a fee-waiver with S$10,000 annual spend. If you have broader retail shopping habits and want a no-fee card, you might prefer OCBC Titanium Card.
Citi Lazada Card v. HSBC Revolution Card
  • Promotion: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
HSBC Revolution Card offers a great way for consumers to earn miles both on local social spend as well as on online purchases. Cardholders earn 2 miles per S$1 on local dining & entertainment as well as on all online spend. This even includes online travel bookings and even bill-pay, which are often excluded by other cards. Even better, rewards are uncapped and consumers can earn a fee waiver with just S$12.5k annual spend. Many shopping cards, including Citi Lazada, either cap rewards or lack a fee-waiver (or in some cases, both). As a result, consumers who want a no-fee miles card with flexible rewards for online spend may prefer HSBC Revolution Card.
Citi Cash Back Card v. CIMB Platinum MasterCard
  • Promotion: Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo
CIMB Platinum MasterCard offers the highest rebate rate for food on the market–10% cashback on both dining worldwide. This rate also applies to transport, petrol, medical spend & more, making it an especially versatile card. There is a S$800 minimum spend requirement, which is slightly lower than Citi Cash Back Card's, and the earnings cap is a lofty S$100/month. Cardholders also never need to pay an annual fee.


While all of this may seem quite attractive, it's important to note that CIMB Platinum's rewards-eligible categories are individually capped at S$20 cashback each, which may make it difficult for someone to max out the S$100 potential total. Citi Cash Back Card, on the other hand, offers 8% cashback capped at S$25 per category for dining, groceries and petrol–all of which are very common expenditure categories and which therefore, may be easier to max out by the average consumer.

Citi Prestige Card v. Standard Chartered Visa Infinite Card
  • Promotion: Receive S$100 cash via PayNow (S$50 for existing customers) w/ our partnership with SGSaver
Standard Chartered Visa Infinite X Credit Card has the highest welcome bonus on the market, with an astounding up to 300k KrisFlyer miles for those who place S$1.5mn fresh funds in a Priority Banking account and maintain this amount for 3 months, which is worth S$30k if redeemed for business or first class tickets (100k miles for $300k). This card is clearly designed for high income earners due to this benefit, which is the biggest highlight of the product.


SCVI X Card also offers a decent reward of 1.2 miles per S$1 spent locally and 2 miles spent overseas. In terms of other perks, cardholders receive 2 free lounge visits/year, plus free travel insurance, Hertz Asia rental privileges and discounted green fees throughout SE Asia. Its annual fee also tends to be quite high at S$695.5. Citi Prestige, however, offers unlimited lounge access and other bonuses, like free hotel nights and limo transfers. While SCVI X's bonus miles are much higher, Citi Prestige's travel perks may be more comprehensive.

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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