Best Credit Cards for High Income Earners 2020

If you're a high income earner spending S$6–8k+ per month, typical cashback cards' earning caps will restrain your potential. On the other hand, the average travel card may not provide the luxury and comfort you seek. To make things easier, we've closely analysed 100+ credit cards in Singapore to identify the best unlimited and high-cap cashback cards, as well as miles-earning cards with the most exclusive perks.

Best Miles Credit Cards for High Income Earners
Best Unlimited Cashback Cards for High Income Earners
Best Credit Cards with Luxury Perks for High Income Earners
  • Citi Prestige: Unltd. lounge access, bonus hotel nights & more
  • Amex Platinum: Elite dining & lifestyle perks in SG
  • OCBC Voyage: Flexible miles redemption, boosted rewards for local dining
Best Credit Cards with Golf Privileges for High Income Earners
Best Credit Cards for High-Earning Business Travellers

Compare the Best Credit Cards for High Earners in Singapore 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.

A graph displaying how best credit cards for high income earners compare to one another in terms of their rewards
Best Miles Cards for High Income Earners Best Unltd Cashback Cards for High Earners Best Luxury Cards for High Earners Best Cards with Golf Perks for High Earners Best for High-Earning Business Travellers

Compare Best Credit Cards for High Income Earners 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.

A graph displaying how best credit cards for high income earners compare to one another in terms of their rewards

Best Miles Credit Cards for High Income Earners

If you're an affluent traveller looking to rapidly accrue miles, consider the cards below.

UOB PRVI Miles American Express Card: Rapid Miles for High Spenders

  • Up to 20k bonus miles & fee waiver w/ S$50k annual spend
  • Promotions: Receive S$150 cash credit w/ S$1.5k spend in 1st mo (first 400 sign-ups) via our partnership w/ SGSaver
  • Earn 3mi/S$1 on 1st S$5k spend online & on groceries, w/ S$2.5k min. spend
  • 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 the absolute best travel card on the market for affluent consumers looking to rapidly accrue miles for their spend. Cardholders earn top rates of 1.4 miles per S$1 local spend, 2.4 miles overseas, and 6 miles with hotels & airlines. These rates are on par with those of the priciest travel cards, but UOB PRVI Miles Card has a much lower annual fee, of S$256.8 (compared to S$400+).


Even better, spending S$50,000/year earns a fee waiver as well as 20,000 bonus miles (worth about S$200). This kind of offer is unparalleled by any other miles-earning card on the market. Beyond these benefits, consumers can also enjoy a few perks like free travel insurance and airport transfers. Ultimately, if you spend about S$4,200/month, UOB PRVI Miles Card can maximise miles for spend without any added cost.

  • Stand-Out: Up to 20k bonus miles & fee waiver w/ S$50k annual spend
  • Promotions: Receive S$150 cash credit w/ S$1.5k spend in 1st mo (first 400 sign-ups) via our partnership w/ SGSaver
  • Earn 3mi/S$1 on 1st S$5k spend online & on groceries, w/ S$2.5k min. spend
  • 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 the absolute best travel card on the market for affluent consumers looking to rapidly accrue miles for their spend. Cardholders earn top rates of 1.4 miles per S$1 local spend, 2.4 miles overseas, and 6 miles with hotels & airlines. These rates are on par with those of the priciest travel cards, but UOB PRVI Miles Card has a much lower annual fee, of S$256.8 (compared to S$400+).


Even better, spending S$50,000/year earns a fee waiver as well as 20,000 bonus miles (worth about S$200). This kind of offer is unparalleled by any other miles-earning card on the market. Beyond these benefits, consumers can also enjoy a few perks like free travel insurance and airport transfers. Ultimately, if you spend about S$4,200/month, UOB PRVI Miles Card can maximise miles for spend without any added cost.

Standard Chartered Visa Infinite X: Big Upfront Bonus for the Very Affluent

  • Receive S$6,000 cash reward for investing w/ SC Bank
  • Promotions: 35k welcome bonus miles
  • For every month you spend at least S$4,000, receive 2,000 bonus miles unti 31 Dec 2020
  • Read Our Full Review
  • Annual fee: S$695.5
  • 1.2 miles (3pts) per S$1 local spend, 2 miles (5pts) overseas
  • Points can also be redeemed as cashback or travel credits
  • 2 free lounge visits & free travel insurance
  • Hertz Asia rental car & exclusive hotel privileges
  • Discounted green fees at golf clubs in SE Asia
Standard Chartered Visa Infinite X Card provides the best welcome offer in the market for high income consumers. For those who can place S$300k in fresh funds in a Priority Banking Account within the 1st 3 months, this card provides a substantial 100,000 KrisFlyer miles welcome bonus, which is worth about S$10k when redeemed for business class tickets. Even wealthier consumers can earn up to 300k Krisflyer Miles by placing S$1.5m in a Priority Banking Account with Standard Chartered. Besides this welcome bonus, SC VI X Card provides a pretty standard set of rewards for high-end cards, like 1.2 miles and 2 miles earned per S$1 spent locally and overseas, 2 free lounge visits per year and discounted green fees at golf clubs in SE Asia.
  • Stand-Out: Receive S$6,000 cash reward for investing w/ SC Bank
  • Promotions: 35k welcome bonus miles
  • For every month you spend at least S$4,000, receive 2,000 bonus miles unti 31 Dec 2020
  • Read Our Full Review
  • Annual fee: S$695.5
  • 1.2 miles (3pts) per S$1 local spend, 2 miles (5pts) overseas
  • Points can also be redeemed as cashback or travel credits
  • 2 free lounge visits & free travel insurance
  • Hertz Asia rental car & exclusive hotel privileges
  • Discounted green fees at golf clubs in SE Asia
Standard Chartered Visa Infinite X Card provides the best welcome offer in the market for high income consumers. For those who can place S$300k in fresh funds in a Priority Banking Account within the 1st 3 months, this card provides a substantial 100,000 KrisFlyer miles welcome bonus, which is worth about S$10k when redeemed for business class tickets. Even wealthier consumers can earn up to 300k Krisflyer Miles by placing S$1.5m in a Priority Banking Account with Standard Chartered. Besides this welcome bonus, SC VI X Card provides a pretty standard set of rewards for high-end cards, like 1.2 miles and 2 miles earned per S$1 spent locally and overseas, 2 free lounge visits per year and discounted green fees at golf clubs in SE Asia.

Best Unlimited Cashback Credit Cards for High Income Earners

For high spenders, cashback caps can prove very limiting. These cards minimise such restraints and provide a way for affluent individuals to maximise their earnings potential.

Citi Cash Back+ Card: Highest Unltd. Flat Rebate Rate

  • Top unlimited flat cashback rate of 1.6%
  • Promotions: Free S$200 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 affluent consumers with a budget of at least S$6,000/month, Citi Cash Back+ Card is one of the best options for maximising cash rebate. This is the only card in the market that provides an impressive 1.6% rebate on all of your spending, with no restrictions like minimum spend requirement or cap on limit. Consumers who don't want to worry about monthly cap on rebates should appreciate this feature. Although Citi Cash Back+ Card doesn't provide an annual fee waiver or many other perks, it's worth noting that its unlimited rebate of 1.6% is higher than the 1.5% offered by most comparable cards and isn't limited just to Singapore, which is also the case with most of its competitors.
  • Stand-Out: Top unlimited flat cashback rate of 1.6%
  • Promotions: Free S$200 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 affluent consumers with a budget of at least S$6,000/month, Citi Cash Back+ Card is one of the best options for maximising cash rebate. This is the only card in the market that provides an impressive 1.6% rebate on all of your spending, with no restrictions like minimum spend requirement or cap on limit. Consumers who don't want to worry about monthly cap on rebates should appreciate this feature. Although Citi Cash Back+ Card doesn't provide an annual fee waiver or many other perks, it's worth noting that its unlimited rebate of 1.6% is higher than the 1.5% offered by most comparable cards and isn't limited just to Singapore, which is also the case with most of its competitors.

Standard Chartered Unlimited Cashback Card: Uncapped Rebates Worldwide

  • 1.5% unlimited cashback w/ no min. spend requirement
  • Promotions: Receive a Nespresso Pixie Electric Coffee Machine & Aeroccino Milk Frother (worth S$318) (via SingSaver)
  • S$50 Grab vouchers for existing customers
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver
  • Unlimited 1.5% cashback on all spend
If capped cashback cards are keeping you from your full earning potential, consider Standard Chartered Unlimited Cashback Card–perhaps the best of all unlimited cashback cards on the market. Cardholders earn at the fairly standard 1.5% flat rate with no minimum spend requirements and no earnings caps. However, SC Unlimited Cashback Card stands out by offering great transport benefits.


While competitors tend to stick to the basics, SC Unlimited Cashback Card is SimplyGo functional and offers cardholders up to 21% fuel savings at Caltex. Altogether, high spenders can enjoy more than just unlimited earning potential with SC Unlimited Cashback Card–they can also take advantage of a variety of transport benefits, whether they’re commuting, driving, or booking a private hire.

  • Stand-Out: 1.5% unlimited cashback w/ no min. spend requirement
  • Promotions: Receive a Nespresso Pixie Electric Coffee Machine & Aeroccino Milk Frother (worth S$318) (via SingSaver)
  • S$50 Grab vouchers for existing customers
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver
  • Unlimited 1.5% cashback on all spend
If capped cashback cards are keeping you from your full earning potential, consider Standard Chartered Unlimited Cashback Card–perhaps the best of all unlimited cashback cards on the market. Cardholders earn at the fairly standard 1.5% flat rate with no minimum spend requirements and no earnings caps. However, SC Unlimited Cashback Card stands out by offering great transport benefits.


While competitors tend to stick to the basics, SC Unlimited Cashback Card is SimplyGo functional and offers cardholders up to 21% fuel savings at Caltex. Altogether, high spenders can enjoy more than just unlimited earning potential with SC Unlimited Cashback Card–they can also take advantage of a variety of transport benefits, whether they’re commuting, driving, or booking a private hire.

American Express True Cashback Card: Limitless Cashback + Upfront Boost

  • 1.5% unlimited cashback, boosted to 3% for 1st 6mo
  • Promotions: Earn +1% cashback boost on foreign currency transactions (for 2.5% total rebate)
  • Welcome bonus of 3% cashback on up to S$5k spend in 1st 6mo
  • Receive S$80 CapitaVoucher w/ S$500 spend in 1st mo (new customers); existing customers receive S$40 voucher
  • Read Our Full Review
  • Annual fee: S$171.2, 1-year waiver
  • Unlimited 1.5% cashback on all spend
  • Free travel insurance & Amex Selects Privileges
American Express True Cashback Card stands out as an unlimited cashback card because while its base rate is a flat 1.5%, new cardholders earn at a boosted 3% level for their first 6 months, up to S$150. No competitor offers such a lucrative sign-on deal; in fact, alternative unlimited cards rarely come with special welcome rates at all. In addition, Amex True Cashback Card stands out for perks like Global Assist, American Express Selects, and True Cashback promotions–the last of which frequently offers wedding-related deals and discounts. For affluent consumers who feel limited by typical cashback earning caps, Amex True Cashback Card is one of the best options on the market.
  • Stand-Out: 1.5% unlimited cashback, boosted to 3% for 1st 6mo
  • Promotions: Earn +1% cashback boost on foreign currency transactions (for 2.5% total rebate)
  • Welcome bonus of 3% cashback on up to S$5k spend in 1st 6mo
  • Receive S$80 CapitaVoucher w/ S$500 spend in 1st mo (new customers); existing customers receive S$40 voucher
  • Read Our Full Review
  • Annual fee: S$171.2, 1-year waiver
  • Unlimited 1.5% cashback on all spend
  • Free travel insurance & Amex Selects Privileges
American Express True Cashback Card stands out as an unlimited cashback card because while its base rate is a flat 1.5%, new cardholders earn at a boosted 3% level for their first 6 months, up to S$150. No competitor offers such a lucrative sign-on deal; in fact, alternative unlimited cards rarely come with special welcome rates at all. In addition, Amex True Cashback Card stands out for perks like Global Assist, American Express Selects, and True Cashback promotions–the last of which frequently offers wedding-related deals and discounts. For affluent consumers who feel limited by typical cashback earning caps, Amex True Cashback Card is one of the best options on the market.

Maybank FC Barcelona Visa Signature: Unltd. Local Cashback

  • 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
If you’re an especially high spender with a mostly local budget, look no further than Maybank FC Barcelona Visa Signature Card.This card offers a higher unlimited cashback rate for local spend than any other on the market, at 1.6% (v. 1.5%). While the difference may seem small, it quickly adds up at the highest spend levels.


Maybank FC Barcelona Card only rewards overseas spend with 2 points per S$1 (equal to 0.8 miles, or about 0.8%), and therefore is best fit for local spenders. However, the card comes with a few unique sporting benefits that set it apart, including discounts of up to 10% off at official FC Barcelona stores. Cardholders even have the chance to win a trip to see FC Barcelona play live, with travel and accommodations included. Finally, Maybank FC Barcelona is one of the few unlimited cards with a fee-waiver; cardholders who spend S$10,000/year are exempt. Ultimately, this is the best card for very wealthy local spenders looking to maximise cashback.

  • 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
If you’re an especially high spender with a mostly local budget, look no further than Maybank FC Barcelona Visa Signature Card.This card offers a higher unlimited cashback rate for local spend than any other on the market, at 1.6% (v. 1.5%). While the difference may seem small, it quickly adds up at the highest spend levels.


Maybank FC Barcelona Card only rewards overseas spend with 2 points per S$1 (equal to 0.8 miles, or about 0.8%), and therefore is best fit for local spenders. However, the card comes with a few unique sporting benefits that set it apart, including discounts of up to 10% off at official FC Barcelona stores. Cardholders even have the chance to win a trip to see FC Barcelona play live, with travel and accommodations included. Finally, Maybank FC Barcelona is one of the few unlimited cards with a fee-waiver; cardholders who spend S$10,000/year are exempt. Ultimately, this is the best card for very wealthy local spenders looking to maximise cashback.

CIMB World MasterCard: Uncapped Cashback for Wealthy Socialites

  • Unlimited 1.5% rebate, boosted for leisure spend
  • Promotions: Receive S$50 cash credit w/ S$200 monthly spend for 1st 2mo
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
  • Unlimited 1.5% cashback on all other spend
  • 50% off green fees at select fairways in Asia
  • Free travel insurance, access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
If you’re an affluent socialite seeking cashback on leisure spend, CIMB World MasterCard is the best card available. Cardholders earn 2% unlimited cashback on wine & dine, entertainment, recreation, automobile & parking, petrol and spend at duty-free stores. General spend earns unlimited 1.5% cashback, which aligns with the market standard. In addition to these great rates, consumers also enjoy perks typically associated with travel cards, such as free travel insurance, lounge access and 50% off green fees at fairways across Asia. And, CIMB World Card is free forever. Ultimately, no other cashback card compares to CIMB World MasterCard for consumers with big social budgets.
  • Stand-Out: Unlimited 1.5% rebate, boosted for leisure spend
  • Promotions: Receive S$50 cash credit w/ S$200 monthly spend for 1st 2mo
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
  • Unlimited 1.5% cashback on all other spend
  • 50% off green fees at select fairways in Asia
  • Free travel insurance, access to MasterCard Airport Experiences
  • CIMB 0% Interest i.Pay Instalment Plan
If you’re an affluent socialite seeking cashback on leisure spend, CIMB World MasterCard is the best card available. Cardholders earn 2% unlimited cashback on wine & dine, entertainment, recreation, automobile & parking, petrol and spend at duty-free stores. General spend earns unlimited 1.5% cashback, which aligns with the market standard. In addition to these great rates, consumers also enjoy perks typically associated with travel cards, such as free travel insurance, lounge access and 50% off green fees at fairways across Asia. And, CIMB World Card is free forever. Ultimately, no other cashback card compares to CIMB World MasterCard for consumers with big social budgets.

OCBC 90°N Card: Unlimited Rewards, Cashback + Miles

  • Earn unlimited cashback & miles, no conversion fees
  • Promotions: Up to 10% off Expedia bookings
  • Apply with MyInfo and get instant approval and use of a digital card (via partnership with SingSaver)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • Renewal bonus: 10,000 Travel$ (worth 10,000 miles or S$100)
  • Miles Option: 1.2 miles per S$1 locally, 2.1 miles overseas
  • Cashback Option: 1.2% rebate locally, 2.1% overseas
  • No conversion fees & rewards never expire
  • Access to Mastercard Airport Experiences
OCBC 90°N Card is the most flexible unlimited rewards card, allowing cardholders to seamlessly redeem their earnings as cashback, miles or both. Consumers technically earn Travel$, each of which are equal to S$0.01 cash rebate or 1 air mile. As such, cardholders can earn the equivalent of 1.2% unlimited local cashback and 2.1% overseas, or 1.2 miles per S$1 locally and 2.1 miles overseas. In both cases, OCBC 90°N Card's overseas rate is quite competitive, beating out the industry's standard rate.


Perhaps most importantly, consumers can redeem their Travel$ without worrying about point devaluations (typical for cashback redemption) or conversion fees (often S$25+ per transfer). As such, it's easy to switch between miles and cashback depending on preference or needs. In the meantime, cardholders also enjoy discounted lounge access and a 10,000 annual Travel$ bonus (worth S$100 or 10k miles). Overall, affluent individuals interested in unlimited rewards–with the flexibility to change redemption type–should definitely consider OCBC 90°N Card.

  • Stand-Out: Earn unlimited cashback & miles, no conversion fees
  • Promotions: Up to 10% off Expedia bookings
  • Apply with MyInfo and get instant approval and use of a digital card (via partnership with SingSaver)
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • Renewal bonus: 10,000 Travel$ (worth 10,000 miles or S$100)
  • Miles Option: 1.2 miles per S$1 locally, 2.1 miles overseas
  • Cashback Option: 1.2% rebate locally, 2.1% overseas
  • No conversion fees & rewards never expire
  • Access to Mastercard Airport Experiences
OCBC 90°N Card is the most flexible unlimited rewards card, allowing cardholders to seamlessly redeem their earnings as cashback, miles or both. Consumers technically earn Travel$, each of which are equal to S$0.01 cash rebate or 1 air mile. As such, cardholders can earn the equivalent of 1.2% unlimited local cashback and 2.1% overseas, or 1.2 miles per S$1 locally and 2.1 miles overseas. In both cases, OCBC 90°N Card's overseas rate is quite competitive, beating out the industry's standard rate.


Perhaps most importantly, consumers can redeem their Travel$ without worrying about point devaluations (typical for cashback redemption) or conversion fees (often S$25+ per transfer). As such, it's easy to switch between miles and cashback depending on preference or needs. In the meantime, cardholders also enjoy discounted lounge access and a 10,000 annual Travel$ bonus (worth S$100 or 10k miles). Overall, affluent individuals interested in unlimited rewards–with the flexibility to change redemption type–should definitely consider OCBC 90°N Card.

HSBC Advance Card: Top Flat Rebate for Affluent Advance Customers

  • Up to 3.5% flat cashback, lofty S$125/month rewards cap
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 in Grab rides
  • Read Our Full Review
  • Annual fee: S$192.6, waived for Advance banking customers
  • Up to 3.5% flat rebate for Advance customers (2.5% for others)
  • Up to 16% fuel savings with Caltex, 14% with Shell
HSBC Advance Card offers consumers spending S$3,500/month the opportunity to earn an incredible S$1,500/year–the highest potential earning value on the market for capped cashback cards. Consumers with an HSBC Advance banking account can earn 3.5% flat rebate after S$2,000 minimum spend (2.5% if below), up to S$125/month. They’re also exempt from an annual fee, making this card both profitable and extremely low maintenance.


Non-Advance customers, however, earn 2.5% flat rebate after S$2,000 spend (1.5% if below), up to S$70/month. These rates are less competitive. In addition, non-Advance customers must pay a S$192.6 annual fee (though it can be waived with S$12,500 annual spend).

Overall, this card is perfect for higher spenders with an Advance account because while there’s a monthly cap, it’s very high, and the rebate rate is more than double that offered by unlimited cashback cards. Ultimately, it’s worth checking to see if you qualify for an HSBC account, because HSBC Advance Card offers an exceptional way to quickly maximise spend, with fewer restraints than other cashback cards.

  • Stand-Out: Up to 3.5% flat cashback, lofty S$125/month rewards cap
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 in Grab rides
  • Read Our Full Review
  • Annual fee: S$192.6, waived for Advance banking customers
  • Up to 3.5% flat rebate for Advance customers (2.5% for others)
  • Up to 16% fuel savings with Caltex, 14% with Shell
HSBC Advance Card offers consumers spending S$3,500/month the opportunity to earn an incredible S$1,500/year–the highest potential earning value on the market for capped cashback cards. Consumers with an HSBC Advance banking account can earn 3.5% flat rebate after S$2,000 minimum spend (2.5% if below), up to S$125/month. They’re also exempt from an annual fee, making this card both profitable and extremely low maintenance.


Non-Advance customers, however, earn 2.5% flat rebate after S$2,000 spend (1.5% if below), up to S$70/month. These rates are less competitive. In addition, non-Advance customers must pay a S$192.6 annual fee (though it can be waived with S$12,500 annual spend).

Overall, this card is perfect for higher spenders with an Advance account because while there’s a monthly cap, it’s very high, and the rebate rate is more than double that offered by unlimited cashback cards. Ultimately, it’s worth checking to see if you qualify for an HSBC account, because HSBC Advance Card offers an exceptional way to quickly maximise spend, with fewer restraints than other cashback cards.

Best Credit Cards with Luxury Perks for High-Earners

If you’re an affluent consumer and don’t mind paying a high fee for elite privileges, you may be interested in these cards.

Citi Prestige MasterCard: Exclusive Global Perks & Privileges

  • Unltd lounge access, free travel insurance & bonus hotel nights
  • Promotions: Free S$200 cash via PayNow (new customers)
  • 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 the absolute best travel card on the market for luxury travel benefits. Cardholders enjoy unlimited airport lounge access, free bonus hotel nights, complimentary limo transfers, access to JetQuay, golfing privileges, free travel insurance and so much more. In addition, cardholders earn top rewards rates of 1.3 miles per S$1 locally and 2 miles overseas, plus an annual bonus of up to 30% based on tenure of relationship with Citibank. As if that weren’t enough, cardholders receive 25,000 bonus renewal miles per year (worth S$250), which substantially offset the S$535 fee. Finally, cardholders can earn miles for spend on taxes, rent, recurring bills and more when paying through Citi PayAll. Overall, while expensive, Citi Prestige Card more than makes up for its cost with the value of its luxury benefits and top rewards rates.
  • Stand-Out: Unltd lounge access, free travel insurance & bonus hotel nights
  • Promotions: Free S$200 cash via PayNow (new customers)
  • 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 the absolute best travel card on the market for luxury travel benefits. Cardholders enjoy unlimited airport lounge access, free bonus hotel nights, complimentary limo transfers, access to JetQuay, golfing privileges, free travel insurance and so much more. In addition, cardholders earn top rewards rates of 1.3 miles per S$1 locally and 2 miles overseas, plus an annual bonus of up to 30% based on tenure of relationship with Citibank. As if that weren’t enough, cardholders receive 25,000 bonus renewal miles per year (worth S$250), which substantially offset the S$535 fee. Finally, cardholders can earn miles for spend on taxes, rent, recurring bills and more when paying through Citi PayAll. Overall, while expensive, Citi Prestige Card more than makes up for its cost with the value of its luxury benefits and top rewards rates.

American Express Platinum Credit Card: Elite Local Privileges

  • Exclusive local lifestyle & dining perks
  • Promotions: Receive 13,750 miles (25k pts) w/ S$6k spend in 1st 3 mo
  • Receive 13,750 miles (25k pts) w/ another S$6k spend in following 3 mo
  • Get S$150 GrabFood vouchers (via partnership w/SingSaver)
  • Read Our Full Review
  • Annual fee: S$321
  • 0.69 miles (1.25 pts) per S$1 spend
  • Up to 3.44 miles (6.25 pts) per S$1 spend w/ Platinum EXTRA Partners
  • No conversion fees
  • Dining Perks: Love Dining, Amex Selects & Chillax programme
  • Lifestyle Perks: Platinum Wellness spa privileges & complimentary green fees
American Express Platinum Card is one of the best luxury cards for affluent Singaporeans interested primarily in local perks. Cardholders enjoy a myriad of privileges, including exclusive Amex-driven dining perks: up to 50% off hotel buffets & more through the Love Dining programme, free items and discounts at over 400 specialty restaurants with Taste from Amex Invites, and additional privileges through Amex Global Dining. Cardholders also have access to lifestyle and health & wellness perks, such as spa discounts with Platinum Wellness and complimentary green fees.


While Amex Platinum is a particularly perks-driven card, consumers still have the opportunity to earn rewards for their spend. Cardholders earn 0.69 miles (1.25 pts) per S$1 general spend, boosted to 3.44 miles (6.25 pts) with select boutiques and luxury vendors. However, there is a S$321 annual fee, so cardholders are most likely to benefit if they take full advantage of all of its value-adding privileges.

  • Stand-Out: Exclusive local lifestyle & dining perks
  • Promotions: Receive 13,750 miles (25k pts) w/ S$6k spend in 1st 3 mo
  • Receive 13,750 miles (25k pts) w/ another S$6k spend in following 3 mo
  • Get S$150 GrabFood vouchers (via partnership w/SingSaver)
  • Read Our Full Review
  • Annual fee: S$321
  • 0.69 miles (1.25 pts) per S$1 spend
  • Up to 3.44 miles (6.25 pts) per S$1 spend w/ Platinum EXTRA Partners
  • No conversion fees
  • Dining Perks: Love Dining, Amex Selects & Chillax programme
  • Lifestyle Perks: Platinum Wellness spa privileges & complimentary green fees
American Express Platinum Card is one of the best luxury cards for affluent Singaporeans interested primarily in local perks. Cardholders enjoy a myriad of privileges, including exclusive Amex-driven dining perks: up to 50% off hotel buffets & more through the Love Dining programme, free items and discounts at over 400 specialty restaurants with Taste from Amex Invites, and additional privileges through Amex Global Dining. Cardholders also have access to lifestyle and health & wellness perks, such as spa discounts with Platinum Wellness and complimentary green fees.


While Amex Platinum is a particularly perks-driven card, consumers still have the opportunity to earn rewards for their spend. Cardholders earn 0.69 miles (1.25 pts) per S$1 general spend, boosted to 3.44 miles (6.25 pts) with select boutiques and luxury vendors. However, there is a S$321 annual fee, so cardholders are most likely to benefit if they take full advantage of all of its value-adding privileges.

OCBC Voyage: Luxury Perks + Boost for Local Dining

OCBC Voyage Card
OCBC Voyage Card
  • Boosted miles rewards for local dining spend
  • Promotions: Receive 15,000 annual bonus miles
  • Read Our Full Review
  • Annual fee: S$488
  • 1.2 miles per S$1 local spend, 1.6 miles local dining, 2.3 miles overseas
  • Unlimited lounge access, free limo transfers, golfing privileges
  • Free travel insurance & global concierge service
OCBC Voyage Card is the best miles-earning card for affluent consumers with a shifting travel schedule. Cardholders earn 2.3 miles per S$1 overseas, 1.2 miles locally, and 1.6 miles on local dining–a unique boost unavailable with other cards. In addition, cardholders can redeem their miles with no conversion fees and without black-out dates, making OCBC Voyage Card especially flexible.


While OCBC Voyage Card has a rather high S$488 fee, it also comes with a variety of luxury travel privileges that make up for this cost. Cardholders receive unlimited lounge access, complimentary limo transfers, free travel insurance, golfing privileges across SE Asia and more. Most cards offering these perks come with even higher fees. Ultimately, OCBC Voyage Card provides affluent travellers with great flexibility both in earning and redeeming miles, plus access to top-notch perks.

OCBC Voyage Card
OCBC Voyage Card
  • Stand-Out: Boosted miles rewards for local dining spend
  • Promotions: Receive 15,000 annual bonus miles
  • Read Our Full Review
  • Annual fee: S$488
  • 1.2 miles per S$1 local spend, 1.6 miles local dining, 2.3 miles overseas
  • Unlimited lounge access, free limo transfers, golfing privileges
  • Free travel insurance & global concierge service
OCBC Voyage Card is the best miles-earning card for affluent consumers with a shifting travel schedule. Cardholders earn 2.3 miles per S$1 overseas, 1.2 miles locally, and 1.6 miles on local dining–a unique boost unavailable with other cards. In addition, cardholders can redeem their miles with no conversion fees and without black-out dates, making OCBC Voyage Card especially flexible.


While OCBC Voyage Card has a rather high S$488 fee, it also comes with a variety of luxury travel privileges that make up for this cost. Cardholders receive unlimited lounge access, complimentary limo transfers, free travel insurance, golfing privileges across SE Asia and more. Most cards offering these perks come with even higher fees. Ultimately, OCBC Voyage Card provides affluent travellers with great flexibility both in earning and redeeming miles, plus access to top-notch perks.

Best Credit Cards for High Earners with Golfing Privileges

Affluent golfers can access no-fee privileges with the following cards.

CIMB Visa Infinite Card: Uncapped Cashback for Affluent Travellers

  • Unltd. travel & overseas cashback plus lounge & waived green fees
  • Promotions: Receive S$50 cash credit w/ S$200 monthly spend for 1st 2mo
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses & overseas spend
  • Unlimited 1% cashback on all other spend
  • Free travel insurance, 3x lounge access, discounted limo transfers
  • Complimentary green fees at 108 fairways across 16 countries
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Visa Infinite Card is the best no-fee unlimited cashback card for wealthy travellers–especially those who like to golf. While direct competitors offer between 0.8% to 1.5% unlimited rebate, CIMB Visa Infinite offers 1% flat cashback on general spend and 2% on all travel, overseas, and foreign currency transactions. Cardholders must spend at least S$2,000 to access the 2% rate, but for affluent consumers this isn’t a stretch. In addition, CIMB Visa Infinite Card comes with perks usually associated with travel cards, like free travel insurance, lounge access, and discounted limo transfers. Cardholders can also enjoy waived green fees at 108 fairways worldwide. And, above all, CIMB Visa Infinite Card is free forever. If you’re a high-spending traveller who prefers cashback to miles, look no further than CIMB Visa Infinite Card.
  • Stand-Out: Unltd. travel & overseas cashback plus lounge & waived green fees
  • Promotions: Receive S$50 cash credit w/ S$200 monthly spend for 1st 2mo
  • Read Our Full Review
  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses & overseas spend
  • Unlimited 1% cashback on all other spend
  • Free travel insurance, 3x lounge access, discounted limo transfers
  • Complimentary green fees at 108 fairways across 16 countries
  • CIMB 0% Interest i.Pay Instalment Plan
CIMB Visa Infinite Card is the best no-fee unlimited cashback card for wealthy travellers–especially those who like to golf. While direct competitors offer between 0.8% to 1.5% unlimited rebate, CIMB Visa Infinite offers 1% flat cashback on general spend and 2% on all travel, overseas, and foreign currency transactions. Cardholders must spend at least S$2,000 to access the 2% rate, but for affluent consumers this isn’t a stretch. In addition, CIMB Visa Infinite Card comes with perks usually associated with travel cards, like free travel insurance, lounge access, and discounted limo transfers. Cardholders can also enjoy waived green fees at 108 fairways worldwide. And, above all, CIMB Visa Infinite Card is free forever. If you’re a high-spending traveller who prefers cashback to miles, look no further than CIMB Visa Infinite Card.

Maybank World MasterCard: Best Miles Card for Golfing Privileges

  • 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
If you prioritise golf perks and would like to earn miles, Maybank World MasterCard is simply the best card for you. Cardholders receive 2 free green fees per month at 120 fairways across 25 countries–no other card offers such a comprehensive set of privileges. In addition, cardholders receive free travel insurance and airport lounge access. In terms of rewards, each S$1 spend with select dining and luxury retail merchants earns 10 points (4 miles). Cardholders can even earn a fee-waiver with S$24,000 annual spend. Ultimately, Maybank World MasterCard is the best miles-earning card for golfers, with extra rewards for luxury spend.
  • 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
If you prioritise golf perks and would like to earn miles, Maybank World MasterCard is simply the best card for you. Cardholders receive 2 free green fees per month at 120 fairways across 25 countries–no other card offers such a comprehensive set of privileges. In addition, cardholders receive free travel insurance and airport lounge access. In terms of rewards, each S$1 spend with select dining and luxury retail merchants earns 10 points (4 miles). Cardholders can even earn a fee-waiver with S$24,000 annual spend. Ultimately, Maybank World MasterCard is the best miles-earning card for golfers, with extra rewards for luxury spend.

Best Credit Cards for Affluent Business Travellers

We’ve selected the best cards on the market for business travellers in terms of comfort & convenience, high overseas rewards rates, and a few added benefits (like rewards for banking).

HSBC Visa Infinite: Best Travel Card for Airport Perks

HSBC Infinite Visa Card
HSBC Infinite Visa Card
  • Airport perks like expedited immigration clearance & unltd lounge
  • Promotions: Receive up to 35,000 welcome miles on approval
  • Annual fee: S$650 (S$488 for HSBC Premier customers)
  • 1st Year: 1 mile per S$1 local spend, 2 miles overseas
  • Thereafter: 1.25 miles per S$1 local spend, 2.25 miles overseas (with S$50k annual spend)
  • Unltd lounge, travel insurance, golfing privileges, & free limo transfers
  • Expedited immigration clearance (1x/S$2,000 spend, up to 24x/year)
HSBC Visa Infinite Card stands out first and foremost for its exceptional airport benefits, making it one of the best cards for affluent business travellers. While rewards rates are rather low for a travel card (1 mile per S$1 locally & 2 miles overseas during 1st year, 1.25 locally & 2.25 overseas subsequently with S$50,000 annual spend), cardholders can enjoy unique perks like expedited immigration clearance. Cardholders also receive unlimited lounge access, free limo transfers and travel insurance, making travel far more comfortable and convenient. While there’s a remarkably high S$650 fee, it’s discounted to S$488 for HSBC Premier customers and may well be worth it for its premium perks for frequent travellers.
HSBC Infinite Visa Card
HSBC Infinite Visa Card
  • Stand-Out: Airport perks like expedited immigration clearance & unltd lounge
  • Promotions: Receive up to 35,000 welcome miles on approval
  • Annual fee: S$650 (S$488 for HSBC Premier customers)
  • 1st Year: 1 mile per S$1 local spend, 2 miles overseas
  • Thereafter: 1.25 miles per S$1 local spend, 2.25 miles overseas (with S$50k annual spend)
  • Unltd lounge, travel insurance, golfing privileges, & free limo transfers
  • Expedited immigration clearance (1x/S$2,000 spend, up to 24x/year)
HSBC Visa Infinite Card stands out first and foremost for its exceptional airport benefits, making it one of the best cards for affluent business travellers. While rewards rates are rather low for a travel card (1 mile per S$1 locally & 2 miles overseas during 1st year, 1.25 locally & 2.25 overseas subsequently with S$50,000 annual spend), cardholders can enjoy unique perks like expedited immigration clearance. Cardholders also receive unlimited lounge access, free limo transfers and travel insurance, making travel far more comfortable and convenient. While there’s a remarkably high S$650 fee, it’s discounted to S$488 for HSBC Premier customers and may well be worth it for its premium perks for frequent travellers.

Standard Chartered Visa Infinite: Miles for Overseas & Tax-Pay

Standard Chartered Visa infinite Credit Card
Standard Chartered Visa infinite Credit Card
  • Up to 3mi/S$1 overseas, earn rewards for tax payments
  • Promotions: Receive up to 35,000 welcome miles
  • Read Our Full Review
  • Annual fee: S$588.5
  • 1.4 miles per S$1 local spend, 3 miles overseas (S$2,000 min spend)
  • 35,000 welcome miles (worth S$350)
  • Tax payments are eligible for rewards points
  • Free travel insurance, 6x lounge access, 1 free 4hr yacht hire
  • Hertz Asia Privileges, Golfing/Dining/Hotel Privileges
Standard Chartered Visa Infinite Card is perfect for affluent business travellers because it not only offers the best rewards rates on the market–1.4 miles per S$1 local spend, 3 miles overseas–it also rewards banking activity. While almost all other cards exclude banking transactions, SC Visa Infinite Card actively rewards cardholders for income tax payments, fixed deposits, investments, savings accounts, mortgage loans and more.


Another SC Visa Infinite Card benefit is access to top-notch travel perks. Cardholders are given a free yacht hire, 6 airport lounge visits per year, free travel insurance, Hertz Asia privileges, regional golfing privileges and more. While there’s a S$588.5 fee, these perks balance the cost. In addition, new cardmembers receive 35,000 welcome miles (worth S$350) which further offset cost. Ultimately, SC Visa Infinite Card is the best option on the market for business travellers with high overseas spend, especially for those seeking rewards for banking activity.

Standard Chartered Visa infinite Credit Card
Standard Chartered Visa infinite Credit Card
  • Stand-Out: Up to 3mi/S$1 overseas, earn rewards for tax payments
  • Promotions: Receive up to 35,000 welcome miles
  • Read Our Full Review
  • Annual fee: S$588.5
  • 1.4 miles per S$1 local spend, 3 miles overseas (S$2,000 min spend)
  • 35,000 welcome miles (worth S$350)
  • Tax payments are eligible for rewards points
  • Free travel insurance, 6x lounge access, 1 free 4hr yacht hire
  • Hertz Asia Privileges, Golfing/Dining/Hotel Privileges
Standard Chartered Visa Infinite Card is perfect for affluent business travellers because it not only offers the best rewards rates on the market–1.4 miles per S$1 local spend, 3 miles overseas–it also rewards banking activity. While almost all other cards exclude banking transactions, SC Visa Infinite Card actively rewards cardholders for income tax payments, fixed deposits, investments, savings accounts, mortgage loans and more.


Another SC Visa Infinite Card benefit is access to top-notch travel perks. Cardholders are given a free yacht hire, 6 airport lounge visits per year, free travel insurance, Hertz Asia privileges, regional golfing privileges and more. While there’s a S$588.5 fee, these perks balance the cost. In addition, new cardmembers receive 35,000 welcome miles (worth S$350) which further offset cost. Ultimately, SC Visa Infinite Card is the best option on the market for business travellers with high overseas spend, especially for those seeking rewards for banking activity.

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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