Best Credit Cards in Singapore 2020

Selecting the best credit card for you is largely based on the size of your monthly budget as well as your overall spending behaviour. To make the decision process easier and more productive, we've analysed 100+ of Singapore's most competitive credit cards and identified the best options for different spend levels and lifestyles.

Best Credit Cards for Cashback:
Best Credit Cards for Air Miles:
  • DBS Altitude: Fee-waiver & perks like lounge access
  • Citi PMV: Up to 21,000 welcome & 10,000 renewal miles
  • KrisFlyer UOB: 3mi/S$1 on dining, transport, shopping & travel
  • UOB PRVI Miles: Fee-Waiver + 20k bonus miles, 2.4 miles per $1 overseas
Best Credit Cards with No Annual Fee:
  • OCBC 365: Rebates on essentials with easy fee-waiver
  • Maybank Horizon: Market-leading 3.2 miles per S$1 select local spend
Best Credit Cards for High-Income Individuals:
Best Credit Cards with 0% Interest Instalment Plans:
Best Credit Cards for Young Adults:
  • OCBC Frank: Up to 6% rebate for FX, online, and mobile purchases, low S$600 min. spend requirement
  • UOB YOLO: Up to 8% rebate on weekend dining, entertainment, Grab & more
  • Citi SMRT: Everyday rebates + no minimum spend requirement
  • Citi Lazada: Up to 4 miles per S$1 spend on Lazada

How We Compare the Best 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, which is why we've selected different cards for different needs. We also weigh intangible benefits like ease of use, free travel insurance and airport lounge access that are valuable but difficult to quantify.

A graph displaying how best rewards credit cards compare to one another in terms of their rewards
Best Credit Cards in Singapore by Estimated 2-Year Dollar Value

Best Credit Cards for Cashback:

Best Credit Cards for Air Miles: Best Credit Cards with No Annual Fee: Best Credit Cards for High-Income Individuals: Best Credit Cards with 0% Interest Instalment Plans: Best Credit Cards for Young Adults:

How We Compare the Best 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, which is why we've selected different cards for different needs. We also weigh intangible benefits like ease of use, free travel insurance and airport lounge access that are valuable but difficult to quantify.

A graph displaying how best rewards credit cards compare to one another in terms of their rewards
Best Credit Cards in Singapore by Estimated 2-Year Dollar Value

Best Cashback Credit Cards in Singapore

Cashback cards are straightforward and easy-to-use, and rewards can offset your monthly bill.

UOB One Credit Card: Highest Flat Rebate Card

  • Up to 5% rebate on all spend, S$300/quarter
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • Bonus +5% rebate (up to 10%) on Grab & UOB Travel Planner
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 5% rebate on general spend, up to S$300/quarter (S$2,000 min spend)
  • Up to 10% on Grab & select UOB travel, 6% on utilities bills
  • 3.33% rebate, up to S$100/quarter (S$1,000 min spend)
  • 3.33% rebate, up to S$50/quarter (S$500 min spend)
  • UOB SMART$ Rebate Programm
If you have a consistent budget, you may be able to maximise earnings on all spend with UOB One Card. Cardholders earn 5% rebate on all purchases if they spend S$2k/month for 3 months in a row), boosted to 10% on Grab transactions and 6% on recurring bills. This quarterly system is beneficial for those with stable spending, but people with lower spend–or who are inconsistent from month to month–will earn somewhat less. Spending S$1k/month or S$500k/month for the quarter earns 3.33% rebate, up to S$100/quarter or S$50/quarter respectively. Nonetheless, all cardholders can benefit from UOB SMART$ Rebate Programme, which supplement cashback with additional savings and discounts.
  • Stand-Out: Up to 5% rebate on all spend, S$300/quarter
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • Bonus +5% rebate (up to 10%) on Grab & UOB Travel Planner
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 5% rebate on general spend, up to S$300/quarter (S$2,000 min spend)
  • Up to 10% on Grab & select UOB travel, 6% on utilities bills
  • 3.33% rebate, up to S$100/quarter (S$1,000 min spend)
  • 3.33% rebate, up to S$50/quarter (S$500 min spend)
  • UOB SMART$ Rebate Programme
If you have a consistent budget, you may be able to maximise earnings on all spend with UOB One Card. Cardholders earn 5% rebate on all purchases if they spend S$2k/month for 3 months in a row), boosted to 10% on Grab transactions and 6% on recurring bills. This quarterly system is beneficial for those with stable spending, but people with lower spend–or who are inconsistent from month to month–will earn somewhat less. Spending S$1k/month or S$500k/month for the quarter earns 3.33% rebate, up to S$100/quarter or S$50/quarter respectively. Nonetheless, all cardholders can benefit from UOB SMART$ Rebate Programme, which supplement cashback with additional savings and discounts.

POSB Everyday Card: Rebates on Essentials + SimplyGo/ABT

  • Promotional rebates of up to 15% in key spend categories
  • Promotions: S$200 cashback with no minimum spend using promo code "DBSFLASH" (must make 1 transaction)
  • 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
  • 15% rebate on online food delivery, 5% dining, 5% groceries at Sheng Siong
  • 3% rebate on personal care at Watsons
  • 1% rebate on recurring bills with select merchants (capped at S$1/month)
  • SimplyGo/ABT capabilities for public transit fares
If you're interested in high promotional rebates on daily essentials, consider POSB Everyday Card. Cardholders can earn high rates ranging up to 15% rebate even, in categories such as online food delivery, dining, groceries, transport, personal care and recurring bills. While these rates change, they typically reward everyday purchases. Higher rebates require hitting a Personalised Spend Goal which is based on individual spending behaviour and assigned by POSB.


It's worth noting that many of POSB Everyday Card's rewards-eligible categories are merchant-limited, which may be inconvenient for some. Nonetheless, the card has SimplyGo/ABT capabilities and can be used to pay public transit fares, eliminating the need for top-ups. Ultimately, POSB Everyday Card is a great match for the average consumer seeking rebates on essentials and transport perks.

  • Stand-Out: Promotional rebates of up to 15% in key spend categories
  • Promotions: S$200 cashback with no minimum spend using promo code "DBSFLASH" (must make 1 transaction)
  • 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
  • 15% rebate on online food delivery, 5% dining, 5% groceries at Sheng Siong
  • 3% rebate on personal care at Watsons
  • 1% rebate on recurring bills with select merchants (capped at S$1/month)
  • SimplyGo/ABT capabilities for public transit fares
If you're interested in high promotional rebates on daily essentials, consider POSB Everyday Card. Cardholders can earn high rates ranging up to 15% rebate even, in categories such as online food delivery, dining, groceries, transport, personal care and recurring bills. While these rates change, they typically reward everyday purchases. Higher rebates require hitting a Personalised Spend Goal which is based on individual spending behaviour and assigned by POSB.


It's worth noting that many of POSB Everyday Card's rewards-eligible categories are merchant-limited, which may be inconvenient for some. Nonetheless, the card has SimplyGo/ABT capabilities and can be used to pay public transit fares, eliminating the need for top-ups. Ultimately, POSB Everyday Card is a great match for the average consumer seeking rebates on essentials and transport perks.

Maybank Family & Friends MasterCard: Top Rebates in Singapore & Malaysia

  • Best for rebates in SG & MY w/ S$500 min. 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 then w/ S$12k annual spend
  • Up to 8% rebate on fast food & food delivery, groceries, transport, petrol & online TV streaming in Singapore & Malaysia, after S$800 min spend (5% rebate with S$500 min spend)
  • 0.3% rebate all other spend
Maybank Family & Friends Card offers a great way for average and lower spenders to maximise rewards on local or regional spend. Cardholders earn 5% rebate on fast food & food delivery, groceries, transport, petrol, data communications/online TV streaming & more after S$500 minimum spend, or 8% with S$800 minimum spend. Even more, consumers can max out rewards at S$80/month with just S$1k monthly spend. This spend level would not only earn S$960/year, but also qualify for a fee-waiver: the S$180.0 fee is waived 3 years, and then with S$12k annual spend. Rewards rates are limited to spend in Singapore & Malaysia, but there are nearly no merchant restrictions making the card easy and convenient to use.
  • Stand-Out: Best for rebates in SG & MY w/ S$500 min. 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 then w/ S$12k annual spend
  • Up to 8% rebate on fast food & food delivery, groceries, transport, petrol & online TV streaming in Singapore & Malaysia, after S$800 min spend (5% rebate with S$500 min spend)
  • 0.3% rebate all other spend
Maybank Family & Friends Card offers a great way for average and even lower spenders to maximise rewards on local or regional spend. Cardholders earn 5% rebate on fast food & food delivery, groceries, transport, petrol, data communications/online TV streaming & more after S$500 minimum spend, or 8% with S$800 minimum spend.


Even more, consumers can max out rewards at S$80/month with just S$1k monthly spend. This spend level would not only earn S$960/year, but also qualify for a fee-waiver: the S$180.0 fee is waived 3 years, and subsequently with S$12k annual spend. Rewards rates are limited to spend in Singapore & Malaysia, but there are nearly no merchant restrictions making the card easy and convenient to use.

Best Miles Credit Cards in Singapore

Frequent travellers can benefit from the perks and high miles rewards rates of these travel cards.

DBS Altitude Visa Card: Affordable Perks w/ Fee-Waiver

  • Free lounge access & golf privileges, waivable fee
  • Promotions: S$200 cashback w/ promo code "DBSFlash" (must make 1 transaction)
  • Or receive 38,000 miles by entering code "ALTAF" or "DBSALT" in your application
  • 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)
DBS Altitude Visa Card stands out as one of the most affordable travel cards that offers both high miles rates as well as luxury perks. Cardholders enjoy 1.2 miles per S$1 local spend, 2 miles overseas, and 3 miles for online travel bookings–and miles earned never expire. Even better, consumers receive 2 free lounge visits annually plus dining and golfing privileges. Cardholders even receive comprehensive free travel insurance. The already reasonable S$192.6 fee is waived with S$25k annual spend, making DBS Altitude Visa a great card for average travellers seeking affordable perks.
  • Stand-Out: Free lounge access & golf privileges, waivable fee
  • Promotions: S$200 cashback w/ promo code "DBSFlash" (must make 1 transaction)
  • Or receive 38,000 miles by entering code "ALTAF" or "DBSALT" in your application
  • 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)
DBS Altitude Visa Card stands out as one of the most affordable travel cards that offers both high miles rates as well as luxury perks. Cardholders enjoy 1.2 miles per S$1 local spend, 2 miles overseas, and 3 miles for online travel bookings–and miles earned never expire. Even better, consumers receive 2 free lounge visits annually plus dining and golfing privileges. Cardholders even receive comprehensive free travel insurance. The already reasonable S$192.6 fee is waived with S$25k annual spend, making DBS Altitude Visa a great card for average travellers seeking affordable perks.

Citi PremierMiles Visa Card: Yearly Bonus Miles + Free Lounge Access

  • Earn 2mi/S$1 overseas, 2 free lounge visits/yr
  • Promotions: New cardholders get a set of Airpods Pro (worth S$379) or S$300 upon activating and spending within 60 days of approval
  • S$30 cash via PayNow (existing customers)
  • 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
Travellers who want to enjoy great travel perks without having to pay a high annual fee may want to consider Citi PremierMiles Visa Card. Consumers earn 2 miles per S$1 spend overseas and 1.2 miles locally, which is reasonably competitive. Citi PMV Card stands out, however, by offering perks like 2 free lounge visits annually and complimentary travel insurance, plus a bonus 21,000 miles upon sign-up and 10,000 yearly renewal miles. Many travel cards that offer luxury benefits and bonus miles charge annual fees of S$400+. Citi PMV Card, on the other hand, costs just S$192.6, which is waived the 1st year. Ultimately, average consumers looking for an affordable travel card with extra perks should definitely consider Citi PMV Card.
  • Stand-Out: Earn 2mi/S$1 overseas, 2 free lounge visits/yr
  • Promotions: New cardholders get a set of Airpods Pro (worth S$379) or S$300 upon activating and spending within 60 days of approval
  • S$30 cash via PayNow (existing customers)
  • 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
Travellers who want to enjoy great travel perks without having to pay a high annual fee may want to consider Citi PremierMiles Visa Card. Consumers earn 2 miles per S$1 spend overseas and 1.2 miles locally, which is reasonably competitive. Citi PMV Card stands out, however, by offering perks like 2 free lounge visits annually and complimentary travel insurance, plus a bonus 21,000 miles upon sign-up and 10,000 yearly renewal miles. Many travel cards that offer luxury benefits and bonus miles charge annual fees of S$400+. Citi PMV Card, on the other hand, costs just S$192.6, which is waived the 1st year. Ultimately, average consumers looking for an affordable travel card with extra perks should definitely consider Citi PMV Card.

KrisFlyer UOB Credit Card: Miles for SIA-Loyal Millennials

  • Boosted everyday miles w/ SIA perks & privileges
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • New and existing cardholders will get S$20 cash upon approval
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 3 mi/S$1 spend on SIA brands (SIA, SilkAir, Scoot, KrisShop)
  • 3 mi/S$1 on dining, transport, online shopping & travel bookings w/ S$500 min. SIA spend/yr
  • 1.2 mi/S$1 on general spend
  • 10,000 annual renewal miles
  • Scoot privileges, KrisShop rebate, fast-track to KF Elite Silver & more
If you're a young, frequent traveller and don't mind committing to a single airline, KrisFlyer UOB Card may be the best option for you. Cardholders earn 3 miles per S$1 spend with SIA brands (SIA, SilkAir, Scoot, KrisShop) and 1.2 miles per S$1 on general local and overseas purchases. However, those who spend at least S$500 on SIA within a year receive a boost to 3 miles per S$1 on transport, dining, online shopping & travel bookings. These rates are amongst the highest on the market and fit well with a millennial or young adult lifestyle.


Even better, many of KF UOB Card's perks are a great match for convenience-seeking travellers who fly on a budget. Cardholders enjoy special privileges with Scoot–SIA's most affordable airline–including priority check-in and boarding, baggage allowance upgrades, free standard seat collection and a flexible booking waiver. Other perks include a S$20 rebate on a S$100 purchase at KrisShop, S$15 worth of Grab vouchers for trips to and from Changi airport and another S$15 off ChangiWiFi. While KF UOB Card doesn't offer luxury perks like lounge access or waived green fees, it does provide a 1-time fast track to KrisFlyer Elite Silver status (valid 1 year) with S$5k annual SIA spend. There's also a 10,000 KF mile annual bonus (worth about S$100), which offsets the S$192.6 annual fee. Ultimately, KrisFlyer UOB Card is the best option on the market for SIA loyalists, especially for younger travellers interested in practical perks.

  • Stand-Out: Boosted everyday miles w/ SIA perks & privileges
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • New and existing cardholders will get S$20 cash upon approval
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 3 mi/S$1 spend on SIA brands (SIA, SilkAir, Scoot, KrisShop)
  • 3 mi/S$1 on dining, transport, online shopping & travel bookings w/ S$500 min. SIA spend/yr
  • 1.2 mi/S$1 on general spend
  • 10,000 annual renewal miles
  • Scoot privileges, KrisShop rebate, fast-track to KF Elite Silver & more
If you're a young, frequent traveller and don't mind committing to a single airline, KrisFlyer UOB Card may be the best option for you. Cardholders earn 3 miles per S$1 spend with SIA brands (SIA, SilkAir, Scoot, KrisShop) and 1.2 miles per S$1 on general local and overseas purchases. However, those who spend at least S$500 on SIA within a year receive a boost to 3 miles per S$1 on transport, dining, online shopping & travel bookings. These rates are amongst the highest on the market and fit well with a millennial or young adult lifestyle.


Even better, many of KF UOB Card's perks are a great match for convenience-seeking travellers who fly on a budget. Cardholders enjoy special privileges with Scoot–SIA's most affordable airline–including priority check-in and boarding, baggage allowance upgrades, free standard seat collection and a flexible booking waiver. Other perks include a S$20 rebate on a S$100 purchase at KrisShop, S$15 worth of Grab vouchers for trips to and from Changi airport and another S$15 off ChangiWiFi. While KF UOB Card doesn't offer luxury perks like lounge access or waived green fees, it does provide a 1-time fast track to KrisFlyer Elite Silver status (valid 1 year) with S$5k annual SIA spend. There's also a 10,000 KF mile annual bonus (worth about S$100), which offsets the S$192.6 annual fee. Ultimately, KrisFlyer UOB Card is the best option on the market for SIA loyalists, especially for younger travellers interested in practical perks.

UOB PRVI Miles American Express Card: Best for Rapid Miles Accumulation

  • 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
With UOB PRVI Miles American Express Card, above-average spenders can enjoy some of the highest overseas rates on the market–plus bonus miles–while potentially even earning an annual fee waiver. In terms of rewards, cardholders earn 1.4 miles per S$1 spend locally, 2.4 miles overseas and 6 miles with major hotels and airlines. Not only can consumers enjoy perks like free airport transfers and travel insurance, they can also avoid the S$256.8 fee with S$50k annual spend (approx. S$4,167/mo). At this spend level, cardholders even receive 20,000 bonus miles. Overall, travellers with above-average annual spend can rapidly accrue miles with UOB PRVI Miles Card.
  • 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
With UOB PRVI Miles American Express Card, above-average spenders can enjoy some of the highest overseas rates on the market–plus bonus miles–while potentially even earning an annual fee waiver. In terms of rewards, cardholders earn 1.4 miles per S$1 spend locally, 2.4 miles overseas and 6 miles with major hotels and airlines. Not only can consumers enjoy perks like free airport transfers and travel insurance, they can also avoid the S$256.8 fee with S$50k annual spend (approx. S$4,167/mo). At this spend level, cardholders even receive 20,000 bonus miles. Overall, travellers with above-average annual spend can rapidly accrue miles with UOB PRVI Miles Card.

Best Credit Cards with No Annual Fee

The following credit cards offer easy waivers so you can avoid paying an annual fee.

OCBC 365 Card: Rebates on Everyday Essentials

  • Up to 6% rebate on dining, groceries, transport & more
  • Promotions: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
  • Free S$50 cash w/ S$300 min. spend in 1st mo (existing customers)
  • Boost to 6% cashback on groceries & at convenience stores
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on dining & online food delivery
  • 3% rebate on groceries, land transport, recurring bills & online travel
  • Up to 23% fuel savings with Caltex, 20.4% with Esso, 5% other stations
  • Free travel insurance, Visa Signature Privileges
OCBC 365 Card offers a great no-fee way to earn cashback on daily purchases. Cardholders earn up to 6% rebates on dining and 3% on groceries, land transport, online travel bookings and recurring electricity and telco bills. There are no merchant restrictions (unlike competitors) and rewards are capped at a lofty S$80/month. Another perk is that cardholders can enjoy a fee waiver with S$10k annual spend–thats just S$833/month. This spend level also meets minimum spend requirements, ensuring top rewards rates. Overall, OCBC 365 Card is definitely one of the best everyday options with a fee-waiver.
  • Stand-Out: Up to 6% rebate on dining, groceries, transport & more
  • Promotions: Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
  • Free S$50 cash w/ S$300 min. spend in 1st mo (existing customers)
  • Boost to 6% cashback on groceries & at convenience stores
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on dining & online food delivery
  • 3% rebate on groceries, land transport, recurring bills & online travel
  • Up to 23% fuel savings with Caltex, 20.4% with Esso, 5% other stations
  • Free travel insurance, Visa Signature Privileges
OCBC 365 Card offers a great no-fee way to earn cashback on daily purchases. Cardholders earn up to 6% rebates on dining and 3% on groceries, land transport, online travel bookings and recurring electricity and telco bills. There are no merchant restrictions (unlike competitors) and rewards are capped at a lofty S$80/month. Another perk is that cardholders can enjoy a fee waiver with S$10k annual spend–thats just S$833/month. This spend level also meets minimum spend requirements, ensuring top rewards rates. Overall, OCBC 365 Card is definitely one of the best everyday options with a fee-waiver.

Maybank Horizon Visa Signature: High Local Miles Rewards

  • 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
  • Access to airport lounges & free travel insurance
Maybank Horizon Visa Signature Card is an exceptional option for people who sometimes travel and want to earn miles, but primarily maintain a local budget. Cardholders earn 3.2 miles per S$1 local spend on dining, taxis & Grab, petrol, and hotel bookings with Agoda. Spend on air tickets, travel packages and overseas earns a still-impressive 2 miles per S$1. These rates allow the average consumer to rapidly accrue miles when at home, as well as when they plan for vacations. Even better, the S$180.0 annual fee is waived 3 years, then with S$18k annual spend. Ultimately, Maybank Horizon is one of the most affordable travel cards and offers market-leading miles rates for local spenders.
  • 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
  • Access to airport lounges & free travel insurance
Maybank Horizon Visa Signature Card is an exceptional option for people who sometimes travel and want to earn miles, but primarily maintain a local budget. Cardholders earn 3.2 miles per S$1 local spend on dining, taxis & Grab, petrol, and hotel bookings with Agoda. Spend on air tickets, travel packages and overseas earns a still-impressive 2 miles per S$1. These rates allow the average consumer to rapidly accrue miles when at home, as well as when they plan for vacations. Even better, the S$180.0 annual fee is waived 3 years, then with S$18k annual spend. Ultimately, Maybank Horizon is one of the most affordable travel cards and offers market-leading miles rates for local spenders.

Best Credit Cards for High-Income Earners

Wealthy individuals can benefit from these cards' unlimited rewards and luxury perks.

Citi Cash Back+ Card: Highest Unlimited Flat Rebate Rate

  • Top unlimited flat cashback rate of 1.6%
  • Promotions: New cardholders get a set of Airpods Pro (worth S$379) or S$300 upon activating and spending within 60 days of approval
  • 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
If you're a high spender with a budget of S$7,000+/month, you're most likely to maximise cashback from your purchases with Citi Cash Back+ Card. Cardholders earn an impressive 1.6% rebate with no minimum spend requirement or earning limit–which is ideal for affluent consumers who typically feel constrained by cards with earnings caps. While there aren't many extra perks or privileges, Citi Cash Back+ Card's rewards rate is higher than the 1.5% offered by most comparable cards. As a result, Citi Cash Back+ is the best option for people with large budgets who are focused primarily on earning to their full potential.
  • Stand-Out: Top unlimited flat cashback rate of 1.6%
  • Promotions: New cardholders get a set of Airpods Pro (worth S$379) or S$300 upon activating and spending within 60 days of approval
  • 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
If you're a high spender with a budget of S$7,000+/month, you're most likely to maximise cashback from your purchases with Citi Cash Back+ Card. Cardholders earn an impressive 1.6% rebate with no minimum spend requirement or earning limit–which is ideal for affluent consumers who typically feel constrained by cards with earnings caps. While there aren't many extra perks or privileges, Citi Cash Back+ Card's rewards rate is higher than the 1.5% offered by most comparable cards. As a result, Citi Cash Back+ is the best option for people with large budgets who are focused primarily on earning to their full potential.

Standard Chartered Unlimited Cashback Card: Uncapped Rebates Worldwide

  • 1.5% unlimited cashback w/ no min. spend requirement
  • Promotions: New cardholders will receive a Nespresso Inissia Coffee Machine & Aeroccino 4 Milk Frother w/ 1 transaction
  • Existing cardholders will receive S$30 worth of GrabFood voucher
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver
  • Unlimited 1.5% cashback on all spend
  • Up to 21% fuel savings with Caltex
Capped cashback cards can prevent high-spenders from reaching their full rewards potential. Standard Chartered Unlimited Cashback Card offers a great alternative, providing an unlimited 1.5% cashback on all spend, with no caps or minimum requirements. The S$192.6 fee is waived for 2 years, allowing consumers to earn without worrying too much about added costs.
  • Stand-Out: 1.5% unlimited cashback w/ no min. spend requirement
  • Promotions: New cardholders will receive a Nespresso Inissia Coffee Machine & Aeroccino 4 Milk Frother w/ 1 transaction
  • Existing cardholders will receive S$30 worth of GrabFood voucher
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver
  • Unlimited 1.5% cashback on all spend
  • Up to 21% fuel savings with Caltex
Capped cashback cards can prevent high-spenders from reaching their full rewards potential. Standard Chartered Unlimited Cashback Card offers a great alternative, providing an unlimited 1.5% cashback on all spend, with no caps or minimum requirements. The S$192.6 fee is waived for 2 years, allowing consumers to earn without worrying too much about added costs.

American Express True Cashback Card: Unltd Rewards + Amex Perks

  • 1.5% unlimited cashback, boosted to 3% for 1st 6mo
  • Promotions: Get S$120 cash via PayNow, must make S$500 spend on eligible purchases within the first 30 days of card approval
  • 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 is perhaps the absolute best unlimited cashback card currently on the market. Cardholders earn a flat 1.5% rebate on spend locally and overseas, boosted to 3% for the first 6 months (up to S$150 total bonus). In addition to this stand-out welcome deal, consumers have access to special perks like American Express Selects, card-specific discounts and free travel insurance. Many of these deals relate to wedding expenses, making Amex True Cashback Card a great option for those planning their big day.
  • Stand-Out: 1.5% unlimited cashback, boosted to 3% for 1st 6mo
  • Promotions: Get S$120 cash via PayNow, must make S$500 spend on eligible purchases within the first 30 days of card approval
  • 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 is perhaps the absolute best unlimited cashback card currently on the market. Cardholders earn a flat 1.5% rebate on spend locally and overseas, boosted to 3% for the first 6 months (up to S$150 total bonus). In addition to this stand-out welcome deal, consumers have access to special perks like American Express Selects, card-specific discounts and free travel insurance. Many of these deals relate to wedding expenses, making Amex True Cashback Card a great option for those planning their big day.

Maybank FC Barcelona Visa Signature: Unlimited 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
High-spenders can definitely benefit from Maybank FC Barcelona Visa Signature Card, which offers the highest unlimited flat cashback rate on the market for local spend. Cardholders enjoy 1.6% rebate on local spend, compared to 1.5% with other unlimited cards. In addition, the card comes with perks like discounts at FC Barcelona stores, the chance to win free game tickets and free travel insurance. Overseas spend earns the equivalent of 0.8% cashback, however, so Maybank FC Barcelona Card is best fit for people with high local budgets who travel infrequently.
  • 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
High-spenders can definitely benefit from Maybank FC Barcelona Visa Signature Card, which offers the highest unlimited flat cashback rate on the market for local spend. Cardholders enjoy 1.6% rebate on local spend, compared to 1.5% with other unlimited cards. In addition, the card comes with perks like discounts at FC Barcelona stores, the chance to win free game tickets and free travel insurance. Overseas spend earns the equivalent of 0.8% cashback, however, so Maybank FC Barcelona Card is best fit for people with high local budgets who travel infrequently.

OCBC 90°N Card: Cashback + Miles for High Spenders

  • 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$1 locally, 2.1 miles overseas
  • Cashback Option: 1.2% rebate locally, 2.1% overseas
  • No conversion fees & rewards never expire
  • Access to Mastercard Airport Experiences
OCBC 90°N Card is incredibly unique in allowing high overseas spenders to fully maximise cashback, with the option to switch to miles without extra redemption fees or expiration dates. First of all, purchases are rewarded in Travel$. Each Travel$ can be redeemed for the equivalent of S$0.01 cash rebate or 1 air mile. As such, cardholders opting for cashback rewards earn an unlimited 1.2% rebate locally and 2.1% overseas. This overseas rate is higher than that offered by any other unlimited cashback card, and there are no minimum spend requirements to earn at this rate. The closest cashback competitor offers 2% rebate overseas and requires a S$2k monthly minimum spend.


OCBC 90°N cardholders enjoy special fluidity in their earnings. Cardholders may also opt to redeem their points for air miles, translating to an earn rate of 1.2 miles locally or 2.1 miles overseas (0.1 higher than the market standard). While other travel cards technically earn in points that can also be redeemed for cashback, most of these cards weaken the final value of rewards redeemed as cash (as compared to miles). OCBC 90°N Card maintains a consistent value-to-consumer no matter how rewards are redeemed, making it the absolute best option for people seeking truly versatile rewards. Additionally, there are no conversion fees and rewards never expire.

On a final note, OCBC 90°N cardholders can also enjoy a few perks and privileges. Cardholders receive 10,000 Travel$ yearly–equivalent to S$100 cash rebate or 10,000 air miles–which go a long way to offset the S$192.6 annual fee. In addition, consumers can access 1,000+ lounges worldwide at a discounted US$32/person, through Mastercard Airport Experiences. Overall, affluent individuals looking for unlimited rewards–both in cashback and miles–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$1 locally, 2.1 miles overseas
  • Cashback Option: 1.2% rebate locally, 2.1% overseas
  • No conversion fees & rewards never expire
  • Access to Mastercard Airport Experiences
OCBC 90°N Card is incredibly unique in allowing high overseas spenders to fully maximise cashback, with the option to switch to miles without extra redemption fees or expiration dates. First of all, purchases are rewarded in Travel$. Each Travel$ can be redeemed for the equivalent of S$0.01 cash rebate or 1 air mile. As such, cardholders opting for cashback rewards earn an unlimited 1.2% rebate locally and 2.1% overseas. This overseas rate is higher than that offered by any other unlimited cashback card, and there are no minimum spend requirements to earn at this rate. The closest cashback competitor offers 2% rebate overseas and requires a S$2k monthly minimum spend.


OCBC 90°N cardholders enjoy special fluidity in their earnings. Cardholders may also opt to redeem their points for air miles, translating to an earn rate of 1.2 miles locally or 2.1 miles overseas (0.1 higher than the market standard). While other travel cards technically earn in points that can also be redeemed for cashback, most of these cards weaken the final value of rewards redeemed as cash (as compared to miles). OCBC 90°N Card maintains a consistent value-to-consumer no matter how rewards are redeemed, making it the absolute best option for people seeking truly versatile rewards. Additionally, there are no conversion fees and rewards never expire.

On a final note, OCBC 90°N cardholders can also enjoy a few perks and privileges. Cardholders receive 10,000 Travel$ yearly–equivalent to S$100 cash rebate or 10,000 air miles–which go a long way to offset the S$192.6 annual fee. In addition, consumers can access 1,000+ lounges worldwide at a discounted US$32/person, through Mastercard Airport Experiences. Overall, affluent individuals looking for unlimited rewards–both in cashback and miles–should definitely consider OCBC 90°N Card.

HSBC Advance Card: Rebates 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 Lazada vouchers
  • 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 provides an opportunity to earn up to S$1,500 in annual rebates with just S$3,570/monthly spend–which is great for higher spenders seeking cashback. Cardholders can earn up to 3.5% flat rebate with S$2k/month spend (2.5% if below) and up to S$125/month in rewards, as long as they are current Advance customers. Such customers are also exempt from the annual fee. Non-Advance customers earn lower rates, have a lower cap, and must pay a fee. As a result, it's worth checking out an Advance account. Thereafter, HSBC Advance Card may just be the best flat rate rebate card on the market for above-average spenders.
  • 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 Lazada vouchers
  • 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 provides an opportunity to earn up to S$1,500 in annual rebates with just S$3,570/monthly spend–which is great for higher spenders seeking cashback. Cardholders can earn up to 3.5% flat rebate with S$2k/month spend (2.5% if below) and up to S$125/month in rewards, as long as they are current Advance customers. Such customers are also exempt from the annual fee.


Non-Advance customers earn lower rates, have a lower cap, and must pay a fee. As a result, it's worth checking out an Advance account. Thereafter, HSBC Advance Card may just be the best flat rate rebate card on the market for above-average spenders.

Citi Prestige MasterCard: Best for Exclusive Luxury Perks

  • Unltd lounge access, free travel insurance & bonus hotel nights
  • Promotions: New cardholders get a set of Airpods Pro (worth S$379) or S$300 upon activating and spending within 60 days of approval
  • 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
If luxury perks are your number one priority when travelling, look no further than Citi Prestige MasterCard. From unlimited airport lounge access & free bonus hotel nights to JetQuay access, golfing privileges, free travel insurance & more, consumers can enjoy the utmost convenience and comfort when they travel. Even more, cardholders receive top rates of 1.3 miles per S$1 local spend and 2 miles overseas, plus an annual bonus of up to 30% based on the tenure of their relationship with Citibank.


As another perk, consumers receive 25,000 bonus renewal miles (worth S$250) every year with payment of their annual fee. This fee, at S$535, is notably high, but reflects value offered in terms of rates and benefits. Ultimately, Citi Prestige is an excellent option if you're willing to pay a substantial fee in order to enjoy top luxury perks.

  • Stand-Out: Unltd lounge access, free travel insurance & bonus hotel nights
  • Promotions: New cardholders get a set of Airpods Pro (worth S$379) or S$300 upon activating and spending within 60 days of approval
  • 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
If luxury perks are your number one priority when travelling, look no further than Citi Prestige MasterCard. From unlimited airport lounge access & free bonus hotel nights to JetQuay access, golfing privileges, free travel insurance & more, consumers can enjoy the utmost convenience and comfort when they travel. Even more, cardholders receive top rates of 1.3 miles per S$1 local spend and 2 miles overseas, plus an annual bonus of up to 30% based on the tenure of their relationship with Citibank.


As another perk, consumers receive 25,000 bonus renewal miles (worth S$250) every year with payment of their annual fee. This fee, at S$535, is notably high, but reflects value offered in terms of rates and benefits. Ultimately, Citi Prestige is an excellent option if you're willing to pay a substantial fee in order to enjoy top luxury perks.

Standard Chartered Visa Infinite X: Biggest Sign Up Bonus for the Wealthy

  • 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 offers affluent consumers one of the absolute best sign-on bonuses across all travel cards on the market. New cardholders who place S$300k fresh funds in a Priority Banking account and maintain this amount for 3 months receive an incredible 100,000 KrisFlyer miles–worth approximately S$10k when redeemed for business or first class tickets. Those who can place S$800k in funds receive 150,000 bonus miles (worth S$15k), and Priority Private Banking customers who place S$1.5m+ receive a total of 300,000 miles (worth S$30k). These bonuses far exceed any other offering on the market and easily offset the (albeit expensive) S$695.5 non-waivable fee.


Cardholders can also enjoy several high-end benefits. Consumers receive 2 free lounge visits/year, exclusive hotel privileges, discounted rental cars & green fees and complimentary travel insurance. As for rewards, every S$1 spend earns 1.2 miles locally and 2 miles overseas. While these perks and rates aren't especially competitive for a luxury card, SC Visa Infinite X is still one of the best options available for very affluent individuals who can take advantage of the incredible sign-on bonus by placing fresh funds.

  • 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 offers affluent consumers one of the absolute best sign-on bonuses across all travel cards on the market. New cardholders who place S$300k fresh funds in a Priority Banking account and maintain this amount for 3 months receive an incredible 100,000 KrisFlyer miles–worth approximately S$10k when redeemed for business class tickets. Those who can place S$800k in funds receive 150,000 bonus miles (worth S$15k), and Priority Private Banking customers who place S$1.5m+ receive a total of 300,000 miles (worth S$30k). These bonuses far exceed any other offering on the market and easily offset the (albeit expensive) S$695.5 non-waivable fee.


Cardholders can also enjoy several high-end benefits. Consumers receive 2 free lounge visits/year, exclusive hotel privileges, discounted rental cars & green fees and complimentary travel insurance. As for rewards, every S$1 spend earns 1.2 miles locally and 2 miles overseas. While these perks and rates aren't especially competitive for a luxury card, SC Visa Infinite X is still one of the best options available for very affluent individuals who can take advantage of the incredible sign-on bonus by placing fresh funds.

Best Credit Cards for 0% Interest Instalment Plans

If you frequently make large purchases that you cannot pay for all at once, consider the cards below.

DBS Woman's World MasterCard: Miles for Online Shopping Spend

  • Up to 4 miles/S$1 spend on online shopping
  • Promotions: S$200 cashback w/ promo code "DBSFlash" (must make 1 transaction)
  • 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
DBS Woman’s World Card is another great option for people who shop online and make bigger purchases than they can immediately pay for. DBS Woman's World MasterCard accommodates interest-free instalments across up to 12 months with a waived processing fee (3%–5% of trasaction amount in the case of longer tenures). While purchases on the plan don't earn rewards, cardholders still avoid the extra costs inherent to most other shopping cards' plans.


DBS Woman's World MasterCard also stands out for its rewards schema. Cardholders earn 4 miles per S$1 spend on online shopping, up to 8,000 miles/month. General spend earns 0.4 miles per S$1 locally and 1.2 miles overseas, so this card is best fit for people who primarily spend online.

  • Stand-Out: Up to 4 miles/S$1 spend on online shopping
  • Promotions: S$200 cashback w/ promo code "DBSFlash" (must make 1 transaction)
  • 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
DBS Woman’s World Card is another great option for people who shop online and make bigger purchases than they can immediately pay for. DBS Woman's World MasterCard accommodates interest-free instalments across up to 12 months with a waived processing fee (3%–5% of trasaction amount in the case of longer tenures). While purchases on the plan don't earn rewards, cardholders still avoid the extra costs inherent to most other shopping cards' plans.


DBS Woman's World MasterCard also stands out for its rewards schema. Cardholders earn 4 miles per S$1 spend on online shopping, up to 8,000 miles/month. General spend earns 0.4 miles per S$1 locally and 1.2 miles overseas, so this card is best fit for people who primarily spend online.

OCBC Cashflo Card: Rebates on Instalment Payments

  • 1% rebate on purchases made w/ 0% interest instalment plan
  • Promotions: Receive & use card instantly when you apply via MyInfo
  • Up to 55% off single trip travel insurance
  • Read Our Full Review
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$10,000 annual spend
  • 1% flat rebate with S$1,000 minimum spend (0.5% if below)
  • 0% Interest Instalment Plan with no processing fee, payments earn rebates
  • Trigger scheme automatically splits payments at specified threshold
If you're a frequent shopper who prefers to make payments in instalments, OCBC Cashflo Card is the best option for you. Cardholders can set a trigger system to automatically split transactions at a specific amount across 3–6 months. There's 0% interest on instalment payments, and the processing fee–typically 3%–5% of the transaction amount–is waived completely. The best part of OCBC Cashflo Card is that purchases made on the instalment plan are still eligible to earn rebates; no other credit card accommodates such earning.


In terms of general rewards, cardholders earn 1% flat cashback after a minimum spend of S$1k (0.5% if below). This is quite low for an everyday card, but works well as a shopper card for larger purchases. Additionally, the S$160.5 fee is waived 2 years and then with S$10k annual spend. Overall, OCBC Cashflo Card is likely the best credit card on the market for 0% instalment plans.

  • Stand-Out: 1% rebate on purchases made w/ 0% interest instalment plan
  • Promotions: Receive & use card instantly when you apply via MyInfo
  • Up to 55% off single trip travel insurance
  • Read Our Full Review
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$10,000 annual spend
  • 1% flat rebate with S$1,000 minimum spend (0.5% if below)
  • 0% Interest Instalment Plan with no processing fee, payments earn rebates
  • Trigger scheme automatically splits payments at specified threshold
If you're a frequent shopper who prefers to make payments in instalments, OCBC Cashflo Card is the best option for you. Cardholders can set a trigger system to automatically split transactions at a specific amount across 3–6 months. There's 0% interest on instalment payments, and the processing fee–typically 3%–5% of the transaction amount–is waived completely. The best part of OCBC Cashflo Card is that purchases made on the instalment plan are still eligible to earn rebates; no other credit card accommodates such earning.


In terms of general rewards, cardholders earn 1% flat cashback after a minimum spend of S$1k (0.5% if below). This is quite low for an everyday card, but works well as a shopper card for larger purchases. Additionally, the S$160.5 fee is waived 2 years and then with S$10k annual spend. Overall, OCBC Cashflo Card is likely the best credit card on the market for 0% instalment plans.

Best Credit Cards for Young Adults

These options are specially tailored to young adults who are looking for a first credit card.

OCBC Frank Card: No-Fee Rebates for Online Spend

  • 6% rebate on FX, online, and mobile purchases after just S$600 monthly spend
  • Promotions: New cardholders will receive S$50 cashback & S$50 Grab Vouchers
  • S$20 cashback (existing cardholders)
  • Additional 4% cashback on all bonus categories (online, in-store mobile contactless and foreign currency made in-store) min. spend of S$600. Capped at S$25
  • Read Our Full Review
  • Annual fee: S$80.0, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on FX & mobile contactless expenditures
  • 6% rebate on online purchases
Young adults seeking access to high rebates after just S$600 spend might want to check out OCBC Frank Card, which offers 6% on FX, online, and mobile contactless spend. Cardholders can earn an additional rate of 0.3% on all other purchases with no minimum spend requirement. Eligible online spend is quite comprehensive, ranging from online retail to travel bookings and more. The S$600 minimum spend requirement is one of the lowest on the market, and consumers who spend S$10k annually also earn an annual fee-waiver. These features make OCBC Frank Card especially accessible, and a great option for young adults with lower budgets who still want to earn at high rates.
  • Stand-Out: 6% rebate on FX, online, and mobile purchases after just S$600 monthly spend
  • Promotions: New cardholders will receive S$50 cashback & S$50 Grab Vouchers
  • S$20 cashback (existing cardholders)
  • Additional 4% cashback on all bonus categories (online, in-store mobile contactless and foreign currency made in-store) min. spend of S$600. Capped at S$25
  • Read Our Full Review
  • Annual fee: S$80.0, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on FX & mobile contactless expenditures
  • 6% rebate on online purchases
Young adults seeking access to high rebates after just S$600 spend might want to check out OCBC Frank Card, which offers 6% on FX, online, and mobile contactless spend. Cardholders can earn an additional rate of 0.3% on all other purchases with no minimum spend requirement. Eligible online spend is quite comprehensive, ranging from online retail to travel bookings and more. The S$600 minimum spend requirement is one of the lowest on the market, and consumers who spend S$10k annually also earn an annual fee-waiver. These features make OCBC Frank Card especially accessible, and a great option for young adults with lower budgets who still want to earn at high rates.

UOB YOLO Card: Top Rebates for Weekend Entertainment

  • Top weekend rebates of up to 8% for social spenders
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on weekend dining, entertainment, Grab, select UOB Travel (3% weekdays)
  • 3% online travel & fashion
  • Free travel insurance
UOB YOLO Card offers young adults some of the highest rewards rates on the market for social weekend spending. Cardholders earn up to 8% cashback on weekend dining, entertainment & Grab rides (3% weekdays), making it easy to earn rewards on everything from nightclubs and lounges to fast food vendors and cinemas. Additionally, consumers earn cashback on online fashion & travel bookings (boosted on weekends to 8% for land packages & hotels booked through UOB Travel). Finally, cardholders must spend S$600/month to access these rates, and there's a S$192.6 fee (waived just 1 year). These features make UOB YOLO Card slightly less affordable to some young adults, but overall, the card is great for people with high social spend over weekends.
  • Stand-Out: Top weekend rebates of up to 8% for social spenders
  • Promotions: New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on weekend dining, entertainment, Grab, select UOB Travel (3% weekdays)
  • 3% online travel & fashion
  • Free travel insurance
UOB YOLO Card offers young adults some of the highest rewards rates on the market for social weekend spending. Cardholders earn up to 8% cashback on weekend dining, entertainment & Grab rides (3% weekdays), making it easy to earn rewards on everything from nightclubs and lounges to fast food vendors and cinemas. Additionally, consumers earn cashback on online fashion & travel bookings (boosted on weekends to 8% for land packages & hotels booked through UOB Travel). Finally, cardholders must spend S$600/month to access these rates, and there's a S$192.6 fee (waived just 1 year). These features make UOB YOLO Card slightly less affordable to some young adults, but overall, the card is great for people with high social spend over weekends.

Citi SMRT Card: Everyday Rebates + EZ-Link

  • 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 5% 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
One of the best credit cards for young professionals is Citi SMRT Card. This card is one of the only cashback options on the market that does not have a minimum spend requirement, which makes it extremely accessible. In terms of rewards, cardholders can earn up to 5% rebate on groceries, 5% on fast food, coffee & cinemas, 3% on online shopping, and 2% on health & wellness. Most of these categories are merchant-limited, but eligible vendors are quite popular: Sheng Siong, Starbucks, Cathay Cineplexes & many more. Finally, Citi SMRT Card is EZ-Link compatible and offers 2% rebate on Auto Top-Ups. When it comes down to it, young professionals can take advantage of the affordability and convenience of Citi SMRT Card to maximise cashback on daily spend.
  • 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 5% 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
One of the best credit cards for young professionals is Citi SMRT Card. This card is one of the only cashback options on the market that does not have a minimum spend requirement, which makes it extremely accessible. In terms of rewards, cardholders can earn up to 5% rebate on groceries, 5% on fast food, coffee & cinemas, 3% on online shopping, and 2% on health & wellness. Most of these categories are merchant-limited, but eligible vendors are quite popular: Sheng Siong, Starbucks, Cathay Cineplexes & many more. Finally, Citi SMRT Card is EZ-Link compatible and offers 2% rebate on Auto Top-Ups. When it comes down to it, young professionals can take advantage of the affordability and convenience of Citi SMRT Card to maximise cashback on daily spend.

Citi Lazada Card: Miles on Lazada & Local 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
With Citi Lazada Card, online shoppers who favour Lazada can easily accrue miles on their purchases, while also earning rewards for local social spend. Cardholders currently earn up to an incredible 4 miles (10pts) per S$1 spend on Lazada and have access to exclusive offers and discounts. Furthermore, shoppers receive a S$1.99 shipping rebate on purchases of S$50+ (up to 4x/month), which translates to up to 4% cashback on each purchase. The best part of Citi Lazada Card, however, is that consumers can enjoy respectable miles rates even when they're not shopping online. Cardholders earn 2 miles (5pts) per S$1 spend on local dining, entertainment, travel and transport, including Grab and Gojek rides (but not public transit).


It's important to mention that earnings are capped at 4,000 miles (10,000 pts) per month, which translates to about S$40 in value-to-consumer. Cardholders can max out their monthly earnings with as little as S$1,000 spend, if they're avid Lazada shoppers. As a result, Citi Lazada Card is best fit for young adults with lower budgets who still want to earn miles for local social & shopping spend–especially people who prefer to buy online 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
With Citi Lazada Card, online shoppers who favour Lazada can easily accrue miles on their purchases, while also earning rewards for local social spend. Cardholders currently earn up to an incredible 4 miles (10pts) per S$1 spend on Lazada and have access to exclusive offers and discounts. Furthermore, shoppers receive a S$1.99 shipping rebate on purchases of S$50+ (up to 4x/month), which translates to up to 4% cashback on each purchase. The best part of Citi Lazada Card, however, is that consumers can enjoy respectable miles rates even when they're not shopping online. Cardholders earn 2 miles (5pts) per S$1 spend on local dining, entertainment, travel and transport, including Grab and Gojek rides (but not public transit).


It's important to mention that earnings are capped at 4,000 miles (10,000 pts) per month, which translates to about S$40 in value-to-consumer. Cardholders can max out their monthly earnings with as little as S$1,000 spend, if they're avid Lazada shoppers. As a result, Citi Lazada Card is best fit for young adults with lower budgets who still want to earn miles for local social & shopping spend–especially people who prefer to buy online with Lazada.

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

  • Cashback: Cashback credit cards, also known as rebate cards, are named as such because they reward spend with cash credit equal to a given percentage of the transaction amount. For example, a credit card may offer 5% cashback on dining. Using that credit card to pay a S$100 restaurant bill will then earn S$5 in cash credit rewards. Cashback credits usually cannot be redeemed as actual cash. Instead, rebates are usually automatically applied to the next monthly card statement to offset the bill. Because of this automation, cashback cards are quite simple to use. This makes them a great choice for credit card beginners or those seeking an easy-to-use card for daily essentials.


  • Miles: Travel cards offer cardholders air miles for their purchases. Unlike cashback cards, rewards are usually differentiated by local vs. overseas spend, rather than by individual spend category (ie dining, transport, etc). Miles cards also typically offer higher rewards rates for purchases made in foreign currency. They also often offer luxury perks ranging from airport lounge access to free travel insurance, golfing privileges & more. For these reasons, travel cards are understandably popular with frequent travellers who can take advantage of miles rewards while enjoying luxury perks. Miles cards also rarely have minimum spend requirements or rewards earning caps, but they tend to have higher (and often non-waivable) annual fees.


  • Points: The most typical kind of points credit cards is shopper cards. In this case, a certain number of points are earned per S$1 spend. However, points are often represented in miles form instead. For example, if S$1 spend earns 10 points, but cardholders can redeem 10 points for 4 miles on the rewards platform, it's safe to say that spending S$1 earns 4 miles. Points can also be redeemed for other rewards such as cash vouchers, merchandise, or credit with select vendors. However, the value gained from redeeming points for such items is typically lower that the redemption rate for miles.
Selecting the right credit card depends both on spending behaviour & a few key factors.


To begin with, nearly all credit cards have annual fees that can limit accessibility or diminish earnings. Travel credit cards tend to have higher annual fees, but some–alongside several rebate cards–offer condition-based fee-waivers. In these cases, a consumer can avoid paying the annual fee if they achieve a minimum spend by the end of the year (ie, waiver granted with S$12k annual spend). Many cards also waive the annual fee for the first 1-3 years after approval, making it easy to get started with the card upfront. Nonetheless, even if the annual fee seems achievable, it's possible to end up with a nett loss by the end of the year. In other words, if earnings from the credit card do not exceed the fee, you'll actually end up losing money. This is one reason it's important to pick a card that rewards your lifestyle.


In addition to annual fees, minimum spend requirements are important to consider. Minimum spend requirements reflect how much a cardholder must spend in order to unlock higher rewards rates as advertised. For example, a card might require S$800 minimum spend for the month in order to earn a 8% rebate that month. Spending even S$1 less than the minimum may result in the cardholder earning at a base rate of just 0.2%–0.3%, which translates to a massive loss in earnings potential. It's incredibly important to review a card's minimum spend requirement before applying. If you can't reliably achieve the given amount, you won't be able to access meaningful rewards rates.


Finally, make sure to review the overall rewards system structure. Choose a card that rewards categories you're most likely to spend on. Many cards cater to specific profiles (retail shoppers, travellers, everyday spenders & more) which can make selection a bit easier. It's essential to keep in mind that while high rewards rates can be very tempting, they won't prove beneficial unless you're likely to spend in the rewarded category.


Considering these factors together can help you to find a credit card that will truly maximise earnings for your spend.

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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