Best Grocery Credit Cards 2021

If you spend a great deal of your monthly budget on groceries, you're likely to benefit from elevated rewards rates as well as discounts at your favorite supermarkets. Our research team reviewed 100+ credit cards in Singapore to identify which offer the highest return value for grocery shoppers. We've provided a well-rounded overview of each credit card below, in addition to details regarding which grocery stores are specifically featured in deals and discounts.

Best Cards for GroceriesGrocery RebateCard Features
Citi Cash BackUp to 8%Cashback on food & petrol worldwide
MB Family & FriendsUp to 8%Top Rebates in Singapore & Malaysia
Citi SMRTUp to 5%Rewards for essentials + EZ-Link, no minimum
POSB EverydayUp to 5%Everyday rebates + ABT capabilities
HSBC Visa PlatinumUp to 5%Cashback + miles on local food & petrol
UOB OneUp to 5%Highest flat rebate, up to S$300/quarter
MB Platinum VisaUp to 3.33%Flat rebate with just S$300 minimum
OCBC 365Up to 3%Cashback on essentials, easy fee-waiver
CIMB Visa SignatureUp to 10%Flat rebate with just S$800 minimum
BOC Sheng SiongUp to 12%No minimum spend required to start earning

Compare the Best Grocery Credit Cards by Dollar Value

To help you find the best grocery credit card in Singapore, we have prepared a chart below organizing grocery credit cards by their 2-year dollar value*. We have estimated an average Singaporean's monthly expenditure patterns through research to model out likely savings from credit cards. However, you should remember that this estimate is an approximate value based on an estimate of the average consumer's spending habits, and may differ in actual result depending on your unique set of expenditures.

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

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Best Cards For Grocery Rebates

Compare the Best Grocery Credit Cards by Dollar Value

To help you find the best grocery credit card in Singapore, we have prepared a chart below organizing grocery credit cards by their 2-year dollar value*. We have estimated an average Singaporean's monthly expenditure patterns through research to model out likely savings from credit cards. However, you should remember that this estimate is an approximate value based on an estimate of the average consumer's spending habits, and may differ in actual result depending on your unique set of expenditures.

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

*ValueChampion calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValueChampion's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

The following credit cards represent our top recommendations for anyone trying to earn back some value on groceries via cashback or airline miles. For a full list of your potential card options and their estimated value with your budget, try using our RealValue credit card calculator for a quick and easy comparison of dozens of credit cards.

Best Cashback Card for Global Food & Petrol: Citi Cash Back Card

Citi Cash Back Card
Citi Cash Back Card
  • Up to 8% rebate on groceries & petrol, 6% on dining
  • Promotions: Click on our link to get the latest promotion from SingSaver & Citi!
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on dining, grocery, & petrol (any station)
  • Up to 20.88% fuel savings at Esso & Shell
Citi Cash Back Card is one of the best cards for rebates on both food and petrol worldwide. Cardholders earn 8% cash back on both dining and groceries, as well as on petrol (any station). These rates apply both locally and overseas and are not merchant-restricted. This gives you the flexibility to earn at top rates no matter what brands you choose, or where you buy them.

Citi Cash Back Card does have a S$888 minimum spend requirement, but given the average consumer spends nearly half of their budget on food & transport–the two categories rewarded by this card–this threshold is reasonably achievable. In addition, you can earn up to S$75/month, or S$900/year. This is one of the higher earning potentials on the market. Ultimately, Citi Cash Back Card is an excellent option to consider if you spend a great deal of your budget on dining, groceries and petrol.

Citi Cash Back Card
Citi Cash Back Card
  • Stand-Out: Up to 8% rebate on groceries & petrol, 6% on dining
  • Promotions: Click on our link to get the latest promotion from SingSaver & Citi!
  • Read Our Full Review
  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on dining, grocery, & petrol (any station)
  • Up to 20.88% fuel savings at Esso & Shell
Citi Cash Back Card is one of the best cards for rebates on both food and petrol worldwide. Cardholders earn 8% cash back on both dining and groceries, as well as on petrol (any station). These rates apply both locally and overseas and are not merchant-restricted. This gives you the flexibility to earn at top rates no matter what brands you choose, or where you buy them.

Citi Cash Back Card does have a S$888 minimum spend requirement, but given the average consumer spends nearly half of their budget on food & transport–the two categories rewarded by this card–this threshold is reasonably achievable. In addition, you can earn up to S$75/month, or S$900/year. This is one of the higher earning potentials on the market. Ultimately, Citi Cash Back Card is an excellent option to consider if you spend a great deal of your budget on dining, groceries and petrol.

Best Rebates for Local Groceries: Maybank Family & Friends Card

  • Up to S$125/mo with just S$800/mo spend
  • Promotions: Get Garmin vivomove Style worth S$469 spend S$300 for each of the 2 consecutive months upon approval
  • Read Our Full Review
  • Annual fee: S$180 (3 years fee waiver)
  • Up to 8% rebate on 5 preferred categories (fast food & food delivery, groceries, transport, petrol discounts & online TV streaming)
  • Up to S$125 cashback per month with S$800 min spend
  • 0.3% rebate all other spend
If you spend quite a bit of time in both Singapore and Malaysia, you might want to consider Maybank Family & Friends Card as a way to maximise rewards for your grocery spend. Cardholders earn 5% rebates after S$500 minimum spend, or 8% after S$800 spend, on fast food & food delivery, groceries, transport, petrol, data communications/online TV streaming (& more) in both countries. All local grocery stores, supermarkets, and even online grocery spend is rewards-eligible.

Maybank F&F Card is extraordinarily accessible as well. The S$500 minimum requirement is already quite low, and the S$180.0 fee is waived for 3 years (and subsequently, with just S$12,000 annual spend). Rewards are capped at S$80/month, but it's possible to max this out with just S$1,000 spend. At this rate, cardholders can both achieve the fee waiver and also earn S$960/year.

  • Stand-Out: Up to S$125/mo with just S$800/mo spend
  • Promotions: Get Garmin vivomove Style worth S$469 spend S$300 for each of the 2 consecutive months upon approval
  • Read Our Full Review
  • Annual fee: S$180 (3 years fee waiver)
  • Up to 8% rebate on 5 preferred categories (fast food & food delivery, groceries, transport, petrol discounts & online TV streaming)
  • Up to S$125 cashback per month with S$800 min spend
  • 0.3% rebate all other spend
If you spend quite a bit of time in both Singapore and Malaysia, you might want to consider Maybank Family & Friends Card as a way to maximise rewards for your grocery spend. Cardholders earn 5% rebates after S$500 minimum spend, or 8% after S$800 spend, on fast food & food delivery, groceries, transport, petrol, data communications/online TV streaming (& more) in both countries. All local grocery stores, supermarkets, and even online grocery spend is rewards-eligible.

Maybank F&F Card is extraordinarily accessible as well. The S$500 minimum requirement is already quite low, and the S$180.0 fee is waived for 3 years (and subsequently, with just S$12,000 annual spend). Rewards are capped at S$80/month, but it's possible to max this out with just S$1,000 spend. At this rate, cardholders can both achieve the fee waiver and also earn S$960/year.

Best Rebates for Young Professionals on a Budget: Citi SMRT Card

Citibank SMRT Card
Citibank SMRT Card
  • 5% everyday rebates w/S$500 min spend
  • Promotions: Click on our link to get the latest promotion from SingSaver & Citi!
  • Read Our Full Review
  • Annual fee: S$192.60 (first 2 years- waived)
  • 5% cashback on groceries and online spend
  • 5% on EZ-Link Auto Top-Up SimplyGo
  • 5% on Taxis and private-hire rides
  • Up to 14% fuel savings at Esso and Shell
  • S$600 cap on SMRT$ rebate annually
Citi SMRT Card stands out not only for it’s high rates, but also because it’s one of the few cashback cards on the market with no minimum spend requirement. Cardholders willing to spend with select merchants can earn up to 5% on fast food, coffee & movies, 3% online, and 2% on health & wellness. Even better, spend with FairPrice Xtra Kallang Wave earns up to 7.3% rebate, grocery purchases with FairPrice, Giant, and Sheng Siong earn 5% rebate.


Citi SMRT Card is also EZ-Link compatible, and Auto Top-Ups earn 2% rebate. Cardholders also enjoy up to 14% fuel savings with Esso & Shell. Overall, this card is an excellent option for young professionals, and those on a budget, who want to earn regardless of their spend level. It’s incredible convenient, accessible and affordable–which is why we recommend it as one of the top grocery cards on the market.

Citibank SMRT Card
Citibank SMRT Card
  • Stand-Out: 5% everyday rebates w/S$500 min spend
  • Promotions: Click on our link to get the latest promotion from SingSaver & Citi!
  • Read Our Full Review
  • Annual fee: S$192.60 (first 2 years- waived)
  • 5% cashback on groceries and online spend
  • 5% on EZ-Link Auto Top-Up SimplyGo
  • 5% on Taxis and private-hire rides
  • Up to 14% fuel savings at Esso and Shell
  • S$600 cap on SMRT$ rebate annually
Citi SMRT Card stands out not only for it’s high rates, but also because it’s one of the few cashback cards on the market with no minimum spend requirement. Cardholders willing to spend with select merchants can earn up to 5% on fast food, coffee & movies, 3% online, and 2% on health & wellness. Even better, spend with FairPrice Xtra Kallang Wave earns up to 7.3% rebate, grocery purchases with FairPrice, Giant, and Sheng Siong earn 5% rebate.

Citi SMRT Card is also EZ-Link compatible, and Auto Top-Ups earn 2% rebate. Cardholders also enjoy up to 14% fuel savings with Esso & Shell. Overall, this card is an excellent option for young professionals, and those on a budget, who want to earn regardless of their spend level. It’s incredible convenient, accessible and affordable–which is why we recommend it as one of the top grocery cards on the market.

Top Rebates on Essentials + Transit Perks: POSB Everyday Card

  • Annual fee: S$192.60 (first year - waived)
  • 10% cash rebates on online food delivery (foodpanda, Deliveroo and WhyQ ) and 3% on other dining spend
  • 8% cash rebates on fuel (up to 21.8% at SPC)
  • 5% cash rebates on groceries (Sheng Siong)
  • 5% cash rebates on online shopping (Amazon, Lazada, Qoo10, Shopee, RedMart & iHerb)
  • 3% cash rebates on personal care at Watsons
  • 1% cash rebates on recurring bills with select merchants (capped at S$1/month)
  • 0.3% cash rebate on all other spend
  • DBS Payment Plan: pay 0% interest, up to 6 months

POSB Everyday Card is one of the best rebate cards on the market for daily essentials. Cardholders can typically earn as much as 10% cashback for online food delivery, dining, groceries, transport, personal care and even recurring bills. Some but not all of these categories have merchant restrictions, and groceries is frequently one of them. POSB Everyday Card usually offers 5% rebate on groceries specifically at Sheng Siong.

In addition to its rebates on daily essentials, POSB Everyday Card also fits into a modern lifestyle by providing all-in-one functionality. In addition to its ATM and credit capabilities, it can also be used for contactless payment of public transit fares. Overall, the general convenience of the card paired with its relevance to everyday spending make it a great match for the average consumer, as well as those with families.

  • Annual fee: S$192.60 (first year - waived)
  • 10% cash rebates on online food delivery (foodpanda, Deliveroo and WhyQ ) and 3% on other dining spend
  • 8% cash rebates on fuel (up to 21.8% at SPC)
  • 5% cash rebates on groceries (Sheng Siong)
  • 5% cash rebates on online shopping (Amazon, Lazada, Qoo10, Shopee, RedMart & iHerb)
  • 3% cash rebates on personal care at Watsons
  • 1% cash rebates on recurring bills with select merchants (capped at S$1/month)
  • 0.3% cash rebate on all other spend
  • DBS Payment Plan: pay 0% interest, up to 6 months
POSB Everyday Card is one of the best rebate cards on the market for daily essentials. Cardholders can typically earn as much as 10% cashback for online food delivery, dining, groceries, transport, personal care and even recurring bills. Some but not all of these categories have merchant restrictions, and groceries is frequently one of them. POSB Everyday Card usually offers 5% rebate on groceries specifically at Sheng Siong.

In addition to its rebates on daily essentials, POSB Everyday Card also fits into a modern lifestyle by providing all-in-one functionality. In addition to its ATM and credit capabilities, it can also be used for contactless payment of public transit fares. Overall, the general convenience of the card paired with its relevance to everyday spending make it a great match for the average consumer, as well as those with families.

Cashback + Miles for Local Food & Petrol: HSBC Visa Platinum Card

HSBC Visa Platinum Credit Card
HSBC Visa Platinum Credit Card
  • Annual fee: S$192.60 (waived for two years)
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
If you’re interested in earning both cashback and miles, consider HSBC Visa Platinum Card–which is especially great if you mostly spend on food locally. Cardholders earn 5% cash rebate on local dining & groceries, with no merchant restrictions, after just S$600 minimum spend. All other spend earns 0.4 miles per S$1. While this may seem small, there’s no minimum requirement to earn miles. Overall, cardholders can earn up to S$250 rebate/quarter, or up to S$1,000/year.

HSBC Visa Platinum Card also comes with a relatively easy fee-waiver. Cardholders are exempt from the S$180.0 fee after just S$12,500 annual spend (about S$1,042/month). At this spend level, you’d not only avoid the fee, but also earn S$50+/month in rewards. Ultimately, if you’re interested in flexible rewards and primarily spend on local dining & groceries, you might want to consider HSBC Visa Platinum Card.

HSBC Visa Platinum Credit Card
HSBC Visa Platinum Credit Card
  • Stand-Out: Rebates on local food & petrol, miles for general spend
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (waived for two years)
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
If you’re interested in earning both cashback and miles, consider HSBC Visa Platinum Card–which is especially great if you mostly spend on food locally. Cardholders earn 5% cash rebate on local dining & groceries, with no merchant restrictions, after just S$600 minimum spend. All other spend earns 0.4 miles per S$1. While this may seem small, there’s no minimum requirement to earn miles. Overall, cardholders can earn up to S$250 rebate/quarter, or up to S$1,000/year.

HSBC Visa Platinum Card also comes with a relatively easy fee-waiver. Cardholders are exempt from the S$180.0 fee after just S$12,500 annual spend (about S$1,042/month). At this spend level, you’d not only avoid the fee, but also earn S$50+/month in rewards. Ultimately, if you’re interested in flexible rewards and primarily spend on local dining & groceries, you might want to consider HSBC Visa Platinum Card.

Best Flat Rebate Card for Consistent Budgets: UOB One Card

  • Annual fee: S$192.60 (first year- waived)
  • 5% rebate on general spend, up to S$300/quarter (S$2,000 min spend) with min 5 transactions/mo
  • Up to 10% on Grab, Shopee, Dairy Farm Singapore & 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)
  • 0.03% rebate on all spend if no rebate earned for calendar year
  • Up to 20.80% savings at Shell and 24% at SPC
If you want a card that will reward all of your purchases, consider UOB One Card. Not only does this card offer one of the highest general rebate rates on the market, it also provides access to additional rebate programmes, and rewards bill pay.

Cardholders need only spend S$2,000/month consistently to earn S$300/quarter; lower spend earns a 3.33% rebate, rate up to S$50 or S$100/quarter. All kinds of spend, including on groceries and even utilities payments, earn rewards–online, offline, locally and overseas. In addition, transactions with select merchants ‘double’ earn by accumulating SMART$. For example, buying groceries at Cold Storage, Giant, Jasons and Market Place earns a 0.3% SMART$ rebate, which can be used to offset future purchases.

Overall, UOB One Card is great for stable spenders because of its high flat rebate, with a small boost for groceries. If you consistently spend S$2,000/month, this could be a great card for you.

  • Annual fee: S$192.60 (first year- waived)
  • 5% rebate on general spend, up to S$300/quarter (S$2,000 min spend) with min 5 transactions/mo
  • Up to 10% on Grab, Shopee, Dairy Farm Singapore & 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)
  • 0.03% rebate on all spend if no rebate earned for calendar year
  • Up to 20.80% savings at Shell and 24% at SPC
If you want a card that will reward all of your purchases, consider UOB One Card. Not only does this card offer one of the highest general rebate rates on the market, it also provides access to additional rebate programmes, and rewards bill pay.

Cardholders need only spend S$2,000/month consistently to earn S$300/quarter; lower spend earns a 3.33% rebate, rate up to S$50 or S$100/quarter. All kinds of spend, including on groceries and even utilities payments, earn rewards–online, offline, locally and overseas. In addition, transactions with select merchants ‘double’ earn by accumulating SMART$. For example, buying groceries at Cold Storage, Giant, Jasons and Market Place earns a 0.3% SMART$ rebate, which can be used to offset future purchases.

Overall, UOB One Card is great for stable spenders because of its high flat rebate, with a small boost for groceries. If you consistently spend S$2,000/month, this could be a great card for you.

Best Rebate Card for Low Spenders: Maybank Platinum Visa Card

  • Up to 3.33% rebate with S$300 min spend, capped at S$100
  • Promotions: Get Garmin vivomove Style worth S$469 spend S$300 for each of the 2 consecutive months upon approval
  • Read Our Full Review
  • Annual fee: S$80 (3 years fee waiver)
  • Subsequently quarterly service fee is waived w/ card use at least 1x/quarter
  • Up to 3.33% on all local and foreign currency spend
  • $30 quarterly rebate with at least S$300 monthly spend
  • S$100 quarterly rebate with at least S$1,000 monthly spend
  • Free travel insurance
If you’re a lower spender, you might have trouble meeting minimum spend requirements. With Maybank Platinum Visa Card, you can earn S$30/quarter–up to S$120/year–with just S$300 minimum local monthly spend. At this spend level, most cards offer just 0.3% cashback, which adds up to a remarkably small S$3.6/year. It’s worth mentioning that spending S$1,000/month earns S$100/quarter, at higher spend levels, this rate is a bit less competitive.

Maybank Platinum Visa Card also comes with a fee-waiver. The S$20.0 quarterly service fee is waived for a full 3 years, and subsequently, simply with card use. Essentially, Maybank Platinum Visa Card is the most accessible flat rebate card on the market, and is an excellent choice if you have a small grocery budget or tend to spend less in general.

  • Stand-Out: Up to 3.33% rebate with S$300 min spend, capped at S$100
  • Promotions: Get Garmin vivomove Style worth S$469 spend S$300 for each of the 2 consecutive months upon approval
  • Read Our Full Review
  • Annual fee: S$80 (3 years fee waiver)
  • Subsequently quarterly service fee is waived w/ card use at least 1x/quarter
  • Up to 3.33% on all local and foreign currency spend
  • $30 quarterly rebate with at least S$300 monthly spend
  • S$100 quarterly rebate with at least S$1,000 monthly spend
  • Free travel insurance
If you’re a lower spender, you might have trouble meeting minimum spend requirements. With Maybank Platinum Visa Card, you can earn S$30/quarter–up to S$120/year–with just S$300 minimum local monthly spend. At this spend level, most cards offer just 0.3% cashback, which adds up to a remarkably small S$3.6/year. It’s worth mentioning that spending S$1,000/month earns S$100/quarter, at higher spend levels, this rate is a bit less competitive.

Maybank Platinum Visa Card also comes with a fee-waiver. The S$20.0 quarterly service fee is waived for a full 3 years, and subsequently, simply with card use. Essentially, Maybank Platinum Visa Card is the most accessible flat rebate card on the market, and is an excellent choice if you have a small grocery budget or tend to spend less in general.

Best No-Fee Card for Rebates on Essentials: OCBC 365 Card

  • Annual fee: S$192.60 (automatic annual fee waiver with min annual spend of S$10,000)
  • 6% rebate on local, overseas dining & online food delivery
  • 3% rebate on local, overseas and online groceries
  • 3% rebate on land transport, utilities (telco and electricity bills) & online travel
  • 5% rebate on petrol (up to 22.1% fuel savings at Caltex and 20.2% with Esso)
  • 0.3% cashback on all other spend
  • Visa Signature Privileges
OCBC 365 Card is the best no-fee rebate card for essentials on the market, and even rewards groceries. Cardholders earn 6% cashback on dining & online food delivery and 3% on groceries (including online delivery), land transport (like Grab), travel bookings, and recurring bills. There are no merchant restrictions, and rates apply locally and overseas, making OCBC 365 Card especially versatile.

It’s worth mentioning that cardholders must spend S$800/month to access these rates, but if they spend just a bit more (about S$833/month), they can actually earn a fee waiver as well–cardholders are exempt from the S$192.6 fee with just S$10,000 annual spend. Overall, OCBC 365 Card is worth considering if you want more than just a grocery card–you want a no-fee everyday card, with a quite respectable grocery rewards rate.

  • Stand-Out: High travel & dining cashback plus exclusive travel deals
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (automatic annual fee waiver with min annual spend of S$10,000)
  • 6% rebate on local, overseas dining & online food delivery
  • 3% rebate on local, overseas and online groceries
  • 3% rebate on land transport, utilities (telco and electricity bills) & online travel
  • 5% rebate on petrol (up to 22.1% fuel savings at Caltex and 20.2% with Esso)
  • 0.3% cashback on all other spend
  • Visa Signature Privileges
OCBC 365 Card is the best no-fee rebate card for essentials on the market, and even rewards groceries. Cardholders earn 6% cashback on dining & online food delivery and 3% on groceries (including online delivery), land transport (like Grab), travel bookings, and recurring bills. There are no merchant restrictions, and rates apply locally and overseas, making OCBC 365 Card especially versatile.

It’s worth mentioning that cardholders must spend S$800/month to access these rates, but if they spend just a bit more (about S$833/month), they can actually earn a fee waiver as well–cardholders are exempt from the S$192.6 fee with just S$10,000 annual spend. Overall, OCBC 365 Card is worth considering if you want more than just a grocery card–you want a no-fee everyday card, with a quite respectable grocery rewards rate.

Cashback Card for Groceries & Discretionary Spend: CIMB Visa Signature Card

  • Up to 10% rebate on online shopping, groceries & more
  • Promotions: Click on our link to get the latest promotion from CIMB!
  • Read Our Full Review
  • Annual fee: free for life
  • 10% cashback on groceries, online shopping, beauty, petcare & cruises
  • Unlimited 0.2% cashback on all other spend
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
With CIMB Visa Signature Card, cardholders can earn a market-leading 10% rebate on groceries after just S$800 minimum spend. This is in fact one of the most flexible offers out there–purchases made online, offline, locally and overseas all qualify for rewards. In addition, cardholders can earn 10% cashback in discretionary categories, such as online fashion shopping, beauty and wellness, petcare, and even transactions with cruise lines–up to a cumulative S$100/month.

While these spend categories may seem a bit unique at first, they in fact make CIMB Visa Signature Card stand out from competitors. Very few cards reward spend on pets or distinctly for beauty and wellness expenses. In addition, category rewards caps of S$20 can easily be maxed out with S$200 spend. Finally, even if you do not regularly spend across all of these categories, CIMB Visa Signature's high rebate rates can still be of benefit with no risk and no maintenance, as there's no annual fee.

  • Stand-Out: Up to 10% rebate on online shopping, groceries & more
  • Promotions: Click on our link to get the latest promotion from CIMB!
  • Read Our Full Review
  • Annual fee: free for life
  • 10% cashback on groceries, online shopping, beauty, petcare & cruises
  • Unlimited 0.2% cashback on all other spend
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
With CIMB Visa Signature Card, cardholders can earn a market-leading 10% rebate on groceries after just S$800 minimum spend. This is in fact one of the most flexible offers out there–purchases made online, offline, locally and overseas all qualify for rewards. In addition, cardholders can earn 10% cashback in discretionary categories, such as online fashion shopping, beauty and wellness, petcare, and even transactions with cruise lines–up to a cumulative S$100/month.

While these spend categories may seem a bit unique at first, they in fact make CIMB Visa Signature Card stand out from competitors. Very few cards reward spend on pets or distinctly for beauty and wellness expenses. In addition, category rewards caps of S$20 can easily be maxed out with S$200 spend. Finally, even if you do not regularly spend across all of these categories, CIMB Visa Signature's high rebate rates can still be of benefit with no risk and no maintenance, as there's no annual fee.

No Limit on Overseas & General Spend: BOC Sheng Siong Credit Card

Bank of China Sheng Siong Card
Bank of China Sheng Siong Card
  • Up to 12% cashback on Sheng Siong purchases
  • Promotions:
  • Annual fee: S$32.10 (first year waived)
  • Up to 12% cashback on Sheng Siong
  • 1.6% unlimited cashback on all overseas spend
  • 0.3% cashback on all other spend
The BOC Sheng Siong Credit Card is a great choice for individuals who want to earn boosted cashback on their grocery purchases. With no minimum spend required, you will earn 6% cashback on all of your Sheng Siong purchases. However, your Sheng Siong cashback rate increases to 12% if you spend S$600 or more per month on purchases outside of Sheng Siong. Cardholders will also receive 1.6% cashback on any purchases made in another country.


Rewards for Sheng Siong spend are capped at S$75/month (S$45 for the initial rate and S$30 for the additional rate). However, there is no limit to the amount of cashback an individual can earn on their overseas and general spend. Overall, this card offers great value for Sheng Siong loyalists who want to start earning rewards on their grocery purchases with no minimum obligation.

Bank of China Sheng Siong Card
Bank of China Sheng Siong Card
  • Stand-Out: Up to 12% cashback on Sheng Siong purchases
  • Promotions:
  • Annual fee: S$32.10 (first year waived)
  • Up to 12% cashback on Sheng Siong
  • 1.6% unlimited cashback on all overseas spend
  • 0.3% cashback on all other spend
The BOC Sheng Siong Credit Card is a great choice for individuals who want to earn boosted cashback on their grocery purchases. With no minimum spend required, you will earn 6% cashback on all of your Sheng Siong purchases. However, your Sheng Siong cashback rate increases to 12% if you spend S$600 or more per month on purchases outside of Sheng Siong. Cardholders will also receive 1.6% cashback on any purchases made in another country.


Rewards for Sheng Siong spend are capped at S$75/month (S$45 for the initial rate and S$30 for the additional rate). However, there is no limit to the amount of cashback an individual can earn on their overseas and general spend. Overall, this card offers great value for Sheng Siong loyalists who want to start earning rewards on their grocery purchases with no minimum obligation.

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

Zoryana Melesh

Zoryana is a Senior Research Analyst at ValueChampion, who focuses on evaluating credit cards, savings and fixed deposits in Singapore. She holds a BA in Political Science and an MPA in International Finance and Economic Policy, both from Columbia University. Prior to joining ValueChampion, Zoryana worked in treasury management consulting.

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