Best SPC Credit Card Discounts 2024
Many credit cards partner with petrol brands to offer consumers special discounted rates. We've reviewed over 100+ credit cards in Singapore to identify those that offer great fuel savings with SPC as well as high rewards rates and attractive perks. Our in-depth analsysis provides insight into the comparative strengths of each card so you can determine which is the right fit for you.
Best Miles Credit Cards for SPC Discounts
Best Cashback Credit Cards for SPC Discounts
Best High Income Cards for SPC Discounts:
Best Online Shopping Card for SPC Discounts
Best Card with SPC Discounts for Young Adults
- DBS Altitude: Earn 5 miles per S$1 spend on online flight & hotel transactions (capped at S$5,000 per month) and overseas spend (at point-of-sale), earn S$1 = 2 miles on overseas spend (online transactions), earn S$1 = 1.2 miles on local spend. All miles earned through this card is via DBS Points and thus will never expire. (Up to 15% fuel savings at SPC)
- KrisFlyer UOB: 3mi/S$1 on dining, transport, shopping & travel (Up to 20% fuel savings at SPC)
- Amex SIA KrisFlyer: Directly earn KrisFlyer miles, S$150 SIA credit (Up to 21% fuel savings at SPC)
- UOB One: Highest flat rebate on the market, earn up to $300/qtr (Up to 24% fuel savings at SPC)
- POSB Everyday: Rebates up to 10% in Singapore (Up to 20.1% fuel savings at SPC)
- DBS Live Fresh: Top rebates for online & contactless spend (Up to 15% fuel savings at SPC)
- Amex True Cash Back: Unlimited 1.5% rebate + Amex benefits (Up to 21% fuel savings at SPC)
- Amex SIA KrisFlyer Ascend: Elite perks inc. hotel & flight upgrades (Up to 21% fuel savings at SPC)
- UOB PRVI Miles Amex: Fee-waiver & 20k miles w/ S$50k spend (Up to 20% fuel savings at SPC)
- DBS Woman's World: Get up to 10X DBS Points (or 20 miles) for online purchases, 3X DBS Point (or 6 miles) for overseas purchases and 1X DBS Point (or 2 miles) for other purchases(Up to 15% fuel savings at SPC)
- UOB YOLO: 8% rebate on wknd dining, entertainment & Grab (Up to 20% fuel savings at SPC)
Compare the Best Credit Cards with SPC Discounts in Singapore by Dollar Value
Based on a high monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.
Best Credit Cards with SPC Discounts in Singapore by Estimated 2-Year Dollar Value
Best Cashback Cards for SPC Discounts
Best High Income Cards for SPC Discounts:
Best Shopping Card for SPC Discounts
Best Card with SPC Discounts for YA
Compare Credit Cards with SPC Discounts by Dollar Value
Based on a high monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.
Best Credit Cards with SPC Discounts in Singapore by Estimated 2-Year Dollar Value
SPC in Singapore: How Do Petrol Discounts Work?
Many credit cards advertise special petrol discounts and promotions–but how are these savings actually achieved? At SPC, SPC&U Members who've signed up for the brand's loyalty programme (which is free) earn an immediate and on-the-spot 10% discount on their fuel. Partnering credit cards then layer an additional discount, typically 5%, which adds to this loyalty perk. Finally, specific credit cards may offer an additional boost, which may be derived from a card-inherent rate (i.e. 5% cashback on petrol) or be awarded based on transaction amount (i.e. S$3 off of every S$60 gross petrol purchase). These discounts stack together to create a final SPC discount rate.
Best Cashback Cards with SPC Petrol Discounts
If you prefer earning everyday rebates on your spend, consider these great cashback cards.
UOB One Credit Card: Top Flat Rebate for Consistent Spenders
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Those with a stable budget of about S$2,000/month can potentially earn up to S$1,200/year in rewards with UOB One Card. At this consistent spend level, cardholders earn 5% cashback, up to S$100/month (rewarded as S$300/quarter). It's worth mentioning that lower or variable spenders with budgets of at least S$1,000 or S$500 month can still earn at 3.33%–up to S$33/month or S$17/month, respectively–but these rates are somewhat less competitive.
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Those with a stable budget of about S$2,000/month can potentially earn up to S$1,200/year in rewards with UOB One Card. At this consistent spend level, cardholders earn 5% cashback, up to S$100/month (rewarded as S$300/quarter). It's worth mentioning that lower or variable spenders with budgets of at least S$1,000 or S$500 month can still earn at 3.33%–up to S$33/month or S$17/month, respectively–but these rates are somewhat less competitive.
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POSB Everyday Card: Promotional Rebates in Key Categories
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People who want to earn easy rebates on their daily spend may want to consider POSB Everyday Card. Cardholders earn high promotional rates across a variety of spend categories, like on food (online delivery, groceries & dining), transport (including petrol ), personal care and even recurring bills. In fact, while they frequently change, rebates are often as high as 8% in select categories. While some categories are merchant restricted, those selected tend to be quite popular (such as Sheng Siong and Watsons). And, as only some categories have earnings caps, cardholders technically have the opportunity to earn limitless cashback. Overall, POSB Everyday Card is a great match for people seeking rebates on daily spend and who don't mind shopping with specific merchants.
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People who want to earn easy rebates on their daily spend may want to consider POSB Everyday Card. Cardholders earn high promotional rates across a variety of spend categories, like on food (online delivery, groceries & dining), transport (including petrol), personal care and even recurring bills. In fact, while they frequently change, rebates are often as high as 8% in select categories. While some categories are merchant restricted, those selected tend to be quite popular (such as Sheng Siong and Watsons). And, as only some categories have earnings caps, cardholders technically have the opportunity to earn limitless cashback. Overall, POSB Everyday Card is a great match for people seeking rebates on daily spend and who don't mind shopping with specific merchants.
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DBS Live Fresh: Online & Contactless Cashback
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Modern spenders who feel comfortable using digital wallets can quickly maximise earnings with DBS Live Fresh Card. Cardholders earn 5% cashback on online & contactless spend via Visa payWave (using Apple Pay, Google Pay, Samsung Pay & more) after reaching a relatively accessible S$600 minimum spend requirement. Given that most merchants in Singapore now accept contactless payments, it's fairly easy to max out the S$60 earnings cap with just S$1,200 monthly spend. As a result, people with a budget of this approximate size can easily earn up to S$720/year with DBS Live Fresh Card.
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Modern spenders who feel comfortable using digital wallets can quickly maximise earnings with DBS Live Fresh Card. Cardholders earn 5% cashback on online & contactless spend via Visa payWave (using Apple Pay, Google Pay, Samsung Pay & more) after reaching a relatively accessible S$600 minimum spend requirement. Given that most merchants in Singapore now accept contactless payments, it's fairly easy to max out the S$60 earnings cap with just S$1,200 monthly spend. As a result, people with a budget of this approximate size can easily earn up to S$720/year with DBS Live Fresh Card.
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Best High Income Cards with SPC Petrol Discounts
Affluent individuals can enjoy uncapped rewards & luxury perks with these credit cards.
American Express True Cashback Card: Unltd. Rebates + Sign-on Boost
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High spenders who typically feel limited by capped rebate cards can reach their full rewards potential with American Express True Cashback Card. Cardholders earn an unlimited 1.5% rebate on all spend, boosted to 3% for the 1st 6 months (up to S$150) with just S$5,000 minimum spend. Few other unlimited cards offer such a lucrative sign-on bonus. In addition, the S$171.2 annual fee is lower than the S$192.6 charged by many competitors. With Amex True Cashback Card, affluent individuals can not only maximise rewards without worrying about rewards caps but also enjoy accelerated rates after sign-up.
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High spenders who typically feel limited by capped rebate cards can reach their full rewards potential with American Express True Cashback Card. Cardholders earn an unlimited 1.5% rebate on all spend, boosted to 3% for the 1st 6 months (up to S$150) with just S$5,000 minimum spend. Few other unlimited cards offer such a lucrative sign-on bonus. In addition, the S$171.2 annual fee is lower than the S$192.6 charged by many competitors. With Amex True Cashback Card, affluent individuals can not only maximise rewards without worrying about rewards caps but also enjoy accelerated rates after sign-up.
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American Express Singapore Airlines Krisflyer Ascend Card: Luxury Perks for SIA Loyalists
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Wealthy travellers who prefer flying with Singapore Airlines but also want luxury perks should consider American Express Singapore Airlines KrisFlyer Ascend Card. Cardholders earn 1.2 miles per S$1 general spend, up to 2 miles overseas (June & December only) and on SIA brands, and 3.2 miles on Grab transactions (spend with SPC does not earn miles, but consumers can still enjoy corresponding fuel discounts). Cardholders also enjoy a myriad of welcome bonuses, which can add up to over 21,000 bonus miles within 3 months.
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Wealthy travellers who prefer flying with Singapore Airlines but also want luxury perks should consider American Express Singapore Airlines KrisFlyer Ascend Card. Cardholders earn 1.2 miles per S$1 general spend, up to 2 miles overseas (June & December only) and on SIA brands, and 3.2 miles on Grab transactions (spend with SPC does not earn miles, but consumers can still enjoy corresponding fuel discounts). Cardholders also enjoy a myriad of welcome bonuses, which can add up to over 21,000 bonus miles within 3 months.
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UOB PRVI Miles American Express Card: Rapid, No-Fee Miles Accrual
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UOB PRVI Miles American Express Card is perhaps the best travel credit card for above average spenders seeking to rapidly accrue no-fee miles. Cardholders earn impressive rates of 1.4 miles per S$1 local spend, 2.4 miles overseas and 6 miles with major hotels and airlines–which align with rates offered by some of the priciest travel credit cards. And yet, UOB PRVI Miles Amex charges a much lower-than-average fee amongst luxury credit cards, at just S$256.8. Even better, those who spend S$50k annually (about S$4,167/month) are exempt from the fee altogether–and also receive 20,000 bonus miles (worth S$200). While there aren't many luxury travel perks, UOB PRVI Miles Amex Card is the absolute best card available for above average spenders who want to rapidly accrue miles.
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UOB PRVI Miles American Express Card is perhaps the best travel credit card for above average spenders seeking to rapidly accrue no-fee miles. Cardholders earn impressive rates of 1.4 miles per S$1 local spend, 2.4 miles overseas and 6 miles with major hotels and airlines–which align with rates offered by some of the priciest travel credit cards. And yet, UOB PRVI Miles Amex charges a much lower-than-average fee amongst luxury credit cards, at just S$256.8. Even better, those who spend S$50k annually (about S$4,167/month) are exempt from the fee altogether–and also receive 20,000 bonus miles (worth S$200). While there aren't many luxury travel perks, UOB PRVI Miles Amex Card is the absolute best card available for above average spenders who want to rapidly accrue miles.
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Best Online & Shopping Card with SPC Petrol Discounts
If you frequently shop online and want to earn on your purchases, consider this credit card.
DBS Woman's World: 0% Interest Instal Plan
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Online shoppers who tend to make big purchases and pay for them over time can benefit from DBS Woman’s World Card. Cardholders earn 4 miles per S$1 spend on online shopping, plus 0.4 miles on local general transactions and 1.2 miles overseas. Miles are capped at 8,000/month (worth about S$80), which is double that offered by competitor cards. DBS Woman's World also stands out by offering a 0% interest instalment plan which allows cardholders to break up large transactions into smaller payments over time. Unlike with other credit card plans, there's no processing fee, so consumers won't need to worry about extra costs just for accessing this benefit.
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Online shoppers who tend to make big purchases and pay for them over time can benefit from DBS Woman’s World Card. Cardholders earn 4 miles per S$1 spend on online shopping, plus 0.4 miles on local general transactions and 1.2 miles overseas. Miles are capped at 8,000/month (worth about S$80), which is double that offered by competitor cards. DBS Woman's World also stands out by offering a 0% interest instalment plan which allows cardholders to break up large transactions into smaller payments over time. Unlike with other credit card plans, there's no processing fee, so consumers won't need to worry about extra costs just for accessing this benefit.
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Best Card for Young Adults with SPC Petrol Discounts
Even young drivers can access great petrol savings with this top-notch credit card.
UOB YOLO Card: Cashback for Weekend Social Spend
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If you're a young adult seeking rewards on weekend and social spend, consider UOB YOLO Card. Cardholders earn up to 8% cashback on weekend dining, entertainment, Grab & UOB Travel transactions (3% on weekdays) plus 3% on online fashion & travel bookings. These rates are unlocked with S$600 minimum spend, which is lower than the market standard, and rewards are capped at S$60/month, allowing cardholders to earn up to S$720/year. Finally, the S$192.6 fee is waived the first year, allowing young adults to focus instead on earning from their weekend and social spending.
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If you're a young adult seeking rewards on weekend and social spend, consider UOB YOLO Card. Cardholders earn up to 8% cashback on weekend dining, entertainment, Grab & UOB Travel transactions (3% on weekdays) plus 3% on online fashion & travel bookings. These rates are unlocked with S$600 minimum spend, which is lower than the market standard, and rewards are capped at S$60/month, allowing cardholders to earn up to S$720/year. Finally, the S$192.6 fee is waived the first year, allowing young adults to focus instead on earning from their weekend and social spending.
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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.