Best Shell Credit Card Discounts in Singapore 2021

Shell is not only one of the most popular petrol brands in Singapore, it also offers some of the best discounts through partnerships with select credit cards. We've identified which of these credit cards not only have the best fuel savings at Shell, but also offer competitive cashback and miles rewards rates for consumers.

Best Miles Credit Cards for Shell Discounts
  • KrisFlyer UOB: 3mi/S$1 on dining, transport, shopping & travel (Up to 13.6% fuel savings at Shell)
Best Cashback Credit Cards for Shell Discounts
  • UOB One: Highest flat rebate on the market, earn up to $300/qtr (Up to 21.15% fuel savings at Shell)
Best Cards for Shell Discounts with No Annual Fee:
  • HSBC Revolution: 2 mi/S$1 local dining, entertainment & online (Up to 14% fuel savings at Shell)
  • HSBC V. Platinum: 5% rebate on groceries, dining & petrol, miles for general (Up to 18.30% fuel savings at Shell)
Best Cards with Shell Discounts for High Income Earners
  • HSBC Advance: Up to 3.5% cashback capped at S$300/month (Up to 14% fuel savings at Shell)
Best Cards with Shell Discounts for Young Adults
  • UOB YOLO: 8% rebate on wknd dining, entertainment & Grab (Up to 13.60% fuel savings at Shell)

Compare the Best Shell Credit Card 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.

A graph displaying how the best credit cards with Shell discounts compare to one another in terms of their rewards
Best Credit Cards with Shell Discounts in Singapore by Estimated 2-Year Dollar Value
Best Miles Cards for Shell Discounts Best Cashback Cards for Shell Discounts Best Cards for Shell Discounts w/ No Fee: Best High Income Cards w/ Shell Discounts Best Cards w/ Shell Discounts for YA

Compare Credit Cards with Shell 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.

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

Shell in Singapore: How Do Petrol Discounts Work?

With costs ever-rising, fuel savings are increasingly important. But how do credit card petrol discounts really work? At Shell, cardholders typically receive a 10% discount upfront, comprised of a 5% on-site discount and 5% Shell Escape Card discount. You need to apply for a Shell Escape Card at a station and present it at each refill in order to qualify. You may then receive an added issuer bonus, typically equal to 4%. Finally, certain cards earn an extra boost as part of their rewards structure (i.e., a built-in 8% rebate on all petrol spend). This final bonus is applied after the previous discount of 10%–14% has been applied. Therefore, the effective savings rate will not be exactly equal to the sum of all discounts. You can find example breakdowns on most card issuers' websites.

Best Air Miles Card with Shell Petrol Discounts

Travellers looking to earn miles while saving on petrol locally & abroad should consider the card below.

KrisFlyer UOB Credit Card: Miles for Young SIA Flyers

  • Boosted everyday miles w/ SIA perks & privileges
  • Current Petrol Discount: Up to 13.6% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (first year - waived
  • 3.0 KF miles/S$1 on spend with SIA brands (SIA, SilkAir, Scoot, KrisShop)
  • 3.0 KF miles/S$1 on dining & food delivery, online shopping & travel and transport–with min. S$500 annual spend on SIA brands
  • 1.2 KrisFlyer miles/S$1 on general spend, locally & overseas
  • 10,000 annual bonus renewal miles
  • 3,000 welcome miles after first transaction (min S$5)
If you're a young traveller open to exclusively flying with SIA, you should definitely consider KrisFlyer UOB Card. Cardholders earn a base rate of 1.2 miles per S$1 on general local an overseas spend. This rate is boosted to 3 miles per S$1 for spend with SIA brands, like SIA, SilkAir, Scoot and KrisShop. Those who spend S$500 per year with SIA can also boost their rewards to 3 miles for spend on dining, transport, online fashion shopping and travel bookings. This is ideal for young adults that spend in such categories and travel a few times every year.


Cardholders who travel on a budget are also likely to benefit from KF UOB's unique travel privileges. Consumers have access to perks with Scoot–SIA's most affordable airline–including free priority check-in & boarding, baggage allowance upgrades, complimentary standard seat selection and booking flexibility waivers for every flight. Cardholders can also enjoy a S$20 cash rebate with S$100 nett spend at KrisShop and S$15 vouchers both for ChangiWiFi and for Grab rides to and from Changi Airport. KF UOB Card is also very affordable, as the 10,000 annual miles bonus (worth about S$100) offsets more than half of the S$192.6 annual fee. Overall, young SIA loyalists can likely benefit more from KrisFlyer UOB Card than from any other option on the market.

  • Stand-Out: Boosted everyday miles w/ SIA perks & privileges
  • Current Petrol Discount: Up to 13.6% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (first year - waived
  • 3.0 KF miles/S$1 on spend with SIA brands (SIA, SilkAir, Scoot, KrisShop)
  • 3.0 KF miles/S$1 on dining & food delivery, online shopping & travel and transport–with min. S$500 annual spend on SIA brands
  • 1.2 KrisFlyer miles/S$1 on general spend, locally & overseas
  • 10,000 annual bonus renewal miles
  • 3,000 welcome miles after first transaction (min S$5)
If you're a young traveller open to exclusively flying with SIA, you should definitely consider KrisFlyer UOB Card. Cardholders earn a base rate of 1.2 miles per S$1 on general local an overseas spend. This rate is boosted to 3 miles per S$1 for spend with SIA brands, like SIA, SilkAir, Scoot and KrisShop. Those who spend S$500 per year with SIA can also boost their rewards to 3 miles for spend on dining, transport, online fashion shopping and travel bookings. This is ideal for young adults that spend in such categories and travel a few times every year.


Cardholders who travel on a budget are also likely to benefit from KF UOB's unique travel privileges. Consumers have access to perks with Scoot–SIA's most affordable airline–including free priority check-in & boarding, baggage allowance upgrades, complimentary standard seat selection and booking flexibility waivers for every flight. Cardholders can also enjoy a S$20 cash rebate with S$100 nett spend at KrisShop and S$15 vouchers both for ChangiWiFi and for Grab rides to and from Changi Airport. KF UOB Card is also very affordable, as the 10,000 annual miles bonus (worth about S$100) offsets more than half of the S$192.6 annual fee. Overall, young SIA loyalists can likely benefit more from KrisFlyer UOB Card than from any other option on the market.

Best Cashback Cards with Shell Petrol Discounts

These cards provide great fuel savings at Shell and top rebates on daily expenditures.

UOB One Credit Card: High Flat Rebate for Stable Budgets

  • Up to 10% rebate on all spend, S$300/quarter
  • Current Petrol Discount: Up to 21.15% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • 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 have a stable budget of about S$2,000/month, look no further than UOB One Card. Consumers who can maintain spend at this level across an entire quarter (3 months) earn 5% flat rebate on all spend–up to S$100/month. This is one of the highest potential earnings currently on the market. Also, while people who spend at least S$1,000/mo or S$500/mo across a quarter earn 3.33% flat cashback (up to S$33/mo or S$17/mo, respectively), these rates are slightly less competitive.


While UOB One Card offers up to 5% cashback on all spend, it's possible to earn a boost in certain categories. Spend on power utilities bills earns a bonus +1% rebate, and both UOB Travel Planner and Grab transactions (exc. mobile wallet top-ups) earn a bonus +5%. Additionally, petrol discounts at Shell stack on top of the 5% base, boosting total fuel savings to one of the highest rates on the market. Overall, UOB One Card is ideal for consumers who can consistently maintain a S$2,000 monthly budget and who frequently buy petrol with Shell.

  • Stand-Out: Up to 10% rebate on all spend, S$300/quarter
  • Current Petrol Discount: Up to 21.15% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • 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 have a stable budget of about S$2,000/month, look no further than UOB One Card. Consumers who can maintain spend at this level across an entire quarter (3 months) earn a 5% flat rebate on all spend–up to S$100/month. This is one of the highest potential earnings currently on the market. Also, while people who spend at least S$1,000/mo or S$500/mo across a quarter earn 3.33% flat cashback (up to S$33/mo or S$17/mo, respectively), these rates are slightly less competitive.


While UOB One Card offers up to 5% cashback on all spend, it's possible to earn a boost in certain categories. Spend on power utilities bills earns a bonus +1% rebate, and both UOB Travel Planner and Grab transactions (exc. mobile wallet top-ups) earn a bonus +5%. Additionally, petrol discounts at Shell stack on top of the 5% base, boosting total fuel savings to one of the highest rates on the market. Overall, UOB One Card is ideal for consumers who can consistently maintain a S$2,000 monthly budget and who frequently buy petrol with Shell.

Best No Fee Cards with Shell Petrol Discounts

If you want to save on petrol without having to pay an annual fee, consider the cards below.

HSBC Revolution: Miles for Online & Social Spend

HSBC Revolution Credit Card
HSBC Revolution Credit Card
  • Up to 4mi/S$1 spend on online insurance & bill-pay
  • Current Petrol Discount: Up to 14% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: none
  • 4 miles (10 points) per S$1 spend online and via contactless payments (airlines, food delivery and retail)
  • 0.4 miles (1 point) per S$1 on all other spend (non-contactless payment)
  • No minimum spend requirement and no annual fee
  • 16% off petrol at Caltex and 14% off at Shell
HSBC Revolution Card is one of the best credit cards on the market for social local & online spenders–especially those who want to avoid paying an annual fee. Cardholders earn 2 miles per S$1 spend on local dining & entertainment and for online spend–including bills, transit payments and travel bookings. Few credit cards reward such online payments, making HSBC Revolution Card rather unique. Even better, consumers are exempt from paying the S$160.5 annual fee for 2 years and subsequently, with just S$12,500 annual spend (about S$1,042/month). When paired with its competitive petrol discount, these perks make HSBC Revolution Card ideal for people who want to save on key expenses without having to worry about added costs.
HSBC Revolution Credit Card
HSBC Revolution Credit Card
  • Stand-Out: Up to 4mi/S$1 spend on online insurance & bill-pay
  • Current Petrol Discount: Up to 14% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: none
  • 4 miles (10 points) per S$1 spend online and via contactless payments (airlines, food delivery and retail)
  • 0.4 miles (1 point) per S$1 on all other spend (non-contactless payment)
  • No minimum spend requirement and no annual fee
  • 16% off petrol at Caltex and 14% off at Shell
HSBC Revolution Card is one of the best credit cards on the market for social local & online spenders–especially those who want to avoid paying an annual fee. Cardholders earn 2 miles per S$1 spend on local dining & entertainment and for online spend–including bills, transit payments and travel bookings. Few credit cards reward such online payments, making HSBC Revolution Card rather unique. Even better, consumers are exempt from paying the S$160.5 annual fee for 2 years and subsequently, with just S$12,500 annual spend (about S$1,042/month). When paired with its competitive petrol discount, these perks make HSBC Revolution Card ideal for people who want to save on key expenses without having to worry about added costs.

HSBC Visa Platinum: Cashback + Miles Rewards

HSBC Visa Platinum Credit Card
HSBC Visa Platinum Credit Card
  • Rebates on local food & petrol, miles for general spend
  • Current Petrol Discount: Up to 18.30% fuel savings at Shell
  • 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)
Moderate, primarily local spenders interested in earning both miles and cashback for their daily spend may want to consider HSBC Visa Platinum Card. Cardholders earn 5% rebate on local food (dining and groceries) as well as on petrol–which is especially beneficial, as these categories make up a large part of the average consumer's budget. This petrol rebate also stacks with several Shell discounts–including an instant on-site bonus and Shell Escape discount–to further boost savings. These rates are unlocked with a reasonable S$600 minimum spend requirement, and earnings are capped at S$250/quarter (about S$83/month).


Consumers earn 0.4 miles per S$1 spend on all other purchases, including foreign currency transactions. While this rate may seem low, earning is easy as there are no minimum spend requirements and no cap on miles earnings. In addition, the card's S$180.0 annual fee is waived for 2 years, and then with just S$12,500 annual spend. Consumers looking for diversified rewards plus top discounts at Shell can benefit from 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
  • Current Petrol Discount: Up to 18.30% fuel savings at Shell
  • 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)
Moderate, primarily local spenders interested in earning both miles and cashback for their daily spend may want to consider HSBC Visa Platinum Card. Cardholders earn 5% rebate on local food (dining and groceries) as well as on petrol–which is especially beneficial, as these categories make up a large part of the average consumer's budget. This petrol rebate also stacks with several Shell discounts–including an instant on-site bonus and Shell Escape discount–to further boost savings. These rates are unlocked with a reasonable S$600 minimum spend requirement, and earnings are capped at S$250/quarter (about S$83/month).


Consumers earn 0.4 miles per S$1 spend on all other purchases, including foreign currency transactions. While this rate may seem low, earning is easy as there are no minimum spend requirements and no cap on miles earnings. In addition, the card's S$180.0 annual fee is waived for 2 years, and then with just S$12,500 annual spend. Consumers looking for diversified rewards plus top discounts at Shell can benefit from HSBC Visa Platinum Card.

Best High Income Cards with Shell Petrol Discounts

Even high spenders can benefit from fuel savings. These options are great for Shell loyalists.

HSBC Advance Card: Top Flat Rebate for Advance Customers

HSBC Advance Credit Card
HSBC Advance Credit Card
  • Up to 3.5% flat cashback, lofty S$300/month rewards cap
  • Current Petrol Discount: Up to 14% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • 2.5% base cashback on purchases of S$2,000 and above
  • 1% bonus cashback when deposit min S$2,000 per month
  • Up to 16% fuel savings with Caltex and 14% petrol discount with Shell
  • Visa Concierge and e-Commerce purchase protection
If you're a higher spender willing to consider opening an HSBC Advance account, HSBC Advance Card offers a great way to maximise cashback on nearly all spend. Consumers spending at least S$2,000/month the opportunity to earn an incredible 3.5% cashback rate–the highest potential earning value on the market for capped cashback cards.

Cardholders can earn 3.5% cashback, 2.5% base rate + 1% bonus rate, for spending at least S$2,000 and depositing a minimum of S$2,000 per month in fresh funds and charging at least five transactions to their account. With this bonus rate, monthly cashback is capped at S$300, which is S$3,600 per year in savings. Customers with above-average budgets can easily earn far more in rewards than with any other capped cashback card on the market.

HSBC Advance Credit Card
HSBC Advance Credit Card
  • Stand-Out: Up to 3.5% flat cashback, lofty S$300/month rewards cap
  • Current Petrol Discount: Up to 14% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • 2.5% base cashback on purchases of S$2,000 and above
  • 1% bonus cashback when deposit min S$2,000 per month
  • Up to 16% fuel savings with Caltex and 14% petrol discount with Shell
  • Visa Concierge and e-Commerce purchase protection
If you're a higher spender willing to consider opening an HSBC Advance account, HSBC Advance Card offers a great way to maximise cashback on nearly all spend. Consumers spending at least S$2,000/month the opportunity to earn an incredible 3.5% cashback rate–the highest potential earning value on the market for capped cashback cards.

Cardholders can earn 3.5% cashback, 2.5% base rate + 1% bonus rate, for spending at least S$2,000 and depositing a minimum of S$2,000 per month in fresh funds and charging at least five transactions to their account. With this bonus rate, monthly cashback is capped at S$300, which is S$3,600 per year in savings. Customers with above-average budgets can easily earn far more in rewards than with any other capped cashback card on the market.

Best Online & Shopping Card with Shell Petrol Discounts

Whether you're shopping online or on-the-go, this card provides rewards & savings fit to your lifestyle.

Best Cards for Young Adults with Shell Petrol Discounts

These cards are a great fit for new drivers seeking a credit card tailored to young adults.

UOB YOLO Card: Rebates for Young Social Spenders

  • 8% cashback on online & mobile contactless spend, 0.3% all other spend (max S$60/month)
  • Current Petrol Discount: Up to 13.60% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • Subsequently waived after you make 3 transactions monthly
  • 8% cashback on online and mobile contactless spend
  • 0.3% cashback on all other spend
  • S$600 min spend, S$60 cashback cap
  • Southeast Asia’s first bio-sourced card
UOB YOLO Card is a great option for young social spenders. Cardholders earn up to 8% cashback on weekend dining, Grab, entertainment & select UOB Travel spend (3% on weekdays), as well as 3% cashback on online travel & fashion spend. Those who prefer driving to ride shares can take advantage of special UOB discounts with Shell. Rewards are capped at S$60/month.


UOB YOLO Card does have a S$600 minimum spend requirement to unlock its top rates, but this is somewhat lower than the S$800+ required by many other rebate cards on the market. In addition, the S$192.6 fee is waived the 1st year. All in all, UOB YOLO Card is a great fit for social young adults with moderate budgets.

  • Stand-Out: 8% cashback on online & mobile contactless spend, 0.3% all other spend (max S$60/month)
  • Current Petrol Discount: Up to 13.60% fuel savings at Shell
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$192.60 (first year- waived)
  • Subsequently waived after you make 3 transactions monthly
  • 8% cashback on online and mobile contactless spend
  • 0.3% cashback on all other spend
  • S$600 min spend, S$60 cashback cap
  • Southeast Asia’s first bio-sourced card
UOB YOLO Card is a great option for young social spenders. Cardholders earn up to 8% cashback on weekend dining, Grab, entertainment & select UOB Travel spend (3% on weekdays), as well as 3% cashback on online travel & fashion spend. Those who prefer driving to ride shares can take advantage of special UOB discounts with Shell. Rewards are capped at S$60/month.


UOB YOLO Card does have a S$600 minimum spend requirement to unlock its top rates, but this is somewhat lower than the S$800+ required by many other rebate cards on the market. In addition, the S$192.6 fee is waived the 1st year. All in all, UOB YOLO Card is a great fit for social young adults with moderate budgets.

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.