Best Shopping Credit Cards in Singapore 2020

Frequent shoppers may be interested in credit cards that reward spend on fashion retail both online and offline, locally and overseas. The credit cards below–selected out of 100+ competitive options in Singapore–offer the absolute best miles or cashback in all of these categories. We've also identified options that will reward your spend on sites like Amazon, Lazada, and Qoo10, as well as those that offer competitive 0% interest instalment plans.

Best Credit Cards for Shopping
Best for MilesCiti Rewards4 miles per S$1 on fashion retail & online spend
OCBC Titanium4 miles per S$1 on fashion & select
MB World4 miles per S$1 dining & luxury retail, golfing privileges
Online ShoppingKrisFlyer UOBUp to 3 mi/S$1 on online shopping
HSBC Revolution2 miles per S$1 online (inc. transit, insurance premiums)
DBS Woman's World4 miles per S$1 for online shopping
0% InstalmentsOCBC Cashflo1% flat rebate, including on instalments
High SpendersUnlimited Cards1%–2% unlimited cashback with extra perks
HSBC AdvanceUp to 3.5% cashback capped at S$125/month
Young AdultsOCBC Frank6% online, 5% entertainment rebate w/ S$400 minimum
UOB YOLOUp to 8% weekend cashback on Grab & entertainment

Best Shopping Credit Cards for Earning Miles

If you’d like to earn miles for your shopping sprees, you may be interested in the cards below. We’ve selected these credit cards for their versatility and high rewards for retail spend.

Flexible Miles Card for Fashion Retail: Citi Rewards Card

Consider this if you want to maximise miles rewards on shopping expenses

Annual Income Requirement S$30,000
Foreigner Income Requirement S$42,000
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)

If you love spending online and on fashion, Citi Rewards Card is one of the absolute best cards on the market to maximise miles for your purchases. Cardholders earn 10 points (4 miles) per S$1 on fashion retail such as clothing, bags, shoes & more. You’ll earn regardless of where you spend–online, offline (including department stores), locally and overseas. Even better, online transactions also earn at this high rewards rate, making the card even more versatile. Citi Rewards also comes with unique perks like free travel insurance, which competitor cards lack. While there’s a S$192.6 fee, it’s waived the first year. Overall, Citi Rewards Card is a great option if you’re a frequent fashion shopper.

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  • Annual fee: S$192.6, 1-year waiver
  • 4 miles (10pts) per S$1 fashion retail spend (local, overseas, online & offline)
  • 4 miles (10pts) per S$1 online (inc. food & grocery delivery, ride-hailing services)
  • Free travel insurance
  • Rewards for taxes, rent, electricity bills, condominium management & school fees w/ Citi PayAll
  • Up to 14% fuel savings with Esso & Shell
  • Annual fee: S$192.6, 1-year waiver
  • 4 miles (10pts) per S$1 fashion retail spend (local, overseas, online & offline)
  • 4 miles (10pts) per S$1 online (inc. food & grocery delivery, ride-hailing services)
  • Free travel insurance
  • Rewards for taxes, rent, electricity bills, condominium management & school fees w/ Citi PayAll
  • Up to 14% fuel savings with Esso & Shell

Miles Card for Lazada & Local Social Spend: Citi Lazada Card

Consider this if you want to earn miles for online shopping & social spend

Annual Income Requirement S$30,000
Foreigner Income Requirement S$42,000
Promotions:
  • Receive S$150 Lazada Voucher w/ S$1.2k spend in 1st 3 mo

If you mostly shop online, and specifically with Lazada, you can easily maximise miles for your spend with Citi Lazada Card. Shoppers earn an incredible 4 miles (10pts) per S$1 spend on their Lazada purchases and enjoy S$1.99 shipping rebates on purchases of S$50+ (up to 4x/month). Shopping is even cheaper with a Citi Lazada Card as consumers also have exclusive access to special offers and discounts on the platform.

When not shopping online, cardholders earn 2 miles (5pts) per S$1 spend on local dining, entertainment, travel and transport (including Gojek and Grab). This makes it easy for local spenders to also maximise rewards on social expenditures, including everything from sit-down restaurants to bars and clubs and movie theaters. However, total rewards are capped at 4,000 miles (10,000pts) per month, which translates to about S$40 value-to-consumer. Nonetheless, this amount can be maxed out with just S$1k spend with Lazada, making Citi Lazada Card an excellent option for those with a roughly S$1k monthly shopping budget.

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  • 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
  • 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

Best Miles Card for Retail Spend: OCBC Titanium Rewards Card

Consider this if you want to accrue miles from your shopping purchases

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000
Promotions:
  • Free S$100 Grab Food Voucher (new customers) via our partnership with SGSaver
  • Free S$50 Grabfood vouchers w/ S$300 min. spend in 1st mo (existing customers)
  • 2% cash rebate at BEST Denki

OCBC Titanium Rewards Card is the absolute best miles-earning card on the market for retail spend. Cardholders earn 10 points (4 miles) per S$1 on fashion, electronics, and at department stores–plus with a variety of popular retail merchants (Amazon, Lazada, Shopee, Taobao, IKEA, Qoo10 & many more). Essentially, you can earn on everything from food items to appliances to beauty products and beyond.

Another reason OCBC Titanium Card stands out is for its perks and easy fee-waiver. Cardholders enjoy e-Commerce protection for their online purchases, plus airport lounge & JetQuay Quayside access–features not offered by alternative cards. In addition, cardholders are exempt from the S$192.6 fee after just S$10,000 annual spend. Overall, OCBC Titanium Card is the best miles-earning card on the market for retail shopping, both for its flexibility and special perks & benefits.

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  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 10 Pts (4 miles) per S$1 spend on fashion retail, department stores, electronics & select merchants (online, offline, locally & overseas)
  • Discounted airport lounge & JetQuay Quayside access
  • Up to 16% fuel savings with Caltex, 14% with Esso
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 10 Pts (4 miles) per S$1 spend on fashion retail, department stores, electronics & select merchants (online, offline, locally & overseas)
  • Discounted airport lounge & JetQuay Quayside access
  • Up to 16% fuel savings with Caltex, 14% with Esso

Best Miles Card for Golfers & Luxury Shopping: Maybank World MasterCard

Consider this if you are an avid golfer who travels frequently to golf clubs worldwide

Annual Income Requirement S$80,000
Foreigner Income Requirement S$80,000
Promotions:
  • Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)

If you mostly shop for luxury brands–and if you or a family member love to golf–Maybank World MasterCard may be an excellent match for you. Cardholders receive 2 free green fees/month at 120 fairways across 25 countries, which is the most comprehensive set of golfing privileges on the market. Additional perks include free travel insurance and airport lounge access.

In terms of shopping, cardholders–both principal and supplementary–earn 10 points (4 miles) per S$1 spend with select dining & luxury retail merchants. The latter includes purchases at T Galleria by DFS and Club21, for brands such as Cartier, Armani Exchange, Tsumori Chisato, Pandora & many more. Supplementary cardholders’ purchases count towards an overall fee-waiver, which is rather uncommon. After S$24,000 total spend, the S$240.0 fee is waived. Overall, Maybank World MasterCard is a great option for those who enjoy golfing and luxury retail.

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  • Annual fee: S$240.0, 1-year waiver, subsequently with S$24,000 annual spend
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants
  • 2 complimentary green fees/month at 120 fairways worldwide
  • Free travel insurance, lounge access & global concierge
  • Up to 19.1% fuel savings on petrol in Singapore
  • Annual fee: S$240.0, 1-year waiver, subsequently with S$24,000 annual spend
  • 10 pts (4 miles) per S$1 spend with select dining & retail merchants
  • 2 complimentary green fees/month at 120 fairways worldwide
  • Free travel insurance, lounge access & global concierge
  • Up to 19.1% fuel savings on petrol in Singapore

Best for Affluent Local Shoppers: American Express Platinum Card

Consider this if you're an affluent local spender seeking local luxury privileges

Annual Income Requirement S$80,000
Foreigner Income Requirement S$80,000
Promotions:
  • Receive 13,750 miles (25k pts) w/ S$6k spend in 1st 3 mo
  • Receive 13,750 miles (25k pts) w/ another S$6k spend in following 3 mo
  • Get S$150 GrabFood vouchers (via partnership w/SingSaver)

American Express Platinum Card is one of the best options on the market for affluent local shoppers who exclusively shop with designer brands. Cardholders earn just 0.69 miles (1.25 pts) per S$1 general spend, but this rate is boosted to 3.44 miles (6.25 pts) for spend with select Platinum EXTRA Partners. These merchants are typically designer fashion, jewellery, watch and auto brands. While typical shopping cards cap rewards after as little as S$1k spend–which would be quickly maxed out by such purchases–Amex Platinum Card does not cap rewards.

Cardholders also enjoy a wide variety of local perks and privileges. These include up to 40% off a la carte services at high-end spas, waived green fees across Asia Pacific and access to the Love Dining, Amex Selects, and Chillax programmes–which offer some of the best deals at exclusive restaurants and bars across Singapore. There is a S$321 non-waivable fee, but affluent shoppers may feel Amex Platinum Card's perks and rates outweigh its annual cost.

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  • Annual fee: S$321
  • 0.69 miles (1.25 pts) per S$1 spend
  • Up to 3.44 miles (6.25 pts) per S$1 spend w/ Platinum EXTRA Partners
  • No conversion fees
  • Dining Perks: Love Dining, Amex Selects & Chillax programme
  • Lifestyle Perks: Platinum Wellness spa privileges & complimentary green fees
  • Annual fee: S$321
  • 0.69 miles (1.25 pts) per S$1 spend
  • Up to 3.44 miles (6.25 pts) per S$1 spend w/ Platinum EXTRA Partners
  • No conversion fees
  • Dining Perks: Love Dining, Amex Selects & Chillax programme
  • Lifestyle Perks: Platinum Wellness spa privileges & complimentary green fees

Best Credit Cards for Online Shopping

Online shopping is easy and convenient–earning rewards for online shopping should be, too. The following credit cards offer top market rates for spending online, with a few added perks.

Best Miles for Young SIA Loyalists: KrisFlyer UOB Card

Consider this if you exclusively fly with SIA and travel on a budget

Annual Income Requirement S$30,000
Foreigner Income Requirement S$42,000
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

KrisFlyer UOB Card is ideal for young SIA-loyal travellers who often fly on a budget. Cardholders earn 1.2 miles per S$1 on general local and overseas spend, boosted to 3 miles for transactions with SIA, SilkAir, Scoot and KrisShop. Consumers can also unlock an elevated 3 miles per S$1 rate on dining, transport, online fashion shopping and travel bookings by spending at least S$500 with SIA brands within the year. This amount is quite reasonable, and can be reached by flying just a few times within a year. These rate-elevated categories are also especially matched to young adults who tend to have budgets concentrated in these areas.


KrisFlyer UOB Card also caters to young, budget travellers based on its perks. Consumers enjoy privileges with Scoot, SIA's most affordable airline, such as free priority check-in & boarding, standard seat selection, baggage allowance upgrades and booking flexibility waivers. Other perks include S$15 vouchers for ChangiWiFi and Grab rides to and from Changi Airport, plus a S$20 rebate with S$100 nett spend at KrisShop. There aren't many luxury perks to speak of, but cardholders who spend S$5k/year with SIA are elgible for an upgrade to KrisFlyer Elite Silver status. All cardholders enjoy 10,000 annual bonus miles (worth S$100) which offsets more than half of the S$192.6 annual fee. Overall, KrisFlyer UOB Card offers affordable and practical perks, as well as boosted rewards, to young SIA-loyal travellers.

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  • 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
  • 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

Best Miles Card for Online Bill-Pay: HSBC Revolution Card

Consider this if you spend mostly on shopping, dining and entertainment

Annual Income Requirement S$30,000
Foreigner Income Requirement S$40,000
Promotions:
  • Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 Lazada vouchers

HSBC Revolution Card is a great option if you spend a great deal on local food and entertainment, and primarily shop online. Cardholders earn 2 miles per S$1 for spend in all of these categories, with no minimum requirements or earning caps. Even better, eligible online spend includes everything from fashion and travel bookings to transit & bill-pay. Most cards exclude transit & bill pay from earning rewards.

Another benefit is HSBC Revolution Card’s easy fee waiver. Cardholders are exempt from the S$160.5 fee after just S$12,500 annual spend–about S$1,042/month. If you’re at this spend level, you can easily earn no-fee miles for social local spend as well as for all online shopping, which is why HSBC Revolution Card is one of our top picks in the category.

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  • Annual fee: S$160.5, 2-year waiver, subsequently with S$12,500 annual spend
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
  • Up to 20.2% fuel savings with Caltex, 14% with Shell
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$12,500 annual spend
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
  • Up to 20.2% fuel savings with Caltex, 14% with Shell

Best Miles Card for Online Shopping, with 0% Plan: DBS Woman’s World MasterCard

Consider this if you need to make a large purchase that you can't immediately afford

Annual Income Requirement S$80,000
Foreigner Income Requirement S$80,000
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)

DBS Woman’s World Card is a great option for online retail shoppers who make big purchases that they’d prefer to pay for over time. Cardholders earn 4 miles per S$1 on online shopping, 0.4 miles for local spend, and 1.2 miles overseas. Through DBS’s My Preferred Payment Plan, they can split transactions as low as S$100 into instalments across up to 12 months. These instalments are interest-free and there’s no processing fee (compared to competitors, who charge fees up to 5%).

DBS Woman’s World Card also comes with a fee-waiver. If you spend S$25,000/year, you’re exempt from the S$192.6 fee. Overall, if you primarily shop online and spend over S$2,000/month, you can enjoy no-fee miles for your purchases.

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  • 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
  • Up to 15% fuel savings with SPC, 14% with Esso
  • 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
  • Up to 15% fuel savings with SPC, 14% with Esso

Rebates for Online Overseas: Standard Chartered SingPost Spree Card

Consider this if you shop frequently from websites outside of Singapore

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000
Promotions:
  • Get the new Liverpool FC 20/21 men’s home shirt* when you apply and SMS “LFC20” to 77222 to register as a cardholder

Standard Chartered SingPost Spree Card is a great option if you spend S$300–S$500/month shopping online, especially with overseas merchants. Cardholders earn 3% cashback on foreign online & vPost transactions, 2% on online online & contactless transactions, and 1% on general spend–all without a minimum requirement. Other cards require S$600+ minimums and offer just 0.3% rebate for spend at lower levels.

Cardholders also enjoy discounts on shipping & packaging with SC SingPost Spree Card. There’s even an Online Price Guarantee and 0% Interest Instalment Plan that rewards split purchases (often excluded by alternative cards). Ultimately, if you have a small online overseas shopping budget, you can maximise rebates with SC SingPost Spree Card.

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  • Annual fee: S$192.6, 2-year waiver
  • 3% cashback on foreign online & vPost transactions, 2% local online & contactless transactions
  • 1% cashback on general spend
  • Up to 20% discounts with vPost, SmartPac, Lock+Smart
  • Online Price Guarantee & 0% Interest Instalment Plan
  • Up to 19.8% fuel savings with Caltex
  • Annual fee: S$192.6, 2-year waiver
  • 3% cashback on foreign online & vPost transactions, 2% local online & contactless transactions
  • 1% cashback on general spend
  • Up to 20% discounts with vPost, SmartPac, Lock+Smart
  • Online Price Guarantee & 0% Interest Instalment Plan
  • Up to 19.8% fuel savings with Caltex

No-Fee Cashback for Beauty & Online Fashion: CIMB Visa Signature Card

Consider this if you want a no-fee credit card for beauty, online fashion & more

Annual Income Requirement Singaporean & Singapore PR: S$30,000. Singaporean & Singapore PR, aged 55 years and above: S$15,000. Applicants who do not meet the minimum income requirement can submit a minimum Fixed Deposit Collateral of S$10,000
Foreigner Income Requirement N/A

CIMB Visa Signature Card is an excellent option if you tend to spend online and have a small-to-medium size shopping budget. Cardholders earn a 10% rebate on online fashion shopping, up to S$20/month–which can be maxed out with S$200 spend. As a result, those spending at this level can benefit greatly from CIMB Visa Signature's market-leading rate. However, those with a larger shopping budget may prefer alternatives with higher caps.

Nonetheless, CIMB Visa Signature Card stands apart from other cards for its additional rewards categories. Consumers also receive 10% cashback on groceries, beauty spend, petcare, and transactions with cruise lines. Even if you spend irregularly on these categories, you can still benefit because there's no annual fee and therefore, very little risk. However, there is an S$800 monthly minimum spend requirement to access these rates, which is worth keeping in mind if you're already spending the majority of your budget through an existing 'everyday' card.

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  • Annual fee: Free
  • 10% cashback on groceries, online shopping, beauty, petcare & cruise lines
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan
  • Annual fee: Free
  • 10% cashback on groceries, online shopping, beauty, petcare & cruise lines
  • Free travel insurance & global concierge
  • CIMB 0% Interest i.Pay Instalment Plan

Best for Rebates on 0% Interest Instalments: OCBC Cashflo Card

Consider this if you want to earn rebates on your 0% instalment payments

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000
Promotions:
  • Receive & use card instantly when you apply via MyInfo
  • Up to 55% off single trip travel insurance

OCBC Cashflo Card is the only card on the market that allows consumers to net-earn on split transactions. Through the 0% interest plan, cardholders set a spend threshold at which large purchases are automatically split into instalments across 3 ot 6 months. There is no processing fee, in contrast to most competitors, which charge up to 5% of the transaction amount. In addition, the split purchase still earns up to 1% flat rebate; most cards exclude split purchases from earning rewards.

In order to earn this 1% rebate–which applies to all spend, not just split transactions–cardholders must spend S$2,000/month. Below, consumers earn a 0.5% flat rebate. For this reason, OCBC Cashflo Card works best simply for your largest purchases, rather than for seeking rewards on daily spend. However, if you’re at all likely to use a 0% instalment plan, OCBC Cashflo Card is your best bet–all other card plans have a net cost, as opposed to offering a net gain.

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  • 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
  • Trigger scheme automatically splits payments at specified threshold
  • Up to 16% fuel savings with Caltex, 14% with Esso
  • 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
  • Trigger scheme automatically splits payments at specified threshold
  • Up to 16% fuel savings with Caltex, 14% with Esso

Best Shopping Credit Cards for High Spenders

If you’re a high spender, you may feel limited by the caps associated with most cashback cards. The following offer much higher–even unlimited–earning potential.

Highest Unlimited Rebate Rate: Citi Cash Back+ Card

Consider this if you spend at least S$7k per month and want unlimited rewards

Annual Income Requirement S$30,000
Foreigner Income Requirement S$42,000
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)

Citi Cash Back+ Card stands out by offering one of the highest unlimited flat rebate rates on the market. Cardholders earn 1.6% cashback locally and overseas with no earnings restrictions, compared to 1.5% with competitor cards. This rewards structure is ideal for high spenders who might otherwise miss out on their full potential with capped rebate cards. Citi Cash Back+ Card also has a moderate S$192.6 fee that's waived the 1st year. All-in-all, affluent consumers can rapidly maximise rewards without worrying about caps with Citi Cash Back+ Card.

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  • Annual fee: S$192.6, waived for 1 year
  • Unlimited 1.6% rebate on all spend
  • No minimum spend requirements
  • Annual fee: S$192.6, waived for 1 year
  • Unlimited 1.6% rebate on all spend
  • No minimum spend requirements

Unlimited Cashback + Transport Perks: Standard Chartered Unlimited Cashback Card

Consider this if you want unlimited amount of cash rebate and can spend more than S$7,000 per month

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000
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

Standard Chartered Unlimited Cashback Card is an extraordinary option for high-spending shoppers because it not only offers unlimited earning potential, but also has great transport perks.

Cardholders earn 1.5% flat cashback on all spend, with no minimums or caps. While other cards offer this rate, most alternatives lack lasting perks. SC Unlimited Cashback Card is SimplyGo compatible and offers fuel savings up to 21% with Caltex. Overall, if you want a functional card that will reward all over your spend–with no cap on earnings–SC Unlimited Cashback Card may be the right option for you.

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  • Annual fee: S$192.6, 2-year waiver
  • Unlimited 1.5% cashback on all spend
  • Up to 21% fuel savings with Caltex
  • Annual fee: S$192.6, 2-year waiver
  • Unlimited 1.5% cashback on all spend
  • Up to 21% fuel savings with Caltex

Best Unlimited Cashback Card with Amex Benefits: American Express True Cashback Card

Consider this if you want unlimited amount of cash rebate and value American Express's services

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000
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

If you’re an Amex loyalist, American Express True Cashback Card is the absolute best unlimited card for you. This card offers the best ‘welcome deal’ on the market–while all spend earns 1.5% unlimited cashback, this rate is doubled to 3% for the first 6 months after card approval (up to S$150). Alternative cards rarely offer such comprehensive and lucrative promotions.

Another reason to consider Amex True Cashback Card is for it’s Amex benefits. Cardholders receive special services like Global Assist, Fraud Protection, Amex Selects dining privileges, and card-specific True Cashback promotions. These promotions often include discounts related to travel, retail, and even weddings, making them ideal for all kinds of shopping. While there’s a S$171.2 fee, it’s waived for 1 year. Ultimately, Amex True Cashback Card is the best option for high-spending Amex loyalists.

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  • Annual fee: S$171.2, 1-year waiver
  • Unlimited 1.5% cashback on all spend
  • Free travel insurance & Amex Selects Privileges
  • Up to 22.2% fuel savings with SPC
  • Annual fee: S$171.2, 1-year waiver
  • Unlimited 1.5% cashback on all spend
  • Free travel insurance & Amex Selects Privileges
  • Up to 22.2% fuel savings with SPC

Best Unlimited Cashback Card for Local Spenders: Maybank FC Barcelona Visa Signature Card

Consider this if you want to earn an unlimited amount of cash rebate without paying an annual fee

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000 for Malaysians; S$60,000 for Others
Promotions:
  • Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Receive S$30 cash via PayNow (through our partnership w/ SGSaver)

If you’re a high spender but have a mostly local budget, Maybank FC Barcelona Visa Signature Card is ideal–it has the highest local unlimited cashback rate on the market. Cardholders earn 1.6% cashback on all local spend (compared to 1%–1.5% with competitors). Overseas spend earns just 2 point (0.8 miles) per S$1, which is a bit low–another reason this card is best for local spending.

Maybank FC Barcelona Card stands out, however, by also offering a fee-waiver. Cardholders are exempt from the S$120.0 fee after just S$10,000 annual spend (about S$833/month). Most competitor cards lack fee-waivers, and charge up to S$190+ in annual fees. Finally, this is a great card for FC Barcelona fans, who can access discounts of up to 10% at official stores. Overall, however, if you’re a local shopper with a big budget and feel limited by earnings caps, Maybank FC Barcelona Card is worth considering.

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  • 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
  • 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

Unlimited Cashback Card for Travellers: CIMB Visa Infinite Card

Consider this if you want a no fee cashback card for travelling

Annual Income Requirement Singaporean & Singapore PR: S$120,000 . Applicants who do not meet the minimum requirement can submit a minimum Fixed Deposit Collateral of S$50,000
Foreigner Income Requirement N/A
Promotions:
  • Receive S$100 cash credit w/ S$350 monthly spend for 1st 2mo (new customers)

If you’re a high-spending traveller who enjoys shopping overseas, CIMB Visa Infinite Card offers the best way to earn cashback on your purchases. Cardholders earn a flat 1% rebate on all spend with no minimum, and can access an unlimited 2% cashback on travel & overseas spend after a S$2,000 minimum requirement. With competitor unlimited cards, you’ll earn 1.5% cashback at most for your overseas spend; this difference quickly adds up when you’re making larger transactions.

CIMB Visa Infinite Card is also a great option because while it offers cashback rewards, it also provides perks often associated with travel cards. Cardholders receive lounge access, discounted limo transfers, free green fees at fairways worldwide and free travel insurance. But, unlike travel cards (that often come with high annual fees), CIMB Visa Infinite Card is free forever. Ultimately, if you want to earn cashback but avoid earning caps, and often shop overseas, you’re most likely to maximise your rewards with CIMB Visa Infinite Card.

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  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses, foreign currency transactions & overseas spend
  • Unlimited 1% cashback on all other spend
  • Free travel insurance, 3x lounge access, discounted limo transfers
  • Complimentary green fees at 108 fairways across 16 countries
  • CIMB 0% Interest i.Pay Instalment Plan
  • Annual fee: Free
  • Unlimited 2% cashback on all travel expenses, foreign currency transactions & overseas spend
  • Unlimited 1% cashback on all other spend
  • Free travel insurance, 3x lounge access, discounted limo transfers
  • Complimentary green fees at 108 fairways across 16 countries
  • CIMB 0% Interest i.Pay Instalment Plan

Best Rebate Card for HSBC Advance Customers: HSBC Advance Card

Consider this if you spend at least S$3,500 per month and are open to a bank account with HSBC

Annual Income Requirement S$30,000
Foreigner Income Requirement S$40,000
Promotions:
  • Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$30 Lazada vouchers

HSBC Advance Card offers the highest earning potential for a capped cashback card on the market, paired with a rather high flat rebate. Cardholders who are HSBC Advance customers benefit most. These cardholders receive 3.5% flat cashback up to S$125/month, after a S$2,000 minimum spend (2.5% if below). This means that with S$3,500 monthly spend, you can earn up to S$1,500/year. In addition, Advance customers never pay a fee.

Non-Advance customers receive lower rates, however. These cardmembers earn 2.5% flat rebate up to S$70/month, after S$2,000 spend (1.5% if below). They also must pay a S$192.6 fee, though it can be waived with S$12,500 annual spend. While these rates are equal to or higher than those offered by unlimited cards, earnings are capped, so if you’re a very high spender, this card may not be a great match.

Ultimately, however, HSBC Advance Card is an excellent option for above-average spenders who are willing to consider an Advance account.

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  • Annual fee: S$180.0, 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
  • Annual fee: S$180.0, 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

Best Shopping Credit Cards for Young Adults

The following credit cards are great for social young adults who often spend on weekends and online.

Best No-Fee Rebate Card for Young Social Spenders: OCBC Frank Card

Consider this if you frequently spend money shopping for luxury goods and entertainment

Annual Income Requirement S$30,000
Foreigner Income Requirement S$45,000
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

OCBC Frank Card is excellent for social young adults because it has one of the lowest minimum spend requirements on the market. After just S$600 spend, cardholders can earn 6% on their FX, online, and mobile contactless spend. An additional 0.3% rate is given for all other types of purchases–providing great value for any individual who shops using this credit card. While OCBC Frank Card does not have as many promotions as its key competitor, it does have a relatively easy fee-waiver. Cardholders are exempt from the already-low S$80.0 fee after just S$10,000 annual spend. The competitor, again, does not offer such a waiver. Ultimately, OCBC Frank Card is the most accessible card on the market for young adults who enjoy online shopping, and is an excellent choice if you also tend to spend over the weekend.

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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
  • 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

Best Rebate Card for Social Weekend Spenders: UOB YOLO Card

Consider this if you are a young adult looking for discounts and perks on dining, entertainment and travel spending

Annual Income Requirement S$30,000
Foreigner Income Requirement S$40,000
Promotions:
  • New cardholders will receive S$80 cash via Paynow upon approval
  • Existing cardholders will receive S$20 worth of GrabFood voucher

Young adults with high weekend spend are likely to benefit from UOB YOLO Card, both for its high rebate rates and specialised perks. Cardholders earn up to 8% weekend cashback on dining, entertainment, Grab and select UOB Travel (3% on weekends), after S$600 spend. They also earn 3% for online fashion & travel spend, any day of the week. Overall, you can earn up to S$60/month, which is fairly respectable for a card tailored to young adult spending patterns.

UOB YOLO Card also offers a variety of unique perks. Cardholders can regularly enjoy 1-to-1 drink & dining deals, discounted movie tickets, privileges at nightclubs, an even access to big annual parties with music artists as guests. These promotions frequently change, but primarily cater to young adults & social lifestyles. Overall, if you often shop online and go out on weekends, UOB YOLO Card could be a great card for you.

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  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on weekend dining, entertainment, Grab, select UOB Travel (3% weekdays)
  • 3% cashback on online fashion & travel
  • Free travel insurance
  • Annual fee: S$192.6, 1-year waiver
  • 8% cashback on weekend dining, entertainment, Grab, select UOB Travel (3% weekdays)
  • 3% cashback on online fashion & travel
  • Free travel insurance

Summary of Best Credit Cards for Shopping 2020

Below, we've prepared a summary of our picks for the best credit cards for shopping in 2020.

CardBest for...Annual Fee
OCBC TitaniumRetail ShoppersS$192.6 (waiver)
Citi RewardsFashion ShoppingS$192.6
HSBC RevolutionSocial & Online SpendS$160.5 (waiver)
OCBC CashfloAutomatic Payment SplitS$160.5 (waiver)
OCBC FrankYoung Adults, Low MinimumS$80.0 (waiver)
UOB YOLOWeekend Social SpendS$192.6
CardBest for...Annual Fee
OCBC TitaniumRetail ShoppersS$192.6 (waiver)
Citi RewardsFashion ShoppingS$192.6
HSBC RevolutionSocial & Online SpendS$160.5 (waiver)
OCBC CashfloAutomatic Payment SplitS$160.5 (waiver)
OCBC FrankYoung Adults, Low MinimumS$80.0 (waiver)
UOB YOLOWeekend Social SpendS$192.6

Compare the Best Shopping Rewards Credit Cards by Dollar Value

Below is a visual representation of the approximate savings one can earn by using the best shopping credit cards in Singapore. These dollar values* represent the approximate amount of rewards a person can earn in cash rebate & air miles when spending S$2,000 per month for 2 years. However, this amount can vary widely depending on what your spending habit looks like and how you redeem your miles.

A graph displaying how best shopping credit cards compare to one another in terms of their rewards
Best Shopping 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 Department Store Credit Cards

Department stores are a mainstay in the Singapore retail scene, and even if e-commerce and shopping online have become more and more prevalent, you can still find die-hard fans of department stores, especially during card member sales events. One only has to take a look at the queue outside Robinson's department store during card members' sales to know that department stores are still a big part of shopping culture here. If you like to shop at Robinson's, TANGS, Takashimaya or Metro, we think you will like our review of the best department store credit cards in Singapore.

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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