Best Student Credit Cards 2019

Having a credit card is an important step of building one's credit score as she prepares to enter her adulthood. In fact, there are credit cards in Singapore that are specially designed for students, usually with S$500 of monthly credit limit. These cards impose no income requirement, and still provide great ways of saving money while building a credit score.

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Best Cash Back Credit Card for Students & Young Adults: Maybank eVibes Card

Consider this if you want to maximise cashback on everyday spending

Annual Income Requirement N/A
Foreigner Income Requirement N/A

Maybank eVibes Card is a cash rebate card that lets you earn 1% rebates on everything you buy, which is the highest level of rebate we've seen for student credit cards. What's also great is that there's no minimum spending required to qualify for the rebates as well. You will get to also enjoy the regular perks available to all Maybank card members with their year-long TREATS programme. Other than that, it is the only student card that rewards the card-holder with an attractive activation gift – a stylish Adidas wristwatch worth $120 upon charging to your eVibes card within one month of card receipt.


  • Fee: Quarterly service fee of S$5; waived when you charge to your Card once every 3 months
  • 1% cash rebates on all your purchases
  • No minimum income requirement
  • Age 18 to 30 years old
  • Eligibility requirements: Existing tertiary student OR a NSF man accepted to NUS, NTU, SUSS, SMU, NP, SP, NYP, TP, RP, NAFA, LASALLE, NIE, SUTD or SIT
  • Promotion: adidas wristawatch worth S$120 upon charging your card within 1 month
  • Read Our Full Review

Lowest Income Requirement for Young Adults: CIMB AWSM Card


Consider this if you earn S$18,000 and S$30,000 per year and are below the age of 35

Annual Income Requirement S$0.0 for Students & NSFs (age 18-29); S$18,000 for salaried employees age below 35; S$30,000 for age above 35

For low income adults earning anywhere between S$18,000 to S$30,000, CIMB AWSM Card could be the best credit card to get. First, it is the only card that is available for adults below the age of 35 who make less than S$30,000 per year. Despite this relaxed requirement, it still provides a pretty generous and useful rebate of 1% on things that matter the most to young adults: dining, entertainment, online shopping and telco bills.


  • Annual fee: 1% rebate on dining, entertainment, online shopping & telco
  • S$500 credit limit
  • No cap on rebates
  • Read Our Full Review

Ultra SG Discounts: DBS Live Fresh Student Card

DBS Live Fresh Student Card

Consider this if actively like to shop on e-commerce sites and make purchases with mobile payments

Annual Income Requirement N/A
Foreigner Income Requirement N/A

DBS Live Fresh Student Card stands out among student credit cards because it waives its annual fee for 5 years, making it effectively free to use. The card provides 0.3% rebate on on all your online shopping, Visa PayWave purchases and all other spend. Other than that, can enjoy 10% discount on tticket prices for Ultra Singapore. You also get to enjoy all the benefits that a regular DBS credit card-holder is entitled to with the DBS Lifestyle App.


  • Fee: S$128.4, waived for 5 years
  • 0.3% cashback on all your spend
  • 10% savings on Ultra Singapore tickets
  • No minimum income requirement
  • Credit limit: S$500
  • Age 18 to 27 years old
  • Eligibility requirements: Undergraduate student from NUS, NTU, SMU, SUTD, SIM, SIT, Nanyang Polytechnic, Ngee Ann Polytechnic, Temasek Polytechnic, Singapore Polytechnic and Republic Polytechnic
  • Promotion: 21,000 AirAsia BIG Points when you spend S$150 within 30 days of getting the card
  • Read Our Full Review

Best Student Credit Card for Grab Rides: Standard Chartered Manhattan $500 Card

Standard Chartered Manhattan $500 Card

Consider this if you want 20% rebate on Grab rides

Annual Income Requirement N/A
Foreigner Income Requirement N/A

Standard Chartered Manhattan $500 Card stands out among student credit cards with its 15% rebate on Grab rides globally. While it requires S$900 of monthly spend to qualify for this benefit (compared to S$500 of monthly credit limit), those who readily repay their credit card balance frequently could still enjoy this benefit. Otherwise, this card provides a 0.25% cashback every month on retail spending.


  • Fee: S$32.1, waived for 1st year
  • 0.25% cashback on everything you spend
  • No minimum income requirement
  • Credit limit: S$500
  • Age 18 and above, with parent's consent.
  • Promotions: 15% discounts & more on all Grab rides, GrabRewards Platinum Tier Status
  • Read Our Full Review

Starbucks and Subway Discounts for Students: Citibank Clear Card

Citibank Clear Card

Consider this if you frequently visit Starbucks and Subway

Annual Income Requirement S$0.0
Foreigner Income Requirement S$0.0

Citibank Clear Card is an average student credit card, with a rewards rate that is equivalent to 0.24% of rebate. Other than that, Citibank provides a few extra perks that could be valuable for students, like 10% rebate at Starbucks and 5% rebate at Subway. It also comes with other regular Citi Rebates programme at numerous dining & party establishments in Singapore.


  • Fee: S$29.96, waived for the 1st year
  • 1 Citi Dollars per S$1 spent (equivalent to 0.24% rebate)
  • No minimum income requirement
  • Credit limit: S$500
  • Age 18 and above, with parent's consent
  • Eligibility requirements: student at NTU, NUS, SMU, SIM, SUTD, SIT, University of Chicago Booth School of Business, DigiPen, ESSEC, GIST-TUM Asia, INSEAD, S P Jain, Tisch, UNLV, Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic, Temasek Polytechnic, LASALLE-SIA or NAFA
  • Read Our Full Review

Compare the Best Student Credit Cards

Some may frown upon the idea of holding a credit card even before you are earning a regular income, but who's to stop you if you are able to repay your bills on time and use your holiday income wisely while getting the savings benefits from using a credit card?

Student Credit CardMain BenefitAnnual Fee
Maybank eVibes Card1% rebateQuarterly fee of S$5, waived for using the card once every 3 months
DBS Live Student Card0.3% rebateS$128.4, waived for 5 years
Standard Chartered Manhattan $500 Card0.25% rebateS$32.1, waived for 1 year
Citibank Clear Card0.24% rebateS$29.96, waived for 1 year


Another means of getting a credit card when you are not earning an income is to simply get a supplementary card from someone who trusts you, like your parents. However, the main card-holder will then be liable for any late payments or unpaid debts from the supplementary card-holder. But getting a credit card as a student can be a great aid to you financially, and also give you a taste of managing your own finances. They also come with great perks like rebates and ability to start building a credit score to help accelerate your financial adulthood.

Duckju Kang

Duckju is the Senior Vice President of ValueChampion Singapore. He covers the financial services industry, consumer finance products, budgeting, and investing. He previously worked in the financial services industry, including at such hedge funds as Tiger Asia and Cadian Capital.

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