Best Credit Cards in Singapore (2024)
Singapore offers a wide range of credit cards tailored to different spending habits—whether you prioritize cashback, travel miles, dining rewards, or low-interest rates. Below is a curated list of the best credit cards in Singapore for various categories.
1. Best for Cashback
🏆 Citi Cash Back+ Card
Why we love it: Unlimited 1.6% cashback on all spending with no minimum spend or cap. Ideal for those who want hassle-free rewards.
Key Features: • 1.6% cashback on all local and overseas spend • No minimum spend or cashback cap • No annual fee (waived for life for some applicants) • Easy redemption via SMS or app
🥈 UOB One Card
Why we love it: High cashback (up to 5%) for consistent spenders who meet the minimum requirements.
Key Features: • Up to 5% cashback on eligible spend (S$2,000 min. spend per month) • 3.33% cashback on utilities, telco, and recurring bills • Quarterly cashback cap of S$300 • Annual fee waiver with minimum spend
2. Best for Travel Miles
🏆 DBS Altitude Card
Why we love it: One of the best air miles cards for everyday spending, with flexible redemption options.
Key Features: • 1.2 miles per S$1 on local spend (min. S$1,000/month) • 2 miles per S$1 on overseas spend • 3 miles per S$1 on online flight/hotel bookings • Complimentary travel insurance • Annual fee: S$192.60 (waivable)
🥈 Citi PremierMiles Card
Why we love it: Great for frequent travelers with no foreign transaction fees and generous miles earnings.
Key Features: • 1.2 miles per S$1 on local spend • 2 miles per S$1 on overseas spend • No foreign transaction fees • Miles never expire • Annual fee: S$192.60 (waivable)
3. Best for Dining & Entertainment
🏆 American Express Singapore Airlines KrisFlyer Credit Card
Why we love it: Perfect for foodies and frequent diners, with accelerated miles on dining and online food delivery.
Key Features: • 3.1 miles per S$1 on dining (local & overseas) • 2.1 miles per S$1 on online food delivery (e.g., GrabFood, Deliveroo) • 1.2 miles per S$1 on all other spend • Complimentary Singapore Airlines KrisFlyer membership • Annual fee: S$176.55 (waivable)
🥈 HSBC Revolution Card
Why we love it: High rewards on dining, online shopping, and contactless payments.
Key Features: • 4 miles per S$1 on dining, online shopping, and contactless payments (min. S$1,000/month) • 1 mile per S$1 on other spend • No foreign transaction fees • Annual fee: S$176.55 (waived for first year)
4. Best for Low Interest & Balance Transfers
🏆 Standard Chartered Unlimited Cashback Card
Why we love it: Combines cashback with one of the lowest interest rates in the market.
Key Features: • 1.5% unlimited cashback on all spend • Low interest rate of 19.8% p.a. (below market average) • Balance transfer options with 0% interest for up to 12 months • Annual fee: S$192.60 (waivable)
🥈 POSB Everyday Card
Why we love it: Great for everyday essentials with rebates on groceries, transport, and utilities.
Key Features: • Up to 9% rebate on groceries (Cold Storage, Giant, Sheng Siong) • 3% rebate on public transport and utilities • 0.3% rebate on all other spend • No annual fee
5. Best Premium Card (For High Spenders)
🏆 DBS Vantage Card
Why we love it: A premium card with high rewards, airport lounge access, and exclusive perks.
Key Features: • 1.4 miles per S$1 on local spend (min. S$2,500/month) • 2.2 miles per S$1 on overseas spend • Complimentary Priority Pass membership (unlimited lounge access) • Annual travel credit of S$250 • Annual fee: S$588.60 (waivable with spend)
How to Choose the Right Credit Card
When selecting a credit card, consider the following:
• Spending Habits: Match rewards to where you spend most (e.g., dining, shopping, travel). • Minimum Spend: Ensure you can meet the monthly spend requirements for bonuses. • Annual Fees: Check if fees are waivable or justified by rewards. • Foreign Transaction Fees: Important if you travel or shop overseas frequently. • Redemption Flexibility: Some cards offer cashback, while others provide miles or vouchers.Final Tips for Maximizing Credit Card Benefits
✅ Pay bills in full to avoid high interest charges. ✅ Combine cards for different categories (e.g., one for dining, another for travel). ✅ Track promotions for limited-time bonuses (e.g., higher cashback during festive seasons). ✅ Use mobile apps to monitor spending and redeem rewards easily. ✅ Avoid late payments to maintain a good credit score.
Ready to apply? Compare these cards on bank websites or financial comparison platforms like MoneySmart, Seedly, or BankBazaar Singapore for the latest promotions.