Best Credit Cards in Singapore 2025: Compare Top Promotions and Deals
updated: Dec 16, 2024
Discover the best credit cards in Singapore for 2025! From cashback to travel perks, we’ll help you find the perfect card to match your lifestyle.
End the year on a high note! Choose from amazing rewards: a Dyson Supersonic™ Hair Dryer, Dyson Micro 1.5kg Vacuum, S$400 eCapitaVoucher, S$199 Cash + S$200 eCapitaVoucher, a FLUJO SmarTrax Standing Desk, or 20,000 Heymax Miles when you apply for select HSBC Credit Cards via SingSaver!
Best Credit Card in Singapore
| credit_card | Card benefit | Min. Annual Income | Annual Fee | Annual Fee Waiver | offers_rewards | apply | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.3 - 8% cashback | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (5) | on_provider_website | eligible rewards (5) on_provider_website | |||||||
1.5% cashback | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (7) | on_provider_website | eligible rewards (7) on_provider_website | |||||||
1.2 - 10 miles per dollar | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (9) | on_provider_website | eligible rewards (9) on_provider_website | |||||||
1.7% cashback | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (6) | on_provider_website | eligible rewards (6) on_provider_website | |||||||
0.25 - 2.5% cashback | S$ 30,000 | No Annual Fee | No Annual Fee | eligible_rewards (5) | on_provider_website | eligible rewards (5) on_provider_website | |||||||
1.2 - 3 miles per dollar | S$ 30,000 | S$ 196.20 | n_a | eligible_rewards (7) | on_provider_website | eligible rewards (7) on_provider_website | |||||||
1 - 10 points per dollar | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (9) | on_provider_website | eligible rewards (9) on_provider_website | |||||||
0.4 - 10 miles per dollar | S$ 30,000 | S$ 196.20 | 1 year | N/A | on_provider_website | on_provider_website | |||||||
0.3 - 8% cashback | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (2) | on_provider_website | eligible rewards (2) on_provider_website | |||||||
3.33 - 20% cashback | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (1) | on_provider_website | eligible rewards (1) on_provider_website | |||||||
1.6% cashback | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (5) | on_provider_website | eligible rewards (5) on_provider_website | |||||||
1.2 - 2.4 miles per dollar | S$ 30,000 | S$ 196.20 | Not Available | N/A | on_provider_website | on_provider_website | |||||||
0.2 - 10% cashback | S$ 30,000 | No Annual Fee | No Annual Fee | eligible_rewards (3) | on_provider_website | eligible rewards (3) on_provider_website | |||||||
1.2 - 3 miles per dollar | S$ 30,000 | S$ 196.20 | 1 year | eligible_rewards (1) | on_provider_website | eligible rewards (1) on_provider_website | |||||||
0.4 - 2.8 miles per dollar | S$ 30,000 | S$ 196.20 | 3 years | eligible_rewards (3) | on_provider_website | eligible rewards (3) on_provider_website | |||||||
Best Singsaver exclusive offer
Citi PremierMiles Card
on_provider_website
| Airmiles Bonus Cap | No Expiry |
|---|---|
| Annual Fee | S$ 196.20 |
| Min. Annual Income | S$ 30,000 |
| REWARDS | |
| |
eligible_rewards (9)
card_details
Best for travel bookings
DBS Altitude Visa Signature Card
on_provider_website
| Annual Fee | S$ 196.20 |
|---|---|
| Airport Lounge Access | 2 visits per year* |
| Airmiles Base Rate | 1.3 miles per dollar |
| REWARDS | |
| |
eligible_rewards (1)
card_details
Best for travel rewards
Citi Prestige Card
on_provider_website
| Annual Fee | S$ 545.00 |
|---|---|
| Airport Lounge Access | Unlimited Priority Pass visits |
| Airmiles Base Rate | 1.3 miles per dollar |
| REWARDS | |
| |
eligible_rewards (5)
card_details
Best for a day out or staying in
Citi Cash Back+ Card
on_provider_website
| Cashback Local | Up to 3.25% |
|---|---|
| Cashback Overseas | 3.25% |
| Monthly Spend Required | None |
| Annual Fee | S$ 196.20 |
| REWARDS | |
| |
eligible_rewards (5)
card_details
Best unlimited cashback
Maybank FC Barcelona Visa Signature Card
on_provider_website
| Cashback Local | 1.6% |
|---|---|
| Cashback Overseas | 1.6% |
| Monthly Spend Required | None |
| Annual Fee | S$ 130.80 |
| REWARDS | |
| |
eligible_rewards (2)
card_details
Best cashback with low min. spend
HSBC Live+ Credit Card
on_provider_website
| Cashback Local | Up to 8% |
|---|---|
| Cashback Overseas | Up to 8% |
| Monthly Spend Required | S$ 600.00 per month |
| Annual Fee | S$ 196.20 |
| REWARDS | |
| |
eligible_rewards (5)
card_details
Best for families and household
UOB One Card
on_provider_website
| Cashback Overseas | Up to 3.33% |
|---|---|
| Monthly Spend Required | S$ 2,000.00 |
| Annual Fee | S$ 196.20 |
| Cashback Local | Up to 20% |
| REWARDS | |
| |
eligible_rewards (1)
card_details
Understanding the Singapore Credit Card Landscape
Singapore's credit card market is lively and competitive. You'll find many best credit card promotions and offers from big banks like DBS, OCBC, and UOB. These banks always come up with new perks and rewards to draw in customers.
The top credit card in Singapore often has cashback, miles, or special lifestyle perks. Lately, there's a move towards digital wallets and contactless payments. This shows how tech-savvy the people of Singapore are.
Singapore has strict rules to protect consumers. The Monetary Authority of Singapore (MAS) watches over credit card issuers. They set rules for interest rates, fees, and how they market their cards.
|
Card Type |
Popular Features |
Target Audience |
|---|---|---|
|
Cashback |
High rebates on daily spending |
Value-seekers |
|
Miles |
Travel perks, lounge access |
Frequent travellers |
|
Rewards |
Points for dining, shopping |
Lifestyle enthusiasts |
Think about how you spend and what you like when picking your card. Banks design their best credit card offers for certain groups, like young professionals or families.
Keep up with the latest credit card deals to get the most out of your card in this changing market. Whether you're looking to maximise your credit card rewards on local cuisine like char kway teow and laksa, or earn miles for your next trip to Changi Jewel, there's a card out there for you.
Key Factors to Consider When Choosing a Credit Card
Choosing the right credit card in 2025 is important for your finances and spending habits. You need to think about several key factors. These will help you pick the best credit card in Singapore.
Annual Fees and Waivers
Many top credit cards in 2025 have annual fees, which can be anywhere from $0 to over $500. Some cards waive these fees for the first year or if you spend a certain amount. Think about whether the card's benefits are worth the annual cost.
Rewards Programmes and Points Systems
Rewards are a big reason people choose credit cards. Look for cards that match your spending. Some cards give points for dining, travel, or groceries. The best card for you will give you the most rewards on what you buy most.
Cashback Rates and Structures
Cashback cards are popular in Singapore. They give you a percentage of your spending back as cash. Rates can be from 1.5% to 10% or more on certain purchases. Make sure to check cashback limits and spending requirements.
Interest Rates and Grace Periods
If you sometimes carry a balance, the interest rate is key. Lower rates can save you money on interest. Also, look at the grace period - the time you have to pay off your balance without interest.
|
Factor |
Why It Matters |
What to Look For |
|---|---|---|
|
Annual Fee |
Affects overall card cost |
Annual fee waivers, value vs. benefits |
|
Rewards |
Provides extra value on spending |
Alignment with spending habits |
|
Cashback |
Offers direct savings on purchases |
High rates, reasonable caps |
|
Interest Rate |
Impacts cost if carrying balance |
Lower rates, longer grace periods |
By considering these factors, you'll be ready to pick a credit card that fits your financial needs and lifestyle in Singapore. Remember, whether you're kiasu about maximising rewards or simply looking for a card to use during the next big sale, there's an option out there for you.
Top Cashback Credit Cards in Singapore
Singapore's credit card market has many cashback options. Residents can pick from several enticing cashback deals. Let's look at some of the best offers in this category.
The DBS Live Fresh Card is a standout with its 6% cashback on online and Visa contactless transactions. It's perfect for those who love digital payments and online shopping with credit cards.
The OCBC 365 Credit Card offers a balanced cashback. You'll get 5% on dining and online food delivery, 3% on groceries, transport, and bills. It's great for everyday spending in various categories.
The Citibank Cash Back+ Mastercard gives a simple 1.6% cashback on all spending with no minimum. It's ideal for those who like easy and flexible rewards.
|
Card Name |
Key Cashback Features |
Best For |
|---|---|---|
|
DBS Live Fresh |
6% on online and contactless |
Digital shoppers |
|
OCBC 365 |
5% dining, 3% groceries |
Everyday spenders |
|
Citibank Cash Back+ |
1.6% on all spend |
Simplicity seekers |
When picking a cashback card, think about your spending habits and what you buy often. Some cards give more cashback in certain areas, while others offer it on all purchases. Always check the annual fees and minimum spend to get the most out of your card.
Best Credit Cards for Miles and Travel Rewards
If you travel a lot, finding the right travel credit card can save you money and make your trips better. Singapore has many great options for the best miles credit card for those who love to travel. Let's look at some top picks for travel benefits in 2025.
Airlines and Partner Programmes
Many top credit cards in Singapore work with big airlines. The Citi PremierMiles Card gives you miles for every dollar you spend, which you can switch to different airline programmes. For fans of Singapore Airlines, the KrisFlyer UOB Credit Card adds miles straight to your account.
Travel Insurance Benefits
Travel insurance is key for those who love to explore the world. The DBS Altitude Visa Signature Card offers travel accident insurance and covers travel problems. This makes it a great choice for peace of mind on the road.
Lounge Access and Travel Perks
Travel perks can make your trip more comfortable. The OCBC VOYAGE Card gives you access to over 1,000 airport lounges around the world. It also offers a limousine service to the airport, making your travel experience better from the start to the end.
|
Card Name |
Miles Earn Rate |
Key Travel Perks |
|---|---|---|
|
Citi PremierMiles |
1.2 miles per $1 local spend |
Miles transfer to multiple airlines |
|
KrisFlyer UOB |
3 miles per $1 on SIA Group |
Direct miles to KrisFlyer account |
|
DBS Altitude |
1.3 miles per $1 local spend |
Comprehensive travel insurance |
|
OCBC VOYAGE |
1.3 miles per $1 local spend |
Global lounge access, limo service |
When picking the best credit card for your travel needs, think about how often you fly, your favourite airlines, and what perks you want most. With the right card, your everyday spending can turn into amazing travel experiences, whether you're jetting off to explore new cuisines or planning a staycation at Marina Bay Sands.
Premium Credit Cards: Features and Benefits
Premium credit cards in Singapore offer luxury and exclusive perks. They are designed for high-income earners, providing unmatched benefits. Let's look at what makes these cards stand out among the best in Singapore.
These cards have high annual fees, between $300 to $1,000. But, they offer great rewards. You'll find some of the best credit card offers here, including:
-
Concierge services for booking restaurants and travel
-
Airport lounge access worldwide
-
Complimentary hotel nights at luxury properties
-
Accelerated miles earning on spending
-
Exclusive event invitations
To get these cards, you usually need a high income. Most issuers want cardholders to earn $120,000 to $150,000 a year. This ensures they can enjoy the premium benefits fully.
|
Card Feature |
Standard Card |
Premium Card |
|---|---|---|
|
Annual Fee |
$30 - $200 |
$300 - $1,000 |
|
Income Requirement |
$30,000 - $80,000 |
$120,000 - $150,000 |
|
Miles Earn Rate |
1.2 - 1.5 miles/$1 |
1.5 - 4 miles/$1 |
|
Lounge Access |
Limited or none |
Extensive global access |
American Express and UOB offer top-tier cards in Singapore. They keep updating their cards with new perks to stay ahead. If you're thinking about a premium card, compare the benefits with your lifestyle and spending to see if it's right for you.
Best Credit Card Singapore: Comparing Offers and Promotions
Looking for the best credit cards 2025 in Singapore means more than just checking basic features. Issuers often offer special deals to draw in new customers. Let's dive into some key offers to think about when picking your next card.
Sign-up Bonuses
Many banks give big sign-up bonuses to new cardholders. These can be cashback, miles, or reward points. For instance, some top credit cards might offer up to 30,000 miles or $300 cashback after you apply and spend a certain amount.
Limited-Time Offers
Banks often have seasonal promotions. During these times, you could get higher cashback rates or earn more miles. Watch for these deals, especially during holidays or big shopping events like the Great Singapore Sale.
Exclusive Partnerships and Discounts
The top credit card issuers team up with popular brands for special discounts for cardholders. These deals can be anything from dining discounts at top restaurants to special hotel rates. Some cards even offer free airport lounge access or travel insurance.
|
Offer Type |
Potential Benefits |
|---|---|
|
Sign-up Bonus |
Up to 30,000 miles or $300 cashback |
|
Limited-Time Offer |
Double cashback rates, 4X miles earning |
|
Exclusive Partnerships |
1-for-1 dining deals, 50% off hotel stays |
While these deals can be a big plus, always think about the card's long-term benefits. The best credit card for you should match your spending habits and financial goals, not just the initial perks. Whether you're looking to maximise rewards on your weekly grocery runs or earn miles for your next overseas adventure, there's a card out there to suit your needs.
Maximising Your Credit Card Benefits in Singapore
To get the most from your credit cards in Singapore, it's key to use them wisely. Using several cards at once can be a smart move. For example, pick one card for dining and another for groceries. This way, you can earn rewards across different spending areas.
It's important to meet the minimum spend to get sign-up bonuses. Plan big purchases during these times to easily reach the targets. The right card for you depends on how you spend. Choose cards that give high rewards in your main spending areas.
Managing your credit well is crucial. Pay off your bills fully and on time to avoid extra charges. Keep an eye on your spending and stick to your budget. This way, you'll enjoy credit card perks without getting into debt.
Lastly, know what your card offers. Many top credit cards in Singapore come with travel insurance or lounge access at airports. By using these benefits, you'll get the most from your cards. The best card is one that fits your life and saves you money over time.
Remember, whether you're using your card for a quick kopi o at the local kopitiam or splurging on a staycation, make sure you're maximising your rewards with every swipe.
Frequently asked questions
What are the most important factors to consider when choosing a credit card?
When picking a credit card, look at annual fees and waivers, rewards programmes, cashback rates, and interest rates. Think about how these match your spending and financial goals. This will help you find the right card for you.
What are the best cashback credit cards in Singapore?
The DBS Live Fresh Card, OCBC 365 Credit Card, and Citi Cash Back+ Card are top choices in Singapore. They offer great cashback rates and special deals to boost your earnings.
How can I earn miles and travel rewards with a credit card?
Choose cards linked to airlines or hotels, like the Singapore Airlines KrisFlyer Credit Card or the Maybank Horizon Visa Signature Card. These cards let you earn miles or points for flights, hotels, and travel perks like lounge access and insurance.
What are the benefits of premium credit cards?
Premium cards like the American Express Platinum Card and UOB Reserve VI Card offer special perks. These include concierge services, lounge access, and free hotel stays. But, they have higher fees and income needs.
How can I take advantage of credit card promotions and offers?
Many credit card companies in Singapore have sign-up bonuses and special deals. Keep an eye on these offers and apply for new cards when they're good deals. Just remember to meet spending needs and use credit wisely.
How can I maximise my credit card benefits in Singapore?
To get the most from your credit cards, use several cards for different rewards. Aim to hit spending targets to get sign-up bonuses. And always pay on time and keep your credit use low to manage your credit well.
What are some popular Singapore-specific rewards offered by credit cards?
Many credit cards in Singapore offer rewards tailored to local preferences. These can include cashback on dining at hawker centres, bonus points for shopping during the Great Singapore Sale, or miles for booking staycations at popular hotels like Marina Bay Sands or Changi Jewel.
Are there any credit cards that offer special benefits for public transport in Singapore?
Yes, some credit cards offer rebates or cashback on public transport expenses. These can include MRT rides, bus fares, and even Grab or taxi rides. Cards like the OCBC FRANK Card and UOB EVOL Card often have such benefits.
Can I use my Singapore credit card to earn rewards when travelling overseas?
Absolutely! Many Singapore credit cards offer enhanced rewards for overseas spending. Some cards even waive foreign transaction fees. Just be sure to inform your bank before you travel to ensure your card isn't blocked for security reasons.
Are there any credit cards in Singapore that cater specifically to foodies?
Indeed! Singapore's food culture is reflected in its credit card offerings. Many cards offer enhanced cashback or points for dining out, whether it's at high-end restaurants or local hawker centres. Some even partner with food delivery services for additional rewards on takeaway orders.