Best Instant Approval Credit Cards That Also offer Digital Cards
updated: Dec 10, 2024
Instant approval credit cards are enticing if you have big-ticket purchases on the horizon and you want to rack up cashback, miles, or rewards points in time.
written_by SingSaver Team
While not every credit card on the market is available to applicants right away, there’s a fair number of instant approval credit cards for you to choose from across the various banks in Singapore. These banks understand how frustrating it can be for potential customers to wait; hence, the process for obtaining such credit cards has been made seamless, quick and secure altogether with MyInfo.
To make your life a tad easier, we’ve rounded up the instant approval credit cards, including instant digital credit cards, from the various banks below for your easy reference. As a bonus, the majority of these credit cards are accessible, requiring only a minimum annual income of $30,000!
SingSaver Cash Quest
Get 10x chances to win S$50,000 when you apply for participating Credit Cards in our Cash Quest Campaign. Applying for multiple products means more chances! Plus, download the SingSaver App and log in with the same email used during product application to earn 20 additional chances! Valid till 22 December 2024. T&Cs apply.
OCBC
Exclusive to Singaporeans and Singapore PRs with SingPass credentials, OCBC offers instant approval for the majority of the credit cards in their lineup. Log in to MyInfo using SingPass to get instant approval for your credit card.
These are the OCBC credit cards that qualify for instant approval:
|
Credit card |
Key benefits |
|
5% cashback on dining worldwide and online food delivery
6% cashback on all petrol
3% cashback on groceries worldwide, ride-hailing, public transport, utilities, electric vehicle charging, pharmacies, and streaming subscriptions
Min. S$800 / S$1,600 spend per month, capped at S$80 / S$160 cashback |
|
|
|
50 OCBC$ per S$5 / 4 mpd on eligible online and retail transactions
Capped at 10,000 OCBC$ per calendar month
Additional 2% cash rebate at BEST Denki |
|
8% cashback on foreign currency, online, and contactless spend
Extra 2% cashback on selected sustainable spend
Min. S$800 spend per month, capped at S$100 cashback |
Standard Chartered Bank
Standard Chartered offers instant digital cards for Singaporeans and Singapore PRs who apply for certain credit cards with the bank using MyInfo. Upon approval and activation, the digital credit card can only be used for:
-
3-Domain Secure (3DS) online purchases which are authenticated by OTP (One-Time Password)
-
Payments through Apple Pay, Google PayTM and Samsung Pay
You have up to 15 calendar days from the date your credit card was approved to activate your digital credit card.
What about the traditional physical credit cards we’re all familiar with? Fret not, you will still receive your physical credit card within five to seven working days. However, bear in mind the digital credit card will no longer be usable once you have activated the physical card!
You can apply for instant digital cards with the following Standard Chartered credit cards:
|
Credit card |
Key benefits |
|
1.5% cashback on all spend
No min. spend
No cap on cashback |
|
|
|
Up to 10X Rewards Points on foreign currency spend on overseas retail, dining, and travel transactions
Up to 5X Rewards Points on local dining transactions in SGD |
|
1.2 mpd on local spend
2 mpd on foreign spend
3 mpd on online local transactions for transport, grocery, and food delivery merchants (capped at S$1,000 spend per month)
2 complimentary Priority Pass airport lounge visits per year
Up to S$1 million complimentary travel insurance coverage |
|
|
|
1.4 mpd on local spend
3 mpd on foreign spend
Min. S$2,000 spend per month; otherwise 2.5 mpd only
6 complimentary Priority Pass airport lounge visits per year
Up to S$1 million complimentary travel insurance coverage |
SingSaver x Standard Chartered Bank Exclusive Offer
Choose Dyson products, Nintendo Switch OLED, Apple iPad or AirProds, Flujo BEA Chair, Samsonite Straren Spinner 67/24, up to 57,000 Max Miles, or up to S$380 cash when you apply for an SCB Credit Card via SingSaver and fulfil promo criteria. Valid till 5 January 2025. T&Cs apply. Plus, get up to 10x chances to win S$50,000 when you apply during our Cash Quest Campaign. Valid till 22 December 2025. T&Cs apply.
HSBC
HSBC offers instant approval for new-to-bank Singaporeans and Singapore PRs who apply for select HSBC credit cards via MyInfo using the HSBC Singapore app. The salaried Singaporean or PR applicant must be residing in Singapore.
To start, download the HSBC Singapore app from your app store. Click ‘Start my application’, choose the credit card you are interested in. Apply with MyInfo and receive a decision status from the bank. Thereafter, you may register for online banking.
These are the HSBC credit cards that qualify for instant approval:
|
Credit card |
Key benefits |
|
|
10X Rewards Points / 4 mpd on eligible online and contactless spend
Capped at S$1,000 spend / 9,000 bonus points per month
No annual fee |
|
1.5% cashback on all eligible spend, with no min. spend
2.5% cashback on all eligible spend, with min. S$2,000 spend
Extra 1% HSBC Everyday+ Rewards cashback
Up to S$500,000 complimentary travel insurance coverage |
|
|
1.2 mpd on local spend
2.4 mpd on foreign spend
4 complimentary airport lounge visits per year
Up to US$100,000 complimentary travel insurance coverage |
|
|
5% cash rebate on dining, groceries, and fuel
1 Reward Point per S$1 spend on all other shopping
Extra 1% HSBC Everyday+ Cashback |
|
|
HSBC Visa Infinite Credit Card |
2.25 mpd on all eligible spend
Unlimited airport lounge visits per year, including other travel privileges (e.g. limo transfer, expedited immigration clearance |
SingSaver x HSBC Exclusive Offer
Get Dyson products, S$199 Cash + S$200 eCapitaVoucher, S$400 eCapitaVoucher, a FLUJO SmarTrax Standing Desk, or 20,000 Heymax Miles when you apply for select HSBC Credit Cards via SingSaver and fulfil promo criteria! Valid till 2 January 2025. T&Cs apply.
UOB
UOB offers instant approval for new-to-bank Singaporean or Singapore PR applicants who use MyInfo to complete their applications for UOB credit cards between 7am to 8pm.
Successful applicants have to first pass all screening steps and income checks to be eligible for instant account opening. You should receive an SMS notification along with a notification email or letter regarding your credit card application status.
Existing-to-bank applicants who apply via internet banking can also enjoy instant approval for their credit card applications with UOB. Existing UOB customers can expect to receive an SMS notification detailing their credit card application status within minutes from submission.
These are the UOB credit cards that qualify for instant approval:
|
Credit card |
Key benefits |
|
Up to 15% cashback (for new-to-UOB cardmembers) / 10% cashback (for existing UOB customers):
3.33% base cashback on all eligible spend
Min. S$500 / S$1,000 / S$2,000 spend across min. 5 transactions per month per quarter |
|
|
8% cashback on online and mobile contactless transactions
|
|
|
10X UNI$ per S$5 spend (4 mpd) on one / two preferred category(ies) from these categories:
Bonus points capped at S$1,000 / S$2,000 spend per month respectively |
|
|
1.4 mpd on local spend
2.4 mpd on foreign spend
6 mpd on major airlines and hotels booked on Agoda, Expedia, and UOB Travel |
|
|
3 mpd on everyday spend like dining, online food delivery, online shopping, online travel, and transport
3 mpd on Singapore Airlines, Scoot, KrisShop, and Kris+ purchases
1.2 mpd on all other spend
Min. S$800 spend per year on Singapore Airlines-related spend to qualify
Up to S$500,000 complimentary travel insurance coverage |
|
|
1.7% unlimited cashback on all spend |
|
|
UOB Preferred Platinum Visa Card |
10X UNI$ per S$5 spend / 4 mpd on online shopping, mobile contactless, and entertainment spend
Capped at UNI$2,000 spend on selected online and mobile contactless transactions per month |
|
UOB Visa Signature Card |
10X UNI$ per S$5 spend / 4 mpd on overseas spend (including online) and petrol & contactless payments
Min. S$1,000 overseas spend and S$1,000 local spend per month
Capped at S$2,000 spend per month |
Compare Best Instant Approval Credit Cards
| credit_card | Card benefit | Min. Annual Income | Annual Fee | offers_rewards | apply | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
1.5% cashback | S$ 30,000 | S$ 196.20 | eligible_rewards (8) | on_provider_website | eligible rewards (8) on_provider_website | ||||||
1 - 10 points per dollar | S$ 30,000 | S$ 196.20 | eligible_rewards (8) | on_provider_website | eligible rewards (8) on_provider_website | ||||||
1.2 - 3 miles per dollar | S$ 30,000 | S$ 196.20 | eligible_rewards (8) | on_provider_website | eligible rewards (8) on_provider_website | ||||||
0.25 - 2.5% cashback | S$ 30,000 | No Annual Fee | eligible_rewards (5) | on_provider_website | eligible rewards (5) on_provider_website | ||||||
1.5 - 2.5% | S$ 30,000 | S$ 196.20 | 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 | N/A | on_provider_website | on_provider_website | ||||||
3.33 - 20% cashback | S$ 30,000 | S$ 196.20 | eligible_rewards (2) | on_provider_website | eligible rewards (2) on_provider_website | ||||||
0.3 - 10% cashback | S$ 30,000 | S$ 196.20 | eligible_rewards (1) | on_provider_website | eligible rewards (1) on_provider_website | ||||||
1.7% cashback | S$ 30,000 | S$ 196.20 | eligible_rewards (6) | on_provider_website | eligible rewards (6) on_provider_website | ||||||
about_the_author
SingSaver Team
At SingSaver, we make personal finance accessible with easy to understand personal finance reads, tools and money hacks that simplify all of life’s financial decisions for you.