No, not all credit cards have a minimum spend requirement. While some credit cards have minimum spending requirements that cardholders must reach to qualify for bonus rewards or benefits, some credit cards offer cashback without any minimum spending obligation.
These no-minimum-spend credit cards provide the flexibility to earn rewards on all eligible transactions, regardless of the purchase amount. Users can enjoy cashback or other benefits from the very first dollar spent, making these cards suitable for individuals with varying spending patterns and preferences.
Exploring different credit card options is essential to find one that aligns with your spending habits and rewards preferences.
Best Cashback Credit Cards with no Minimum Spend in Singapore 2024
updated: Nov 05, 2024
Best Cashback Credit Cards with no Minimum Spend
| credit_card | Cashback Local | Cashback Overseas | Annual Fee | offers_rewards | apply | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
6% | 0.5% | No Annual Fee | eligible_rewards (8) | on_provider_website | eligible rewards (8) on_provider_website | ||||||
Up to 3% | Up to 3% | S$ 87.20 | eligible_rewards (2) | on_provider_website | eligible rewards (2) on_provider_website | ||||||
2% | 2% | S$ 196.20 | N/A | on_provider_website | on_provider_website | ||||||
2% | 2% | S$ 196.20 | N/A | on_provider_website | on_provider_website | ||||||
1.7% | 1.7% | S$ 196.20 | eligible_rewards (6) | on_provider_website | eligible rewards (6) on_provider_website | ||||||
1.6% | 1.8% | S$ 374.50 | N/A | ||||||||
1.6% | 1.6% | S$ 130.80 | eligible_rewards (2) | on_provider_website | eligible rewards (2) on_provider_website | ||||||
Up to 3.25% | 3.25% | S$ 196.20 | eligible_rewards (6) | on_provider_website | eligible rewards (6) on_provider_website | ||||||
1.6% | 1.6% | S$ 150.00 | N/A | ||||||||
1.5% | 1.5% | S$ 174.40 | N/A | on_provider_website | on_provider_website | ||||||
1.5% | 2.2% | S$ 599.50 | eligible_rewards (2) | on_provider_website | eligible rewards (2) on_provider_website | ||||||
1.5% | 1.5% | S$ 196.20 | eligible_rewards (8) | on_provider_website | eligible rewards (8) on_provider_website | ||||||
1.5% | 2% | S$ 686.36 | N/A | ||||||||
Card Details
Fastest Cash Fulfillment
Standard Chartered Smart Credit Card
/ 5
on_provider_website
| Cashback Local | 6% |
|---|---|
| Cashback Overseas | 0.5% |
| Annual Fee | No Annual Fee |
| REWARDS | |
| |
eligible_rewards (8)
card_details
Maybank Manchester United Platinum Visa Credit Card
on_provider_website
| Cashback Local | Up to 3% |
|---|---|
| Cashback Overseas | Up to 3% |
| Annual Fee | S$ 87.20 |
| REWARDS | |
| |
eligible_rewards (2)
card_details
DCS Ultimate Platinum UnionPay Card
on_provider_website
| Cashback Local | 2% |
|---|---|
| Cashback Overseas | 2% |
| Annual Fee | S$ 196.20 |
card_details
DCS Ultimate Platinum Mastercard
on_provider_website
| Cashback Local | 2% |
|---|---|
| Cashback Overseas | 2% |
| Annual Fee | S$ 196.20 |
card_details
UOB Absolute Cashback Card
/ 5
on_provider_website
| Cashback Local | 1.7% |
|---|---|
| Cashback Overseas | 1.7% |
| Annual Fee | S$ 196.20 |
| REWARDS | |
| |
eligible_rewards (6)
card_details
BOC Visa Infinite Card
| Cashback Local | 1.6% |
|---|---|
| Cashback Overseas | 1.8% |
| Annual Fee | S$ 374.50 |
card_details
Maybank FC Barcelona Visa Signature Card
on_provider_website
| Cashback Local | 1.6% |
|---|---|
| Cashback Overseas | 1.6% |
| Annual Fee | S$ 130.80 |
| REWARDS | |
| |
eligible_rewards (2)
card_details
Fastest Rewards Fulfilment
Citi Cash Back+ Card
/ 5
on_provider_website
| Cashback Local | Up to 3.25% |
|---|---|
| Cashback Overseas | 3.25% |
| Annual Fee | S$ 196.20 |
| REWARDS | |
| |
eligible_rewards (6)
card_details
ICBC Chinese Zodiac Credit Card
/ 5
| Cashback Local | 1.6% |
|---|---|
| Cashback Overseas | 1.6% |
| Annual Fee | S$ 150.00 |
card_details
American Express True Cashback Card
/ 5
on_provider_website
| Cashback Local | 1.5% |
|---|---|
| Cashback Overseas | 1.5% |
| Annual Fee | S$ 174.40 |
card_details
DBS Vantage Visa Infinite Card
/ 5
on_provider_website
| Cashback Local | 1.5% |
|---|---|
| Cashback Overseas | 2.2% |
| Annual Fee | S$ 599.50 |
| REWARDS | |
| |
eligible_rewards (2)
card_details
Fastest Cash Fulfillment
Standard Chartered Simply Cash Credit Card
on_provider_website
| Cashback Local | 1.5% |
|---|---|
| Cashback Overseas | 1.5% |
| Annual Fee | S$ 196.20 |
| REWARDS | |
| |
eligible_rewards (8)
card_details
UOB Regal Business Metal Card
/ 5
| Cashback Local | 1.5% |
|---|---|
| Cashback Overseas | 2% |
| Annual Fee | S$ 686.36 |
card_details
How does a Cashback Credit Card with no Minimum Spend Work?
A Cashback Credit Card with no minimum spend requirement provides cashback on all eligible transactions without the need to reach a minimum spending amount. You can earn cashback on all qualifying purchases, making it a straightforward and hassle-free way to enjoy cashback without meeting specific spending requirements.
How to best use a Cashback Credit Card with no Minimum Spend
To make the most of a Cashback Credit Card with no Minimum Spend, follow these effective strategies.
Use it for everyday expenses
Use the card for everyday purchases like groceries, dining, transportation, and online shopping. Since there's no minimum spend, every qualifying transaction earns you cashback.
Explore promotions
Keep an eye out for limited-time promotions or special cashback offers. Take advantage of these opportunities to boost your cashback earnings.
Combine with other cards
If you have multiple cashback cards, strategically use them for specific spending categories to maximize your overall cashback rewards.
Check for caps and exclusions
Review the card's terms to understand if there are any cashback caps or excluded spending categories. Adjust your spending accordingly.
Explore partnerships
Some cashback cards partner with merchants, offering higher cashback rates or exclusive deals. Take advantage of these collaborations when shopping.
Who should use a Cashback Credit Card with no Minimum Spend?
A Cashback Credit Card with no Minimum Spend is ideal for these types of users:
Regular credit card users
Individuals who frequently use credit cards for everyday expenses can benefit from earning cashback on all eligible transactions, regardless of the purchase amount.
Simplicity Seekers
People who prefer a straightforward rewards system without the complexity of meeting minimum spending requirements will appreciate the ease of earning rewards with no minimum spend.
Users with varied spending patterns
This card suits users with varying spending habits, allowing them to earn rewards on small and significant expenses without the need to reach a specific spending threshold.
Those looking to avoid interest
Those who consistently pay off their credit card bill in full and on time can fully enjoy the cashback benefits without incurring interest charges.
Convenience Lovers
The simplicity of a no-minimum-spend cashback card appeals to individuals who want to earn rewards effortlessly without tracking specific spending thresholds.
Things to look out for when choosing a Cashback Credit Card with no Minimum Spend
When selecting a Cashback Credit Card with no Minimum Spend, consider the following factors to maximise your rewards and benefits:
Eligible transactions
Ensure the card covers a wide range of eligible transactions. Look for exclusions or restrictions on certain types of spending that may not qualify for cashback. Examples include cash advance, insurance premiums, and tax payments.
Redemption options
Review the redemption methods for your earned cashback. Choose a card with convenient and flexible options, such as direct statement credits or bank deposits.
Promotional offers
Check for any introductory promotions or limited-time cashback boosts. Promotional offers can provide extra benefits for a specified period, increasing your cashback potential.
Cashback caps
Be aware of any cashback limits or monthly caps. Some cards may have a maximum cashback amount you can earn, which could impact your overall rewards potential.
Merchant partnerships
Some cards may partner with specific merchants, offering bonus cashback or discounts for spending at these establishments.
Frequently Asked Questions
Do all credit cards have minimum spend?