Best 0% Processing Fee Credit Cards in Singapore 2024
Credit cards with 0% processing fee are one of the most underrated credit cards you can get – especially if you prefer to Buy-Now-Pay-Later (BNPL) or have an upcoming big-ticket purchase you’d like to pay in instalments. These credit cards feature favourable 0% instalment plans with 0% processing fee, making them an attractive option for managing substantial transactions without causing immediate financial strain.
Richest Offer in the Market; Exclusively on SingSaver
Xiaomi Truclean W20 Wet Dry Vacuum (worth S$249)
Valid until
02 March 2025
Upgrade Your Rewards with a Simple Top-Up
Save S$549 on a Xiaomi Robot Vacuum X20 (worth S$699) by upgrading your reward with a top up
Valid until
02 March 2025
SC Million Reasons to be Happier Promotion
Porsche Taycan Electric
Valid until
28 February 2025
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Things to consider for this product:
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Bonus air miles
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Public transportation
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Installment
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No Annual Fee
No cash advance fee.
No annual fee.
Enjoy 6% cashback in the form of reward points on selected merchants with no min. spend required.
Enjoy 0.5% cashback in the form of reward points for all base spends with no monthly cashback cap.
Enjoy 0% interest rates with 3-month EasyPay instalment tenure with no processing fee.
Cashback capped at 14,400 reward points, approximately S$45, on selected merchants.
Points expire after 3 years.
Highest Cash Reward
Gift Options
S$200 Cash via PayNow
Rewards Upgrade promotion is valid until 2 March 2025.
Promotion is valid for new Standard Chartered credit cardmembers only.
Apply for the Standard Chartered Smart Card or Rewards+ Credit Card and make a min. spend of S$500 within 30 days of card approval to be eligible for reward.
Promotion is not stackable with other welcome offers from Standard Chartered.
Richest Offer in the Market; Exclusively on SingSaver
Gift Options
Apple iPad 9th Gen 10.2" WiFi 64GB (worth S$479); or
Hinomi H1 Classic V3 Ergonomic Office Chair without Headrest (worth S$659) ; or
Xiaomi Truclean W20 Wet Dry Vacuum (worth S$249)
SingSaver Exclusive Offer promotion is valid until 2 March 2025.
Promotion is valid for new Standard Chartered credit cardmembers only.
Apply for the Standard Chartered Smart Card or Rewards+ Credit Card and make a min. spend of S$500 within 30 days of card approval to be eligible for reward.
Promotion is not stackable with other welcome offers from Standard Chartered.
Enjoy 5% Cashback on McDonald's, Starbucks, Golden Village, Netflix and Spotify.
Enjoy additional 5% Green Cashback on selected eco-friendly Eateries, Retailers, and Transport Services.
0.3% Cashback on All Other Spend
5 Years Annual Fee Waiver
No minimum spend required
No minimum income required
Monthly credit limit of S$500
Monthly cashback cap of S$50
Terms and Conditions :
Installment Processing Fee: From 2 %
Eligibility :
Minimum Age: 21 years old
Maximum Age: 27 years old
Minimum Annual Income: None
American Express Platinum Card
Installment Rate
0 %
info
At participating Pay Small Merchants.
Installment Tenure
Up to 24 months
Minimum Spend For Installment
S$ 250
info
May differ with each participating merchant.
Minimum Annual Income
Conditional
info
Card application is subjected to customers meeting the regulatory minimum income requirement and internal assessment.
Offer Available
Welcome Offer
160,000 Membership Rewards® points
Valid until
28 May 2025
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Things to consider for this product:
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Bonus air miles
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Dining savings
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Airport lounge
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Annual Fee required
Up to S$1,354 worth of travel, dining, and lifestyle credits inclusive of S$200 airline credits, S$400 global dining credits, S$400 lifestyle credits, S$204 entertainment credits, and S$150 fashion credits.
Indulge In Fine Hotels + Resorts Benefits Worth S$800.
Complimentary access for you, a supplementary cardholder and one guest each to 1,400 Lounges such as The Centurion Lounge, Priority Pass, International American Express Lounges.
Gain instant status to higher tiers of leading hotel loyalty programs.
Complimentary Access into Tower Club.
Membership Rewards Points never expire.
Up to 50% savings at premium dining locations with Love Dining by Platinum.
Enjoy S$400 every year to use at over 1,400 curated restaurants locally and around the world.
Annual fee: S$1,744 (inclusive of GST).
Please refer to the American Express website (go.amex/singsaver) for the most up to date information on card benefits and its terms & conditions.
Welcome Offer
Gift Options
160,000 Membership Rewards® points
Welcome Offer promotion runs until 28 May 2025.
Promotion is valid for new and existing American Express card members.
Apply for The Platinum Card® by AMEX through SingSaver, pay the annual fee (S$1,744 incl. GST) and make a min. spend of S$8,000 within 3 months of card approval to be eligible for reward
Receive 150,000 Membership Rewards® points upon fulfilment of reward criteria
Earn 10,000 Membership Rewards® points based on the S$8,000 spent (based on 2 Membership Rewards® points earned per S$1.60 spent)
Promotion does not stack with other Welcome Offers from AMEX.
58,000 miles upon SMS registration and fulfilling spend requirement
Valid until
28 February 2025
Welcome Offer
38,000 miles with 1st year annual fee waived
Valid until
28 February 2025
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Things to consider for this product:
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Bonus air miles
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Unlimited air miles
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Travel insurance
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No monthly spend required
Earn 3 miles per S$1 spend (UNI$7.5 per S$5 spend) on regional spend in Indonesia, Malaysia, Thailand, Vietnam, including online shopping on overseas website.
Earn 2.4 miles per S$1 spend (UNI$6 per S$5 spend) on other overseas spend, including online shopping on overseas websites.
Earn 1.4 miles per S$1 spend (UNI$3.5 per S$5 spend) on local spend.
4 complimentary lounge visits per calendar year for principal cardmembers.
Earn up to 8 miles per S$1 spend (UNI$20 per S$5 spend) on agoda and Expedia bookings via UOB PRVI Miles website.
PRVI Miles Amex Exclusive: 20,000 loyalty miles with min. S$50,000 annual spend
PRVI Miles Amex Exclusive: Up to 8 complimentary airport transfers annually with min. S$1,000 overseas spend per quarter
Earn up to 6 bonus KrisFlyer miles for every S$1 spend if you also apply for a new KrisFlyer UOB Account
Complimentary personal accident coverage and emergency medical assistance of up to S$500,000.
Choice to redeem for miles, cashback, or vouchers.
No minimum spend and no cap on earned miles
2 year points expiry.
Annual fee of S$261.60
Terms and conditions apply for all above-mentioned privileges. Visit here for more details. Insured up to S$100,000 by SDIC.
Flash Deal
Gift Options
S$250 eCapitaVoucher; or
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349)
SingSaver Flash Deal promotion runs until 28 February 2025.
Promotion is valid for new-to-UOB credit cardmembers only.
Be the first 100 applicants of selected UOB credit cards and make a min. spend of S$1,000 within 30 days of card approval to be eligible for rewards.
Flash Deal reward will be received on top of SingSaver Exclusive Offer reward.
Remaining applicants will receive the SingSaver Exclusive Offer reward only.
58,000 miles upon SMS registration and fulfilling spend requirement
Welcome Offer promotion is valid until 28 February 2025.
Promotion is valid for new-to-UOB credit card members only.
Apply for participating UOB credit cards with SMS registration, pay the annual fee (S$261.60 incl. GST) and spend at least S$2,000 per month for 2 consecutive months from card approval date to be eligible for reward
Receive 20,000 miles from first year annual fee payment and SMS registration
Receive 26,000 miles from S$2,000 min. spend per month for 2 consecutive months from card approval date
Receive 12,000 miles with min. regional spend of S$2,000 per month for 2 consecutive months
SMS PMAF <space> last 4 alphanumeric characters of NRIC/passport registered with UOB to 77862
SMS registration must be completed by 31 March 2025.
Welcome Offer promotion is valid until 28 February 2025.
Promotion is valid for the first 50 eligible new-to-UOB credit cardmembers per month during the promotional period
Apply for participating UOB credit cards with 1st year annual fee waived and spend at least S$2,000 per month for 2 consecutive months from card approval date to be eligible for reward
Receive 26,000 miles from S$2,000 min. spend per month for 2 consecutive months from card approval date
Receive 12,000 miles with min. overseas spend of S$2,000 per month for 2 consecutive months
Promotion is valid for new American Express card members only.
Apply for the AMEX Platinum Credit Card, pay the annual fee (S$327 incl. GST) and make a min. spend of S$1,000 within 30 days of card approval to be eligible for rewards
New Card Members: Receive S$200 Statement Credits from fulfilment of reward criteria
Receive 1,250 Membership Rewards® points from the S$1,000 spend (based on 2 Membership Rewards® points earned per S$1.60 spent)
15X UNI$ for every S$5 spent (equivalent to 6 miles per S$1) on 2 of your preferred rewards categories..
UNI$1 per S$5 spent (equivalent to 0.4 miles per S$1) on other purchases.
Complimentary travel insurance coverage of up to US$100,000.
Complimentary e-commerce protection
0% LuxePay
S$120,000 annual income
S$410.40 annual fee
S$5 earning blocks for miles.
Automatic UNI$ deductions
Terms and Conditions :
Installment Processing Fee: From 3 %
Eligibility :
Minimum Age: 21 years old
Min. Annual Income: S$ 120000
UOB PRVI Miles Visa Card
Installment Rate
0 %
Installment Tenure
Up to 24 months
Minimum Spend For Installment
S$ 500
Minimum Annual Income
S$ 30,000
4 Offers Available
Flash Deal
S$250 eCapitaVoucher
+ 1 other gift options
Valid until
28 February 2025
SingSaver Exclusive Offer
S$60 Cash via PayNow
+ 1 other gift options
Valid until
28 February 2025
Welcome Offer
58,000 miles upon SMS registration and fulfilling spend requirement
Valid until
28 February 2025
Welcome Offer
38,000 miles with 1st year annual fee waived
Valid until
28 February 2025
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Things to consider for this product:
check
Bonus air miles
check
Unlimited air miles
check
Travel insurance
check
No monthly spend required
Earn 3 miles per S$1 spend (UNI$7.5 per S$5 spend) on regional spend in Indonesia, Malaysia, Thailand, Vietnam, including online shopping on overseas website.
Earn 2.4 miles per S$1 spend (UNI$6 per S$5 spend) on other overseas spend, including online shopping on overseas websites.
Earn 1.4 miles per S$1 spend (UNI$3.5 per S$5 spend) on local spend.
4 complimentary lounge visits per calendar year for principal cardmembers.
Earn up to 8 miles per S$1 spend (UNI$20 per S$5 spend) on agoda and Expedia bookings via UOB PRVI Miles website.
Earn up to 6 bonus KrisFlyer miles for every S$1 spend if you also apply for a new KrisFlyer UOB Account.
Complimentary personal accident coverage and emergency medical assistance of up to S$500,000.
Choice to redeem for miles, cashback, or vouchers.
No minimum spend and no cap on earned miles
Annual fee of S$261.60
Terms and conditions apply for all above-mentioned privileges. Visit here for more details. Insured up to S$100,000 by SDIC.
Flash Deal
Gift Options
S$250 eCapitaVoucher; or
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349)
SingSaver Flash Deal promotion runs until 28 February 2025.
Promotion is valid for new-to-UOB credit cardmembers only.
Be the first 100 applicants of selected UOB credit cards and make a min. spend of S$1,000 within 30 days of card approval to be eligible for rewards.
Flash Deal reward will be received on top of SingSaver Exclusive Offer reward.
Remaining applicants will receive the SingSaver Exclusive Offer reward only.
58,000 miles upon SMS registration and fulfilling spend requirement
Welcome Offer promotion is valid until 28 February 2025.
Promotion is valid for new-to-UOB credit card members only.
Apply for participating UOB credit cards with SMS registration, pay the annual fee (S$261.60 incl. GST) and spend at least S$2,000 per month for 2 consecutive months from card approval date to be eligible for reward
Receive 20,000 miles from first year annual fee payment and SMS registration
Receive 26,000 miles from S$2,000 min. spend per month for 2 consecutive months from card approval date
Receive 12,000 miles with min. regional spend of S$2,000 per month for 2 consecutive months
SMS PMAF <space> last 4 alphanumeric characters of NRIC/passport registered with UOB to 77862
SMS registration must be completed by 31 March 2025.
Welcome Offer promotion is valid until 28 February 2025.
Promotion is valid for the first 50 eligible new-to-UOB credit cardmembers per month during the promotional period
Apply for participating UOB credit cards with 1st year annual fee waived and spend at least S$2,000 per month for 2 consecutive months from card approval date to be eligible for reward
Receive 26,000 miles from S$2,000 min. spend per month for 2 consecutive months from card approval date
Receive 12,000 miles with min. overseas spend of S$2,000 per month for 2 consecutive months
1.7% cashback on all your purchases including travel, home furnishings, weddings, luxury purchases and more.
0.3% cashback on local transactions which are commonly excluded from earning rewards such as charity, education, healthcare, professional services, utilities and Grab wallet top-ups.
No minimum spend.
No cashback cap.
Cashback earned in current statement period is automatically used to offset the following month's bill.
Mobile contactless payment methods not supported.
Flash Deal
Gift Options
S$250 eCapitaVoucher; or
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349)
SingSaver Flash Deal promotion runs until 28 February 2025.
Promotion is valid for new-to-UOB credit cardmembers only.
Be the first 100 applicants of selected UOB credit cards and make a min. spend of S$1,000 within 30 days of card approval to be eligible for rewards.
Flash Deal reward will be received on top of SingSaver Exclusive Offer reward.
Remaining applicants will receive the SingSaver Exclusive Offer reward only.
American Express Singapore Airlines KrisFlyer Ascend Credit Card
Installment Rate
0 %
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At participating Pay Small Merchants.
Installment Tenure
Up to 24 months
Minimum Spend for Installment
S$ 250
info
May differ with each participating merchant.
Minimum Annual Income
Conditional
info
Card application is subjected to customers meeting the regulatory minimum income requirement and internal assessment.
Offer Available
Welcome Offer
Up to 40,000 KrisFlyer miles (enough to redeem a return trip to Taipei* on Singapore Airlines)
Valid until
28 May 2025
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Things to consider for this product:
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Unlimited air miles
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Travel insurance
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Annual Fee required
From 1 Feb till 31 Jul 2025, new and existing American Express Singapore Airlines KrisFlyer Ascend Credit Card Members can be fast tracked to KrisFlyer Elite Gold membership with S$16,000 on all eligible purchases, including a minimum spending of S$6,000 on eligible Singapore Airlines and Scoot flight bookings. T&Cs apply.
Get a complimentary night stay at participating Hilton properties each year.
Receive a Foreign Spend Miles Redemption Voucher for 18,000 KrisFlyer miles when you spend the equivalent of S$10,000 or more in foreign currency within the qualifying period.
Receive a Renewal Miles Redemption Voucher for 10,000 KrisFlyer miles after American Express receives payment of the renewal annual membership fee each year.
Earn 2 KrisFlyer miles for every S$1 spent on eligible Singapore Airlines and Scoot flight bookings, and KrisShop purchases, with no cap.
Earn up to 2 KrisFlyer miles for every S$1 spent on eligible Grab Singapore transactions, up to S$200 spend in each calendar month.
Earn 1.2 KrisFlyer miles for every S$1 spent on all other eligible purchases, with no cap.
Annual fee: S$397.85 (inclusive of GST) must be paid to enjoy welcome offers.
Please refer to the American Express website (go.amex/singsaver) for the most up to date information on card benefits and its terms & conditions.
Welcome Offer
Gift Options
Up to 40,000 KrisFlyer miles (enough to redeem a return trip to Taipei* on Singapore Airlines)
Welcome Offer promotion runs until 28 May 2025.
Promotion is valid for new and existing American Express card members.
Apply for the American Express Singapore Airlines KrisFlyer Ascend Credit Card, pay the annual fee (S$397.85 incl. GST) and make a min. spend of S$2,000 within 30 days of card approval to be eligible for reward
New to American Express Card Members
Receive 32,600 KrisFlyer miles upon fulfilment of reward criteria
Receive 5,000 KrisFlyer miles upon first transaction on card (for first time American Express Singapore Airlines Credit Card applicants)
Earn 2,400 KrisFlyer miles based on the S$2,000 spent (based on 1.2 KrisFlyer miles earned per S$1 spent locally)
Existing American Express Card Members
Receive 22,600 KrisFlyer miles upon fulfilment of reward criteria
Receive 5,000 KrisFlyer miles upon first transaction on card (for first time American Express Singapore Airlines Credit Card applicants)
Earn 2,400 KrisFlyer miles based on the S$1,000 spent (based on 1.2 KrisFlyer miles earned per S$1 spent locally)
*Redemption based on Singapore Airlines Economy Saver Awards and this information is correct as of December 2024.
Enjoy 10% cashback on all online and mobile contactless spend (Apple Pay, Samsung Pay, Google Pay)
Enjoy 10% cashback on overseas in-store FX spend with physical card.
All other spends earn 0.3% cashback.
Gain access to over 1,000 deals at eco-friendly, dining, and online shopping merchants.
Receive a first-year annual fee waiver. Annual fee for subsequent years waived with min. 3 transactions every month.
Get greater savings with up to 6.0% p.a. interest with UOB One Account+.
Overseas in-store FX spend must be done with physical card to be eligible for 10% cashback.
Minimum spend of S$800 each statement month to enjoy accelerated cashback earn rate.
S$80 total cashback cap per statement month (S$30 cap for online and mobile contactless spend; S$20 cap for overseas in-store FX spend; and S$30 cap for all other spend category).
Flash Deal
Gift Options
S$250 eCapitaVoucher; or
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349)
SingSaver Flash Deal promotion runs until 28 February 2025.
Promotion is valid for new-to-UOB credit cardmembers only.
Be the first 100 applicants of selected UOB credit cards and make a min. spend of S$1,000 within 30 days of card approval to be eligible for rewards.
Flash Deal reward will be received on top of SingSaver Exclusive Offer reward.
Remaining applicants will receive the SingSaver Exclusive Offer reward only.
American Express Singapore Airlines Business Credit Card
Installment Rate
0 %
info
At participating Pay Small Merchants.
Installment Tenure
Up to 24 months
Minimum Spend For Installment
S$ 250
info
May differ with each participating merchant.
Minimum Annual Income
Conditional
Offer Available
Welcome Offer
S$300 Statement Credits
Valid until
28 May 2025
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Things to consider for this product:
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Bonus air miles
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Airport lounge
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Air ticket rebate
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Rebate cap applied
Earn up to 8.5 HighFlyer Points per S$1 spent on eligible Singapore Airline Group flights, worth 8.5 KrisFlyer miles
Earn 1.8 HighFlyer points per S$1 spent on all other eligible spend (worth 1.8 KrisFlyer miles).
Convert HighFlyer points to KrisFlyer miles with a 1:1 rate, up to 100,000 miles per KrisFlyer account annually with no limit on the number of KrisFlyer accounts linked.
Spend S$15,000 or more with Singapore Airlines Group in the first 12 months for a one-time accelerated KrisFlyer Elite Gold membership tier upgrade.
Complimentary night’s stay and up to 50% off dining with Accor Plus across Asia Pacific.
Priority Pass membership with 2 complimentary visits per year.
Please refer to the American Express website for the most up to date information on card benefits and its terms & conditions.
Welcome Offer
Gift Options
S$300 Statement Credits
Welcome Offer promotion runs from 17 February 2025 to 28 May 2025.
Promotion is valid for new and existing American Express card members.
Apply for the American Express Singapore Airlines Business Credit Card, pay the annual fee (S$304.59 incl. GST) in the first statement to be eligible for reward, and make a min. spend of S$3,000 within the first 2 months of card approval to be eligible for reward.
4 miles per dollar on contactless, overseas, and petrol transactions.
Travel insurance coverage of up to S$500,000.
S$1,000 monthly minimum spend.
Rewards bonus cap at S$2,000 per statement month.
Terms and Conditions :
Installment Processing Fee: From 3 %
Eligibility :
Minimum Age: 21 years old
Minimum Annual Income: S$ 50000
UOB Lady's Card
Installment Rate
0 %
Installment Tenure
Up to 24 months
Minimum Spend For Installment
S$ 500
Min. Annual Income
S$ 30,000
2 Offers Available
Flash Deal
S$250 eCapitaVoucher
+ 1 other gift options
Valid until
28 February 2025
SingSaver Exclusive Offer
S$60 Cash via PayNow
+ 1 other gift options
Valid until
28 February 2025
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Things to consider for this product:
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Local & Overseas spending rewards
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Installment
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No monthly spend required
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Monthly rewards cap applies.
Pick from 7 rewards categories to earn up to 25X UNI$ for every S$5 spend (10 miles per S$1)
Spend on UOB Lady's Credit Card to earn 10X UNI$ (4 miles per S$1) and enjoy additional up to 15X UNI$ (6 miles per S$1) when you pair your UOB Lady's Credit Card with UOB Lady's Savings Account
LuxePay: Enjoy 0% 6 or 12-month instalment plan when you purchase your favorite luxury apparels.
Complimentary e-Commerce protection on your online purchases.
Enjoy UOB$ rebate on your daily essentials, entertainment and shopping.
You can only choose 1 rewards category out of 7 to earn up to 25X UNI$ (10 miles per S$1). Feel free to change your category every quarter.
You must save with UOB Lady’s Savings Account to unlock up to additional 15X UNI$ (6 miles per S$1) earn rate on your preferred rewards category.
Terms and conditions apply for all above-mentioned privileges. Visit here for more details. Insured up to S$100,000 by SDIC.
Flash Deal
Gift Options
S$250 eCapitaVoucher; or
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349)
SingSaver Flash Deal promotion runs until 28 February 2025.
Promotion is valid for new-to-UOB credit cardmembers only.
Be the first 100 applicants of selected UOB credit cards and make a min. spend of S$1,000 within 30 days of card approval to be eligible for rewards.
Flash Deal reward will be received on top of SingSaver Exclusive Offer reward.
Remaining applicants will receive the SingSaver Exclusive Offer reward only.
Complimentary Supplementary Cards for your loved ones.
Complimentary travel insurance coverage of up to S$500,000.
TREATS Points awarded calculated based on blocks of S$5.
Min. spend of S$300 each calendar month to qualify for bonus TREATS Points, capped at 30,000 bonus TREATS.
Terms and Conditions :
Installment Processing Fee: From 0 %
Eligibility :
Minimum Age: 21 years old
Minimum Annual Income: S$ 30000
UOB PRVI Miles World MasterCard
Installment Rate
0 %
Installment Tenure
Up to 24 months
Minimum Spend For Installment
S$ 500
Minimum Annual Income
S$ 30,000
4 Offers Available
Flash Deal
S$250 eCapitaVoucher
+ 1 other gift options
Valid until
28 February 2025
SingSaver Exclusive Offer
S$60 Cash via PayNow
+ 1 other gift options
Valid until
28 February 2025
Welcome Offer
58,000 miles upon SMS registration and fulfilling spend requirement
Valid until
28 February 2025
Welcome Offer
38,000 miles with 1st year annual fee waived
Valid until
28 February 2025
chevron_left
chevron_right
Things to consider for this product:
check
Bonus air miles
check
Unlimited air miles
check
Travel insurance
check
No monthly spend required
Earn 3 miles per S$1 spend (UNI$7.5 per S$5 spend) on regional spend in Indonesia, Malaysia, Thailand, Vietnam, including online shopping on overseas website.
Earn 2.4 miles per S$1 spend (UNI$6 per S$5 spend) on other overseas spend, including online shopping on overseas websites.
Earn 1.4 miles per S$1 spend (UNI$3.5 per S$5 spend) on local spend.
4 complimentary lounge visits per calendar year for principal cardmembers.
Earn up to 8 miles per S$1 spend (UNI$20 per S$5 spend) on agoda and Expedia bookings via UOB PRVI Miles website.
Earn up to 6 bonus KrisFlyer miles for every S$1 spend if you also apply for a new KrisFlyer UOB Account.
Complimentary personal accident coverage and emergency medical assistance of up to S$500,000.
Choice to redeem for miles, cashback, or vouchers.
No minimum spend and no cap on earned miles
Annual fee of S$261.60
Terms and conditions apply for all above-mentioned privileges. Visit here for more details. Insured up to S$100,000 by SDIC.
Flash Deal
Gift Options
S$250 eCapitaVoucher; or
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349)
SingSaver Flash Deal promotion runs until 28 February 2025.
Promotion is valid for new-to-UOB credit cardmembers only.
Be the first 100 applicants of selected UOB credit cards and make a min. spend of S$1,000 within 30 days of card approval to be eligible for rewards.
Flash Deal reward will be received on top of SingSaver Exclusive Offer reward.
Remaining applicants will receive the SingSaver Exclusive Offer reward only.
58,000 miles upon SMS registration and fulfilling spend requirement
Welcome Offer promotion is valid until 28 February 2025.
Promotion is valid for new-to-UOB credit card members only.
Apply for participating UOB credit cards with SMS registration, pay the annual fee (S$261.60 incl. GST) and spend at least S$2,000 per month for 2 consecutive months from card approval date to be eligible for reward
Receive 20,000 miles from first year annual fee payment and SMS registration
Receive 26,000 miles from S$2,000 min. spend per month for 2 consecutive months from card approval date
Receive 12,000 miles with min. regional spend of S$2,000 per month for 2 consecutive months
SMS PMAF <space> last 4 alphanumeric characters of NRIC/passport registered with UOB to 77862
SMS registration must be completed by 31 March 2025.
Welcome Offer promotion is valid until 28 February 2025.
Promotion is valid for the first 50 eligible new-to-UOB credit cardmembers per month during the promotional period
Apply for participating UOB credit cards with 1st year annual fee waived and spend at least S$2,000 per month for 2 consecutive months from card approval date to be eligible for reward
Receive 26,000 miles from S$2,000 min. spend per month for 2 consecutive months from card approval date
Receive 12,000 miles with min. overseas spend of S$2,000 per month for 2 consecutive months
A credit card with a 0% processing fee means no additional fees are charged on transactions made using the card. Typically, credit card companies charge a small percentage of the transaction amount as a processing fee to cover the cost of processing the payment. However, with a 0% processing fee credit card, this charge is waived, offering cardholders the benefit of saving money on their purchases.
How to best use a 0% Processing Fee Credit Card?
To make the most of a 0 Processing Fee Credit Card, follow these tips for optimal usage:
Take advantage of balance transfers If the card offers a 0% processing fee on balance transfers, consider moving existing high-interest credit card debt to this card. This can save you money on interest charges and help you pay off the debt faster.
Use for large purchases Utilise the card for significant purchases that you plan to pay off over time. With no processing fee, you can spread the cost without incurring extra charges.
Avoid cash advances Even with no processing fee on purchases, cash advances often come with fees and high-interest rates. Refrain from using the card for cash advances.
A 0% Processing Fee Credit Card is a good fit for several types of individuals such as these:
Balance transfer users People with existing high-interest credit card debt can benefit from a 0% processing fee on balance transfers. Transferring balances to this card can save on processing fees and reduce interest charges.
Those planning large purchases Individuals who have significant purchases planned and want to spread the cost over time without incurring additional fees can use this card for interest-free financing.
People managing cash flows Business owners or individuals who want to improve cash flow for their ventures or personal finances can utilise a 0% Processing Fee Credit Card strategically.
For upcoming big-ticket purchases The main goal of credit cards offering 0% instalment plans with 0% processing fee is to allow cardholders to pay off their transactions in monthly repayments according to their preferred tenure. This is especially useful for big-ticket purchases like expensive home appliances, electronics, wedding expenses, home renovation costs, and more.
Cardholders will not have to worry about incurring additional fees or charges on these monthly repayments thanks to the 0% interest rate and 0% processing fee imposed.
Things to look out for when choosing a 0% Processing Fee Credit Card
Balance transfer terms If the card offers a 0% processing fee on balance transfers, understand any balance transfer fees that may apply and the maximum amount you can transfer.
Balance transfer timeframe If you plan to use the card for balance transfers, make sure to complete the transfers within the specified timeframe to qualify for the 0% processing fee.
Instalment tenure The 0% interest on instalments and 0% processing fee are only valid if you dutifully pay off your monthly repayments on time and within the selected timeframes. If you end the instalment plan prematurely or fail to fully pay it off by the end of the tenure, you’ll be charged penalty fees and start incurring heftier interest on top of your owed overdue amount.
A credit card processing fee is charged by credit card companies and payment processors to cover the costs involved in handling credit card transactions, such as interchange fees, network fees, payment processor costs, security measures, and customer support. It helps ensure a smooth and secure payment system for merchants and customers.
How much does it cost to process a credit card transaction?
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The cost to process a credit card transaction varies depending on factors like interchange fees, assessment fees, payment processor charges, card type, transaction volume, and business type. Generally, it can range from around 1.5% to 3.5% or more of the transaction amount. For regular credit cards, these charges typically refer to foreign transaction fees and payment processor fees from card networks Visa, Mastercard, and American Express.
That said, this processing fee imposed on credit cards with 0% instalment plans specifically applies to instalment plans.