Best Rewards Credit Cards With No Minimum Spend in Singapore 2024
In Singapore, the top Rewards Credit Cards with No Minimum Spend offer effortless rewards accumulation without spending thresholds. These cards are versatile, catering to varying spending patterns and providing consistent benefits. With diverse redemption options and value from everyday expenses, they suit frequent spenders and those seeking efficient rewards.
Maybank Manchester United Platinum Visa Credit Card
Rewards Points Baseline
Up to 25 TREATS Points per S$5 spent
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When Manchester United wins a Premier League Match, otherwise earn 5 TREATS Points per S$5 spent.
Cashback Base Rate
Up to 3 %
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Unlimited cashback with no minimum spend when Manchester United Wins a Premier Leage Match, otherwise earn 1% unlimited cashback. Bonus cashback capped at S$20 per match day win.
Annual Fee
S$ 87.2
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First 2 Years Waived, thereafter can be waived if min spend of $3.6K is met per annum
Offer Available
Welcome Offer
Samsonite ENOW Spinner 69/25 EXP (worth S$570)
Valid until
31 October 2024
Welcome Offer
S$200 cashback
Valid until
31 October 2024
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Things to consider for this product:
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Local spending rebate
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No monthly spend required
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No rebate cap
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Travel insurance
Earn 1% unlimited cashback and 1X TREATS Points (0.4 miles per dollar) on all transactions.
Earn up to 3% cashback and 5X TREATS Points when Manchester United Wins a Premier League match.
No minimum spend and no cashback cap.
Stand a chance to win a trip for 2 to watch Manchester United live every football season.
Complimentary travel insurance coverage of up to S$300,000.
TREATS Points awarded calculated based on blocks of S$5.
TREATS Points expire after one year.
Welcome Offer
Gift Options
Samsonite ENOW Spinner 69/25 EXP (worth S$570); or
S$200 cashback
Promotion is valid until 31 October 2024
Promotion is valid for new Maybank credit cardmembers and CreditAble account only
Apply and get approved for a new Maybank credit card and accumulate at least S$650 of credit card spend and/or CreditAble account withdrawals every month for 2 consecutive months from card approval date to be eligible for rewards
Promotion is valid until such date determined by Maybank at its absolute discretion
First 2 Years Waived, thereafter can be waived if min spend of $10K is hit per annum
Offer Available
Welcome Offer
Samsonite ENOW Spinner 69/25 EXP (worth S$570)
Valid until
31 October 2024
Welcome Offer
S$200 cashback
Valid until
31 October 2024
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Things to consider for this product:
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Annual Fee waiver
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No monthly spend required
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No rebate cap
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Overseas rebate
Get 1.6% unlimited cashback on all your local spend.
No minimum spend and no cashback cap.
Earn 10 TREATS Points for every S$5 spent on foreign currency transactions.
Stand a chance to win a trip for 2 to watch FC Barcelona live every football season.
Complimentary travel insurance coverage of up to S$300,000.
Overseas spend only earns you 0.8 miles per S$10.
Welcome Offer
Gift Options
Samsonite ENOW Spinner 69/25 EXP (worth S$570); or
S$200 cashback
Promotion is valid until 31 October 2024
Promotion is valid for new Maybank credit cardmembers and CreditAble account only
Apply and get approved for a new Maybank credit card and accumulate at least S$650 of credit card spend and/or CreditAble account withdrawals every month for 2 consecutive months from card approval date to be eligible for rewards
Promotion is valid until such date determined by Maybank at its absolute discretion
(Indirect cashback) S$1 = 1 TREATS Point 18,500 TREATS Point = S$50 cash credit, equivalent to 0.27% cashback.
Annual Fee
S$ 261.6
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First Year Waived
Offer Available
Welcome Offer
Samsonite ENOW Spinner 69/25 EXP (worth S$570)
Valid until
31 October 2024
Welcome Offer
S$200 cashback
Valid until
31 October 2024
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Things to consider for this product:
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Dining rebate
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Retail rebate
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Petrol rebate
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Airport lounge
Earn 10X TREATS Points (4 miles) per S$1 spent at specially selected retail stores, restaurants, and all petrol stations islandwide+.
Get up to 20.05% savings on petrol.
Complimentary green fees at world-class golf fairways.
Complimentary enrolment into Rewards Infinite Programme: TREATS Points never expire.
Free air miles conversion
Complimentary Plaza Premium airport lounge access with a minimum charge of S$1,000 in a single retail transaction.
Complimentary travel insurance coverage of up to S$1,000,000 when air tickets/travel packages are charged in full to the card.
TREATS Points awarded calculated based on blocks of S$5.
Annual income requirement: S$80,000.
Annual fee: S$240 (waived for first year only)
Welcome Offer
Gift Options
Samsonite ENOW Spinner 69/25 EXP (worth S$570); or
S$200 cashback
Promotion is valid until 31 October 2024
Promotion is valid for new Maybank credit cardmembers and CreditAble account only
Apply and get approved for a new Maybank credit card and accumulate at least S$650 of credit card spend and/or CreditAble account withdrawals every month for 2 consecutive months from card approval date to be eligible for rewards
Promotion is valid until such date determined by Maybank at its absolute discretion
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.
Complimentary Weekend Parking at Great World City.
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.
SingSaver x AMEX CC Lucky Draw
Gift Options
10x chances to win a Holiday Package to Greece (worth up to S$9,000)
SingSaver x AMEX CC Lucky Draw promotion runs from 15 October 2024, 9:00 AM SGT to 15 November 2024.
Promotion is valid for new American Express credit cardmembers only.
Apply for The Platinum Card® by AMEX through SingSaver and pay the annual fee (S$1,744 incl. GST) to be eligible for 10x Lucky Draw Chances
1x winner will receive a Fayyaz Travels 11 Days 10 Nights Holiday Package to Greece for 2 Pax (worth up to S$9,000)
2x winners will receive a 3 Days 2 Nights Stay at Sentosa Sofitel, Prestige Family Suite (worth up to S$2,900)
3x winners will receive S$500 Klook Vouchers
Promotion is stackable with Welcome Offer from American Express (additional T&Cs apply): Receive S$800 Statement Credits + Samsonite Choca 68/25 + 10,000 Membership Rewards® Points
Welcome Offer promotion runs from 1 October 2024 to 31 October 2024.
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 6 months of card approval to be eligible for reward
Receive S$800 Statement Credits and a Samsonite Choca Spinner 68/25 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.
Up to S$300 Statement Credits + 1,250 Membership Rewards® points
Welcome Offer promotion runs from 1 October 2024 to 31 October 2024.
Promotion is valid for new and existing American Express card members.
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$300 Statement Credits from fulfilment of reward criteria
Existing 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)
S$1 local spend = 1.6 point on qualifying spend. 3200 points redeemed = S$10 cash credit. Equivalent to 0.5% cashback.
Annual Fee
No Annual Fee
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Waived Perpetually
3 Offers Available
Fastest 4 Weeks Cash Fulfilment
S$210 Cash via PayNow
Valid until
31 October 2024
Richest Offer in the Market
Apple AirPods 4th Gen with Active Noise Cancelling (worth S$249)
Valid until
31 October 2024
Richest Offer in the Market
S$280 Lazada Vouchers
Valid until
31 October 2024
Richest Offer in the Market
Flujo BEA Office Chair (worth S$509)
Valid until
31 October 2024
Upgrade Your Rewards with a Simple Top-Up
Save S$689 on a Flujo Ayla Ergonomic Office Chair (worth S$1,139) by upgrading your reward with a top up
+ 1 other gift options
Valid until
31 October 2024
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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.
Fastest 4 Weeks Cash Fulfilment
Gift Options
S$210 Cash via PayNow
Promotion is valid until 31 October 2024.
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.
Fastest Cash Fulfilment: Receive your SingSaver Exclusive cash reward in as little as 4 weeks!
Promotion is not stackable with other welcome offers from Standard Chartered.
Apple AirPods 4th Gen with Active Noise Cancelling (worth S$249); or
S$280 Lazada Vouchers; or
Flujo BEA Office Chair (worth S$509)
Promotion is valid until 31 October 2024.
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.
10X DBS points (20 miles) for every S$5 spent on online purchases.
3X DBS points (6 miles) for every S$5 spent on overseas purchases.
1X DBS points (2 miles) for every S$5 spent on other purchases.
Complimentary e-commerce protection for online purchases.
Enjoy special promotions and discounts for certain fashion, beauty and wellness stores.
Both women and men can apply.
DBS points are only awarded for every S$5 spent.
10X DBS points are only applicable for the first S$1,500 online spend per calendar month.
Minimum income requirement for Singaporeans/PRs: S$80,000.
Minimum income requirement for foreigners: S$80,000.
Terms and Conditions :
Installment Processing Fee: From 2 %
Eligibility :
Minimum Age: 21 years old
Minimum Annual Income: S$ 80000
Fastest Cash Fulfillment
Standard Chartered Rewards+ Credit Card
Rewards Points Baseline
1 point per dollar
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Base rate
Cashback Base Rate
0.25 %
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Based on conversion rate of 40,350 points = $100.
Annual Fee
S$ 196.2
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First Year Waived
3 Offers Available
Fastest 4 Weeks Cash Fulfilment
S$210 Cash via PayNow
Valid until
31 October 2024
Richest Offer in the Market
Apple AirPods 4th Gen with Active Noise Cancelling (worth S$249)
Valid until
31 October 2024
Richest Offer in the Market
S$280 Lazada Vouchers
Valid until
31 October 2024
Richest Offer in the Market
Flujo BEA Office Chair (worth S$509)
Valid until
31 October 2024
Upgrade Your Rewards with a Simple Top-Up
Save S$689 on a Flujo Ayla Ergonomic Office Chair (worth S$1,139) by upgrading your reward with a top up
+ 1 other gift options
Valid until
31 October 2024
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Things to consider for this product:
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Overseas rebate
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No monthly spend required
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Travel insurance
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Rebate cap applied
Up to 10X reward points for every S$1 spent in foreign currency on overseas retail, dining and travel transactions.
Up to 5X reward points for every S$1 spent on dining transactions.
1 reward point for every S$1 spent on all eligible spend.
No min. spend required, 1 year annual fee waiver.
Complimentary travel insurance coverage of up to S$500,000 when you charge your full travel fare to the card.
Read our full review of the Standard Chartered Rewards+ Credit Card.
Additional reward points are capped at 20,000 points per year.
Purchases from local hotel restaurants and supermarkets are not considered as qualifying dining transactions.
Fastest 4 Weeks Cash Fulfilment
Gift Options
S$210 Cash via PayNow
Promotion is valid until 31 October 2024.
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.
Fastest Cash Fulfilment: Receive your SingSaver Exclusive cash reward in as little as 4 weeks!
Promotion is not stackable with other welcome offers from Standard Chartered.
Apple AirPods 4th Gen with Active Noise Cancelling (worth S$249); or
S$280 Lazada Vouchers; or
Flujo BEA Office Chair (worth S$509)
Promotion is valid until 31 October 2024.
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.
(Indirect Cashback) S$5 local spend = UNI$1 point on all other spend. 2000 points redeemed = S$20 Cash Credit. Equivalent to 0.2% cashback.
Annual Fee
S$ 414.2
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First Year Waived
Things to consider for this product:
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Local spending rebate
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Installment
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No monthly spend required
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Rebate cap applied
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
HSBC Revolution Credit Card
Rewards Points Baseline
1 point per dollar
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Base rate
Cashback Base Rate
0.25 %
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S$1 local spend = 1X rewards points. 4,000 points redeemed = S$10 cashback. Equivalent to 0.25% cashback. No min. spend required.
Annual Fee
No Annual Fee
Things to consider for this product:
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Mobile contactless rebate
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Online shopping rebate
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Travel rebate
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No Annual Fee
Borrow up to 90% of your available credit limit, enjoy interest rates as low as 2.6% p.a., and get flexible payment terms up to 60 months when you apply with promo code CIPSS. T&Cs apply.
10X reward points (equivalent to 4 air miles or 2.5% cashback) on online purchases and contactless payments (subject to underlying whitelist Merchant Category Codes).
1X reward point for all other spending.
No minimum spend required.
No annual fee.
Receive complimentary access to ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide.
Eligible categories: Online & contactless payment (e.g. Visa PayWave, Google Pay, Apple Pay) for travel; shopping; groceries; dining; food delivery; ride-hailing apps.
Up to 16% and 14% off petrol at Caltex and Shell respectively.
Up to S$300,000 complimentary travel insurance for cardholder and family when travel tickets are charged to card.
Compatible with Apple Pay, Google Pay, and Visa PayWave.
Can convert between cashback, miles, or reward points flexibly.
Great for homemakers, working adults, miles chaser, enjoy flexibility between rebate types (cashback/miles/points), prefer fuss-free spending without min. spend.
15 OCBC$ per S$1 earn rate is capped at 10,000 bonus OCBC$ cap per month.
OCBC$ awarded in blocks of S$5 charged per transaction.
Terms and Conditions :
Installment Processing Fee: From 3 %
Eligibility :
Minimum Age: 21 years old
Minimum Annual Income: S$ 30000
HSBC Visa Platinum Credit Card
Rewards Points Baseline
1 point per dollar
Cashback Base Rate
5 %
Annual Fee
S$ 196.2
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First Two Years Waived
Things to consider for this product:
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Dining rebate
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Supermarket rebate
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Petrol rebate
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Rebate cap applied
Borrow up to 90% of your available credit limit, enjoy interest rates as low as 2.6% p.a., and get flexible payment terms up to 60 months when you apply with promo code CIPSS. T&Cs apply.
5% cash rebate on local dining and groceries (including food deliveries and online groceries).
Up to 17% instant discount plus 5% cash rebate on fuel spending at Caltex and Shell stations.
1X reward point per dollar spent.
Receive complimentary access to ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide.
Min. spending of S$600 per month, for all 3 months in a quarter, required to earn 5% cash rebate.
Cashback capped at S$250 per quarter.
Cash rebates are credited quarterly instead of monthly.
Terms and Conditions :
Installment Processing Fee: From 3 %
Eligibility :
Minimum Age: 21 years old
Min. Annual Income: S$ 30000
UOB Lady's Card
Rewards Points Baseline
UNI$ 1
Cashback Base Rate
0.2 %
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S$5 local spend = UNI$15 on all enrolled category/ies. 2000 points redeemed = S$20 cash credit, equivalent to 2.8% cashback.
Annual Fee
S$ 196.2
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First Year Waived
Offer Available
SingSaver Exclusive Offer
S$80 eCapitaVoucher
Valid until
31 October 2024
SingSaver Exclusive Offer
S$80 Lazada Vouchers
Valid until
31 October 2024
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Things to consider for this product:
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Local spending rebate
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Installment
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No monthly spend required
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Rebate cap applied
Pick from 7 rewards categories to earn up to 25X UNI$ 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 for the 25X UNI$ (10 miles per S$1) earn rate. It can’t be changed until next quarter.
You must apply for and use UOB Lady's Savings Account to unlock additional 15X UNI$ (6 miles per S$1) earn rate on selected rewards category.
SingSaver Exclusive Offer
Gift Options
S$80 eCapitaVoucher; or
S$80 Lazada Vouchers
SingSaver Exclusive promotion is valid until 31 October 2024.
Promotion is valid for new-to-UOB credit cardmembers only.
Apply for participating UOB credit cards and make a min. spend of S$500 in the first 30 days from card approval date to be eligible for reward.
Promotion is stackable with welcome offer from UOB (additional T&Cs apply): Receive up to 58,000 miles
Enjoy up to 51 days of interest-free credit on purchases.
Auto PayBIlls Programme that let's you earn TREATS Points for any charges.
Flexible Credit Limits based on the company's profitability, unaffected by personal card limits.
Complimentary business logo printing
2-year Annual Fee Waiver
Low interest rate of 20% p.a.
Global Concierge Services
TREATS Points for every dollar spent.
Complimentary Travel Insurance
Worldwide withdrawal services
Strict requirements for business owners.
Terms and Conditions :
Installment Processing Fee: No processing Fee
Eligibility :
Minimum Age: 21 years old
Min. Annual Income: Conditional
HSBC Live+ Credit Card
Cashback Base Rate
0.3 %
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On all qualifying spend.
Annual Fee
S$ 196.2
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First Year Waived
Offer Available
SingSaver Exclusive Offer
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349)
Valid until
31 October 2024
SingSaver Exclusive Offer
S$260 Lazada Vouchers
Valid until
31 October 2024
SingSaver Exclusive Offer
Flujo SmarTrax Standing Desk (worth S$739)
Valid until
31 October 2024
SingSaver Exclusive Offer
S$199 Cash via PayNow
Valid until
31 October 2024
SingSaver Exclusive Offer
Xiaomi Robot Vacuum S20+ (worth S$449)
Valid until
31 October 2024
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Things to consider for this product:
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Dining rebate
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Entertainment rebate
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Petrol rebate
remove
Rebate cap applied
Borrow up to 90% of your available credit limit, enjoy interest rates as low as 2.6% p.a., and get flexible payment terms up to 60 months when you apply with promo code CIPSS. T&Cs apply.
8% cashback* on dining, entertainment, and shopping spend (both local and overseas).
5% cashback* on fuel spending at Caltex and Shell stations in Singapore.
0.3% cashback* on all other qualifying spend.
First year annual fee waived.
Min. spending of S$600 per calendar month, for all 3 months in a calendar quarter, required to earn 8% cash rebate.
Cashback* capped at S$250 per calendar quarter.
Cash rebates* are credited quarterly instead of monthly.
*Min. spend and other terms & conditions apply. Valid till 31 Dec 2024.
SingSaver Exclusive Offer
Gift Options
Apple AirPods Pro 2nd Gen with MagSafe charging case (worth S$349) ; or
S$260 Lazada Vouchers; or
Flujo SmarTrax Standing Desk (worth S$739); or
S$199 Cash via PayNow; or
Xiaomi Robot Vacuum S20+ (worth S$449)
SingSaver Exclusive promotion is valid until 31 October 2024.
Promotion is valid for new HSBC credit cardmembers only.
Apply for the HSBC Live+ Credit Card, provide your marketing consent to HSBC and make a min. spend of S$500 by the end of the following month from card approval date to be eligible for reward.
Promotion does not stack with other welcome offers from HSBC.
How does a Rewards Credit Card With No Minimum Spend work?
A Rewards Credit Card with No Minimum Spend allows you to earn rewards points for each purchase, up to a certain spend or bonus point threshold. Thereafter, these points can be redeemed for various other forms of rebates like miles or cashback. If not, they can also be redeemed directly for gifts (e.g. shopping vouchers) or experiences (e.g. travel deals).
Moreover, because they don’t have a minimum spend, you start accumulating bonus rewards points from your first eligible transaction onwards.
How to best use a Rewards Credit Card With No Minimum Spend
To make the most of a rewards credit card with no minimum spend requirement, follow these strategies:
Maximise bonus categories This should come as a no-brainer, but you should take advantage of bonus category(ies) spend on your rewards credit card. These bonus categories differ from card to card.
The typical rewards credit card allows you to earn bonus rewards points on selected categories predetermined by the bank. For example, the DBS Woman’s World Card earns you 10X DBS Points per S$5 on online local spend, 8X DBS Points per S$5 spend on online overseas spend, and 3X DBS Points on overseas spend. Essentially, any eligible spend falling within these categories will boost your points earned accordingly.
Another type of rewards credit card that allows you to choose your preferred categories are the UOB Lady’s / Lady’s Solitaire Cards. They offer 15X UNI$ per S$5 spend on one or two enrolled categories respectively: - Beauty & Wellness - Family - Dining - Fashion - Transport - Travel - Entertainment You’ll be able to earn points at an accelerated rate depending on your enrolled category for the quarter. Meanwhile, all other spend will only garner you a measly 1X UNI$ per S$5 spend. Use it for everyday purchases All rewards credit cards offer a base point earn rate for “all other purchases”, and this typically refers to all other retail spend that’s not a bonus category. For instance, the HSBC Revolution Card offers 10X Rewards Points on online and mobile contactless spend, but also offers 1X Reward Point on all other spend regardless.
Thus, you should utilise your card for your routine expenses like groceries, dining, bills, and shopping to accumulate rewards with each transaction.
Check options for redemptions Explore the redemption options available, including travel experiences, cashback, or rewards and gift cards. Choose options that align with your preferences and maximise the value of your points earned. Also, do take note of the card’s minimum point redemption blocks if applicable.
Who should use a Rewards Credit Card With No Minimum Spend?
A Rewards Credit Card with No Minimum Spend is an excellent choice for a variety of individuals, depending on their spending habits, financial goals, and preferences. This type of card is particularly well-suited for these types of users:
Diverse & infrequent spenders If your spending patterns fluctuate and you don't consistently meet minimum spend thresholds, a no-minimum spend card ensures you still earn rewards on all transactions.
For everyday spend Individuals who use their credit cards for everyday expenses like groceries, bills, and dining can benefit from earning rewards on routine purchases. Just make sure that the rewards credit card actually offers bonus rewards points on your everyday spend categories, otherwise, you won’t be accumulating points effectively.
Make small transactions count If you frequently make smaller transactions, a no-minimum spend card allows you to earn rewards on these without needing to reach a certain spending amount.
Budget-conscious spenders Those who prefer to stick to a strict budget will appreciate the ability to earn rewards without feeling pressured to overspend.
Things to look out for when choosing a Rewards Credit Card With No Minimum Spend
When selecting a rewards credit card with no minimum spend requirement, consider these factors to ensure you're making a well-informed choice:
Rewards structure Understand the rewards program and how points are earned. Thereafter, learn what’s the minimum redemption block to convert them into miles or your preferred gifts or experiences. Also, find out which spending categories offer higher reward point rates specific to your rewards credit card.
The Citi Rewards Card earns 10X ThankYou Points on most online spend and retail shopping, meanwhile, the Maybank Horizon Visa Signature Card earns 8X TREATS Points on local dining, transport, petrol, and eligible Agoda hotel bookings only. So evidently, the bonus category(ies) eligible for boosted reward point rates vary from card to card.
Redemption options Review the available redemption options, such as travel experiences, cash rebate, gift cards and vouchers, or more to ensure they align with your preferences.
Point conversion rates If the card offers points, check how easily they can be converted into tangible rewards. Make sure the conversion ratios offer good value. For example, 3,200 360° Rewards Points is worth S$10 cash rebate with the Standard Chartered Smart Credit Card.
Rewards expiry Find out if your credit card’s rewards points have an expiry. For example, the points earned on the HSBC Revolution Card expire after 37 months if not redeemed for rewards or converted into miles. Choose a card with rewards that you can use within a reasonable timeframe.
Frequently asked questions for Rewards Credit Cards With No Minimum Spend
Do all rewards credit cards come with no minimum spend?
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No, not all rewards credit cards in Singapore have no minimum spend requirements. Some cards may require reaching a specific spending threshold to earn rewards, while others offer rewards on every eligible transaction regardless of spending. For the latter, this typically refers to the base rewards points earned on all other regular spend that’s outside of the bonus categories.
In any case, always review your credit card terms thoroughly to understand how rewards are earned and if minimum spend is required.
What happens if you don’t hit the minimum spend on a rewards credit card?
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Not hitting the minimum spend on a rewards credit card in Singapore could mean missing bonus rewards or sign-up offers tied to that requirement. However, you'll still earn standard rewards or cashback based on the card's regular earning rate for eligible transactions outside of bonus categories. While no penalties apply, you might not qualify for certain promotions requiring specific spending criteria.
Consider cards with flexible rewards structures if meeting minimum spending becomes difficult.