9 Best Cashback Credit Cards for Supermarkets in Singapore

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The Ultimate Guide to Getting Cashback from Supermarkets in Singapore

Did you know you can save up to S$600 on groceries a year with the right cashback credit card? Find out which credit card maximises savings at your favourite supermarket.

Credit card promotions, terms, and conditions are valid as of 1 April 2016.

The savvy shopper knows that a cashback credit card can help them save a few hundred dollars on their grocery shopping in a year. And who doesn’t want to do that, right?

There are a couple of great cashback credit cards in Singapore that can help you save on groceries in general. But you can save even more by using cards partnered with your favourite supermarket—namely the one of walking distance from your home.

While some of the deals sound amazing, you’ll have to keep an eye out for terms and conditions. We break it down for you, by supermarkets in Singapore and savings you can make in cashback:

1. FairPrice Supermarkets

5% Cashback with OCBC Plus! Credit Card

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Whether you live near a NTUC FairPrice or not, you might want to consider getting the OCBC Plus! Credit Card, which gives you 5% cashback on groceries from FairPrice and FairPrice Online. 

Terms & Conditions for Cashback:

– Valid only for Visa payments above S$20 at FairPrice
– Not valid on purchases of gift vouchers, Big Sweep, 4D, TOTO tickets, and cigarettes
– 5% rebate is computed based on 7.5 LinkPoints per S$1 charged will be provided at point of purchase with the balance LinkPoints provided the following month of transaction amounting to 5% rebate
– Cardholders must accumulate S$500 worth of Visa transactions outside of FairPrice, FairPrice Online and Unity with the same month
– Not valid for non-personal or commercial use
– Read full terms and conditions here

Monthly Spending
How Much You Save in a Year with OCBC Plus! Credit Card*
S$200 S$10.00 x 12 months = S$120
S$300 S$15.00 x 12 months = S$180
S$500 S$25.00 x 12 months = S$300
S$1,000 S$50.00 x 12 months = S$600

*Only if you have fulfilled all the conditions for cashback

10% Cashback with OCBC NTUC Plus! Credit Cardplus-card-2 (1)find-out-more_button-300x59

Or if you’re an NTUC member, you can apply for the OCBC NTUC Plus! Credit Card which gives you 10% in cashback instead of 5%.

Terms & Conditions for Cashback:

– Valid only for Visa payments above S$20 at FairPrice
– Not valid on purchases of gift vouchers, Big Sweep, 4D, TOTO tickets, and cigarettes
– 10% rebate is computed based on:
1. A total of 7.5 LinkPoints per S$1 charged, amounting to 5% rebate
2. 4% FairPrice Annual Cash Rebate
3. 1% rebate for Cardmembers who opt in for salary crediting into their NTUC-OCBC Starter Savings Account
– Cardholders must accumulate S$400 worth of Visa transactions outside of FairPrice, FairPrice Online and Unity with the same month
– Not valid for non-personal or commercial use
– Read full terms and conditions here

Monthly Spending
How Much You Save in a Year with OCBC NTUC Plus! Credit Card*
S$200 S$20.00 x 12 months = S$240
S$300 S$30.00 x 12 months = S$360
S$500 S$50.00 x 12 months = S$600
S$1,000 S$100.00 x 12 months = S$1,200

*Only if you have fulfilled all the conditions for cashback

These cards also give you 5% cashback at Unity, 3% cashback at Popular, and up to 18.3% cashback on petrol at Esso. You can sign up to be a NTUC member by paying S$117 annually.

5% Cashback with Citibank SMRT Card

2. Citi SMRT Card - SingSaverfind-out-more_button-300x59

Interestingly enough, the Citibank SMRT Card gives you cashback from FairPrice, Sheng Shiong and Giant supermarkets. But its cashback terms and conditions are not as straightforward as the other supermarket credit cards.

One thing to note is the cashback difference you will receive from supermarkets. For instance, you’ll get less cashback at FairPrice than at Sheng Siong or Giant.

For instance, you’ll have to charge a minimum of S$600 on your Citibank SMRT Card monthly before you can qualify for the 5% cashback when shopping at Fairprice. If you spend less than S$50 in a transaction at Fairprice, your cashback reduces to 3%.

Terms & Conditions for Cashback:

– Valid at FairPrice, FairPrice Xtra and FairPrice Finest
– Shopping at FairPrice Xtra Kallang Wave gives you 7.3% cashback
– 5% cashback is earned in SMRT$ and is capped at 280 SMRT$ earned during 12 month period commencing from when you sign up or renew credit card
– Valid only for monthly statement spend of S$600 or more; if less than S$600, cashback in SMRT$ is 0.3% less
– 5% SMRT$ is awarded for transactions of $50 and above; 3% SMRT$ is awarded for transactions less than $50

Monthly Spending
How Much You Save in a Year with Citibank SMRT Card*
S$200 S$10.00 x 12 months = S$120
S$300 S$15.00 x 12 months = S$180
S$500 S$25.00 x 12 months = S$280 (12 month cap at 280 SMRT$)
S$1,000 S$50.00 x 12 months = S$280 (12 month cap at 280 SMRT$)

*Only if you have fulfilled all the conditions for cashback

This card also gives you discounts at Starbucks, The Coffee Bean & Tea Leaf, Watsons, Guardian, Unity and many other merchants.

See Also: 5 Clever Ways to Spend Less on Groceries in Singapore

2. Sheng Shiong Supermarkets

5% Cashback with POSB Everyday Card

POSB Everyday Card - SingSaverfind-out-more_button-300x59

We’ve proven that groceries at Sheng Shiong tend to be cheaper than any other supermarkets in Singapore. With the POSB Everyday Card, you can save even more, with 5% cashback at Sheng Shiong outlets (which are really popping up all over the country).

Terms & Conditions for Cashback:

– Cash rebates are awarded on a maximum spend of S$1,000 a month at Sheng Shiong
– Read full terms and conditions here

Monthly Spending
How Much You Save in a Year with POSB Everyday Card*
S$200 S$10.00 x 12 months = S$120
S$300 S$15.00 x 12 months = S$180
S$500 S$25.00 x 12 months = S$300
S$1,000 S$50.00 x 12 months = S$600

*Only if you have fulfilled all the conditions for cashback

You will also be entitled to 3% cashback at Watsons and AirAsia, 2% cashback with EZ-Reload, and up to 20.1% on petrol at SPC.

7% Cashback with Citibank SMRT Card

2. Citi SMRT Card - SingSaverfind-out-more_button-300x59

Where you could only get 5% cashback at Fairprice, you’ll get 7% cashback at Sheng Shiong. And again, you’ll find that there are a number of conditions to fulfil before you can get the full 7%.

Terms & Conditions for Cashback:

– Earn 5% in SMRT$ and 2% in Citi Rebates
– 7% cashback is earned in SMRT$ and is capped at 280 SMRT$ earned during 12 month period commencing from when you sign up or renew credit card
– Valid only for monthly statement spend of S$600 or more; if less than S$600, cashback in SMRT$ is 0.3% less
– 5% SMRT$ is awarded for transactions of $50 and above; 3% SMRT$ is awarded for transactions less than $50
– 2% Citi Rebates awarded for transactions of S$50 and above; 1% Citi Rebates awarded to transactions from S$20 to less than S$50

Monthly Spending
How Much You Save in a Year with Citibank SMRT Card*
S$200 S$14.00 x 12 months = S$168
S$300 S$21.00 x 12 months = S$252
S$500 S$35.00 x 12 months = S$280 (12 month cap at 280 SMRT$)
S$1,000 S$70.00 x 12 months = S$280 (12 month cap at 280 SMRT$)

*Only if you have fulfilled all the conditions for cashback

3. Giant Supermarkets

8% Cashback with UOB Delight Credit Card

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Did you know that Giant, Cold Storage and Market Place are all part of the same company? And it is with the UOB Delight Credit Card that you get 8% cashback at these supermarkets.

Terms & Conditions for Cashback:

– Cashback is rewarded in SMART$
– Valid for monthly statement spend of S$800 or more; if monthly statement is S$400 to S$799, cashback is 3%; if monthly statement is less than S$400, cashback is 0.3%
– Get 10% off Giant house brand products; not valid for online transactions or items on promotion
– Cashback cap (including cashback received with Visa PayWave, FlashPay ATU, bills, and other spend) at SMART$50 a month

Monthly Spending
How Much You Save in a Year with UOB Delight Credit Card*
S$200 S$16.00 x 12 months = S$208
S$300 S$24.00 x 12 months = S$288
S$500 S$40.00 x 12 months = S$480
S$1,000 S$50.00 x 12 months = S$600 (monthly cap at SMART$50)

*Only if you have fulfilled all the conditions for cashback

This card also gives you a 3% cashback on contactless payments such as with Visa payWave and NETS FlashPay.

7% Cashback with Citibank SMRT Card

2. Citi SMRT Card - SingSaverfind-out-more_button-300x59

You can always use the Citibank SMRT Card to get 7% cashback at Giant. Spend a minimum of S$600 on your card and make a transaction of S$50 and above at Giant to get the full 7% cashback.

Terms & Conditions for Cashback:

– Earn 5% in SMRT$ and 2% in Citi Rebates
– 7% cashback is earned in SMRT$ and is capped at 280 SMRT$ earned during 12 month period commencing from when you sign up or renew credit card
– Valid only for monthly statement spend of S$600 or more; if less than S$600, cashback in SMRT$ is 0.3% less
– 5% SMRT$ is awarded for transactions of $50 and above; 3% SMRT$ is awarded for transactions less than $50
– 2% Citi Rebates awarded for transactions of S$50 and above; 1% Citi Rebates awarded to transactions from S$20 to less than S$50

Monthly Spending
How Much You Save in a Year with Citibank SMRT Card*
S$200 S$14.00 x 12 months = S$168
S$300 S$21.00 x 12 months = S$252
S$500 S$35.00 x 12 months = S$280 (12 month cap at 280 SMRT$)
S$1,000 S$70.00 x 12 months = S$280 (12 month cap at 280 SMRT$)

*Only if you have fulfilled all the conditions for cashback

See Also: How to Save on Utilities in Singapore Without Sacrificing Comfort

4. Cold Storage Supermarkets

8% Cashback with UOB Delight Credit Card

UOBDelightCreditCardfind-out-more_button-300x59

Get 8% cashback on groceries from Cold Storage, as you would from Giant, with the UOB Delight Credit Card. 10% cashback applies on Cold Storage house brand products.

Terms & Conditions for Cashback:

– Cashback is rewarded in SMART$
– Valid for monthly statement spend of S$800 or more; if monthly statement is S$400 to S$799, cashback is 3%; if monthly statement is less than S$400, cashback is 0.3%
– Get 10% off Cold Storage house brand products; not valid for online transactions or items on promotion
– Cashback cap (including cashback received with Visa PayWave, FlashPay ATU, bills, and other spend) at SMART$50 a month

Monthly Spending
How Much You Save in a Year with UOB Delight Credit Card*
S$200 S$16.00 x 12 months = S$208
S$300 S$24.00 x 12 months = S$288
S$500 S$40.00 x 12 months = S$480
S$1,000 S$50.00 x 12 months = S$600 (monthly cap at SMART$50)

*Only if you have fulfilled all the conditions for cashback

5% Cashback with Maybank Family & Friends Platinum MasterCard

MaybankFamily&FriendsPlatinumMasterCard.pngfind-out-more_button-300x59

If you’re big on shopping in Malaysia as much as in Singapore, this credit card is perfect for you. Get 5% cashback with the Maybank Family & Friends Platinum MasterCard when you buy your groceries from Cold Storage.

Terms & Conditions for Cashback:

– Valid for monthly statement spend of S$500 or more; if not, cashback is 0.3%
– Total advertised cashback is capped at S$600 in a calendar year; after hitting S$600, cashback will be earned at 0.3%
– Not valid at Cold Storage Specialty and applicable only to Cold Storage branches that accept credit card payments only

Monthly Spending
How Much You Save in a Year with Maybank Family & Friends Platinum MasterCard*
S$200 S$10.00 x 12 months = S$120
S$300 S$15.00 x 12 months = S$180
S$500 S$25.00 x 12 months = S$300
S$1,000 S$50.00 x 12 months = S$600

*Only if you have fulfilled all the conditions for cashback

You will also get 5% cashback when you shop at participating supermarkets in Malaysia, such as Giant, AEON BIG and Tesco.

5. Other Notable Credit Cards for Groceries

8% Cashback with Citi Cash Back Card

Citi Cash Back Visa Cardfind-out-more_button-300x59

Get 8% cashback when you shop at any supermarket in Singapore with the Citi Cash Back Card. Sounds dreamy? This card is targeted more at shoppers, as you’ll realise in its complicated terms and conditions for grocery cashback.

Terms & Conditions for Cashback:

– 8% cashback is made up of 0.25% base cashback from retail, and 7.75% cashback on all petrol, groceries and dining worldwide if total retail spend in the month’s statement is S$888 or more
– The 7.75% cashback is capped at DIVS$25 spend per month per category

Monthly Spending
How Much You Save in a Year with Citi Cash Back Card*
S$200 S$16.00 x 12 months = S$192
S$300 S$24.00 x 12 months = S$288
S$500 S$1.25 (0.25% cashback) + S$25 (7.75% cashback) x 12 months = S$315
S$1,000 S$2.50 (0.25% cashback) + S$25 (7.75% cashback) x 12 months = S$330

*Only if you have fulfilled all the conditions for cashback

5% Cashback with UOB One Card

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Advertised as the most generous cashback credit card, the UOB One Card comes with many terms and conditions as well. To qualify for 5% cashback, you’ll need to spend at least S$2,000 on your credit card monthly. But it’s a lot more complicated than that.

Terms & Conditions for Cashback:

– Cash rebates are calculated quarterly, and is given out in tiers
– Tier one has a minimum amount of S$500 spend in a month for 3 consecutive months in that quarter; tier one cashback is at S$50 per quarter (3.33% cashback)
– Tier two has a minimum amount of S$1,000 spend in a month for 3 consecutive months in that quarter; tier two cashback is at S$100 per quarter (3.33% cashback)
– Tier three has a minimum amount of S$2,000 spend in a month for 3 consecutive months in that quarter; tier three cashback is at S$300 per quarter (5% cashback)
– Earn additional 0.5% SMART$ rebates at Giant, Cold Storage, Jasons, Market Place

Monthly Spending
How Much You Save in a Year with UOB One Card*
S$200 S$0 (does not hit tier requirements)
S$300 S$0 (does not hit tier requirements)
S$500 S$50 (tier 1)  x 4 quarters = S$200
S$1,000 S$100 (tier 2) x 4 quarters = S$400

*Only if you have fulfilled all the conditions for cashback

1.5% Cashback with American Express True Cashback Card

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The cashback returns might not sound as appealing as the other cashback credit cards on the list, but the great thing about it is how straightforward it is. You’ll get 1.5% cashback on any spend, including groceries, with absolutely no cashback cap or minimum spend. With uncomplicated terms like this, the True Cashback Card keeps making it to our list of top cashback credit cards in Singapore.

Terms & Conditions for Cashback:

– Get 3% cashback awarded for first 6 months, up to S$5,000 spend; thereafter, 1.5% cashback applies

Weekly Spending
How Much You Save in a Year with American Express True Cashback Card*
S$200 (S$6 x 6 months) + (S$3 x 6 months) = S$54
S$300 (S$9.00 x 6 months) + (S$4.50 x 6 months) = S$81
S$500 (S$15 x 6 months) + (S$7.50 x 6 months) = S$135
S$1,000 (S$30 x 5 months) + (S$15 x 7 months) = S$255

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Jehanne

By Jehanne Teo
Starting out as a lifestyle writer, Jehanne currently writes for SingSaver.com.sg about saving money in everyday situations.