Best Dining Credit Cards in Singapore for 2017

|Posted by | Credit Cards, Dining

best-dining-credit-cards-in-singapore-2017

Whether you’re a gourmand or a casual diner, the best dining credit cards in Singapore gives you great value-for-money at restaurants.

There are many ways credit cards reward you when you use them to pay for your restaurant meal or bar drinks. Whether in the form of cashback, points or upfront discounts, dining credit cards in Singapore help make your indulgences more affordable and rewarding.

As we all have different dining preferences, finding the one best suited to you is a matter of understanding how each card works. To that end, here are our recommendations for the best dining credit cards in Singapore for 2017.

Best Dining Credit Cards in Singapore

Dining Privileges

Minimum Spend Required

Other Benefits

Welcome Offers

American Express Platinum Credit Card
  • Up to 50% off total food bill at selected hotels and restaurants with the Love Dining @ Restaurants and Love Dining @ Hotels programme
  • Complimentary Far Card membership
  • Complimentary or 1-for-1 drinks at top lounges and bars
  • Global dining savings with American Express Selects
None
  • Earn 6.25 points per S$1 spent at partner restaurants
  • Earn 1.25 points per S$1 spent in Singapore and overseas
Be among the first 200 to sign up for this card by 16 Apr 2017 to receive:

  • 54,000 membership points,(equivalent to 1 pair of return tickets to Bali via Singapore Air)
  • 1 pair of B&O Play H5 headphones (spend S$5,000 within first 6 months)
  • 1 Samsonite Sigma 76cm Expandable Spinner luggage (spend a further S$2,500 within first 6 months)

-or-

  • Receive first year fee waiver plus 1 Samsonite Armet Spinner 57cm luggage
OCBC 365 Credit Card
  • 6% cashback on local weekend dining
  • 3% cashback on weekdays, and overseas dining
  • Cashback capped at S$80 per month
S$600 per month
  • 3% cashback on online shopping, at supermarkets and on recurring telco bills
  • Up to 23.9% cashback on petrol
  • For CDA trustees: 3% cashback on medical spend transacted over the counter (dental, clinics, hospitals and cord blood banking)
N/A
Citi Cash Back Visa Card
  • 8% cashback on dining worldwide
  • Dining cashback capped at S$25 per month
S$888 per month
  • 8% cashback on local groceries (max S$25 cashback/mth) and supermarkets (max S$25 cashback/mth)
  • 20% cashback on all Grab rides. (Until 6 Jul 2017).
  • 8% cashback on all Grab rides. (From 7 Jul 2017 onwards).
  • Up to 20.88% fuel savings
  • Apply for this card before 31 May 2017 and receive S$120 cashback and 7 x S$10 Grab vouchers
  • SingSaver.com.sg exclusive: Additional S$100 Grab voucher for every successful applicant (until 30 Apr 2017)
CIMB Visa Signature Card
  • 10% cashback on dining
  • Cashback capped at S$60 per month
At least S$500 per month, 8 transactions of at least S$30 each 10% cashback on online spend in foreign currency N/A

Best for Gourmands: American Express Platinum Credit Card

When it comes to saving money on restaurant dining, you’ll be hard-pressed to find a better card than the American Express Platinum Credit Card. Thanks to the Love Dining programme, you’ll get discounts at some of Singapore’s best restaurants and hotels.

American Express Platinum CardAmex KF KrisFlyer Ascend Card

With this card, you’ll get 50% discount when dining in a party of 2; 35% discount for a party of 3; 25% discount for party of 4; and 20% discount for a party of 5 to 20. If you happen to be dining alone, you’ll get 15% off your meal.

But don’t think this credit card is good only for meals. Flashing it at bars and lounges will also get you 1-for-1 offers or even complimentary drinks at some of Singapore’s most renowned watering holes.

And if you’re planning a trip, be sure to check your destination for restaurants at which your card will net you perks and savings.

Oh, one more thing: this card will also award you with points on your spending, which you can use to trade in for air miles and other goodies. All told, this is the most rewarding dining card yet.  

Qualifying Criteria and Card Fees

Before applying for this card, check the eligibility requirements and card fees below.

Singaporeans/PR Foreigners Annual Fee Fee Waiver

Effective Interest Rate

21 to 65 years old
S$50,000 minimum annual income
21 to 65 years old
S$60,000 minimum annual income
S$321 1 year 24.99% per annum, rising to 29.99% per annum if account falls into default

What We Like

  • Generous discounts and perks at top-notch F&B venues
  • Ability to earn membership points on top of discounts
  • Attractive welcome offers

What We Don’t Like

  • High annual fee
  • High annual income requirement

Get This Card If You…

  • Enjoy fine food and wine. Go ahead and order that fancy steak dinner at the Raffles Hotel. With the savings from this card, you’ll hardly feel the pinch.

Best for Family Dining: OCBC 365 Credit Card

If you regularly bring your family out for restaurant meals, the OCBC 365 Credit Card can help give you some great savings. You’ll get 6% cashback on weekend dining, and 3% on weekdays (as well as overseas) when you charge your meals to this credit card.

OCBC 365 CreditCard-no bgAmex KF KrisFlyer Ascend Card

And with a relatively high monthly cashback cap of S$80, you can save up to S$960 a year. This card also gives you cashback on a variety of other common household expenses, which means more ways for you to save money.

Qualifying Criteria and Card Fees

Before applying for this card, check the eligibility requirements and card fees below.

Singaporeans/PR Foreigners Annual Fee Fee Waiver Effective Interest Rate
At least 21 years old

S$30,000 minimum annual income

At least 21 years old

S$45,000 minimum annual income

S$192.60 (GST included) 2 years 25.92% per annum

What We Like

  • 6% cashback for weekend dining and 3% cashback on weekdays
  • 3% cashback on overseas dining
  • Offers cashback on other common household expenses
  • 2 years fee waiver

What We Don’t Like

  • Minimum spending of S$600 per month to earn cashback
  • Cashback capped at S$80 per month

Get This Card If You…

  • Dine on weekends. Going out for a family weekend meal can be a little less expensive if you have this card in your wallet.

Best for Casual Dining: Citi Cash Back Visa Card

Dining out is all well and good, but what if you only do so every once in awhile? Well then, you might want to have the Citi Cash Back Visa Card in your pocket.

Citi Cash Back CardAmex KF KrisFlyer Ascend Card

You’ll get 8% cashback on all dining spends, both in Singapore and overseas. Don’t be alarmed by the low monthly cashback cap – at 8%, you can spend just slightly over S$300 before you hit the cap.

Besides, this credit also gives you cashback on fuel, groceries and Grab rides, making it a great card to have if you like to drop by that nice corner bistro on your way back from the supermarket.

SingSaver.com.sg exclusive offer: We’re giving away a S$100 Grab voucher to all successful applicants of the Citi Cash Back Visa Card. This limited offer expires on 30 Apr 2017!

Qualifying Criteria and Card Fees

Before applying for this card, check the eligibility requirements and card fees below.

Singaporeans/PR

Foreigners Annual Fee Fee Waiver

Effective Interest Rate

At least 21 years old

S$30,000 minimum annual income

At least 21 years old

S$42,000 minimum annual income

S$192.60 (GST included) 1 year 26% per annum, rising to 29% per annum if account falls into default

What We Like

  • 8% cashback for dining, locally and overseas
  • 8% cashback on supermarkets
  • 20% cashback on Grab rides (until 6 Jul 2017, 8% cashback thereafter)
  • 1 year fee waiver

What We Don’t Like

  • Minimum spending of S$888 per month to earn cashback
  • Cashback capped at S$25 per month for dining, groceries and petrol, and S$50 per month for Grab rides

Get This Card If You…

  • Dine out occasionally at casual restaurants. With this card, you don’t have to feel guilty about treating yourself to a good meal every now and then.
  • Want rebates for transport. Whether you’re driving or Grabbing, you’re bound to save money on transport with the Citi Cash Back Card.

Best for Dinner and Drinks: CIMB Visa Signature Card

The CIMB Visa Signature card offers you an easy way to save whenever you go out for a meal or a drink. You’ll get a straight-up 10% cashback at not only restaurants but also bar, lounges, cafes and fast-food outlets islandwide.

The cashback cap of S$60 per month also means that you’ll get quite good mileage out of this card – you can spend S$600 before you hit the cap. Although, you’ll need to jump through some hoops to enjoy the cashback – you’ll have to charge S$500 in a month, over 8 transactions of at least S$30 each.

Do note that foreign currency transactions conducted over the Internet also qualify for the 10% cashback, so you can do some online shopping with this card to help maximise your rewards.

Qualifying Criteria and Card Fees

Before applying for this card, check the eligibility requirements and card fees below.

Singaporeans/PR Foreigners Annual Fee Fee Waiver Effective Interest Rate
At least 21 years old

S$30,000 minimum annual income

At least 21 years old

S$30,000 minimum annual income

Nil N/A 25.5% per annum, 28% per annum on outstanding amounts

What We Like

  • 10% cashback for local dining
  • 10% cashback for online foreign currency transaction
  • No annual fee

What We Don’t Like

  • Minimum spending of S$500 per month to earn cashback
  • Minimum 8 transactions of at least S$30 each

Get This Card If You…

  • Like earning cashback every time you wine and dine. Provided you fulfil the rather convoluted minimum spend requirements, this card can prove to be quite handy.

Read This Next:

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Clash of the Cashback Cards: Standard Chartered vs American Express


Alevin ChanBy Alevin Chan
A Certified Financial Planner with a curiosity about what makes people tick, Alevin’s mission is to help readers understand the psychology of money. He’s also on an ongoing quest to optimize happiness and enjoyment in his life.