The Best Shopping Credit Cards in Singapore This 2018

|Posted by | Credit Cards, Shopping

swiping a credit card

Earn air miles, vouchers, and other gifts when you shop with the best shopping credit cards in Singapore. Find out which credit card is for you!

Updated 26 Apr 2018.

If you’re going to spend several hundred dollars buying new clothes, electronics, or furniture, why not earn extra rewards while you’re at it?

In Singapore, it certainly pays to use the right credit card for shopping. With generous rewards for every dollar you spend, credit cards can make your money work hard and shower you with gifts – assuming you pay your bill in full and on time, of course!

We came up with a list of the best shopping credit cards from our partners and the market. Whether it’s more flexibility paying for big purchases or earning air miles from your shopping, we hope you’ll find the perfect card for you below:

Best Shopping Credit Cards in Singapore

Card Name Shopping Reward Required Monthly Minimum Spend Maximum Cashback / Points Earned Per Month Welcome Offers
UOB Delight Credit Card Up to 8% rebate at Cold Storage, Market Place, Jasons, Giant, Guardian

3% cashback on contact-less transactions and selected recurring bills (min spend of S$400 per month required)

S$800 (for 8% rebate)

S$400 (for 3% rebate)

50SMART$ Apply online and enjoy S$80 cash credit

SingSaver exclusive: Be the first 80 approved applications and receive S$50 Dairy Farm Gift Vouchers

Standard Chartered Spree Credit Card 3% cashback on all online foreign currency spends, and vPost spends

2% cashback on all online local currency spends, as well as contact-less and mobile payments

1% cashback on all other retail spend

Nil S$60 Nil
Citi Rewards Visa Signature Card Promotion: 20 Citi Dollars or 8 miles per S$1 spent at selected merchants

10 Citi Dollars or 4 miles per S$1 spent on shoes, bags and clothes at online or retail stores, or department stores, locally and overseas

Up to 10% Citi Rebate at Starbucks, Sheng Siong and participating merchants

No minimum spend required Capped at 20,000 Citi Dollars per statement cycle. SingSaver exclusive: S$100 Zalora voucher when you apply through SingSaver until 30 April 2017
OCBC CashFlo MasterCard 3-month 0% instalment plan for purchases between S$100 and S$1,000

6-month 0% instalment plan for purchases worth S$1,000 or more

0.5% cash rebate with monthly bill below S$1,000

1% cash rebate with monthly bill of S$1,000+

Purchase must be worth at least S$100 to trigger the auto-instalment plan No limits to cash rebate Nil

Best for Grocery and Pharmacy Shopping: UOB Delight Credit Card

If you like shopping at Jasons (hello, exotic groceries!) you should definitely consider the UOB Delight Credit Card.

 

Apply for UOB Delight Card on SingSaver

Offering generous cashback of up to 8% when you shop at Cold Storage, Market Place, Jasons and Giant, you’ll quickly rack up rewards points that you can use to offset your next purchase. This card also let’s you earn cashback when you shop at Guardian, making the family-size bottles of multi-vitamins that much more affordable.

The UOB Delight Credit Card is also consumer friendly, requiring only a monthly spend of S$800 to get 8% cashback. If you don’t that spend much, a minimum spend of S$400 will still get you 3% cashback. (Regardless, as long as you spend at least S$400 in a month, you will earn 3% cashback on all contact-less transactions.)

Unlike other cashback cards, the rebates you earn take the form of SMART$, which is UOB’s own rewards points platform. One SMART$ is equivalent to S$1, and you can earn up to 50SMART$ each month.

Want this card? Apply online now and receive S$80 cash credit. Plus, sign up via SIngSaver and be the first 80 applicants to be approved to receive a bonus S$50 Dairy Farm voucher!

Eligibility and Fees

Before you apply for this card, take note of the eligibility requirements and fees.

Annual Income for Singaporeans / PR Annual Income for Foreigners Annual Fee Fee Waiver Effective Interest Rate
S$30,000 S$40,000 $85.60 w/GST First  year free 25.9%

What We Like

  • High cashback at low minimum spend. At 8% cashback with only S$800 minimum monthly spend, you’ll likely find the rewards on this card easy to earn.
  • Pharmacy cashback. This is one of the few rare cards that offer such high cashback at pharmacies.
  • Cash credit welcome gift. You’ll receive S$80 cash credit along with your new card, which helps you get a headstart on all that delicious Japanese ice cream.  

What We Don’t Like

  • Cashback in the form of SMART$. We prefer to have our cashback take the form of actual cash. Luckily, SMART$ can be used to offset your spends at across over 400 stores at Cold Storage, Market Place, Jasons, Giant, Guardian, Cathay Cineplexes, Metro, Shell and more

Best for Online Shopping: Standard Chartered Spree Credit Card

This card was built with online shoppers in mind, with 3% cashback on all online foreign currency spends, and vPost spends. Additionally, you’ll earn 2% cashback on all online local spends, as well as contact-less and mobile payments, and 1% cashback on all other spends.

One highlight of this card: There’s no minimum spend required, so you’ll earn on every transaction you make. Your rebates are capped at S$60 per month though. 

SCB SingPostOCBC 365 Credit Card

The Standard Chartered Spree Credit Card comes equipped with great safety features to keep online shoppers protected. If within 30 days after making an online purchase, you find the same item on a different website at a much lower price, you can claim a 50% refund of the price difference through the card’s Online Price Guarantee feature. With the card’s CardSafe Guarantee, you never have to worry about strangers getting hold of your card number and charging thousands of dollars worth of transactions on it.

This card also gives you 20% cashback on all Grab rides, from now till 30 April 2018.

Another high-point: Apply as a new customer and get up to S$120 cashback when you make 5 qualifying mobile wallet transactions!

Eligibility and Fees

Before you apply for this card, take note of the eligibility requirements and fees.

Annual Income for Singaporeans / PR Annual Income for Foreigners Annual Fee Fee Waiver Effective Interest Rate
S$30,000 S$60,000 $192.60 w/GST First 2 years 25.9%

What We Like

    • Good savings for online shopping. You’ll get 3% cashback on both your online purchase and your vPost shipping fees.
    • Consumer protection. The Online Price Guarantee feature and CardSafe Guarantee ensures you get the best deal and safest shopping experience.
    • No minimum spend required. Unlike other cards, you won’t have to commit to a minimum spend amount to be rewarded

What We Don’t Like

  • Limited cashback earned. Although we wish we could have more cashback, S$60 is still a lot of savings each month!

Best Card for Travel Rewards: Citi Rewards Visa Signature Card

Many credit cards let you trade rewards points for air miles, but the Citi Rewards Visa Signature Card is the most efficient one at doing so.

citibankrewardscard-300OCBC 365 Credit Card

You earn 10 Citi Dollars or 4 miles for every S$1 you spend on shoes, bags, and clothes at online or offline retail stores and department stores. No other card, not even the most premium air miles credit card, gives you this many miles per dollar!

Occasionally, the Citi Rewards Card gives 20 Citi Dollars or 8 miles at certain stores. At the moment, you can enjoy this accelerated earn rate at Duty Free (DFS), Takashimaya and Tangs, until 3 May 2018. Do note that the rewards are capped at 20,000 Citi Dollars per calendar month (around S$100 worth of purchases).

Outside of buying shoes, clothes, and bags, this credit card gives you 1 Citi Dollar per S$1 spent. And because it’s a Citi credit card, you can also use it to get access to Citibank’s buffet promotions.

Eligibility and Fees

Before you apply for this card, take note of the eligibility requirements and fees.

Annual Income for Singaporeans / PR Annual Income for Foreigners Annual Fee Fee Waiver Effective Interest Rate
S$30,000 S$42,000 S$192.60 Waived for the first year 26% p.a.


What We Like

  • Earn air miles when you shop. Generous rewards await when you spend on the right items at the right stores. At 4 miles per S$1, this is one of the highest miles-per-dollar rate in the market.

What We Don’t Like

  • S$25 fee to transfer points to miles. Unfortunately, miles are credited as points or Citi Dollars, and you’ll be charged a S$25 Points Transfer fee every time you convert them to miles. We suggest saving up several thousand miles and converting them in one go to save on the Points Transfer fee.
  • Only 1 point per S$1 on non-fashion items. If you don’t spend much on shoes, bags, or clothes, this card may not be right for you.

Best for Large Purchases: OCBC CashFlo MasterCard

Credit card instalment plans make big purchases more affordable, but they come with a couple of drawbacks too. However, there is one credit card that brings the best of both worlds.

ocbccashflowOCBC 365 Credit Card

The OCBC CashFlo MasterCard is the only credit card in Singapore that automatically splits payments into 0% instalment plans, and rewards you for them. With a minimum spend of S$100, all purchases below S$1,000 get split into an interest-free 3-month instalment plan. When you spend on an item worth S$1,000 or more, payments get split over 6 months.

Unlike other credit cards, which don’t give rewards for purchases on instalment, the OCBC Cashflo MasterCard awards you with rebates. Earn a 1% rebate with a monthly bill higher than S$1,000, or 0.5% rebate with a monthly bill lower than S$1,000.

Eligibility and Fees

Before you apply for this card, take note of the eligibility requirements and fees.

Annual Income for Singaporeans / PR Annual Income for Foreigners Annual Fee Fee Waiver

Effective Interest Rate

S$30,000 S$45,000 S$160.50 First 2 years 25.92% p.a.

What We Like

  • Hassle-free instalment plans. No need to check with the bank or apply for an instalment plan when you make a purchase.
  • Cash rebates. While a 1% rebate doesn’t seem so impressive, S$10 cashback is still S$10 saved!

What We Don’t Like

  • Limited use. There are no other rewards beyond the auto-instalment plans and access to OCBC buffet promotions.

Prefer a card we didn’t mention? You can use SingSaver.com.sg’s free comparison tools to compare shopping credit cards in Singapore.

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Lauren Dado

By Lauren Dado
Lauren has been a content strategist and digital marketer since 2007. As SingSaver.com.sg’s Content Manager, Lauren edits and publishes personal finance stories to help Singaporeans save money. Her work has appeared in publications like Her World, Asia One, and Women’s Weekly.