Best Credit Card Sign-Up Bonuses for Miles in Singapore 2024

updated: Oct 17, 2024

Credit card sign-up bonuses are a fantastic way to kickstart your rewards journey! From cashback to air miles, these perks can significantly boost your savings or travel plans. Not just that, you can elevate your lifestyle using credit card points too! Check out the latest credit card sign-up bonuses!

This Christmas, grab up to S$1,600 when you stack up on credit card applications! It’s an easy way to boost your holiday funds, but hurry—this offer ends 20th December. Don’t miss out on this merry deal before it’s gone!

Best Credit Card Sign-Up Bonuses

credit_card Airmiles Local Airmiles Overseas Airport Lounge Access Annual Fee

1.2 miles per dollar

2.2 miles per dollar

2 visits per year*

S$ 196.20

on_provider_website

4 miles per dollar

0.4 miles per dollar

n_a

S$ 196.20

on_provider_website

Up to 1.3 miles per dollar

Up to 5 miles per dollar

2 visits per year*

S$ 196.20

on_provider_website

1.2 miles per dollar

2.4 miles per dollar

4 visits per year*

S$ 196.20

on_provider_website

1.2 miles per dollar

2 miles per dollar

2 visits per year*

S$ 196.20

on_provider_website

1.5 miles per dollar

2.2 miles per dollar

10 visits per year*

S$ 599.50

on_provider_website

Up to 1.3 miles per dollar

Up to 5 miles per dollar

2 visits per year*

S$ 196.20

on_provider_website

1.2 miles per dollar

1.2 miles per dollar

n_a

S$ 397.85

on_provider_website

3 miles per dollar

3 miles per dollar

n_a

S$ 196.20

on_provider_website

Our Top Picks for High Value Gifts: Citi PremierMiles Card

Best overseas cashback in Singapore

Citi PremierMiles Card

Citi PremierMiles Card
 

/ 5

on_provider_website

Airmiles Local
1.2 miles per dollar
Airmiles Overseas
2.2 miles per dollar
Airport Lounge Access
2 visits per year*
Annual Fee
S$ 196.20
REWARDS
  • Up to S$1,600 Cash
  • Get 10x chances to win S$50,000 Cash!
  • S$370 Cash via PayNow
  • eligible_rewards (11)

  • card_details

Our Top Picks for E-commerce Purchases: Citi Rewards Card

Fastest Rewards Fulfilment

Citi Rewards Card

Citi Rewards Card
 

/ 5

on_provider_website

Airmiles Local
4 miles per dollar
Airmiles Overseas
0.4 miles per dollar
Airport Lounge Access
N/A
Annual Fee
S$ 196.20
REWARDS
  • Up to S$1,600 Cash
  • Get 10x chances to win S$50,000 Cash!
  • S$370 Cash via PayNow
  • eligible_rewards (11)

  • card_details

Our Top Picks for Complimentary Travel Perks: DBS Altitude Visa Signature Card

DBS Altitude Visa Signature Card

DBS Altitude Visa Signature Card
 

/ 5

on_provider_website

Airmiles Local
Up to 1.3 miles per dollar
Airmiles Overseas
Up to 5 miles per dollar
Airport Lounge Access
2 visits per year*
Annual Fee
S$ 196.20
REWARDS
  • Up to 30,000 miles
  • eligible_rewards (1)

  • card_details

Our Top Picks for Bonus Miles: HSBC TravelOne Credit Card

HSBC TravelOne Credit Card

HSBC TravelOne Credit Card
 

/ 5

on_provider_website

Airmiles Local
1.2 miles per dollar
Airmiles Overseas
2.4 miles per dollar
Airport Lounge Access
4 visits per year*
Annual Fee
S$ 196.20
REWARDS
  • Up to S$1,600 Cash
  • Dyson Supersonic™ hair dryer (worth S$649)
  • Dyson Micro 1.5kg (worth S$599)
  • eligible_rewards (6)

  • card_details

Our Picks for the Best Credit Card for Cashback on Overseas Spend: Standard Chartered Journey Credit Card

Highest combined miles rewards

Standard Chartered Journey Credit Card (Annual Fee Paying)

Standard Chartered Journey Credit Card (Annual Fee Paying)
 

/ 5

on_provider_website

Airmiles Local
1.2 miles per dollar
Airmiles Overseas
2 miles per dollar
Airport Lounge Access
2 visits per year*
Annual Fee
S$ 196.20
REWARDS
  • Porsche Taycan Electric
  • Up to S$1,600 Cash
  • Get 10x chances to win S$50,000 Cash!
  • eligible_rewards (9)

  • card_details

Our Picks for VIP Travel Experiences: DBS Vantage Visa Infinite Card

DBS Vantage Visa Infinite Card

DBS Vantage Visa Infinite Card
 

/ 5

on_provider_website

Airmiles Local
1.5 miles per dollar
Airmiles Overseas
2.2 miles per dollar
Airport Lounge Access
10 visits per year*
Annual Fee
S$ 599.50
REWARDS
  • Up to 60,000 miles
  • Up to 40,000 miles
  • eligible_rewards (2)

  • card_details

Our Picks Frequent Flyers: DBS Altitude American Express Card

DBS Altitude American Express Card

DBS Altitude American Express Card
 

/ 5

on_provider_website

Airmiles Local
Up to 1.3 miles per dollar
Airmiles Overseas
Up to 5 miles per dollar
Airport Lounge Access
2 visits per year*
Annual Fee
S$ 196.20
REWARDS
  • Up to 35,000 miles
  • eligible_rewards (1)

  • card_details

Our Picks for Singapore Airlines Flyers: American Express Singapore Airlines KrisFlyer Ascend Credit Card

American Express Singapore Airlines KrisFlyer Ascend Credit Card

American Express Singapore Airlines KrisFlyer Ascend Credit Card
 

/ 5

on_provider_website

Airmiles Local
1.2 miles per dollar
Airmiles Overseas
1.2 miles per dollar
Airport Lounge Access
N/A
Annual Fee
S$ 397.85
REWARDS
  • Up to 38,000 KrisFlyer miles (enough to redeem a return trip to Taipei* on Singapore Airlines)
  • eligible_rewards (1)

  • card_details

Our Picks for Lifestyle and Travel Benefits: KrisFlyer UOB Credit Card

KrisFlyer UOB Credit Card

KrisFlyer UOB Credit Card
 

/ 5

on_provider_website

Airmiles Local
3 miles per dollar
Airmiles Overseas
3 miles per dollar
Airport Lounge Access
N/A
Annual Fee
S$ 196.20
REWARDS
  • 31,000 miles plus first year annual fee waived (S$194.40 incl. GST)
  • Up to S$1,600 Cash
  • S$60 Bonus Cash via PayNow
  • eligible_rewards (3)

  • card_details

Understanding Credit Card Sign-Up Bonuses in Singapore

Credit card sign-up bonuses are enticing perks offered by banks to attract new customers. These promotions can significantly boost your rewards when you apply for a new card in Singapore.

What are credit card sign-up bonuses?

A credit card sign up promotion is a special offer you receive when you successfully apply for a new card. These bonuses are typically available for a limited time and require you to meet specific conditions, such as spending a certain amount within the first few months.

Types of sign-up bonuses available

Singapore banks offer various types of sign-up bonuses to cater to different preferences:

  • Cashback: Receive a percentage of your spending back as cash

  • Miles: Earn airline miles for future travel

  • Points: Collect rewards points for flexible redemption

  • Welcome gifts: Get physical items or vouchers upon approval

Importance of sign-up bonuses in choosing a credit card

Sign-up bonuses play a crucial role in your card selection process. A generous bonus can provide immediate value and accelerate your rewards accumulation. When comparing credit cards, consider how the bonus aligns with your spending habits and financial goals.

Bonus Type

Potential Value

Best For

Cashback

Up to S$300

Everyday spenders

Miles

Up to 40,000 miles

Frequent travellers

Points

Up to 50,000 points

Versatile redeemers

Welcome Gifts

S$100-S$500 value

Immediate gratification

Remember, while sign-up bonuses are attractive, consider the long-term benefits and credit card bonus redemption options when making your decision.  A smarter way to do this is to choose a card that complements your lifestyle and spending patterns beyond the initial promotion!

Best Credit Card Sign-Up Bonuses for 2024

Singapore's credit card market is brimming with enticing offers for new cardholders. Let's explore the best credit card sign-up promos available in 2024, from cashback rewards to miles and exclusive welcome gifts that'll make you feel as satisfied as sipping on a perfectly brewed kopi.

Highest Miles and Points Bonuses

For frequent flyers, miles-based cards provide excellent value. Look out for generous welcome offer of miles when you hit the minimum spend within a specified period! More often than not, these deals happen on a month-on-month basis, so be sure to jump on them when you’re planning to make a big purchase as you can earn welcome bonus on top of your regular points.

Most Valuable Welcome Gifts

Some cards go beyond points and miles and offer tangible welcome gifts!If you have been following for a while, credit card welcome gifts are always worth it! Just imagine spending on what you need, and getting a free Apple Watch, a Dyson hairdryer as your reward!

Card Name

Sign-Up Bonus

Minimum Spend

Citi Cashback+ Card

6% cashback on dining and groceries

No minimum

Citi PremierMiles Card

45,000 miles

S$9,000 in 3 months

OCBC 365 Credit Card

Apple Watch SE

S$5,000 in 2 months

Remember, these best credit card sign-up promos are subject to change, so it's wise to check the latest credit card offers before applying. Consider your spending habits and financial goals when choosing the right card for you.

Credit Card Sign Up Bonus Comparison

Looking for the best credit card sign up bonus comparison in Singapore? We've got you covered.

Card Name

Sign-Up Bonus

Minimum Spend

Annual Fee

DBS Altitude Visa Signature

10,000 miles

S$6,000 in 3 months

S$196.20 (waived first year)

Citi PremierMiles Card

30,000 miles

S$9,000 in 3 months

S$196.20

OCBC 90°N Card

12,000 miles

S$5,000 in 3 months

S$196.20 (waived first year)

UOB PRVI Miles Card

15,000 miles

S$6,000 in 3 months

S$256.80 (waived first year)

Did you know some cards offer a no spending requirement bonus? These rare gems provide instant rewards upon approval, perfect for those seeking immediate perks without the pressure to spend.

When comparing sign-up bonuses, consider factors beyond the bonus amount. Look at the minimum spend, annual fees, and how well the card's benefits align with your lifestyle. Remember, the best card for you might not have the highest bonus but offers the most value in the long run, much like how the best hawker stalls might not be the fanciest, but consistently deliver the most satisfying meals

Maximising Your Credit Card Sign-Up Bonus

Getting the most out of your credit card sign up promo requires smart planning.

Meeting minimum spend requirements

To unlock your credit card bonus, you'll often need to spend a set amount within a specific timeframe. Plan your big purchases around this period, or consider cards specifically designed for large expenses, like the best credit card for big purchases.

Timing your application for limited-time offers

Banks in Singapore frequently run special promotions with boosted sign-up bonuses. Keep an eye out for these deals, especially during holidays or bank anniversaries. Applying at the right time could land you a much sweeter credit card sign up promo.

Combining sign-up bonuses with ongoing rewards

Don't stop at the welcome offer. Look for cards that pair great sign-up bonuses with strong ongoing rewards. This way, your credit card bonus redemption is just the start of your benefits.

Frequently Asked Questions (FAQs)

  • What are credit card sign-up bonuses?

    Credit card sign-up bonuses are incentives offered by banks and financial institutions to encourage you to apply for and use their credit cards. These bonuses can come in the form of cashback, miles, points, or welcome gifts, and are typically awarded after meeting certain spend requirements within a specified period.

  • Why are sign-up bonuses important when choosing a credit card?

    Sign-up bonuses can provide significant value, especially if you plan to make large purchases or travel extensively in the near future. These bonuses can help offset the cost of annual fees or provide a head start on earning rewards that can be redeemed for cash, merchandise, or travel.

  • What are the different types of sign-up bonuses available in Singapore?

    Common sign-up bonuses in Singapore include cashback offers, air miles or rewards points, and welcome gifts such as shopping vouchers or lifestyle products. Some credit cards may offer a combination of these bonuses to attract new customers.

  • How can I maximise the value of a credit card sign-up bonus?

    To make the most of a sign-up bonus, ensure you meet the minimum spend requirement within the specified timeframe. Additionally, timing your application for limited-time offers and combining the sign-up bonus with ongoing rewards programmes can further increase the overall value.

  • Are there any sign-up bonuses that don't have a minimum spend requirement?

    While most sign-up bonuses require a minimum spend within a certain period, some credit cards may offer bonuses with no spending requirement, though these are typically less lucrative compared to bonuses with spend requirements.

  • How can I compare different credit card sign-up bonuses?

    Comparing sign-up bonuses involves considering factors such as the bonus amount, minimum spend requirement, annual fees, and any restrictions or expiration dates. Look for a comprehensive comparison table or chart that lists these details from various credit card providers to make an informed decision.

  • Which local banks in Singapore offer the best credit card sign-up bonuses?

    Local banks like DBS, UOB, OCBC, and Maybank often offer competitive sign-up bonuses. However, the best offer can vary depending on ongoing promotions and your personal spending habits. It's worth checking with each bank directly or using comparison websites to find the most current and suitable offers.

  • Can I apply for multiple credit cards to take advantage of several sign-up bonuses?

    While it's possible to apply for multiple credit cards, it's important to consider the impact on your credit score and your ability to meet multiple minimum spend requirements. Additionally, some banks may have restrictions on how frequently you can receive sign-up bonuses.

  • Are credit card sign-up bonuses taxable in Singapore?

    Generally, credit card sign-up bonuses are not considered taxable income in Singapore. However, it's always best to consult with a tax professional for the most up-to-date and accurate information regarding your specific situation.

  • How often do credit card sign-up bonuses change in Singapore?

    Credit card sign-up bonuses can change frequently, often aligning with seasonal promotions or bank-specific campaigns. It's common to see new offers around major holidays like Chinese New Year or National Day, as well as during bank anniversary periods.

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