Enjoy better discounts, more reward points, and higher cashback when you shop online with a credit card that has been optimised for cyber shoppers! Check out our top picks for the best credit cards for online shopping available in the market.
What to look for in a credit card for online shopping
There are so many credit cards on offer, it’s enough to make your head spin! How do you choose which is best? We can tell you that opting for one simply based on its design and colour…not such a good idea.
Instead, consider looking for credit cards that complement your lifestyle and give you better value for transactions you are already making. So for instance, if you are an avid online shopper; it would make sense to look for a card that has the best features and offers for e-shopping.
What would a good credit card for online shopping offer? Here are a few features to look out for:
More reward points/miles for shopping online
Cards that have been optimised for online shopping will typically offer higher or ‘accelerated’ reward points (than the base rate) when you charge retail spend online. This way, you can earn points much quicker and in a way that fits your lifestyle.
Also, if you frequently shop online at international stores that charge in foreign currencies; try to find a card that offers extra reward points for that.
High cashback for online shopping
Similarly, look for cards that give attractive cashback rebates when you use it to shop online. Also, check that the criteria for earning cashback aren’t burdensome. For instance, if a credit card offers cashback that can only be earned once you’ve spent the monthly minimum; be sure that the amount is practical for your spending habits. You might lose out on the maximum amount of cashback rebates you could earn if the figure is too high. Or worse still, you might be enticed to spend more than you need, just to earn the rebate.
An ideal credit card cashback offer would come with high cashback rebates and zero (or very low) minimum spend amounts. And if there is no cap on the cashback, all the better!
Exclusive online promotions
A good credit card for online shopping should have strong promos with discounts and deals for cardholders shopping at popular online stores or malls.
In addition, if the card can offer deals from a wide network of partners and merchants, or if it will reward cardholders for general online shopping — this will make usage of the card much more practical and could help them enjoy bigger savings.
Special discounts from places like Lazada, Amazon, and Shopee, as well as other online favourites are extremely attractive and practical since most cardholders already shop there.
Now that you know what to look for, let’s move on to explore a few prime examples of noteworthy online shopping credit cards:
Here are our top picks for the best credit cards available in the market right now for online shoppers:
Standard Chartered Spree Credit Card — Best Credit Card for Cashback
The Standard Chartered Spree Credit Card is certainly a standout in the world of online shopping! Let’s start with the fact that it offers a higher cashback for shopping online, than its base reward rate.
You’ll get 3% cashback when you spend online with your card in foreign currency and on all vPost purchases. For shopping charges in local currency, as well as contactless and mobile payments; you’ll get 2% cashback. For all other (eligible) retail spend; you’ll earn 1% cashback.
Also, there is no minimum spend with this card — so that’s good news if you’re pulling those purse strings tight.
So how much cashback are we talking? Depending on how much you spend and what you spend on; you can earn up to S$60 in cashback monthly.
Something else we love about this card? It has an Online Price Guarantee. What’s this, you ask? Well, you know that feeling when you’ve found the greatest deal on the internet, and then a few days later, you find that it’s selling for half the price on another site! With this guarantee, you may be reimbursed the price difference up to S$1,000 per covered item, if you find a lower price for the same item on the internet within 14 days of purchase (terms apply).
All in, the Standard Chartered Spree Credit Card would make for a good online shopping card as well as a first credit card.
The annual fee for this card is S$192.60 and will be waived for the first two years.
Citi Lazada Credit Card — Best Credit Card for Lazada
If you’re a Lazada fiend, we’re not surprised! After all, it is one of Singapore’s leading online malls! Shopping at Lazada is commonplace these days and for good reason — you can find almost anything under the sun here and it’s almost always cheaper than buying at physical stores.
So if you want to save even more when you shop at Lazada, consider a credit card like the Citi Lazada Credit Card. It offers discounts, vouchers, and other extras that provide more value when you spend at Lazada with the card.
Here’s what the Citi Lazada Credit Card offers:
- Complimentary one-year LiveUp membership
With the LiveUp membership (Usual price: S$5.99 per month or S$59.90 per year), you’ll gain access to exclusive promos that yield in more savings when you shop online!
For instance, you can earn up to 4% rebates on LazMall and RedMart orders, get free delivery for RedMart on offers above S$40, and enjoy special members-only benefits from partners like Grab, Chope, and Sistic (terms apply).
- Lazada shipping rebate
Don’t like paying for shipping? With this card, you can earn a shipping rebate (S$1.99 cashback) up to four times a month when you spend a minimum of S$50 per transaction on Lazada. Terms apply.
- Reward points for Lazada shopping
When using your card to make purchases on Lazada, you can earn up to 10 Reward Points per $1 spent (with terms). And these Reward Points can be converted to cash, e.g. 4,400 Rewards Points can be exchanged for S$10 cash.
Lastly, but not least; get a Lazada voucher when you apply for this credit card online.
The annual fee for this card is S$192.60 and will be waived for the first year.
Citi Rewards Credit Card — Best Credit Card for Reward Points
If you’re all about rewards, then the Citi Rewards Credit Card might be just right for you!
You can earn 10x Rewards points when you shop online (and make retail purchases) at Lazada, Tangs, Qoo10, and a host of other stores, local and worldwide (terms apply).
Moreover, you can also use your Citi Rewards card to take advantage of exclusive online promos, like these current and upcoming ones:
- S$5 Qmoney Cashback with minimum spend of S$50 at Qoo10
- S$8 to 15 off during the Shopee 3.3 – 4.4 Men’s Sale
- Up to 20% off at EAMart
Terms and conditions apply.
Consider also, that in addition to accessing more savings for online purchases, you can use this card to enjoy up 14% in fuel savings at Esso and Shell, complimentary travel insurance (when you charge airfare to your Citi Rewards card), as well as 10x Reward points when ordering groceries or takeout online, and shopping retail overseas.
The annual fee for this card is S$192.60 and will be waived for the first year.
HSBC Revolution Credit Card — Best Credit Card for Miles
The HSBC Revolution Credit Card has a lot to offer online shoppers! With this card, you’ll earn 5 Reward points or 2 miles per dollar that is spent on (qualified) online shopping.
And don’t worry, you’ll still earn points for ‘regular’ shopping (i.e. at a clothing store in a mall), only it’ll be at a basic conversion rate of 1 Reward point earned for S$1 spent.
Another thing we like about this card — you don’t have to spend a minimum amount in order to start earning points.
This makes it easier to earn points right from the get-go, and moreover; points only expire after three years.
What can you use your points/miles for?
Take the points you’ve earned and redeem cash vouchers for Caltex and Shell (for petrol), Starbucks, or Toys “R” Us; use it as miles for travel tickets; pay off credit card annual fees; use it to offset or pay for purchases (via Pay with Points on the HSBC Singapore App) and more.
If you’re feeling particularly goodhearted — you can even use your points to give to charities! Terms apply.
In addition, plenty of other money-saving benefits come with this card, such as, complimentary travel insurance (when you charge travel expenses to your card), petrol discounts at Shell and Caltex, special 1-for-1 dining offers with HSBC Entertainer, and more.
The annual fee for this card is S$160.50 and will be waived for the first two years.
Want more credit card options for online shopping? Check out the GoBear comparison page for help finding the card that is just right for you!
More guides on Finder
Designed for large businesses that want to manage all their money from one place, Volopay offers virtual cards, expense management and transaction insights.
UOB Delight Credit Card Review
Get bonus rebates on groceries, contactless transactions and household bills with the UOB Delight Credit Card.
UOB Preferred Platinum Visa Card Review
Earn rewards on your daily spending and save on shopping, dining, petrol and more with the UOB Preferred Platinum Visa Card.
UOB Professionals Platinum Card Review
Earn generous rewards when you spend with the UOB Professionals Platinum card including perks on dining, shopping and fuel.
UOB JCB Card Review
Earn accelerated rebates and get a one-year fee waiver with the UOB JCB Card.
UOB UnionPay Platinum Card
Earn 2% cash rebates with no minimum spend, enjoy fuel savings and more with UOB.
How long does it take to get a credit card?
Learn about the factors behind how long it takes for you to get a new credit card.
Best credit card hotel promotions 2022
Learn about how to reap the rewards of hotel promotions while using your credit card.
Best credit card travel promotions in Singapore
Signing up for a credit card with travel promotions can help you save money on your next trip away.
Best petrol credit cards
How to compare credit cards with some of the leading savings for fuel.