Best credit card travel promotions in 2021 | Finder Singapore

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Best credit card travel promotions in Singapore

Prepare for your next adventure with a credit card designed for travel, with features and promotions that suit your needs.

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Having a credit or debit card on hand when you’re away is a must-have travel convenience. With credit cards, you can access a wide array of deals and complimentary extras that cut the cost of your travel. Expect perks such as travel insurance, flight and accommodation discounts, lower foreign currency conversion fees and more.

So if you’re planning for your next trip, use this guide to compare credit cards with travel promotions and learn about the different card features and perks available.

Compare credit cards with travel rewards

Name Product Reward Cashback Offer Annual Fee Min Income - Singaporean and PR
UOB PRVI Miles American Express Card
Earn 1.4 miles for every S$1 spent locally with no minimum spend or cap.
Get S$150 cash credit if you spend a minimum of S$1500 within 30 days. First 50 new customers only.
S$0 annual fee for the first 1 year and S$256.80 thereafter
Enjoy up to 20,000 bonus miles if you charge S$50,000 to your card in a year. Apply today and enjoy free transfers to Changi Airport.
KrisFlyer UOB Credit Card
Earn 3 KrisFlyer miles per S$1 when you spend with Singapore Airlines, Scoot, SilkAir or KrisShop and 1.2 KrisFlyer miles per S$1 on all other spend.
Get S$150 cash credit if you spend S$1500 or more within 30 days. First 500 new customers only.
S$0 annual fee for the first 1 year and S$192.60 thereafter
New cardholders can receive S$150 cash credit plus 3,000 KrisFlyer miles when applying and spending a minimum of S$1500 within 30 days of card approval. Ends 7 March 2021. Existing UOB cardmembers can apply and get 3,000 KrisFlyer miles after the first transaction of S$5 minimum. T&Cs apply.
UOB PRVI Miles Visa Card
6 air miles for every S$1 spent through Expedia, Agoda and UOB Travel
Get S$150 cash credit when you apply. Minimum S$1500 spend within 30 days. First 50 eligible applicants only.
S$0 annual fee for the first 1 year and S$256.80 thereafter
Apply today and enjoy up to S1$50 in cash credits. T&Cs apply. Plus, free travel cover.
American Express Singapore Airlines KrisFlyer Credit Card
Earn 1.1 KrisFlyer Miles per S$1 spent on purchases with no cap.
S$150 cashback for use at when you spend a minimum of S$12,000 until 30 June 2021
S$0 annual fee for the first 1 year and S$176.55 thereafter
Get up to 13,300 KrisFlyer miles with a minimum spend of S$3,000 in your first 3 months and an additional Acer Monitor KA242Y (valued at S$349) if you are new to American Express.
American Express Platinum Credit Card
Up to 50% off your food bill for unlimited visits at hotels around Singapore
S$321 annual fee
Get S$150 statement credit with minimum spend at Love Dining partners and a free 24" Samsung Monitor, plus a j5create JVCU100 USB Webcam when you spend S$5,000 in the first three months. T&Cs apply. Ends 30 April 2021.
UOB PRVI Miles World Mastercard
Earn 1.4 miles per S$1 spent locally and 2.4 miles per S$1 spent overseas, including online shopping.
Get S$150 cash credit when you apply. Minimum S$1500 spend within 30 days. First 500 eligible applicants only.
S$0 annual fee for the first 1 year and S$256.80 thereafter
Apply today and enjoy S$150 in cash credits if minimum spend requirements are met.
HSBC Revolution Credit Card
Earn up to 10X Reward points or 4 miles per S$1 spent on qualifying purchases.
Receive up to S$200 cashback. T&Cs apply. Ends 30 April 2021.
S$0 annual fee
New cardholders will be awarded with up to S$200 cashback. S$50 cashback for one qualifying transaction and S$120 cashback upon S$500 minimum spend. Receive an additional S$30 cashback when you apply online with MyInfo via SingPass. Existing HSBC credit cardholders are eligible to receive S$30 cashback. T&Cs apply. Ends 30 April 2021.
American Express Singapore Airlines KrisFlyer Ascend Credit Card
Earn 1.2 KrisFlyer miles per S$1 spent on local purchases, with no cap.
S$337.05 annual fee
Get free Bang & Olufsen Beoplay E8 2.0 earphones valued at S$399 when you spend S$5,000 within the first three months and an additional 10,000 KrisFlyer miles if you are new to American Express. T&Cs apply. Ends 31 Mar 2021
Citi PremierMiles Card
Earn 1.2 Citi Miles for every S$1 spent locally and 2 Citi Miles for every S$1 spent overseas.
Up to 26% cashback at selected merchants
S$192.60 annual fee
Get 45,000 miles when you spend S$9,000 in the first 3 months. Annual fee applies.
Citi Prestige Card
Deals and discounts in more than 90 countries. Also, get six complimentary golf games across Asia
Up to 20% cashback at selected merchants
S$535 annual fee
Get a welcome gift of 62,500 Citi ThankYou Points (25,000 Miles) or Gadget Welcome Gift. T&Cs apply. Ends 30 June 2021.

Compare up to 4 providers

What do I need to know about credit card travel promotions?

If you’re a globetrotter who travels frequently for business or pleasure, owning a travel card can help you score free travel perks. Some of the benefits and privileges you can expect from owning a travel credit card include:

  • Worldwide acceptance. The majority of Singapore credit cards are issued by Visa, Mastercard or American Express, which are all widely accepted internationally.
  • Zero or low currency conversion fees. While most credit cards charge 2-3% on currency conversion, many travel credit cards offer no fees for transactions made overseas or online with an international retailer.
  • Complimentary travel insurance. A wide range of credit cards offer complimentary travel insurance, that can save you money and get you the extra peace of mind when you travel overseas. Usually, you’ll need to charge your full fare or other travel costs using the card to activate the cover, so make sure you check what’s required for any card you choose.
  • Emergency card replacement. If your card is lost, stolen or damaged when you’re travelling overseas, you may need to request an emergency card replacement. This sometimes attracts additional fees, so look for a travel card that waives these costs if that’s something you want to avoid.
  • ATM withdrawals and balance check. Many travel credit cards offer free ATM withdrawals and balance checks to help you save on fees. But keep in mind that using a credit card to withdraw cash overseas will still attract a cash advance fee worth around 6% of the transaction. You’ll also be charged interest at the prevailing cash advance rate from the time the transaction is made.
  • Accelerated miles or reward points accumulation. Most travel credit cards can help you accumulate miles or points at a faster rate than regular cards, such as 2x rewards on overseas transactions.
  • Travel perks. Travel credit cards generally offer trip benefits such as airport transfers, lounge access to select airport lounges worldwide and priority boarding at certain airports.
  • Complimentary airport lounge and golf course access. Enjoy fee waivers or discounts on green fees at some of the leading and most popular golf courses around the world.
  • Dining and hotel deals. You’ll generally find a variety of attractive promotions on hotel and restaurant dining options.

What should I consider when using a travel credit card?

Keeping these details in mind can help you avoid extra charges and hassles when you’re using a credit card overseas.

  • Avoid dynamic currency conversion (DCC). Some overseas establishments and ATMs may offer you the option of paying in the local currency or in Singapore dollars (SGD). If you choose SGD, the transaction will be processed using dynamic currency conversion, which is an expensive practice that typically cost way more than paying in the local currency. So if you’re given the choice, opt to pay in the local currency instead.
  • Find out what fees and charges may apply. Besides foreign transaction fees and cash withdrawal fees, remember to take note of other potential fees. These may be the cash advance fee, prevailing cash advance interest rate and purchase interest rate.
  • Inform your bank that you’re going overseas. To help prevent fraudulent transactions, you may need to activate your card’s magnetic stripe for overseas use and inform your bank prior to going overseas. Otherwise, your card may be blocked and you may not be able to access your funds overseas.
  • Check for any restrictions. Credit cards may have pre-set limits for daily withdrawals or transactions. Make sure you check and change these limits if necessary before going overseas.
  • Make a copy of your provider’s contact details. Always keep a copy of your credit card provider’s emergency contact details on hand. In the case of an emergency, you can contact your provider for assistance as soon as possible.

How to compare travel credit cards

There are a lot of credit cards available in Singapore that offer many travel-related perks, ranging from free travel to achieving elite member status with hotels and airlines. However, every traveller has unique reward goals, so consider your priorities when choosing a travel rewards card. Here are some tips to consider:

  • Signup bonus. Most cards offer one or more perks when you sign up for them. These welcome gifts typically vary from one card to another, so consider one that gives you a bonus that is beneficial to you.
  • Features and benefits. Choose a card based on the type of benefits it offers and whether these perks actually benefit you. Card privileges vary on different categories of spends and some might not suit your lifestyle and spending habits.
  • Annual fee. Some cards charge a high annual fee that may cost you more than the benefits it provides in the long run. Consider the features and privileges and see if they outweigh the costs of owning. You’d want to avoid a situation whereby you’re paying out of your own pocket just to own the card.
  • Alternative co-branded cards. Providers often collaborate with certain brands or merchants to offer exclusive cards. Look up such cards and see if they offer you better rewards.

What other travel money options can I take with me?

When you’re overseas, it’s always a good rule of thumb to have more than one travel money option for extra flexibility and security. Some other options you can consider include:

  • Cash. Having sufficient cash on hand is a must regardless of where you’re travelling to as you may find that some establishments have limited options or impose hefty fees for card payments.
  • Debit cards. Bringing your everyday debit card overseas grants you direct access to your cash, rather than a credit limit. Even though withdrawing cash from an overseas ATM will incur a fee (typically S$7 each time), you can avoid interest charges and overspending while you’re away.
  • Travel cards. Prepaid travel cards allow you to load and spend money in multiple currencies. This means you’ll be able to avoid foreign transaction fees and can lock-in the amount of foreign currency you have before you go overseas. As you load your own money onto the card, you also won’t have to worry about interest charges or cash advance costs if you withdraw money from an ATM. Read more about how prepaid cards work.
  • Traveller’s cheques. Traveller’s cheques used to be a popular travel money option, but they are no longer widely accepted. So remember to check if there will be places you can cash them out on your trip before ordering your traveller’s check.

Three tips to protect your travel money when you’re overseas

Following these precautions should help ensure your trip runs smoothly:

  • Don’t carry too much cash.
    Avoid carrying a lot of cash or wearing expensive jewellery to prevent attracting unwanted negative attention.
  • Store your cards, cash or cheques in various secure areas.
    It is not advisable to carry all your cards and cash in a single location or wallet in case you lose it. Always distribute these items among your secure belongings and carry an alternative wallet which can store excess cash and other important items.
  • Report any emergency situations immediately.
    Make a copy of all your necessary contact numbers so you can get in contact with the relevant people in the chance of an emergency. This should include those of your personal emergency contacts, your credit card providers and your insurance provider.

Bottom line

Taking a little time to choose your travel money options – including any credit card travel promotions – before you leave can help you avoid extra costs and unforeseen issues, meaning you can spend more time enjoying your trip with peace of mind.

Frequently asked questions

Are there requirements I need to meet to get complimentary credit card travel insurance?

This depends on the card and the complimentary insurance policy. Check your credit card’s complimentary insurance policy document or contact your issuer directly to find out exactly what’s required and the type of cover available. Plus, you’ll want to be aware of exactly how much cover you’ll actually get – as you may find a free travel insurance deal won’t offer you full coverage against the risks you may face on your trip.

Is there any catch for credit card welcome bonuses?

Yes, credit card welcome bonuses are typically reserved for new sign-ups only. This means that you either never owned a card from that bank, or have cancelled your card at least 12 months ago. Some credit card issuers also require you to hit a minimum spend (for example, S$500 in the first month) before you’re qualified for the freebies. If you’re unsure about your eligibility for the credit card’s introductory freebies, be sure to check the terms and conditions before applying.

Is there a drawback to signing up for more credit cards?

Many cardholders are tempted to sign up for extra credit cards just for the welcome bonuses without considering that having too many cards may bring unintended consequences. With any additional credit cards that you don’t utilise, you may find yourself not having the time to keep track of them, causing you to be more susceptible to credit card fraud and incurring an annual fee if you forget to cancel them after the first year. Also, having too many unused credit cards may also affect your credit score.

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