How to choose the best department store credit cards

Compare credit cards for shopping at department stores in Singapore, including unlimited cashback and rewards-earning cards.

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For those who frequently shop at department stores in Singapore, you may want to consider a dedicated store credit card. If you’re unsure whether this is the right credit card for you, we’ll help you compare rates, features and benefits for a range of store credit cards below. Find out how to choose the best one for your lifestyle and spending habits.

How do department store credit cards work?

Department store credit cards work in the same way as standard credit cards. You can make purchases in-store, online or on the phone and then pay off the balance before the due date. They’re still issued by regular banks or lenders and minimum repayments, annual fees, interest rates and other charges still operate in the same way.

Specific credit card’s requirements will be set out in a product disclosure statement that you can find on the individual bank’s website. All the fees and charges you pay on the card will be received and processed by the issuing bank, just like a standard bank-issued credit card. The department store will then receive a portion of the revenue earned.

Compare department store credit cards/shopping credit cards

Name Product Balance Transfer Rate Reward Annual Fee Min Income - Singaporean and PR Contactless Payments
Standard Chartered Unlimited Cashback Credit Card
0% per p.a.
1.5% cashback on all spend with no cap and no minimum spend
S$0 annual fee for 2 years - S$192.60 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
Tap & Go with Mastercard
Get S$80 cashback with activation of card within 30 days upon approval. Existing cardholders will receive S$20. Ends 31 March 2020.
Standard Chartered Rewards+ Credit Card
0% per p.a.
Up to 10X rewards points for every S$1 spent in foreign currency
S$0 annual fee for 2 years - S$192.60 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
EZ-Link
Get S$80 cashback with activation of the card within 30 days upon approval. Existing cardholders will receive S$20. Ends 31 March 2020.
American Express True Cashback Card
N/A
1.5% cashback on all purchases with no minimum spend and no cap
S$0 annual fee for 1 year - S$171.20 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
Amex Pay
Receive 3% Cashback bonus and up to S$150 Cashback when you spend S$5,000 in the first six months.
HSBC Visa Platinum Card
2.50%-4.88%
5% cash rebate on groceries, fuel and dining
S$0 annual fee for 2 years - S$192.60 thereafter
S$30,000
payWave
Apple Pay
Get free Samsonite T5 68cm Spinner luggage with built-in scale worth S$560 or S$150 cash back when you spend S$800 in qualifying transactions from card approval to the end of the following month. Receive an additional S$20 worth of grab rides when you apply online with MyInfo via SingPass. T&Cs apply. Ends 31 March 2020.
American Express Singapore Airlines KrisFlyer Credit Card
N/A
For every S$1 spent, get up to 1.1 KrisFlyer miles on all eligible purchases, 2 miles in foreign currency spent overseas (June and December) and 3.1 miles on Grab Singapore transactions (up to S$200 spend in each calendar month).
S$0 annual fee for 1 year - S$176.55 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
Amex Pay
Earn 7,500 bonus KrisFlyer miles when you spend S$5,000 within three months of card approval. Ends 31 January 2020.
HSBC Revolution Credit Card
2.50%-4.88%
Up to 5X Rewards points (2 miles per S$1 spent) on online, dining and entertainment purchases
S$0 annual fee for 2 years - S$160.50 thereafter
S$30,000
payWave
Apple Pay
Get free Samsonite T5 68cm Spinner luggage with built-in scale worth S$560 or S$150 cash back when you spend S$800 in qualifying transactions from card approval to the end of the following month. Receive an additional S$20 worth of grab rides when you apply online with MyInfo via SingPass. T&Cs apply. Ends 31 March 2020.
American Express Platinum Credit Card
N/A
Up to 50% off your food bill for unlimited visits at hotels around Singapore
S$321 annual fee
S$50,000
Google Pay
Apple Pay
Samsung Pay
Amex Pay
Receive a 1-night stay at Swissotel The Stamford Singapore (worth S$529) when you pay the annual fee upon card approval and spend S$4,500 in the first 3 months. T&Cs apply. Ends 31 January 2020.
American Express Singapore Airlines KrisFlyer Ascend Credit Card
N/A
For every S$1 spent, get up to 1.2 KrisFlyer miles on all eligible purchases, 2 miles in foreign currency spent overseas (June and December) and 3.2 miles on Grab Singapore transactions (up to S$200 spend in each calendar month).
S$337.05 annual fee
S$50,000
Google Pay
Apple Pay
Samsung Pay
Earn 15,000 bonus KrisFlyer miles when you spend S$10,000 within three months of card approval. Ends 31 January 2020.
Citi Cash Back Card
New customers: 0% for 6 months Existing customers: 0% for 6-12 months
Earn up to 8% cash back on dining, groceries and petrol worldwide.
S$0 annual fee for 1 year - S$192.60 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
EZ-Link
Get a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. Ends 31 January 2020.
Citibank SMRT Card
New customers: 0% for 6 months Existing customers: 0% for 6-12 months
Up to 5% savings on groceries, fast food, movies, and coffee.
S$0 annual fee for 2 years - S$192.60 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
EZ-Link
Receive a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. Ends 31 January 2020.
Citi Rewards Credit Card
New customers: 0% for 6 months Existing customers: 0% for 6-12 months
10X Rewards on your shopping spend (local and overseas) and online purchases (except mobile wallet and travel-related transactions), plus 1X Rewards Points on all other spend, no cap or minimum spend required
S$0 annual fee for 1 year - S$192.60 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
EZ-Link
Receive 30,000 Citi Thank You points when you spend S$3,000 in the first 3 months. Ends 31 January 2020.
Citi PremierMiles Visa Card
New customers: 0% for 6 months Existing customers: 0% for 6-12 months
2 Citi Miles for every S$1 spent overseas, 1.5 miles for every S$1 spent locally with minimum spend of S$3,000 per statement month, 1.2 Citi Miles per S$1 spent locally with no minimum spend.
S$0 annual fee for 1 year - S$192.60 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
EZ-Link
Receive 40,000 miles when you spend S$9,000 in the first 3 months and pay the annual fee. Ends 31 January 2020.
Citi Prestige Card
New customers: 0% for 6 months Existing customers: 0% for 6-12 months
Earn 5 ThankYou Points (2 Miles) per S$1 overseas spend and 3.25 ThankYou Points per S$1 local spend
S$535 annual fee
S$120,000
Google Pay
Apple Pay
Samsung Pay
EZ-Link
Receive a welcome gift of 62,500 Citi ThankYou Points (25,000 Miles). Ends 31 January 2020.
American Express CapitaCard
N/A
Earn 3X STAR$ when you shop at participating CapitaLand malls
S$0 annual fee for 1 year - S$171.20 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
Add supplementary cardholders and get S$20 worth of CapitaVouchers for each approved member (up to two cardholders). Ends 31 January 2020.
Standard Chartered Spree Credit Card
0% per p.a.
Up to S$60 cashback monthly with no minimum spend
S$0 annual fee for 2 years - S$192.60 thereafter
S$30,000
Google Pay
Apple Pay
Samsung Pay
EZ-Link
Get S$80 cashback with activation of card within 30 day upon approval. Existing cardholders will receive S$20. Ends 31 March 2020.

Compare up to 4 providers

How to choose the best department store credit card

Here are the key factors you need to consider:

    • Shopping preferences. If you spend most of your money, or a significant portion of it, at department stores, a department store credit card from that specific store might help you save. You’ll need to consider where you shop the most and whether you’d be happy to be seen sporting a credit card branded with that store name.
    • Exclusive benefits and perks. If you’re a loyal customer of a specific department store, such as Takashimaya, Robinson’s or TANGS, then you could benefit from choosing their specific card to feel like a VIP every time you shop there. You’ll need to consider whether gaining access to their exclusive department store perks is something you’re particularly interested in. Otherwise, there’s a wide range of shopping, rewards and cashback credit cards for you to choose from.
    • Spending habits. Not all shopping credit cards offer rewards or cash rebates on online shopping, as well as on local and foreign spends. Before choosing a credit card, you should carefully consider whether you tend to shop mostly in-store or online, at local stores or on imported goods from overseas.
    • Card features. Before deciding on your chosen credit card, you should compare the minimum spend requirements, rewards programs and rebates on offer. Also, consider whether there are any welcome gifts or sign-up bonuses available and how attractive these deals are to you. Some store cards may also offer other additional benefits such as free delivery on eligible shops and free weekend parking, so it’s important to weigh up the full range of card features before applying for any credit card. If you’re interested in specific card benefits, such as gaining savings on fuel, groceries and Grab rides, or accessing free travel insurance when overseas, you may also want to compare shopping, travel or everyday savings credit cards.

Pros and cons of using a department store credit card

Pros

      • Exclusive discounts. The main reason to apply for a department store card is to gain access to exclusive member-only shopping discounts both year-round and during sales events. This can be especially worthwhile if you’re a frequent department store customer who wants exclusive access to closed-door sales events.
      • Additional store perks. If you frequently haunt a specific department store, qualifying for free personal shopping services, free delivery on eligible minimum spends, free weekend parking and even free alteration services may be particularly appealing.

Cons

      • Higher interest rate and annual fee. There may be a trade-off of paying higher annual fees and interest rate charges in exchange for enjoying exclusive store perks. You’ll need to weigh up whether these higher costs are worth it for you.
      • Less redemption flexibility. Unlike standard credit cards that may offer cashback or rewards points on spending across local and overseas stores, a department store card can significantly limit the range of merchants you can shop and earn rewards at. However, if you already shop mostly at department stores, this might not be much of a restriction to your spending habits.

Bottom line

While there are a variety of department store credit cards you can choose from, but before applying for one, you should consider the full range of credit cards available that would most suit your needs. If you’re ready to find the best department store credit card, start comparing your options now.

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