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Credit Card Comparison Singapore

Find the right card for you by comparing credit cards side by side.

Name Product Cashback Offer Reward Annual Fee
HSBC Revolution Credit Card
Receive up to S$200 cashback. T&Cs apply. Ends 31 Aug 2021.
Earn up to 10X Reward points or 4 miles per S$1 spent on qualifying purchases.
S$0
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$60 cashback. T&Cs apply. Ends 31 Aug 2021.
UOB PRVI Miles American Express Card
Get S$150 cash credit when you apply. T&Cs apply.
Earn 1.4 miles for every S$1 spent locally and 2.4 miles for every S$1 spent overseas.
S$0 annual fee for 1 year - 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.
HSBC Visa Platinum Credit Card
Up to 5% cash rebates on groceries, dining and fuel with minimum monthly spend of at least S$600.
Earn 1 Reward point for every $1 on all spend.
S$0 annual fee for 2 years - S$192.60 thereafter
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$60 cashback. T&Cs apply. Ends 31 Aug 2021.
KrisFlyer UOB Credit Card
Earn 3 KrisFlyer miles per S$1 when you spend with Singapore Airlines, Scoot and KrisShop and 1.2 KrisFlyer miles per S$1 on all other spend.
S$0 annual fee for 1 year - S$192.60 thereafter
Receive up to 3,000 miles when you apply for a new credit card, make your first transaction (spend at least S$1,500 within first 30 days (ends 31 Aug 2021). T&Cs apply.
UOB EVOL Card
Up to 8% cashback on online and mobile contactless spend.
Enjoy a wide variety of discounts and cashback rebates on dining, entertainment, online shopping and travel.
S$192.60
Receive Apple Watch SE or Nintendo Switch Lite when you apply for a new UOB EVOL Credit Card and spend a minimum of S$1,000 within 30 days from card approval date. First 100 successful applicants. T&C apply. Ends 16 Aug 2021.
UOB Lady's Card
Receive S$150 cash credit when you apply for a new credit card. T&C apply.
Earn 10X UNI$ (or 20 miles) per S$5 spent on a chosen spending category with no min. spend required, and 1X UNI$ (or 2 miles) on other purchases.
S$0 annual fee for 1 year - S$192.60 thereafter
Receive S$150 cash credit (for first 100 successful UOB personal credit card applications) when you apply for a new credit card and spend at least S$1,500 within 30 days from card approval date. T&C apply. Ends 31 Aug 2021.
HSBC Advance Credit Card
Enjoy up to 3.5% cashback on all purchases with no minimum spend
Receive up to S$200 cashback when minimum spend requirements are met.
S$0 annual fee for 1 year (permanently waived for HSBC Advance banking customers) - S$192.60 thereafter
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$60 cashback. T&Cs apply. Ends 31 Aug 2021.
UOB One Credit Card
Up to 10% cashback with some merchants including Grab,7-Eleven and Cold Storage; 6% for Singapore Power Utilities bills; and 5% back on all other retail spending.
Receive S$150 cash credit when you apply for a new credit card and spend at least S$1,500 within 30 days from card approval date.
S$0 annual fee for 1 year - S$192.60 thereafter
Receive S$150 cash credit (for first 100 successful UOB personal credit card applications) when you apply for a new credit card and spend at least S$1,500 within 30 days from card approval date. T&C apply. Ends 31 Aug 2021.
American Express Singapore Airlines KrisFlyer Ascend Credit Card
N/A
Earn 1.2 KrisFlyer miles per S$1 spent on local purchases, with no cap.
S$337.05
Get a complimentary stay at Sofitel Singapore Sentosa Resort & Spa, Luxury Room (worth up to S$460++) 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 30 Sep 2021.
UOB PRVI Miles Visa Card
Receive S$150 cash credit when you apply for a new credit card. T&C apply.
6 air miles for every S$1 spent through Expedia, Agoda and UOB Travel
S$0 annual fee for 1 year - S$256.80 thereafter
Receive S$150 cash credit (for first 100 successful UOB personal credit card applications) when you apply for a new credit card and spend at least S$1,500 within 30 days from card approval date. T&C apply. Ends 31 Aug 2021.
American Express Platinum Credit Card
N/A
Up to 50% off your food bill for unlimited visits at hotels around Singapore
S$321
Get a complimentary 1-night stay at The Fullerton Hotel, Premier Courtyard room (worth up to S$600) with a minimum spend of S$5,000 in your first 3 months of card membership, and an additional 25,000 Membership Rewards points upon annual fee payment. Valid until 30 Sep 2021.
American Express True Cashback Card
Earn 1.5% cashback on all eligible spending with no minimum spend or cap
Enjoy cashback on all purchases with no minimum spend or cap. Plus receive up to S$120 CapitaVouchers when a minimum spend of S$500 is made in the first month.
S$0 annual fee for 1 year - S$171.20 thereafter
Apply today and get a 3% Cashback bonus when you spend S$5,000 in the first six months.
American Express Singapore Airlines KrisFlyer Credit Card
S$150 cashback for use at singaporeair.com when you spend a minimum of S$12,000 until 30 June 2022
For every S$1 spent, earn 1.1 KrisFlyer miles on all eligible purchases, 2 KrisFlyer miles in foreign currency spent overseas during June and December.and 3.1 KrisFlyer miles on eligible Grab Singapore transactions.
S$0 annual fee for 1 year - 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 S$200 statement credits if you are new to American Express. T&Cs apply.
Citi Cash Back+ Card
1.6% cash back on selected retail purchases
Get up to 20.88% fuel discounts at Esso and Shell and 1.6% cash back on eligible retail purchases.
S$0 annual fee for 1 year - S$192.60 thereafter
Receive 4.5% cash back on up to S$5,000 spend (up to S$225 cash back) in the first 3 months. T&Cs apply. Valid until 30 Nov 2021.
UOB PRVI Miles World Mastercard
Receive S$150 cash credit when you apply for a new credit card. T&C apply.
Earn 1.4 miles per S$1 spent locally and 2.4 miles per S$1 spent overseas, including online shopping.
S$0 annual fee for 1 year - S$256.80 thereafter
Receive S$150 cash credit (for first 100 successful UOB personal credit card applications) when you apply for a new credit card and spend at least S$1,500 within 30 days from card approval date. T&C apply. Ends 31 Aug 2021.
Citi Lazada Card
Enjoy shipping rebates on eligible purchases of at least S$50 at Lazada.
Earn 10x rewards on eligible Lazada purchases and 5x rewards on qualifying dining, entertainment and commute purchases
S$0 annual fee for 1 year - S$192.60 thereafter
New Citibank customers can get up to S$250 Lazada & RedMart vouchers upon minimum spend of S$250. T&Cs apply. Ends 31 Aug 2021.
Citi Rewards Credit Card
Up to 26% cashback at selected merchants
10X Rewards on eligible online and retail purchases, capped at 10,000 points per statement month.
1X Rewards for other retail purchases.
S$0 annual fee for 1 year - S$192.60 thereafter
Get 30,000 Citi Thank You points when you spend S$3,000 in the first 3 months. T&Cs apply. Ends 31 Aug 2021.
American Express CapitaCard
N/A
Earn up to 3% rebate (6X STAR$) when you shop at participating merchants in CapitaLand Malls in town.​ An additional 5% rebate (10X STAR$) at participating STAR$ X’tra Partners in CapitaLand Malls.​
S$0 annual fee for 1 year - S$171.20 thereafter
New card members can receive 150,000 STAR$ upon S1,500 minimum spend within the first 3 months of card approval. T&Cs apply. Ends 30 Sep 2021.
Citi Cash Back Card
6% cash back on dining, 8% cashback on groceries and petrol transactions. 0.25% cashback on other retail purchases, capped at S$80 for all transactions per statement month.
Get up to 20.88% fuel discounts at Esso and Shell, 6% cashback on dining and 8% cashback on groceries.
S$0 annual fee for 1 year - S$192.60 thereafter
Get a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. T&Cs apply.
Citi Prestige Card
Up to 20% cashback at selected merchants
Deals and discounts in more than 90 countries. Also, get six complimentary golf games across Asia
S$535
Get a welcome gift of 62,500 Citi ThankYou Points (25,000 Miles) or Gadget Welcome Gift. T&Cs apply. Ends 30 Sep 2021.
Citibank SMRT Card
Up to 5% savings on groceries, online shopping, taxis (including private hire rides), and EZ-Link Auto Top-up/SimplyGo. Plus, 0.3% savings on all other spend
Up to 5% savings on groceries, online shopping, taxis (including private hire rides), and EZ-Link Auto Top-up/SimplyGo. Plus, 0.3% savings on all other spend
S$0 annual fee for 2 years - S$192.60 thereafter
Get a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. T&Cs apply. End 30 Nov 2021.
Citi PremierMiles Card
Up to 26% cashback at selected merchants
Earn 1.2 Citi Miles for every S$1 spent locally, 2 Citi Miles for every S$1 spent overseas and 4 Citi Miles for every S$1 spent on food delivery & home entertainment.
S$192.60
Get 45,000 miles when you spend S$9,000 in the first 3 months. Annual fee applies.
UOB Absolute Cashback Card
UOB Absolute Cashback Card
Enjoy 1.7% limitless cashback with no minimum spend and no spend exclusions.
Enjoy 1.7% limitless cashback with no minimum spend and no spend exclusions.
S$0 annual fee for 1 year - S$192.60 thereafter
Receive up to 5% cashback (equivalent to S$150) when you apply for a new credit card and spend your first S$3,000. T&Cs apply. Ends 30 Sep 2021.
Aspire Corporate Card
1% Cashback for qualified spend of above S$5,000. T&Cs apply
Enjoy exclusive perks and discounts with Aspire's extensive range of partners, redeemable at anytime
S$0
A corporate debit card for SMEs and Startups with no annual fee and low FX fees. Enjoy 1% cashback on marketing and SaaS spend. T&Cs apply.
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What is a credit card?

A credit card is a form of unsecured credit issued by banks. It allows users to make purchases without having to pay with cash and withdraw money from ATM machines. All Singapore credit cards come with a credit limit and an interest rate which is set by the lender. Credit cards are different from debit cards which are tied to actual money in a savings account.

What is the best credit card for me?

To choose the best credit card based on your circumstances, you need to compare benefits and features of various types of cards on the market. For example, if you want a credit card that offers benefits and perks, you could look at cashback cards, rewards cards or air miles cards. Or if you want a card with lower fees, you might consider a card with an annual fee waiver.

How does a credit card work?

When you use a credit card, you are essentially borrowing money from the bank to pay the retailer for goods or services. You’ll get a credit limit from the lender and this is how much you can spend on the card. The limit can range from around S$500 to thousands of dollars. The bank sets your limit after they’ve assessed your ability to make repayments.

At the end of each monthly billing cycle, you’ll receive a statement that tells you the total amount you owe the bank. By paying back the debt in full and on time, you typically won’t be charged any interest fees.

Different credit cards are suited to different kinds of uses. There are many types of credit cards in Singapore, including those which let you accrue rewards, air miles and cash rebates. The type of card that will work best for you will depend on a number of factors. These include:

  • What you want to use the card for
  • What you want to get back from the card, such as perks or cashback
  • Your financial history, including your credit score
  • The cards you’re eligible for

What type of credit card am I looking for?

Some of the brands we compare

AMEX logocitibank-laogoHSBC-LogoChase-Logo

Understanding APR

If you’ve used your card for purchases, your debt begins to accrue interest. This is called an APR, or annual percentage rate, and it usually ranges between 11.99% and 28%. APR lets you know how much interest you’ll need to pay for borrowing money on a credit card. It takes into account regular interest, along with any other fees and charges. Therefore, APR can be a useful indicator of how competitive a credit card is.

How do interest charges work?

Each month, you’ll receive a credit card statement. Your statement will include key details such as:

  • The transactions you’ve made,
  • Your total outstanding balance, and
  • Any interest you’ve built up.

If you pay your entire credit card balance in full each month, you can usually take advantage of up to 55 interest-free days in the next statement period. Basically, you won’t pay any interest on what you’ve borrowed.

However, if you don’t pay off the whole debt then you’ll be charged interest on what’s left. That’s why it’s always best to pay all of your balance each month. Keep in mind that, if you miss the minimum repayment – which is typically about 2-3% of your total balance – you’ll be charged late payment fees. You may want to try our credit card interest calculator to test how long it could take to pay off debt.

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How am I charged for using a credit card?

  • Annual fee. This is the cost to own a credit card. The annual fee ranges from S$0 to hundreds of dollars depending on the credit card type. The credit card annual fee is deducted from your available credit and accrues interest at the purchase rate if it isn’t paid in the first statement period. Learn more about no annual fee cards.
  • Interest rates. There are no interest charges levied on your purchases if you pay off the card balance within the grace period. Beyond that, credit cards here typically charge an interest of 24-28% per annum on your card balances. As the interest is compounded and charged on a daily basis, they can easily accumulate if you keep rolling over your balances month-on-month.
  • Repayments. You’re free to repay as much as you like as often as you like. You’re required to make the minimum repayment when your statement is issued. The minimum repayment is usually 5% of your outstanding balance. You will pay a late payment fee if you don’t make the minimum repayment by the statement due date.
  • Other fees. Other fees you may run into include late payment fees, overlimit fees for spending past your credit limit, foreign transaction fees, rewards program membership fees and cash advance fees.

Understanding your credit score

In Singapore, banks and other lenders mostly rely on the Credit Bureau Singapore (CBS) credit score to determine the repaying capacity of the applicant and the probability of default on loans. The CBS Credit score is a 4-digit number computed by the CBS. It’s based on the applicant’s record of past repayments of loans and credit card debts.

The score set ranges from 1000 to 2000, whereby 1000 indicates a high risk of default and is thus considered a poor credit score. Conversely, 2000 is an excellent credit score, indicating the lowest risk of default. Read more about how you could improve your credit score before you apply for a card.

Pros and cons of credit cards

Pros

  • Flexibility! If you’ve got a big purchase to make or a bill to pay but don’t have the cash in the bank, a credit card can give you the money you need. You can then pay it back straight away or over time.
  • Convenience. Credit cards allow you to buy what you need, when you need it. You can use them to shop in-store, online and overseas. They come with multiple layers of security and fraud protection, so if anything happens to your card details your money is still safe.
  • Rewards. The Singapore credit cards market is a competitive one, and you can take advantage of generous sign-up bonuses and perks, ranging from free luggage to 10x cashback boosts and more.

Cons

  • Debt. If you don’t manage your credit card properly, you could get into debt. Credit card interest can add up quickly if you don’t pay your balance on time, which could land you in hot water.
  • Cost of borrowing. Compared to some other loans, credit cards are relatively expensive. The average interest rate for an Australian credit card is around 20%, while the average interest rate for a variable rate loan is 14.41%.
  • Sneaky fees and surcharges. Some businesses add a surcharge to credit card payments, which can be 1-2% of the total purchase cost.

How to apply

Firstly, keep in mind that you’ll have to meet the card issuer’s minimum eligibility requirements to have any chance for your application to be approved.

Once you’ve done a thorough comparison and you’re ready to apply for a new card, just click on the ‘Go to site’ button in the table or review. This takes you to the official application page of your chosen lender on this page. There, you can read the full terms and conditions before starting a secure, online application with the bank or lender. This also means that Finder doesn’t collect your personal details or information during the application process.

Credit card eligibility

Eligibility requirements for a credit card usually include:

  • Age. Cardholders must be at least 18 years of age for student cards, 21 years old for regular credit cards. The minimum age for a supplementary cardholder is also at least 18 years old.
  • Residential status. Most credit cards are open to application for Singaporeans, permanent residents(PR) and foreigners alike, subject to varying income requirements and additional documents.
  • Minimum income. The minimum income requirement will vary between cards, but they usually start at S$30,000 p.a. for most basic credit cards and around S$80,000 or above for higher-tier products.
  • Credit history. All credit card issuers require applicants to have a good credit history. A lender needs to assess how likely it is you will be able to meet your repayments.

Again, make sure you confirm that you meet the eligibility criteria before you submit your application for a credit card in Singapore; rejected applications can have a negative impact on your credit score.

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Frequently asked questions

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