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Credit Card Comparison Singapore

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

1 - 9 of 26
Name Product Cashback Offer Reward Annual Fee
HSBC Revolution Credit Card
Receive up to 2.5% cashback for every dollar you spend.
Earn up to 10X Reward points or 4 miles per $1 spent on qualifying purchases.
Earn up to 10X rewards points (equivalent to 4 miles per dollar spent) when you charge online, dining and entertainment expenses to your card.
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
Receive 120,000 ThankYou Points (48,000 Miles) when you pay the annual fee ($540) and spend $800 within two months. T&Cs apply. Valid until 31 March 2023.
HSBC Visa Platinum Credit Card
Up to 5% cash rebates on groceries, dining and fuel with minimum monthly spend of at least $600.
Earn 1 Reward point for every $1 on all spend.
$0 annual fee for 2 years - $192.60 thereafter
Receive up to $1,000 worth of cash rebate yearly.
Citi Cash Back+ Credit Card
1.6% cash back on selected retail purchases
Get up to 14% fuel discounts at Esso and Shell and 1.6% cash back on eligible retail purchases.
$0 annual fee for 1 year - $194.40 thereafter
Receive 10% cash back (up to $300 cash back) on up to $3,000 spend in the first 2 months. T&Cs apply. Valid until 31 March 2023.
HSBC Advance Credit Card
Enjoy up to 3.5% cashback on all purchases with no minimum spend
Receive up to $200 cashback when minimum spend requirements are met.
$0 annual fee for 1 year (permanently waived for HSBC Advance banking customers) - $192.60 thereafter
Enjoy up to 3.5% cashback on all purchases with no minimum spend.
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 $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.
$0 annual fee for 1 year - $194.40 thereafter
Get a welcome gift of $300 cash back when you spend $800 in the first two months. T&Cs apply. Ends 31 March 2023.
American Express Singapore Airlines KrisFlyer Ascend Credit Card
For every $1 spent, earn 1.2 KrisFlyer miles on local purchases, 2 KrisFlyer miles on overseas spend in June and December, Singapore Airlines and KrisShop and 3.2 KrisFlyer miles on Grab.
Get 20,000 KrisFlyer miles upon annual fee payment and minimum spending of $3,000 within 30 days from card approval. Existing card members will receive 10,000 Krisflyer miles. Also, earn 3,600 KrisFlyer miles based on the $3,000 spend above (based on 1.2 KrisFlyer miles per $1 spent locally). T&Cs apply. Ends 3 April 2023.
American Express Platinum Credit Card
Up to 50% off your food bill for unlimited visits at hotels around Singapore
Get 30,000 Membership Rewards points upon payment of annual fee and minimum spending of S$3,000 within 30 days from card approval. Existing card members can receive 16,000 Membership Rewards points. Also, receive 3,750 Membership Rewards points from your base earn rate for the $3,000 spent. T&Cs apply. Ends 3 April 2023.
American Express True Cashback Card
Earn 1.5% cashback on all eligible spending with no minimum spend or cap
Enjoy 1.5% cashback on all purchases with no minimum spend or cap.
$0 annual fee for 1 year - $172.80 thereafter
Apply today and get a 3% cashback bonus when you spend $5,000 in the first six months.

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 $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?

  • Rewards Credit Cards. Earn reward points as you spend and maximise the freebies and savings you can redeem with a rewards credit card.
  • Cashback Credit Cards.Earn cashback as you spend and save on groceries, petrol, dining, travel and more.
  • No Annual Fee Credit Cards. Enjoy a range of cardholder perks without having to pay a yearly account fee – with some cards, you could avoid the annual fee for the lifetime of the card.
  • Petrol Credit Cards. Be rewarded with discounts on your fuel when you fill up the tank at certain stations.
  • Air Miles Credit Cards. Compare Air Miles credit cards to earn points on everyday purchases to redeem for your next holiday with your favourite airline.
  • Student Credit Cards. Manage your student expenses and establish your credit history by comparing a range of student credit cards.

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 $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


  • 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.


  • 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 $30,000 p.a. for most basic credit cards and around $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.Back to top

Frequently asked questions

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