Credit cards for foreigners in Singapore

Want to get a credit card as a foreigner in Singapore? Compare your options and learn how to apply here.

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Most major banks in Singapore let you apply for a credit card when you are a foreigner with a valid pass. But the types of cards available and the requirements you need to meet before you can apply may vary based on the type of visa you hold, your income and other individual details.

You can use this guide to compare your credit card options and find out what you need to do to successfully apply for a credit card when you’re living in Singapore.

HSBC Revolution Credit Card

HSBC Revolution Credit Card

Receive S$150 cash back or a Samsonite T5 Spinner luggage

Offer ends 31 March 2020

HSBC Revolution Credit Card

  • Principal Annual Fee: S$0 annual fee for 2 years - S$160.50 thereafter.
  • Cashback Rate: 0%
  • Annual Interest Rate: 25.9%
  • Minimum Income (Singaporean & PR): S$30,000
  • Minimum Income (Non-Singaporean): S$40,000
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Compare credit cards for foreigners in Singapore

Name Product Reward Annual Fee Min Income - Foreigner
HSBC Revolution Credit Card
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$40,000
Get free Samsonite T5 68cm Spinner luggage worth S$560. Simply make S$800 in qualifying transactions in the first month of your account. Ends 31 March 2020.
Standard Chartered Spree Credit Card
Up to S$60 cashback monthly with no minimum spend
S$0 annual fee for 2 years - S$192.60 thereafter
S$60,000
Get S$80 cashback with activation of card within 30 day upon approval. Existing cardholders will receive S$20. Ends 31 March 2020.
Citi PremierMiles Visa Card
2 Citi Miles for every S$1 spent overseas and 1.2 Citi Miles per S$1 spent locally.
S$0 annual fee for 1 year - S$192.60 thereafter
S$42,000
Receive 37,300 miles when you spend S$9,000 in the first 3 months and pay the annual fee. Terms and conditions apply. Ends 31 March 2020.
UOB PRVI Miles American Express Card
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
S$40000
Apply today and enjoy up to S$100 in cash credits. Plus, free travel cover.
HSBC Visa Platinum Card
5% cash rebate on groceries, fuel and dining
S$0 annual fee for 2 years - S$192.60 thereafter
S$40,000
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.
Standard Chartered Unlimited Cashback Credit Card
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$60,000
Get S$80 cashback with activation of card within 30 days upon approval. Existing cardholders will receive S$20. Ends 31 March 2020.
KrisFlyer UOB Credit Card
Earn 3 KrisFlyer miles per S$1 when you spend with Singapore Airlines, Scoot, SilkAir or KrisShop.
S$0 annual fee for 1 year for principal card
Free for the first supplementary card, S$96.30 subsequent card - S$192.60 thereafter
S$40000
Apply today and enjoy up to S$100 in cash credits and 3,000 KrisFlyer miles.
UOB Yolo Card
Enjoy up to 8% cashback on dining, travel, shopping and entertainment. Plus, a further 3% cashback on online travel bookings and fashion shopping.
S$0 annual fee for 1 year - S$192.60 thereafter
S$40000
Apply today and enjoy up to 8% cashback on dining, travel, shopping and entertainment. Plus, a further 3% cashback on online travel bookings and fashion shopping.
Citi Rewards Credit Card
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$42,000
Receive 30,000 Citi Thank You points when you spend S$3,000 in the first 3 months. Ends 31 March 2020.
UOB Lady's Card
10X UNI$ (or 20 miles) per S$5 spent on one category with no min. spend required. Choose from Beauty& Wellness, Dining, Entertainment, Family, Fashion, Transport and Travel.
S$0 annual fee for 1 year for principal card
Free for the first supplementary card, S$96.30 subsequent card - S$192.60 thereafter
S$40000
Apply today and enjoy up to S$180 in cash credits. S$100 cash credit when you apply for a new Credit Card and S$80 cash credit when you open an account online.
HSBC Advance Credit Card
Up to 3.5% cashback on all purchases with no minimum spend
S$0 annual fee for 1 year (permanently waived for HSBC Advance banking customers) - S$192.60 thereafter
S$40,000
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.
Standard Chartered Rewards+ Credit Card
Up to 10X rewards points for every S$1 spent in foreign currency on overseas retail, dining and travel
S$0 annual fee for 2 years - S$192.60 thereafter
S$60,000
Get S$80 cashback with activation of the card within 30 days upon approval. Existing cardholders will receive S$20. Ends 31 March 2020.
UOB One Card
Up to 10% cashback on Grab and UOB Travel transactions; 6% for your Singapore Power bill; and 5% back on all other spending.
S$0 annual fee for 1 year - S$192.60 thereafter
S$40000
Apply today and enjoy up to 10% cashback on Grab and UOB Travel transactions, including up to 24% off fuel at SPC and up to 20.8% off at Shell.
Citi Cash Back Card
Earn up to 8% cash back on dining, groceries and petrol worldwide.
S$0 annual fee for 1 year - S$192.60 thereafter
S$42,000
Get a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. Ends 31 January 2021.
UOB PRVI Miles Visa Card
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
S$40000
Apply today and enjoy up to S$100 in cash credits. Plus, free travel cover.
Citi Prestige Card
Earn 5 ThankYou Points (2 Miles) per S$1 overseas spend and 3.25 ThankYou Points (1.3 miles) per S$1 local spend.
S$535 annual fee
S$120,000
Receive a welcome gift of 62,500 Citi ThankYou Points (25,000 Miles) or Gadget Welcome Gift. Ends 31 March 2020.
UOB PRVI Miles World Mastercard Card
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
S$40000
Apply today and enjoy up to S$100 in cash credits. Plus, free travel cover.
Citibank SMRT Card
Up to 5% savings on groceries, fast food, movies, and coffee; up to 3% savings on online shopping.
S$0 annual fee for 2 years - S$192.60 thereafter
S$42,000
Receive a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. Ends 31 January 2021.
American Express True Cashback Card
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$60,000
Receive 3% Cashback bonus and up to S$150 Cashback when you spend S$5,000 in the first six months.
American Express Singapore Airlines KrisFlyer Credit Card
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$60,000
Earn 8,000 bonus KrisFlyer miles when you spend S$5,000 in the first 3 months of card membership and additional 8,000 KrisFlyer miles with minimum spend of S$5,000 in the 4th to 6th month of membership. Ends 30 April 2020.
American Express CapitaCard
Earn 3X STAR$ when you shop at participating CapitaLand malls, 1X STAR$ on all other purchases and additional 10X STAR$ at participating outlets in CapitaLand Malls.
S$0 annual fee for 1 year - S$171.20 thereafter
S$60,000
Add supplementary cardholders and get S$20 worth of CapitaVouchers for each approved member (up to two cardholders). Ends 30 April 2020.
American Express Singapore Airlines KrisFlyer Ascend Credit Card
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$60,000
Earn 16,000 KrisFlyer miles when you spend S$10,000 within the first three months and an additional 12,000 KrisFlyer miles based on 1.2 KrisFlyer miles per S$1 spent locally. Ends 30 April 2020.
American Express Platinum Credit Card
Up to 50% off your food bill for unlimited visits at hotels around Singapore
S$321 annual fee
S$60,000
Get a free Samsonite luggage (worth S$600) and 1-night stay at Swissotel The Stamford Singapore (worth S$529) when you pay the annual fee in the first statement and spend S$4,500 in the first 3 months. T&Cs apply. Ends 31 March 2020.
Maybank Business Platinum Mastercard
Earn 1 TREATS Points per dollar spent
S$0 annual fee for 2 years - S$180 thereafter
N/A
Get up to S$1 million in Travel Accident Insurance when you purchase flights or travel packages using your card.
Maybank eVibes Card - The Student Card
Earn 1% cash rebate on all spend
S$0 annual fee for 2 years - S$20 thereafter
Get an Adidas wristwatch worth S$120 when you use your card in the first month. Offer limited to the first 500 successful applicants.
Maybank Platinum Visa Card
Up to 3.33% cash rebates on local spend
S$0 annual fee for 3 years - S$80 thereafter
S$60,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.
Maybank Family & Friends Card
8% cash rebates on groceries, dining, transport and selected merchants with S$800 min. monthly spend
S$0 annual fee for 3 years - S$180 thereafter
S$60,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.
Maybank Manchester United Platinum Visa Card
Receive a 10% discount at United Direct Online Megastore and 5 TREATS Points for every dollar spent when Manchester United wins a Premier League match.
S$0 annual fee for 2 years - S$80 thereafter
S$60,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.
Maybank DUO Platinum Mastercard
5% cash rebate on petrol in Singapore and Malaysia and 1.5% cash rebate in foreign currency.
S$120 annual fee
S$60,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.
Maybank FC Barcelona Visa Signature Card
1.6% unlimited cash rebate on all local spend
S$120 annual fee
S$60,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.
Maybank Visa Infinite Card
Earn up to 5X TREATS Points (2 air miles) for every S$1 spent on foreign currency transactions, 3X TREATS Points (1.2 air miles) for every S$1 spent on local spend,
S$0 annual fee for 1 year - S$600 thereafter
S$150,000
Get up to 8 complimentary single-trip airport limousine transfers. T&Cs apply. Ends 31 Dec 2020.
Maybank Horizon Visa Signature Card
Up to 3.2 Air Miles (8X TREATS Points) for every S$1 spent on dining, transport and hotel bookings via Agoda.com/horizon
S$0 annual fee for 3 years - S$180 thereafter
S$60,000
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.
Maybank World Mastercard
10X TREATS Points (4 air miles) on every S$1 spent at selected merchants.
S$0 annual fee for 1 year - S$240 thereafter
N/A
Receive an American Tourister Linex 66/24 Luggage TSA (worth S$260) when you charge to your card or withdraw from your CreditAble account with a minimum of S$300 within the first 2 months.

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What you’ll find in this guide

Should you get a credit card in Singapore?

If you’re currently living in Singapore or moving to Singapore soon, here are a few questions you should ask yourself:

  1. How long will you be living in Singapore?
    The the most important factor in whether or not you should get a Singaporean credit card is the amount of time you plan to spend in the country. If you plan to move to Singapore more long term, a local credit card can offer you more rewards, local deals and discounts than a foreign card. However, if you will be in Singapore for one year or less, it might not be worth getting a Singaporean card. Instead, consider taking out a card in your home country with no foreign transaction fee.
  2. How often will you return home?
    If you plan to fly back home frequently, consider using a card from your home country. Most Singaporean credit cards have foreign transaction fees, which means you’ll be charged more for every purchase you make at home. Also, if you already have a frequent flyer or air miles credit card, it might make more sense to book flights on that card to help you collect additional miles and rewards.
  3. What type of credit card do you currently have?
    Using a local card in Singapore could save you money, but if you already have a card that offers high rewards rates and no foreign transaction fees, you might find you don’t need a new card.

What are the eligibility requirements for getting a credit card as a foreigner?

You can use the following list as a guide to the general conditions you should meet before applying for a Singapore credit card as a foreigner.

  • black-cards-250x250Age. You must be at least 21 years of age to apply for a credit card in Singapore.
  • Employment. You must have employment in Singapore or proof of upcoming employment in Singapore at the time of your application. You may also have to supply details of your most recent previous employer/s. It is recommended that you get official, written confirmation of your employment contract, including details of your salary to verify these details.
  • Income and assets. You must have a regular income taxable in Singapore to apply for a credit card. Minimum income conditions also apply for some cards. In Singapore, foreigners require a higher income than local Singaporeans to apply for a credit card, generally in the range of S$40,000 to S$45,000 against S$30,000 for locals.
  • Monthly expenses. You will be asked to provide details of your monthly expenses, including rent and boarding costs. You may also be asked to supply written documents to support this information.
  • Passport. You will have to supply your passport number and/or a certified copy of your passport for the application.
  • Visa status. You must have a valid, eligible visa. Depending on the credit card issuer, you may need to have a minimum amount of time left on the visa to apply (e.g. two years before expiry).
  • Address. You must have a residential address in Singapore to apply for a credit card.
  • Bank account. You must have applied or opened a bank account in Singapore to get a credit card.

It’s important to remember that eligibility requirements depend on the issuer and the credit card you apply for. But being prepared with all of these details will help you speed up the application process.

What else do I need to know before I apply for a credit card in Singapore?

Credit card issuers may consider individuals with no permanent ties to Singapore as a risk for any type of credit product. So, make sure you consider the following when choosing a bank and credit card to apply for:

  • Unexplained denials. Singapore credit card issuers that offer credit cards to foreigners/ pass holders reserve the right to decline applications without giving you a reason.
  • Reference checks. You may be asked to supply names and contact information for Singapore residents who can confirm the details you provide on your application. This could include the person who you rent your home from, your employer or any other individual that you have financial obligations with.
  • Utility bills. Your Singapore payment history with utility companies (such as phone or electricity companies) may also be reviewed to check for late payments or defaults. If you want to qualify for a credit card in Singapore as a foreigner, you should ensure that you have excellent financial history while you are here.
  • Low credit limits. As a foreigner, you may be granted a credit card with a lower credit limit than you would normally expect. If you use the card regularly and make your repayments on time, you may be able to apply for a credit limit increase at a later date.
  • Card costs. Most credit cards in Singapore charge an annual fee. Depending on the card you choose, you could pay anywhere from S$100 to S$400 or more every year the account is active. Singaporean credit card interest rates can also be very high if you don’t completely pay your account off by the due date on your statement. Remember to consider these costs before you choose a card so you can find one that suits your budget.

The credit card application requirements that you must meet as a foreigner differ between different banks and providers. So, it’s a good idea to discuss your individual circumstances with your chosen provider before you apply for a card. Taking this step will give you the most accurate information possible and increase your chances of approval for your chosen card.

What about my credit history?

Credit card issuers in Singapore only consider your credit history in this country. This means if you have an excellent credit rating overseas (or a bad credit rating) or in your home country, it won’t impact on your application for a credit card in Singapore.

However, as a foreigner, you may not have many details on your Singapore credit file, so it’s important to make sure all the additional information you provide is as accurate as possible to help improve your chances of approval.

Advantages and disadvantages of getting a credit card as a foreigner or pass holder

Pros

  • Build your credit. If you plan to become a permanent resident, getting a credit card as a foreigner will help you build your Singapore credit history.
  • Flexible payments. A Singapore credit card will allow you to make purchases in local stores using credit, which you can then pay off in full or over time.
  • Increased borrowing power. It may be easier to get approval for personal loans, including car loans if you already have a credit card issued by a Singapore bank.
  • Other types of credit. Once you have a Singapore credit card, it could be easier to enter into other financial contracts, such as a mobile phone plan, or utilities for your residence.

Cons

  • Limited availability. Not all financial institutions offer credit cards to foreigners, and those that do may not offer all of their products to you.
  • High rates and fees. To compensate for your residency status, you may find that you have to pay higher rates or fees for the privilege of having a credit card.
  • Income requirements. With no credit file to refer to, many banks have strict income requirements to help offset the risk of lending to you.
  • Credit history. If your application for a credit card is declined, it may negatively affect your credit history here.

When you’re looking at getting a credit card for foreigners in Singapore, remember that the application requirements and eligibility could be different from what’s listed for permanent residents and Singaporeans. Make sure you compare cards based on their features and fees so that you can find one that suits your budget and needs while you’re living in Singapore.

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