Credit card promotions

Compare introductory promotions including free gifts, cashback offers, bonus points and reduced annual fees to find the best credit card for you.

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A credit card promotion can help you get more value from a new credit card by giving you the chance to save on rates and fees, earn more points or get free gifts or cash back into your account. These offers are usually only available for a limited time. To find the right credit card promotion for you, it’s important to consider details of the offer, the card’s standard fees and rates and any specific requirements you’ll need to meet to receive the promotion.

We’ll help you compare credit card promotions and choose the credit card that works best for you.

Standard Chartered Rewards+ Credit Card

Standard Chartered Rewards+ Credit Card

Get up to S$80 cashback when you apply and get approved

Offer ends 31 December 2019

Eligibility criteria, terms and conditions, fees and charges apply

Standard Chartered Rewards+ Credit Card

Apply today and earn up to 10X rewards points for every S$1 spent in foreign currency.

  • Principal Annual Fee: S$0 annual fee for 2 years - S$192.60 thereafter.
  • Cashback Rate: 0%
  • Annual Interest Rate: 26.9%
  • Minimum Income (Singaporean & PR): S$30,000
  • Minimum Income (Non-Singaporean): 60000.000000000000000000000000000000
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Compare credit card promotions

Name Product Balance Transfer Rate Reward Annual Fee Min Income - Singaporean and PR

Compare up to 4 providers

Name Product Balance Transfer Rate Reward Annual Fee Min Income - Singaporean and PR
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
Get a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. Ends 31 December 2019
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
Receive a welcome gift of S$120 cash back when you spend S$1,200 in the first 3 months. Ends 31 December 2019.
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
Receive 30,000 Citi Thank You points when you spend S$3,000 in the first 3 months. Ends 31 January 2020.
2 Citi Miles for every S$1 spent overseas, 1.2 Citi Miles per S$1 spent locally with no minimum spend and 1.5 Citi Miles per S$1 spent locally with minimum spend of S$3,000 per statement month.
S$0 annual fee for 1 year - S$192.60 thereafter
S$30,000
Receive 40,000 miles when you spend S$9,000 in the first 3 months and pay the annual fee. Ends 31 January 2020.
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
Receive a welcome gift of 62,500 Citi ThankYou Points (25,000 Miles). Ends 31 December 2019.

Compare up to 4 providers

Name Product Balance Transfer Rate Reward Annual Fee Min Income - Singaporean and PR
2.50%-4.88%
Up to 5% cash rebate on groceries, fuel and dining
S$0 annual fee for 2 years - S$192.60 thereafter
S$30,000
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. T&Cs apply. Ends 31 Dec 2019.
2.5%-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
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. T&Cs apply. Ends 31 Dec 2019.
2.5%-4.88%
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$30,000
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. T&Cs apply. Ends 31 Dec 2019.

Compare up to 4 providers

Name Product Balance Transfer Rate Reward Annual Fee Min Income - Singaporean and PR
Earn 1 TREATS Points per dollar spent
S$0 annual fee for 2 years - S$180 thereafter
S$30,000
Get up to S$1 million in Travel Accident Insurance when you purchase flights or travel packages using your card.
Earn 1% cash rebate on all spend
S$0 annual fee
N/A
Get an Adidas wristwatch worth S$120 when you use your card in the first month. Offer limited to the first 500 successful applicants.
Up to 3.33% cash rebates on local spend
S$0 annual fee
S$30,000
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.
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$30,000
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.
Receive a 10% discount and 10 TREATS Points for every S$1 spent at United Direct Online Megastore
S$0 annual fee for 2 years - S$80 thereafter
S$30,000
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.
5% cash rebate on petrol in Singapore and Malaysia
S$0 annual fee for 3 years - S$120 thereafter
S$30,000
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.
1.6% unlimited cash rebate on all local spend
S$120 annual fee
S$30,000
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.
Earn up to 5X TREATS Points (2 air miles) on all 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 2019.
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$150 thereafter
S$30,000
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.
10X TREATS Points (4 air miles) on every S$1 spent
S$0 annual fee for 1 year - S$240 thereafter
S$80,000
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.

Compare up to 4 providers

Name Product Balance Transfer Rate Reward Annual Fee Min Income - Singaporean and PR
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
Get S$80 cashback with activation of card within 30 days upon approval. Existing cardholders will receive S$20. Ends 31 Dec 2019.
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
Get S$80 cashback with activation of the card within 30 days upon approval. Existing cardholders will receive S$20. Ends 31 Dec 2019.
Up to S$60 cashback monthly with no minimum spend
S$0 annual fee for 2 years - S$192.60 thereafter
S$30,000
Get S$80 cashback with activation of card within 30 day upon approval. Existing cardholders will receive S$20. Ends 31 Dec 2019.

Compare up to 4 providers

How do credit card promotions work?

Most introductory offers are only available to new customers who apply and are approved for a specific credit card during the promotional period. These credit card deals usually offer extra value to you in the form of low or 0% interest rates, waived annual fees or bonus points.

The benefits of introductory offers only last for a limited time. For example, any promotional interest rates or fee discounts revert to standard features after the promotional period. Bonus points, on the other hand, only last until you use them or they expire. Depending on the credit card, you may be able to take advantage of more than one of these offers at a time.

Understanding how credit card offers work and considering both the introductory offer and the ongoing card features means you can choose a card that offers you value now and in the future.

What types of introductory credit card offers can I get?

There are several different types of introductory credit card promotions. Check out some of the most popular options in Singapore below:

Bonus points

  • Reward points. Many rewards credit cards include bonus points when you apply and are approved for the card. Bonus points offers are usually only available when you apply by a certain date and meet the spend criteria so may need to spend a certain amount within a specific period to collect the bonus points.
  • Frequent flyer points. Similar to bonus reward point promotions, many frequent flyer credit cards offer bonus points on sign up. Most cards offer KrisFlyer miles, but some also let you transfer bonus points to other programs such as Emirates Skywards, Qatar, Qantas or Asia Miles. Keep in mind, you’re usually required to spend a minimum amount within a set period to qualify for the bonus points offer.

Cashback

  • Cashback offers. Cashback credit cards offer you cash back when you get a new credit card. Like bonus point promotions, you usually need to spend a specific amount of money on the card before you can enjoy the cashback offer. For example, an offer might give you S$200 cashback if you spend S$500 in the first 3 months you have the card. Some cashback offers also require you to spend the minimum amount in a specific way, such as by making contactless payments.

Free gifts

  • Free luggage. Credit cards with free luggage have become increasingly popular in Singapore. Some credit cards with free luggage promotions also offer bonus miles as part of the introductory promotion.
  • Gift cards. Similar to cashback deals, some credit cards offer complimentary gift cards to new customers, usually for an affiliated store or brand. To be eligible, you usually have to apply during the promotional period and may need to enter a promotional code online.
  • Discounted purchases. Some credit cards may offer you a discount on specific transactions. For example, a frequent flyer credit card could offer 10% off flight bookings made with the affiliated airline during the promotional period.

Reduced annual fees and interest rates

  • Credit cards that offer 0% interest on purchases. Purchase rate offers help you save on your spending by giving you a low or 0% interest rate during the introductory period. At the end of the introductory period, the promotional rate reverts to a standard interest rate that applies. To get the most out of low or 0% purchase rate deals, pay off charges before the end of the introductory period.
  • No annual fee credit card offers. This type of introductory offer waives the annual fee of the credit card for a promotional period (usually the first 12 months). You usually need to apply before a specific date to enjoy a no annual fee introductory offer. After the introductory period, the standard annual fee will be applied to the account.
  • Credit cards offering reduced annual fees. Instead of waiving the annual fee completely, some credit cards offer a reduced annual fee for a promotional period. The reduced annual fee usually only applies for the first year, and you may be required to meet a minimum spend requirement or apply before a specific date to take advantage of the lower annual fee.
What about dining promotions?

Credit cards with dining promotions offer users discounted meals up to 50% off and 1-for-1 buffet deals at hotels and restaurants around Singapore. Dining promotions are very popular in Singapore but they are not the same as introductory promotions. These promotions change regularly and have relatively quick expiration dates. However, new promotions come out regularly, allowing card users to take advantage of deals at different restaurants and hotels. For more information, check out our guide to dining credit cards.

How to compare credit promotions

To compare credit card promotions, consider the promotional offer, the interest rates, the fees and charges and any rewards and extras that come with the card. Thinking about the following factors will help you find an introductory offer that suits your needs in the short-term and a credit card that fits your circumstances in the long-term.

Promotional offers

Interest rates

Fees

Rewards and extras

What’s the catch?

smartphone-credit-card-250x250-ShutterstockWhile credit card introductory offers can help you get more value from your card, there are some mistakes to avoid to ensure the card costs don’t outweigh the benefits of the offer. Here are some of the ways you can avoid common mistakes:

  • Read all offer terms and conditions. Introductory offers have specific eligibility requirements you have to meet, so make sure you understand the fine print before you apply
  • Check spending requirements. Some cashback and bonus point offers require you to spend a minimum amount in an introductory period of a few months. It could be as little as S$100 or as much as S$10,000 depending on the card, so it’s important to check before you apply to make sure you can afford to take advantage of the offer.
  • Don’t waste the promotional offer time period. With a balance transfer or purchase rate offer, the promotional period (such as 12 months) will begin as soon as you apply for the card, rather than when you make the transfer or your first purchase. To avoid wasting the valuable offer, make sure you start consolidating your debt or paying off your purchases as soon as possible to take advantage of the full offer.
  • Look at the ongoing features of the card. While introductory offers can give you short-term benefits, the standard features of a credit card determine its ongoing value. Always check these features before you apply for a credit card to decide if it’s worth it for you.
  • Check the end date of the offer. To get a specific credit card offer, you must apply before the end of the promotional period. Regularly comparing credit cards can help you stay up-to-date with all the offers available when you’re considering a new card.
  • Consider if you want to use the card after the introductory period. If you decide you don’t want the card you applied for after getting an introductory offer, you could end up paying more credit card fees and adding to your debt. Make sure you consider this before you apply, choose an appropriate card, or cancel the account if you no longer want to use it.

How can I get a promotional credit card offer?

You usually have to meet specific requirements to be eligible for an introductory offer on a credit card. These conditions vary but typically include:

  • New customers. You must be a new credit card customer, with no existing credit cards issued by the company you’re applying with. For example, if you have a credit card issued by American Express, you likely won’t be eligible for Amex introductory offers.
  • Credit card approval. You must apply and be approved for the credit card by a certain date in order to take advantage of the introductory offer.
  • Application dates. Some promotional offers may only be available to applicants who apply and are approved by a set date.
  • Spend requirements. When there are bonus points offer available, often you’ll be required to meet a spend requirement by a set date to receive the points.

Before you apply for a card with an introductory offer, make sure you fully understand these terms and conditions to ensure you can get the full value from the offer.

Compare cards with introductory offers and apply securely

Frequently asked questions

Here, you’ll find answers to some of the most common questions about credit card offers.

Pictures: Shutterstock

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