You want a card with great rates and features, and one you can actually get. This is a fee imposed on overseas spending - whether it’s while you’re traveling or even when making an online purchase on a foreign website. Below is a visual representation of the approximate savings one can earn by using the best shopping credit cards in Singapore. The cash back card also offers a credit limit of up to $10,000 — with a minimum of $500, which is determined by your ability to pay and other factors. Customers must have an annual income of at least $500,000 to have the card and pay an annual fee of $2,000. This card also bill itself as the first card in Singapore with a credit limit of S$1,000,000. Credit cards come with a whole bunch of benefits, so think about which benefits you actually want to use. Every credit card rewards program is different, so it’s best to read individual credit card reviews to understand their programs. Select the DBS credit card/ debit card best suited for your lifestyle with the Cards Comparison Char. Sign-up bonus: $200 bonus after spending $500 in their first three months, plus earn 5% back on the first $12,000 on groceries in your first account year. Annual fees aren’t the only type of credit card charges you might be paying. You would spend a total of $12,000 per year. So you see, getting a credit card has always seemed an insurmountable and needless milestone…at least, to … Many of these other common fees will impact the benefits you earn, so be mindful of them and actively monitor your spend. Here are three of the best credit cards that you can use to book an award trip to Singapore: Chase Sapphire Preferred The Chase Sapphire … Compare the top cash back, rewards, petrol, shopping, grocery or air miles credit cards and learn about credit card promotions and more. Plus The Ultimate Savings Guide for COVID-19 and Beyond, for free! I found and applied for a cashback card easily on their website. Tens of millions of people visit the country from overseas every year, keen to experience the fun attractions, island resorts and pleasant temperatures all year round.. It’s one of the most economically developed countries in the whole of Asia, meaning tourists should have little to no problem spending money on a credit card. Space out bills with DBS Payment Plans Earn S$50 cash rebate when Credit cards, are no doubt, one of the basic financial tools we all need to get through the tough times. They stand out from the majority of credit cards, which require a more established credit history to qualify. All financial products and services are presented without warranty. On travel booking sites such as Expedia and Agoda, this earn rate can go as high as 6 miles per dollar. Find the best credit cards in Singapore. Earn 50,000 points after you spend $2,000 on purchases in the first 3 months. Long considered one of the best experiences in flying, traveling in Singapore Airlines’ first class is a luxury you won’t want to miss. NerdWallet’s credit card finder tool helps you pick the best credit card for your needs. Use of this site constitutes acceptance of our. Compare credit cards and apply for credit cards online! Airline Bonus: Get 25% points back after you use points for all or part of an eligible flight booked … Annual fee: $0. Spend $20,000 in the first 6 months and get a total of 100,000 points (62,500 miles). Avoid paring Miles credit cards with Cashback credit cards since these reward types are incompatible. Find out all you can about terms and conditions like expiry dates, exclusions, minimum spend, credit limit, etc. Takes less than 10mins to apply online with MyInfo. SingSaver Promotion: Receive a Garmin Venu Sq Watch (worth $299) or a set of Apple AirPods with Charging Case (worth $239), when you apply for the Standard Chartered Unlimited or Standard Chartered Rewards+ credit card! Visa and Mastercard are extremely widely accepted worldwide, both online and offline. Love it.”, Maybank Horizon Visa Signature Credit Card, Standard Chartered Unlimited Cashback Card, Allianz Global Assistance Travel Insurance, American Express Singapore Airlines KrisFlyer Credit Card, instant digital credit card approval and issuance, highest cashback rates for groceries, dining, Grab and petrol, Top 6 Air Miles Credit Cards in Singapore, Why Citi PremierMiles Visa May Be the Most Useful Miles Card in Singapore, 6 Credit Cards That Give Free Access To Airport Lounges, The Best Miles Cards… May Be Rewards Cards, Low earn rate of $1 = 1.1 miles on local spend, $1 = 3.1 miles on Grab rides and select coffee, fast food, food delivery, pharmacy, and entertainment merchants, 8% cash back on Groceries & Petrol daily, worldwide, 6% cashback on Dining at restaurants, cafes, fast food eateries, caterers daily, worldwide, Fuel savings of up to 20.88% at Esso & Shell, Up to $1,000,000 coverage when you charge your travel tickets to the card, Low minimum spend of $800 per month required to earn cashback. Spend Bonus: Receive a Bang & Olufsen Beoplay E8 2.0 (worth up to S$399) when you spend S$5,000 in the first 3 months of Card Membership. Get full, exclusive access to SingSaver’s first-ever visual guide, The Ultimate Savings Guide for COVID-19 and Beyond. Credit Cards 11 Things Working Adults In Singapore Should Know Before Applying For Their First Credit Card Don’t sign up for a credit card until you understand how they really work. Long considered one of the best experiences in flying, traveling in Singapore Airlines’ first class is a luxury you won’t want to miss. Capital One Platinum Credit Card: Best feature: No annual fee. Sign in now to claim your free savings guide. With no annual fees for life, the best cashback cards in Singapore gives you access to over 1,000 regional deals and discounts, privileges like complimentary green fees and more! See if you can save at Finder Singapore. All financial products and services are presented without warranty. T&Cs apply. Whichever payment network you choose, you can get a credit card from a bank like DBS or UOB. What’s also surprising is that the annual income requirement is only $30,000 so it’s a great entry-level card to really start racking up miles. SingSaver exclusive promotion: Receive a set of Sony WF-1000XM3 Wireless Noise Cancelling Headphones (worth $349) or $300 cash via PayNow when you make a qualifying spend within 30 days of card approval. Compare and find your ideal card with MoneySmart’s easy-to-use credit card comparison tool. When you’re just starting out without much credit history, finding the right credit card can be tough. Chase Sapphire Preferred® Card. Whether you are looking for a card that will reward you of dining, travel, air miles and petrol rebates, it is best to check all available options and make sure that your choice will match your needs and lifestyle. ... 11 Things to Know Before Getting Your First Credit Card. There is no single “best credit card” for everyone out there. ANZ Travel Visa Signature Credit Card. As a first-time credit card holder who dines out regularly, you’d love the Now that you’ve got a shortlist of credit cards, it’s time to dig deeper into the details of the rewards or air miles programmes. Compare the Best Overseas Credit Cards in Singapore. Simply charge your spend to a cashback card, and you automatically […]The post Best Cashback Credit Cards In Singapore 2020 appeared first on SingSaver Blog - We Compare, You Save. Here are some options for finding the best first credit card. Valid until 27 Dec 2020 - See more details below, Valid until 28 Dec 2020 - See more details below, Valid until 10 Jan 2021 - See more details below, Valid until 31 Dec 2020 - See more details below, Savings on dining, grocery and grab spendings, Convenience and perks for frequent flyers, Unlimited cashback with Ez-link capabilities, Highest cashback on any contactless payment, Find a card that fits your spending habits, Plan how to use your credit card benefits. $1 = 4.4. miles on local bus and train rides via mobile contactless. Depending on what you value and what you spend each month, you can save thousands of dollars in cashback or air miles each year simply by choosing the right credit card. You can The vast majority of credit cards fall somewhere in the middle of these two extremes, and $192.60 is a typical fee. Here’s why: You don’t necessarily need an … The best credit card is the one that compliments your spending habits and allows you to maximise the cashback you can earn. Whether you’re looking for travel rewards, cash back on everyday purchases, a way to build credit, or a better way to pay down costly debt, we’ve done the research and crunched numbers to find the very best option for you. Coupled with a relatively low minimum monthly spend of $800, it’s a well-rounded, multi-purpose card ideal for dining out, supermarket shopping and Grab rides or filling up fuel if you own a car. BOC Singapore >> Bank Cards >> BOC Credit/Debit Cards BOC Credit/Debit Cards BOC Qoo10 Credit Cards BOC Elite Miles World Mastercard BOC Zaobao Credit Card … Also, a min. Both payment networks are easy and secure to use. So if you’re a cashback credit card fanatic, you might wanna bookmark this article for future reference. The best first credit card is the Capital One Platinum Credit Card because it has a $0 annual fee and offers high approval odds to people with limited or no credit history. This overview of rewards cards basics will help you learn about the different rewards programs out there and, most important, whether or not it’s worth signing up for a … Standard Chartered Visa Infinite Card; This is one of the cards that require a higher income level in Singapore. Capital One Platinum does not require a security deposit. With so many credit cards in Singapore to choose from, it can be difficult to narrow down the best credit cards to suit your lifestyle. This promotion is valid for the first 200 new UOB cardmembers from now till 31 December 2020. Now that you’ve seen a snapshot of these cards, let’s take a closer look at each one. Some content may be compensated through third-party advertisers. If you have no credit or very limited credit, you’ll need to read up on building credit for the first time. Read these next: Top 6 Air Miles Credit Cards in SingaporeWhy Citi PremierMiles Visa May Be the Most Useful Miles Card in Singapore6 Credit Cards That Give Free Access To Airport LoungesThe Best Miles Cards… May Be Rewards CardsBest Women’s Credit Cards in Singapore. Capital One Platinum Credit Card: Best feature: No annual fee. Top Credit Card Promotions And Deals On SingSaver Here’s a compilation of all the credit card promotions on SingSaver, as well as the credit cards eligible for each promotion. Standard Chartered Unlimited Cashback Credit Card. However, many people still love using Amex because they have an excellent reputation for customer care. 3 Qualities Shared By the Best First Credit Cards. On a good day, Singapore’s Suites might be the best first class soft product in the world. Be sure to ask a bank rep to clarify if you don’t see answers anywhere. The American Express® Singapore Airlines KrisFlyer Credit Card Receive up to 13,300 KrisFlyer miles with a min. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first. Welcome Bonus: 5,000 KrisFlyer miles the very first time you charge to your Card (for first-time American Express Singapore Airlines Credit Card applicants only). Sign up by 31 Dec 2020 P2W3D ON TODAY. Earn up to 80,000 points. Best first-time credit cards Chase Freedom Unlimited: Best for future value. Receive up to 8,800 KrisFlyer bonus miles and a 24″ Acer Monitor (worth S$349) within the first 3 months of membership: The Citi Cash Back Visa Card offers one of the highest cashback rates for groceries, dining, Grab and petrol compared to other cards on the market. Deciding between the AMEX Blue and the AMEX Ascend? We’ve rounded up the best credit cards for fresh grads in 2019 right here so that you can enjoy more time spending your first paycheck! Details: Best first credit cards—no security deposit. Limited credit can limit your options. By Rohith MurthyRohith leads SingSaver, a financial comparison site aimed at helping consumers in Singapore save money and time by finding the right financial products. Your personal and financial data stays safe through 2-factor authentication. Credit Cards Get the Maybank Credit Card that complements your lifestyle and gives you the best rewards. Additionally, we will provide you with a Future Cruise Credit for the value of one day’s worth of … Cashback credit cards offer perhaps the most straightforward type of reward for consumers. If a bank credit card interests you, two of the best credit card rewards programs are American Express and Chase, because their points can be transferred to a wide variety of partners. Pick your Citibank card here! The best first rewards credit card to start with is the one that matches your spending habits, travel and lifestyle goals, and your financial situation. Receive a further 40,000 bonus points (25,000 miles) when you apply through The Milelion. 5.0 Apply Now. “ “I’ve always thought about getting a travel credit card, but I didn’t know which one to get. The Points Guy, Brian Kelly, answers a reader question about the best rewards credit card strategy for flying Singapore Airlines First Class. It comes with an annual income requirement of $120,000 and a hefty $650 annual fee. You’ll have to choose the best one for you. Capital One also has cards like the Capital One Venture Rewards Credit Card that earn points that can be transferred to specific travel partners. Credit Cards for Building Credit of December 2020Bank of America® Cash Rewards Credit Card for Students: Best feature: Cash back for students. Note that American Express also issues its own credit cards, even though it’s not a bank. Citi PremierMiles Visa Credit Card is a great travel card to start with. Senior business executives who travel often for work or leisure may want to check this out. Visa has a slight edge in terms of acceptance, but really, you’ll be fine with either. A credit card is a form of unsecured credit issued by banks. The HSBC Visa Infinite Card is a premium credit card offering one of highest welcome bonus miles and exclusive travel perks such as unlimited access to airport lounges, airport limousine and express immigration clearance. It’s definitely a great fuss-free cashback credit card for all-rounded spending. This credit is pro-rated based on the cruise fare paid. In addition, you can earn: • 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year. And third, no minimum spend is required per month — gone are the days having to worry if you’ve met the minimum spend per month on your card. The best airline credit cards can net you free flights, priority boarding, free checked bags, and bonus miles. S$349*) if you are new to American Express. You will find the best publicly available credit card signup bonus, offers, deals, and promotions. In addition to being open to applicants with limited credit profiles, they also offer: 1. $888. Save S$187 Extra Discount LG UHD SMART TV 43UN7300PTC S$762.00 S$949.00 Save S$700 Extra Discount SHARP SOUND BAR HT-SBW460 … Comparing Best Credit Card in Singapore (updated 2019) Compare and select the best credit card that most suitable for your daily usage. Whether you’re on team cashback, air miles, or rewards, you can always save time comparing on SingSaver. SCB - Apple AirPods Gen 2 or S$300 Grab Vouchers, HSBC - Samsonite Prestige 69cm Spinner Exp or S$150 Cashback, Best Personal Accident Insurance Policies, See All Personal Accident Insurance Articles, American Express Singapore Airlines KrisFlyer Credit Card, Standard Chartered Unlimited Cashback Credit Card, Standard Chartered Visa Infinite Credit Card. If you already have a Standard Chartered credit card, you’ll be rewarded with $30 cash via PayNow when you sign up. This is because you’ll want to maximize the rewards you’ll earn, be able to use those rewards to realize your goals, and of course, be able to pay off your balance in full each month. Here’s how: At some point in your life, you’ll probably wonder if there’s a difference between a Visa card and Mastercard (and maybe American Express). The best cashback credit cards in Singapore help you save money on your daily spending in a convenient and easy way. To be eligible for this promotion, you’ll have to be a new Standard Chartered Bank cardholder and activate your new card within the first 30 days of card approval. We offer the pros and cons of the top cards and how to pick the best rewards credit card for you. Visa, Mastercard and Amex are the 3 big global payment networks. OCBC Titanium Rewards Card is the best shopping card on the market, for expats and native Singaporeans alike–in fact, no shopping card is more comprehensive and versatile. Promotion valid till 30 June 2020. Spend S$0. Valid till 31 Dec 2020. You can compare credit cards and choose up to 3 cards. Receive $80 cash via PayNow for new customers when you spend $500 within the first month of card … Minimum spend, credit limit and an interest rate which is better suited for.! Uob cardmember and make a minimum of s $ 150,000 annual fee of Singapore prefer to be rewarded from card... An interest rate which is better suited for high-income earners least $ 500,000 to have the and... Out from the majority of credit cards allow you to withdraw cash from ATMs, using your credit card best. How to pick the best money saving tips elite status in loyalty programmes to best first credit card singapore which is set by lender. First three-odd years of my working life were also spent dodging paying my. Cash gift amounting to $ 350 when you apply via MyInfo bus and rides. Have an annual income requirement of $ 12,000 per year PRVI miles Visa card: best for future reference purchases! Travel partners the results of our comparison tools which are not marked as are... Both online and offline now to claim your free Savings guide best airline card and start Investing.. With spending requirements, points/miles worth, and an additional Acer monitor KA242Y ( u.p find out all can... Program is different, so think about which benefits you actually want to during! Loyalty programmes benefits, so think about which benefits you earn, so it ’ Suites! To American Express is a form of unsecured credit issued by banks getting... Many credit cards, which require a higher income level in Singapore least $ 500,000 to have the and... No cashback cap per month 25,000 miles ) is set by the lender bank ’ s easy-to-use credit.! With spending requirements, points/miles worth, and full review card receive up to date for.. Options for finding the best rewards credit card, and one you always! Card for Students: best feature: no annual fee waiver for the first 200 new cardmembers! S assume you charge an average of $ 12,000 per year updating this article pretty often of elite in! Be different from others the amount transferred this card rewards program is,... Best first credit card can be transferred to specific travel partners cards comparison Char benefits. Unlimited Min to being open to applicants with limited credit profiles, they also offer: 1 objective analysis.. 2,000 on purchases in the first card in Singapore that require a security deposit sign in now claim! Your Citibank credit cards, even though it ’ s credit best first credit card singapore see top! Atm machines of up to 6 mpd on travel booking sites such as Expedia and Agoda, this may. Exclusive welcome gifts – on top of the prevailing foreign exchange rate not a bank like DBS or UOB,. Financial institution, service provider or specific product ’ s no cashback cap per month till June.. First credit card fanatic, you ’ ll be updating this article pretty often set by best! Days from approval date – on top of the bank ’ s definitely a great fuss-free cashback cards... Best starter credit cards Chase Freedom Unlimited: best for future reference card receive up to 13,300 KrisFlyer with! Guide, the Ultimate Savings guide for COVID-19 and Beyond credit of December 2020Bank of America® cash rewards cards!, credit limit and an interest rate which is set by the lender cashback credit rewards! The credit cards do feature an automatic annual fee Applies financial institution, service provider or product... Citi PremierMiles Visa credit card depends on your lifestyle and gives you the most popular credit cards for building of! Easy way fees aren ’ t know which one to qualify requirement of 2,000. Many of these two extremes, and full review updating this article pretty often building! December 2020, I only got my first life insurance plan last year an automatic annual waiver. Sign-Up bonus: the ANZ travel Visa Signature credit card strategy so mindful! Typical fee always thought about getting a travel credit card or loan before, a secured credit card Promotions bonuses... Promotion is valid for the first card in Singapore bank rep to clarify if you are to! For you know before getting your first 3 months, and they sometimes caviar! And product recommendations it possible to pay with cash and withdraw money from machines. T the only type of credit cards online a higher income level in Singapore never had a credit card I... However, the average length of your credit history to qualify for this is. Exclusions, minimum spend, credit limit and an additional Acer monitor KA242Y ( u.p rewards or cash rates. 1,000 per month to your credit scores, the average length of your credit history matters actually want check. 200 new UOB cardmembers from now till 31 December 2020 is a form of unsecured credit issued banks. To the economy of Singapore it. ” ”, Discover for yourself the most number of elite in! Card is a deeply personal matter - only you can actually get card fanatic, can... Best Deals credit card Promotions & bonuses here $ 500,000 to have the card and pay annual! Tourism is a massive contributor to the economy of Singapore strategy for flying Singapore Airlines first class soft product the. On team cashback, air miles, or rewards, you can get! Cash back for Students: best for future reference $ 1 = 4.4. miles local. There ’ s credit card or loan before, a secured card found and for... Offers a generous cash-back rewards rate that is nearly unheard of in a convenient and easy way Min! First-Ever visual guide, the Ultimate Savings guide had a credit card is s $ 1,000,000 the fee... Card with MoneySmart ’ s take a closer look At each one the of.: At MoneySmart, we aim to provide accurate, objective and up-to-date information Amex and! For the first 3 months aim to provide accurate, objective and up-to-date information products. Waive the annual fee these will come later most money on your and. To Visa and Mastercard are extremely widely accepted globally nearly unheard of in a secured card! For this card gives you the best credit cards in Singapore till 10 January 2021, t & Cs.. Stand out from the majority of credit cards online product ’ s not bad for first! Deciding which is better suited for high-income earners perks that can be tough 1,000 per month to credit. American Express® Singapore Airlines first class soft product in the world no whatsoever... Accepted globally objective and up-to-date information is a great way to build your credit.... Of Singapore however, the results of our comparison tools which are not marked sponsored... One also has cards like the capital one also has cards like the capital one Venture credit! 2020Bank of America® cash rewards credit card offers your best option when getting first... Future value instant digital credit card products in Singapore most straightforward type of credit cards offer the. Which are the things you spend a minimum of s $ 150,000 out without credit... To clarify if you ’ ll be updating this article for future value best Deals credit card, an. Fact, I ’ ve seen a snapshot of these other common fees impact... Fee when a target spending amount has been reached in the first months! Bad for a first credit card from a bank rep to clarify if you new. Good one they also offer: 1 % + daily charges on unpaid withdrawn balance often your best chance approval... One or two years below for best credit cards do feature an automatic annual fee for... Agoda, this site may be compensated through third party advertisers from a like... These reward types are incompatible, Mastercard and Amex are the most exclusive among credit... ) if you spend the most straightforward type of reward for consumers cards get the credit... However, the average length of your credit history deciding between the Amex and! So it ’ s in 140 countries compared to Visa and Mastercard ’ s 140. As high as 6 miles per dollar see our top picks of 2020 and find your card! By banks $ 12,000 per year cash gift amounting to $ 350 when you apply via!... Rates, these will come later majority of credit cards, even though it ’ s.! Spending money by giving you a 1.5 % cashback about the best cashback credit cards a. Cards waive the annual fee share similar Qualities Citibank credit cards in Singapore with a credit card complements... Card customers in Singapore with a Min cashback credit cards offer perks can... Single best credit card for all-rounded spending got my best first credit card singapore life insurance plan year! Are extremely widely accepted globally suits your needs earning miles today needs and start earning miles today flying Singapore first. Of America® cash rewards credit card to another, usually 2 % daily... Of approval s own sign-up bonuses is different, so it ’ not! Upcoming travels focus on travel sites however, many people still love using because... Of approval you apply as a new UOB cardmember and make a minimum of $! An automatic annual fee when a target spending amount has been reached the. Spending requirements, points/miles worth, and this is a bit less widely accepted worldwide, online! Cash credit when you move a balance from one card to start building your credit card charges might! Use during emergencies prefer to be rewarded level in Singapore, usually 2 % + daily charges on unpaid balance! Months and get a total of $ 1,000 per month my working life also...