Yahoo Finance Best Credit Card Promotions in Singapore (Dec 2023 – Feb 2024): Citibank, DBS, HSBC, UOB, and More
When it comes to credit card promotions these days, we’re spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple products, Nintendo Switches, ergonomic chairs, cold hard cash and other freebies on us.
But which are the best credit card promotions in Singapore? Here are our picks from Citibank, Standard Chartered, UOB, DBS, and more.
Best Credit Card Promotions in Singapore (Dec 2023 – Feb 2024)
An overview: Best credit card promotions in Singapore (Dec 2023 – Feb 2024)
Credit card | Credit card promotion | Minimum spend | Promotion valid until |
Citi Cash Back+ Mastercard, Citi Cash Back Card, Citi Rewards Card, Citi PremierMiles Card (★ all eligible for lucky draw) | Choose ANY gift from our Rewards Store with the 5,100 SmartPoints you’ll earn, including: | $500 (within 30 days) | 17 Dec 2023 |
$350 Cash OR 4,000 SmartPoints you can redeem for any of the following: | $500 (within 30 days) | 31 Dec 2023 | |
S$250 Cash OR 3,100 SmartPoints that you can redeem for a Nintendo Switch Lite (3,090 SmartPoints) or Apple AirPods 3rd Gen (2,720 SmartPoints). | $250 minimum spend within 30 days. | 31 Dec 2023 | |
Up to 45,000 miles (with payment of annual fee) or 35,000 miles (annual fee waived) | $3,000 spend within 2 months. | 31 Dec 2023 | |
S$250 Cash | $988 spend within 60 days. | 31 Dec 2023 | |
135,000 Membership Rewards points (sufficient for a Return Trip to Europe, the USA, or Canada) from Amex | $6,000 minimum spend and annual fee payment within 60 days | 28 Feb 2024 | |
American Express Singapore Airlines KrisFlyer Ascend Credit Card | S$300 eCapitaVouchers (S$150 eCapitaVouchers for existing cardholders) and up to 17,000 KrisFlyer miles | $1,000 spend and annual fee payment within 30 days | 13 Dec 2023 |
Up to 17,000 KrisFlyer miles | $1,000 spend within 30 days | 28 Feb 2024 | |
S$200 eCapitaVouchers (S$100 eCapitaVouchers for existing cardholders) | $1,000 spend and annual fee payment within 30 days. | 28 Feb 2024 | |
The American Express Singapore Airlines Business Credit Card | Up to 68,000 HighFlyer points (worth S$647) OR Samsonite Choca Spinner 68/25 Luggage (worth S$700) + 10,800 HighFlyer points (worth S$102) | $6,000 spend within 3 months | 28 Feb 2024 |
Up to 15% cashback and $350 cash credit | $1,000 spend/month for 2 consecutive months | 31 Dec 2023 | |
UOB Absolute Cashback Card ★ | $350 cash credit (first 200 new-to-UOB customers) | $1,000 spend/month for 2 consecutive months | 31 Dec 2023 |
UOB PRVI Miles Credit Card (MASTERCARD / VISA / American Express) ★ | Up to 50,000 Welcome Miles | $1,000 spend/month for 2 months, annual fee payment, and SMS registration | |
Up to 31,000 miles and first year annual fee of S$194.40 (inc GST) waived | $2,000 spend within 60 days | ||
 | $150 Cash / 3,990 SmartPoints (worth Titan V1 7 Speed Folding Bike 3, Apple Watch SE, or Apple AirPods Pro) OR | $500 OR $1,000 spend within 30 days | 12 Jan 2024 |
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DBS yuu Card (Visa / American Express) | $150 cashback (new cardmembers) or $60 cashback (existing cardmembers) | $300 spend within 30 days | 29 Feb 2024 |
$150 cashback | Apply with promo code 150CASH and spend $800 within 60 days. | 31 Jan 2024 | |
DBS Altitude Card (Visa Signature / American Express) | Up to 37,000 miles | $2,000 spend within 30 days | 31 Jan 2024 |
Up to 60,000 miles | $4,000 minimum spend and payment of annual fee within 30 days | 31 Jan 2024 | |
$200 cashback (New Cardmembers) or S$80 cashback (Existing Cardmembers) | $250 spend within 30 days | 31 Jan 2024 | |
$150 cashback | Apply with promo code 150CASH and spend $800 within 60 days. | 31 Jan 2024 | |
De’Longhi Icona Vintage Kettle and Toaster set (worth $298) / 28″ Samsonite MINTER Luggage (worth $640) or S$168 Cashback | $250 / $500 spend within 30 days | 31 Dec 2023 | |
Hinomi Q1 Ergonomic Chair (worth S$499) OR Apple AirPods 3rd Gen (worth S$261.40) OR S$280 Amazon SG Gift Card OR S$250 Cash | $500 spend within 30 days | 31 Dec 2023 | |
★ Lucky draw alert! With selected credit cards (denoted with ★ above), you’ll also stand a chance to win:
A Panerai Quaranta 40mm Black Dial PAM01294 Luxury Watch (worth S$8,700) OR
Up to 16,490 SmartPoints (redeem up to an iPhone 15 Pro, 256GB in our Rewards Store).
Eligible credit cards include cards from Standard Chartered, Citibank, CIMB, OCBC, and UOB. Check out the rest of our article below for more details. T&Cs apply.
Apply for selected HSBC credit cards and stand to win a Rolex Submariner Steel 124060 (worth S$16,000), Apple MacBook Air M2 15 inch (worth S$1,899) or a PlayStation 5 (worth $669). T&Cs apply.
1. Citibank credit card promotion
Looking to sign up for a new Citibank credit card? Well, you’re in luck! This month, Citibank credit card welcome gifts are coming with the ultimate flexibility—earn 5,100 SmartPoints and choose any gift at our Rewards Store, including:
Apple iPad Wi-Fi 9th Generation, 64GB (5,040 SmartPoints)
Sony WH-1000XM5 Wireless Noise Cancelling Headphones (4,990 SmartPoints)
Nintendo Switch OLED (5,000 SmartPoints)
Prefer cold, hard cash? You can also simply opt to receive $300 cash.
On top of these gifts, you’ll also stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) or up to 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) when you apply through MoneySmart!
All you need to do is sign up for one of the following Citibank credit cards via MoneySmart and spend $500 within 30 days.
There are 4 Citibank credit cards on promotion. Our top pick is the Citi Cash Back+ Mastercard, an unlimited cashback card with no monthly minimum spend.
MoneySmart Exclusive
EARN SMARTPOINTS | LUCKY DRAW
Citi Cash Back+ Mastercard®
MoneySmart Exclusive:
[6 Weeks Faster Gift Redemption* | SmartRewards | Your Points, Your Choice 🫵]
Apply and spend a min. of S$500 in "Qualifying Spends" within 30 days from the card approval date and enjoy the ultimate flexibility to CHOOSE ANY GIFT at our Rewards Store, including:
1. Apple iPad Wi-Fi 9th Generation, 64GB (5,040 SmartPoints)
2. Sony WH-1000XM5 Wireless Noise Cancelling Headphones (4,990 SmartPoints)
3. Nintendo Switch OLED (5,000 SmartPoints)
OR any other combination of gifts available in the Rewards Store, by earning 5,100 SmartPoints.
Alternatively, you can also choose S$300 Cash via PayNow. T&Cs apply
PLUS, stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart. T&Cs apply. Check out our past Lucky Draw winners here.
Valid until 17 Dec 2023
More Details
Key Features
1.6% cashback on your spend
No minimum spend required and no cap on cash back earned
Cash back earned does not expire
Redeem your cash back instantly on-the-go with Pay with Points or for cash rebate via SMS
With Citi PayAll, you can earn and accumulate Citi Miles, Citi ThankYou PointsSM or Cash Back quickly when you pay your big-ticket bills such as rent, insurance premiums, education expenses, taxes, utilities and more
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Annual Interest Rate and Fees
Annual Interest Rate |
|---|
S$194.40. Effective 1 January 2024, with the increase of the Goods and Services tax (“GST”) rate from 8% to 9%, fees will be revised to reflect the change in GST rate to 9%, as applicable. |
S$97.20. Effective 1 January 2024, with the increase of the Goods and Services tax (“GST”) rate from 8% to 9%, fees will be revised to reflect the change in GST rate to 9%, as applicable. |
First year annual fee waived |
1% of the current balance plus 1% of any outstanding unbilled instalment amounts plus interest charges plus late payment charge or S$50, whichever is greater |
25 days |
Minimum Income Requirements
Singaporean/PR Minimum Income |
|---|
S$42,000 |
Documents Required
SG Citizens or PRs |
|---|
6 months |
6 months |
With Full Name and Address |
Wireless Payment
MasterCard PayPass |
|---|
Card Association
If you’d prefer a miles card, the Citi PremierMiles Card lets you earn Citi Miles that never expire.
MoneySmart Exclusive
EARN SMARTPOINTS | LUCKY DRAW
Citi PremierMiles Card
MoneySmart Exclusive:
[6 Weeks Faster Gift Redemption* | SmartRewards | Your Points, Your Choice 🫵]
Apply and spend a min. of S$500 in "Qualifying Spends" within 30 days from the card approval date and enjoy the ultimate flexibility to CHOOSE ANY GIFT at our Rewards Store, including:
1. Apple iPad Wi-Fi 9th Generation, 64GB (5,040 SmartPoints)
2. Sony WH-1000XM5 Wireless Noise Cancelling Headphones (4,990 SmartPoints)
3. Nintendo Switch OLED (5,000 SmartPoints)
OR any other combination of gifts available in the Rewards Store, by earning 5,100 SmartPoints.
Alternatively, you can also choose S$300 Cash via PayNow. T&Cs apply
PLUS, stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart. T&Cs apply. Check out our past Lucky Draw winners here.
Valid until 17 Dec 2023
More Details
Key Features
S$1 = 1.2 Citi Miles on Local spend (no min. spend)
S$1 = 2 Citi Miles on Foreign currency spend
Annual Fee Applies
Earn 10,000 Citi Miles upon renewal of annual membership and payment of annual fee
Citi Miles never expire
Priority Pass membership gives you access to more than 600 airport lounges twice a year
™ Priority Pass membership is on application basis and is reserved for the Principal cardmember only, limited to 2 complimentary visits per calendar year
Complimentary Travel Accident Insurance up to S$1,000,000 coverage, Medical Assistance Programme and Travel Inconvenience Coverage
With Citi PayAll, you can earn and accumulate Citi Miles, Citi ThankYou PointsSM or Cash Back quickly when you pay your big-ticket bills such as rent, insurance premiums, education expenses, taxes, utilities and more
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Annual Interest Rate and Fees
Annual Interest Rate |
|---|
S$194.40. Effective 1 January 2024, with the increase of the Goods and Services tax (“GST”) rate from 8% to 9%, fees will be revised to reflect the change in GST rate to 9%, as applicable. |
S$97.20. Effective 1 January 2024, with the increase of the Goods and Services tax (“GST”) rate from 8% to 9%, fees will be revised to reflect the change in GST rate to 9%, as applicable. |
1% plus 1% of any outstanding unbilled instalment amounts plus interest charges plus late payment charge or S$50, whichever is higher |
25 days |
Minimum Income Requirements
Singaporean/PR Minimum Income |
|---|
S$42,000 |
Documents Required
SG Citizens or PRs |
|---|
6 months |
6 months |
With Full Name and Address |
Wireless Payment
MasterCard PayPass |
|---|
Card Association
Here’s a summary of all the Citibank credit cards with ongoing promotions:
Citibank credit card | Key features | Promotion | Valid until |
1.6% cashback that never expires. No minimum spend required and no cap on cash back. | Choose ANY gift from our Rewards Store with the 5,100 SmartPoints you’ll earn, including:
Alternatively, get $300 Cash via PayNow. | 17 Dec 2023 | |
6% cashback on dining, 8% cashback on groceries and petrol. | |||
10X Rewards on online purchases, ride-hailing and shopping. | |||
$1 = 1.2 Citi Miles on Local spend and 2 Citi Miles on Foreign currency spend. Citi Miles never expire. |
Other Citibank credit cards, such as the Citibank SMRT Card and Citibank Lazada Card, do not have any ongoing promotions.
2. Standard Chartered credit card promotions
There are a few Standard Chartered credit card promotions ongoing this month that are all very enticing. It’s hard to pick the best, but the Standard Chartered Simply Cash Credit Card promotion comes up top in terms of cash value. This card is an unlimited cashback card with no cashback cap and no minimum spend.
On top of the regular sign-up promotion, you also stand to win a Panerai Quaranta 40mm Black Dial PAM01294 Luxury Watch (worth S$8,700) or up to 16,490 SmartPoints, which you can redeem for stuff like an iPhone 15 Pro, 256GB in our Rewards Store!
MoneySmart Exclusive
EARN SMARTPOINTS | LUCKY DRAW
Standard Chartered Simply Cash Credit Card
MoneySmart Exclusive:
[SmartRewards | Your Points, Your Choice
🫵
]
Choose ANY gift you want at our Rewards Store including:
1. Sony WF-1000XM5 Wireless Noise Cancelling Headphones (4,000 SmartPoints)
2. Nintendo Switch Generation 2 (3,990 SmartPoints)
3. ErgoTune Classic Ergonomic Chair (3,990 SmartPoints)
4. Apple Watch SE (GPS), 40mm (3,830 SmartPoints)
Or any other combination of gifts, by earning 4,000 SmartPoints.
Alternatively, you can choose to get up to S$350 Cash via PayNow*. T&Cs apply.
PLUS, stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart. T&Cs apply. Check out our past Lucky Draw winners here.
Valid until 31 Dec 2023
More Details
Key Features
Flat 1.5% cashback rate for all eligible purchases
No cashback cap and no minimum spend
Enjoy dining and shopping discount privileges at over 3,000 outlets in Asia with Standard Chartered’s The Good Life benefits program
1 year annual fee waiver, no minimum spend required
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Annual Interest Rate and Fees
Annual Interest Rate |
|---|
S$194.40 |
S$0 |
First 1 year waived |
S$50 OR 1% of principal / interest, fees & charges / overlimit amount / past due amount, whichever is higher |
Available |
Minimum Income Requirements
Singaporean/PR Minimum Income |
|---|
S$60,000 |
Wireless Payment
Visa Contactless |
|---|
Card Association
If you spend less than $500 a month, but at least $250, the Standard Chartered Rewards+ Credit Card and Standard Chartered Smart Credit Card are good options. These will give you $250 cash, or 3,100 SmartPoints that you can use to redeem a Nintendo Switch Lite (3,090 SmartPoints) or Apple AirPods 3rd Gen (2,720 SmartPoints) if you spend $250 within 30 days. That’s giving at least the full amount you spent back to you!
MoneySmart Exclusive
EARN SMARTPOINTS | Earn up to 10X Rewards Points
Standard Chartered Rewards+ Credit Card
MoneySmart Exclusive:
[SmartRewards | Your Points, Your Choice 🫵
]
Choose ANY gift at our Rewards Store, including:
1. Nintendo Switch Lite (3,090 SmartPoints)
2. Apple AirPods 3rd Gen (2,720 SmartPoints)
Or any other combination of gifts, by earning 3,100 SmartPoints.
Alternatively, you can also choose to get $250 Cash via PayNow. T&Cs apply.
PLUS, stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart. T&Cs apply. Check out our past Lucky Draw winners here.
Valid until 31 Dec 2023
More Details
Key Features
10X Rewards Points per S$1 spent in foreign currency, including online spends
5X Rewards Points per S$1 spent in Singapore Dollars for local dining transactions
1X Rewards Points per S$1 on all other spends
1 year annual fee waiver, no minimum spend required
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
MoneySmart Exclusive
EARN SMARTPOINTS | LUCKY DRAW | Up to 6% Cashback
Standard Chartered Smart Credit Card
MoneySmart Exclusive:
[SmartRewards | Your Points, Your Choice 🫵
]
Choose ANY gift at our Rewards Store, including:
1. Nintendo Switch Lite (3,090 SmartPoints)
2. Apple AirPods 3rd Gen (2,720 SmartPoints)
Or any other combination of gifts, by earning 3,100 SmartPoints.
Alternatively, you can also choose to get $250 Cash via PayNow. T&Cs apply.
PLUS, stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart. T&Cs apply. Check out our past Lucky Draw winners here.
Valid until 31 Dec 2023
More Details
Key Features
0% interest 3-month EasyPay on all eligible expenditure with 100% cashback on fees. Earn Rewards Points on your instalments.
Enjoy dining and shopping discount privileges at over 3,000 outlets in Asia with Standard Chartered’s The Good Life benefits program
6% cashback on your everyday spend at your favourite merchants across fast food dining, coffee and toast, digital subscriptions and on your daily commute (Bus/MRT). No minimum spend requirement.
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Here’s a summary of all Standard Chartered credit card promotions this month:
Standard Chartered credit card | Key features | Promotion | Valid until |
1.5% unlimited cashback with no minimum spend | S$350 Cash via PayNow OR 4,000 SmartPoints you can redeem for any of the following:
PLUS stand a chance to win a Panerai Quaranta 40mm Black Dial PAM01294 Luxury Watch (worth S$8,700) OR up to 16,490 SmartPoints (redeem up to an iPhone 15 Pro, 256GB in our Rewards Store). | 31 Dec 2023 | |
6% cashback on digital subscriptions, at fast food outlets and daily commutes | S$250 Cash via PayNow OR 3,100 SmartPoints that you can redeem for a Nintendo Switch Lite (3,090 SmartPoints) or Apple AirPods 3rd Gen (2,720 SmartPoints) with $250 minimum spend within 30 days. | 31 Dec 2023 | |
10X Rewards Points per S$1 spent in foreign currency, 5X Rewards Points per S$1 local dining spend | |||
3 miles per S$1 spent on online Transportation, Food Delivery & Online Grocery transactions | Up to 45,000 miles with payment of annual fee and $3,000 spend within 2 months. | 31 Dec 2023 |
The other Standard Chartered credit cards don’t have ongoing sign-up promotions this month. Wondering what happened to the Standard Chartered X Card, with its infamous 100,00 miles sign-up promotion? The X card got X-ed, and has been replaced by the Standard Chartered Journey Credit Card.
3. CIMB credit card Promotion
There are 3 ongoing credit card promotions for those new to CIMB credit cards.
The most accessible CIMB credit card is the CIMB World Mastercard, which has a $0 minimum spend per month. (Note, however, that you’ll need to hit $1,00 a month to enjoy the card’s higher 2% unlimited cashback rate.)
MoneySmart Exclusive
Unlimited 2% Cashback | LUCKY DRAW
CIMB World Mastercard
MoneySmart Exclusive:
[LUCKY DRAW]
Get S$250 Cash via PayNow when you apply and spend a min of S$988. T&Cs apply.
PLUS, stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart! T&Cs apply. Check out our past Lucky Draw winners here.
Valid until 31 Dec 2023
More Details
Key Features
2% Unlimited Cashback on Wine & Dine, Online Food Delivery, Movies & Digital Entertainment, Taxi & Automobile, Luxury Goods.
1%* Cashback on all other spends.
Access to Over 1,000 Airport Lounges via Mastercard® Airport Experiences Provided by LoungeKey
50% Off Green Fees at golf courses across the region
No annual fees for life
Apply for up to 4 supplementary cards and have annual fees waived for all supplementary cards
Access to over 1,000 regional deals & discounts across Singapore, Malaysia and Indonesia
Annual Interest Rate and Fees
Annual Interest Rate |
|---|
S$0 |
Free |
Available |
3% or S$50, whichever is higher |
23 days |
Minimum Income Requirements
Wireless Payment
Card Association
Here are all the CIMB credit card promotions:
CIMB credit card | Key feature(s) | Promotion | Valid until |
2% unlimited cashback on Wine & Dine, Online Food Delivery, Movies & Digital Entertainment, Taxi & Automobile, Luxury Goods. No annual fees for life. | S$250 Cash via PayNow with $988 spend within 60 days. | 31 Dec 2023 | |
10% cashback on Beauty & Wellness, Online Shopping, Groceries and more, capped at S$100 per month and up to S$20 per category. Minimum spend S$800. | |||
2% unlimited cashback on Travel, Overseas, Online Spend in Foreign Currencies with $2,000 minimum monthly spend. |
4. AMEX credit card promotions
This month, AMEX credit cards are offering up to 135,000 Membership Rewards points with the American Express The Platinum Card—that’s enough for a return trip to Europe, the USA (West Coast), or Canada!
Online Promo
No Expiry on Membership Rewards® Points
American Express The Platinum Card®
More Details
Key Features
Jet away to your next travel destination with S$200 to spend with Singapore Airlines or Scoot every year. *Enrolment is required. T&Cs apply. Visit go.amex/myplatinum for more details.
Stream your favorite movie or news content with S$17 every month to spend at over 10 popular entertainment brands, with your favourite people.
Pamper yourself with S$400 credits back each year with minimum spend at Adeva Spa, Spa Rael, The Ultimate and Grand Cru Wine Concierge.
Enjoy S$400 every year to use at over 1,400 curated restaurants locally and around the world.
Available from March 2023, enjoy a S$150 complimentary fashion credit with NET-A-PORTER and MR PORTER – Platinum style.
Be delighted with special rates and pleasant surprises worth S$800 when you stay at over 1,300 properties worldwide that are part of Fine Hotels & Resorts
Complimentary access for you, a supplementary cardholder and one guest each to 1,400 Lounges such as The Centurion Lounge, Priority Pass, International American Express Lounges
Gain instant status to higher tiers of leading hotel loyalty programs such as the Marriott Bonvoy Gold Elite Status and Hilton Honors Gold Status
™ Up to 50% savings with Love Dining at selected restaurants such as Lawry’s, Sen of Japan, and Peach Garden among others
Up to 50% savings at selected hotels such as Marriott, St. Regis, and W Singapore among others
Complimentary Access into Tower Club
Exclusive Golf Privileges
Complimentary Weekend Parking at Great World City
Complimentary access for you, a supplementary cardholder and one guest each to 1,400 Lounges such as The Centurion Lounge, Priority Pass, International American Express Lounges
All Membership Rewards points never expire
Bonus Membership Rewards® On Singapore Airlines and Scoot. Earn 5 Membership Rewards points for every full S$1.60 spent with Singapore Airlines and Scoot (equates to 1.9 miles per S$1).
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Here are all the American Express credit card promotions this month:
American Express credit card | Key feature(s) | Promotion | Valid until |
$1.60 spend = 2 Membership Rewards | 135,000 Membership Rewards points (sufficient for a Return Trip to Europe, the USA, or Canada) from Amex with $6,000 minimum spend and annual fee payment within 60 days. | 28 Feb 2024 | |
American Express Singapore Airlines KrisFlyer Ascend Credit Card | $1 local spend = 1.2 KrisFlyer miles; S$1 spend on Grab = 3.2 KrisFlyer miles | S$300 eCapitaVouchers (S$150 eCapitaVouchers for existing cardholders) and up to 17,000 KrisFlyer miles with $1,000 spend and annual fee payment within 30 days. | 13 Dec 2023 |
$1 local spend = 1.1 KrisFlyer miles; S$1 spend on Grab = 3.1 KrisFlyer miles | Up to 17,000 KrisFlyer miles with a minimum spend of S$1,000 within 30 days. | 28 Feb 2024 | |
$1.60 spend = 10 Points at participating Platinum EXTRA Partners / 2X Points on all other spend | S$200 eCapitaVouchers (S$100 eCapitaVouchers for existing cardholders) with $1,000 spend and annual fee payment within 30 days. | 28 Feb 2024 | |
The American Express Singapore Airlines Business Credit Card | Up to 8.5 HighFlyer Points per S$1 spent on eligible Singapore Airlines Group flights | (1) Up to 68,000 HighFlyer points (worth S$647) OR (2) Samsonite Choca Spinner 68/25 Luggage (worth S$700) + 10,800 HighFlyer points (worth S$102) with $6,000 spend within 3 months. | 28 Feb 2024 |
This month, the American Express True Cashback Card and American Express CapitaCard, do not have any ongoing promotions.
5. UOB credit card promotions
This month, UOB is full of credit card promotions. Currently, there are 2 main types of UOB credit card promotions—cash credit or welcome miles.
One of the most accessible UOB credit cards is the $0 minimum spend UOB Absolute Cashback Card, which will get you $350 Cash Credit this month.
MoneySmart Exclusive
Get Unlimited 1.7% Cashback | LUCKY DRAW
UOB Absolute Cashback Card
MoneySmart Exclusive:
[LUCKY DRAW]
Stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart. T&Cs apply. Check out our past Lucky Draw winners here.
PLUS receive up to S$350 Cash Credit from UOB when you are the first 200 new-to-UOB customers who successfully apply for an eligible UOB Credit Card and spend a min. of S$1,000 per month, for 2 consecutive months from the card approval date. T&Cs apply.
Valid until 31 Dec 2023
More Details
Key Features
1.7% limitless cashback on everything, including groceries, insurance, school fees, wallet top-ups, healthcare, Utilities & Telco Bills and Rental
No minimum spend
No minimum spend
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Annual Interest Rate and Fees
Annual Interest Rate |
|---|
S$194.40 |
1st supplementary card free; $97.20 for subsequent cards |
1st year fee waiver |
3% or S$50, whichever is higher |
21 days |
Minimum Income Requirements
Singaporean/PR Minimum Income |
|---|
S$40,000 |
Documents Required
SG Citizens or PRs |
|---|
At least 6 months' validity |
EP or S Pass only with at least 6 months’ validity |
Latest Billing Proof |
N/A |
Yes |
Card Association
With a 50,000 miles bonus, the UOB PRVI Miles Card offers one of the biggest miles promotion this month:
MoneySmart Exclusive
High Miles Earn Rate | LUCKY DRAW
UOB PRVI MASTERCARD Miles Card
MoneySmart Exclusive:
[LUCKY DRAW]
Stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) OR 5,990 SmartPoints (worth an Apple Watch Series 9 (GPS), 41mm in our Rewards Store) when you apply through MoneySmart. T&Cs apply. Check out our past Lucky Draw winners here.
PLUS get up to 50,000 miles from UOB when you successfully apply for a UOB PRVI Miles Card and spend a min. of S$1,000 on their new UOB PRVI credit card for 2 consecutive months from card approval date, payable first-year annual fee and SMS registration required. T&Cs apply.
Valid until 31 Dec 2023
More Details
Key Features
Earn 6 miles with every S$1.00 spent on major airlines and hotels booked through Expedia, UOB Travel, and Agoda
Earn 2.4 miles for every S$1.00 spent overseas (including online shopping from overseas websites), and 1.4 miles for every S$1.00 spent locally
Choice to redeem for miles, cash rebate or vouchers
Complimentary Public Conveyance Personal Accident cover of S$500,000 and up to S$50,000 Emergency Medical Evacuation & Repatriation including illness due to COVID-19. T&Cs apply.
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Here’s a summary of all ongoing UOB credit card promotions this month:
UOB credit card | Key features | Promotion | Valid until |
Up to 15% rebate on Shopee, Dairy Farm Group, Grab, SP. | Up to 15% cashback and $350 cash credit with $1,000 spend/month for 2 consecutive months. | 31 Dec 2023 | |
UOB Absolute Cashback Card | 1.7% limitless cashback with no minimum spend | $350 cash credit with $1,000 spend/month for 2 consecutive months (first 200 new-to-UOB customers). | |
8% cashback on Online and Mobile Contactless spend with | |||
Up to 30 miles per S$5 spent on your preferred category with no min. spend required. | |||
UOB PRVI Miles Credit Card (MASTERCARD / VISA / American Express) | $1 local spend = 1.4 miles; $1 overseas spend = 2.4 miles. No minimum spend and no cap on earned miles. | Up to 50,000 Welcome Miles with $1,000 spend/month for 2 months, annual fee payment, and SMS registration. | |
$1 = 3 KrisFlyer Miles (with $800 annual spend on Singapore Airlines Group) | Up to 31,000 miles and first year annual fee of S$194.40 (inc GST) waived with $2,000 spend within 60 days. |
Plus, with selected UOB cards, you’ll stand to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) OR up to 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store)! Here are the eligible cards for this lucky draw:
UOB One Credit Card
UOB Absolute Cashback Card
UOB Lady’s Card
UOB EVOL Credit Card
UOB PRVI Mastercard Miles Card
UOB PRVI Visa Miles Card
UOB PRVI Miles American Express Card
KrisFlyer UOB Credit Card
At the time of writing, the UOB Preferred Platinum Visa Card and UOB Visa Infinite Metal Card have no ongoing promotions.
6. HSBC credit card promotions
Check out all the HSBC credit cards for the latest credit card promotions.
Among their cards, our top pick is the HSBC Revolution Credit Card. The most accessible card with $0 minimum spend, this card is great for earning points through everyday spending.
Sponsored
MoneySmart Exclusive
Enjoy Instant Approval* | LUCKY DRAW
HSBC Revolution Credit Card
MoneySmart Exclusive:
SmartRewards: Your Points, Your Choice!
Redeem a wide variety of gifts from our Rewards Store, like an Apple iPad, Nintendo Switch OLED, Sony Headphones or MORE with 5,100 SmartPoints. Alternatively, redeem up to S$350 Cash via PayNow.
Plus, secure your chances to win exciting prizes like a Rolex Submariner Steel 124060 (worth S$16,000), Apple MacBook Air M2 15 inch (worth S$1,899) or a PlayStation 5 (worth $669) by meeting card spend requirements. T&Cs apply. Check out our past Lucky Draw winners here.
Valid until 12 Jan 2024
More Details
Key Features
10X Reward points (equivalent to 4 miles or 2.5% Cashback) on online purchases and contactless payments.
1X Reward point for all other types of spending.
No min. spend required.
No annual fee
Receive complimentary access to ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide.
Cap of 10,000 rewards points per calendar month on eligible purchases. Other terms apply.
Annual Interest Rate and Fees
Annual Interest Rate |
|---|
S$0 |
S$0 |
3% or S$50, whichever is greater |
20 days |
Minimum Income Requirements
Singaporean/PR Minimum Income |
|---|
S$40,000 |
Wireless Payment
Visa Contactless |
|---|
Card Association
HSBC credit card | Key feature(s) | Promotion | Valid until |
10X Reward points on online purchases and contactless payments. No minimum. spend and no annual fee. | $350 Cash / 5,100 SmartPoints (worth an Apple iPad, Nintendo Switch OLED, or Sony WH-1000XM5 Headphones) with $1,000 spend within 30 days. | 12 Jan 2024 | |
5% cash rebate on local dining and groceries with minimum spend of S$600 monthly in a calendar quarter | |||
1.5% cashback on local and overseas purchases with no min. spend | |||
S$1 local spend = 1.2 miles; S$1 on foreign spend = 2.4 miles |
You could also win a Rolex Submariner Steel 124060 (worth S$16,000), Apple MacBook Air M2 15 inch (worth S$1,899) or a PlayStation 5 (worth $669) in our lucky draw when you apply for these HSBC credit cards through MoneySmart:
HSBC Revolution Credit Card
HSBC Visa Platinum Credit Card
HSBC Advance Credit Card
HSBC TravelOne Credit Card
ALSO READ: The Best Entry-Level Luxury Watches to Buy in a Falling Market: Top Picks From Our Resident Watch Collector
There’s no current promotion for the HSBC Visa Infinite Credit Card.
7. DBS credit card promotions
The juiciest DBS credit card sign-up promotions this month are a $200 cashback promotion and a 60,000 miles promotion. The former applies to the DBS Takashimaya American Express Card:
Online Promo
Frequent Shoppers at Takashimaya
DBS Takashimaya American Express Card
More Details
Key Features
Sign-Up Promotion of S$150 Cashback
Additional 10% off during selected sale events at Takashimaya Department Store. Redeem S$30 worth of Takashimaya Gift Vouchers with every 100 Takashimaya Bonus Points.
Enjoy S$4 top-up to your CashCard for parking when you charge at least S$400 to your Card at Takashimaya Department Store.
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
The DBS Vantage Visa Infinite Card comes with a fat miles welcome gift this month, but do note that this is not an entry-level miles card:
Online Promo
Miles or Cashback – you decide
DBS Vantage Visa Infinite Card
More Details
Key Features
1.5 miles or 1.5% cashback for every S$1 local spend
2.2 miles or 2.2% cashback for every S$1 overseas spend
Switch your rewards flexibly between up to 2.2 miles per S$1 or 2.2% Cashback
Receive 25,000 bonus miles (in the form of 12,500 DBS Points) when you pay the annual fee of S$594 (exclusive of GST)
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Here’s the full list of ongoing DBS credit card promotions:
DBS credit card | Key feature(s) | Promotion | Expiry |
DBS yuu Card (Visa / American Express) | 5% Cash Rebate / 10x yuu Points with no minimum spend and no cap. | $150 cashback (new cardmembers) or $60 cashback (existing cardmembers) with $300 minimum spend within 30 days. | 29 Feb 2024 |
5% cashback on Online & Visa contactless spend with $600 minimum monthly spend | $150 cashback when you apply with promo code 150CASH and spend $800 within 60 days. | 31 Jan 2024 | |
5X DBS Points per S$5 online spend. 1X DBS Points per S$5 / 0.4 miles per S$1 on other spend | |||
10X DBS Points per S$5 / 4 miles per S$1 on online spend | |||
DBS Altitude Card (Visa Signature / American Express) | $1 spend = 10 miles that never expire. Get 10,000 miles upon paying annual fee of $194.40. | Up to 37,000 miles with $2,000 spend within 30 days. | 31 Jan 2024 |
1.5 miles or 1.5% cashback per S$1 local spend; 2.2 miles or 2.2% cashback per S$1 overseas spend | Up to 60,000 miles with $4,000 minimum spend and payment of annual fee within 30 days. | 31 Jan 2024 | |
2 Taka Bonus Points for every S$10 spend at Takashimaya; 10% additional discount at Takashimaya sales | $200 cashback (New Cardmembers) or S$80 cashback (Existing Cardmembers) with $250 minimum spend within 30 days. | 31 Jan 2024 |
A word on the DBS Woman’s and Woman’s World Card: Don’t be fooled by the name. You can apply for these cards no matter your gender.
These other DBS credit cards do not have ongoing sign-up promotions:
DBS Esso Card
8. POSB Credit Card Promotion
The POSB Everyday Card is a straightforward cash rebates card with (strictly speaking) no minimum spend; certain bonus reward categories require you to spend above $800/month.
As the name suggests, you can apply for the POSB Everyday Card to make the most out of your day-to-day spending. The latest POSB Everyday Card promotion is as fuss-free as the card—$150 cashback when you apply with promo code 150CASH and spend $800 within 60 days.
Online Promo
Earn Cash Rebates that Never Expire
POSB Everyday Card
More Details
Key Features
No minimum spend
Base cashback rate: 0.3% POSB Daily$ rebate for all purchases
Activate SimplyGo to use your card as an EZ-Link card. SimplyGo charges MRT and bus fares to your credit card, eliminating the need for auto top-ups
Link the POSB Everyday Card to your DBS or POSB Savings or Current account to use card at ATM
At MoneySmart, we strive to keep our information accurate and up to date. This information may be different from what you see when you visit a financial institution, service provider, or specific product site. MoneySmart shall not be liable to compensate the Customer should the information is not as updated as our Partner.
Annual Interest Rate and Fees
Annual Interest Rate |
|---|
S$194.40 |
S$97.20 |
First year waived |
3.00% or S$50, whichever is higher |
25 days |
Minimum Income Requirements
Singaporean/PR Minimum Income |
|---|
S$45,000 |
Wireless Payment
MasterCard PayPass |
|---|
Card Association
9. OCBC credit card promotions
If you’ve been looking for a sign to get on board the OCBC train, this is it. This month, you could take home a 28″ Samsonite MINTER Luggage (worth $640), Apple AirPods 3rd Gen (worth $261.40), or a $280 Amazon SG Gift Card along with your shiny new OCBC credit card. Here’s the low down on what the promotions and credit cards are all about:
OCBC credit card | Key feature(s) | Promotion | Expiry |
1.6% in unlimited cashback with no minimum spend | 28″ Samsonite MINTER Luggage (worth $640) or S$168 Cashback with $500 spend within 30 days OR | 31 Dec 2023 | |
5% cashback on everyday dining, 6% cashback on fuel, 3% cashback on groceries, land transport, online travel, recurring telco and electricity bills | Hinomi Q1 Ergonomic Chair (worth S$499) OR Apple AirPods 3rd Gen (worth S$261.40) OR S$280 Amazon SG Gift Card OR S$250 Cash with $500 minimum spend within 30 days. | 31 Dec 2023 | |
10x OCBC$ (equivalent to 4 air miles) per $1 spent on eligible online and retail purchases at Apple, Shopee, H&M and more | |||
S$1 = Up to 7 Miles on Agoda accommodation |
On top of the welcome gifts above, you’ll also stand a chance to win a Panerai Radomir Quaranta Timepiece (worth S$8,700) or up to 16,490 SmartPoints (worth an iPhone 15 Pro, 128GB in the Rewards Store) when you apply for selected OCBC credit cards through MoneySmart!
The OCBC NXT Credit Card, OCBC Frank Card, and OCBC Great Eastern Cashflo Credit Card don’t have any ongoing promotions at the time of writing.
Credit card promotions—is there a catch?
With free AirPods Pro, ergonomic standing desks and thousands of miles raining down on us, you might be wondering: Is there a catch to all these freebies?
Truth is, there is one drawback to signing up for credit card promotions: You won’t be eligible for more freebies in the future. Well, at least for a year. Here’s how it works:
Banks and comparison sites like MoneySmart usually offer the best giveaways for new sign ups. Usually this is defined as people who either:
Have never ever owned a credit card from that bank, OR
Cancelled their card at least 12 months ago
If you’re thinking of gaming the system by cancelling your card and re-applying, tough luck!
Another thing to note is that you must hit the minimum spend to get your reward. If you’re really lucky, you’ll get your shiny new iPad or cashback immediately upon card approval. However, most banks require you to spend a minimum sum (say, $1,000 in the first month) and sometimes even fork out the first year’s annual credit card fee (goodbye, fee waiver!). After all that, banks will make you wait a few months before you can even smell the freebie.
So what’s the lesson here? Read the T&Cs carefully, and only sign up when you’re confident you can hit the minimum spend.
Read more about the best air miles, cashback, and rewards credit cards! Plus, learn the differences between air miles vs cashback vs rewards credit cards.
The post Best Credit Card Promotions in Singapore (Dec 2023 – Feb 2024): Citibank, DBS, HSBC, UOB, and More appeared first on the MoneySmart blog.
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The post Best Credit Card Promotions in Singapore (Dec 2023 – Feb 2024): Citibank, DBS, HSBC, UOB, and More appeared first on MoneySmart Blog.
Original article: Best Credit Card Promotions in Singapore (Dec 2023 – Feb 2024): Citibank, DBS, HSBC, UOB, and More.
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