SingSaver: Cashback Credit Cards
Enjoy up to 18% cashback, low annual fees and welcome gifts on the most popular credit cards in Singapore. Compare top rates and special deals now.
Choosing a top cashback credit card is an excellent way to get extra savings on every dollar you spend in Singapore. These cards feature strong cashback on dining, groceries and digital purchases, usually ranging from 1.5% up to 18%, with bonus categories available too. Most include a reasonable annual fee and incentives like welcome gifts or fee waivers for the first year, making them attractive for regular users and smart savers alike.
The interest rates on cashback cards typically hover around 27.8% per annum, with late payment fees commonly set at S$100. Credit limits vary based on your income and creditworthiness, while minimum income requirements generally start from S$30,000 a year. Some cards have no minimum monthly spend, while others offer enhanced rates when you spend at least S$800 per month.
How to Apply for a Cashback Credit Card
1. Gather your latest income documents and NRIC.
2. Choose your preferred card offer and fill in the online application form.
3. Upload required documents and submit your application for review.
4. Await approval (usually within a few days) and activate your new card upon receipt.
5. Start spending and meet the minimum spend for any welcome bonuses!
Benefits of Cashback Credit Cards
Cashback cards are highly versatile and perfect for everyday payments such as meals, groceries, online shopping, and even petrol.
The flexibility to earn real cash directly reduces your expenses, with rewards credited monthly to your statement or account.
Drawbacks to Consider
Some cashback cards require a minimum spend each month to earn the best rates, which may not suit users with low or inconsistent spending habits.
Be aware of monthly cashback caps and possible annual fees kicking in after the first year—it’s smart to review these before applying.
Our Final Verdict
Singapore’s best cashback cards deliver attractive deals, flexibility, and strong rewards for daily spending. They suit budget-conscious individuals who want quick returns, but always check spend requirements and fine print to optimise your gains.
