Are you tired of missing out on rewards and cashback when you shop? Do you want to maximise your savings and earn more while you spend?
Then it’s time to consider getting a shopping credit card in Singapore.
But with so many options available, how do you know which one to choose? That’s where this article comes in.
We’ve researched and compared the best shopping credit cards in Singapore to help you make an informed decision.
In this article, I’ll break down each card’s benefits and drawbacks and help you decide which one to choose for your shopping needs.
Let’s get started.
Factors to Consider When Choosing the Best Online Shopping Credit Card in Singapore
When looking for the best shopping credit card in Singapore, several factors must be considered.
First, consider the rewards program offered by the credit card. Does it offer cashback, points, or miles for shopping?
Next, check the credit card’s annual fee and interest rates, as these can impact the overall cost and value of the card.
You should also look at the merchant partners of the credit card and see if they align with your shopping habits.
Fourthly, check the credit limit and eligibility requirements, as well as any promotional offers or sign-up bonuses.
Additionally, consider the perks and benefits offered by the credit card, such as discounts, freebies, or exclusive access to events.
Lastly, read the terms and conditions of the credit card carefully, including any hidden fees or restrictions that may apply.
By carefully considering these factors, you can choose the best shopping credit card in Singapore that meets your specific needs and preferences.
Comparing the Best Online Shopping Credit Cards in Singapore
| Card | Annual Fees | Shopping Features | Minimum Spend Requirements | Cashback Cap | Other Features/Information | Income Requirements |
| DBS Live Fresh Card |
S$194.40 Fees Waived for 1st Year |
• Up to 5% cashback on online & Visa Contactless Spend • Additional 5% Green Cashback on selected Eco-Eateries, Retailers and Transport Services • 0.3% cashback on all other spend |
Minimum monthly spend requirement of S$600 | Cashback is capped at S$15 on eligible Sustainable Spend, $20 on eligible Online Spend, S$20 on eligible Visa Contactless Spend and S$20 on All Other Spend for each calendar month | Eco-friendly sustainable card made from 85.5% recycled plastic |
S$30,000 for Singaporeans S$45,000 for non-Singaporeans |
| OCBC Frank Card |
S$194.40 Fees Waived for First 2 Years |
• 8% cashback on foreign currency transactions and online/contactless mobile transactions in SGD • Additional 2% cashback when you shop at selected green merchants (new feature) • If minimum monthly spend requirement is not met, you only earn a flat rate of 0.3% cashback |
Minimum monthly spend requirement of S$800 | $25 cashback cap on each category: Purchases made in foreign currency (both online and in stores), local currency transactions (Online purchases made in SGD and contactless mobile transactions/purchases made via Apple Pay, Samsung Pay, Google Pay, Fitbit Pay or Garmin Pay in SGD), other spending, and transactions on green merchants |
• Earn up to S$100 in monthly cashback • Card designs available in Obsidian or Vortex |
S$30,000 for Singaporeans & Singapore PRs S$45,000 for non-Singaporeans |
| Citi Lazada Card |
S$194.40 Fees Waived for 1st Year |
• Earn 10X Rewards per S$1 spent on Lazada • Enjoy shipping rebate when you spend a minimum of S$50 per transaction on Lazada, capped at 4 shipping rebates per month |
No information on monthly minimum spend requirement | Bonus Rewards Points capped to 9,000 per statement month but Base Points of 1X has no cap |
• Exclusive offers on Lazada throughout the year • Complimentary travel insurance when you charge your airfare to Citi Lazada Credit Card |
S$30,000 for Singaporeans & Singapore PRs S$42,000 for non-Singaporeans |
| HSBC Revolution Card |
No Annual Fees (Waived Yearly) |
• Up to 10X Reward points (equivalent to 4 miles or 2.5% cashback) for every dollar you spend on online shopping or contactless payment methods such as Visa payWave, Apple Pay, or Google Pay • 1X Rewards point for all other spending |
No minimum monthly spend requirement |
• Bonus Rewards Points capped to 9,000 Bonus Points per calendar month • No cap on Base Points (1X Reward) |
NIL |
S$30,000 for Singaporeans & Singapore PRs S$40,000 for non-Singaporeans |
| Citibank Rewards Card |
S$194.40 Fees Waived for 1st Year |
• 10X Rewards points = 4 miles • 10X Rewards on online and shopping purchases made worldwide • 10X Rewards on rides with Grab, Gojek and more • 10X Rewards on online food delivery • 10X Rewards on online groceries • 1X Reward on all other retail spend |
No minimum monthly spend requirement |
• Bonus Rewards Points capped to 10,000 Bonus Points per calendar month • No cap on Base Points (1X Reward) |
Complimentary travel insurance when you charge your airfare to Citi Rewards Card |
S$30,000 for Singaporeans & Singapore PRs S$42,000 for non-Singaporeans |
| Maybank Family & Friends Card |
S$180 Fees Waived for First 3 Years |
• 8% cashback globally on your 5 preferred cashback categories from the list of 10 options: Groceries, Dining & Food Delivery, Transport, Data Communication & Online TV Streaming, Retail & Pets, Online Fashion, Entertainment, Pharmacy, Sports & Sports Apparels (New) , and Beauty & Wellness (New) • 0.3% cashback apply to all other spend on non-selected categories and on further spending after reaching monthly cashback cap |
Minimum monthly spend requirement of S$800 | Cashback capped to S$125 in total per calendar month, capped at S$25 per selected spending category |
• Default cashback categories are Groceries, Dining & Food Delivery, Transport, Data Communication & Online TV Streaming, Retail & Pets • New cardmembers may change their preferred cashback categories upon card activation through the Maybank TREATS SG mobile application • Selected cashback categories will be ‘Locked-in’ for a period of three months from the effective date and the next re-selection (if you wish) can be done in the last one calendar month of the existing ‘Lock-in’ period (it will take effect the first day of the following month) |
S$30,000 for Singaporeans & Singapore PRs S$45,000 for Malaysia Citizens, in employment for at least 1 year S$60,000 for other nationalities, in employment for at least 1 year |
| UOB One Card |
S$194.40 Fees Waived for 1st Year |
• Up to 3.33% cashback based on eligible retail spend of S$2,000, S$1,000 or $$500 and min. 5 transactions per statement month for each qualifying quarter to earn the quarterly cashback of S$200, S$100 or S$50 respectively • Enhanced cashback of up to 15% cashback on Dairy Farm International, Grab, Shopee, SimplyGo (bus and train rides) and UOB Travel transactions for new-to-UOB Cardmembers who sign up for a UOB One Credit card within the period of 1 October 2022 to 30 June 2023 • Cardmembers who have been awarded the S$100 or S$50 quarterly cashback will get an additional 5% cashback and cardmembers who have been awarded $200 quarterly cashback will get an additional 6.67% cashback for the same above categories, plus an additional 1.67% cashback on Shell transactions successfully charged and posted to the Card Account in each statement month for existing UOB cardholders • All Cardmembers who have been awarded the quarterly cashback will also get an additional 1% cashback on Singapore Power utilities bill (excluding payments via AXS) successfully charged and posted to the Card Account in each statement month |
• Minimum Monthly Spend Requirement of S$500, S$1,000, or S$2,000 with Minimum 5 Purchases | • Base Cashback Earning Capped to S$50, S$100, and S$200 per Quarter Based on Minimum Monthly Spend Requirement Tiers |
• Including Additional or Enhanced Cashback Earning, Cardholders Can Earn a Total of up to S$2,000 in Cash Rebates in a Year • Fuel savings of up to 21.15% at Shell and 22.66% at SPC |
S$30,000 for Singaporeans & Singapore PRs S$40,000 for non-Singaporeans |
Overall Best Credit Card for Online Shopping in Singapore: Maybank Family & Friends
The overall best credit card for online shopping in Singapore would be the Maybank Family and Friends card.
This card has the highest cashback earning of 8% or up to S$125 monthly!
However, what makes this card the best is simply because of how personalised you can make it, which is something that only a few credit cards offer.
The Maybank Family and Friends card allows you to pick your own 5 preferred cashback categories from their list of 10 options:
- Groceries
- Dining and Food Delivery
- Transport
- Data Communication and Online TV Streaming
- Retail & Pets
- Online Fashion
- Entertainment
- Pharmacy
- Sports and Sports Apparel
- Beauty and Wellness
I think that this is an excellent offering mainly because it can cater to everyone’s unique spending habits and needs.
Credit cards often have fixed earning categories, and not all may be what you spend on.
However, with the Maybank Family and Friends card, you can tailor the spending to your own choice!
Say you spend most of your money on food, travel, shopping, Netflix, and groceries.
With this card, you can simply select the relevant categories for your own spending habits!
The 8% cashback for selected categories is also applicable globally!
In other words, you can take the Maybank Family and Friends card with you all over the globe to do any online transactions and still get some money back!
The Maybank Family and Friends card is the second best option in terms of annual fees.
It’s the lowest among the other cards that charge annual fees of S$180 per year, with the first 3 years waived.
Overall, this card is a great choice for any online shopping needs.
I’d say that the only drawback is that there is a minimum monthly spend requirement of S$800, and cashback is capped at S$25 per selected spending category.
However, hitting these cashback limits shouldn’t be an issue because you can choose your spending category.
Best Credit Card for Online Shopping in Singapore for Shoppers of Varying Categories: OCBC Frank
Now, for those who shop a lot but for a wide array of items, the card for you is the OCBC Frank!
This card is a close contender to the Maybank card, offering 8% cashback on foreign currency transactions and online or contactless mobile transactions in SGD.
You can get an additional 2% cashback if you shop at selected green merchants!
This card is similar to the Maybank Family and Friends card regarding cashback percentage and the minimum monthly spend requirement of S$800.
The only difference is that the maximum monthly cashback you can earn is S$100 with the OCBC Frank card, unlike the Maybank card, which is capped at S$125.
However, I think it’s still fair, given that you can still earn cashback from all kinds of online spending all year round, unlike the Maybank card, where you can only earn on your selected categories.
This also brings me to the point about why this card is perfect for those who don’t have a specific group of categories they shop from.
In Thailand, shopping for clothes or food? Use your OCBC Frank card!
Shopping on foreign websites for your favourite American celebrity’s clothes or products only available in US Dollars? Your OCBC Frank card can help with that too!
Stopping to pump petrol in Vietnam? Use your OCBC Frank card!
Hence, no matter what the category is for your shopping needs, both local or foreign, OCBC Frank has got your back!
Though if you’re pumping petrol globally, it’s best to consider the Citi Cash Back, but I digress.
Also worth noting, the OCBC Frank card comes in 2 different styles, so you can take your pick if you decide to go for this.
Best Credit Card for Online Shopping in Singapore for Green Spenders: DBS Live Fresh
For eco-conscious buyers, the best credit card for online shopping in Singapore for all your green spending is the DBS Live Fresh card!
Made eco-friendly and sustainable with 85.5% recycled plastic, the DBS Live Fresh card offers up to 5% cashback on online and Visa Contactless spending, with an additional 5% Green Cashback on selected eco-eateries, retailers, and transport services!
So next time you spend on eco-friendly options to save the planet, you can earn a little cash too with this card!
This card is quite easy to use, in my opinion. Simply use it for all your online and contactless spending and your green spending, and you can earn cashback.
The cashback is capped for each category, as mentioned in the above table, with a total earning capacity of S$75, which is slightly lower than the Maybank and OCBC cards.
However, I think it’s also attributable to a more affordable minimum monthly spend requirement of S$600.
All in all, still something to consider.
Best Credit Card for Online Shopping in Singapore for Lazada Lovers: Citi Lazada Card
If you’re a loyal shopper of Lazada, this next card was made for you!
The Citi Lazada Card offers amazing benefits for Lazada shopping.
Earn 10X Rewards for every dollar you spend on Lazada, with up to 4 additional monthly shipping rebates when you spend a minimum of S$50 per transaction on Lazada!
The Bonus Rewards Points are capped at 9,000 per month, but the good news is that the Base Points of 1X have no cap.
This means if you continue to shop even after you hit the cap for Bonus Rewards Points, you can still earn the Base Points.
If you also happen to travel, simply charge your airfare to this card, and you can enjoy complimentary travel insurance too!
Though if you’re looking to charge your flight tickets to a credit card, getting an air miles credit card might be better instead.
Overall, the Citi Lazada card is quite impressive with its offerings.
Cardmembers even enjoy exclusive offers on Lazada throughout the year!
In other words, instead of waiting for those “11.11” or “12.12” sale days, you could potentially have discounts year-round!
So, if you’re a die-hard Lazada shopper, consider this card!
Best Credit Card for Online Shopping in Singapore for Zero Annual Fees: HSBC Revolution
If you’re a little tight on budget, not to worry! The HSBC Revolution will come to the rescue!
With absolutely NO annual fees and NO minimum monthly spend requirement, the HSBC Revolution card is a fuss-free, stress-free great option for those more prudent with spending.
Although this card already seems too good to be true with its lack of annual fees and minimum monthly spend requirements, the HSBC Revolution is still generous with its rewards.
You can earn up to 10X Rewards points for every dollar you spend on online shopping or contactless payment methods and 1X Rewards points for all other spending!
Bonus Rewards points are capped at 9,000 per calendar month, like the Citi Lazada card. However, again, there is no cap on base points earning, which is a plus.
I don’t think this card has any drawbacks, either!
The best thing is that the 10X Rewards points you can earn is equivalent to 4 miles or 2.5% cashback, so you can choose how to redeem your rewards once you’ve racked up a good number of points.
With your Rewards points, you can exchange them for shopping vouchers, get cashback or discounts, or even exchange your miles for some flight tickets and go on a nice vacation!
Best Credit Card for Online Shopping in Singapore for Travellers: Citibank Rewards Card
Next, for globetrotters out there, shopping is a must on any trip.
So, why not earn some rewards while you’re at it? Get the Citibank Rewards card!
There is no monthly minimum spending requirement, which makes shopping with this card stress-free! Plus, this card’s rewards are also rather generous.
You can earn 10X Rewards on a wide range of categories, such as online and shopping purchases worldwide, rides with Grab, Gojek and more, online food delivery, and online groceries.
Similar to the HSBC Revolution card, the 10X Rewards points are equivalent to 4 miles too.
In other words, while you’re on vacation in Paris and shopping away with your Citibank Rewards card, those rewards you earn can be redeemed for miles too.
So you can even start planning your next destination to travel to as you can get some flight tickets with those miles!
Another plus for this card is that if you charge your airfare to the card, like the other Citi (Lazada) card on our list today, you can enjoy complimentary travel insurance too!
Thus, you can travel in peace knowing that you’re covered.
I’d say that the only downside is, as mentioned, the Bonus Rewards points are capped at 10,000 per calendar month.
As such, you must track your expenditure to ensure that you’re spending within S$1,000 each month, as anything more than that will not earn you any rewards.
Nonetheless, it is still an impressive card and something to consider!
Best Credit Card for Online Shopping in Singapore for Big Spenders and Shopee Lovers: UOB One Card
Last but not least, for all those big spenders who frequently purchase luxury items, spend at least $2,000/monthly, or even those who frequently shop at Shopee (I know I do), the card for you is the UOB One Card!
Although it has similar annual fees to other cards on our list today, this card has one of the most generous cashback offerings, which allows cardholders to earn up to S$2,000 in cash rebates in a year!
With a minimum of 5 transactions per statement month, you can earn 3.33% cashback on eligible retail spending if you spend at least S$500.
With luxury items, it’s not very difficult to hit those tiers.
On top of the base cashback, you can also earn enhanced cashback of up to 15% on:
- Shopee
- Dairy Farm International – which includes popular stores such as Cold Storage, 7-Eleven, Giant, and more
- Grab
- SimplyGo – bus and train rides, and
- UOB Travel transactions
This up to 15% enhanced cashback promotion is mainly for new-to-UOB cardmembers who sign up by 30 June 2023, so if you are considering this card, sign up before the date!
Existing UOB cardholders can also enjoy an enhanced cashback of up to 10% on the same categories.
Also, if you charge the UOB One Card at Shell petrol stations, you’ll get 1.67% cashback!
In addition, all cardmembers awarded the quarterly cashback will also receive an additional 1% cashback on Singapore Power utilities!
So the next time you pay your SP bill with the UOB One card, rest assured you’ll earn some money back.
This card caps cashback earnings at S$50, S$100, and S$200 per quarter based on minimum monthly spending requirements.
However, as this doesn’t include the additional or enhanced cashback you earn, that’s how cardmembers can still earn up to S$2,000 in cash rebates a year!
Don’t believe me? Try out UOB’s cashback calculator!
I think that all in all, this card is really useful for all your online shopping needs.
However, to make the most out of it, you need to be hitting the highest monthly spending requirement of S$2,000 to earn the maximum annual cash rebates of up to S$2,000.
Which is also the big catch for this card.
For this card, the main idea is to spend more to earn more. With that said, you do need to watch your spending.
Not in the sense that you should spend less, but don’t spend above $2,000/month on this card.
If you had tried the calculator, you’d have realised that anything you spend over S$2,000 will not get you more cashback.
So this card is more tailored to those who spend at least $2,000/month and for Shopee fans with that enhanced cashback.
It’s a good card to consider, but I’d probably supplement this with another card for my spending above $2,000.
Conclusion
In conclusion, choosing the best shopping credit card in Singapore can seem daunting, but it doesn’t have to be.
By considering your spending habits and priorities, you can easily find a card that offers the rewards and benefits that are most important to you.
So why not start enjoying the perks of a great shopping credit card today?
Whether you’re looking to earn cashback, accumulate reward points, or enjoy exclusive discounts, there’s a perfect card out there waiting for you.
Happy shopping!
