Best Credit Cards in Singapore

Singapore has a wide variety of credit cards which offer competitive benefits. This make each card uniquely valuable to applicants. Your credit score is an important indicator of your financial stability at all times. Therefore it is important that you go for the best possible option when it comes to applying for credit cards. Let us list down a few options that you can go for when it comes to selecting a credit card to apply in Singapore. Each card has a unique benefit which you can choose according to your lifestyle and which benefits you are specifically looking for.

ANZ Optimum World MasterCard

This is one of the best options you have especially if you are constantly traveling and/or spending frequently on entertainment options such as dining, leisure activities etc. You need to have a minimum annual income of $80,000 in order to be eligible to apply for this card. It also offers a 5% cashback on a variety of categories related to leisure and traveling. The cashback option is unlimited and even for the general transactions, they offer a 1% of cashback which will be beneficial especially if you are spending in excess.

Payment per annum – $180

HSBC Visa Platinum Credit Card

HSBC is popular globally for its rewards in travelling. In Singapore, they have an attractive plan of privileges for local expenses such as restaurants and other merchants. There are many deals and discounts that HSBC offers for their Platinum card owners throughout the year. It is rather unmatched to almost every other card that you can obtain within Singapore. They also offer a 3% cash back for basic expenses such as Petrol and Groceries, which makes it the ideal everyday credit card.

Payment per annum – $180

The American Express® Platinum Credit Card

Amex Platinum is the best treat you can give to the foodie in you. They offer large discounts of up to 50%, from many restaurants which are popular. One of the downsides of this card is the high annual fee that it charges. But if you can go for a fee waiver offer, it will surely help you pamper the foodie in you among other things.

Payment per annum – $321

SingPost Platinum Visa Credit Card

If you are addicted to online shopping as many people are at present, SingPost Platinum is one of the best options that you can go for with no doubt. It offers a large 7% cash back for selected online purchases which include travel related bookings as well. They also offer lesser but definite cashback for other transactions as well (ranging from 2% – 0.2%). It also promises price protection which lets you get a 50% difference refunded if you find lower prices on something you bought within 30 days.

Payment per annum – $180

Remember to always be careful when you’re using credit cards. Do not max out your credit limit as you will have to eventually pay it back. Read one of our other articles on how to use credit cards wisely. If you are currently in credit card debts, consider getting a loan from us to clear all your outstanding debts. By doing a debt consolidation, you will only have to deal with one party. This will make it easier for you to manage your debts. Drop us a message or apply now to check if you’re able to get a loan from us.