7 best rewards credit cards in Singapore (2023): Citibank, OCBC, DBS and more

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If you love collecting points and redeeming them, a rewards credit card will give you some added life satisfaction. These days, there's a lot more in banks' rewards catalogues than boring old NTUC vouchers. You can redeem your accumulated points for cash rebates, air miles, nifty gadgets, and dining vouchers at fancy schmancy restaurants. But with the dizzying number of...

15X Points per $5We derived this list by comparing the bonus spend category, the bonus earn rate for spend in those categories, the cap on how much you can spend on the bonus categories, and the expiry of the points you accumulate.

These include a two per cent cash rebate when you shop at Best Denki, up to 14 per cent discount at Esso stations, and up to 16 per cent discount at Caltex stations with the stations' onsite discounts. The 5x bonus points only apply to the first $1,000 you spend online in a calendar month. Do note that the DBS points are awarded in blocks of $5 spent, while miles are awarded per dollar — two miles for every $1 spent.

If you haven't been touched by the travel bug, the card Standard Chartered Rewards+ Card isn't going to be as useful for you. While it does earn you 5x rewards points per $1 spent on local dining, which other cards like the Citi Rewards Card definitely beat. During the “further period”, any rewards points you earn will be valid for this new three-year period.Singaporeans and PRs need to earn at least $30,000 annually to be eligible for the Standard Chartered Rewards+ Card. This doubles for non-Singaporeans, whose minimum income requirement is S$60,000.With the HSBC Revolution Card, you can earn 10X rewards points per $1 on online spending and contactless payments.

The UOB Preferred Platinum Card offers up to 10 rewards points for every $5 spent on selected online shopping, online entertainment and mobile contactless payments. There's no minimum spend for the UOB Lady's Card, but there is a maximum of 2,800 reward points you can earn each month. That means once you hit an expenditure of $1,000 for the month, you should try to reign in your inner shopaholic or charge your purchases to another card.You can choose any one of the following categories to receive your 15x points per $5 spend bonus on: beauty & wellness, dining, entertainment, family, fashion, transport and travel.

 

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