7 Best Credit Cards in Singapore (2026) — Cashback & Rewards Ranked

The highest headline rebate on this list. Earn up to 13.5% cash rebates on yuu merchant spend (Cold Storage, Giant, Guardian, 7-Eleven, foodpanda) and up to 13.25% on SimplyGo transport — but you must hit S$800 minimum spend AND transact at 4 different participating merchants in the same calendar month. Miss either condition and it drops to 5%. Non-yuu merchants earn 0.25%. Bonus rebates are capped at S$144 a month.

The everyday cashback workhorse. Earn 5% on dining and 3% on groceries, utilities, petrol, private hire and SimplyGo, streaming, pharmacy and EV charging — 0.25% on everything else. Cashback is capped: spend S$800–S$1,599 a month and you can earn up to S$80 back; hit S$1,600 and the cap rises to S$160. Spend under S$800 and you drop to a flat 0.25%. The OCBC 365 is the card Singaporeans turn to for consistent returns across daily spending categories.

Best for disciplined spenders who can hit a fixed monthly spend target every month of the quarter. Earn up to 10% cashback at Grab, McDonald's, Shopee and SimplyGo, up to 8% on groceries, up to 4.33% on Singapore Power utilities, and fuel savings of up to 22.66% at Shell and SPC. Cashback is paid quarterly: S$600/month (min. 10 transactions) returns S$60, S$1,000 returns S$100, and S$2,000 returns S$200 — up to S$2,240 a year. Pairs perfectly with the UOB One Account for bonus interest.

A strong contender for drivers and commuters — earn 8% cashback on petrol worldwide and private commute (Grab, Gojek), plus 6% on dining and groceries. Everything else earns 0.2%. The S$800/month minimum spend is manageable for most households, but note the cashback is capped at S$80 a month combined across all categories, not per category. Annual fee S$196.20, first year waived.

The no-fuss card for people who hate complicated cashback structures. Earn a flat 1.5% cashback on all spend, no minimum spend, no cashback cap, no category restrictions. Annual fee of S$196.20 is waived for the first year. If you want one card to rule them all without tracking categories, this is it.

The best card for online shoppers and contactless payment users. Earn 10X rewards points (equivalent to 4 miles per $1) on online purchases and contactless payments — which covers most daily spending in Singapore — with bonus points capped at 9,000 a month. Hold S$50,000 average daily balance in an HSBC Everyday Global Account and that rises to 20X points, or up to 8 miles per $1, capped at 22,800 bonus points a month. Annual fee waived. One of the best miles-earning cards at this price point.

American Express's simplest card — flat 1.5% cashback on all spend with no minimum spend or cashback cap. New cardmembers enjoy 3% cashback for the first 6 months (up to $5,000 spend), making it one of the best welcome offers in Singapore. Note: Amex acceptance is slightly lower than Visa/MC at smaller hawker stalls.