Best Shopping Credit Cards 2018

If shopping is one of the biggest category of expenditures for you, you may want to look for a card that with high rewards on shopping at shops and online. With this principle in mind, our team reviewed 100+ options to come up with the best shopping credit cards – based on the value of rewards and bonuses they provide.

Table of Contents

Best Miles Card for Shopping: Citi Rewards Visa Card

In our opinion, there are two credit cards in Singapore that provide the best rewards for shopping. The first is Citi Rewards Visa Card. Unlike most other shopping rewards cards that offer awards only at predesignated stores or online, Citi Rewards card provides extra miles where ever you shop, even in foreign countries. Combining flexibility of choosing where to shop with 4 miles for every S$1 spent on shopping, Citi Rewards card has the best rewards program we’ve seen in this category. Besides shopping, it also helps you save money on petrol at Esso and Shell (up to 14%), though we do admit 0.4 miles on other purchases is pretty dismal. For this reason, we highly recommend Citi Rewards Visa Card only to active shoppers who can earn enough miles to offset the high S$192.6 of annual that is not waived.


  • Annual fee: S$192.6
  • Up to 14% off on petrol at Esso and Shell
  • Welcome Bonus: S$120 cash back
  • 4 miles (10 reward points) for every S$1 spent on shopping (including online), 8 miles (20 reward points) at select shops
  • Promotion: 8 miles per S$1 spent on Lazada and Amazon
  • Read Our Full Review

Best Shopping Miles Credit Card without Annual Fees: OCBC Titanium MasterCard Credit Card

OCBC Titanium MasterCard Credit Card is another one of the top 2 shopping rewards credit cards in Singapore. After its major rebranding in 2016, it is providing equivalent mile awards as Citi Rewards credit card: both cards now provide 4 miles for every S$1 spent on shopping, and 0.4 miles for S$1 spent on all other things. Not only that, OCBC Titanium extends the 4 miles reward to every S$1 spent via mobile payments like Apple Pay and Android Pay, which is widely accepted everywhere in Singapore. Its annual fee of S$192.6 is waived for 2 years, and subsequently waived as long as you spend at least S$10,000 on the card annually. If you are looking for a shopping credit card that earns miles and want to avoid paying high annual fees, OCBC Titanium is an excellent choice.


  • Annual fee: S$192.6, 2-year annual fee waiver, with subsequent years waived with annual spend of S$10,000
  • 4 miles for every S$1 spent on mobile payments (Apple Pay, Android Pay, Samsung Pay)

Best Mile Card for Entertainment & Online Shopping: HSBC Revolution Card

HSBC Revolution Card is the best no-annual fee air miles credit card in Singapore, in our view. First, its rewards program focuses on major spending areas for an average consumer: dining, entertainment and online shopping. For each of these categories, HSBC Revolution earns 2 miles per S$1. Not only that, HSBC Revolution provides the same 16% off on petrol and 10% off on travel bookings so you can save even more money. Though it does charge an annual fee of S$160.5, you can get this waived quite easily, as the first 2 years are waived and subsequent years are waived for those who maintain an annual expenditure of S$12,500 on the card. Since the average monthly spend in Singapore is S$2,000, spending S$1,000 per month to get this fee waived should be reasonably easy for most people.


  • Annual fee: S$160.5. waived for 2 years, and then waived in subsquently for annual spend of S$12,500
  • 16% off on petrol at Caltex & Shell
  • Welcome Bonus: American Tourister Caravan 70cm TSA luggage (worth S$260) + up to 5% cashback on online spends + S$20 cash rebate for supplementary card
  • Read Our Full Review
  • 2 miles on online spend (shopping and travel bookings), dining, and entertainment
  • Up to 10% off on travel bookings online
  • Promotion: Save up to S$10,000 with 1,000 Entertainer 1-for-1 deals

Best Cashback Card for Online Shoppers: DBS Live Fresh Card

For shoppers who spend most of their money online or via mobile payments, DBS Live Fresh Card is likely the best credit card they can get in Singapore. This card can provide up to 10% of cashback on online purchases and mobile transactions (i.e. Visa payWave, Apple Pay, etc): 5% of cashback on online and mobile payments is doubled to 10% for the first 6 months of account opening. Although this card requires S$600 of monthly spend to be eligible for these benefits, DBS Live Fresh Card can help save up to S$60/month on your online transactions.


  • Annual fee: S$128.4, waived for 1 year
  • 5% additional rebate on online & mobile payments for 6 months (valid for accounts opened by 31 March 2018)
  • Read Our Full Review
  • 5% cashback on online transactions and mobile payments
  • Automatic enrollment for EZ-Reload

Best Cross-border Online Shopping Rebate Card: Standard Chartered SingPost Spree Credit Card

Standard Chartered SingPost Spree Credit Card is a unique online shopping rebate card that doesn't have a monthly spending requirement. Therefore, this card can be a good fit for people who spend relatively little on online shopping. Furthermore, it is a particularly good fit for people who like to shop with online retailers overseas, since it provides up to 3% of cashback on foreign currency online transactions & vPost purchases.


  • Annual fee: S$192.6, waived for 2y ears
  • No monthly minimum spend & Online price guarantee
  • Bonus: 20% discount on Uber fares globally (max S$50 per month)
  • Rebates: 3% foreign currency online purchases & vPost transactions, 2% on local online transactions, 1% on other retail transactions
  • Promotion: Up to S$120 welcome cash bonus for new customers
  • Read Our Full Review

Best Online Shopping Cash Rebate without Annual Fees: OCBC Frank Card

OCBC Frank Card offers a respectable 6% rebate on online expenses, including travel bookings and food delivery orders. Not only that, OCBC Frank card helps you save money up to 5% on other indulgences like entertainment and night life. The highlight of the card relative to other cards featured here, however, is that it is super cheap to use because of its low annual fee of S$90 that is waived for 2 years and subsequently waived with a S$5,00 of annual expenditure. OCBC Frank Card lets you indulge yourself with zero extra costs typically associated with using rewards cards.


  • Annual fee: S$80, waived for 2 years and subsequently waived for annual spend of over S$10,000
  • 5% rebate on all entertainment expenses on weekends, 3% on weekdays
  • Read Our Full Review
  • 6% rebate on all eligible online spend, including online shopping, travel bookings and food delivery orders (Requires S$400 of offline spend)
  • 14% off on petrol at Caltex & Esso stations

Highest Flat Rate Cashback Card: UOB One Card

UOB One Card provides one of the best flat rate cashback awards in the country. As long as your monthly spend is consistently about S$2,000, S$1,000 or S$500, UOB One Card awards quarterly rebate ranging from S$50 to S$300. While it could be rather complicated to use, UOB One Card will award up to 5% of cashback on every expenditure on the card including shopping. Given this, we think UOB One is suitable for people who have high visibility on their monthly expenses and can optimize their balance on the card at exactly S$2,000 a month. If you shop quite often and regularly, it could be a great way of getting another 5% off of your shopping spree.


  • Annual fee: $192.6, waived 1st year
  • Up to 24% discount on petrol at SPC and Caltex
  • Promotion: Up to S$120 of cash credit for new customers
  • Flat rate cashback of up to 5% (max S$100/month)
  • Extra interest income of up to 3.33% on your UOB One Savings account
  • Read Our Full Review

Best Unlimited Cash Rebate Card for Shopping: Standard Chartered Unlimited Cashback Card

Standard Chartered Unlimited Cashback Card stands out among cashback cards because it has no cap on the amount of cashback one can earn. Unlike cards that has caps on cashback earned, Standard Chartered Unlimited Cashback Card will reward you as much cashback as you want as long as your budget is big enough. It has a flat rate of 1.5% cashback on everything, and a boost of 3% cashback on overseas expenditures. This card is the epitome of convenience, with no monthly spend requirement. With this card, you no longer have to worry about which cards to use for which type of expenditures or how much to spend on each card to meet various requirements.


  • Annual fee: S$192.6, 2 Year Waiver for its
  • No cap on cashback or monthly spend requirement
  • Promotion: Up to S$140 in cashback for new customers
  • Read Our Full Review
  • 1.5% cashback on everything
  • Doubles up as an EZ-Link Card
  • Bonus: 20% discount on Uber fares globally (max S$50 per month)

Versatile Cashback Card for Shopping: OCBC 365 Credit Card

Just as the name suggests, OCBC 365 Credit Card is meant to be an everyday card providing a wide range of rewards. One of those rewards is 3% rebate on online shopping. While this is not as high as those of other cards mentioned above, OCBC 365 card comes with many other perks like 6% rebate on dining, 3% cashback on groceries, 3% rebate on utilities and 22.2% discounts on petrol. Its reward program is well curated for categories central to everyone’s life. If you are looking for a more versatile card with benefits in shopping, OCBC 365 is an excellent candidate for your choice.


  • Annual fee: S$192.6, waived for 2 years and subsequently waived for annual spend of only S$10,000
  • Up to 22.2% on petrol
  • Rebates: up to 6% on dining, 3% on online shopping, groceries and recurring monthly bills
  • Read Our Full Review

Summary of Best Shopping Rewards Credit Cards 2017

In case you want a quick look at our picks, here are ValuePenguin's best shopping rewards credit cards for 2017.

Shopping CardsShopping RewardAnnual Fee
DBS Black Card5% on shoppingS$192.6
DBS Live Fresh CardUp to 10% onlineS$128.4
Citibank Rewards Card4 milesS$192.6
OCBC Titanium4 milesS$192.6
UOB One Card5%S$192.6
Standard Chartered Unlimited Cashback Card1.5%S$192.6
OCBC Frank Credit Card6% onlineS$80
UOB YOLO Card3% onlineS$192.6
OCBC 365 Card3% onlineS$192.6

Best Shopping Rewards Credit Cards by Dollar Value

Below is a visual representation of the approximate savings one can earn by using the best shopping credit cards in Singapore. These dollar values*} represent the approximate amount of rewards a person can earn in cash rebate & air miles when spending S$2,000 per month for 2 years. However, this amount can vary widely depending on what your spending habit looks like and how you redeem your miles.

A graph displaying how best shopping credit cards compare to one another in terms of their rewards
Best Shopping Credit Cards in Singapore by Estimated 2-Year Dollar Value

*ValuePenguin calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValuePenguin's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Best Department Store Credit Cards

Department stores are a mainstay in the Singapore retail scene, and even if e-commerce and shopping online have become more and more prevalent, you can still find die-hard fans of department stores, especially during card member sales events. One only has to take a look at the queue outside Robinson's department store during card members' sales to know that department stores are still a big part of shopping culture here. If you like to shop at Robinson's, TANGS, Takashimaya or Metro, we think you will like our review of the best department store credit cards in Singapore we prepared for you here.

Comments and Questions