Best Credit Cards For Hospital & Medical Bills (2025)
Despite plenty of government subsidies, healthcare costs in Singapore can quickly add up - all the more so if you or your loved ones are hospitalised. While huge hospital bills are definitely painful, you can nonetheless save a little bit on your medical expenses with the right credit card. We will also show you some credit cards with 0% instalment payment plans so you can pay off your bills in smaller amounts.
Which Credit Cards are Best for Hospital & Medical Bills?
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American Express True Cashback Card
- on up to $5,000 spend in the first 6 months for new Card Members.
- 3.0% Cashback
- all subsequent eligible purchases
- 1.5% Cashback
- Cash Back Cap
- Unlimited
Get S$70 Cash via PayNow or 1,120 SmartPoints when you spend a min. of S$500 within 30 days! T&Cs apply. Use your SmartPoints earned to redeem ANY product from our Rewards Store.
This particular credit card has a slight edge over the rest, as the standard cashback rate (usually a modest 1.5%) is bumped up to a generous 3% on the first S$5,000 of spending within the first 6 months. So if your hospital bill is S$8,000, for example, you get S$150 (3% of the first S$5,000) + S$45 (1.5% on the next S$3,000) = S$195 cashback.
The one drawback is that, being an American Express credit card, this may not be as widely accepted as Visa or Mastercard.
UOB One Card
- Cashback on McDonald's, DFI Retail Group, Grab, Shopee, SP and more
- Up to 20%
- Cashback Cap per quarter
- Up to S$500
- Min. Spend per month
- S$500
Unlike other credit cards which give you cashback monthly, the UOB ONE Card gives you a flat S$300 rebate once a quarter if you spend at least S$2,000 on it consistently every quarter, with a minimum of 5 transactions per month. That works out to a maximum of 5% in savings.
If you do not spend S$2,000 every month without fail, there are also lower cashback categories for spending S$1,000 or S$500 every month, but these work out to only 3.33% cashback.
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HSBC Advance Credit Card
- Base Cashback
- 1.5%
- Cashback when you spend more than S$2,000
- 2.5%
- Cashback Cap per month
- S$70
[UPSIZED REWARDS OF UP TO S$450! | LUCKY DRAW]
Get S$199 Cash via PayNow + $251 eCapita Voucher (total worth S$450) or 6,140 SmartPoints when you apply, spend a min. of S$800 from Card Account Opening Date to end of the following calendar month! Pay Annual Fee for HSBC TravelOne Card.
PLUS score a Apple 15-inch MacBook Air, 256GB (worth S$1,899) when you apply and participate in our Lucky Draw! T&Cs apply.
If you are an HSBC Advance customer, you get a boosted cashback rate of 3.5%, capped at S$125. Best of all, you get a perpetual annual fee waiver.
Standard Chartered Simply Cash Credit Card
- on Eligible spend
- 1.5% Cash Back
- Min. Spend per month
- S$0
- Cash Back Cap per month
- Unlimited
Get S$380 Cash via PayNow or earn 5,040 SmartPoints when you apply and meet the spend criteria! T&Cs apply. And stand chance to win a Porsche Taycan Base (2025) in SC Million Reasons to be Happier Lucky Draw! T&Cs apply.
Additionally, enrol in our Rollin' Rewards campaign for FREE, and stand a chance to win 6,140 SmartPoints. That’s a total of 11,180 SmartPoints, which you can use to redeem an Apple iPad Air Wi-Fi (11-inch, 128GB) (worth S$899) from our Rewards Store today!
Exclusive: Most Popular Credit Cards in Singapore
MoneySmart has helped over 3 million users find the best credit cards in the market. Curious to know what people searched for? Find out in this members-only report and get insights on which card you can apply for next! Plus, try out our personality quiz to find which card matches your taste!
Frequently Asked Questions
Is it better to pay your medical bills with a credit card?
- Paying your hospital bills with a credit card may offer attractive rewards or cashback, but you should only do this if you are absolutely confident that you can repay your credit card bill in full. Otherwise, you run the risk of your credit card debt snowballing month after month.
Which credit card is best for hospital bills?
- It depends on what you are looking for and how much you expect to spend, but generally, since hospital bills are difficult to predict, it is probably best to use one of the fuss-free unlimited cashback credit cards available in Singapore. This way, you do not need to worry about hitting any minimum spend or hitting a cap.
What if you cannot afford to pay your medical bill?
- Do not charge your medical bill to a credit card and hope to delay paying it off. If you cannot afford the hospital bill, speak to the hospital or clinic's financial aid department to find out what the financing options are.
