We found 1 UOB Credit Card for you!
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Up to 10 Miles per S$1 spent
- Minimum Amount
- S$500
- Interest p.a.
- 0%
- Tenure
- 6 or 12 month
Best UOB 0% Instalment Plan Credit Cards in Singapore 2024
Convert big purchases into small instalments with these UOB 0% interest instalment plan credit cards.
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Best Credit Card in Singapore 2024
| Credit Card | Best For | Reward Type |
|---|---|---|
| Citi Cash Back Card | Savings on dining, grocery and grab spendings | Cashback |
| Citi PremierMiles Card | Earning bonus miles that do not expire | Miles |
| American Express Singapore Airlines KrisFlyer Ascend Credit Card | Convenience and perks for frequent flyers | Miles |
| Standard Chartered Simply Cash Credit Card | Unlimited cashback with Ez-link capabilities | Cashback |
| UOB One Card | Card and Savings Account Bundle | Cashback |
| DBS Live Fresh Card | Highest cashback on any contactless payment | Cashback |
| HSBC Advance Credit Card | Newlyweds and married couples | Cashback |
| American Express The Platinum Card® | High Net-worth Individuals | Reward Points |
| UOB EVOL Credit Card | Dining and Entertainment | Cashback |
| Standard Chartered Smart Credit Card | Netflix, Spotify, fast food dining and public transport | Cashback |
With SmartRewards, you can earn SmartPoints and choose any gift from our Rewards store.
Compare Credit Cards for Everyday Use
When comparing the best credit cards for rewards, it is often a good choice to combine multiple credit cards each specializing in a particular spending type or card feature that best suits your lifestyle. Avoid paring Miles credit cards with Cashback credit cards since these reward types are incompatible. Points credit cards, on the other hand, are more flexible as they can be used to either get cash rebates on specific merchants or convert points into miles to redeem free flight tickets.
Air Miles
Miles Credit Cards
- Citi PremierMiles Card: Use for online hotel and flight bookings
- UOB PRVI Miles Card: Use for general local spend
- American Express Singapore Airlines KrisFlyer Card: Use for earning KrisFlyer miles
Cashback
Cashback Credit Cards
- Citi Cash Back Card: Use for grocery shopping worldwide
- Standard Chartered Simply Cash Credit Card : Use for unlimited cashback
- OCBC 365 Credit Card: Use for spending on everyday dining
Reward Points
Reward Points Credit Cards
- Citi Rewards Card: Use for retail shopping to earn extra miles
- American Express CapitaCard: Use for shopping at CapitaLand Malls to earn cash rebates
- DBS Woman's World Card: Use for free gym memberships
Credit Cards Recommendations
Discover the ultimate credit card recommendations designed to cater to your diverse financial needs. Whether you're a jetsetter, cost conscious individual, or on the hunt for exclusive deals, read our list of articles to find your perfect card.
The Ultimate List of Credit Card Reviews in Singapore
Delve into the intricacies of credit card offerings, dissecting features, fees, rewards, and everything in between. We’ve done the dirty work so you don’t have to.
What customers are saying about our credit cards (From Google Reviews)
Visa Card vs Mastercard vs American Express
At some point in your life, you’ll probably wonder if there’s a difference between a Visa card and Mastercard (and maybe American Express). Visa, Mastercard and Amex are the 3 big global payment networks. This means they handle all the technical back-end stuff that makes it possible to pay with your credit card anywhere in the world. Visa and Mastercard are extremely widely accepted worldwide, both online and offline. Both payment networks are easy and secure to use. Visa has a slight edge in terms of acceptance, but really, you’ll be fine with either. American Express is a bit less widely accepted globally. However, many people still love using Amex because they have an excellent reputation for customer care. Whichever payment network you choose, you can get a credit card from a bank like DBS or UOB. Note that American Express also issues its own credit cards, even though it’s not a bank.
Minimum Balance Payment for Credit Cards
Is paying the minimum balance bad?
Because credit cards are effectively short-term loans, you are meant to pay off your bills in full every month. If you make only the minimum payment each month, you may accrue huge additional costs on top of your bill due to the credit card’s interest rate (typically 24%+)!
Does paying only minimum balance affect credit score?
Yes, If you plan to apply for any kind of credit or loan (such as a housing loan or car loan) in the future, be aware that any “bad behaviour” with your credit card can come back to haunt you in the form of a bad credit score.
Which Credit Card is the Best in Singapore?
With so many credit cards in Singapore to choose from, it can be difficult to narrow down the best credit cards to suit your lifestyle. Unfortunately, there’s no single best credit card in Singapore. You’ll have to choose the best one for you. Here’s how:
Find a card that fits your spending habits
Think about your current lifestyle and spending habits. What are the things you spend the most money on? For example, if you’re a real foodie and love checking out new restaurants around town, then it makes sense to get a card with rewards points for dining out and useful perks like 1-for-1 buffet promotions.
Plan how to use your credit card benefits
Credit cards come with a whole bunch of benefits, so think about which benefits you actually want to use. Do you want to collect air miles and fund your upcoming travels? Or accumulate points for shopping vouchers? Or would you rather enjoy cash rebates? This is a deeply personal matter - only you can decide how you prefer to be rewarded. Make use of the ongoing credit card promotions to enjoy the full benefits of the card rewards on top of the promotion offer.
Check the Terms & Conditions
Now that you’ve got a shortlist of credit cards, it’s time to dig deeper into the details of the rewards or air miles programmes. Find out all you can about terms and conditions like expiry dates, exclusions, minimum spend, credit limit, etc. Be sure to ask a bank rep to clarify if you don’t see answers anywhere.
Annual Fees are NOT the Only Credit Card Fee!
Annual fees aren’t the only type of credit card charges you might be paying. Many of these other common fees will impact the benefits you earn, so be mindful of them and actively monitor your spend.
Foreign Transaction Fees
This is a fee imposed on overseas spending - whether it’s while you’re traveling or even when making an online purchase on a foreign website. This is usually 2.5% to 3.25% on top of the prevailing foreign exchange rate.
Cash Advance Fees
Some credit cards allow you to withdraw cash from ATMs, using your credit line. Be prepared to fork out up to 8% of the transaction amount.
Balance Transfer Fees
Charged when you move a balance from one card to another, usually 2% to 4.5% of the amount transferred.
Frequently Asked Questions
How do credit cards work?
- A credit card is basically a way to borrow money from a bank to make purchases. Unlike a bank loan, a credit card “loans” money in smaller amounts and on a short-term basis, requiring you to pay the bank back monthly (or be subject to unpleasant penalties and interest fees). The biggest payment networks are MasterCard, VISA and American Express, but do note that merchants may not accept all types.
How do I apply for a credit card?
- Simply fill out an application online or at a bank branch and submit the required documents such as proof of income. After approval, the bank will inform you about how much you are allowed to borrow and mail you your new credit card. You’ll need to activate the credit card as well as sign on the back.
What’s the difference between debit cards and credit cards?
- Unlike credit cards, debit cards do not involve any borrowing. They are linked to your bank account, so purchases made on your debit card are paid for by deducting straight from your funds. You must have sufficient funds on hand to use your debit card. If you have a credit card, you can borrow the money for the time being and pay it back later.
How to prevent credit card fraud?
- There’s no sure-fire way to prevent credit card fraud, so unfortunately holding a credit card also means being vigilant about making sure it doesn’t end up in the wrong hands. Make use of credit card alerts, monitor your transactions closely, be wary of phishing scams and don’t make it easy for others to get hold of your credit card information.
What should I do with my credit card statement?
- It might not be the most fun thing to read, but it IS super important to understand your credit card statement. So don’t throw it away without checking it. Of course, after reading the statement you will have to pay your bill – typically through online banking, though some people use ATMs, SAMs, AXS machines or go to the bank in person.
What if I only make the minimum payment on my bill?
- Because credit cards are effectively short-term loans, you are meant to pay off your bills in full every month. If you make only the minimum payment each month, you may accrue huge additional costs on top of your bill due to the credit card’s interest rate (typically 24%+)
What are the hidden credit cards benefits?
- Did you know? Credit cards benefits include travel insurance coverage and rental car insurance and many other perks such as access to airport lounges however these benefits can vary depending on the credit card issuer and card type. If you are looking for the best car insurance quotes, our specialists will find it for you!
What are SmartPoints?
- SmartPoints is MoneySmart’s reward currency. Earn SmartPoints when you apply for financial products through MoneySmart or when you complete actions on MoneySmart. SmartPoints will be credited to your wallet where eligible. You can then use the SmartPoints in your wallet to redeem gifts from the Rewards Store or even convert them to cash.
What can I use SmartPoints for?
- SmartPoints can be used to redeem gifts from the Rewards Store or even convert them to cash.