Best Credit Card Sign-Up Bonuses in Singapore (2024)

Are you looking for the best credit card sign-up bonuses in Singapore? Look no further! With so many credit card options available, it can be overwhelming to choose the right one.

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Best Credit Card Promotions in Singapore

However, credit card promotions can make the decision easier by offering attractive rewards and benefits for new cardholders. From cashback to travel rewards, there are many promotions available to help you maximize your savings and rewards.

In this guide, we will explore the Best Credit Card Sign-up Bonuses in Singapore for January 2024, including promotions from Citibank, HSBC, Standard Chartered, CIMB, and Citi Rewards Card.

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Top 5 Best Credit Card Promotions in Singapore (2024)

CardSign-up promotion for new card members
Citi Rewards Card Apple iPad or S$300 cash
Standard Chartered Simply Cash Credit CardAirPods Pro or S$350 cash 
CIMB World MasterCardS$280 cash
CIMB Visa SignatureS$280 cash
HSBC Revolution Credit CardS$250 cash

Below, we will analyze the top credit card promotions. This includes examining the essential features and advantages offered by each credit card, understanding the eligibility criteria for obtaining the credit card, and exploring the sign-up rewards granted upon application for the credit card.

Citi Rewards Card Promotion

The Citi Rewards Card promotion offers various benefits for cardholders. Currently, new-to-bank Citi Rewards cardholders can receive a sign-up bonus of 16,000 miles by spending just S$800 within the first 2 months of approval.

This promotion is valid until April 30, 2024, and includes features like earning 10X points in specific categories, a full fee waiver for the first year, and the opportunity to earn 40,000 bonus Citi ThankYou Points by spending at least S$800 on the card within the qualifying period.

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Additionally, the card allows for points to be redeemed for various rewards such as gift cards, shopping online, covering recent purchases with a statement credit, and travel rewards with no expiration date on earned points.

Citi Rewards Card Promotion

Features & Benefits:

  • Welcome bonus: You can earn up to 2,500 points after getting the card.
  • Earning points: You get 1 reward point for every 125 rupees spent and 10x points for purchases at department and apparel stores.
  • Monthly bonus: There’s a bonus of 300 points for spending over 30,000 rupees in a month.
  • Points never expire: You can save your points and use them later
  • 6% cashback on fuel spending at all petrol service stations.
  • Up to 22.92% fuel savings at Caltex, including an 18% instant discount for all fuel purchases.
  • 5% cashback on everyday dining, covering local and overseas dining as well as online food delivery.
  • 3% cash back on groceries (supermarkets, local and overseas, and online), private hire (Grab/Gojek), taxi rides (local and overseas), bus and train rides using SimplyGo, purchases at pharmacies like Guardian or Watsons, streaming services (Netflix and Spotify), electric vehicle charging stations, and recurring telco and electricity bills.
  • Complimentary travel insurance of up to S$500,000.

Conditions:

  • Minimum spend of S$800, with cashback capped at S$80 per calendar month.
  • Minimum annual spend of S$10,000 from the date of issue for an automatic annual fee waiver.

Eligibility:

  • Minimum age: 21
  • Minimum annual income: S$30,000

Promotion:

  • Sign up for an OCBC 365 card through the provided link to receive a Dyson Supersonic hair dryer (worth S$699), Apple iPad 9th Gen 10.2 Wifi 64GB (worth S$503.65), Nintendo Switch OLED (worth S$549), or S$250 Cash via PayNow + S$100 eCapitaVoucher.
  • The promotion is valid for new OCBC credit card holders only.
  • Spend at least S$500 on eligible purchases within 30 days of card approval.

Standard Chartered Simply Cash Credit Card Promotion

The Standard Chartered Simply Cash Credit Card offers various promotions across different regions.

In Malaysia, the card provides up to 15% cashback on petrol, e-wallets, grocery, and dining spends at selected merchants, with an RM800 cashback offer for online applications until April 30, 2024.

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In Singapore, the card offers 1.5% cashback on all eligible spends with no minimum spend required, along with up to 24.5% savings at Caltex for new cardholders.

In Hong Kong, the Simply Cash Visa Card provides 1.5 – 2% CashBack all year-round at any merchants, online or offline, with an annual fee of HKD2,000 and an APR of 35.70%.

Additionally, a promotion for new Standard Chartered credit card members in Singapore includes rewards like eCapitaVouchers for minimum spends within specific timeframes.

Standard Chartered Simply Cash Credit Card Promotion

The promotion includes rewards such as S$400 SUPER Upsized Cash via PayNow, an Apple iPad 9th Gen 10.2″ WiFi 64GB, and a $30 instant fuel discount voucher via Push Million at Caltex.

Features & Benefits:

  • Cashback: Earn 1.5% cashback on all your spending. There might be limitations on what qualifies as an eligible purchase, so be sure to check the terms and conditions.
  • Welcome Bonus: You might be eligible for a welcome bonus, like cash back upon activating the card. The amount can vary depending on the promotion.
  • No Minimum Spend: There might not be a minimum spending requirement to qualify for the cashback benefit.
  • Other Perks: The card might offer additional benefits like discounts at partner merchants or airport lounge access
  • Earn 1.5% cashback on all spending with no minimum spend requirement and no cashback cap.
  • Enjoy up to 24.5% savings with Caltex.
  • Receive S$288 cashback when you spend S$588 within 30 days of card approval.
  • Access offers and privileges for online, dining, retail, and more through The Good LifeĀ®.
  • The annual fee is waived for the first year.

Eligibility:

Minimum Age: 21
Minimum Annual Income: S$30,000

Promotion:

  • Sign up for a Standard Chartered to receive an AirPods Pro Gen 2 + AirTag bundle (worth S$407.35), Nintendo Switch Gen 2 (worth S$399), Xiaomi Robot Vacuum S10 EU (worth S$379), or $350 cash via PayNow.
  • The promotion is valid for new Standard Chartered credit card holders only.
  • Spend at least S$500 on eligible purchases within 30 days of card approval.

CIMB World MasterCard Promotion

The CIMB World MasterCard promotion offers various benefits for new cardholders. In Singapore, new card members can enjoy a sign-up promotion with no annual fees and up to 10% cashback, along with a welcome gift of S$188.

The CIMB World MasterCard currently offers various promotions and benefits for cardholders. One of the promotions includes earning up to 3% unlimited cashback for specific categories until a certain date.

Additionally, new customers applying for the CIMB World MasterCard can receive rewards such as a cash reward or a product by meeting specific spending criteria within a set period.

The card also provides benefits like unlimited 2% cashback on dining, movies, digital entertainment, taxi, automobile, and luxury goods, as well as access to airport lounges and discounts on green fees at golf courses.

Furthermore, the card offers travel insurance coverage and bonus points for flight ticket purchases and grocery spending.

These promotions and benefits make the CIMB World MasterCard a compelling choice for those seeking cashback rewards, travel perks, and lifestyle privileges.

CIMB World MasterCard Promotion

There is also a promotion offering S$350 Cash via PayNow, a $400 Amazon SG Gift Card, or a Sony WH-1000XM5 Wireless Noise Cancelling for new cardholders who apply through MoneySmart and meet the specified spend criteria.

Features & Benefits:

  • Unlimited 2% cashback on dining, movies, entertainment, taxi and automobile expenses, and luxury goods.
  • Unlimited 1% cashback on all other spending with no minimum requirement.
  • Enjoy a 50% discount on green fees at 42 golf courses.
  • Complimentary travel insurance of up to S$1 million when charging travel fares to the card.
  • Seamless automatic cashback from participating merchants when using the CIMB Mastercard abroad at places like Burberry (United Kingdom) and Michael Kors (United States).
  • Access to over 1,000 airport lounges globally.
  • Can be used for bus and train rides with SimplyGo.
  • No annual fees for life, and up to 4 supplementary cards with no annual fees.
  • A minimum spend of S$1,000 is required for the 2% cashback earn rate.
  • A minimum spend of S$500 is required for the 1% cashback earn rate.

Eligibility:

  • Minimum Age: 21
  • Minimum Annual Income: S$30,000

Promotion:

  • Sign up for a CIMB credit card to receive S$280 cash via PayNow.
  • Promotion is valid for new CIMB credit card holders only.
  • Spend at least S$988 on eligible purchases within 60 days of card approval.

CIMB Visa Signature Credit Card Promotion

The CIMB Visa Signature Credit Card promotion offers various benefits for new cardholders. In Singapore, new card members can enjoy a sign-up promotion with no annual fees and up to 10% cashback, along with a welcome gift of S$188.

CIMB Visa Signature Credit Card Promotion

Additionally, there is a promotion offering S$250 cash via PayNow, $270 eCapita Vouchers, or an Apple AirPods 3rd Gen with Lightning Charging for new cardholders who apply through MoneySmart and meet the specified spend criteria.

Features & Benefits:

  • Enjoy 10% cashback on online shopping, groceries, beauty/wellness, pet shops/veterinary services, and cruises.
  • Unlimited 0.2% cashback on all other spending.
  • Can be used for bus and train rides with SimplyGo.
  • Receive complimentary travel insurance of up to S$500,000 when charging travel fares to this card.
  • No annual fees for life, and up to 4 supplementary cards with no annual fees.
  • A minimum spending of S$800 in the statement month is required to qualify for the 10% cashback.
  • The 10% cashback is capped at S$100 per statement month per principal card member and up to S$20 per category. Earn 0.2% cashback on all spending when exceeding the cashback cap.

Eligibility:

  • Minimum Age: 21
  • Minimum Annual Income: S$30,000

Promotion:

  • Sign up for a CIMB credit card to receive S$280 cash via PayNow.
  • The promotion is valid for new CIMB credit card holders only.
  • Spend at least S$988 on eligible purchases within 60 days of card approval.

To summarize the CIMB Visa Signature Credit Card promotion based on the provided sources:

  • New CIMB cardmembers can earn rewards by applying for select CIMB credit cards and spending a minimum of S$988 within 60 days from card approval date.
  • The promotion is valid until 31 January 2024, and terms and conditions apply.
  • Cardholders can enjoy 10% cashback on online shopping, groceries, beauty & wellness, pet shops/veterinary services, and cruises, with a cashback cap of S$100 per statement month per principal cardmember and up to S$20 per category.
  • The card offers unlimited 0.2% cashback on all other spend, complimentary travel insurance of up to S$500,000, and no annual fees for life with up to 4 supplementary cards also having no annual fees.
  • To qualify for the 10% cashback, a minimum spending of S$800 in the statement month is required, and cashback beyond the cap is at 0.2%.

This promotion provides an opportunity for new cardholders to benefit from cashback rewards on specific categories of spending, along with additional perks like travel insurance and no annual fees.

HSBC Revolution Credit Card Promotion

The HSBC Revolution Credit Card promotion in Singapore offers various benefits for new cardholders. The promotion is valid for new HSBC credit card members only and requires applicants to apply for select HSBC credit cards, provide their marketing consent to HSBC, and make a minimum spend of S$500 by the end of the following month from the card approval date to be eligible for rewards.

HSBC Revolution Credit Card Promotion

Features & Benefits:

  • 10X Reward Points: You can earn 10 points (equivalent to 4 miles or 2.5% cashback) for every S$1 spent on online purchases and contactless payments. There’s a cap of S$1,000 per month for the bonus points, but all other spending earns 1 reward point per S$1 with no cap.
  • Flexibility: You can convert your reward points to cashback or air miles.
  • Travel Benefits: The card includes complimentary travel insurance and access to ENTERTAINER with over 1,000 buy-one-get-one deals on dining, travel, and lifestyle
  • Earn 10X rewards points (equivalent to 4 air miles or 2.5% cashback per S$1) on online purchases and contactless payments.
  • Get a 1X reward point for every S$1 spent on all other transactions.
  • No minimum spend is required.
  • No annual fee.
  • Receive complimentary access to ENTERTAINER with the HSBC app, offering over 1,000 1-for-1 deals on dining, lifestyle, and travel worldwide.
  • Cap of 10,000 reward points per calendar month on eligible purchases.
  • Qualifying transactions for 10X rewards points have additional exclusions.

Eligibility:

  • Minimum Age: 21
  • Minimum Annual Income: S$30,000

Promotion:

  • Sign up for the HSBC Revolution credit card using the provided link to receive a JBL Xtreme 3 (worth S$410), Xiaomi Robot Vacuum S10 (worth $356), Apple Bundle (Apple AirPods 3rd Gen + MagSafe Charger worth S$333.50), or S$250 cash via PayNow.
  • The promotion is valid for new HSBC credit card holders only.
  • Spend at least S$500 on eligible purchases within 30 days of card approval.

Choosing the right credit card with the best sign-up bonuses in Singapore can be a smart financial move. As of January 2024, these bonuses can help you save money and enjoy perks like cashback, rewards, or discounts.

Remember to consider your spending habits and preferences before making a decision. By comparing the available options, you can find a credit card that suits your needs and provides valuable benefits.

Keep in mind that staying informed about the latest offers and promotions can lead to a more rewarding credit card experience.

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