Best Cashback Credit Cards with No Minimum Spend In Singapore

Most cashback credit cards entail an expensive minimum spend each month.

When we talk about no minimum spend credit cards, student credit cards are usually the first thing that comes to mind.

That said, there are still many credit cards out there with no minimum spend for working adults to choose from! Here’s a quick look at the best no-minimum spend credit cards you can go for!

TL;DR: The Best Cashback Credit Cards with No Minimum Spend In Singapore

Credit Card Cashback Cashback Cap
Citi SMRT Card 4.7% cashback on groceries, fast food, cafes, movies, kids & pets. 2.7% on online shopping, and 1.7% on healthcare stores. 1% savings on telcos and town council bills.
Extra 0.3% cashback on all categories if minimum spend hits $300.
$600 a year
HSBC Advance Credit Card 1.5% on all local spend. Up to 3.5% if you spend above $2,000 and are a HSBC Advance member. $70 a month
Standard Chartered Spree Credit Card 3% on online spend in foreign currency and vPost spending.
2% on online spend in local currency, contactless and mobile payments.
1% on other retail spend.
$60 a month
American Express True Cashback Card 3% cashback on up to $5,000 spend in first 6 months of card membership
1.5% on everything else
CIMB World Mastercard 2% unlimited cashback on selected categories with no cap
1.5% unlimited cashback on all other spend
Play at prestigious golf courses for free
CIMB deals and discounts
Unlimited
Standard Chartered Unlimited Cashback Credit Card 1.5% on all local spend Unlimited
Maybank FC Barcelona Visa Signature Card 1.6% on all local spend Unlimited
ICBC Chinese Zodiac Credit Card 1.6% on local and overseas spend Unlimited
OCBC Cashflo Credit Card 1% rebate on monthly bill of $1000 and above $100
CIMB AWSM Card 1% unlimited on Dining, Online Shopping, Telco Unlimited
Maybank eVibes Card 1% on all spend Unlimited

Best For:

Best For Groceries, Food and Transport- Citibank SMRT Card

For those looking for a credit card for family expenses, the Citi SMRT Card boasts high rebates for everyday spending.

The card gives you up to 5% cashback on groceries, dining, and online shopping options. What’s more, you can get 1.7-2% cashback for bus and MRT rides.

The Citi SMRT Card offers rebates in the form of SMRT$, which can be exchanged for shopping vouchers for use at Giant, Sheng Siong, Watsons, Shaw Theatres, Popular and Sakae Sushi. You’ll also enjoy discounts on shopping and dining transactions, among other things.

Best For Online Shopping – Standard Chartered Spree Credit Card

Avid online shoppers rejoice- if you’re a huge fan of shopping for overseas products online, you can get 3% cashback for online shopping in foreign currency, as well as vPost shipping.

For local online shopping sites, you will still get 2% cashback.

What’s more, having a no minimum spend requirement is great, as you wouldn’t feel compelled to buy more things just to hit the minimum spend.

Best For Cashback with No Minimum Spend- HSBC Advance Credit Card

Source: HSBC

If your spendings each month is relatively inconsistent, HSBC Advance Credit Card gives you a flat 1.5% cashback on all local spending.

If you are an HSBC advance member and spend above $2,000, this is upgraded to a 3.5% cashback.

What’s more, if you are a frequent driver, you can get up to 16% discount at all Caltex and Shell Stations!

Best Unlimited Cashback Card – CIMB World Mastercard

If you’re looking for an unlimited cashback card, CIMB World Mastercard boasts 2% unlimited cashback on wine and dining, entertainment or duty-free stores purchases.

There will also be 1.5% unlimited cashback for all other types of spending- overseas or local.

For golf lovers, you will also be able to play at luxurious golf courses locally and overseas without paying green fees!

Best for Large Expenses- AMEX True Cashback Card

If you’re looking to renovate your home, or perhaps go for a long holiday in the next 6 months, the American Express True Cashback Card may be a good option for you.

With a welcome bonus of 3% Cashback on up to a total of S$5,000 of purchases of goods and services made on your account for the first 6 months, you can easily get $150 worth of cashback from your usual spending. Subsequent cashback will be at 1.5%.

After 6 months (and $5,000 later), AMEX’s cashback (1.5%) isn’t the most competitive in the market. Credit cards like the Maybank FC Barcelona Visa Signature Card and the ICBC Chinese Zodiac Credit Card may earn you higher cashback, at 1.6% instead.

Cashback Credit Cards with No Minimum Spend In Singapore

Credit cards with no minimum spend are great, as you get to spend without the pressure of hitting the monthly minimum spend limit. However, do remember to do due diligence when choosing your next credit card, and make sure that you pay your fees on time!

What’s the best no minimum spend credit card for you? Let us know in the comments below!

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