Best Credit Card for Groceries at Supermarkets

 

Best Credit Card for Groceries at Supermarkets

Credit Cards for Groceries

Grocery shopping might not sound like the most exciting activity to do in the hustle bustle of our everyday lives but it is definitely one that most cannot do without. It is also a costly affair as it can cost each family several hundred or even more than a thousand on groceries in a month. Through choosing the right grocery credit card, one can save hundreds a year which can be equivalent to a month of free grocery plus or minus depending on your needs.

Factors to Consider

Grocery credit cards usually only award cardholders with rebates or cashbacks when certain spending requirement is met in a month although there are exceptions. Credit cards from different banks also tend to have tie-ups with different supermarket chains even though there are some cards that award rebates for shopping at any supermarket chains. Hence, it is important to choose a grocery credit card that suits your spending pattern with regards to the amount you put on the card as well as your preferred supermarket for groceries shopping.

sponsored links

Credit Cards for Groceries Comparison Table

Credit Card Issuer and Type of Credit Card Minimum Requirements / Conditions Rate for Cash Rebate

UOB One Card

Minimum monthly spend of $2000 for all 3 months in a quarter
Minimum spend of $500 during promotional period for mobile payments rebate

Earn 5% cash rebates on all transactions
Earn an additional 10% rebate on mobile payments

OCBC NTUC Plus! Visa Credit Card

Minimum spend of $400 in a month outside FairPrice, FairPrice Online, Warehouse Club and Unity

Earn 11% rebate at NTUC FairPrice
Earn an additional 1% rebate if opt in for salary crediting into NTUC-OCBC Starter Savings Account

BOC Sheng Siong Card

None

Earn 7% cash rebate at Sheng hiong
Earn an additional 5% rebate if meet minimum spend of $400 outside Sheng Siong in same billing cycle

UOB Delight Card

Minimum spend of $800 or $500 in a month

Earn 8% or 3% SMART$ rebates at Cold Storage, Market Place, Jasons and Giant
Earn additional 4% SMART$ at Cold Storage, Market Place and Jasons every thursday in Aug and Sep 2017

Citi Cash Back Card

Minimum spend of $888 in a month

Earn 8% cashback on groceries

Maybank Family & Friends Card

Minimum spend of $1000 or $300 in a month

Earn 8% or 5% cash rebate at NTUC Fairprice and Cold Storage

Citibank SMRT Card

Minimum spend of $300 in a month

Earn 7.3% SMRT$ rebate at NTUC FairPrice Xtra Kallang Wave and 5% SMRT$ at all other FairPrice Supermarkets, Sheng Siong and Giant

OCBC Plus! Visa Credit Card

Minimum spend of $500 in a month outside FairPrice, FairPrice Online, Warehouse Club and Unity

Earn 7% rebate at NTUC FairPrice

OCBC FRANK Credit Card

Minimum spend of $400 on offline retail spend in a month

Earn 6% rebates on online groceries

POSB Everyday Card

None

Earn 5% cash rebate at Sheng Siong

BOC Family Card

Minimum spend of $500 in a month

Earn 5% at cash rebate any supermarkets

DBS Live Fresh Card

Minimum monthly spend of $700 in a month

Earn 5% cashback on selected contactless payments and online groceries

UOB Visa Signature Card

Minimum monthly spend of $1000 in a statement period

Earn 5% cash rebates on VisapayWave

DBS Black American Express Credit Card

DBS Black Visa Card

Minimum spend of $700 in a month

Earn 5% cashback at Jason's, Isetan and Meidi-Ya, Cold Storage, Giant, NTUC Fairprice, RedMart and HonestBee

HSBC Visa Platinum Credit Card

Minimum monthly spend of $800 or $400 for all 3 months in a quarter

Earn 5% or 3% cash rebate at all supermarkets

UOB UnionPay Card

None

Earn 2% + 2% cashback on all spend

OCBC 365 Credit Card

Minimum spend of $600 in a month

Earn 3% cashback at any supermarkets

HSBC Advance Credit Card

HSBC Advance customers / Non-HSBC Advance customers with minimum monthly spend of $2,000

Earn 3.5% / 2.5% cashback for all spend

Earn 2.5% / 1.5% cashback for all spend if minimum spend requirement not met

Maybank Platinum Visa Card

Minimum spend of $300 in a month

Earn 3.33% cash rebate on all spend

ICBC Unionpay Dual Currency Card


ICBC Visa Dual Currency Card

Minimum spend of $500 a month for all 3 months in a quarter. Cashback only applicable on spending in excess of $500 each month

Earn up to 2% / 5% / 8% cashback for 1st / 2nd / 3rd month in a quarter on all spend in excess of $500 for each month

ICBC Koipy Dual Currency Card

Minimum spend of $1,000 in a month

Earn 3% cashback on all spend

Standard Chartered MANHATTAN World MasterCard

Minimum spend of $3,000 in a month

Earn 3% cash rebate on all spend

SAFRA DBS Credit Card

Minimum spend of $500 in a month

Earn 3% cashback on MasterCard PayPass transactions and online shopping

American Express True Cashback Card

Maximum spend of $5,000 for first 6 months

Earn 3% cashback on any purchase, 1.5% cashback after first 6 months

Online Shopping for Groceries

There is an increasing number of shoppers who rather shop for groceries online as it saves time and effort. Major supermarkets in Singapore have also established their online presence with online grocery shopping sites. Banks have also encouraged shopping for groceries online with credit cards for online shopping that award online shoppers with cashback or rebates. This is the same reason why we have included credit cards that award cashback or rebates for online grocery shopping in the table above.

The Best Credit Card for Groceries

The relatively new but useful BOC Sheng Siong Card is an outstanding choice when it comes to choosing a credit card for groceries. It awards cardholders with an attractive 7% cash rebate for shopping at Sheng Shiong with no requirements for minimum spend. This is the highest rebate one can receive from groceries without any worry about minimum spend on the card. It is particularly useful as most families do not constantly spend above $500 a month on groceries. Cardholders who are able to spend above $400 a month on Taxi, Grab or Uber rides will receive 5% cash rebate for the mentioned rides as well as an additional 5% cash rebate for all spend at Sheng Shiong.

The Citi Cash Back Card and BOC Family Card are for shoppers who prefer to shop at any supermarket and are able to consolidate spending on various spending categories. Both cards have a large number of spending categories in which attractive cash rebates are offered and a closer look at each consumer's spending pattern is required to decide which card is more suitable.

 

Add Review or Comment

* Required information
1000
Captcha Image

Reviews or Comments (0)

No reviews or comments yet. Be the first!

 

sponsored links

Featured Cards

Citibank Rewards Card

Citibank Rewards Card Earn 4 air miles or 2.38% cash rebate whenever you shop for clothes, shoes or bags. Apply and receive up to $120 cashback.

Amex True Cashback Card

American Express True Cashback Card Receive up to 3% cash rebate on everything you buy with no minimum spend required.



sponsored links

Facebook & Search
money lobang facebook page

Subscribe to our Newsletter

Be the first to know about the latest promotions for bank deposits, credit cards and online discounts.


Recommended Review

Credit Cards Signup CashBack Comparison

Singapore Credit Cards Signup Promotion Comparison - Compare Cashback Cash RebateThere is nothing better than cold hard cash as an incentive for a credit card signup but nobody really bothers to compare...


Discount Codes

Hotels.com Singapore Coupon Discount Codes

Singapore Promotion Hotels.com Coupon Discount CodesSave up to 50% on deals at popular destinations worldwide with our exclusive Hotels.com discount codes



All About Money

Singapore Savings Bonds vs Fixed Deposits

Singapore Savings Bonds vs Fixed DepositsThe latest issue of Singapore Savings Bonds (SSBs) have average yields of 1.19% per annum for a 1 year holding period...

.