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5.0/5.0 (1 Reviews)1. Should You Use a Credit Card to Buy Groceries?
2. Which Credit Cards to Use for Groceries?
3. Best Credit Cards for Groceries
4. Best Credit Card for Online Groceries
5. Which Credit Card is Best for NTUC FairPrice Supermarket?
6. Which Credit Card is Best for Giant or Cold Storage Supermarket?
7. Which Credit Card is Best for Sheng Siong Supermarket?
You should definitely use a credit card 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 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.
To maximise the benefits for buying groceries, cardholders should use specialised Grocery Credit Cards that award highest cash back for groceries. Grocery credit cards usually only award cardholders with rebates or cash backs 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.
| Credit Card Issuer and Type of Card | Minimum Requirements / Conditions | Rate for Cash Rebate |
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Minimum spend of $400 out-store in a month for additional 6% cash rebate |
Earn 6% + 6% cash rebate at Sheng Shiong |
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Minimum spend of $400 in a month outside FairPrice, FairPrice Online, Warehouse Club and Unity |
Earn 11% rebate at NTUC FairPrice |
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Minimum spend of $800 in a month |
Earn 10% rebates on groceries at any supermarkets |
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Minimum monthly spend of $2000 / $500 for all 3 months in a quarter |
Earn 10% / 8.33% cash rebates at Cold Storage, Market Place, Jasons and Giant |
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Minimum spend of $800 in a month |
Earn 8% cashback on groceries |
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Minimum spend of $800 or $500 in a month |
Earn 8% or 5% cash rebate on groceries |
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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 |
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Minimum spend of $500 in a month outside FairPrice, FairPrice Online, Warehouse Club and Unity |
Earn 7% rebate at NTUC FairPrice |
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Minimum spend of $600 in a month |
Earn 6% rebates on online groceries and in-store mobile contactless spend |
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Minimum monthly spend of $600 in a month |
Earn 5% cash rebate on groceries |
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None for Sheng Siong. Subject to signup and minimum monthly spend of $600 for other grocers |
Earn 5% cash rebate on groceries |
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Minimum monthly spend of $600 in a month |
Earn 5% cashback on selected contactless payments and online groceries |
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Minimum monthly spend of $600 for all 3 months in a quarter |
Earn 5% cash rebate at all supermarkets |
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Maximum spend of $5,000 for first 3 months |
Earn 4.5% cashback on all spend, 1.6% cashback after first 3 months. |
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Minimum $2,000 deposit in fresh funds to HSBC Everyday Global Account and 5 card transactions a month |
Earn 3.5% / 2.5% cashback for all spend |
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Minimum spend of $300 / $3,000 in a month for all 3 months in a quarter |
Earn 3.33% cash rebate on all spend |
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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. Highest effective cashback rate is 3.2% |
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Minimum spend of $1,000 in a month |
Earn 3% cashback on all spend |
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Minimum spend of $800 in a month |
Earn 3% cashback at any supermarkets |
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Minimum spend of $800 in a month |
Earn 3% at cash rebate any supermarkets |
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Minimum spend of $3,000 in a month |
Earn 3% cash rebate on all spend |
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Minimum spend of $500 in a month |
Earn 3% rebates on PayPass and online spend |
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Maximum spend of $5,000 for first 6 months |
Earn 3% cashback on any purchase, 1.5% cashback after first 6 months |
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Min. deposit of $100k in StanChart Unlimited$aver Account for 3% cashback |
Earn 3% cashback on any purchase else earn 1.5% cashback on any purchase if not linked to StanChart Unlimited$aver Account |
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Minimum spend of $200 in a month |
Earn 3% Qmoney rebate for all online spend (including online grocers) |
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Additional 2% cash rebate only on Manchester United Match days and if they win their match |
Earn 3% / 1% cash rebate on all spend |
The OCBC FRANK Credit Card is an excellent choice for online grocery shopping as it awards 6% cashback for all online spend including online grocery spend. The card is suitable for an increasing number of shoppers who rather shop for groceries online as it saves time and effort. The shift of shopping online for groceries was keenly felt during the Covid-19 period and major supermarkets have reacted by beefing their online presence with online grocery shopping sites. Banks have followed suit by encouraging shoppers to shop for groceries online with credit cards for online shopping that award online shoppers with cashback or rebates.
The OCBC NTUC Plus! Visa Credit Card (for NTUC members only) awards an unbeatable 11% rebate for spend at NTUC FairPrice with an additional 1% rebate if you credit your salary into NTUC-OCBC Starter Savings Account. Cardholders will have to spend $400 in a month outside FairPrice, FairPrice Online, Warehouse Club and Unity to receive the rebate. One possible way for drivers to meet the spend is to also use the card for petrol at Esso as the card is one of the Best Credit Cards for Esso Petrol.
Alternatively, consumers can consider the Citi Cash Back Card and Maybank Family & Friends Card which 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.
The UOB One Card is a credit card that awards up to 10% rebate for groceries at Giant or Cold Storage or Jasons or Market Place Supermarkets and up to 5% rebate for all other spend. It is one of the best Credit Cards for Cash Back in Singapore with a generous cash rebate policy and the only drawback is that cash back is only awarded after meeting a minimum spend of $500 or $1,000 or $2,000 for every month in a quarter.
The 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 6% 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. The rebate gets raised to a generous 12% if one can spend at least $400 outside Sheng Siong.
The rebooted OCBC Frank Credit Card adds an attractive 6% cashback for mobiles contactless spend...
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