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Best Credit Card for Groceries at Supermarkets

Best Credit Card for Groceries at Supermarkets
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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?

 

Should You Use a Credit Card to Buy Groceries?

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.

 

Which Credit Cards to Use for Groceries?

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.

 

Best Credit Cards for Groceries

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

BOC Sheng Siong Card

Minimum spend of $400 out-store in a month for additional 6% cash rebate

Earn 6% + 6% cash rebate at Sheng Shiong

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

CIMB Visa Signature Card

Minimum spend of $800 in a month

Earn 10% rebates on groceries at any supermarkets

UOB One Card

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

Citi Cash Back Card

Minimum spend of $800 in a month

Earn 8% cashback on groceries

Maybank Family & Friends Card

Minimum spend of $800 or $500 in a month

Earn 8% or 5% cash rebate on groceries

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 $600 in a month

Earn 6% rebates on online groceries and in-store mobile contactless spend

HSBC Premier MasterCard

Minimum monthly spend of $600 in a month

Earn 5% cash rebate on groceries

POSB Everyday Card

None for Sheng Siong. Subject to signup and minimum monthly spend of $600 for other grocers

Earn 5% cash rebate on groceries

DBS Live Fresh Card

Minimum monthly spend of $600 in a month

Earn 5% cashback on selected contactless payments and online groceries

HSBC Visa Platinum Credit Card

Minimum monthly spend of $600 for all 3 months in a quarter

Earn 5% cash rebate at all supermarkets

Citi Cash Back+ Card

Maximum spend of $5,000 for first 3 months

Earn 4.5% cashback on all spend, 1.6% cashback after first 3 months.

HSBC Advance Credit Card

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

Maybank Platinum Visa Card

Minimum spend of $300 / $3,000 in a month for all 3 months in a quarter

Earn 3.33% cash rebate on all spend

ICBC Unionpay 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. Highest effective cashback rate is 3.2%

ICBC Koipy Dual Currency Card

Minimum spend of $1,000 in a month

Earn 3% cashback on all spend

OCBC 365 Credit Card

Minimum spend of $800 in a month

Earn 3% cashback at any supermarkets

BOC Family Card

Minimum spend of $800 in a month

Earn 3% at cash rebate any supermarkets

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% rebates on PayPass and online spend

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

Standard Chartered Unlimited Cashback Card

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

Bank of China Qoo10 Platinum MasterCard

Minimum spend of $200 in a month

Earn 3% Qmoney rebate for all online spend (including online grocers)

Maybank Manchester United Visa Card

Additional 2% cash rebate only on Manchester United Match days and if they win their match

Earn 3% / 1% cash rebate on all spend

 

Best Credit Card for Online Groceries

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.

 

Which Credit Card is Best for NTUC FairPrice Supermarket?

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.

 

Which Credit Card is Best for Giant or Cold Storage Supermarket?

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.

 

Which Credit Card is Best for Sheng Siong Supermarket?

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.

 

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