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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?
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 $350 in a month outside FairPrice Group. Only for NTUC members |
Earn 21% rebate at FairPrice Group |
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Minimum spend of $450 in a month outside FairPrice Group |
Earn 15% rebate at FairPrice Group |
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2.5% base rebate with no minimum spend. 1% bonus rebate on selected products. Minimum spend of $80 in a a single receipt for 5% bonus rebate. Minimum spend of $400 in a month at Dairy Farm and BreadTalk Group for 6.5% bonus rebate |
Earn up to 15% rebate at DFI Group |
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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 / $1,000 / $500 for all 3 months in a quarter |
Earn up to 10% cash rebate at Cold Storage, Market Place, Jasons and Giant |
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Maximum spend of $3,000 for first 2 months |
Earn 10% cashback on all spend for first 2 months, 1.6% cashback after first 2 months. |
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10% cashback capped at $1,200 spend, No cap for 1.7% cashback |
Earn 10% / 1.7% cashback for first $1,200 spend / thereafter |
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Minimum spend of $800 in a month |
Earn 8% cashback on groceries |
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Minimum spend of $800 in a month |
Earn 8% cash rebate for groceries if groceries chosen as a preferred category for cashback |
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Minimum spend of $600 in a month |
Earn 8% rebates on online groceries and mobile contactless spend |
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Minimum spend of $800 in a month |
Earn 8% rebates on online groceries and in-store mobile contactless spend |
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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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No minimum spend but rebate capped at $30 in a month |
Earn 7% cash rebate at Sheng Siong |
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None |
Earn 6% cash rebate at Sheng Shiong |
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Minimum monthly spend of $600 in a month |
Earn 5% cash rebate on groceries |
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Minimum spend of $500 in a month |
Earn 5% SMRT$ rebate at supermarkets |
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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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Minimum $2,000 deposit in fresh funds to HSBC Everyday Global Account and minimum 5 card transactions a month and spend of $2,000 in a month |
Earn 3.5% / 2.5% / 1.5% 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 $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 Trust Bank NTUC Link Card (for NTUC members only) awards an unbeatable 21% rebate for spend at NTUC FairPrice. Cardholders will have to spend $350 in a month outside FairPrice Group to receive the rebate. One possible way for drivers to meet the spend is to also use the card for petrol at Caltex as the card is one of the better Credit Cards for Caltex 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 3.33% 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 POSB Everyday 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. The rabte is capped at $30 a month but doesn't think the shine off the fact that this is the highest rebate one can receive from groceries without any worry about minimum spend on the card.
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