Best Singapore Cashback Credit Cards for Online Shopping

Best Singapore Cashback Credit Cards for Online Shopping
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Rating: 5.0/5.0 (3 Reviews)

Popularity of Online Shopping

With the widespread popularity of online shopping websites such as Lazada, Qoo10 or Shopee which promise lower prices than shopping at your traditional retail malls, there is a greater need for credit cards for online shopping which often reward online shoppers in the form of cashback or cash rebate. However, the amount of cashback awarded for online shopping has been decreasing as banks realised there is no need to use cash back to encourage shoppers from shopping online as online shopping is already a norm. Nevertheless, we manged to simplify the comparison process and have summed up the benefits and minimum requirements in the table below.

 

Credit Cards Cash Rebate for Online Spending
Comparison Table

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

DBS Live Fresh Card

Minimum monthly spend of $600 in a month. Additional 5% cash rebate subject to personalised spending goal

Earn 5% + 5% cash rebates on online spend.

CIMB Visa Signature Card

Minimum spend of $800 in a month

Earn 10% cash rebate for online shopping sites only

Bank of China Qoo10 World MasterCard

Minimum spend of $800 in a month

Earn 10% / 3% Qmoney rebate for Qoo10 / other online spend

DBS Black Amex Card

Minimum spend of $1,000 in a month

Earn 6% cashback on all spend

OCBC FRANK Credit Card

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

Earn 6% rebates on online spend

UOB One Card

Minimum monthly spend of $2000 for all 3 months in a quarter

Earn 5% cash rebates on all transactions

Standard Chartered Unlimited Cashback Card

Min. deposit of $100k / $50k in StanChart Unlimited$aver Account for 5% /3% cashback

Earn 5% / 3% cashback on any purchase else earn 1.5% cashback on any purchase if not linked to StanChart Unlimited$aver Account

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

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 / $1,000 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%

Citibank SMRT Card

Minimum spend of $300 in a month

Earn 3% SMRT$ rebate on online shopping

BOC ZaoBao Card

Minimum spend of $600 in a month

Earn 3% cash rebate on online spend.

BOC Family Card

Minimum spend of $800 in a month

Earn 3% rebates on online spend

UOB Yolo Visa Signature Card

Minimum spend of $600 in a month

Earn 3% cash rebates on online spend

OCBC 365 Credit Card

Minimum spend of $800 in a month

Earn 3% rebates on online spend

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% rebates on 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. Earn additional 1% cashback for overseas spend

Bank of China Qoo10 Platinum MasterCard

Minimum spend of $200 in a month

Earn 3% Qmoney rebate for all online spend

StanChart Spree Card

None

Earn 3% cashback on online transactions in foreign currency and 2% cashback for online transactions in local currency

 

Best Cashback Credit Card for Online Spending

The DBS Live Fresh Card awards a sustainable 5% +5% cash back on online shopping with a reasonable minimum spend of $600 a month. The additional 5% cash back for online spend is subjected to a personalised spending goal which a cardholder can find out in the DBS Lifestyle App upon registration for the promotion. It also has 5% cash back for Visa contactless spend making it the perfect general everyday spend card as most merchants now accept contactless payments. Cashback for online spend / contactless spend are capped at $40 / $20 each which is quite low but similar to other credits in the list. We understand that the cash back rate offered is not exactly eye-popping but with the clampdown on cash back for online spend, it is certainly one of the best online cash back cards in the market right now.

 

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Reviews (3)
Rating:
5.0/5.0 (3)
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