1. Why Should I Apply for Cashback Credit Card?
2. Best Cashback Credit Cards Sign Up Promo Comparison
3. Which Credit Cards have Best Sign Up Promotions for Cash Back?
There is nothing better than cold hard cash as an incentive for a credit card signup and this cash credit is on top of any cash back you may receive from using the card. However, nobody really bothers to compare the cash back you receive from signing up for credit cards. This is mainly due to the fact that credit cards signup promotions change all the time and it is simply too tideous to scour through the fine print to understand what are the conditions to be fulfilled to attain the elusive cashback.
Or so you think. Here at Money Lobang, we spend all our time reading up on credit cards signup promotions and managed to provide you with a quick comparison table for cashback promotions together with the minimum requirements and conditions to be fulfilled.
Credit Card Issuer and Type of Credit Card | Minimum Requirements / Conditions | Cashback / Cash Rebate |
Apply for card and spend a min. $800 within first 2 months, excluding month of card approval |
$300 cashback |
|
DBS Woman's World MasterCard |
Apply via DBS DigiBank or MyInfo and receive $300 cashback with $500 minimum spend within 30 days of card approval or Apply via DBS DigiBank or MyInfo and receive $150 cashback with $800 minimum spend within 60 days of card approval |
$300 or $150 cashback |
Apply for Standard Chartered credit card online and have 1 transaction + spend a min. $200 within 30 days |
$220 cashback |
|
Apply and charge M1 recurring bills and spend a min. $60 within first 2 months of card approval |
$200 cashback |
|
Apply online + Payment of $321 annual fee |
$200 cashback |
|
HSBC Visa Platinum Credit Card |
Apply with MyInfo + have a min. of 1 transaction + min. $500 spend by end of following month |
$30 + $50 + $120 cashback |
Charge $500 to credit card within each of the first 2 consecutive months of approval |
$150 cash credit |
|
Apply online and receive $150 cashback with $800 minimum spend within 2 months of card approval |
$150 cashback |
|
Apply for Standard Chartered credit card online and have 1 transaction + spend a min. $200 within 30 days |
$220 cashback |
|
Apply and charge $300 for first 2 months at Eligible Dining Merchants or Platforms at Takashimaya Department Store within 1st 2 months of card approval |
$150 cashback |
|
Apply for any UOB credit cards online and spend a min. $1,500 within first 30 days of card approval |
$150 cashback |
|
Apply for any Citibank credit cards online and spend a min. $1,200 within first 3 months excluding month of card approval |
$120 cashback |
|
Apply for card online and spend a min. $500 within first 3 months. |
$115 cashback |
|
Apply for card and spend a min. $50 within first 2 months |
$20 cashback |
Standard Chartered Credit Cards have the best sign up for credit card promo as they as new cardholders can obtain $80 cashback simply by just signing up for a credit card. They will also receive an additional $140 cashback with minimum $200 spend charged to their new card within 30 days of approval. The cashback is higher than the minimum spend required and is akin to a free lunch.
Alternatively, one can also consider selected DBS Credit Cards that is running a generous limited time promotion for new cardholders as they can obtain up to $300 cashback with minimum $500 spend with the promo code “MAYFLASH”.