Consumers are shifting their spending from physical retail stores to online stores because of lower prices, added convenience and a more extensive selection. With the emergence of local e-commerce sites such as qoo10.sg, Zalora, Reebonz and Rakuten, more and more Singaporeans prefer to shop from the comfort of their own homes.

Overseas e-retailers such as ASOS and Amazon also market directly to Singapore consumers by offering free shipping as long as you spend above a certain amount.

To help you maximise your money spent, we’ve concluded that these are the 5 best credit cards for online shoppers like you!

Note: All principal applicants have to be 21 years old and above unless stated otherwise.

1. OCBC FRANK Credit CardBenefits
ocbc frank

Online shopping rebate: 6%
Cashback cap: S$60
Minimum spending: S$500

Minimum spending less than S$500/ Other spending:
0.5% cash rebate is awarded (no cap)
- 6% online shopping rebates at Qoo10.sg, Zalora, etc.

- 5% rebates in Entertainment category

- 3% rebate awarded for first two NETS FlashPay Auto Top-Up

- Breeze through contactless transactions during checkout

- Over 120 card designs to choose from


Eligibility:

Singaporeans and Singapore PRs: S$30,000 and above
Foreigners: S$45,000 and above
APPLY NOW >>>>>

Why did we recommend this card?

The OCBC Frank Credit Card is the only credit card in our list that allows you to choose your own card design! Not only that, it is useful in aspects like Entertainment, Online Shopping and Retail transactions. Take the FRANK Credit Card for coffee at Starbucks, movies and drinks at bars and clubs and enjoy up to 5% entertainment rebate. And when you get home, continue to indulge yourself online and enjoy 6% online shopping rebates when you shop at popular local e-commerce stores such as Qoo10.sg and Zalora. Not only that, there is an OCBC WowDeals App where exclusive deals and limited quantity offers are featured time to time!

 

READ MORE ABOUT THE OCBC FRANK CREDIT CARD AND APPLY HERE >>>> 

 

2. Citibank Rewards CardBenefits
citireward

Online shopping discount: Up to 30% at Zalora, Luxola, Lazada and more.
Reward points cap:
120,000 Reward Points* per year

*S$1 spent = 10 Reward Points
- Receive 10 Rewards Points (or 4 Miles) for every S$1 spent when shopping online or at departmental stores

- Redeem Rewards Points for anything - Miles, Shopping or Dining Vouchers or Cash Rebate

- More than $1,500 worth of shopping vouchers as a welcome gift from Rakuten, Havaianas & CommonThread, HipVan and more

- 5% cash back on online shipping charges

- No limit on the accumulation of Citi Rebate and has no expiry


Eligibility:

Singaporeans and Singapore PRs: S$30,000 and above
Foreigners: S$42,000 and above
APPLY NOW >>>>>

Why did we recommend this card?

The Citibank Rewards Card is filled with rewards as it allows you to earn 10X Rewards, Citi Dollars or Miles – giving you the choice to redeem or offset absolutely anything! With a wide selection of what you can redeem the reward points/ Citi dollars for that ranges from shopping, travelling, dining and even cash rebates, you will definitely be spoilt for a choice. Some participating merchants include M.A.C Cosmetics, Isetan, Pandora, Sushi Tei, Nike, Levi’s, etc. Do note that accumulated reward points are only valid for 5 years, so remember to redeem them before they expire. The Citibank Rewards Card sure does live up to its name!

 

READ MORE ABOUT THE CITIBANK REWARDS CARD AND APPLY HERE >>>> 

 

3. SingPost Platinum Visa Credit CardBenefits
sp

Online shopping rebate: 7%
Cashback cap: S$60
Minimum spending: S$600
- 7% CashBack on eligible online purchases

- 2% cashback on supermarket purchases and 0.2% cashback on other eligible retail purchases

- Up to 30% off at vPost, SingPost and Omigo

- Faster transactions due to contactless payment via Visa

- Able to claim for a refund of 50% of the price difference if you find a lower price of the same item

Eligibility:

Age 21-65
Singaporeans and Singapore PRs: S$30,000 and above
Foreigners: S$60,000 and above
APPLY NOW >>>>>

Why did we recommend this card?

The SingPost Platinum Visa Credit Card is ideal for all online shoppers as they offer exclusive deals when you ship your parcels with vPost, SingPost and/or Omigo. As we know, shipping charges may cost you a large sum, hence by offering discounts, it helps all online shoppers to save more! Also, you can also earn attractive 7% cash rebates when you shop online at Golden Village, HipVan, Luxola, and more. Retail shops such as Adidas also offer discounts when you purchase their apparel or footwear.

 

READ MORE ABOUT THE SINGPOST PLATINUM VISA CREDIT CARD AND APPLY HERE >>>> 

 

4. UOB Preferred Platinum Visa CardBenefits
uobp

UNI$ cap: S$24,000* per year

*UNI$1 is awarded for every S$5 spend and 10X for online and Visa payWave spend only.
Cap at UNI$ 24,000 for both categories per calendar year.
After which, 1X UNI$ will be awarded for every S$5 spend.

or

UNI$1 = 2 miles
- 10X UNI$ (or 4 Miles) on online shopping at Reebonz, Qoo10, Golden Village and more

- 10X UNI$ (or 4 Miles) on entertainment and Visa payWave when you shop at Fairprice, Sheng Siong, Watsons, McDonald's, Mango, Popular Bookstore and more

- SMART$ rebates can be earned to offset future purchases (1 SMART$ is equivalent to S$1)

- Contactless transactions for faster payment

- Guaranteed same-day delivery when you apply for your card

- Interest-free UOB 0% Instalment Payment Plan (IPP)


Eligibility:

Singaporeans and Singapore PRs: S$30,000 and above
Foreigners: S$40,000 and above
APPLY NOW >>>>>

With the UOB preferred platinum visa card, you are able to earn rewards faster with 10X UNI$ (or 4 Miles) when you make online purchases at selected stores such as Golden Village qoo10.sg, Luxola and more. Also, you are able to earn up to 20% SMART$ rebate at over 900 participating outlets such as Guardian, Giant, Cold Storage, Sephora, etc. where you can offset your future purchases. If you shop regularly at the stores stated above, the UOB preferred platinum visa card will definitely not disappoint you !

 

READ MORE ABOUT THE UOB PREFERRED PLATINUM VISA CREDIT CARD AND APPLY HERE >>>> 

 

5. DBS Live Fresh CardBenefits
dbs

Online shopping rebate: 6%
Cashback cap: S$100 (online retail spend only)
Minimum spending: S$600
- 6% cashback on all online purchases

- Earn unlimited 3X DBS points on all online purchases, overseas spend and EZ Reload

- Up to 50% off at over 1,000 outlets islandwide such as Golden Village, Airbnb, Pizzahut, Fish n Co and more

- Contactless transactions that allow faster payments

- Accumulated DBS points can be used to redeem vouchers such as CapitalMall Asia vouchers and Takashimaya vouchers

Eligibility:

Singaporeans and Singapore PRs: S$30,000 and above
Foreigners: S$45,000 and above
APPLY NOW >>>>>

Why did we recommend this card?

The DBS Live Fresh Card is great for online shopping as it gives you a 6% cashback on online purchases. In addition, you can earn 3X DBS points on your online purchases, travel, overseas and contactless spend. These accumulated DBS points can be exchanged for vouchers at shopping malls or departmental stores such as CapitalMall Asia, Nex and Takashimaya. Also, the cashback cap is at one of the highest i.e. S$100 per month with a minimum spending of just S$500. We like that the DBS Live Fresh Card offers the best of both worlds – vouchers at many shopping malls in Singapore as well as cashback capped at a high S$100 for cardholders to accumulate. This is definitely the one for you if you shop often at shopping malls as well.

 

READ MORE ABOUT THE DBS LIVE FRESH CARD AND APPLY HERE >>>> 

 

A note from us:

Remember to pay your credit card bills on time or they start snowballing! Furthermore, not clearing your debts promptly damages your individual creditworthiness and score, which determines your chances for loans in the future. 

Don’t agree to our list? Let us know! Which is your favourite online shopping credit card? 🙂 We might add it on to our list! Happy online shopping!

 

Picture credits: http://curious.stratford.edu/wp-content/uploads/2015/01/wpid-thumbnail-4287f762728f5447a453a38b7f99d538-1050×788.jpeg

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