Finding the best credit card in Singapore can be very tricky because there are a lot of credit cards available. One of the options is using no annual fee credit cards. This type of credit card is chosen because you can get more benefits along with more affordable or even cheaper cost. The list of the best credit card Singapore no annual fee below helps you to use the most appropriate credit card.
Best Credit Card Singapore No Annual Fee: Offers, ✓ Rewards, ✓ Low interest
HSBC Advance Credit Card
If you are a typical person who has a big spending, you have to use a specific credit card such as HSBC Advance credit card. One of the reasons is that this card has a good cash back rate and even classified as the best one. By using this credit card, you will get up to 3.5% cash back on the retail purchases.
With a maximal spending, you are able to get up to $125 cash back a month. The main requirement of using this credit card is that you have to be the customer of HSBC Advance banking service. You can still use the credit card although you are not the customer of the service you will not get the cashback rates and cashback cap as many as the customers. You have to pay $192.60 annual fee if you spend not more than $12.500 a year. There are also several deals you can get such as discount and a signup bonus.
OCBC 356 Credit Card
How about if you only spend around $600 a month? In this case, you are classified as a moderate spender. The best credit card Singapore no annual fee you can use is OCBC 356 credit card. Just like the HSBC Advance credit card, this credit card is also offering interesting cashback rates for the users.
Even if you spend not more than $600 a month, you still have a chance to get 0.3% cash back. The cash back percentage is depending on the category. For example, the spent which included on dining category leads you to the 0.3% cash back whereas, for online shopping lovers, you will have up to 3% cash back. Besides those two categories, there are 6 different categories such as petrol, grocery, recurring telco bills, other expenses, and monthly cash back cap.
Maybank Platinum Visa Card
It’s not a problem if you are classified as a low spender. In this category, it means you are only spent around $300 to $1000 per month. There is still an interesting credit card you can use to cover your monthly spending. In specific, you can use a credit card which is offered by Maybank, known as Maybank Platinum Visa card.
There are two types of cash rebates you can earn from this credit card, which are cash rebates for local spending and overseas spending. This credit card offers up to 3.33% cash rebates on the local spending whereas, for the overseas spending, the credit card gives you 0.3% cash rebates.
For those who tend to spend around $300 per month, the maximum cash rebate is $30 whereas for the users who spend around $1000 per month the maximum cash rebate is $100. Indeed, Maybank Platinum Visa card is a perfect option for those who have a low budget and small spending as well.
HSBC Premier MasterCard Credit Card
There is also a typical person who has to buy something daily and they have to use a credit card. If it is so, you also need to find a credit card which can cover your daily spending. HSBC provides their customers with various types of credit card. One of them is HSBC Premier MasterCard credit card.
Just imagine that you will get up to 5% rebates for the monthly bill and grocery payment with this credit card. Moreover, you also get 16% instant discount anytime you use the credit card to pay gasoline payment. You just need to spend around $800 per month for 3 months to get the best cash rebates. HSBC Premier MasterCard credit card is the best option for paying mobile television service, internet bill, groceries, gasoline, and dining.
HSBC Revolution Credit Card
There are several things to do to reduce stress tension. One of them is shopping, eating at your favorite restaurants, or watching specific events. Actually, you also need to use the best credit card Singapore no annual fee. The main function is, of course, to make sure that you can spend the money comfortably, safely, and with minimal cost. For the best alternative, you can use a credit card offered by HSBC.
In this case, you have to take a specific credit card known as HSBC Revolution credit card. The reward point is also classified based on the spending categories. You can spend in 4 different categories such as online purchase, local entertainment, local dining, and the other spending. The minimum spending for those categories is only around $200 to $500. The reward point is also various starting from $500 to $2.500. There is also a good offer for the first time users in which you will get a signup bonus.
Maybank Horizon Platinum Visa Card
How about if you are a traveler? You don’t need to worry about that because there is also a no-fee credit card you can take along during your traveling. One of them is a credit card provided by Maybank known as Maybank Horizon Platinum Visa card. The bonus is measured based on the air miles you have received. For example, you will get 5 times more points anytime you get 2 air miles.
This credit card works for various purposes including air ticket purchasing, travel packages, and overseas expenses. The bonus is including a right to use an airport lounge in Singapore Changi Airport Terminal and travel insurance.
The point is that you have to choose the best credit card based on your spending and the activity you want to do. It seems that you have to take more times and energy to find the best credit card but you must do it. Just remember the benefits you get if you take and use the best credit card Singapore no annual fee. The most important, you can also reduce the unwanted risks while using the credit card.