Best credit card promotions in Singapore (January 2026)

This month, sign up for a credit card and you could walk away with welcome gifts like:

• a private jet trip to the Maldives for two
• $420 cold, hard, cash
• an Apple AirPods Pro 3 + 2x Apple AirTag bundle (worth $439)
• up to 120,000 Membership Rewards® points from American Express

up to 120,000 Membership Rewards® points from American Express

…and more. Clearly, we're spoilt for choice-banks in Singapore are competing so hard for new credit card customers that they are practically raining Apple products, Nintendo Switches, ergonomic chairs, and other freebies on us. Even if you don't see any item you want, some welcome gifts are just straight up cold, hard cash!

An overview: Best credit card promotions in Singapore (Jan 2026)

★ Stand to win a private jet trip to the Maldives or unlock amazing game prizes like flight tickets and Michelin-starred dining experiences in Standard Chartered's Million Reasons to be Happier campaign.

1. Citibank credit card promotion

Looking to sign up for a new Citibank credit card? You're in luck. Citibank credit card welcome gifts are looking very attractive right now.

Among the Citi credit cards on promotion, my top pick this month is the Citi Rewards Card. With this card, pocket 10X points (or four miles per $1 spent) on online purchases and at shopping outlets. The kicker? This month, apply for the Citi SMRT Card and get up to $400 cash or 5,040 SmartPoints.

If you are a miles chaser, another top pick is the Citi PremierMiles Card. This card lets you earn Citi Miles that never expire.

Here's a summary of all the Citibank credit cards with ongoing promotions:

2. Standard Chartered credit card promotions

This month, it's tough to pick the best Standard Chartered credit card promotion. However, the unlimited cashback Standard Chartered Simply Cash Credit Card promotion comes up top in terms of cash value with $350 cash or 4,000 SmartPoints.

This month, you can also get $230 cash via PayNow or 2,990 SmartPoints when you apply for the Standard Chartered Smart Credit Card or Standard Chartered Rewards+ Credit Card.

Here's a summary of all Standard Chartered credit card promotions this month:

When you apply for any of the cards in the table above, you also stand to win a private jet trip to the Maldives or unlock amazing game prizes like flight tickets and Michelin-starred dining experiences in Standard Chartered's Million Reasons to be Happier campaign.

There's no ongoing promotion for the Standard Chartered Visa Infinite Credit Card, but it's a great card to check out all the same. Earning rewards for paying income tax? Yes, with the SC Visa Infinite-read more in our review.

The Standard Chartered Rewards+ Credit Card also doesn't have any ongoing welcome promo, but hits hard with its benefits. It earns you 10X points (four miles per dollar) on foreign currency transactions and 5X points (two miles per dollar) on local dining spend.

3. CIMB credit card promotion

There are three credit cards with an ongoing promotion to get $188 cashback for those new to CIMB credit cards.

The most accessible CIMB credit card is the CIMB World Mastercard, which has a $0 minimum spend per month. Note, however, that you'll need to hit $1,000 spend a month to enjoy the card's higher 2 per cent unlimited cashback rate, or $500 spend per month to enjoy 1 per cent unlimited cashback.

Here are all the CIMB credit card promotions:

4. UOB credit card promotions

This month, UOB credit cards have an enticing promotion: Apple AirPods Pro 3 + 2x Apple AirTag (worth $439). You've got several UOB credit cards you can choose from.

With the popular UOB One Card, you'll enjoy up to 10 per cent rebate on merchants like McDonald's, Grab, and Shopee.

For miles chasers, I recommend the UOB PRVI Miles Card as it offers the highest general miles earn rates among entry-level cards in Singapore.

Here's a summary of all ongoing UOB credit card promotions this month.

5. HSBC credit card promotions

The HSBC credit card line-up gained an exciting new lifestyle card in 2024-the HSBC Live+ Credit Card, which was crowned the Winner of the Best Credit Card Product for Cash Back in Asia Pacific 2025. 

Although the card's generous eight per cent cashback on dining, shopping and entertainment was supposed to end on Dec 31, 2024, it's since been extended again and again. 

If you sign up for the card from now till March 31, 2026, you get to enjoy a total of eight per cent cashback at selected dining, shopping and/or entertainment merchants for the first two calendar quarters from your card issue date.

Coupled with the welcome gifts it comes with, the HSBC Live+ is one attractive card.

6. Amex credit card promotions

This month, the juiciest Amex welcome promotion is the 110,000 Membership Rewards® points you'll earn with the American Express The Platinum Card.

You'll need to spend $8,000 within the first three months from card approval, which will also earn you 10,000 Membership Rewards® points.

Here are all the American Express credit card promotions this month:

While the American Express True Cashback Card doesn't have a welcome offer right now, it's worth checking out for fuss-free three per cent cashback on your first $5,000 spend and 1.5 per cent cashback subsequently.

7. DBS credit card promotions

The juiciest DBS credit card sign-up promotion this month belongs to the DBS yuu Card-get up to $380 cash rewards, comprising $300 cashback and $80 Esso fuel discount Voucher:

Here's the full list of ongoing DBS credit card promotions:

These other DBS credit cards do not have ongoing sign-up promotions:

• DBS Vantage Visa Infinite Card
• SAFRA DBS Card
• DBS Live Fresh Student Card
• DBS Woman's Card
• DBS Woman's World Card

A word on the DBS Woman's and Woman's World Card: Don't be fooled by the name. You can apply for these cards no matter your gender.

8. POSB credit card promotion

The POSB Everyday Card is a straightforward cash rebates card with (strictly speaking) no minimum spend; certain bonus reward categories require you to spend above $800/month.

The current ongoing POSB Everyday Card promotion offers $388 cashback when you apply and spend at least $800 within 60 days.

9. OCBC credit card promotions

This month, OCBC credit cards come with goodies such as 3,500 SmartPoints or $230 cash. Don't know which card to choose? We got you. For the foodies, the OCBC 365 Credit Card earns you five per cent cashback on everyday dining with a minimum monthly spend of $800.

For a card that earns rebates you on a wider range of spend categories, consider the OCBC Rewards Credit Card for up to four miles per dollar at selected retailers. Psst, this card is also a good choice to pair with the Amaze Card!

10. Credit card promotions - is there a catch?

With free AirPods Pro, ergonomic standing desks and thousands of miles raining down on us, you might be wondering: Is there a catch to all these freebies?

Truth is, there is one drawback to signing up for credit card promotions: You won't be eligible for more freebies in the future. Well, at least for a year. Here's how it works:

Banks and comparison sites like MoneySmart usually offer the best giveaways for new sign ups. Usually this is defined as people who either:

• Have never ever owned a credit card from that bank, OR
• Cancelled their card at least 12 months ago

If you're thinking of gaming the system by cancelling your card and re-applying, tough luck!

Another thing to note is that you must hit the minimum spend to get your reward. If you're really lucky, you'll get your shiny new iPad or cashback immediately upon card approval. 

However, most banks require you to spend a minimum sum (say, $1,000 in the first month) and sometimes even fork out the first year's annual credit card fee (goodbye, fee waiver!). After all that, banks will make you wait a few months before you can even smell the freebie.

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This article was first published in MoneySmart.