Mastercard credit cards

Comparison of Mastercard credit card rates, fees, and features.

Bill Ryan Natividad avatar
Written by   |  
Kwok Zhong Li avatar
Verified by
Updated 7 May 2025   |   Rates updated regularly

Comparing of 8 Mastercard credit cards

OCBC Rewards Credit Card

On website

Featured

OCBC Rewards Credit Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

N/A

Highlights

  • Earn 15 OCBC$ per S$1 at featured retailers that change every quarter, keeping things fresh.
  • Rack up 10 OCBC$ per S$1 on everyday retail spending, both online and in-store.
  • Redeem OCBC$ for cash rebates, air miles, vouchers, gifts, or unique experiences.
  • Score an extra 2% cash rebate when you buy electronics at BEST Denki.

Pros

  • Annual fee is waived for the first 2 years.
  • Points can be redeemed for miles, vouchers, or cash rebates to offset purchases.
  • Earn up to 180,000 bonus OCBC$ each year.
  • Comes with exclusive access to dining perks, curated experiences, and e-commerce protection.
  • Get 15 OCBC$ (6 air miles) per S$1 spent at Watsons and department stores — a limited-time boost from the usual 4 miles.

Cons

  • Minimum annual income requirement of S$30,000 for Singaporeans/PRs and S$45,000 for foreigners.
  • After the 2-year waiver, the annual fee is S$196.20 for the main card and S$98.10 for each supplementary card.
OCBC Great Eastern Cashflo Credit Card

On website

OCBC Great Eastern Cashflo Credit Card

Cashback

1.20% on any spend

Cashback cap

$100.00 on any spend

Minimum spend

S$1,000.00 per month

Sign up bonus

N/A

Highlights

  • 0% installments with rebates.
  • Earn 0.3% cashback if your monthly bill is less than S$1,000 and 1.2% cashback if your monthly bill is equal or greater than S$1,000. Capped at S$100 a month.
  • Automatically splits your payments across 3 months for transactions between S$100 to S$1,000 or across 6 months for transactions equal to or greater than S$1,000.

Pros

  • Split your bills into 3, 6, or 12-month installments.
  • Earn up to 1.2% cashback.
  • No annual fee for the first 2 years.

Cons

  • The annual fee is waived for the 1st 2 years, but you will be charged $162 for the principal card and $81 for the supplementary card after.
  • Cashback is capped at $100 each month

OCBC Arts Credit Card

On website

OCBC Arts Credit Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

N/A

Highlights

  • Priority booking for shows by Singapore Dance Theatre, Singapore Lyric Opera, and T.H.E Dance Company.
  • Earn 15 OCBC$ per S$5 spent on SISTIC purchases
  • Redeem points as show tickets or invites, miles, vouchers, or cash to offset purchases on the spot

Pros

  • Earn accelerated OCBC$ on SISTIC purchases.
  • Redeem rewards via OCBC Rewards Catalogue.
  • No annual fee for the first 2 years when you meet the spend criteria.

Cons

  • The annual fee is S$163.50 for the primary card and S$81.75 for the supplementary card.
OCBC Platinum Credit Card

On website

OCBC Platinum Credit Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

N/A

Highlights

  • Earn 5 OCBC$ for every S$5 spent on your card.
  • Get access to lifestyle perks and family-friendly deals across travel, dining, health, and wellness.
  • Redeem points easily through the OCBC Rewards Catalogue for vouchers, products, or experiences.

Pros

  • Unlock hotel, flight, and travel package deals perfect for planning family getaways.
  • Enjoy dining promotions across a wide range of restaurants and cuisines.
  • Annual fee is waived for the first 2 years.
  • Use your OCBC$ to redeem air miles, vouchers for petrol or shopping, or offset your purchases instantly with cash rebates.

Cons

  • After the first 2 years, the annual fee kicks in at S$163.50 for the principal card and S$81.75 for each supplementary card.
Citi PremierMiles Card

Not available for application via this website

Citi PremierMiles Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

Get 30,000 bonus Citi ThankYou Points when you apply, get approved, and spend S$800 or more in the first 2 months. Terms and Conditions apply.

Highlights

  • Earn 2.2 Citi Miles per S$1 spent overseas and 1.2 Citi Miles per S$1 spent locally.
  • Get 10,000 bonus Citi Miles every year when you renew your card.
  • Relax before your flight with access to over 1,000 airport lounges via Priority Pass.
  • Travel with peace of mind with complimentary coverage of up to S$1 million.

Pros

  • Redeem S$1 with just 100 Citi Miles+ until 15 July 2025.
  • Miles never expire, giving you flexibility to redeem them when it suits you.
  • A wide range of airline and hotel transfer partners to choose from.
  • Enjoy Citi World Privileges with dining, shopping, and travel offers worldwide.
  • Access a large global network of airport lounges with a Priority Pass membership

Cons

  • Annual fee of $196.20 p.a. for the principal card.
  • Priority Pass membership is free for the principal cardholder only, expect to apply for it, and is limited to 2 free lounge visits each year.
  • Free travel insurance only when your air ticket is charged to your card.
Citi Rewards Credit Card

Not available for application via this website

Citi Rewards Credit Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

Get 40,000 bonus Citi ThankYou Points when you apply, get approved, and spend S$800 or more in the first 2 months. Terms and Conditions apply.

Highlights

  • Earn 10X Reward on online purchases and shopping purchases.
  • Earn 10X Reward on rides with Grab, Gojek, and more.
  • Earn 10X Reward on online food delivery.
  • Earn 10X Reward on online groceries.

Pros

  • All other purchases still earn you a 1X Reward.
  • The first-year annual fee is waived.
  • Enjoy complimentary travel insurance when you use your card to purchase an airline ticket.
  • Get deals and discounts with Citi World Privileges.

Cons

  • Annual fee is waived for the 1st year, but $196.20 for the principal card and $98.10 for the supplementary card after.
  • There is a 3.25% foreign conversion fee.
  • Sign-up promo is only applicable to new Citi cardholders.
  • A rewards cap applies.
Citi Prestige Credit Card

Not available for application via this website

Citi Prestige Credit Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

Get 145,000 bonus Citi ThankYou Points when you apply, get approved, and spend S$2,000 or more in the first 2 months. Terms and Conditions apply.

Highlights

  • Earn 5 ThankYou points (2 miles) per $1 overseas spend and 3.25 ThankYou points (1.3 miles) per $1 local spend.
  • Get a complimentary 4th-night stay at any hotel or resort.
  • Enjoy six complimentary golf games in Singapore, China, Indonesia, and Malaysia.
  • A concierge team to support your lifestyle at home and abroad

Pros

  • Earn 2 miles per $1 overseas spend and 1.3 miles per $1 local spend, miles won't expire on you.
  • No cap on ThankYou points.
  • Access to over 1,000 airport lounges with Priority Pass membership.
  • Up to $1 million travel insurance coverage is awesome.
  • Travel like a boss! Complimentary one-way Airport Limousine transfers to or from Changi International Airport.
  • Fly and stay with no blackout dates all year round.

Cons

  • The high annual fee of S$540 p.a.
  • A minimum income of S$120,000 a year is required to be eligible for this card.
  • Free travel insurance only when your air ticket is charged to your card.
Citi Cash Back+ Credit Card

Not available for application via this website

Citi Cash Back+ Credit Card

Cashback

1.60% on any spend

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

Get up to S$300 cash back when you apply today. Terms and Conditions apply

Highlights

  • Earn 1.6% cashback on all eligible transactions.
  • Earn unlimited cashback with no minimum spend requirements.
  • Comes with complimentary travel insurance,

Pros

  • Earn a 0.4% bonus cashback if you have a Citi Interest Booster Account.
  • The first-year annual fee is waived.
  • Get exclusive deals with Citi World Privileges.
  • Compatible with Apple Pay, Google Pay, and Samsung Pay.

Cons

  • After the initial year, the annual fee reverts to S$194.40.
  • Other cashback cards have higher points earning schemes.

Who are Mastercard credit cards suitable for?

Mastercard credit cards are available to cater to a diverse range of customers, from points-hackers and deal-seekers to small businesses and freelancers.

  • Frequent travellers seeking rewards or perks like air miles
  • Those looking for cashback on everyday purchases, such as groceries
  • Individuals aiming to build or improve their credit score

What to compare for Mastercard credit cards

When choosing a Mastercard, consider the following factors:

  • Annual fee and waivers. Does it have an annual fee, and if so, can it be waived?
  • Rewards and cashback. What kind of rewards or cashback can you earn, and on which types of spending? Are there any caps or tiers in place?
  • Interest rates. What interest rate would apply if you carry a balance and will it be affordable?
  • Foreign currency transaction fees. Are there fees for using the card abroad or for online purchases in other currencies? Some credit cards don't charge foreign transaction fees, saving regular travellers a lot of money.
  • Additional features. Does the card offer anything particularly appealing to you that isn't available with any other card?

How to compare Mastercard credit cards

You can compare Mastercard credit cards the same way you can compare any credit card with these steps:

  1. Determine your spending habits and lifestyle priorities. There are cards with rewards for grocery shopping, dining out at certain restaurants, overseas spending, etc. Rewards are generally in the form of cashback or points, e.g. KrisFlyer miles per dollar spent.
  2. Research cards that offer rewards and benefits tailored to your preferences.
  3. Check for potential annual fees, interest rates, and any other charges you may incur.
  4. Examine which cards offer worthwhile perks, such as travel insurance or complimentary airport lounge access, that you would actually use if you had.
  5. Compare your top choices based on the factors listed above, and consider independent reviews from other cardholders to help you make an informed decision. For example, ask friends or family if they've got the same card.

Pros and cons

Pros

  • Wide acceptance at merchants worldwide
  • Variety of rewards and cashback options
  • Access to exclusive benefits, such as dining and entertainment deals

Cons

  • Can lead to overspending if not managed responsibly
  • Some cards have high annual fees or interest rates
  • Potential fees for foreign transactions

FAQs

Can I use my Mastercard credit card overseas, and what fees should I expect?

Yes, Mastercard credit cards are widely accepted overseas. However, using your card for foreign currency transactions or at ATMs abroad may attract additional fees. Contact your card issuer for detailed information on any applicable fees.

How can I redeem rewards or cashback on my Mastercard credit card?

Rewards or cashback redemption procedures vary by card issuer. You may need to log in to your online banking portal or call the issuer's customer service hotline to learn how to redeem your rewards or cashback.

Is Mastercard better than Visa?

There is a similar mix of offers using Mastercard as there is for Visa. Both are accepted globally. Typically if a store accepts one, they accept the other.

Is Mastercard better than Amex?

In terms of acceptance, Mastercard is generally accepted more widely than Amex. However, it's widely accepted that Amex have stronger welcome bonus offers and better ongoing rewards.

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