Visa credit cards

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

By Verified by Kwok Zhong Li   |   Updated 29 Apr 2024

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Comparing of 8 Visa credit cards

HSBC Advance Credit Card

On website

Featured

HSBC Advance Credit Card

Cashback

3.50% on any spend

Cashback cap

$70.00 on any spend

Minimum spend

N/A

Sign up bonus

Get a S$200 cashback or a Samsonite ZELTUS 69cm Spinner Exp with built-in scale when you apply now. Terms and Conditions Apply.

Highlights

  • Get up to 3.5% Base Cashback on local and overseas spend (Terms and Conditions apply).
  • Get an additional 1% Bonus Cashback with HSBC Everyday+ Rewards Programme.
  • 1-year annual credit card fee waiver.

Pros

  • Earn up to 3.5% cashback when you meet the criteria.
  • No minimum spend is required.
  • Split your purchases into installments at 0% interest over 3 to 24 months.
  • Comes with complimentary travel insurance.
  • Enjoy shopping, dining, and travel deals.

Cons

  • The annual fee reverts to S$194.40 p.a. after the initial year (waived if you spend S$12,500 per year).
  • The ongoing interest rate of 26.90% p.a.
HSBC Visa Platinum Credit Card

On website

HSBC Visa Platinum Credit Card

Cashback

Up to 5.00% on dining spend

Cashback cap

$1000.00 on dining spend

Minimum spend

S$600.00 per month, every quarter

Sign up bonus

Get a S$200cashback or a Samsonite ZELTUS 69cm Spinner Exp with built-in scale when you apply now. Terms and Conditions Apply.

Highlights

  • 5% cash rebate on dining, groceries and fuel.
  • 1 reward point per dollar spent.
  • 2-year annual credit card fee waiver.

Pros

  • Earn up to 5% cashback.
  • Additional 17% instant discount when you fuel up at Caltex or Shell.
  • No annual fee for the first 2 years.
  • Enjoy Visa Platinum credit card privileges.

Cons

  • Cashback is capped at $1,000 per year.
HSBC Revolution Credit Card

On website

HSBC Revolution Credit Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

Get a S$200 cashback or a Samsonite ZELTUS 69cm Spinner Exp with built-in scale when you apply now. Terms and Conditions Apply.

Highlights

  • Up to 10X Reward points on online purchases and contactless payments (equivalent to 4 miles per S$1 spend).
  • 1X Reward point per S$1 spend on other purchases.
  • No minimum spend is required.
  • $0 annual credit card fee.

Pros

  • Earn 10x rewards points on online and contactless spending.
  • Get an additional 1% Bonus Cashback with HSBC Everyday Global Account
  • S$0 p.a. annual fee.
  • Includes travel insurance coverage against flight inconvenience and personal accidents.
  • Get instant discounts of up to 14% off at Shell stations and 16% off petrol at Caltex stations.

Cons

  • There is a 10,000 monthly cap on rewards points earned (online and contactless spending only).
OCBC 365 Credit Card

On website

OCBC 365 Credit Card

Cashback

Up to 6.00% on petrol spend

Cashback cap

$160.00 on any spend

Minimum spend

S$800.00 per month

Sign up bonus

N/A

Highlights

  • Earn 6% cashback on fuel spend and 5% on local and overseas dining.
  • 3% cashback on groceries, travel, land transport, utilities, streaming, and pharmacy.
  • Receive six S$6 vouchers from each of Caltex and Esso and save up to S$72.

Pros

  • The annual fee is waived for the 1st 2 years.
  • Generous cashback rates.
  • Multiple cashback categories to choose from.
  • Get a complimentary appetizer at Din Tai Fung when you pay using your Card.

Cons

  • Min annual income of $30,000 for citizens/PRs or $45,000 for foreigners
  • After 2 years, the annual fee reverts to $194.40 for the principal card and $97.20 for the supplementary card.
  • If you spend less than $800 each month, you get a reduced rate of 0.25% rebate on all your spending
  • Earn rate is capped at $160 per month.
OCBC Frank Credit Card

On website

OCBC Frank Credit Card

Cashback

Up to 8.00% on any foreign currency spend

Cashback cap

Up to $25.00

Minimum spend

S$800.00 per month

Sign up bonus

N/A

Highlights

  • Get up to 10% cashback. Earn 8% in cashback on foreign currency transactions and online/contactless mobile transactions in SGD, plus earn an additional 2% when you shop at selected green merchants.
  • Earn up to S$100 in monthly cashback when you spend at least S$800 a month.
  • Earn 0.3% cashback on other eligible spending.

Pros

  • Earn 8% cashback on purchases made in foreign currency, both online and in stores.
  • Earn 8% cashback on online purchases made in SGD and contactless mobile transactions.
  • Earn an additional 2% cashback on green merchants like SimplyGo, BlueSG, Scoop Wholefoods, and more.
  • The annual fee is waived for the first 2 years

Cons

  • Cashback is capped at S$100 a month.
  • After the first 2 years, you will be charged an annual fee of S$194.40 for the principal card and S$97.20 for the additional card.
Citi SMRT Credit Card

Citi SMRT Credit Card

Cashback

Up to 5.00% on grocery spend

Cashback cap

$600.00 on any spend

Minimum spend

S$500.00 per month

Sign up bonus

Get S$300 cash back when you apply and spend with a Citi SMRT Card. Terms and Conditions apply.

Highlights

  • Get up to 5% cashback on selected grocery stores, online purchases, and & public transport rides.
  • Get a 0.3% cashback on all other eligible transactions.
  • Redeem SMRT$ for cash rebate or shopping vouchers

Pros

  • The annual fee for the first 2 years is waived. S$194.40 thereafter.
  • Get deals and discounts with Citi World Privileges.
  • Convert big transactions into installments with Citi PayLite.

Cons

  • There is a required S$500 spend to earn the 5% cashback on select categories.
  • S$600 cap on SMRT$ rebates per year.
UOB PRVI Miles Visa Credit Card

Cashback

N/A

Cashback cap

N/A

Minimum spend

N/A

Sign up bonus

Get up to 50,000 miles when you meet the criteria.

Highlights

  • Get up to 50,000 miles when you apply, get approved, and meet the criteria.
  • Earn 6 miles per S$1 spend on Agoda, Expedia, and UOB Travel.
  • Earn 2.4 miles per S$1 spend overseas and 1.4 miles per S$1 local spend.
  • Comes with Complimentary travel insurance.

Pros

  • Waived annual fee for the first year, then S$256.80 p.a.
  • Get S$10 off Grab rides when going to or from Changi Airport.
  • Enjoy S$80 cash credits when you get a Supplementary Card.
  • First Supplementary Card is complimentary, adding more will cost S$129.60 p.a.

Cons

  • Earned UNI$ expires after 2 years.
  • No miles with annual fee payment.
  • Does not include lounge access.
  • There is a 3.25% overseas transaction fee.
UOB EVOL Credit Card

Cashback

Up to 8.00% on online shopping domestic spend

Cashback cap

Up to $20.00

Minimum spend

N/A

Sign up bonus

Get a welcome gift worth up to S$460 when you apply and get approved.

Highlights

  • Earn 8% cashback for online transactions and mobile contactless spend.
  • The annual fee is waived if you meet the spending criteria.
  • Access to 1,000+ deals from fashion, dining and more.

Pros

  • Get up to 8% cashback.
  • Public Conveyance Personal Accident coverage of S$500,000
  • Emergency Medical Assistance, Evacuation & Repatriation coverage up to S$50,000
  • Earn up to 2.5% interest on your savings by pairing the UOB EVOL card with the UOB One Account.

Cons

  • Cashback on all other spending is only 0.3%
  • There is a maximum cashback cap of $60 per month.

Who are Visa credit cards suitable for?

Visa credit cards cater to various lifestyle needs and preferences:

  • Frequent travellers. For those who love exploring new destinations, cards with travel rewards are a perfect fit.
  • Cashback enthusiasts. If saving on everyday expenses is your top priority, cashback cards should be on your radar.
  • Rewards collectors. For those who love accumulating points to redeem vouchers and gifts, rewards-based credit cards will probably be on your list.
  • Shoppers. Online and offline shopaholics can benefit from exclusive discounts and perks of having a shopping-focused Visa card.

What to compare for Visa credit cards

When comparing different credit cards, consider these essential factors:

  • Interest rates. How much will the card cost you in the long run if you have a balance on it? Look at the annual percentage rate (APR) and other fees.
  • Rewards. Which credit card rewards program will let you enjoy the maximum benefits based on how you spend from month to month?
  • Annual fees. How much will you be charged yearly for using the card? Some cards have a waiver, while others don't.
  • Foreign transaction fees. If you're a globetrotter, it's essential to understand how much you'll be charged for overseas spending. Some cards have free foreign transactions.

How to compare Visa credit cards

Follow this simple step-by-step process for a seamless comparison:

  1. Determine your needs. Start by assessing your spending habits, preferences and financial goals.
  2. Research the options. Explore the various Visa credit cards available in the market and shortlist the ones that align with your requirements and income.
  3. Understand the fees. Analyze the relevant fees, including annual fees, interest rates, and foreign transaction charges.
  4. Compare the rewards. Gauge the value of different rewards systems and choose the one offering maximum benefits based on your spending pattern.
  5. Review additional perks. Consider additional features such as insurance coverage, concierge services and airport lounge access.

Pros and cons

Pros

  • Wide acceptance. Visa credit cards are accepted globally, making it convenient for your overseas spending.
  • Flexible rewards. With card options catering to different needs, there's a Visa card to suit most needs.
  • Additional perks. Extras like insurance coverage, concierge services and airport lounge access enhance the overall card experience.

Cons

  • Might be less appealing than Amex. There are many Visa credit cards with rewards, but their earn rate may not be as good as what you can get with an Amex card.
  • Annual fees. Many cards come with yearly fees, adding to your overall costs.

FAQs

What is the difference between a Visa credit card and a debit card?

A Visa credit card allows you to borrow money from the bank to make purchases, whereas a debit card uses your own funds in your linked bank account. Credit cards offer various reward programs, but they often come with higher fees and interest rates.

Is Visa better than Mastercard?

In terms of their acceptance, they are roughly the same with Visa typically being accepted where Mastercard is — especially overseas in Europe, USA, Australia, etc. The mix of offers available between the two is comparable.

Is Visa better than Amex?

Visa is accepted more widely than Amex, especially outside Singapore. That's worth bearing in mind if you travel a lot. In terms of their various welcome offers and rewards, Amex are generally more competitive, but there can be standout Visa offers too.