Credit Cards

Best Credit Card Promotions (2019) – Free Luggage, CapitaLand Vouchers & More

Clara Lim


I have to admit, I’m a complete sucker for credit card promotions. These days, even the best credit cards in Singapore are so desperate to get new customers that they practically rain CapitaLand vouchers, Takashimaya vouchers, NTUC vouchers, cashback and other forms of free money on us.

And in my household, we’d rather die than spend a cent at the Samsonite store, because duh, that’s what credit card free luggage promotions are for.

Okay, enough grandmother stories for now. Let’s cut the crap and get straight to what you’re here for… the best credit card promotions in Singapore.


Best credit card promotions in Singapore 2019

Bank / credit card Credit card promotion Min. spend Expiry
Citibank $200 NTUC / CapitaLand vouchers None 31 May 2019
Standard Chartered Unlimited Card $200 ($100 cashback + $100 cash) None 31 May 2019
HSBC $150 cashback / free luggage (+ $20 Grab credit) $800 in first month 31 Jul 2019
DBS / POSB $120 cashback $800 in 2 months 30 Jun 2019
Citibank $120 cashback $1,200 in 3 months 31 Dec 2019
Standard Chartered $100 cashback None 30 Jun 2019
Maybank $100 cashback $800 in 2 months 31 Jul 2019
UOB $100 cashback $1,000 in first month 30 Jun 2019
Amex True Cashback Card $80 CapitaLand vouchers $500 in first month 30 Jun 2019
Amex CapitaCard $60 CapitaLand vouchers + free luggage $1,500 + $1,500 in 3 months 30 Jun 2019
CIMB $40 / $60 cashback $1,500 in 3 months ($500 a month) 30 Jun 2019


Citibank credit card promotion 2019

If you’re new to Citibank credit cards, hurry up and sign up through MoneySmart to get $200 CapitaLand vouchers or $200 NTUC vouchers, no questions asked and no minimum spend required. These are the eligible cards:

  • Citibank Cash Back Card
  • Citibank PremierMiles Card
  • Citibank SMRT Card
  • Citibank Rewards Card

Can’t decide which to get? Might we suggest the Citi Cash Back Card, which is probably the best cashback card in town for petrol and dining.

Separately, Citibank is also offering $120 cashback if you spend $1,200 on your card in the first 3 months, but that’s obviously not quite as worthwhile. You have to sign up on Citibank’s website (not MoneySmart) and the eligible cards are:

  • Citibank Cash Back Card
  • Citibank SMRT Card

The Citibank PremierMiles and Citibank Rewards cards also have welcome promotions, but in the form of points/miles instead. 

Any promo for existing customers? No.


Standard Chartered credit card promotion 2019

Shopping vouchers are great and all, but what’s even better is the $200 in cold hard cash if you sign up for the Standard Chartered Unlimited credit card through MoneySmart. You get $100 in CASH from us and then an extra $100 cashback from StanChart with no minimum spend at all.

You do have to be new to Standard Chartered cards to qualify, and you have to fill up a claim form in order to get the cash reward from MoneySmart. Once again, it’s limited to just the:

  • Standard Chartered Unlimited Cashback Card

If you’re looking at Standard Chartered’s other credit cards, their promo for new sign-ups isn’t too shabby either. Upon card activation, you get a free $100 credit in your account, no minimum spend required. Sweet.

Eligible cards are:

  • Standard Chartered Unlimited Cashback Card
  • Standard Chartered Rewards+ Card
  • Standard Chartered Spree Card
  • Standard Chartered Platinum Visa/Mastercard

Any promo for existing customers? Yes, get $20 cashback if you sign up for another Standard Chartered credit card.


HSBC credit card promotion 2019

Like everyone else, HSBC is also running a credit card promotion to entice new signups. Apply by 31 Jul 2019 and charge $800 in the first month to get either a whopping $150 cashback OR free luggage.

Plus, if you sign up using SingPass to submit your data to HSBC, you can get an extra $20 worth of Grab rides on top of that.

Eligible credit cards:

  • HSBC Visa Platinum Credit Card
  • HSBC Advance Credit Card
  • HSBC Revolution Credit Card

Any promo for existing customers? Yes, $30 cashback if you spend $800 in the first month on your new HSBC card.


POSB / DBS credit card promotion 2019

I doubt there are many Singaporeans who are “new to DBS”, but just in case you’ve never owned a POSB/DBS credit card before, you can sign up for either of the below to get $120 cashback:

  • DBS Live Fresh Card
  • POSB Everyday Card

You need to spend $800 on the card within the first 2 months to get the cashback.

Any promo for existing customers? Yes, $40 cashback if you spend $800 in the first month.


Maybank credit card promotion 2019

Maybank is giving away $100 cashback to anyone who signs up for CreditAble (their credit line service) and any 2 credit cards.

You’ll have to spend at least $800 on your credit cards or withdraw from your CreditAble account within the first 2 months to get the reward. For foreigners, this minimum goes up to $1,000.

Any promo for existing customers? No.


UOB credit card promotion 2019

UOB is running a credit card sign-up promotion for all newcomers to UOB credit cards: a generous $100 cashback for spending $1,000 in the first month.

Of course, this being UOB, there’s a catch. You need to be one of the first 600 people to spend that amount, and there’s no way to tell if you’re one of them at the point of spending.

Most UOB credit cards are eligible for the promotion, except (conspicuously) the new UOB KrisFlyer Card, which has its own miles promo. Read the full T&Cs here.

Any promo for existing customers? No.


Amex credit card promotion 2019

American Express is running a credit card promotion where you can get $60 CapitaLand vouchers. Just sign up for the Amex True Cashback Card and charge $500 in the first month. (You also get 3% cashback on the first $5,000 spent in the first 6 months.)

In addition, if you use SingPass MyInfo to submit your application for the card, you get a bonus $20 CapitaLand vouchers.

There’s a similar promo for the Amex CapitaCard – $60 CapitaVouchers as well, but with minimum spend of $1,500 in the first 3 months, so not quite as worthwhile. If you spend $3,000 in the first 3 months, you get $60 vouchers + free luggage too.

Any promo for existing customers? Both promotions are open to existing Amex cardmembers, except those who cancelled the same card in the last 6 months.


CIMB credit card promotion 2019

Those new to CIMB credit cards can sign up online to get $40 or $60 cashback. You have to spend $500 a month on the card for the first 3 months, so that’s at least $1,500 in total – quite a lot of spending for a pretty small payout, I think.

Only selected cards are eligible, and how much cash back you get depends on which card you pick:

  • CIMB Platinum Mastercard ($40 cashback)
  • CIMB World Mastercard ($60 cashback)
  • CIMB Visa Infinite ($60 cashback)

Any promo for existing customers? No.


So many credit card promotions! Is there a catch?

You can’t blame us for liking free stuff. If your storeroom is so full of free luggage from credit cards that it could double as a Samsonite warehouse, you might be wondering if there’s a catch to all these freebies.

Well, there IS one drawback to signing up for all the credit card promotions – you’ll get disqualified from getting more freebies in the future.

That’s because banks and comparison sites like us 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

So if you’re thinking of gaming the system by cancelling your card and re-applying, tough luck!

Another thing to note is that some banks are more generous than others.

If you’re lucky, you’ll get vouchers or cashback or luggage immediately upon card approval.

However, but some banks require you to spend a minimum (say, $600 in the first month) AND make you wait a few months before you can even smell the freebie. So, be sure to read the T&Cs, and only sign up when you’re confident you can hit the minimum spend.

Did we miss out any credit card promotions? Good things must share – tell us about them in the comments!


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The Best Cashback Credit Cards in Singapore

The Best Rewards Credit Cards in Singapore

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Clara Lim

I used to be MoneyDumb. I hung out at H&M every day and thought that a $50 lunch set was a good deal. These days, I spend my time researching the crap out of life and trying to maximise utility on micro-decisions. I'm not sure if that's an improvement.