Best No Minimum Spend Cashback Credit Cards In Singapore 2020

Best No Minimum Spend Cashback Credit Cards In Singapore 2020

So this new credit card you signed up for is promising to reward you with a ridiculously generous cashback rate. But the catch is that the more generous cashback credit cards usually require a high minimum spend amount each month to qualify for the cashback.

If you’re not a big spender, you’ll find that your thrifty ways automatically exclude you from taking advantage of many of the most popular cashback cards.

Yes, there are some cashback credit cards that give you an embarrassingly small cashback rate, between 0.25% to 0.3%, if you don’t meet the prescribed minimum spend in a month.

But there are some cards with no minimum spending requirements to earn cashback at higher rates. So even if you spend only $10 on the card, you can still enjoy what little cashback you’re entitled to.


Best cashback credit cards with no minimum spend in Singapore 2020

Credit card Cashback Cashback cap
Citi SMRT Card  4.7% cashback on groceries, fast food, cafes, movies, kids & pets. 2.7% on online shopping, and 1.7% on healthcare stores. 1% savings on telcos and town council bills.
Extra 0.3% cashback on all categories if minimum spend hits $300. 
$600 a year
POSB Everyday Card  5% on Sheng Siong groceries, 3% on Watson’s and Pet Lovers Centre, 1% on utilities and telco bills and 0.3% on everything else  $100 for utilities bill and $1,000 for Sheng Siong 
HSBC Advance Credit Card  1.5% on all local spend. Up to 3.5% if you spend above $2,000 and are a HSBC Advance member.  $70 a month
Standard Chartered Spree Credit Card 3% on online spend in foreign currency and vPost spending.
2% on online spend in local currency, contactless and mobile payments.
1% on other retail spend.
$60 a month
American Express True Cashback Card 3% cashback on up to $5,000 spend in first 6 months of card membership
1.5% on everything else
Standard Chartered Unlimited Cashback Credit Card 1.5% on all local spend  
Maybank FC Barcelona Visa Signature Card 1.6% on all local spend  
ICBC Chinese Zodiac Credit Card 1.6% on local and overseas spend  

Even if you are a big spender, it is always handy to keep one of these no-minimum-spend cashback cards on hand. That way, if you’ve maxed out the cashback caps on your other cards or can’t meet the minimum spending requirements, you can use one of the above without worrying about not qualifying for the cashback.

Within the no minimum spend cashback cards, there are 2 types: those that gives cashback for specific categories and those that gives cashback for all local spend.


Best no minimum cashback credit card for groceries and fast food: Citi SMRT Card

You don’t want a minimum spend requirement on your credit card, but you also think that 1.5% on all local spend is too low. Plus, you shop at FairPrice, go to McDonald’s and occasionally visit the cinemas.

In that case, you should get the Citi SMRT Card. It gives 4.7% cashback on groceries, fast food, cafes, movies, kids & pets. You earn 2.7% on online transactions and 1.7% on healthcare stores. In addition, if you put your recurring bills toward the card, you get 0.7% savings on telcos and town council bills. 

If you do spend over $300, you earn extra 0.3% cashback on all categories. In other words, this card is great for singles, couples, and maybe small families. 

Apply via MoneySmart and get $120 cashback when you spend $1,200 in the first 3 months!

Citibank logo
No Minimum Spend for Cashback
Cash Back on Eligible Spend
Cash Back Cap per year
Min. Spend per month


Last month, you spent $150 on groceries to meal-prep and $50 on dining at fast food places and cafes, like McDonald’s and Starbucks. You went for a movie with a date and charged $25 to your card.

Your total spend is $225, so you qualify for $10.57 in SMRT$, which you can redeem as cashback the next month by sending an SMS.


Best no minimum cashback card for getting bonus interest on DBS Multiplier: POSB Everyday Card

Okay so, it’s kinda specific, but we’re certain there is a demographic that can benefit from this card. If you live near a Sheng Siong, frequently shop at Watson’s, pump petrol at SPC AND are a Starhub user, you should get a POSB Everyday Card.

There’s no minimum spend to this card and it’s a great secondary card to own for earning extra bonus interest on a DBS Multiplier savings account.

POSB logo
Online Promo
Earn Cash Rebates that Never Expire
Cash rebates on Online Food Delivery
Up to 10%
Cash Rebates on Groceries from Sheng Siong
Up to 5%
Fuel Savings at SPC
Up to 20.1% + 2%


You spent $200 at Sheng Shiong and you stocked up $30 worth of toiletries and medication at Watson’s. You also paid $25 towards your Starhub bill.

You get $10 cashback (5%) from your Sheng Siong expenditure, $0.9 cashback (3%) and $0.25 cashback (1%) on your Starhub bill. Your total cashback is $11.25.


Best no minimum cashback card for flexible spending: HSBC Advance

You like to control your expenditure on most days, but also like to indulge once in a while. Your expenditure spikes to above $2,000 on certain months when someone has a birthday or your family goes on holiday.

The HSBC Advance credit card offers you 1.5% on all local spend, so you don’t need to worry about hitting minimum spend on normal months. But, if you do spend above $2,000, you get 2.5% cashback and additional 1% if you are a HSBC Advance member, totalling 3.5%.

HSBC logo
MoneySmart Exclusive
Enjoy Instant Approval* | MoneySmart LUCKY DRAW
Base Cashback
Cashback when you spend more than S$2,000
Bonus Cashback with HSBC Everyday+
MoneySmart Exclusive:

Stand a chance to win an Apple Watch Series 9 (GPS), 41mm (worth S$599) when you successfully apply for an eligible HSBC Credit Card through MoneySmart.
Refer friends and family to boost your lucky draw odds. The more you refer, the better your chances! T&Cs apply.
Plus get a Samsonite ZELTUS 69cm Spinner Luggage (worth S$680) or S$150 Cashback from HSBC when you meet the min. spends of S$1,000 upon card approval required and provide marketing consent. T&Cs apply.

Valid until 15 Dec 2023


It’s April, you’re controlling your expenses and staying within your budget.
You spend about $500 on your HSBC Advance credit card, and you get $7.5 (1.5%) cashback.

Come December, you take a family holiday, charging $2,000 on flights and $800 on accommodation to your card. You decide to splash $300 on a luxurious Christmas dinner for your family too. These are on top of your usual $500 monthly expenditure. Your total expenditure is $3,600, and you get 2.5% cashback, or $90. Since there is a cap of $70 for non-HSBC Advance members, you get back $70.


Best cashback credit card for online shopping with no minimum spend: Standard Chartered Spree Credit Card

This Standard Chartered Spree cashback credit card rewards you with a generous 3% for online shopping in foreign currency, as well as vPost shipping. For local online shopping sites, you get 2% cashback.

There is no minimum spending requirement, which makes this a great card if you’re not a hardcore shopaholic but do buy items online occasionally. The cashback cap of $60 isn’t too low either.


You buy several items on Amazon’s US site, spending $200 altogether. You ship these items to your vPost address and have them delivered to you in Singapore for $50.

You will qualify for 3% cash rebates on the $250 you spent, earning you $7.50.


Best credit card for local spending with no minimum spending requirements: Amex True Cashback Card / Maybank FC Barcelona Visa Signature Card / ICBC Chinese Zodiac Credit Card

Sign up for the Amex True Cashback Card just before you are about to spend a high amount, as you will get 3% cashback on up to $5,000 worth of spending in your first 6 months of card membership.

After the 6 months are up, you will only receive 1.5% cashback from the Amex True Cashback Card. So it’s time to switch to the Maybank FC Barcelona Visa Signature Card, which entitles you to a slightly higher 1.6% cashback on everything.

American Express logo
Unlimited Cashback
Welcome Bonus (on all eligible purchases, up to S$5,000 spend in the first 6 months)
3.0% Cashback
on all eligible purchases
1.5% Cashback
Cash Back Cap

Maybank logo
Online Promo
Cashback on All Local Spend
on Spend in Foreign Currency
S$1 = 2X Points
Min. Spend per month


Your computer breaks down and you need to buy a new one. You sign up for the Amex True Cashback Card and buy a new laptop for $1,000. In the first three months, you also spend an additional $500 on other miscellaneous items. In the fourth month, you spend $100 on restaurant meals.

With the Amex True Cashback Card, you will receive 5% cashback on the $1,500 you spent in the first 3 months on your new computer and other items, earning a total of $75.

In the fourth month, you will receive 1.5% cashback equivalent to $1.50 if you use the Amex True Cashback Card, or 1.6% cashback equivalent to $1.60 if you switch to the Maybank FC Barcelona Visa Signature Card, or the ICBC Chinese Zodiac Credit Card.

Do you know of any other credit cards with no minimum spending requirements? Tell us in the comments!