Credit Cards

Best Petrol Credit Card for SPC Petrol Discounts in Singapore 2020

Best Credit Card for SPC Petrol Station

So the closest petrol station to your home is SPC, and you’re looking for the best SPC petrol credit card in Singapore, but everyone just keeps recommending you cards that get you discounts at Shell or Esso. Pfft.

Don’t fret, SPC customers, we’ve compiled a list of SPC’s best petrol credit cards, which are as follows:

 

Best petrol credit card for SPC petrol station 2020

  UOB One Card Amex Platinum Credit Card POSB Everyday Card
SPC&U Card Discount 10% 10% 10%
Card Discount 5% +

5% (every $51 nett spend)

5% 5%
Card Rebate (applies after all discounts) 5% 7.1% 6%
Total Discount 24% 21% 20.1%

 

Best credit card for SPC petrol discount – UOB One Card

UOB One Card

UOB One Card


Card Benefits

    • At SPC Stations, up to 24% savings on fuel purchases
    • At Shell Stations, up to 20.8% savings on fuel purchases

    The good news is that the UOB One Card offers not just the best SPC credit card discount, but also one of the best petrol discounts across all petrol brands.

    There is, however, a catch. In order to qualify for the maximum discount of 24%, you will have to be able to meet their minimum spending requirement of $2,000 a month and make a minimum of 5 transactions every statement month in a quarter.

    If you don’t manage to meet the $2,000 minimum spending requirement but still spend over $500 each month, you’ll qualify for lower card rebates of up to 3.33% instead of 5%, which is still not too shabby.

    The good news is that this is a card you can use on just about anything, since meeting the $2,000 minimum spending requirement gets you a very generous 5% rebate on ALL your spending. That’s powerful enough to justify making this your one, go-to credit card for every single spending category.

    Actually, there’s another catch: you’ll have to make sure you spend at least $51 each time you fill up your tank, otherwise you’ll lose a 5% discount.

    Do note that the maximum rebates you can earn in a quarter are $300 in total. That means you should avoid spending way above the $2,000 minimum spending mark.

    Jumping through all these hoops is worth it, however, as the 24% rebate is one of the best SPC credit card discounts you can get.

    Here’s how much you save with the UOB One Card on SPC petrol depending on your monthly expenditure:

    Monthly expenditure $2,000 $1,000 $200
    SPC&U Card Discount 10% 10% 10%
    Card Discount 5% 5% 5%
    $200 worth of petrol after discounts $170 $170 $170
    Additional $3 off for every $51 nett spent $9 $9 $9
    Card Rebate (applies after all discounts) 5% ($8.5) 3.3% ($5.61)
    Total savings 23.75% 22.3% 19.5%

    As you can see, pumping $200 worth of petrol will get you 23.75% savings, which is less than the 24% that is advertised. This is because the nett amount is not exactly $51, or in multiples of $51. 

    You also get either 5% or 3.3% rebate on all your other spending if you hit the minimum spend. You would need to spend consistently for 3 statement months in one quarter, and transact a minimum of 5 purchases a month.

    Read about the UOB One Card in detail in our MoneySmart Review.

     

    Best for no frills SPC petrol discounts – Amex Platinum Card 

    American Express Platinum Credit Card

    American Express Platinum Credit Card


    Card Benefits

      • Get 5X Membership points at Platinum EXTRA Partner like Lee Hwa Jewellery, TungLok Signatures and Watches of Switzerland
      • Eligible for use with Apple Pay
      • 90-days return guarantee, return almost any purchase made in Singapore for a refund up to S$800 per item
      • Redeem vouchers with points at various shops including Dorothy Perkins, TOPSHOP, Ben Sherman, Robinsons, Isetan, OG, Courts and many more

      Don’t want to worry about complicated minimum spending requirements or having to pump a certain amount of petrol at each visit to SPC?

      Then the Amex Platinum Card is a straightforward solution. But you have to act fast and sign up, because you must register your card online to receive their additional 7.1% rebate at SPC. The offer is valid till 31 Dec 2020, and is limited to the first 50,000 customers who sign up and register their cards.

      If you joined a previous promotion, you have to register your card again to enjoy this promotion.

      Do that and you get a total of 21% off each time you fill up your tank, no questions asked.

      You also get the same 21% effective discount at Amex True Cashback Card, which provides 1.5% cashback on all spend.

      American Express True Cashback Card

      American Express True Cashback Card


      Card Benefits

        • Apply through MoneySmart from 22 Mar - 19 Apr 2018 to get S$100 worth of Grab OR NTUC Vouchers. Application must be approved by 3 May 2018. Submit your (i)Contact Details and (ii)14-digit Reference Number on the Thank You Page upon completion at this link before 19 April 2018. T&Cs
        • 1.5% Cashback on any purchase you make, anytime
        • 3% Cashback for the first 6 months up to $5000 spend
        • Enjoy first year fee waiver
        • Eligible for use with Apple Pay

        For Amex CapitaCard cardholders, you get an additional 8X STAR$ (or 4$ voucher rebates) on top of the 21% savings.

        American Express CapitaCard

        American Express CapitaCard


        Card Benefits

          • S$1 = 5 STAR$ on all spend
          • S$1 = 15 STAR$ at CapitaLand Malls on eligible purchases
          • All STAR$ earned are credited directly into your CAPITASTAR account, capped at S$1,200 per calendar month
          • 5,000 STAR$ = S$5 CapitaVoucher / 10,000 STAR$ = S$10 CapitaVoucher / 50,000 STAR$ = S$50 CapitaVoucher

          Here’s how much you save with the Amex Platinum Card on SPC petrol depending on your monthly expenditure:

          Monthly expenditure Regardless
          SPC&U Card discount 10%
          Card discount 5%
          $200 worth of petrol after discounts $170
          Card rebate (applies after all discounts) 7.1% ($12.07)
          Total savings 21%

           

          Second best for no frills SPC petrol discounts – POSB Everyday Card 

          POSB Everyday Card

          POSB Everyday Card


          Card Benefits

            • Up to 20.1% savings on petrol at SPC
            • 5% discount from any DBS/POSB Credit or Debit Card (except DBS Esso MasterCard) + 10% SPC&U Card discount + 6% POSB Everyday Card cash rebate*
            • *6% cash rebate applies on the final charge amount, after any applicable discounts. 6% cash rebate promotion valid till 31 Mar 2018

            This is another very straightforward card that gives you a straight-up discount and cash rebate, no minimum spending required.

            How it works is simple. You get a 10% discount at the point of payment thanks to your SPC&U membership card, and a 5% discount thanks to the POSB Everyday Card. When you receive your statement at the end of the month, you’ll get an additional 6% rebate on the amount you paid the petrol station, bringing your total discount to 20.1%.

            The catch is that the additional 6% rebate offer on SPC petrol is valid only till 31 March 2020. They previously renewed the offer, so let’s keep our fingers crossed that they’ll do it again.

            Here’s how much you save with the POSB Everyday Card on SPC petrol:

            Monthly expenditure Regardless
            SPC&U Card discount 10%
            Card discount 5%
            $200 worth of petrol after discounts $170
            Card rebate (applies after all discounts) 6% ($10.20)
            Total savings 20.1%

             

            Other cards with SPC discounts

            Besides the above mentioned, you may also consider using other UOB credit cards to help you with your SPC petrol discounts, especially if you plan to take advantage of the card’s other benefits like dining privileges or air miles

            Do you pump petrol at SPC? Do you have any other tips and tricks we might have missed out? Let us know. Apply for a credit card that is suitable for SPC petrol discounts via MoneySmart

             

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