No Minimum Spend Credit Cards in Singapore | Credit Card Rewards

Want to know about the most rewarding credit cards? So, this new credit card you signed up for is rewarding you with a ridiculously lavish cashback rate. But often the catch is that all these credit cards with generous cashback usually have a high minimum spend criteria. A certain amount of expenses each month to qualify for the cashback. Read this blog to know more about no minimum spend credit cards in Singapore.

If you are not a huge spender, you may find yourself in a position where your thrifty ways automatically exclude you from the many benefits of the popular cashback cards.

Even if you are a big spender, it is always a good idea to keep one of the no-minimum-spend cashback credit cards at hand. So that if you’ve maxed out the cashback caps on all your other credit cards or in case you find it difficult to meet the minimum spending requirements, you have some backup card. You can use one of the no minimum spend credit cards without worrying about not qualifying for the cashback.

There are two categories in the no minimum spend cashback credit cards:

One that allows cashback for specific categories and the second that gives you cash back for all local spend.

Citi SMRT Card – No minimum spend cashback credit card for groceries and fast food

If you spend heavily on fast food and have a considerable expense on groceries, get the Citi SMRT Card. It offers 4.7% cash back on groceries, fast food, cafes, movies, kids & pets. You can 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 end up spending more than $300, you can earn an extra 0.3% cashback on all categories. Overall this card is great for couples, singles, and also small families.

Amex True Cashback Card/ Maybank FC Barcelona Visa – Best credit card for local spending with no minimum spending requirements

You can sign up for the Amex True Cashback Card just before you are about to spend a high amount, as you will be offered 3% cash back on up to $5,000 worth of spending in your first 6 months of card membership. And post 6 months, you will only receive 1.5% cashback from the Amex True Cashback Card. For this reason, 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.

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

This Standard Chartered Spree cashback credit card offers you a generous 3% for online shopping in foreign currency, as well as vPost shipping. For local online shopping sites, you will get 2% cashback. There are no minimum spending requirements, which makes this a great card if you’re not a shopaholic but only occasionally shop for items online. The cashback cap of $60 isn’t too low either.