There are some things we can’t escape in our lives; it could be as small as remembering to pay your bills on time or as big as meeting the in-laws. Well, we can help with one of them. Hint: You can’t get out of meeting your in-laws.
If keeping track of all your bills gets overwhelming for you every month, there are credit cards in Singapore that not only help consolidate your bills but also offer perks for paying them every month. This will definitely help you save a couple of dollars each month.
Here are the best credit cards to pay your recurring bills in Singapore:
1. HSBC Visa Platinum Credit Card
Whether you are looking to set up a recurring payment system in place for your mobile, internet or cable bills (even all of the above), the HSBC Visa Platinum Credit Card offers cash rebate with every payment.
- Earn 5% cash rebate on your local telecommunication bills paid using this HSBC credit card.
- Minimum monthly spend of S$400 per quarter is required to earn 5% cash rebate.
What you should know: The maximum cash rebate that can be earned per quarter including all eligible category spends (recurring bills, petrol, groceries and dining) is S$60 if your monthly spend is at least S$400. If your monthly spend is S$800 or more, the cash rebate cap is S$120.
2. UOB Delight Credit Card
Another credit card from the UOB family, the UOB Delight Credit Card offers up to 3% rebate on paying your recurring bills with this card. It covers a host of recurring bills including:
- Telecommunications bills
- United Overseas Insurance bills
- Prudential Insurance bills
- SPH newspaper bills
- Town council payments
A minimum spend of S$400 (on qualifying spends) per month will earn you 3% SMART$ rebate. You can redeem your SMART$ at more than 400 participating merchant outlets in Singapore to offset future purchases.
Did you know: You can apply for this card and get it on the same day! Terms and conditions are applicable.
3. OCBC 365 Credit Card
A card that gives in so many ways – the OCBC 365 Credit Card offers you cashback spread across 5 different categories. You will earn 3% cashback if you pay your recurring bills at M1, StarHub and Singtel using this OCBC card. However, a minimum monthly spend (on qualifying transactions) of S$600 is required to earn the maximum cashback on this card. You will earn a maximum cashback of S$80 every calendar month.
Exciting want-to-know: Up to 15 January 2018, you can earn additional cashback up to S$80 on overseas spends in person.
Want this card? Read our review: OCBC 365 Credit Card Review: High Cashback or Cashback Everyday?
4. Citibank SMRT Card
The Citibank SMRT Card offers SMRT$ rebates across 5 different recurring bill payments every month of the year. This one Citi credit card can take care of all your recurring transactions and payments.
- Up to 1% SMRT$ on paying your telecommunication bills at Singtel, M1 and Starhub.
- A maximum of 5% SMRT$ on recurring (select) town council service and conservatory fees.
- Up to 1% SMRT$ on paying your insurance bills at Prudential Insurance and Ace Insurance.
- A maximum of 1% SMRT$ on paying your newspaper subscription for Singapore Press Holdings.
Rewarding need-to-know: This card offers a unique way of earning SMRT$. You will earn the maximum SMRT$ rebate if you spend a minimum of S$300 per calendar month. However, if you do not meet this requirement, you will earn 0.3% less SMRT$ rebate on all recurring bill payments.
Thinking of getting this card? Be smart about the Citibank SMRT Card and read our review first.
5. POSB Everyday Card
If you’re looking for a credit card for everyday use, what better card to use than one that already has the word “everyday” in it, right? The POSB Everyday Card offers cash rebate on a multitude of everyday essentials including paying your utility and telecommunications bills.
- You will earn 1% cash rebate on paying your recurring utility bills with SP Group.
- You will also earn 1% cash rebate when you pay your recurring broadband, mobile and digital bills from StarHub. In-store purchases from Starhub also qualify for 1% cash rebate.
What you should know: You will earn cash rebates only on recurring bill payments up to S$100. After that, you will not earn further cash rebates on recurring bill payments.
A worm’s eye view
Here’s an at-a-glance view of what each credit card offers in comparison to one another when you pay your recurring bills:
|Credit Card||Recurring bill cashback/rebate||Minimum spend requirement||Cashback/rebate cap|
|HSBC Visa Platinum||5% rebate||S$400 or per month for all three months of the quarter||S$60-S$120 per quarter|
|UOB Delight Card||Up to 3% SMART$ rebate||S$400||50 SMART$ per month|
|OCBC 365 Card||3% cashback||S$600||S$80 per month|
|SMRT Card||Up to 5% SMRT$ rebate||S$300||600 SMRT$ per year|
|POSB Everyday Card||1% cash rebate||Nil||S$1 per month|
There, you have it. If you own one of these cards, don’t forget to pay your next month’s bills using it to maximise your rewards.
Looking for the best of everything? Here are a few of them:
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All information provided in this article is strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. For more details, please consult your financial adviser.