Miles vs Cashback

Best Credit Cards for Foreigners in Singapore

Foreigners typically need a higher minimum income than Singaporeans/PRs and a valid Employment Pass. Thresholds vary a lot. Some cards ask for S$40,000, others S$90,000, so it pays to start with the more accessible ones.

  1. Cashback

    Why it fits: One of the lower foreigner income thresholds, with strong everyday cashback.

    Annual fee S$196.20 · Min income S$30,000

    Pros

    • +Up to 10% cashback on selected merchants (Grab, McDonald's, SimplyGo, Shopee) plus groceries, with monthly minimum spend
    • +Rewards consistent monthly spenders across everyday categories
    • +Visa-based, so wide acceptance in SG and overseas
    • +First-year annual fee waived

    Cons

    • Annual fee S$196.20 from year two onwards
    • Top rates need consistent minimum quarterly spend
    • The 20% headline is a limited new-customer promo (first quarter); standing max ~10%
  2. Why it fits: Accessible foreigner threshold for a travel miles card, strong on overseas spend.

    Annual fee S$261.60 · Min income S$30,000

    Pros

    • +First-year annual fee waived (S$261.60 thereafter)
    • +~2.4 mpd base on foreign spend
    • +Airport lounge access included
    • +Visa option means wider acceptance than Amex variant

    Cons

    • S$261.60 annual fee from year two onwards
    • Local rate only ~1.4 mpd, weak for SG spend
    • Standard foreign-currency fee still applies on FX spend
  3. Why it fits: Flexible, non-expiring miles with a moderate foreigner income requirement.

    Annual fee S$196.20 · Min income S$30,000

    Pros

    • +Citi Miles never expire, so no rush to redeem
    • +~2.2 mpd on foreign spend, good for travel
    • +Wide transfer-partner list for flexible redemptions
    • +Lounge access; first-year fee waived

    Cons

    • S$196.20 annual fee from year two onward
    • Low ~1.2 mpd on local spend
    • Not especially beginner-friendly
  4. Why it fits: One of the lower foreigner income thresholds (S$40,000) for a miles card, auto-crediting KrisFlyer miles.

    Annual fee S$196.20 · Min income S$30,000

    Pros

    • +Miles auto-credit to KrisFlyer monthly, no transfer fee
    • +Up to 3 mpd on SIA Group, up to 2.4 mpd on dining/online
    • +Bonus rates are uncapped (no annual limit)
    • +Scoot perks: priority check-in and seat selection

    Cons

    • Bonus miles can take up to 14 months to credit
    • Everyday bonus rates need annual SIA Group spend first
    • No complimentary lounge access; weak base earn rate

What you'll need to apply

Expect to show a valid work pass (banks most commonly ask for an Employment Pass), your passport, and proof of income — recent payslips, an employment letter or tax statements. Some banks also care about how long your pass has left to run, so applying right after a renewal is easier than applying just before one.

Income thresholds for foreigners vary far more than most people expect: the same bank that asks Singaporeans for S$30,000 may ask foreigners for S$40,000–45,000, and some issuers set the bar as high as S$90,000. The picks above start with the more accessible thresholds, but always confirm the current requirement with the issuer — these numbers move.

Why the bar is higher for foreigners

Banks price the risk that a cardholder leaves the country with a balance outstanding, and foreigners on a work pass can do exactly that. A higher income requirement, and sometimes a shorter credit limit leash, is how issuers manage it. It isn't personal — it's the same logic across almost every bank in Singapore.

The upside: once you've held a card and paid it in full for a while, you're building a local credit history with the Credit Bureau Singapore, which makes every later application — cards, car loans, even some rentals — easier.

If you don't meet the threshold yet

You still have options. Some banks offer secured cards backed by a fixed deposit, which sidestep the income requirement entirely. For foreign-currency spending, a multi-currency account with a debit card covers most day-to-day needs without a credit line. And if your income is close to a threshold, waiting for your next increment often beats applying early — a failed application still adds an enquiry to your Credit Bureau Singapore file, and several enquiries in a short window can make lenders cautious.

Frequently asked questions

What income do foreigners need for a Singapore credit card?
It varies by card. Commonly around S$40,000–45,000, but some (e.g. Standard Chartered) require up to S$90,000. You'll also generally need a valid Employment Pass. Always confirm with the issuer.
Can foreigners get a no-annual-fee card?
Yes, but eligibility still depends on meeting the income and work-pass requirements. Check each card's current terms.
Can S Pass holders get a credit card in Singapore?
It depends on the bank. Many issuers require an Employment Pass, while some consider S Pass holders with sufficient income. Check the specific card's eligibility terms or ask the bank directly before applying.
What happens to my credit card if I leave Singapore?
Tell your bank before you go, settle the full balance, and formally cancel the card — don't just stop using it, since annual fees can keep billing. An unpaid balance can follow you through collections and hurt any future return to Singapore.