Best Credit Cards in Your 60s
In your 60s the best card is usually a simple, no-fuss one with no annual fee to justify. Eligibility is the real question once employment income stops: many cards still need a minimum income, so retirees often qualify through a card secured against a fixed deposit, or as a supplementary cardholder on a family member's account.
- 1Cashback
Why it fits: Everyday cashback with a lower income requirement for older applicants.
Annual fee S$196.20 · Min income S$30,000
Pros
- +Strong everyday cashback: 5% dining/food delivery, 3% groceries
- +Up to 6% cashback on petrol
- +Annual fee waived first 2 years, then on S$10k yearly spend
- +Cashback covers food delivery, not only dine-in
Cons
- −Needs roughly S$800/mo spend to earn bonus cashback
- −Monthly cashback cap limits how much you can earn
- −S$196.20 annual fee if yearly spend stays under S$10k
- 2Cashback
Trust Cashback Credit Card
Trust Bank
Why it fits: No annual fee and fully app-managed, simple to run in retirement.
No annual fee · Min income S$30,000
Pros
- +No annual fee
- +Up to 15% cashback on 1 self-picked category per quarter
- +Fully managed in-app, no paperwork
- +Visa, widely accepted at home and abroad
Cons
- −15% rate needs ~S$2,000/mo spend, caps ~S$250/quarter
- −Only 1 preferred category; just 1% local / 0.5% foreign base
- −Foreign-spend cashback was cut in Mar 2026
- 3Cashback
Standard Chartered Simply Cash Credit Card
Standard Chartered
Why it fits: Uncapped flat cashback with nothing to track.
Annual fee S$196.20 · Min income S$30,000
Pros
- +1.5% flat cashback on all spend, no categories to track
- +Cashback is uncapped, no monthly limit
- +No minimum spend needed to earn rewards
- +Simple and beginner-friendly
Cons
- −Not free for life: S$196.20 annual fee after first year
- −Flat 1.5% is low vs category cards' higher tiered rates
- 4Cashback
UOB One Card
UOB
Why it fits: Reliable cashback for steady household spending.
Annual fee S$196.20 · Min income S$30,000
Pros
- +Up to 20% cashback on dining, groceries, transport, online
- +~10% cashback on the ongoing standard tier
- +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
- −Headline 20% is spend-tiered + partly a new-customer boost
Frequently asked questions
- Can I get a credit card in Singapore after I retire?
- Yes, but eligibility changes once you no longer draw a salary. Some cards lower the income bar for older applicants, and where you cannot meet an income requirement, a card secured against a fixed deposit or a supplementary card on a relative's account is the usual route. Confirm the options with the issuer.
- What's the best low-maintenance card for a retiree?
- A genuinely no-annual-fee card with simple, flat rewards and no minimum spend to chase. That keeps costs at zero and avoids the effort of tracking bonus categories.