The banks in Singapore offer MasterCards and Visa cards. The non- banking credit cards include Diners Club, American Express, and JCB cards. Bank credit cards are more easily available from account holding banks. Acquiring credit cards from non-account holding banks is tougher and unnecessary.
Most Popular in Singapore Credit Cards on EconomyWatch:
Singapore credit cards often come with multiple benefits. These benefits vary from one card category to another and from one card company to the next one. Facilities like waiver of yearly fees, accumulation of points on every purchase, and free insurance are offered to card holders.
The factors determining the selection of credit cards in Singapore are their convenience of usage and flexibility. Women in Singapore are motivated by the promotional aspect of debit cards, whereas men are driven by the economic aspect. The better educated, elderly, high income earners, professionals and married males prefer to use credit cards because of convenience factor. Credit card ownership is directly proportional to an individual income, education, age group, and marital status.
Some of the renowned banks issuing credit cards are:
1. Citibank - Citibank issues Citi Platinum Visa and MasterCard, Citi Clear Platinum card, Citi TANGS Platinum Visa card, and Citibank Paragon Platinum MasterCard.
2. HSBC Bank - The credit cards issued by Singapore HSBC Bank include HSBC Platinum Credit Card, HSBC Premier MasterCard, and Gold Visa/ MasterCard.
3. DBS Bank Limited - The exhaustive list of DBS Bank credit cards include DBS Visa Platinum card, DBS Platinum card, DBS SAAB Platinum card, DBS NUSS Visa Platinum card, DBS Esso Platinum MasterCard, DBS Altitude American Express card, DBS American Express credit card, DBS Visa/ MasterCard, DBS woman’s card, Takashimaya Platinum American Express card, Takashimaya Visa card, BHG Visa Platinum card, and Capita Card Visa Platinum credit card.
4. Oversea-Chinese Banking Corporation Ltd. (OCBC Ltd.) - The credit cards issued by OCBC Ltd comprise OCBC Platinum MasterCard, OCBC Visa/ MasterCard, OCBC-NTU Visa Gold card, NTUC Plus, BEST-OCBC Master Card, OCBC Arts Platinum MasterCard, Robinsons Visa Platinum card, Robinsons Visa Platinum Elite card, IKEA friends Visa card, Titanium, and SAFRA Visa card.
5. United Overseas Bank Limited - United Overseas Bank Limited offers UOB Preferred Platinum card, UOB One card, UOB Visa Signature card, UOB Lady’s Platinum card, UOB Lady’s card, UOB JCB Platinum card, SingTel-UOB Visa Platinum card, Metro-UOB Gold card, UOB MasterCard Gold/ Classic card, UOB Visa Gold Smart/ Classic card, UOB ORA Visa credit card, and UOB Tung Lok Visa Platinum card.