The Best Premium Credit Cards For May 2025

Rewards breakdown

1.5% Cashback on local spend, or 1.5 miles per dollar

2.2% Cashback on overseas spend, or 2.2 miles per dollar

Card details

• 1.5 miles or 1.5% cashback per S$1 spent locally, such as groceries, shopping and more.

• 2.2 miles or 2.2% cashback per S$1 spent on overseas purchases in foreign currency.

• Receive 25,000 bonus miles when you pay the annual fee of S$550 (exclusive of GST) to renew your membership.

• Complimentary Accor Plus Explorer membership with 1 free hotel night stay at Sofitel, Fairmont, Swissotel and over 1000 hotels worldwide.

• Complimentary Digital Priority Pass™ Membership and 10 free lounge visits to over 1,300 airport lounges worldwide within each 12-month period of membership.

• Members-only dining privileges at over 80 of Singapore’s fine dining establishments, including Michelin-awarded restaurants.

• Annual fee of S$588.50 (inclusive of GST) is non-waivable for the first year.

• Miles are awarded in the form of DBS Points which are awarded for every S$5 spent.

• Each conversion of DBS Points to miles will be subjected to an administrative fee of S$25 (exclusive of GST).

SingSaver's take

The DBS Vantage Visa Infinite Card is designed for those seeking a premium lifestyle experience, offering a blend of travel and dining privileges. Its complimentary Accor Plus Explorer and Digital Priority Pass™ memberships elevate your travel experiences, while the members-only dining privileges at fine dining establishments, including Michelin-awarded restaurants, cater to discerning palates. The card’s rewards programme offers flexibility with both cashback and miles options.

Read our review

Rewards breakdown

1.25x Miles per dollar on local spend

2.25x Miles per dollar on overseas spend

Card details

• Borrow up to 90% of your available credit limit, enjoy interest rates as low as 2.6% p.a., and get flexible payment terms up to 60 months when you apply with promo code CIPSS. T&Cs apply.

• Base earn rates of 1 mile per S$1 on local spend and 2 miles per S$1 in foreign spend.

• Step Up earn rates of 1.25 miles per S$1 on local spend and 2.25 miles per S$1 in foreign spend with min. S$50,000 eligible purchases within first 12 months of card issuance date.

• Regular cardholders: 2x complimentary expedited immigration clearance per calendar year, thereafter min. S$2,000 eligible spend in a calendar month to qualify.

• Regular cardholders: 2x complimentary airport limousine service per calendar year, thereafter min. S$2,000 eligible spend in a calendar month to qualify (capped at 24 usages per calendar year).

• HSBC Premier customers: 4x complimentary expedited immigration clearance and airport limousine service each per calendar year.

• Unlimited airport lounge access for primary and supplementary cardholders.

• Up to US$2 million complimentary travel insurance coverage (including up to US$100,000 for COVID-19).

• Complimentary concierge services for travel, golfing, dining, shopping, and business assistance.

• Exclusive discounts on retail, dining, hotel stays, and more offers.

• US$35 per guest per visit for airport lounge access.

• HSBC Rewards Points expire after 37 months.

• S$43.20 annual Mileage Programme fee (convert points into KrisFlyer and/or Asia Miles).

• Expensive annual fee of S$656.08 for everyone, but S$492.56 annual fee reserved for HSBC Premier customers only.

SingSaver's take

The HSBC Visa Infinite Credit Card is tailored for the discerning traveller, offering a suite of premium travel privileges. Its generous complimentary concierge services, expedited immigration clearance, and airport limousine service provide a seamless and luxurious travel experience. Unlimited airport lounge access and comprehensive travel insurance further enhance its appeal for frequent and high-value travellers.

Read our review

Rewards breakdown

6x Miles per dollar for 2 chosen rewards categories

0.4x Miles per dollar for all other spend

Card details

• 15X UNI$ for every S$5 spent (equivalent to 6 miles per S$1) on 2 of your preferred rewards categories

• UNI$1 per S$5 spent (equivalent to 0.4 miles per S$1) on other purchases.

• Complimentary travel insurance coverage of up to US$100,000

• Complimentary e-commerce protection

• 0% LuxePay

• S$120,000 annual income

• S$410.40 annual fee

• S$5 earning blocks for miles

• Automatic UNI$ deductions

SingSaver's take

The UOB Lady's Solitaire Card is specifically crafted for the discerning shopper, offering an enhanced earn rate on up to two chosen categories, including Fashion and Beauty & Wellness. This card stands out with its LuxePay feature, providing 0% interest instalment plans for luxury purchases, and complimentary e-commerce protection for secure online shopping. It's a compelling choice for those seeking to maximise rewards on their high-end shopping experiences.

Read our review

Rewards breakdown

10x Reward points per dollar spend with 10x celebrator merchants

2x Reward points per dollar spend for all other spend

50% Savings on select hotels and restaurants island-wide with Love Dining by Platinum

Card details

• Enjoy up to S$200 statement credits that can be used at trending restaurants or fashion brands.

• Enjoy up to 50% savings at a curated selection of hotels and restaurants island-wide with Love Dining by Platinum.

• Enjoy 1-for-1 first drink and complimentary drinks at some of the most bespoke bars in Singapore with Chillax by Platinum.

• Earn 2 Membership Rewards® Points for every S$1.60 spent.

• Earn 10 Membership Rewards® Points for every full S$1.60 spent with 10Xcelerator Partners.

• Membership Rewards® Points never expire.

• Permanent waiver of miles transfer fee (worth S$40).

• Annual fee: S$327 (inclusive of GST) must be paid to enjoy welcome offers.

• Please refer to the American Express website for the most up to date information on card benefits and its terms & conditions.

SingSaver's take

The American Express® Platinum Credit Card is tailored for those who appreciate fine dining, offering up to 50% savings through the Love Dining by Platinum programme. Its exclusive benefits, including statement credits for trending restaurants and bespoke bar experiences with Chillax by Platinum, create a premium dining lifestyle. The card's generous rewards programme, with points that never expire and a permanent miles transfer fee waiver, adds to its allure for discerning cardholders.

Rewards breakdown

20x Points per dollar on select 10Xcelebrator merchants

5x Points per dollar with SIA and Scoot

Card details

• Up to S$1,354 worth of travel, dining, and lifestyle credits inclusive of S$200 airline credits, S$400 global dining credits, S$400 lifestyle credits, S$204 entertainment credits, and S$150 fashion credits.

• Indulge In Fine Hotels + Resorts Benefits Worth S$800.

• Complimentary access for you, a supplementary cardholder and one guest each to 1,400 Lounges such as The Centurion Lounge, Priority Pass, International American Express Lounges.

• Gain instant status to higher tiers of leading hotel loyalty programs.

• Complimentary Access into Tower Club.

• Membership Rewards Points never expire.

• Up to 50% savings at premium dining locations with Love Dining by Platinum.

• Enjoy S$400 every year to use at over 1,400 curated restaurants locally and around the world.

• Annual fee: S$1,744 (inclusive of GST).

• Please refer to the American Express website for the most up to date information on card benefits and its terms & conditions.

SingSaver's take

The American Express® Platinum Charge Card, while technically a charge card (requiring full balance repayment each month) rather than a traditional credit card, is included here due to its unparalleled access to bespoke luxury privileges. Its highly personalised service and curated network of luxury partners across travel, dining, and lifestyle provide a unique and elevated experience. The comprehensive travel and lifestyle credits, along with exclusive access to premium lounges and hotels, make it a compelling choice for those seeking a truly bespoke and premium card.

Read our review

Editors’ pick of the best premium cards

Before you apply, it’s essential to confirm the details of the card on the issuer’s website.

DBS Vantage Visa Infinite Card

Our pick for: Overall well-rounded premium card
The DBS Vantage Visa Infinite Card presents a balanced premium experience for Singaporeans. It combines elevated travel comforts, such as lounge access and hotel perks, with a flexible rewards programme that allows users to choose between miles and cashback. This card is a solid choice for those who want a taste of luxury without focusing solely on one area.

Read our full review.

HSBC Visa Infinite Credit Card

Our pick for: Travel perks
For the Singaporean traveller seeking an elevated journey, the HSBC Visa Infinite Credit Card delivers a range of premium travel benefits. Its generous complimentary concierge services, expedited immigration clearance, and airport limousine service enhance the travel experience, coupled with unlimited airport lounge access and comprehensive travel insurance. This card is ideal for those who prioritise a seamless and luxurious travel experience. Read our full review.

UOB Lady's Solitaire Card

Our pick for: High-end retail
This card caters to the discerning shopper in Singapore, particularly those interested in fashion and beauty. The UOB Lady's Solitaire Card enhances the luxury shopping experience with features like 0% interest instalment plans and e-commerce protection. It's a compelling choice for those who want to maximise rewards on high-end retail purchases and enjoy tailored shopping benefits. Read our full review.

The American Express® Platinum Credit Card

Our pick for: Luxury dining
For those who appreciate the finer side of dining in Singapore, the American Express® Platinum Credit Card provides access to a world of culinary experiences. The Love Dining by Platinum programme offers significant savings at select restaurants, and the card's other premium perks complement a lifestyle that includes fine dining and exclusive bar experiences.

American Express®  Platinum Charge Card

Our pick for: Bespoke luxury privileges
The American Express Platinum Charge Card offers a truly unique and highly personalised experience in Singapore's premium card market. While technically a charge card, its bespoke concierge services, access to global events, and curated network of luxury partners cater to a select clientele who demand the highest level of individualised attention and exclusive access. Read our full review.

How to choose the best premium credit card

If your current credit card isn't delivering the value you expect, consider upgrading to a premium credit card. These cards offer a wide array of benefits and perks designed to elevate your lifestyle, encompassing everything from exclusive travel privileges and fine dining experiences to luxury shopping opportunities and personalised concierge services. While they typically come with higher annual fees, the potential rewards and benefits can significantly outweigh the costs for those who appreciate a more refined and rewarding financial experience.

It's essential to carefully consider factors like the annual fee in relation to the benefits offered. Determine if the exclusive privileges, such as airport lounge access, complimentary travel insurance, or dining discounts, justify the cost for your spending habits and lifestyle. Also, analyse the rewards program and whether cashback, miles, or points align with your priorities. Ultimately, choose a premium card that complements your lifestyle, prioritising the specific benefits that are most valuable to you.

What exactly is a premium credit card?

There's no official definition of a premium credit card. However, "premium" generally means a card comes with valuable benefits, such as airport lounge access, travel insurance, concierge services and high credit limits. Some premium cards are also by-invite only, adding to their exclusivity.

One thing premium credit cards do have in common is high annual fees. Some of the popular premium cards in Singapore include:

• Citi Prestige Card

• DBS Vantage Visa Infinite Card

• CIMB Visa Infinite Card

• American Express Platinum Credit Card

• HSBC Visa Infinite Credit Card

Premium credit cards might not be for you if…

A high annual fee gives you pause

Premium credit cards often come with high annual fees, typically several hundred dollars. While the rewards and benefits can be substantial, it's crucial to evaluate whether they outweigh the cost. If the annual fee strains your budget, a premium card might not be the best fit.

You need ultimate spending flexibility

Premium credit cards in Singapore, while offering enticing perks, sometimes prioritise specific spending categories or reward redemption options, which can potentially limit your flexibility. If you prefer to maximise rewards across a wide range of spending without restrictions, or if you value the freedom to choose how you redeem your rewards (cashback, miles, etc.) across various lifestyle needs, a premium card with narrow benefits might not be ideal. Weigh the value of specialised perks against the freedom to use your rewards as you see fit, considering cards that offer greater versatility in how you earn and spend.

You can't commit to paying your balance in full each month

Premium credit cards usually have high interest rates. If you tend to carry a balance, the interest charges can quickly erode the value of any rewards earned. It's essential to ensure you can consistently pay your balance in full to avoid incurring high interest costs, or to instead consider low-interest credit card options.

How to know which premium credit card is best for you

Choosing the right premium credit card in Singapore can feel overwhelming, given the multitude of options available. Unlike accumulating multiple entry-level credit cards, premium cards require careful consideration due to their significant annual fees and specialised benefits.

To make the best decision, prioritise the benefits that align most closely with your lifestyle and spending routines. Consider factors like annual fees, reward programmes (miles, cashback, or points), and whether you value travel perks (lounge access, insurance), dining rewards, luxury shopping privileges, or exclusive access to certain memberships or events. By carefully evaluating these aspects and comparing cards based on your individual needs, you can select the premium credit card that best complements your lifestyle and financial goals.

>> More: Compare store credit cards instead

If you value exclusive experiences

Some premium credit cards in Singapore focus on providing access to exclusive events, experiences, and services. If you frequently attend fine dining establishments, seek access to concerts, shows, or private shopping events, these cards can offer valuable perks.

The following credit cards in Singapore can enhance your lifestyle with exclusive access and curated experiences:

• The American Express® Platinum Credit Card: This card offers access to fine dining savings with Love Dining by Platinum, and exclusive bar experiences with Chillax by Platinum.

• The American Express® Platinum Charge Card: This card provides access to a global network of luxury partners and specialists, including invitations to private shopping experiences and luxury brand previews, and exclusive access to global events, including fashion shows and art exhibitions.

• Citi Prestige Card: This card offers exclusive pre-sale access to some concerts, shows, and events, alongside complimentary golf experiences.

If you prioritise rewards flexibility

Many premium credit cards in Singapore offer flexible rewards programmes, allowing you to redeem points or miles for various options, such as travel, dining, shopping, or cashback. If you prefer to have the freedom to choose how you use your rewards, a card with a versatile rewards programme might be a better fit.

You're likely to prioritise rewards flexibility if:

• You want to maximise your rewards across diverse spending categories.

• You prefer a range of redemption options to suit your changing needs.

• You value the ability to choose between miles, cashback, or other rewards.

If this sounds like you, a premium credit card with broader rewards and redemption options might be a better choice than a card tied to a single purpose.

• DBS Vantage Visa Infinite Card: This card offers flexibility with both cashback and miles options.

• HSBC Revolution Credit Card: This card has a flexible rewards system, allowing conversion to cashback, miles, or points.

Additional perks to consider in premium credit cards

Beyond the core rewards and benefits, premium credit cards in Singapore often offer a range of additional perks that can significantly enhance the cardholder experience. When selecting a top-tier credit card, it's crucial to weigh these supplementary features to ensure they align with your individual needs and preferences. Since the hobby of many Singaporeans is to travel overseas, we’ve chosen to focus on some travel perks that you might want to keep an eye out for when selecting your premium credit card:

Access to airport lounges

Are you the type who rushes to the gate at the last minute, or do you prefer arriving early to relax with a coffee before your flight? If you’re the latter, lounge access might be a priority.  

Several premium credit cards in Singapore offer varying degrees of lounge access, and the ideal choice depends on your preferred lounges and travel frequency. Here are some examples:

• Citi ULTIMA Card: Provides access to airport lounges worldwide via Priority Pass™.

• DBS Insignia Visa Infinite Card: Offers unlimited access to airport lounges worldwide.

• HSBC Visa Infinite Credit Card: Provides unlimited airport lounge access for primary and supplementary cardholders.

• The American Express® Platinum Credit Card: Offers access to a global network of airport lounges, including access to American Express Lounges and Priority Pass.

• The American Express® Platinum Charge Card: Provides complimentary access to 1,400 lounges, including The Centurion Lounge, Priority Pass, and International American Express Lounges.

• UOB Visa Infinite Metal Card: Offers airport lounge access via Priority Pass.

Terms and conditions apply.

Expedited immigration and security

Expedited immigration and security programmes, such as priority lanes, offer a seamless passage through airport checkpoints, minimizing wait times and maximizing your valuable travel time. These exclusive programmes, often a privilege associated with select premium credit cards in the Singaporean market, cater to discerning travellers who value efficiency and convenience.

• HSBC Visa Infinite Credit Card: 

• Regular cardholders get 2x complimentary expedited immigration clearance per calendar year, thereafter min. S$2,000 eligible spend in a calendar month to qualify. 

• HSBC Premier customers get 4x complimentary expedited immigration clearance and airport limousine service each per calendar year.   

Benefits on trip insurance

Certain premium credit cards — including several featured here — include complimentary travel insurance when you use them to pay for travel expenditures.

The extent of protection varies across cards. Based on your required coverage and acceptable customisation limitations, you might find your credit card's insurance adequate, eliminating the need for a separate policy from a dedicated travel insurance provider.

The following travel cards also provide some form of trip insurance:

• Citi Rewards Card: Up to S$1,000,000 coverage with HL Assurance

• UOB Lady's Solitaire Card: Up to US$100,000 coverage with AIG

• UOB PRVI Miles Card: S$500,000 coverage with UOI

• Maybank Horizon Visa Signature Card: Up to S$1,000,000 coverage with Etiqa

• CIMB Visa Signature Card: Up to S$500,000 coverage with Sompo

Terms and conditions apply.

Overseas car rental perks

Some premium credit cards in Singapore go beyond basic rental insurance, offering a range of perks that can enhance your car rental experience overseas. These perks can include discounts, upgrades, and other benefits that add value to your rental.

Some cards offer perks like:

• Discounted rates: Reduced rental fees with specific car rental companies.

• Complimentary upgrades: Potential for free upgrades to a higher car class.

• Priority service: Expedited pick-up and drop-off processes.

• Bonus rewards: Earn extra points or miles on car rental spending.

It's important to note that the availability and extent of these perks vary significantly between card issuers and car rental companies.

Here are some cards that may offer car rental perks:

• UOB Absolute Cashback Card: Up to 20% off in Singapore and participating locations worldwide with Budget car rental.

• Citi Prestige Card: 10% off participating locations worldwide with Hertz, and up to 35% off participating locations with AVIS.

• American Express Singapore Airlines Business Credit Card: 10% off standard rates with Hertz, and one car class upgrade on rentals of five consecutive days or more. 

Terms and conditions apply.

Summing up

Choosing a premium credit card in Singapore is about more than just rewards; it's about selecting a financial tool that elevates your lifestyle. The ideal card isn't a one-size-fits-all solution, but rather a personalised choice that aligns with your individual priorities.

Before committing to a card with a substantial annual fee, carefully consider your core needs. Are you seeking seamless travel experiences, exclusive access to events, or enhanced purchasing power? Weigh the value of these privileges against your typical spending patterns. A thoughtful assessment of your lifestyle will guide you towards the premium card that best complements your aspirations and financial goals, allowing you to unlock a world of curated benefits in Singapore and beyond.