The minimum annual income requirement for credit cards in Singapore usually starts at $30,000, though there are exceptions, depending on factors such as your age and the type of credit card you are applying for. Depending on your income, the maximum unsecured credit limit extended to you is either 4 or 2 times your monthly income.

To apply for some credit cards you only need to make $30,000 annually while others may require you earn a minimum annual income of $50,000 or even $120,000. Checking if you meet the minimum annual income requirement for the credit card you are eyeing is definitely something you should check if you want to raise your chances of getting the card you have in mind.

With the exception of student credit cards and micro-credit cards that come with a meagre credit limit of $500, most credit cards in Singapore require you to have the minimum annual income criteria associated with the cards, though there could be times the banks offer you cards on their own accord, regardless of whether you meet the minimum annual income requirements or not. As a general rule of thumb, the more exclusive and rewarding a card is, the higher the annual fee and the higher the minimum annual income requirement.

While the more atas and exclusive credit cards typically offer better benefits and perks, that doesn't mean that credit cards that average earners in Singapore can get their hands on are not rewarding. Check out GET.com's picks below for some of the most rewarding credit cards that come with a minimum annual income requirement of $30,000.

Tip: To make sure you milk the most out of your card, make it a point to pay your credit card bills punctually in full every month so you don't have to deal with hefty interest charges and fees. Credit cards can help you save money if you use them right!

5 Most Rewarding Credit Cards For Average Earners

Credit CardFeaturesIntro Interest p.a.Standard Interest p.a.Annual FeeMinimum IncomeWe least likeRelated links
The American Express<sup>®</sup> True Cashback Card

The American Express® True Cashback Card

APPLY NOWAt American Express' secure website
  • Up to S$60 CapitaVouchers with 1st spend in 1st month of Card Membership. Prospects - $60 voucher. Companion / Conversion: $30 voucher. Offer valid from 3 Jan 2019 - 31 March 2019.
  • American Express Selects gives you exclusive dining privileges all around the world, all year round.
  • As an introductory offer you will enjoy 3% Cashback on up to a total of $5,000 spend for the first 6 months plus a fee waiver for the first year.
APPLY NOWAt American Express' secure website
24.99% p.a.S$171.20 (inclusive of GST) First Year Fee WaiverFor Singapore Citizens and Residents, you have earnings which provide an income of over $30,000 p.a.
Standard Chartered Spree Credit Card

Standard Chartered Spree Credit Card

APPLY NOWAt Standard Chartered's secure website
  • Apply now to get S$100 cashback or S$150 in Prime Now Credits. Available 1 September 2018 to 31 January 2019, if you are a new credit cardholder. Plus, up to an additional S$100 when you spend on your new card. Available from 3 October 2018 to 14 February 2019, terms and conditions apply.
  • Up to $60 cashback monthly, no min spend.
  • 3% cashback on online transactions in foreign currency and vPost transactions
APPLY NOWAt Standard Chartered's secure website
Get cash at 0%* p.a. interest for 6 months at a 1.99% processing fee (EIR from 4.12% p.a.) on the approved loan amount when you transfer funds from your Standard Chartered Credit Card. Visit on.sc/funds-transfer. T&Cs apply. With Funds Transfer, you can (i) transfer funds into any bank's current or savings account; (ii) pay your credit card bills from other banks; and (iii) pay your loan from other banks.25.9% per annum$192.60 including GST (waived for first 2 years)S$30,000 p.a. (Singaporeans and PR), S$60,000 p.a. (Foreigners with Employment Passes)
We least like
  • The maximum Cashback awarded for any month is capped at S$60 per SingPost Spree Card account.
Citi Cash Back Card

Citi Cash Back Card

APPLY NOWAt Citibank's secure website
  • Welcome gift: $120 cash back when you spend S$1,200 in the first 3 months.
  • Petrol: Up to 20.88% fuel savings at Esso & Shell, and 8% cash back at petrol stations worldwide.
  • Dining: 8% cash back at restaurants, cafés, bars worldwide daily.
APPLY NOWAt Citibank's secure website
Transfer your outstanding balances on any other bank's credit card or credit line to Citibank at 0% nominal interest rate for 3/6/12 months with upfront service fee from 1.58%. Eligible for new Citibank customers who apply for Citibank Ready Credit account with minimum $500 loan.26% per annum$192.60 (first year annual fee waiver)For Singaporeans and PRs, minimum annual income of $30,000, for foreigners $42,000.
We least like
  • High cash back rates only if you accumulate a total retail spend of S$888 or more in a statement month.
  • Base cash back rate stands at 0.25%. Additional 7.75% cash back on Dining, Grab, Groceries & Petrol spend is capped at S$25 cash back per category per statement month.
HSBC Visa Platinum Credit Card

HSBC Visa Platinum Credit Card

APPLY NOWAt HSBC's secure website
  • Welcome gift for new cardholder: Samsonite Astra 55cm luggage worth S$350 or S$100 cash back (Must not hold any existing Card*; Did not cancel any Card within last 12 months*; and Charge a minimum of S$600 in Qualifying Transactions within a month of Card Account Opening Date.) | Welcome gift for existing cardholder: S$50 cash back ( Existing Card must be issued more than 24 months earlier*; Did not cancel any Card within last 12 months*; and Charge a minimum of S$600 in Qualifying Transactions within a month of Card Account Opening Date.).
  • Up to 5% cash rebates on groceries.
  • Up to 5% cash rebates on petrol.
APPLY NOWAt HSBC's secure website
2.50% p.a. for 6 months on balance transfers or 4.88% p.a. for 12 months on balance transfers both with a processing fee of $8825.9%$180 (First 2 years waiver)S$30,000 for Singaporeans and Permanent Residents. S$40,000 for self-employed and foreigners.
Maybank Family & Friends Card

Maybank Family & Friends Card

APPLY NOWAt Maybank's secure website
  • New Cardholders automatically receive a $50 cash credit upon signing up for the card.
  • Earn 8% cash rebates on groceries, transport and selected merchants with min. S$1,000 spend per calendar month.
  • Otherwise, earn 5% cash rebates at the same merchants with min. S$500 spend per calendar month.
APPLY NOWAt Maybank's secure website
24% p.a.S$180S$30,000 for Singapore Citizen or Singapore Permanent Resident
We least like
  • 24% interest per annum for purchases.