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Cards for Recurring Bill | Credit Cards to Pay Recurring Bills in Singapore

Credit Cards | Singapore
by Priyadarshini 4 June 2023

In Singapore, life consists primarily of eating, sleeping, working, paying bills, and repeating. But did you know that you can use your credit card to pay for many things like phone bills, medical, and utility bills and earn cashback? This allows you to take advantage of the cashback benefits offered by credit cards. In most cases, you will need to sign up for a recurring bill payment standing instruction. But this is simple to do through internet banking or the website of your credit card. In this blog, we tell you about credit cards for recurring bill payments in Singapore.

Let’s take a look at the best cashback credit cards for bill payments in Singapore:

OCBC 365 Card

The OCBC 365 credit card is another all-in-one credit card to consider, especially if you have bank accounts with OCBC. With a rather high minimum spending requirement of $800, it is more suitable for breadwinners who are responsible for the entire household. All telco and electricity bills are eligible for the advertised 3% rebate. It also provides rebates on other everyday necessities, similar to the Maybank Family & Friends Card. You will get a 3% off on groceries, public transportation, and Grab. Additionally, you are offered 6% on dining; and 5% on petrol station transactions.

Maybank Platinum Visa Card

The Maybank Platinum Visa Card offers a flat quarterly payout of $30 as opposed to the UOB One’s $50 when you spend $300 each month. The rebate is easier to obtain because the minimum spending requirements have been relaxed. This is a good option for those with lower monthly recurring expenses or if you charge one of your bills to a different card. There are still some exceptions, such as payments to government institutions, AXS, or SAM transactions. And even mobile wallet top-ups. However, Maybank’s terms and conditions are a little more lenient than UOB’s. SO, you can opt for this credit card for recurring bill payments in Singapore.

Maybank Family & Friends Card

If you do not have $300 or $500 in bills to charge on a single credit card, you may want to consider an all-in-one cashback card for all of your unavoidable expenses. The Maybank Family & Friends Card is currently one of the best all-rounders. Spend $800 per month on the credit card to receive an 8% rebate on your telco bills and paid TV subscriptions (e.g., cable, Netflix, Disney+). Although there are no rebates on utilities or town council bills, the card more than compensates with rebates on gasoline, public transportation, groceries, and dining.

UOB One Card

The premise of the UOB One Card appears straightforward: Spend $500 (or $1,000 or $2,000) every month for three months and you’ll receive a $50 (or $100 or $300) rebate at the end of the quarter. You can check UOB’s terms and conditions to ensure that your bills are not on the list of exclusions. Payments to government institutions, charitable or religious organizations, educational institutions, and insurance premiums are just a few examples.

Also, any bill payments made through the AXS/SAM machine or website will not be counted towards eligible spending. However, if you consolidate all of your other bills on this card, the $500 minimum spend may still be achievable. The monthly spending includes phone bills, electricity, subscriptions, and public transportation. In addition, make at least five transactions per month with this card.

UOB Absolute Cashback Card

The UOB Absolute Cashback card appears to be a competitor to the UOB One Card. This card offers an uncapped cashback of 1.7% with few exclusions and no minimum spend. NETS transactions, instalment payment plans, and personal loans are among the few exclusions. Nonetheless, the list of exclusions for the UOB Absolute Cashback card is significantly shorter than that of some of the other cards.

This cashback card is issued by American Express rather than Visa or MasterCard. If you can charge your expenses to Amex-accepting merchants, this is by far one of the best cards to have. With a choice of the above-mentioned cards, you can use get a credit card for recurring bill payments here in Singapore.

Credit card Singapore

Tags:
bill payment
cashback
cashback credit cards
credit cards
rebates
recurring bills
Singapore
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