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The 3 Best Singapore Credit Cards For 40+ Year Old Singaporeans

October 23, 2017

Too many credit cards are targeted towards the youth of today, with party privileges and online shopping discounts, but what cards are best for those of you who are 40 and over, with a family and kids? Read below to find out more!

For All Your Travel Needs

American Express Singapore Airlines Krisflyer Credit Card

The best travel credit card for anyone above 40, with a great miles earn rate and low annual income requirement, anyone can start earning miles today! The American Express Singapore Airlines Krisflyer Card comes with a bunch of features that will help you save on travel!


  • Get up to 15,250 Krisflyer Miles when you sign up and spend
    (5,000 Krisflyer Miles on first spend + 7,500 Krisflyer Miles when you spend $2,500 in the first 3 months + 2,750 Krisflyer Miles based on 1.1 Miles/$1 spent and $2,500 spent in the first 3 months)
  • Up to S$350,000 FREE Travel Inconvenience & Travel Accident Benefits when you purchase your plane tickets using your American Express Singapore Airlines Krisflyer Credit Card
  • Up to 51 Days Interest Free On Purchases Through This Card
  • Emergency Card Replacement within one business day virtually anywhere in the world
  • Earn 2 Krisflyer Miles/ S$1 Spent Overseas or at singaporeair.com, silkair.com
  • Earn 1.1 Krisflyer Miles/ S$1 Spent Locally
  • First year fee waiver
  • Low annual income requirement of $30,000 only


  • You can earn higher mile rates if you have higher income, with cards such as the Standard Chartered Visa Signature Card, Citibank Premier Miles Card or DBS Altitude

For Dining

Citi Cash Back Credit Card

One of the best cards for dining in Singapore for anyone above 40, the Citi Cash Back Credit Card it has a great cashback rate on dining at 8%, dining priviledges at 151 dining outlets and great tie-ups with food delivery companies like FoodPanda, Deliveroo and UberEats! With a low annual income requirement you and your family can enjoy a nice meal at home or outside with great dining rebates and discounts!


  • Get up to 8% Cashback On Dining at all restaurants cafes and bars worldwide, Groceries And Grab Rides
  • With Dining Privileges At Up To 151 Locations, enjoy discounts ranging from 20% Off To $50 Return Vouchers And 1 For 1 Deals
  • Up to 20% cashback on UberEats Orders with Free Delivery For Your First 3 Orders
  • Up to 25% Off FoodPanda Orders For New Customers (With Minimum Orders Of $35)
  • Get 3 Free Deliveries For New Deliveroo Customers
  • $20 Off At Redmart (With Minimum Spend Of $100)(For New RedMart Customers)
  • Earn Up to 2% Additional Rebate On Top Of Other Card Benefits At 300 Additional Locations Including Sheng Shiong Supermarket, Starbucks And Bee Cheng Hiang
  • Free Travel Insurance When You Charge Your Travel Tickets To Your Citi Cash back Card
  • First year fee waiver
  • Low annual income requirement of $30,000 only



  • There is a $25 Cashback cap on spend for Dining, Groceries and Grab Rides

For Everything Else

The Bank Of China Family Card

The best cashback card for anyone in this age group and the one card you’ve probably heard nothing about, since it isn’t always actively promoted. The Bank Of China Family Card is undoubtedly one of the best cashback cards around and to my mind it’s the best cashback card for anyone above 40.


  • 7% Cashback on everyday dining, in Singapore and overseas!
  • 5% Cashback on spending at Supermarkets!
  • 5% Cashback on Hospital Bills, Unity Pharmacy and Watsons!
  • First year fee waiver
  • Low annual income requirement of $30,000 only



  • Cashback is capped at $100 per billing cycle (Which should be a month) Note that in order to hit that $100 Cashback limit you can spend up to $1,400+ on everyday dining or $2,000 on spending at supermarkets, hospital bills, Unity Pharmacy and Watsons


Other Alternative Cashback Cards You Can Consider

Standard Chartered Unlimited Cashback Card

Enjoy up to $138 Cashback And 20% Uber Cashback When You Sign Up And 1.5% Cashback On All Eligible Spending Without Cap!

American Express Singapore Airlines True Cashback Card

Enjoy Unlimited 1.5% And Other Cashback Deals With The American Express Singapore Airlines True Cashback Card


About EasyRates

EasyRates is Singapore’s preferred portal for home loans, refinancing, equity loans, overseas loans, personal and business loans, having long standing partnerships with more than 20 banks. Our experienced consultants are advocates for our customers and work hard to ensure you get the best packages available. The best part? Our services are 100% free of charge. Here at EasyRates we pride ourselves on providing unbiased advice on all loans and financial products and putting our customers above all else. So what are you waiting for? Get a FREE Mortgage consultation today!

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Wayne Quek

Wayne is a Chartered Financial Analyst (CFA), and holds a Bachelor of Business Management (Finance) from Singapore Management University (SMU). A successful Relationship Manager during his time with DBS and HSBC, Wayne used his expertise in financial markets to help his clients build up comprehensive investment portfolios. The entrepreneur is also the founder of Home Loan Whiz, a mortgage consulting firm that assists clients with selecting ideal mortgages for their needs.

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