Cash Promos: Get Cash Gifts With These Welcome Offers
I’ve shared quite a bit of attractive deals for getting a bunch of miles, but sometimes we just want cold hard cash. The deals here should satisfy those who just want to do the prudent thing and keep cash for a rainy day. Of course, feel free to also pick one of the other gift options if they appeal to you.
Deals below are for new cardholders, usually defined as those who have not owned cards from the bank for the past 12 months. Refer to the terms and conditions when signing up.
Citi SMRT: S$300 cashback or gadgets
Citi SMRT is an excellent cashback card because of how straightforward it is – spend online and get 5% cashback as long as your total spend is at least S$500 in that statement month. The cashback cap of S$600 is also on an annual basis instead of monthly, meaning you can spend as much as S$12,000 at one go to get full 5% cashback on the spend.
You get to choose between SingSaver and signing up directly with Citi. If you want the $300, signing up for the Citi promo should fulfil the gift quicker than going through SingSaver.
Citi SMRT
One of the few high-earn cards with no monthly cap! Gives 5% cashback on online transactions with annual spend cap of S$12,000. Read the review here.
🎁 Citi Promo
New cardholders can get welcome miles, points, or cashback with Citibank welcome offers:
| Card | Welcome Reward |
|---|---|
| Citi SMRT | S$300 cashback |
| Citi Cash Back Citi M1 | S$300 cashback |
| Citi PremierMiles | Up to 30,000 bonus miles |
| Citi Rewards | 40,000 ThankYou Points |
| Citi Cash Back+ | 8% cashback |
| Citi Prestige | Up to 162,500 Citi ThankYou Points |
See terms and conditions on landing page after tapping Citi Promo button. Not stackable with any other promos.
⚡️ SingSaver Promo
Apply as a new Citi cardholder by 31st August 2026 and fill up the SingSaver Rewards Redemption form with your choice of gift:
Not stackable with Citi Promo. Don’t like the gifts? You can choose to top up to get more gift options. Tap Promo 2 button and see landing page for more details.
⚠️ Important Notes
For SingSaver promo:
- Make sure to fill up the SingSaver Rewards Redemption Form or no gift will be given.
- Min. spend of S$500 required.
For reference only; refer to exact details in terms and conditions
StanChart Simply Cash: get S$380 cash or gadgets
StanChart Simply Cash gives an unexciting 1.5% cashback rate, but there’s S$380 or other gadgets to choose from. Over the past year, the bank has even dangled S$500 for new sign ups, though that hasn’t happened in a bit.
Stay subscribed for updates, or you could sign up below since a bird in hand is worth two in the bush, and getting S$380 might be better than waiting forever for a S$500 promo to arrive.
StanChart Simply Cash
Get unlimited 1.5% on non-excluded transactions.
🎁 Promo 1
Use referral code 59642 and apply by 30th June 2026 and get both:
Min. spend of S$800 within 60 days required.
💳 Promo 2
Apply by 30th June 2026 and choose 1² below:
Don’t like the gifts? You can choose to top up for other gadgets.
- Fill up SingSaver Rewards Redemption Form to select your gift – no form = no gift.
- Min. spend of S$800 within 30 days required
- Plus: apply for SCB EasyPay and convert a min. transaction of S$150 with a 12-month tenure within 60 days of card approval to be eligible for reward.
For reference only; refer to exact details in terms and conditions
Amex True Cashback: S$120 cash + boosted 3% cashback
Update: I have just gotten word that Amex True Cashback Promo will be on pause from 1st October 2024 onwards
American Express has been focusing strongly on their miles cards over the past couple of years, and for a long while did not offer promos for their cashback card.
Thankfully, they reintroduced sign-up offers for the Amex True Cashback card earlier this year. The current promo is S$120, which is a drop from the S$150 we saw a couple of months ago. Even earlier this year, it was S$200. Subscribe if you want to get updates for new deals in future.
American Express True Cashback
New Cardholders, choose 1:
- S$120 Shopee Vouchers
- 4 × Apple AirTags (retailing S$149)
Plus: upsized 3% cashback capped at first S$5,000 spend within 6 months from card approval
Spend at least S$500 within first 30 days of card approval. Make sure to fill up SingSaver Rewards Redemption Form.
Latest date to apply: 30th June 2025
1.5% cashback on transactions except Grab top-ups
Maybank Cards: S$200 cash or Samsonite suitcase
Maybank has for quite a long while (maybe 2 years?) been offering S$200 cash for their credit card sign-up promos so this is possibly as good as it gets if you want to pick up a Maybank card. The spend requirement is S$1,300 within the first 2 months of card approval.
Maybank Family and Friends is a strong card, and I will talk more about it soon so stay subscribed for updates.
Maybank Family & Friends
High 8% cashback on 5 of your chosen categories like groceries, telco, and more! Read the review here
New Cardholders
Receive a light weight (3.3kg), expandable and matte scratch-resistant Samsonite RESTACKD Spinner 68/25 EXP (worth S$520) with 2 complimentary packing cubes when you apply for a new Maybank Credit Card (not applicable for Maybank XL Credit Cards) and charge a minimum of S$1,300 within the first two months of card approval.
⚠️ Important Steps
- Apply for the card with link provided (you may need to turn off content blockers)
- Make S$1,300 in qualifying spend in the first 2 months from card approval
- Maybank will send an SMS about a week after conditions are met
For reference only; refer to exact details in terms and conditions
Stay subscribed for more great deals and updates
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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