High-earn Cards For Big Expenses

Have big expenses coming up? Here are some cards that allow you to earn a good rate significantly more than 1.5% or 1.4 mpd. Big is subjective of course, and we’re looking at anywhere up to $12,000 per transaction for this article.

5% on up to $12,000 online spend a year

The Citi SMRT Card gets a perfect 10/10 score from me for being the only cashback card able to handle a huge transaction without running into a monthly cap. Instead, it has an annual cap of $12,000, which means it can support a single large transaction of up to $12,000 at one shot (depending how much of your annual cap you have used).

The only requirement you need is that this transaction must be online (aside from travel-related and other excluded expenses). Given how you can buy just about anything online, the Citi SMRT Card is really easy to use whether you want to buy furniture for a home remodel, jewelry for the significant other, or electronics to upgrade your work-from-home setup.

Max: $12,000 (a year)
Min: $500 accumulated spend in a month


🔥 👍🏼

One of the few high-earn cards with no monthly cap! Gives 5% cashback on online transactions. Read the review here.


4.2% p.a. returns: get early access to Chocolate Finance!

Subscribe to the Telegram for more great deals and updates. Prefer email or WhatsApp? Tap here.

4 mpd (or 2.78% cashback, 3.70% rebate in voucher) on electronics and popular retailers

OCBC Titanium Rewards is my go-to card for electronics because of its lack of a monthly cap. Like the Citi SMRT Card, it has an annual cap of $12,000 and can well support large transactions. On top of that, you can even apply for the blue and pink versions of this card to double that annual cap to $24,000.

It gives 50 OCBC$ per $5 spent on eligible categories – and this includes electronics, departmental stores, clothing, and various popular retailers like Qoo10, Lazada, IKEA etc. It’s not as easy to remember as “online” like Citi SMRT Card, but it does have the advantage of working with offline purchases too.

The earn rate translates into 4 miles per dollar, or 2.78% if you redeem the OCCB$ for cashback, or 3.70% if you opt to redeem your OCBC$ for vouchers. It even gives extra 2% cash rebate on Best Denki purchases, which results in a very sweet deal if you can find what you want at a decent price.

Max: $12,000 (a year, +$12,000 if you get a second card)
Min: $5 per transaction

OCBC Rewards

🔥 👍🏼

New OCBC Cardholders


  • Travel Bundle [Samsonite Volant Spinner 68/25 EXP + Apple AirTag] (retailing for S$525.40)
  • Apple AirPods (Generation 3) with Magsafe Charging Case (retailing for S$274)
  • S$220 eCapitaVoucher
  • S$200 Cash via PayNow 

Charge at least S$500 within 30 days from card approval

⚠️ Fill up SingSaver rewards form in email to choose your gift. No form completed = no reward given

Last date to apply: 14th August 2024

Terms and conditions:

  1. Tap here (save a copy for your own reference)
Sign-up Process

  1. Apply with the link
  2. Important: find SingSaver email and fill in redemption form after application; no form no reward
  3. Promo code field can be left blank
  4. Fulfil requirements as stated in terms and conditions

Credit card terms and conditions
Banking account terms and conditions
Priority banking terms and conditions

Get 4 miles per dollar or 2.78% cash rebate on up to S$1,110 of spend on eligible categories per month.

1.5% / 1.7% cashback + 1.2% Grab points

A “trick” that is repeated for the sake of the uninitiated, you can top up your Grab wallet with either the Amex True Cashback Card or the UOB Absolute Cashback Card, then spend using your GrabPay Mastercard. This gives you 1.5% (Amex True Cashback) or 1.7% (UOB Absolute) on amounts that you top up If you don’t have a card with Amex and/or UOB, the sign-up perks will also push your cashback yield up significantly for the first $5,000 on Amex True Cashback, and first $3,000 on the UOB Absolute Card.

When you spend with the GrabPay Card, you further get up to 6 Grab points per dollar, and at 0.2 cents each, that represents at least 1.2% rebate. The value of Grab points goes up when there are redemption promos, and it very recently more than doubled when redeemed efficiently.

Take note that you should make your large transaction only when you have reached Grab’s Platinum membership, something which is fairly easy to achieve if you use your GrabPay Card for a few hundred dollars of spend. Making a $5,000 transaction when you’re a silver member only gets you 3 points per dollar on the whole transaction.

Due to the nature of the GrabWallet, you can only pay up to $5,000 per transaction. There is also a rolling $10,000 monthly limit.

Max: $5,000 per transaction, $10,000 per rolling month
Min: None

American Express True Cashback

New to Amex Basic Cards

New cardholder of Amex True CashbackBoosted 3% cashback on all eligible spend (except Grab-top) up to S$5,000 for the first 6 months
Fill up SingSaver Rewards Redemption Form and spend S$500 on eligible transactions within first 30 days from card approvalS$150 cash
⚠️ No form = no reward

Tap here for terms and conditions (save a copy for future reference)

Last date to apply: 31st July 2024

1.5% cashback on transactions except Grab top-ups

Keep up to date on the best cashback/mile cards, financial products, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.

Subscribe to the channel, then join the group chat. You would often benefit from the tips shared exclusively in the group chat!

Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!

Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opinion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).

Leave a Reply