January Deals: Great Start to the Year
Januarys tend to be a relatively soft month for deals – at least for the past couple of years – but January 2023 has been great. There is a whole bunch of promos and deals for most classes of products we care about, and let’s hope this keeps up for the rest of 2023.
Turnaround time for gift fulfilment
Do note that fulfilment of promos through a intermediary like SingSaver can take a few months, so apply if you are willing to wait. Usually, applying directly with the product provider can get you rewards faster, but SingSaver tends to have better promos. Moving forward, I will highlight the source of rewards more prominently.
Last chance for Citi Plus promo
Citi Plus is offering an excellent deal of S$100 when you open your account, an additional S$60 for holding a Citi credit card, and even more when you fund your account. The deal is going to be worse after 8th January, so this is the last weekend for you to grab the current promo:
Citi
Interest Booster Account
Until 29th February 2024
| Activity | Reward | |
| Apply for Citi Plus Interest Booster Account and fill up SingSaver form in email ⚠️ no form, no reward | S$50 cash (fulfilled by SingSaver)¹ | |
| Deposit minimum S$20,000 in fresh funds within 2 months of account opening and maintain until Month 6 | Additional S$100 Cash or an TP-Link Smart Tapo RV10 Lite Robot Vacuum (worth $259) (fulfilled by SingSaver)¹ | |
| Upon opening an account and funding S$20,000 in fresh funds. | S$30 cash reward from Citi² | |
| Holding a valid primary/main Citi Credit Card | Extra S$30 bonus card reward from Citi² | |
| Base interest of the account (no salary, spend etc. requirement) | 1.5% p.a. up to the first S$50,000 deposit | |
| Total: S$210 + interest | ||
For reference only. Terms and conditions apply (save a copy for your own future reference):
Note that there is an early closure fee of S$50 if account is closed within 6 months but fall-below fees are waived until 31 December 2024.
Bank account promos
Aside from Citi Plus, other banking deals look good this month, and I’ve collated them over at the Savings page. Notable ones include S$188 for BonusSaver which is recently offering more than 4% p.a. in realistically achievable interest, and S$350 for HSBC EGA.
Excellent credit card deals
This month, we have three banks offering at least S$300 of sign-up promos at once. Citi is giving an excellent choice between an iPad and S$350, while StanChart is offering S$320 with no minimum spend required!
HSBC is also offering S$300 for selected credit cards, and they have been a relatively rare sight for great credit card promos so grab the deal when you have the chance.
Don’t forget also DBS and CIMB – not their highest ever promos, but both are offering S$250 sign-up gifts.
If you are willing to pay annual fees for a lifestyle card, and there are strong reasons to do so, there’s the Citi Prestige promo and the Amex Platinum Charge promo. Both sign-up offers are set to end later this month.
Last updated: 1st July 2026
💳 Sign-up gifts for existing bank customers
| ★ | Cards | Rewards | Last Date | Remarks | Reward Provider |
|---|---|---|---|---|---|
| 🔥 | Citi Cards | Up to S$420 cash, 25,000 Max Miles or hot gadgets! | 2nd August 2026 | Citi or SingSaver | |
| 🔥💳 | Citi Prestige | Up to 65,000 miles, even for existing Citi cardholders | 30th November 2026 | Works even for existing Citi cardholders. Great deal offsets annual fees; useful features. | Citi |
| 🔥 | Maybank Cards | Suitcase | Ongoing | Maybank | |
| 🔥 | CIMB Cards | S$50 cash + S$1,150 suitcase | 30th July 2026 | CIMB + SingSaver | |
| 🔥 | DBS Cards | First 350 applicants: get iPad A16 11-inch | 15th July 2026 | ||
| 🔥 💳 | StanChart | Simply Cash: S$350 cash or gadgets Journey: 30,000 miles + 12,000 Max Miles or other gift SC Visa Infinite: works for existing cardholders | 2nd August 2026 | StanChart | |
| 🔥💳 | HSBC Cards | S$400 cash, 25,000 Max Miles, or other gadgets | 2nd August 2026 | SingSaver + HSBC | |
| 🔥 | OCBC Cards | S$400 cash, 25,000 Max Miles, or other gadgets | 2nd August 2026 | SingSaver + OCBC | |
| UOB Cards | Stay subscribed for updates | N/A | UOB + SingSaver | ||
| Amex Cards | Stay subscribed for updates | N/A | Amex | ||
| 🔥 | Maribank Credit Card | Bonus birthday reward: S$20 Plus usual: get 2.88% p.a. + S$30 cashback and S$50 Shopee vouchers + S$15 bonus | 31st July 2026 | Get best-in-class forex rates and 1.5% cashback! | Maribank |
| Kris+ | $5 Multiple promos happening in-app | Ongoing | Wallet app with great promos and extra rewards No income requirement | Direct | |
| 🔥 | Trust | Use JP8171J5 for S$10 FairPrice vouchers | Ongoing | Credit card great for travel with 0 fx fee and 1% cashback! | Direct |
| Big Pay | S$5 cashback | Ongoing | Wallet app; no income requirement | Direct | |
| iChange | S$5 | Ongoing | Multi-currency wallet app No income requirement | Direct | |
| YouTrip | S$5 | Ongoing | Multi-currency wallet app No income requirement | Direct | |
| Instarem Amaze | 325 points (S$3.25) | Ongoing | Multi-currency wallet app No income requirement | Direct |
Webull
Webull lowered their promo in the New Year, but recently changed their minds about it. You can still a generous US$150 of cash coupons if you haven’t already done so:
Webull
Bonus Rewards From SingSaver
| Requirement | Reward |
| Either: sign up and fund minimum initial of US$2,000 or S$2,741 and maintain for 30 days. | |
| OR: sign up and fund minimum initial of US$10,000 or S$13,705 and maintain for 60 days. | Choose 1: → → Dyson SSHD 15 (retailing S$599) → Bose Quiet Comfort Ultra Earbuds → |
Stacks with Webull’s Offer
Until 30th May 2025 (3.59PM)
| Cumulative Net Deposit of US$2,000 Complete 3 buy trades (US stocks, ETFs, and options) and maintain a net deposit of ≥ US$2,000 or S$2,741 until 29th June 2025, 11:59 PM SGT. | US$60 Apple Shares |
| Cumulative Net Deposit of US$10,000 Complete 5 buy trades (US stocks, ETFs, and options) and maintain a net deposit of ≥ US$10,000 or S$13,705 until 29th July 2025, 11:59 PM SGT. | US$300 Apple Shares |
| Cumulative Net Deposit of US$100,000 Complete 8 buy trades (US stocks, ETFs, and options) and maintain a net deposit of ≥ US$100,000 or S$137,043 until 29th July 2025, 11:59 PM SGT. | US$600 Apple Shares |
Get 0 platform fee, and trade fractional shares from as low as US$5 per trade. Great for dollar-cost averaging small amounts!
If you deposit or withdraw SGD, it will be converted to the equivalent USD amount at the exchange rate of S$1 = US$0.7297 to determine your deposit. E.g. S$13,704.27 = US$10,000
Refer to terms and conditions for exact requirements:
Last updated: 21st May 2025
Cathay Pacific’s 15% bonus for miles conversion
While Singapore Air is perhaps the biggest frequent flyer programme in Singapore, it is not the only game in town. Cathay Pacific is offering 15% bonus miles when you transfer at least 20,000 miles from your bank points, and this offer is good until 31st January 2023.
While most points conversion take just a couple of days to process, it can take up to a week or two, so convert your points early as points that reach your Asia Miles account after 31st January 2023 will not accrue any bonus points.
Other promos
There are of course other deals like Kris+’s excellent Spend and Win campaign, and DBS’s 5% extra cashback promo (check your PayLah app), and we will probably see even more CNY promos happening over the next couple of weeks.
Stay subscribed to be kept informed of the latest and greatest deals… and a particular Google Pay “game”.
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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