There are three main factors to consider when choosing a credit card for recurring bills:
Typically, utilizing a credit card to pay for bills is a good plan. The only things you need to take note of are that you pay off your balance each month and never use the credit card to pay off a bill that you can’t afford. If you don’t follow those rules, you’ll find yourself in debt within months!
|Credit Card Name||Recurring Bill Payments||Min. Spend|
|Maybank Friends & Family|
|5% or 8% off bills from Singtel,|
Starhub, M1, Circles Life,
MyRepublic, Netflix and any other
telco or paid TV subscriptions
|S$500 / S$800||Apply Now|
|UOB One Card||Up to 5% cash rebate on|
all spend including recurring
telco and electricity.
(Excluding town council payments)
|S$500 / S$1,000 /|
|OCBC 365 Credit Card||3% cashback on recurring|
bills from Singtel, Starhub,
M1, MyRepublic and Circles
|UOB Delight||3% cash rebate on telcos,|
town council payments,
Singapore Power, SPH and
|Maybank FC Barcelona Visa|
|1.6% cashback on all local|
spend, exluding town council
payments and insurance
|HSBC Advance Credit Card||HSBC Advance Credit Card||None||Apply Now|
|POSB Everyday Card||1% cash rebates on recurring|
bills and in-store purchases
|Citibank SMRT Card||1% cash rebates on recurring|
Singtel, Starhub, M1, town council
paymnts and insurance (Prudential
& Chubb) premiums paid
trhough Citibank One bill
It doesn’t take much to set up recurring bill payments. It will depend on your bank as to just how easy it is. Many banks give you a one-stop bill payment service that allows you to fill up the information of your bill just once then keep making regular payments without trouble.
You will need to look up and download the online form that suits each of your billing needs and send it to the town council. Most companies, such as electricity retailers, will already have your information on-hand, making it easy for them to set up your automatic online billing payments.
Take a minute to list down all the bills you need to pay for and sort out how and where you can set them up for recurring payments.