Overview:
Food delivery’s ease of use has become a way of life. Platforms like GrabFood, Foodpanda, and Deliveroo offer a wide variety of food options delivered right to your doorstep, whether you’re craving a particular dish or are just too busy to cook. With so many options, however, savvy foodies may maximize their savings by selecting a suitable credit card. In order to help you turn those late-night cravings into delectable rewards, this review explores the world of food delivery and highlights the top credit cards that offer cashback, miles, or special benefits. Here’s the best cards for food delivery!
MCCs to look out for:
- MCC 5811: Caterers
- MCC 5812: Eating Places and Restaurants (Crystal Jade, Jumbo Seafood, Paradise)
- MCC 5814: Fast Food Restaurants (Burger King, McDonald’s, KFC, Grab, FoodPanda, Deliveroo)
- MCC 5499: Misc. Food Stores (Crave, Famous Amos, Nespresso)
Best Cashback/Miles Card (Foodpanda):
This card wins hands down as the best cashback or miles card for food delivery. It’s almost like… if you can help it, just switch to foodpanda and use DBS yuu card as the returns are too irresistible. In addition, some of my datapoints have shown that foodpanda tends to be a bit cheaper than Grabfood. You can even do self-pickup on foodpanda to take advantage. Note that if you have a Pandapro account, you will not get any bonus yuu points, it will still count towards the minimum S$600 spend.
Cashback Cards:
Maybank Family and Friends Card gives 8% cashback on dining with minimum S$800 spend required, while DCS Flex gives 6% cashback on online spend (food delivery ordering will be under this) with minimum S$600 spend required.
Requirements (tap to expand)
- Apply for a new Maybank Credit Card (not applicable for Maybank XL cards)
- Charge min. S$1,300 within the first 2 months of card approval
- Fill the Google Form after signing up
- Alternative: apply for CreditAble + a Maybank Credit Card, then charge min. S$1,200 within 2 months
Miles Cards:
These are the top 4 miles per dollar card with no minimum spend required.
Other Cards that you may use to pair with the High Yield Savings Account:
These two cards are mainly for those who pair them with the UOB One or OCBC 360 Account. UOB One Card will work for Grabfood and Grab dine out deals while OCBC 365 can work with all three platforms (Foodpanda, Grabfood and Deliveroo)
Lower Earn Rate Cards but not too bad:
The UOB Krisflyer Card gives uncapped 3 miles per dollar if you are able to hit the minimum spend of S$800 in the membership year while the SC journey card gives 3 miles per dollar on food delivery capped at S$1,000 per statement month, but it gives you two priority pass visits per membership year.
You can also use the UOB Preferred Visa is a great option, offering 4 miles per dollar with no minimum spend required. This applies to transactions under MCCs 5811, 5812, 5814, and 5499, with a cap of S$1,100
Conclusion:
When it comes to judging which are the best cards for food delivery, we want to use a pretty straightforward card that doesn’t really cause any hassle, for cashback card, DBS Yuu gives the highest cashback on foodpanda. For miles card— DBS Woman’s World Card & Citi Rewards would probably be the simplest cards to use as it can be used on online transactions and you won’t have to worry about any specific MCCs. With the other cards, make sure to check the MCCs for you to earn the respective reward.
💳 Credit cards change their T&Cs every so often and it is difficult to stay updated. That’s why I created a Telegram Broadcast where you can receive timely bite-sized updates to get the most out of your spending.
💡 We believe in always paying our credit card bills on time and in full. It is only by doing that, can we fully maximise our credit card benefits.
