Best Cashback Credit Cards in Singapore 2021

After reading through 1,000+ pages of credit card terms and conditions, we've identified which cash back credit cards truly deliver the best value per dollar in Singapore. Adjust the income and spending numbers below in order to see which cards can maximise rebates for your budget.

Best Cashback Credit Cards Overall:
Best Cashback Credit Cards with No Annual Fee:
  • OCBC 365: 6% rebate on dining, 3% rebate on groceries, utilities and travel, Visa Concierge Services
  • HSBC Visa Platinum: 5% rebate on groceries, dining & petrol, miles for general
  • CIMB Platinum MasterCard: 10% rebate on wine and dine, transport, petrol, health and travel, capped at S$100/month
Best Unlimited Cashback Credit Cards:
Best Cashback Credit Cards for Lower Spenders:
  • OCBC Frank: Up to 6% rebate for FX, online and mobile purchases, low S$600 min. spend requirement
  • Citi SMRT: 5% everyday rebates w/S$500 min spend
  • Maybank Platinum Visa: Up to 3.33% rebate on local and foreign currency spend
Best Credit Cards for Online Shopping & Mobile-Pay:
  • DBS Live Fresh: All-in-one card w/ top rebates for online & contactless spend
  • SC SingPost Spree: 3% rebate online overseas & vPost transactions
  • CIMB Visa Signature: 10% cashback on online shopping, groceries, beauty and wellness, pet shops and cruises
Best Cashback Credit Cards for Leisure & Entertainment:
  • UOB EVOL: Rebates on online and contactless spend with easy fee-waiver
  • CIMB World MasterCard: Unlimited 2% cashback on wine and dine, entertainment and 50% off green fees
Best Cashback Credit Cards Overall:
Best Cashback Credit Cards with No Annual Fee:
  • OCBC 365: 6% rebate on dining, 3% rebate on groceries, utilities and travel, Visa Concierge Services
  • HSBC Visa Platinum: 5% rebate on groceries, dining & petrol, miles for general
  • CIMB Platinum MasterCard: 10% rebate on wine and dine, transport, petrol, health and travel, capped at S$100/month
Best Unlimited Cashback Credit Cards:
Best Cashback Credit Cards for Lower Spenders:
  • OCBC Frank: Up to 6% rebate for FX, online and mobile purchases, low S$600 min. spend requirement
  • Citi SMRT: 5% everyday rebates w/S$500 min spend
  • Maybank Platinum Visa: Up to 3.33% rebate on local and foreign currency spend
Best Credit Cards for Online Shopping & Mobile-Pay:
  • DBS Live Fresh: All-in-one card w/ top rebates for online & contactless spend
  • SC SingPost Spree: 3% rebate online overseas & vPost transactions
  • CIMB Visa Signature: 10% cashback on online shopping, groceries, beauty and wellness, pet shops and cruises
Best Cashback Credit Cards for Leisure & Entertainment:
  • UOB EVOL: Rebates on online and contactless spend with easy fee-waiver
  • CIMB World MasterCard: Unlimited 2% cashback on wine and dine, entertainment and 50% off green fees

How we Compare Best Cash Back Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best cash rebate credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. We discuss each of our top picks in detail to help you assess which ones are the best fit for your needs, accounting for various factors like monthly spending requirements, ease of use and versatility.

The best cashback cards, led by UOB One Card, greatly exceed the market average for value-to-consumer after 2-years, based on S$2,000 monthly spend

Best Cashback Credit Cards in Singapore

Cashback cards are a convenient alternative to points and miles cards that can offset your monthly card bill by earning rebates on specific kinds of spending. Take a look at the cards we think work best for different kinds of consumers below - or go to our rewards calculator to see exactly how much value you could get from each cashback card in Singapore.

UOB One Credit Card: Best Rebate Card for Stable Spenders

UOB One Card offers great cashback rates (up to 10%) for consistent spenders looking to earn cashback on everyday essentials.
  • Pros
    • Good fit for budgets of at least S$2,000 per month
    • Easy cashback on daily spend
    • Gives rebates for paying bills
    • Cons
      • Doesn't fit high budgets or low/inconsistent budgets
      • Annual fee
      • Annual fee: S$192.60 (first year- waived)
      • 5% rebate on general spend, up to S$300/quarter (S$2,000 min spend) with min 5 transactions/mo
      • Up to 10% on Grab, Shopee, Dairy Farm Singapore & select UOB travel, 6% on utilities bills
      • 3.33% rebate, up to S$100/quarter (S$1,000 min spend)
      • 3.33% rebate, up to S$50/quarter (S$500 min spend)
      • 0.03% rebate on all spend if no rebate earned for calendar year
      • Up to 20.80% savings at Shell and 24% at SPC
      If you consistently spend S$2,000/month, you’ll earn more with UOB One Card than with any other flat rebate card. Spend at this level earns 5% cashback, up to S$300/quarter–amongst the highest earning potentials on the market. This rate is further boosted to 10% on Dairy Farm Singapore transactions, Grab and UOB Travel and 6% on electric bills. Lower or inconsistent spend also earns 3.33% up to S$50 or S$100/quarter (depending on minimum spend), but these rates are slightly less competitive.


      One of the best features of UOB One Card is that cardholders can ‘double’ their rebates through UOB SMART$ Programme, which also earns SMART$ credits with select merchants, which then offset future purchases. With UOB One Card, consumers can make the most of their daily spend, while only paying a S$192.6 annual fee. Overall, this card is the best flat rebate option on the market for average spenders.

      UOB One Card offers great cashback rates (up to 10%) for consistent spenders looking to earn cashback on everyday essentials.
      • Pros
        • Good fit for budgets of at least S$2,000 per month
        • Easy cashback on daily spend
        • Gives rebates for paying bills
        • Cons
          • Doesn't fit high budgets or low/inconsistent budgets
          • Annual fee
          • Annual fee: S$192.60 (first year- waived)
          • 5% rebate on general spend, up to S$300/quarter (S$2,000 min spend) with min 5 transactions/mo
          • Up to 10% on Grab, Shopee, Dairy Farm Singapore & select UOB travel, 6% on utilities bills
          • 3.33% rebate, up to S$100/quarter (S$1,000 min spend)
          • 3.33% rebate, up to S$50/quarter (S$500 min spend)
          • 0.03% rebate on all spend if no rebate earned for calendar year
          • Up to 20.80% savings at Shell and 24% at SPC

          If you consistently spend S$2,000/month, you’ll earn more with UOB One Card than with any other flat rebate card. Spend at this level earns 5% cashback, up to S$300/quarter–amongst the highest earning potentials on the market. This rate is further boosted to 10% on Dairy Farm Singapore transactions, Grab and UOB Travel and 6% on electric bills. Lower or inconsistent spend also earns 3.33% up to S$50 or S$100/quarter (depending on minimum spend), but these rates are slightly less competitive.


          One of the best features of UOB One Card is that cardholders can ‘double’ their rebates through UOB SMART$ Programme, which also earns SMART$ credits with select merchants, which then offset future purchases. With UOB One Card, consumers can make the most of their daily spend, while only paying a S$192.6 annual fee. Overall, this card is the best flat rebate option on the market for average spenders.

          Maybank Family & Friends MasterCard: Cashback in SG & MY

          PROMO: GET S$100 CASH CREDIT
          Maybank Family & Friends is one of the most flexible cashback cards on the market, allowing customers to self-select 5 cashback categories on which they earn 8% cashback.
          • Pros
            • Good for budgets of S$800/month
            • Awards 8% cashback on 5 categories of your choice
            • 3 year annual fee waiver
            • Great to use in Singapore, Malaysia, Indonesia and the Philippines
            • Cons
              • Merchant restrictions
              • Lacks miles & travel perks
              • Annual fee: S$180 (3 years fee waiver)
              • Up to 8% rebate on 5 preferred categories (fast food & food delivery, groceries, transport, petrol discounts & online TV streaming)
              • Up to S$125 cashback per month with S$800 min spend
              • 0.3% rebate all other spend
              Maybank Family & Friends Card is an exceptional option for both average and lower spenders with primarily local or regional budgets. Cardholders can select five out of eight cashback categories on which they will earn 8% cashback with S$800 minimum spend.


              Cashback categories include groceries, dining, transport, data communication, retail and pets, online fashion, entertainment and pharmacy and wellness. Cashback is capped at S$25 per category, which adds up to a total monthly cashback of S$125 ,or S$1,500 per year. Another benefit of the card is its S$180 annual fee is waived for the first 3 years.

              PROMO: GET S$100 CASH CREDIT
              Maybank Family & Friends is one of the most flexible cashback cards on the market, allowing customers to self-select 5 cashback categories on which they earn 8% cashback.
              • Pros
                • Good for budgets of S$800/month
                • Awards 8% cashback on 5 categories of your choice
                • 3 year annual fee waiver
                • Great to use in Singapore, Malaysia, Indonesia and the Philippines
                • Cons
                  • Merchant restrictions
                  • Lacks miles & travel perks
                  • Annual fee: S$180 (3 years fee waiver)
                  • Up to 8% rebate on 5 preferred categories (fast food & food delivery, groceries, transport, petrol discounts & online TV streaming)
                  • Up to S$125 cashback per month with S$800 min spend
                  • 0.3% rebate all other spend

                  Maybank Family & Friends Card is an exceptional option for both average and lower spenders with primarily local or regional budgets. Cardholders can select five out of eight cashback categories on which they will earn 8% cashback with S$800 minimum spend.


                  Cashback categories include groceries, dining, transport, data communication, retail and pets, online fashion, entertainment and pharmacy and wellness. Cashback is capped at S$25 per category, which adds up to a total monthly cashback of S$125 ,or S$1,500 per year. Another benefit of the card is its S$180 annual fee is waived for the first 3 years.

                  Citi Cash Back Card: Global Rebates on Food & Petrol

                  Citi Cash Back Card offers highest available cashback on petrol (20.88%), followed by groceries (8%) and dining (6%). Another benefit is cashback rates apply both at home and abroad.
                  • Pros
                    • Great dining and groceries rewards
                    • High petrol discounts
                    • Cons
                      • Lacks shopping and entertainment rewards
                      • Not suitable for lower budgets
                      • Annual fee: S$192.60 (first year- waived)
                      • 8% cashback on groceries
                      • 6% cashback on dining
                      • Up to 20.88% fuel savings at Esso & Shell and 8% cashback at other petrol stations
                      • 0.25% cashback on all other purchases
                      • Cashback capped at S$80/month
                      Citibank Cash Back Card is a great card for average consumers who spend most of their budget on food and transport. Dining, groceries, and petrol (any station) earn 8% cashback, up to S$80/month, which is one of the highest offers for these spending categories.


                      One drawback is that consumers must spend S$800/month to unlock these rates and general spend earns just 0.25% cashback. There is a S$192.60 fee, which is only waived 1 year. These features may make Citi Cash Back Card slightly less accessible for some consumers. Overall, however, this card stands out for rewarding top spend categories with great rates, with the potential to earn up to S$960/year in cashback.

                      Citi Cash Back Card offers highest available cashback on petrol (20.88%), followed by groceries (8%) and dining (6%). Another benefit is cashback rates apply both at home and abroad.
                      • Pros
                        • Great dining and groceries rewards
                        • High petrol discounts
                        • Cons
                          • Lacks shopping and entertainment rewards
                          • Not suitable for lower budgets
                          • Annual fee: S$192.60 (first year- waived)
                          • 8% cashback on groceries
                          • 6% cashback on dining
                          • Up to 20.88% fuel savings at Esso & Shell and 8% cashback at other petrol stations
                          • 0.25% cashback on all other purchases
                          • Cashback capped at S$80/month

                          Citibank Cash Back Card is a great card for average consumers who spend most of their budget on food and transport. Dining, groceries, and petrol (any station) earn 8% cashback, up to S$80/month, which is one of the highest offers for these spending categories.


                          One drawback is that consumers must spend S$800/month to unlock these rates and general spend earns just 0.25% cashback. There is a S$192.60 fee, which is only waived 1 year. These features may make Citi Cash Back Card slightly less accessible for some consumers. Overall, however, this card stands out for rewarding top spend categories with great rates, with the potential to earn up to S$960/year in cashback.

                          POSB Everyday Card: Top Promotional Rebates + Transport Perks

                          PROMO: USE CODE AUGFLASH TO GET S$300 CASHBACK
                          POSB Everyday Card offers cashback on everyday essentials such as dining, groceries, shopping, travel, transport and utilities. Its highest cashback rate is 10% on foodpanda and Deliveroo.
                          • Pros
                            • Benefits highly diversified spend with large food budgets
                            • Great fit for commuters seeking a convenient, an all-in-one card
                            • Cons
                              • Not suitable for consistent spend of S$2k+/mo
                              • Lacks travel rewards
                              • Has an annual fee
                              • Annual fee: S$192.60 (first year - waived)
                              • 10% cash rebates on online food delivery (foodpanda, Deliveroo and WhyQ ) and 3% on other dining spend
                              • 8% cash rebates on fuel (up to 21.8% at SPC)
                              • 5% cash rebates on groceries (Sheng Siong)
                              • 5% cash rebates on online shopping (Amazon, Lazada, Qoo10, Shopee, RedMart & iHerb)
                              • 3% cash rebates on personal care at Watsons
                              • 1% cash rebates on recurring bills with select merchants (capped at S$1/month)
                              • 0.3% cash rebate on all other spend
                              • DBS Payment Plan: pay 0% interest, up to 6 months
                              If you spend on a wide variety of daily essentials and are open to occasionally shopping with select merchants, POSB Everyday Card may be a great match for you. Cardholders can typically earn up to 10% rebate in categories such as dining and online shopping, 5% cashback on groceries, 3% on personal care, 1% on utilities and up to 21.8% fuel savings at SPC. Some categories may have vendor limitations, but others are more flexible. Furthermore, consumers can enjoy all-in-one convenience as POSB Everyday Card has SimplyGo/ABT capabilities, allowing for contactless fare payment on public transit rides.
                              PROMO: USE CODE AUGFLASH TO GET S$300 CASHBACK
                              POSB Everyday Card offers cashback on everyday essentials such as dining, groceries, shopping, travel, transport and utilities. Its highest cashback rate is 10% on foodpanda and Deliveroo.
                              • Pros
                                • Benefits highly diversified spend with large food budgets
                                • Great fit for commuters seeking a convenient, an all-in-one card
                                • Cons
                                  • Not suitable for consistent spend of S$2k+/mo
                                  • Lacks travel rewards
                                  • Has an annual fee
                                  • Annual fee: S$192.60 (first year - waived)
                                  • 10% cash rebates on online food delivery (foodpanda, Deliveroo and WhyQ ) and 3% on other dining spend
                                  • 8% cash rebates on fuel (up to 21.8% at SPC)
                                  • 5% cash rebates on groceries (Sheng Siong)
                                  • 5% cash rebates on online shopping (Amazon, Lazada, Qoo10, Shopee, RedMart & iHerb)
                                  • 3% cash rebates on personal care at Watsons
                                  • 1% cash rebates on recurring bills with select merchants (capped at S$1/month)
                                  • 0.3% cash rebate on all other spend
                                  • DBS Payment Plan: pay 0% interest, up to 6 months

                                  If you spend on a wide variety of daily essentials and are open to occasionally shopping with select merchants, POSB Everyday Card may be a great match for you. Cardholders can typically earn up to 10% rebate in categories such as dining and online shopping, 5% cashback on groceries, 3% on personal care, 1% on utilities and up to 21.8% fuel savings at SPC. Some categories may have vendor limitations, but others are more flexible. Furthermore, consumers can enjoy all-in-one convenience as POSB Everyday Card has SimplyGo/ABT capabilities, allowing for contactless fare payment on public transit rides.

                                  HSBC Advance Card: Best for Affluent Advance Customers

                                  PROMO: GET UP TO S$200 CASHBACK IN 1ST MO.
                                  HSBC Advance Credit Card
                                  HSBC Advance Credit Card
                                  HSBC Advance Card offers 3.5% boosted cashback on min S$2,000/mo spend and meeting additional requirements, making it a great cashback card for wealthy customers.
                                  • Pros
                                    • Great fit for budgets between S$2,000 and S$8,000/month
                                    • Easy, low-maintenance cashback
                                    • Cons
                                      • Not suitable for average or below-average spend
                                      • Lacks travel perks
                                      • Doesn't fit highly specialised spend behaviors
                                      • Annual fee: S$192.60 (first year- waived)
                                      • 2.5% base cashback on purchases of S$2,000 and above
                                      • 1% bonus cashback when deposit min S$2,000 per month
                                      • Up to 16% fuel savings with Caltex and 14% petrol discount with Shell
                                      • Visa Concierge and e-Commerce purchase protection
                                      HSBC Advance Card is one of the best flat rebate cards on the market for higher spenders with no minimum spend requirements. With a recent update to the HSBC Advance Credit Card cashback programme, all customers regardless of whether they have an HSBC Advance banking relationship or not can earn the same cashback for their spend. Base cashback is at 1.5% for S$2,000 and below, and 2.5% for spend above S$2,000 with cashback capped at S$70 per month.

                                      Customers can also earn an additional 1% bonus cashback when they deposit a minimum of S$2,000 per month in fresh funds to their HSBC Everyday Global Account and charge five transactions to their HSBC Advance Credit Card monthly. When these qualifying criteria are met, you can earn a total cashback of 3.5% with a monthly cap of S$300, which is S$3,600 savings per year – the highest earning potential for a capped card on the market! Ultimately, HSBC Advance Card stands out because it allows Advance customers to earn more cashback per month than with most competitors (who frequently limit rewards to S$100/month) and provides a higher flat rate than most unlimited cards.

                                      PROMO: GET UP TO S$200 CASHBACK IN 1ST MO.
                                      HSBC Advance Credit Card
                                      HSBC Advance Credit Card
                                      HSBC Advance Card offers 3.5% boosted cashback on min S$2,000/mo spend and meeting additional requirements, making it a great cashback card for wealthy customers.
                                      • Pros
                                        • Great fit for budgets between S$2,000 and S$8,000/month
                                        • Easy, low-maintenance cashback
                                        • Cons
                                          • Not suitable for average or below-average spend
                                          • Lacks travel perks
                                          • Doesn't fit highly specialised spend behaviors
                                          • Annual fee: S$192.60 (first year- waived)
                                          • 2.5% base cashback on purchases of S$2,000 and above
                                          • 1% bonus cashback when deposit min S$2,000 per month
                                          • Up to 16% fuel savings with Caltex and 14% petrol discount with Shell
                                          • Visa Concierge and e-Commerce purchase protection

                                          HSBC Advance Card is one of the best flat rebate cards on the market for higher spenders with no minimum spend requirements. With a recent update to the HSBC Advance Credit Card cashback programme, all customers regardless of whether they have an HSBC Advance banking relationship or not can earn the same cashback for their spend. Base cashback is at 1.5% for S$2,000 and below, and 2.5% for spend above S$2,000 with cashback capped at S$70 per month.

                                          Customers can also earn an additional 1% bonus cashback when they deposit a minimum of S$2,000 per month in fresh funds to their HSBC Everyday Global Account and charge five transactions to their HSBC Advance Credit Card monthly. When these qualifying criteria are met, you can earn a total cashback of 3.5% with a monthly cap of S$300, which is S$3,600 savings per year – the highest earning potential for a capped card on the market! Ultimately, HSBC Advance Card stands out because it allows Advance customers to earn more cashback per month than with most competitors (who frequently limit rewards to S$100/month) and provides a higher flat rate than most unlimited cards.

                                          BOC Visa Infinite Credit Card: Cashback for All Local Spend

                                          BOC Visa Infinite Card
                                          BOC Visa Infinite Card
                                          BOC Visa Infinite Card offers 1% unlimited cashback on all spend in Singapore, and a waiver of currency exchange fees on overseas transactions.
                                          • Pros
                                            • Unlimited 1% cashback on all purchases in Singapore
                                            • Waives 1.5% currency exchange fees on overseas transactions
                                            • Great perks like 24-hour lifestyle concierge, Plaza Premium Lounge access for 2, and S$1 million travel insurance
                                            • Cons
                                              • No rewards rate for overseas spending
                                              • High income requirement (S$120,000) and annual fee (S$374.50)
                                              • Annual fee: S$374.50 (first year waived)
                                              • 1% cash rebate on all local purchases
                                              • No minimum spend and no caps
                                              • Waiver of 1.5% currency exchange fees on overseas transactions
                                              • Complimentary S$1 million travel insurance
                                              • Complimentary purchase protection
                                              The BOC Visa Infinite credit card is a great option if you want to instantly start earning cashback for all local purchases. More specifically, cardholders earn 1% on all local transactions with absolutely no minimum spend requirement and no cap on rewards earnings. Cardholders also have access to 2 annual complimentary passes to Plaza Premium Lounge.


                                              There is a pretty high annual fee of S$374.50. However, with no minimum spend requirement, cardholders can instantly start earning rewards on their purchases, which can help offset the annual cost of this card. Overall, the BOC Sheng Siong Credit Card allows cardholders to earn a cash rebate without having the burden of meeting a minimum spend requirement.

                                              BOC Visa Infinite Card
                                              BOC Visa Infinite Card
                                              BOC Visa Infinite Card offers 1% unlimited cashback on all spend in Singapore, and a waiver of currency exchange fees on overseas transactions.
                                              • Pros
                                                • Unlimited 1% cashback on all purchases in Singapore
                                                • Waives 1.5% currency exchange fees on overseas transactions
                                                • Great perks like 24-hour lifestyle concierge, Plaza Premium Lounge access for 2, and S$1 million travel insurance
                                                • Cons
                                                  • No rewards rate for overseas spending
                                                  • High income requirement (S$120,000) and annual fee (S$374.50)
                                                  • Annual fee: S$374.50 (first year waived)
                                                  • 1% cash rebate on all local purchases
                                                  • No minimum spend and no caps
                                                  • Waiver of 1.5% currency exchange fees on overseas transactions
                                                  • Complimentary S$1 million travel insurance
                                                  • Complimentary purchase protection

                                                  The BOC Visa Infinite credit card is a great option if you want to instantly start earning cashback for all local purchases. More specifically, cardholders earn 1% on all local transactions with absolutely no minimum spend requirement and no cap on rewards earnings. Cardholders also have access to 2 annual complimentary passes to Plaza Premium Lounge.


                                                  There is a pretty high annual fee of S$374.50. However, with no minimum spend requirement, cardholders can instantly start earning rewards on their purchases, which can help offset the annual cost of this card. Overall, the BOC Sheng Siong Credit Card allows cardholders to earn a cash rebate without having the burden of meeting a minimum spend requirement.

                                                  Best Cashback Credit Cards with No Annual Fee

                                                  If you're looking to earn cashback without paying an annual fee, check out the cards below.

                                                  OCBC 365 Card: No-Fee Rebates on Essentials

                                                  While OCBC 365 Card offers great cashback on everyday essentials, unlike its competitors, it has a relatively high cashback cap (S$80/mo), a simple rewards structure and fewer merchant restrictions.
                                                  • Pros
                                                    • 6% rebate on dining, 3% on groceries, transport, recurring bills, online travel
                                                    • Fee waiver with S$10,000 annual spend
                                                    • Up to 22.1% fuel savings at Caltex, 20.2% at Esso
                                                    • Cons
                                                      • 0.3% rebate on general spend
                                                      • 0.3% rebate on EZ-Link & Transitlink is capped at S$0.6/month
                                                      • High S$800 minimum spend requirement
                                                      • Annual fee: S$192.60 (automatic annual fee waiver with min annual spend of S$10,000)
                                                      • 6% rebate on local, overseas dining & online food delivery
                                                      • 3% rebate on local, overseas and online groceries
                                                      • 3% rebate on land transport, utilities (telco and electricity bills) & online travel
                                                      • 5% rebate on petrol (up to 22.1% fuel savings at Caltex and 20.2% with Esso)
                                                      • 0.3% cashback on all other spend
                                                      • Visa Signature Privileges
                                                      OCBC 365 Card offers a great no-fee way to earn cashback on daily purchases. Cardholders earn up to 6% rebates on dining and 3% on groceries, land transport, online travel bookings and recurring electricity and telco bills. There are no merchant restrictions (unlike competitors) and rewards are capped at a lofty S$80/month. Another perk is that cardholders can enjoy a fee waiver with S$10,000 annual spend – that's just S$833/month. This spend level also meets minimum spend requirements, ensuring top rewards rates. Overall, OCBC 365 Card is definitely one of the best everyday options with a fee-waiver.
                                                      While OCBC 365 Card offers great cashback on everyday essentials, unlike its competitors, it has a relatively high cashback cap (S$80/mo), a simple rewards structure and fewer merchant restrictions.
                                                      • Pros
                                                        • 6% rebate on dining, 3% on groceries, transport, recurring bills, online travel
                                                        • Fee waiver with S$10,000 annual spend
                                                        • Up to 22.1% fuel savings at Caltex, 20.2% at Esso
                                                        • Cons
                                                          • 0.3% rebate on general spend
                                                          • 0.3% rebate on EZ-Link & Transitlink is capped at S$0.6/month
                                                          • High S$800 minimum spend requirement
                                                          • Annual fee: S$192.60 (automatic annual fee waiver with min annual spend of S$10,000)
                                                          • 6% rebate on local, overseas dining & online food delivery
                                                          • 3% rebate on local, overseas and online groceries
                                                          • 3% rebate on land transport, utilities (telco and electricity bills) & online travel
                                                          • 5% rebate on petrol (up to 22.1% fuel savings at Caltex and 20.2% with Esso)
                                                          • 0.3% cashback on all other spend
                                                          • Visa Signature Privileges

                                                          OCBC 365 Card offers a great no-fee way to earn cashback on daily purchases. Cardholders earn up to 6% rebates on dining and 3% on groceries, land transport, online travel bookings and recurring electricity and telco bills. There are no merchant restrictions (unlike competitors) and rewards are capped at a lofty S$80/month. Another perk is that cardholders can enjoy a fee waiver with S$10,000 annual spend – that's just S$833/month. This spend level also meets minimum spend requirements, ensuring top rewards rates. Overall, OCBC 365 Card is definitely one of the best everyday options with a fee-waiver.

                                                          HSBC Visa Platinum: Both Cashback + Miles Rewards

                                                          PROMO: GET UP TO S$200 CASHBACK IN 1ST MO.
                                                          HSBC Visa Platinum Credit Card
                                                          HSBC Visa Platinum Credit Card
                                                          HSBC Visa Platinum offers 5% cashback on family spend such as dining, groceries and fuel.
                                                          • Pros
                                                            • Great local dining & groceries rewards
                                                            • Suitable for moderate budgets (S$1,600+/month)
                                                            • Cashback & miles rewards
                                                            • Cons
                                                              • Limited miles & travel perks
                                                              • Not suitable for frequent online shoppers
                                                              • Annual fee: S$192.60 (waived for two years)
                                                              • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
                                                              • 0.4 miles per S$1 general spend, unlimited
                                                              • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
                                                              HSBC Visa Platinum Card is not only affordable (its S$180 fee is waived 2 years, then with each S$12,500 annual spend), it also rewards consumers with both miles and cashback – which is rare in the current market. Cardholders earn 0.4 miles per S$1 general spend and 5% rebate on local dining, groceries, and petrol. These categories account for the majority of an average consumer’s monthly budget, so most people can take advantage of this high cashback rate and maximise their earnings.


                                                              It’s worth noting, however, that in order to earn 5% cash rebate consumers must spend at least S$600/month–every month–per quarter. Lower or inconsistent spenders earn just 0.4 miles per S$1 on all spend. Also, earnings are capped at S$250/quarter, or about S$83/month. However, spending S$1,667/month on food and petrol not only maxes out this reward, but also exempts cardholders from the annual fee. HSBC Visa Platinum Card is not only unique, it also offers great earning potential.

                                                              PROMO: GET UP TO S$200 CASHBACK IN 1ST MO.
                                                              HSBC Visa Platinum Credit Card
                                                              HSBC Visa Platinum Credit Card
                                                              HSBC Visa Platinum offers 5% cashback on family spend such as dining, groceries and fuel.
                                                              • Pros
                                                                • Great local dining & groceries rewards
                                                                • Suitable for moderate budgets (S$1,600+/month)
                                                                • Cashback & miles rewards
                                                                • Cons
                                                                  • Limited miles & travel perks
                                                                  • Not suitable for frequent online shoppers
                                                                  • Annual fee: S$192.60 (waived for two years)
                                                                  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
                                                                  • 0.4 miles per S$1 general spend, unlimited
                                                                  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)

                                                                  HSBC Visa Platinum Card is not only affordable (its S$180 fee is waived 2 years, then with each S$12,500 annual spend), it also rewards consumers with both miles and cashback – which is rare in the current market. Cardholders earn 0.4 miles per S$1 general spend and 5% rebate on local dining, groceries, and petrol. These categories account for the majority of an average consumer’s monthly budget, so most people can take advantage of this high cashback rate and maximise their earnings.


                                                                  It’s worth noting, however, that in order to earn 5% cash rebate consumers must spend at least S$600/month–every month–per quarter. Lower or inconsistent spenders earn just 0.4 miles per S$1 on all spend. Also, earnings are capped at S$250/quarter, or about S$83/month. However, spending S$1,667/month on food and petrol not only maxes out this reward, but also exempts cardholders from the annual fee. HSBC Visa Platinum Card is not only unique, it also offers great earning potential.

                                                                  CIMB Platinum MasterCard: Best for Medical, Transport & Dining

                                                                  CIMB Platinum Mastercard
                                                                  CIMB Platinum Mastercard
                                                                  CIMB Platinum MasterCard has no annual fee for life and offers 10% cashback on travel, transport, health and dining expenses.
                                                                  • Pros
                                                                    • Awards cashback for global transport
                                                                    • Cashback for medical expenses and travel spend in foreign currency
                                                                    • No annual fee credit card
                                                                    • Cons
                                                                      • Doesn't award cashback on everyday essentials
                                                                      • No cashback on online spend
                                                                      • Annual fee: free for life
                                                                      • 10% cashback on dining, medical, transport, petrol & overseas travel
                                                                      • 10% cashback on select electronics/furnishings vendors
                                                                      • Unlimited 0.2% cashback on all other spend
                                                                      • CIMB 0% Interest i.Pay Instalment Plan
                                                                      CIMB has ceased issuing new CIMB Platinum Mastercard Credit Cards as of 31 May 2021. CIMB Platinum MasterCard is by far the best no-fee card for health & transport, offering 10% cashback on medical expenses as well as on everything from Grab rides & taxis to petrol worldwide. Spend on dining, travel in foreign currency, and electronics/furnishings also earns 10% rebate, and cardholders can cumulatively earn up to S$100/month–a relatively high earning potential by market standards.


                                                                      Category earnings are, however, capped at just S$20/month, so CIMB Platinum MasterCard is best fit for those spending S$200 or less per month in these categories. Those within this spend level, however can earn at much higher rates than available with any other card. While there's a S$800 minimum monthly spend requirement to access these rates, there's no annual fee. As a result, CIMB Platinum MasterCard is an excellent, low-maintenance option for cashback on medical, transport and dining expenses.

                                                                      CIMB Platinum Mastercard
                                                                      CIMB Platinum Mastercard
                                                                      CIMB Platinum MasterCard has no annual fee for life and offers 10% cashback on travel, transport, health and dining expenses.
                                                                      • Pros
                                                                        • Awards cashback for global transport
                                                                        • Cashback for medical expenses and travel spend in foreign currency
                                                                        • No annual fee credit card
                                                                        • Cons
                                                                          • Doesn't award cashback on everyday essentials
                                                                          • No cashback on online spend
                                                                          • Annual fee: free for life
                                                                          • 10% cashback on dining, medical, transport, petrol & overseas travel
                                                                          • 10% cashback on select electronics/furnishings vendors
                                                                          • Unlimited 0.2% cashback on all other spend
                                                                          • CIMB 0% Interest i.Pay Instalment Plan

                                                                          CIMB has ceased issuing new CIMB Platinum Mastercard Credit Cards as of 31 May 2021. CIMB Platinum MasterCard is by far the best no-fee card for health & transport, offering 10% cashback on medical expenses as well as on everything from Grab rides & taxis to petrol worldwide. Spend on dining, travel in foreign currency, and electronics/furnishings also earns 10% rebate, and cardholders can cumulatively earn up to S$100/month–a relatively high earning potential by market standards.


                                                                          Category earnings are, however, capped at just S$20/month, so CIMB Platinum MasterCard is best fit for those spending S$200 or less per month in these categories. Those within this spend level, however can earn at much higher rates than available with any other card. While there's a S$800 minimum monthly spend requirement to access these rates, there's no annual fee. As a result, CIMB Platinum MasterCard is an excellent, low-maintenance option for cashback on medical, transport and dining expenses.

                                                                          Best Unlimited Cashback Credit Cards

                                                                          Credit cards with high or unlimited rewards caps can increase affluent consumers' rewards potential.

                                                                          Citi Cash Back+ Card: Market-Leading Unlimited Rebates

                                                                          PROMO: GET 12% CASHBACK VIA CRYSTAL JADE JADEITE MEMBERSHIP
                                                                          Citi Cash Back+ Card offers one of the highest unlimited cashback rates on the market – 1.6%, on all spend without restrictions, boosted to 4.5% for the first 3 months since card approval.
                                                                          • Pros
                                                                            • Affluent consumers spending S$7k+/mo
                                                                            • People interested in an easy-to-use flat rate card
                                                                            • Those looking to avoid spend requirements or rewards caps
                                                                            • Cons
                                                                              • Average or lower spenders looking to maximise rewards
                                                                              • Those with specialised spend (i.e. dining, shopping)
                                                                              • Consumer looking to avoid an annual fee
                                                                              • Annual fee: S$192.60 (first year - waived)
                                                                              • 1.6% cashback on all local and overseas spend
                                                                              • No minimum spend
                                                                              • No cap on cashback
                                                                              • Welcome gift of 4.5% cashback on up to S$5,000 in first 3 months
                                                                              Individuals spending about S$7,000+/month can truly maximise their earnings with Citibank Cash Back+ Card. Cardholders earn an unlimited 1.6% cashback on all spend, which is higher than the 1.5% offered by most competitors. In most cases, consumers with very large budgets end up feeling restricted by typical capped rewards cards. With Citi Cash Back+, however, affluent cardholders can continue to earn on all of their spend, up to their full rewards potential.
                                                                              PROMO: GET 12% CASHBACK VIA CRYSTAL JADE JADEITE MEMBERSHIP
                                                                              Citi Cash Back+ Card offers one of the highest unlimited cashback rates on the market – 1.6%, on all spend without restrictions, boosted to 4.5% for the first 3 months since card approval.
                                                                              • Pros
                                                                                • Affluent consumers spending S$7k+/mo
                                                                                • People interested in an easy-to-use flat rate card
                                                                                • Those looking to avoid spend requirements or rewards caps
                                                                                • Cons
                                                                                  • Average or lower spenders looking to maximise rewards
                                                                                  • Those with specialised spend (i.e. dining, shopping)
                                                                                  • Consumer looking to avoid an annual fee
                                                                                  • Annual fee: S$192.60 (first year - waived)
                                                                                  • 1.6% cashback on all local and overseas spend
                                                                                  • No minimum spend
                                                                                  • No cap on cashback
                                                                                  • Welcome gift of 4.5% cashback on up to S$5,000 in first 3 months

                                                                                  Individuals spending about S$7,000+/month can truly maximise their earnings with Citibank Cash Back+ Card. Cardholders earn an unlimited 1.6% cashback on all spend, which is higher than the 1.5% offered by most competitors. In most cases, consumers with very large budgets end up feeling restricted by typical capped rewards cards. With Citi Cash Back+, however, affluent cardholders can continue to earn on all of their spend, up to their full rewards potential.

                                                                                  Standard Chartered Unlimited Cashback Card: Global Unlimited Rebates

                                                                                  Standard Chartered Unlimited Cashback offers customers 1.5% cashback on all spend, boosted to 5% for the first 3 months since card approval.
                                                                                  • Pros
                                                                                    • Unlimited 1.5% flat cashback
                                                                                    • No minimum spend requirement
                                                                                    • Up to 21% fuel savings with Caltex
                                                                                    • Cons
                                                                                      • Must spend S$7,000/month to get good value
                                                                                      • No boosted rates in specific categories
                                                                                      • No travel perks
                                                                                      • Annual fee: S$192.60 (waived for two years)
                                                                                      • Unlimited 1.5% cashback on all spend
                                                                                      • Caltex petrol discounts up to 21%
                                                                                      Standard Chartered Unlimited Cashback Card not only rewards 1.5% cashback on all spend, but also offers notably high petrol savings rates. Cardholders earn up to 21% fuel savings with Caltex. Other perks include dining privileges and discounts. It’s worth pointing out that unlimited cards are best for high spenders because there’s no earnings cap. SC Unlimited Cashback Cardholders would need to spend at least S$7,000+/month for rewards to become competitive. This is simply because alternative cards that do have caps tend to have higher rewards rates.
                                                                                      Standard Chartered Unlimited Cashback offers customers 1.5% cashback on all spend, boosted to 5% for the first 3 months since card approval.
                                                                                      • Pros
                                                                                        • Unlimited 1.5% flat cashback
                                                                                        • No minimum spend requirement
                                                                                        • Up to 21% fuel savings with Caltex
                                                                                        • Cons
                                                                                          • Must spend S$7,000/month to get good value
                                                                                          • No boosted rates in specific categories
                                                                                          • No travel perks
                                                                                          • Annual fee: S$192.60 (waived for two years)
                                                                                          • Unlimited 1.5% cashback on all spend
                                                                                          • Caltex petrol discounts up to 21%

                                                                                          Standard Chartered Unlimited Cashback Card not only rewards 1.5% cashback on all spend, but also offers notably high petrol savings rates. Cardholders earn up to 21% fuel savings with Caltex. Other perks include dining privileges and discounts. It’s worth pointing out that unlimited cards are best for high spenders because there’s no earnings cap. SC Unlimited Cashback Cardholders would need to spend at least S$7,000+/month for rewards to become competitive. This is simply because alternative cards that do have caps tend to have higher rewards rates.

                                                                                          American Express True Cashback Card: Unlimited Rebates + Amex Perks

                                                                                          PROMO: RECEIVE S$80 CAPITA VOUCHERS
                                                                                          American Express True Cashback offers unlimited 1.5% cashback on all purchases, boosted to 3% for the first 6 months since card approval.
                                                                                          • Pros
                                                                                            • Great Amex perks
                                                                                            • Straightforward, easy-to-use card
                                                                                            • Cons
                                                                                              • Not suitable for lower budgets
                                                                                              • Rewards general spend only
                                                                                              • Annual fee: S$171.20 (first year - waived)
                                                                                              • Get 1.5% cashback on all eligible spend, with no min. spend required and no cap
                                                                                              • Get double the cashback at 3% on first S$5,000 spent within first 6 months
                                                                                              • Free travel insurance up to S$350,000 when you purchase travel tickets with this card
                                                                                              American Express True Cashback Card offers the 1.5% unlimited cashback that’s rather standard for the market, but it stands out from competitors by boosting earnings to 3% cashback for the first 6 months following approval (up to S$150). Alternative cards rarely offer such welcome bonuses or deals.


                                                                                              Another reason Amex True Cashback Card stands out is that cardholders have access to Amex’s unique and elite services. These top-notch benefits include Global Assist, American Express Selects, and True Cashback card-specific promotions. Many of these promotions offer wedding-related discounts and deals, which is rather rare. Ultimately, Amex True Cashback Card is the best option for you if you’re a high-spending Amex loyalist looking for boosted welcome rates.

                                                                                              PROMO: RECEIVE S$80 CAPITA VOUCHERS
                                                                                              American Express True Cashback offers unlimited 1.5% cashback on all purchases, boosted to 3% for the first 6 months since card approval.
                                                                                              • Pros
                                                                                                • Great Amex perks
                                                                                                • Straightforward, easy-to-use card
                                                                                                • Cons
                                                                                                  • Not suitable for lower budgets
                                                                                                  • Rewards general spend only
                                                                                                  • Annual fee: S$171.20 (first year - waived)
                                                                                                  • Get 1.5% cashback on all eligible spend, with no min. spend required and no cap
                                                                                                  • Get double the cashback at 3% on first S$5,000 spent within first 6 months
                                                                                                  • Free travel insurance up to S$350,000 when you purchase travel tickets with this card

                                                                                                  American Express True Cashback Card offers the 1.5% unlimited cashback that’s rather standard for the market, but it stands out from competitors by boosting earnings to 3% cashback for the first 6 months following approval (up to S$150). Alternative cards rarely offer such welcome bonuses or deals.


                                                                                                  Another reason Amex True Cashback Card stands out is that cardholders have access to Amex’s unique and elite services. These top-notch benefits include Global Assist, American Express Selects, and True Cashback card-specific promotions. Many of these promotions offer wedding-related discounts and deals, which is rather rare. Ultimately, Amex True Cashback Card is the best option for you if you’re a high-spending Amex loyalist looking for boosted welcome rates.

                                                                                                  Maybank FC Barcelona Visa Signature: Unlimited Cashback for Local Spend

                                                                                                  PROMO: GET S$100 CASH CREDIT
                                                                                                  Maybank FC Barcelona Card offers 1.6% unlimited cashback on all purchases. The only downside is this rate applies only to local spend.
                                                                                                  • Pros
                                                                                                    • Affluent consumers spending S$6,500+/month
                                                                                                    • High spenders with mostly local budgets
                                                                                                    • Football fans–especially of FC Barcelona
                                                                                                    • Cons
                                                                                                      • Frequent travellers with high overseas spend
                                                                                                      • People spending less than S$5,000/month
                                                                                                      • Consumers who prioritise travel perks & privileges
                                                                                                      • Annual fee: S$120
                                                                                                      • Unlimited 1.6% rebate on local spend
                                                                                                      • 2 Pts (0.8 miles) per S$1 on foreign currency transactions
                                                                                                      • Up to 10% discount at FC Barcelona official stores
                                                                                                      • Free travel insurance
                                                                                                      If you’re a high spender with a local budget and would like to avoid paying a fee, Maybank FC Barcelona Visa Signature Card offers the absolute highest flat unlimited rate for local spend, at 1.6% cashback. Cardholders also earn 2 points (0.8 miles) per S$1 spend overseas, but this is less competitive. However, unlike with other unlimited cards, consumers can earn a fee waiver with just S$10,000 annual spend. Other unique perks include sweepstakes and discounts of up to 10% at official FC Barcelona stores. Ultimately, Maybank FC Barcelona Card is the best option for affluent consumers who spend locally and want to avoid a fee.
                                                                                                      PROMO: GET S$100 CASH CREDIT
                                                                                                      Maybank FC Barcelona Card offers 1.6% unlimited cashback on all purchases. The only downside is this rate applies only to local spend.
                                                                                                      • Pros
                                                                                                        • Affluent consumers spending S$6,500+/month
                                                                                                        • High spenders with mostly local budgets
                                                                                                        • Football fans–especially of FC Barcelona
                                                                                                        • Cons
                                                                                                          • Frequent travellers with high overseas spend
                                                                                                          • People spending less than S$5,000/month
                                                                                                          • Consumers who prioritise travel perks & privileges
                                                                                                          • Annual fee: S$120
                                                                                                          • Unlimited 1.6% rebate on local spend
                                                                                                          • 2 Pts (0.8 miles) per S$1 on foreign currency transactions
                                                                                                          • Up to 10% discount at FC Barcelona official stores
                                                                                                          • Free travel insurance

                                                                                                          If you’re a high spender with a local budget and would like to avoid paying a fee, Maybank FC Barcelona Visa Signature Card offers the absolute highest flat unlimited rate for local spend, at 1.6% cashback. Cardholders also earn 2 points (0.8 miles) per S$1 spend overseas, but this is less competitive. However, unlike with other unlimited cards, consumers can earn a fee waiver with just S$10,000 annual spend. Other unique perks include sweepstakes and discounts of up to 10% at official FC Barcelona stores. Ultimately, Maybank FC Barcelona Card is the best option for affluent consumers who spend locally and want to avoid a fee.

                                                                                                          OCBC 90°N Card: Cashback & Miles for Big Budgets

                                                                                                          OCBC 90°N Card has a rather flexible rewards structure offering customers access to both miles and cashback. What's even better is that miles don't expire, there are no conversion fees and no caps or min spend requirements.
                                                                                                          • Pros
                                                                                                            • Versatile rewards: cashback or miles
                                                                                                            • Cashback: Unltd. 1.2% locally, 2.1% overseas
                                                                                                            • Miles: 1.2 mi/S$1 locally, 2.1 mi overseas
                                                                                                            • Annual bonus worth S$100 or 10k mi
                                                                                                            • No conversion fees & rewards never expire
                                                                                                            • Cons
                                                                                                              • Local rates are less competitive
                                                                                                              • No category-specific rewards boosts
                                                                                                              • Perks limited to discounted lounge access
                                                                                                              • S$192.60 fee waived just 1 year
                                                                                                              • Annual fee: S$192.60 (first year - waived)
                                                                                                              • Renewal bonus: 10,000 Travel$ (worth 10,000 miles or S$100)
                                                                                                              • Miles Option: 1.2 miles per S$1 locally, 2.1 miles overseas
                                                                                                              • Cashback Option: 1.2% rebate locally, 2.1% overseas
                                                                                                              • No conversion fees & rewards never expire
                                                                                                              • Access to Mastercard Airport Experiences
                                                                                                              OCBC 90°N Card is a great match for affluent consumers looking to earn cashback without worrying about caps–but occasionally switch to earning miles. Cardholders first each in Travel$; 1 Travel$ is equal to S$0.01 cash or 1 air mile. As such, cardholders can earn an unlimited 1.2% cashback locally and 2.1% overseas, or 1.2 miles per S$1 locally and 2.1 miles overseas. As cashback, OCBC 90°N's overseas rate is higher than any competitor's and does not have a minimum spend requirement (unlike the closest alternative); in terms of miles, the 2.1 rate for foreign currency spend is also higher than the 2 mile per S$1 market standard. In any case, rewards can be redeemed for cash or miles at an equivalent conversion rate and without redemption fees. This is in stark contrast to typical points cards that weaken the value of cash conversions and which charge S$25 per point-to-mile transfer.


                                                                                                              Cardholders can also take advantage of OCBC 90°N Card's generous bonus. Consumers receive 10,000 Travel$ every year, which can be redeemed for S$100 or 10,000 miles. This bonus offsets the already reasonable S$192.6 fee. Additionally, cardholders have discounted access to 1,000+ lounges worldwide (at US$32/person) through Mastercard Airport Experiences. All in all, OCBC 90°N Card is the most versatile option on the market for high spenders, offering top, uncapped rewards rates that can easily be redeemed as miles or cashback without added fees or complications.

                                                                                                              OCBC 90°N Card has a rather flexible rewards structure offering customers access to both miles and cashback. What's even better is that miles don't expire, there are no conversion fees and no caps or min spend requirements.
                                                                                                              • Pros
                                                                                                                • Versatile rewards: cashback or miles
                                                                                                                • Cashback: Unltd. 1.2% locally, 2.1% overseas
                                                                                                                • Miles: 1.2 mi/S$1 locally, 2.1 mi overseas
                                                                                                                • Annual bonus worth S$100 or 10k mi
                                                                                                                • No conversion fees & rewards never expire
                                                                                                                • Cons
                                                                                                                  • Local rates are less competitive
                                                                                                                  • No category-specific rewards boosts
                                                                                                                  • Perks limited to discounted lounge access
                                                                                                                  • S$192.60 fee waived just 1 year
                                                                                                                  • Annual fee: S$192.60 (first year - waived)
                                                                                                                  • Renewal bonus: 10,000 Travel$ (worth 10,000 miles or S$100)
                                                                                                                  • Miles Option: 1.2 miles per S$1 locally, 2.1 miles overseas
                                                                                                                  • Cashback Option: 1.2% rebate locally, 2.1% overseas
                                                                                                                  • No conversion fees & rewards never expire
                                                                                                                  • Access to Mastercard Airport Experiences

                                                                                                                  OCBC 90°N Card is a great match for affluent consumers looking to earn cashback without worrying about caps–but occasionally switch to earning miles. Cardholders first each in Travel$; 1 Travel$ is equal to S$0.01 cash or 1 air mile. As such, cardholders can earn an unlimited 1.2% cashback locally and 2.1% overseas, or 1.2 miles per S$1 locally and 2.1 miles overseas. As cashback, OCBC 90°N's overseas rate is higher than any competitor's and does not have a minimum spend requirement (unlike the closest alternative); in terms of miles, the 2.1 rate for foreign currency spend is also higher than the 2 mile per S$1 market standard. In any case, rewards can be redeemed for cash or miles at an equivalent conversion rate and without redemption fees. This is in stark contrast to typical points cards that weaken the value of cash conversions and which charge S$25 per point-to-mile transfer.


                                                                                                                  Cardholders can also take advantage of OCBC 90°N Card's generous bonus. Consumers receive 10,000 Travel$ every year, which can be redeemed for S$100 or 10,000 miles. This bonus offsets the already reasonable S$192.6 fee. Additionally, cardholders have discounted access to 1,000+ lounges worldwide (at US$32/person) through Mastercard Airport Experiences. All in all, OCBC 90°N Card is the most versatile option on the market for high spenders, offering top, uncapped rewards rates that can easily be redeemed as miles or cashback without added fees or complications.

                                                                                                                  CIMB Visa Infinite Card: Unlimited Cashback for Golfers & Travellers

                                                                                                                  CIMB Visa Infinite Card offers unlimited 2% cashback on travel, overseas and online foreign spend, making it a great option for frequent travellers and affluent customers.
                                                                                                                  • Pros
                                                                                                                    • Best fit for monthly budgets above S$2,000
                                                                                                                    • Unlimited 2% cashback on travel, overseas and online
                                                                                                                    • No annual fee credit card
                                                                                                                    • Cons
                                                                                                                      • Not suitable for spenders with local budgets
                                                                                                                      • Doesn't fit specialised budgets (ie dining, shopping) and infrequent travellers
                                                                                                                      • Annual fee: free for life
                                                                                                                      • Unlimited 2% cashback on all travel and overseas spend
                                                                                                                      • Unlimited 2% cashback on online spend in foreign currencies
                                                                                                                      • Unlimited 1% cashback on all other spend
                                                                                                                      • Complimentary green fees at 108 fairways across 16 countries
                                                                                                                      • Free travel insurance, 3 complimentary access to airport lounges
                                                                                                                      • Visa Infinite Concierge
                                                                                                                      • CIMB 0% Interest i.Pay Instalment Plan
                                                                                                                      CIMB Visa Infinite Card offers higher unlimited cashback for overseas and travel spend than any other card on the market, plus a few perks that are usually associated with travel cards. After S$2,000 spend, consumers earn an unlimited 2% cashback on travel (hotels, airlines, travel agencies), overseas and online spend in foreign currencies. All other spend earns unlimited 1% cashback with no minimum requirement. Even better, the card is free forever.


                                                                                                                      Extra perks include lounge access, discounted limo transfers, and free travel insurance–rarely offered by cashback cards. CIMB Visa Infinite also offers the best golfing privileges of any rebate card on the market, with up to 2 free games per month at 108 fairways across 16 countries. If you’re a frequent traveller or golfer with high overseas spend and prefer cashback to miles, CIMB Visa Infinite Card is the best option for you.

                                                                                                                      CIMB Visa Infinite Card offers unlimited 2% cashback on travel, overseas and online foreign spend, making it a great option for frequent travellers and affluent customers.
                                                                                                                      • Pros
                                                                                                                        • Best fit for monthly budgets above S$2,000
                                                                                                                        • Unlimited 2% cashback on travel, overseas and online
                                                                                                                        • No annual fee credit card
                                                                                                                        • Cons
                                                                                                                          • Not suitable for spenders with local budgets
                                                                                                                          • Doesn't fit specialised budgets (ie dining, shopping) and infrequent travellers
                                                                                                                          • Annual fee: free for life
                                                                                                                          • Unlimited 2% cashback on all travel and overseas spend
                                                                                                                          • Unlimited 2% cashback on online spend in foreign currencies
                                                                                                                          • Unlimited 1% cashback on all other spend
                                                                                                                          • Complimentary green fees at 108 fairways across 16 countries
                                                                                                                          • Free travel insurance, 3 complimentary access to airport lounges
                                                                                                                          • Visa Infinite Concierge
                                                                                                                          • CIMB 0% Interest i.Pay Instalment Plan

                                                                                                                          CIMB Visa Infinite Card offers higher unlimited cashback for overseas and travel spend than any other card on the market, plus a few perks that are usually associated with travel cards. After S$2,000 spend, consumers earn an unlimited 2% cashback on travel (hotels, airlines, travel agencies), overseas and online spend in foreign currencies. All other spend earns unlimited 1% cashback with no minimum requirement. Even better, the card is free forever.


                                                                                                                          Extra perks include lounge access, discounted limo transfers, and free travel insurance–rarely offered by cashback cards. CIMB Visa Infinite also offers the best golfing privileges of any rebate card on the market, with up to 2 free games per month at 108 fairways across 16 countries. If you’re a frequent traveller or golfer with high overseas spend and prefer cashback to miles, CIMB Visa Infinite Card is the best option for you.

                                                                                                                          UOB Absolute Cashback Card: Unlimited Cashback on All Spend

                                                                                                                          PROMO: GET S$150 CASHBACK
                                                                                                                          Currently, UOB Absolute Cashback Card offers the highest unlimited cashback rate on the market – 1.7%. With no mins, caps or restrictions, you can earn on dining, shopping, rent and insurance.
                                                                                                                          • Pros
                                                                                                                            • Unlimited cashback
                                                                                                                            • No min, caps or exclusions
                                                                                                                            • American Express Card privileges
                                                                                                                            • Cons
                                                                                                                              • Low cashback rate for smaller budgets
                                                                                                                              • Annual fee
                                                                                                                              • Annual fee: S$192.60 (first year - waived)
                                                                                                                              • 1.7% unlimited cashback
                                                                                                                              • No min spend and no spend exclusions
                                                                                                                              • Earn cashback on insurance payments, school fees, wallet top-ups
                                                                                                                              • Cashback also available on healthcare, utilities and telco bills and rental payments
                                                                                                                              UOB Absolute Cashback Card offers 1.7% limitless cashback, with no minimum spend and no exclusions. While a cashback rate of 1.7% isn't as high as other cashback cards on the market, higher rates often come with monthly caps. What makes this card unique is that you can actually earn cashback on all spend, even on categories often excluded by other cards, such as: insurance payments, school feels, medical bills and rental payments. Wallet top-ups, utilities and telco bills spend will also earn cashback.


                                                                                                                              Another benefit of UOB Absolute Cashback Card is the exclusive American Express Card privileges that you can enjoy, from complimentary 6-month FoundersCard membership to 50% savings on dining, shopping and accommodation. UOB Absolute also offers 20.8% savings at Shell stations and up to 24% savings at SPC.

                                                                                                                              PROMO: GET S$150 CASHBACK
                                                                                                                              Currently, UOB Absolute Cashback Card offers the highest unlimited cashback rate on the market – 1.7%. With no mins, caps or restrictions, you can earn on dining, shopping, rent and insurance.
                                                                                                                              • Pros
                                                                                                                                • Unlimited cashback
                                                                                                                                • No min, caps or exclusions
                                                                                                                                • American Express Card privileges
                                                                                                                                • Cons
                                                                                                                                  • Low cashback rate for smaller budgets
                                                                                                                                  • Annual fee
                                                                                                                                  • Annual fee: S$192.60 (first year - waived)
                                                                                                                                  • 1.7% unlimited cashback
                                                                                                                                  • No min spend and no spend exclusions
                                                                                                                                  • Earn cashback on insurance payments, school fees, wallet top-ups
                                                                                                                                  • Cashback also available on healthcare, utilities and telco bills and rental payments

                                                                                                                                  UOB Absolute Cashback Card offers 1.7% limitless cashback, with no minimum spend and no exclusions. While a cashback rate of 1.7% isn't as high as other cashback cards on the market, higher rates often come with monthly caps. What makes this card unique is that you can actually earn cashback on all spend, even on categories often excluded by other cards, such as: insurance payments, school feels, medical bills and rental payments. Wallet top-ups, utilities and telco bills spend will also earn cashback.


                                                                                                                                  Another benefit of UOB Absolute Cashback Card is the exclusive American Express Card privileges that you can enjoy, from complimentary 6-month FoundersCard membership to 50% savings on dining, shopping and accommodation. UOB Absolute also offers 20.8% savings at Shell stations and up to 24% savings at SPC.

                                                                                                                                  Best Cashback Credit Cards for Lower Spenders

                                                                                                                                  If you have a limited budget, you can still maximise rewards for spend with these credit cards.

                                                                                                                                  OCBC Frank Card: Easy Cashback for Online Spend

                                                                                                                                  PROMO: GET S$50 CASHBACK
                                                                                                                                  OCBC Frank Card is a great fit for young professionals, with its low min spend requirement (S$600) and 6% cashback on all online and contactless spend, as well as foreign currency purchases.
                                                                                                                                  • Pros
                                                                                                                                    • 6% rebate on online, mobile contactless, and FX spend
                                                                                                                                    • Fee waiver with S$10,000 annual spend
                                                                                                                                    • Cons
                                                                                                                                      • 0.3% rebate on general purchases
                                                                                                                                      • Annual fee after 2 years
                                                                                                                                      • Capped cashback at S$75
                                                                                                                                      • Annual fee: S$80 (waived for two years)
                                                                                                                                      • Automatic annual fee waiver with min annual spend of S$10,000
                                                                                                                                      • 6% rebate on online and app spend
                                                                                                                                      • 6% rebate on mobile contactless payments (Apple Pay, Samsung Pay, Google Pay, Garmin Pay and Fitbit Pay)
                                                                                                                                      • 6% rebate on foreign currency spend
                                                                                                                                      • 0.3% cashback on all other spend
                                                                                                                                      • Monthly cashback capped at S$75
                                                                                                                                      If you’re looking to earn affordable cashback for digital expenditures, OCBC Frank Cardis a great option, offering 6% on all FX, online, and mobile contactless purchases. Overall, cardholders can earn up to S$75/month (S$25/FX & mobile, S$25/online, S$25/general).

                                                                                                                                      What really makes OCBC Frank Card stand out, however, is its remarkably low minimum spend requirement–just S$600. OCBC Frank Card’s S$80.00 fee is also waived 2 years, and then with S$10,000 annual spend, while direct competitors do not offer a waiver. Ultimately, OCBC Frank Card is remarkably accessible, and allows individuals with lower spend to access top rates for online spend.

                                                                                                                                      PROMO: GET S$50 CASHBACK
                                                                                                                                      OCBC Frank Card is a great fit for young professionals, with its low min spend requirement (S$600) and 6% cashback on all online and contactless spend, as well as foreign currency purchases.
                                                                                                                                      • Pros
                                                                                                                                        • 6% rebate on online, mobile contactless, and FX spend
                                                                                                                                        • Fee waiver with S$10,000 annual spend
                                                                                                                                        • Cons
                                                                                                                                          • 0.3% rebate on general purchases
                                                                                                                                          • Annual fee after 2 years
                                                                                                                                          • Capped cashback at S$75
                                                                                                                                          • Annual fee: S$80 (waived for two years)
                                                                                                                                          • Automatic annual fee waiver with min annual spend of S$10,000
                                                                                                                                          • 6% rebate on online and app spend
                                                                                                                                          • 6% rebate on mobile contactless payments (Apple Pay, Samsung Pay, Google Pay, Garmin Pay and Fitbit Pay)
                                                                                                                                          • 6% rebate on foreign currency spend
                                                                                                                                          • 0.3% cashback on all other spend
                                                                                                                                          • Monthly cashback capped at S$75

                                                                                                                                          If you’re looking to earn affordable cashback for digital expenditures, OCBC Frank Card is a great option, offering 6% on all FX, online, and mobile contactless purchases. Overall, cardholders can earn up to S$75/month (S$25/FX & mobile, S$25/online, S$25/general).

                                                                                                                                          What really makes OCBC Frank Card stand out, however, is its remarkably low minimum spend requirement–just S$600. OCBC Frank Card’s S$80.00 fee is also waived 2 years, and then with S$10,000 annual spend, while direct competitors do not offer a waiver. Ultimately, OCBC Frank Card is remarkably accessible, and allows individuals with lower spend to access top rates for online spend.

                                                                                                                                          Citi SMRT Card: Popular Rebates for Young Professionals

                                                                                                                                          Citi SMRT is a great fit for young professionals who often commute to work. With this card, you can earn 5% cashback on groceries, online spend, taxis and EZ-Link Auto top-up, all with S$500 min monthly spend.
                                                                                                                                          • Pros
                                                                                                                                            • Good rewards rates for modest budgets
                                                                                                                                            • SMRT$ rewards on EZ-Reload transactions
                                                                                                                                            • Cons
                                                                                                                                              • Not suitable for higher budgets
                                                                                                                                              • Lacks travel and overseas rewards
                                                                                                                                              • Annual fee: S$192.60 (first 2 years- waived)
                                                                                                                                              • 5% cashback on groceries and online spend
                                                                                                                                              • 5% on EZ-Link Auto Top-Up SimplyGo
                                                                                                                                              • 5% on Taxis and private-hire rides
                                                                                                                                              • Up to 14% fuel savings at Esso and Shell
                                                                                                                                              • S$600 cap on SMRT$ rebate annually
                                                                                                                                              If you’re looking for balanced cashback for both essential and social spend, Citi SMRT Card is a great option and has no minimum spend requirement. Cardholders earn 5% cashback on groceries, online purchases, taxi and public transport rides with minimum monthly spend of S$500. Monthly spend below S$500 and spend on other categories will earn 0.3% cashback.


                                                                                                                                              Another key benefit of Citi SMRT Card is that it’s EZ-Link compatible, making it ideal for commuters. The annual fee of S$192.60 is also waived for full 2 years. Other card benefits include Citi World Privileges discounts, Citi PayLite which is an installment programme and Citi Quick Cash. Overall, Citi SMRT Card is an excellent option for young professionals on a budget.

                                                                                                                                              Citi SMRT is a great fit for young professionals who often commute to work. With this card, you can earn 5% cashback on groceries, online spend, taxis and EZ-Link Auto top-up, all with S$500 min monthly spend.
                                                                                                                                              • Pros
                                                                                                                                                • Good rewards rates for modest budgets
                                                                                                                                                • SMRT$ rewards on EZ-Reload transactions
                                                                                                                                                • Cons
                                                                                                                                                  • Not suitable for higher budgets
                                                                                                                                                  • Lacks travel and overseas rewards
                                                                                                                                                  • Annual fee: S$192.60 (first 2 years- waived)
                                                                                                                                                  • 5% cashback on groceries and online spend
                                                                                                                                                  • 5% on EZ-Link Auto Top-Up SimplyGo
                                                                                                                                                  • 5% on Taxis and private-hire rides
                                                                                                                                                  • Up to 14% fuel savings at Esso and Shell
                                                                                                                                                  • S$600 cap on SMRT$ rebate annually

                                                                                                                                                  If you’re looking for balanced cashback for both essential and social spend, Citi SMRT Card is a great option and has no minimum spend requirement. Cardholders earn 5% cashback on groceries, online purchases, taxi and public transport rides with minimum monthly spend of S$500. Monthly spend below S$500 and spend on other categories will earn 0.3% cashback.


                                                                                                                                                  Another key benefit of Citi SMRT Card is that it’s EZ-Link compatible, making it ideal for commuters. The annual fee of S$192.60 is also waived for full 2 years. Other card benefits include Citi World Privileges discounts, Citi PayLite which is an installment programme and Citi Quick Cash. Overall, Citi SMRT Card is an excellent option for young professionals on a budget.

                                                                                                                                                  Maybank Platinum Visa: Top Rebates for Small Budgets

                                                                                                                                                  PROMO: GET S$100 CASH CREDIT
                                                                                                                                                  Maybank Platinum Visa rewards consistent spenders. Those who spend at least S$300/mo for a quarter will earn up to 3.33% cash rebate on all local and foreign currency spend (cashback capped at S$100 per quarter).
                                                                                                                                                  • Pros
                                                                                                                                                    • Great starter card for young adults
                                                                                                                                                    • Good fit for budgets between S$300 and S$500/month
                                                                                                                                                    • S$80 annual fee
                                                                                                                                                    • Cons
                                                                                                                                                      • Few extra perks
                                                                                                                                                      • Doesn't award specialised spend (ie dining, shopping)
                                                                                                                                                      • Annual fee: S$80 (3 years fee waiver)
                                                                                                                                                      • Subsequently quarterly service fee is waived w/ card use at least 1x/quarter
                                                                                                                                                      • Up to 3.33% on all local and foreign currency spend
                                                                                                                                                      • $30 quarterly rebate with at least S$300 monthly spend
                                                                                                                                                      • S$100 quarterly rebate with at least S$1,000 monthly spend
                                                                                                                                                      • Free travel insurance
                                                                                                                                                      If you spend between S$300 to S$500 monthly, Maybank Platinum Visa Card is the best way to maximise cashback on nearly all of your purchases. Most rebate cards require S$500+ minimum spend, but consumers with Maybank Platinum Visa Card receive S$30/quarter with just S$300/month spend. That adds up to S$120 annual earnings with just S$1,200 annual spend–far more than you could earn with the 0.3% base rate offered by competitors.


                                                                                                                                                      Consumers who spend S$1,000/month can earn S$100/quarter, but it’s worth mentioning that competitor cards offer better rates at this spend level. Nonetheless, Maybank Platinum Visa Card is an exceptional option for lower spenders because it offers access to high rates with minimal spend. Even better, quarterly fees are waived simply with card use, making Maybank Platinum Visa Card essentially maintenance-free.

                                                                                                                                                      PROMO: GET S$100 CASH CREDIT
                                                                                                                                                      Maybank Platinum Visa rewards consistent spenders. Those who spend at least S$300/mo for a quarter will earn up to 3.33% cash rebate on all local and foreign currency spend (cashback capped at S$100 per quarter).
                                                                                                                                                      • Pros
                                                                                                                                                        • Great starter card for young adults
                                                                                                                                                        • Good fit for budgets between S$300 and S$500/month
                                                                                                                                                        • S$80 annual fee
                                                                                                                                                        • Cons
                                                                                                                                                          • Few extra perks
                                                                                                                                                          • Doesn't award specialised spend (ie dining, shopping)
                                                                                                                                                          • Annual fee: S$80 (3 years fee waiver)
                                                                                                                                                          • Subsequently quarterly service fee is waived w/ card use at least 1x/quarter
                                                                                                                                                          • Up to 3.33% on all local and foreign currency spend
                                                                                                                                                          • $30 quarterly rebate with at least S$300 monthly spend
                                                                                                                                                          • S$100 quarterly rebate with at least S$1,000 monthly spend
                                                                                                                                                          • Free travel insurance

                                                                                                                                                          If you spend between S$300 to S$500 monthly, Maybank Platinum Visa Card is the best way to maximise cashback on nearly all of your purchases. Most rebate cards require S$500+ minimum spend, but consumers with Maybank Platinum Visa Card receive S$30/quarter with just S$300/month spend. That adds up to S$120 annual earnings with just S$1,200 annual spend–far more than you could earn with the 0.3% base rate offered by competitors.


                                                                                                                                                          Consumers who spend S$1,000/month can earn S$100/quarter, but it’s worth mentioning that competitor cards offer better rates at this spend level. Nonetheless, Maybank Platinum Visa Card is an exceptional option for lower spenders because it offers access to high rates with minimal spend. Even better, quarterly fees are waived simply with card use, making Maybank Platinum Visa Card essentially maintenance-free.

                                                                                                                                                          Best Cashback Credit Cards for Online Shopping

                                                                                                                                                          Many shopper cards only offer miles rewards; the following options offer cashback for online spend.

                                                                                                                                                          Standard Chartered SingPost Spree: Online Rebates for Low Spenders

                                                                                                                                                          Standard Chartered Spree Credit Card
                                                                                                                                                          Standard Chartered Spree Credit Card
                                                                                                                                                          With Standard Chartered SingPost Spree you can earn 3% cashback on all online purchases in foreign currency and all vPost spend. All other retail spend earns 1% cashback.
                                                                                                                                                          • Pros
                                                                                                                                                            • Great for monthly budgets below S$500
                                                                                                                                                            • Rewards overseas retailer shopping
                                                                                                                                                            • Cons
                                                                                                                                                              • Not suitable for monthly budgets of S$500+
                                                                                                                                                              • Lacks local shopping rewards
                                                                                                                                                              • Annual fee: S$192.60 (waived for the first 2 years)
                                                                                                                                                              • 3% cashback on foreign online & vPost transactions, 2% local online & contactless transactions
                                                                                                                                                              • 1% cashback on general spend
                                                                                                                                                              • Up to 20% discounts with vPost, SmartPac, Lock+Smart
                                                                                                                                                              • Online Price Guarantee & 0% Interest Instalment Plan
                                                                                                                                                              • Up to 19.8% fuel savings with Caltex
                                                                                                                                                              If you mostly shop online with overseas vendors and have a limited budget, Standard Chartered SingPost Spree Card offers an affordable way to earn rebates and special discounts. Cardholders earn 3% cashback on foreign online & vPost transactions, 2% on local online & contactless transactions, and 1% on general retail. There are no minimum spend requirements to access these rates. Even better, SC SingPost Spree also provides access to shipping and packaging discounts, making overseas shopping even easier. Ultimately, if you're a lower spender, SC SingPost Spree Card might be the best option to maximise your online overseas spend.
                                                                                                                                                              Standard Chartered Spree Credit Card
                                                                                                                                                              Standard Chartered Spree Credit Card
                                                                                                                                                              With Standard Chartered SingPost Spree you can earn 3% cashback on all online purchases in foreign currency and all vPost spend. All other retail spend earns 1% cashback.
                                                                                                                                                              • Pros
                                                                                                                                                                • Great for monthly budgets below S$500
                                                                                                                                                                • Rewards overseas retailer shopping
                                                                                                                                                                • Cons
                                                                                                                                                                  • Not suitable for monthly budgets of S$500+
                                                                                                                                                                  • Lacks local shopping rewards
                                                                                                                                                                  • Annual fee: S$192.60 (waived for the first 2 years)
                                                                                                                                                                  • 3% cashback on foreign online & vPost transactions, 2% local online & contactless transactions
                                                                                                                                                                  • 1% cashback on general spend
                                                                                                                                                                  • Up to 20% discounts with vPost, SmartPac, Lock+Smart
                                                                                                                                                                  • Online Price Guarantee & 0% Interest Instalment Plan
                                                                                                                                                                  • Up to 19.8% fuel savings with Caltex

                                                                                                                                                                  If you mostly shop online with overseas vendors and have a limited budget, Standard Chartered SingPost Spree Card offers an affordable way to earn rebates and special discounts. Cardholders earn 3% cashback on foreign online & vPost transactions, 2% on local online & contactless transactions, and 1% on general retail. There are no minimum spend requirements to access these rates. Even better, SC SingPost Spree also provides access to shipping and packaging discounts, making overseas shopping even easier. Ultimately, if you're a lower spender, SC SingPost Spree Card might be the best option to maximise your online overseas spend.

                                                                                                                                                                  DBS Live Fresh: Rebates on Online & Contactless Spend

                                                                                                                                                                  PROMO: USE CODE AUGFLASH TO GET S$300 CASHBACK
                                                                                                                                                                  In addition to offering cashback on online and contactless spend (5%),as many other cards do for young spenders, what makes it stand out is that it also rewards spend at eco-friendly merchants with 5% cashback.
                                                                                                                                                                  • Pros
                                                                                                                                                                    • Great rewards on contactless payment methods (Visa payWave)
                                                                                                                                                                    • Green cashback on eco-eateries and retailers
                                                                                                                                                                    • Various entertainment discounts and promotions
                                                                                                                                                                    • Cons
                                                                                                                                                                      • Lacks travel and overseas spend rewards
                                                                                                                                                                      • Not suitable for low budgets
                                                                                                                                                                      • Annual fee: S$192.60 (first year- waived)
                                                                                                                                                                      • 5% rebate on online spend & visa contactless spend, including games purhases and SimplyGo rides
                                                                                                                                                                      • Additional 5% cashback on sustainable spend (eco-eateries, eco-retailers and eco-transport)
                                                                                                                                                                      • 0.3% cashback on all other spend
                                                                                                                                                                      • Split your income tax, education and insurance payments with 0% interest and no fees with DBS Payment Plan
                                                                                                                                                                      • 14% fuel savings at Esso
                                                                                                                                                                      • Cashback capped at S$75/month
                                                                                                                                                                      If you're a tech-friendly consumer and feel comfortable paying with a digital wallet, you may be interested in DBS Live Fresh Card. Cardholders can earn up to 5% rebate on their online purchases as well as contactless transactions. There's a S$600 minimum spend requirement to access these rates, but given the rewards structure, it's possible to earn cashback on nearly all purchases. Finally, DBS Live Fresh Card is SimplyGo compatible, adding to its overall convenience.
                                                                                                                                                                      PROMO: USE CODE AUGFLASH TO GET S$300 CASHBACK
                                                                                                                                                                      In addition to offering cashback on online and contactless spend (5%),as many other cards do for young spenders, what makes it stand out is that it also rewards spend at eco-friendly merchants with 5% cashback.
                                                                                                                                                                      • Pros
                                                                                                                                                                        • Great rewards on contactless payment methods (Visa payWave)
                                                                                                                                                                        • Green cashback on eco-eateries and retailers
                                                                                                                                                                        • Various entertainment discounts and promotions
                                                                                                                                                                        • Cons
                                                                                                                                                                          • Lacks travel and overseas spend rewards
                                                                                                                                                                          • Not suitable for low budgets
                                                                                                                                                                          • Annual fee: S$192.60 (first year- waived)
                                                                                                                                                                          • 5% rebate on online spend & visa contactless spend, including games purhases and SimplyGo rides
                                                                                                                                                                          • Additional 5% cashback on sustainable spend (eco-eateries, eco-retailers and eco-transport)
                                                                                                                                                                          • 0.3% cashback on all other spend
                                                                                                                                                                          • Split your income tax, education and insurance payments with 0% interest and no fees with DBS Payment Plan
                                                                                                                                                                          • 14% fuel savings at Esso
                                                                                                                                                                          • Cashback capped at S$75/month

                                                                                                                                                                          If you're a tech-friendly consumer and feel comfortable paying with a digital wallet, you may be interested in DBS Live Fresh Card. Cardholders can earn up to 5% rebate on their online purchases as well as contactless transactions. There's a S$600 minimum spend requirement to access these rates, but given the rewards structure, it's possible to earn cashback on nearly all purchases. Finally, DBS Live Fresh Card is EZ-Link compatible, adding to its overall convenience.

                                                                                                                                                                          CIMB Visa Signature: Cashback for Online & Beauty Spend

                                                                                                                                                                          With CIMB Visa Signature you can earn 10% cashback on online shopping, groceries, beauty, pet shops and cruises. In addition, 0.2% unlimited cashback on all other spend.
                                                                                                                                                                          • Pros
                                                                                                                                                                            • Rewards online shopping, groceries and beauty spend
                                                                                                                                                                            • Rewards pet spend and cruises
                                                                                                                                                                            • No annual fee credit card
                                                                                                                                                                            • Cons
                                                                                                                                                                              • Lacks discounts on transport & petrol
                                                                                                                                                                              • Speciliazed spend
                                                                                                                                                                              • Doesn't fit frequent travellers
                                                                                                                                                                              • Annual fee: free for life
                                                                                                                                                                              • 10% cashback on groceries, online shopping, beauty, petcare & cruises
                                                                                                                                                                              • Unlimited 0.2% cashback on all other spend
                                                                                                                                                                              • Free travel insurance & global concierge
                                                                                                                                                                              • CIMB 0% Interest i.Pay Instalment Plan
                                                                                                                                                                              CIMB Visa Signature Card is definitely worth considering if you're seeking rebates on both groceries as well as select discretionary spend, all without an annual fee. Spend on groceries, online shopping, beauty, petcare and cruise lines all earn 10% cashback, up to S$20/month per category, with total cashback capped at S$100/month. In fact, this card is especially great for consumers with pets, as most credit cards reward this category at base rates as low as 0.2% cashback.


                                                                                                                                                                              In order to access these rates, cardholders must reach a S$800 minimum spend, which is in-line with market standards. And, while the categories are quite unique, CIMB Visa Signature Card is still worth considering–even if you spend on them irregularly–as there's no annual fee. Finally, this card also comes with attractive perks like free travel insurance and access to CIMB Deals & Discounts.

                                                                                                                                                                              With CIMB Visa Signature you can earn 10% cashback on online shopping, groceries, beauty, pet shops and cruises. In addition, 0.2% unlimited cashback on all other spend.
                                                                                                                                                                              • Pros
                                                                                                                                                                                • Rewards online shopping, groceries and beauty spend
                                                                                                                                                                                • Rewards pet spend and cruises
                                                                                                                                                                                • No annual fee credit card
                                                                                                                                                                                • Cons
                                                                                                                                                                                  • Lacks discounts on transport & petrol
                                                                                                                                                                                  • Speciliazed spend
                                                                                                                                                                                  • Doesn't fit frequent travellers
                                                                                                                                                                                  • Annual fee: free for life
                                                                                                                                                                                  • 10% cashback on groceries, online shopping, beauty, petcare & cruises
                                                                                                                                                                                  • Unlimited 0.2% cashback on all other spend
                                                                                                                                                                                  • Free travel insurance & global concierge
                                                                                                                                                                                  • CIMB 0% Interest i.Pay Instalment Plan

                                                                                                                                                                                  CIMB Visa Signature Card is definitely worth considering if you're seeking rebates on both groceries as well as select discretionary spend, all without an annual fee. Spend on groceries, online shopping, beauty, petcare and cruise lines all earn 10% cashback, up to S$20/month per category, with total cashback capped at S$100/month. In fact, this card is especially great for consumers with pets, as most credit cards reward this category at base rates as low as 0.2% cashback.


                                                                                                                                                                                  In order to access these rates, cardholders must reach a S$800 minimum spend, which is in-line with market standards. And, while the categories are quite unique, CIMB Visa Signature Card is still worth considering–even if you spend on them irregularly–as there's no annual fee. Finally, this card also comes with attractive perks like free travel insurance and access to CIMB Deals & Discounts.

                                                                                                                                                                                  Best Cashback Cards for Leisure & Entertainment

                                                                                                                                                                                  With these credit cards, you may be able to earn rebates on your social or hobby-related spend.

                                                                                                                                                                                  UOB EVOL Card: Rebates on Contactless and Online Spend

                                                                                                                                                                                  PROMO: GET APPLE WATCH OR NINTENDO SWITCH
                                                                                                                                                                                  In addition to being the first bio-sourced card in the region offering discounts on eco-friendly merchants, UOB EVOL Card offers young spender 8% cashback on all online and contactless spend.
                                                                                                                                                                                  • Pros
                                                                                                                                                                                    • Easy to use cashback card
                                                                                                                                                                                    • Annual fee waived with 3 transactions per month
                                                                                                                                                                                    • Great for budgets of at least S$600/month
                                                                                                                                                                                    • Rewards all online and mobile spend
                                                                                                                                                                                    • Cons
                                                                                                                                                                                      • Lacks cashback on essentials (ie groceries, bills)
                                                                                                                                                                                      • Cashback capped at S$60/mo
                                                                                                                                                                                      • Annual fee: S$192.60 (first year- waived)
                                                                                                                                                                                      • Subsequently waived after you make 3 transactions monthly
                                                                                                                                                                                      • 8% cashback on online and mobile contactless spend
                                                                                                                                                                                      • 0.3% cashback on all other spend
                                                                                                                                                                                      • S$600 min spend, S$60 cashback cap
                                                                                                                                                                                      • Southeast Asia’s first bio-sourced card
                                                                                                                                                                                      UOB EVOL Card offers an excellent way to earn cashback on a wide variety of spend. Cardholders who reach the S$600 minimum spend requirement earn 8% cashback on two broad categories: any purchases made online and any purchases made with contactless pay apps such as Apple Pay and Google Pay.


                                                                                                                                                                                      This versatility makes UOB EVOL Card a great choice for just about any type of spend, including entertainment expenses. Cardholders are able to earn up to S$60 in monthly rebates, split across the three categories of online, contactless and general spend. An annual fee of S$192.60 is waived in the first year, and can be avoided later on by making at least 3 transactions with your UOB EVOL Card every month for 12 months.

                                                                                                                                                                                      PROMO: GET APPLE WATCH OR NINTENDO SWITCH
                                                                                                                                                                                      In addition to being the first bio-sourced card in the region offering discounts on eco-friendly merchants, UOB EVOL Card offers young spender 8% cashback on all online and contactless spend.
                                                                                                                                                                                      • Pros
                                                                                                                                                                                        • Easy to use cashback card
                                                                                                                                                                                        • Annual fee waived with 3 transactions per month
                                                                                                                                                                                        • Great for budgets of at least S$600/month
                                                                                                                                                                                        • Rewards all online and mobile spend
                                                                                                                                                                                        • Cons
                                                                                                                                                                                          • Lacks cashback on essentials (ie groceries, bills)
                                                                                                                                                                                          • Cashback capped at S$60/mo
                                                                                                                                                                                          • Annual fee: S$192.60 (first year- waived)
                                                                                                                                                                                          • Subsequently waived after you make 3 transactions monthly
                                                                                                                                                                                          • 8% cashback on online and mobile contactless spend
                                                                                                                                                                                          • 0.3% cashback on all other spend
                                                                                                                                                                                          • S$600 min spend, S$60 cashback cap
                                                                                                                                                                                          • Southeast Asia’s first bio-sourced card

                                                                                                                                                                                          UOB EVOL Card offers an excellent way to earn cashback on a wide variety of spend. Cardholders who reach the S$600 minimum spend requirement earn 8% cashback on two broad categories: any purchases made online and any purchases made with contactless pay apps such as Apple Pay and Google Pay.


                                                                                                                                                                                          This versatility makes UOB EVOL Card a great choice for just about any type of spend, including entertainment expenses. Cardholders are able to earn up to S$60 in monthly rebates, split across the three categories of online, contactless and general spend. An annual fee of S$192.60 is waived in the first year, and can be avoided later on by making at least 3 transactions with your UOB EVOL Card every month for 12 months.

                                                                                                                                                                                          CIMB World MasterCard: Top Cashback Big Leisure Budgets

                                                                                                                                                                                          CIMB World MasterCard offers unlimited 2% cashback on dining, entertainment, automobile and duty free shopping and 1.5% unlimited cashback on all other spend. It also comes with golf perks.
                                                                                                                                                                                          • Pros
                                                                                                                                                                                            • Great fit for big leisure budgets
                                                                                                                                                                                            • Rewards dining, entertainment and duty free shopping
                                                                                                                                                                                            • Perks for avid golfers
                                                                                                                                                                                            • No-fee & maintenance free cashback card
                                                                                                                                                                                            • Cons
                                                                                                                                                                                              • Lack cashback on essentials (ie groceries, bills)
                                                                                                                                                                                              • Doesn't reward airline & hotel spend
                                                                                                                                                                                              • Doesn't fit monthly budgets of S$3,000/month and below
                                                                                                                                                                                              • Annual fee: free for life
                                                                                                                                                                                              • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
                                                                                                                                                                                              • Unlimited 1.5% cashback on all other spend
                                                                                                                                                                                              • 50% off green fees at select fairways in Asia
                                                                                                                                                                                              • Free travel insurance, access to MasterCard Airport Experiences
                                                                                                                                                                                              • CIMB 0% Interest i.Pay Instalment Plan
                                                                                                                                                                                              CIMB World MasterCard is the best cashback card for social high spenders on the market, and never charges an annual fee. Cardholders earn 1.5% unlimited cashback on all spend, which aligns with similar cards. However, CIMB World Card offers a boosted 2% rate for spend on leisure, including wine & dine, entertainment, recreation, automobile & parking, petrol and spend at duty-free stores. In addition to allowing consumers to earn up to their full rewards potential, CIMB World also provides perks like free travel insurance, lounge access and up to 50% off green fees. And, to top it all off, cardholders never have to pay an annual fee.
                                                                                                                                                                                              CIMB World MasterCard offers unlimited 2% cashback on dining, entertainment, automobile and duty free shopping and 1.5% unlimited cashback on all other spend. It also comes with golf perks.
                                                                                                                                                                                              • Pros
                                                                                                                                                                                                • Great fit for big leisure budgets
                                                                                                                                                                                                • Rewards dining, entertainment and duty free shopping
                                                                                                                                                                                                • Perks for avid golfers
                                                                                                                                                                                                • No-fee & maintenance free cashback card
                                                                                                                                                                                                • Cons
                                                                                                                                                                                                  • Lack cashback on essentials (ie groceries, bills)
                                                                                                                                                                                                  • Doesn't reward airline & hotel spend
                                                                                                                                                                                                  • Doesn't fit monthly budgets of S$3,000/month and below
                                                                                                                                                                                                  • Annual fee: free for life
                                                                                                                                                                                                  • Unlimited 2% cashback on wine & dine, entertainment, recreation, automobile & parking, petrol, and duty-free stores spend (locally & overseas)
                                                                                                                                                                                                  • Unlimited 1.5% cashback on all other spend
                                                                                                                                                                                                  • 50% off green fees at select fairways in Asia
                                                                                                                                                                                                  • Free travel insurance, access to MasterCard Airport Experiences
                                                                                                                                                                                                  • CIMB 0% Interest i.Pay Instalment Plan

                                                                                                                                                                                                  an annual fee. Cardholders earn 1.5% unlimited cashback on all spend, which aligns with similar cards. However, CIMB World Card offers a boosted 2% rate for spend on leisure, including wine & dine, entertainment, recreation, automobile & parking, petrol and spend at duty-free stores. In addition to allowing consumers to earn up to their full rewards potential, CIMB World also provides perks like free travel insurance, lounge access and up to 50% off green fees. And, to top it all off, cardholders never have to pay an annual fee.

                                                                                                                                                                                                  Best Cashback Credit Cards in Singapore

                                                                                                                                                                                                  Credit CardBest ForRate
                                                                                                                                                                                                  Maybank Family & FriendsEveryday household spend8%
                                                                                                                                                                                                  OCBC FrankOnline, mobile and foreign currency spend6%
                                                                                                                                                                                                  Citi Cash BackDining, groceries and petrol6%-8%
                                                                                                                                                                                                  POSB EverydayDeliveroo and foodpanda deals10%
                                                                                                                                                                                                  UOB OneShopee, Dairy Farm and Grab deals10%
                                                                                                                                                                                                  UOB EVOLOnline, mobile spend & sustainable deals8%
                                                                                                                                                                                                  UOB Absolute CashbackUnlimited cashback on often excluded categories1.7%

                                                                                                                                                                                                  FAQs

                                                                                                                                                                                                  A cashback credit card is a credit card that gives you a percentage of your spend back in cash, credited to your card. Some cashback cards will credit your account with cashback for your monthly purchases allowing you to choose which purchases to use that credit on, while others will credit your account automatically.

                                                                                                                                                                                                  If your cashback credit card offers 5% cashback on all spend, then spending S$200 will earn you a S$10 credit on your card. However, it is important to keep in mind that most cards have a cap on how much cashback you can earn per month, quarter or year, as well as a minimum required spend per month to qualify for cashback. That is why selecting the right credit card for your spending profile is so crucial.

                                                                                                                                                                                                  A cashback credit card is worth it if you are able to pay off your monthly credit card balance. Otherwise the cashback you will earn on your purchases will be outweighed by the interest you will have to pay on your balance. Read our guide to find the best cashback credit card for you.

                                                                                                                                                                                                  The biggest difference between cashback, points, and miles is the flexibility they provide to consumers. While similar, they each have distinct characteristics.

                                                                                                                                                                                                  Cashback rewards are perhaps the most flexible. When you make purchases on a cashback card, a designated percent of that spend value is returned to your account, often to offset your monthly bill. For example, 5% cashback on a S$100 eligible purchase means S$5 are credited back to your account.

                                                                                                                                                                                                  Points rewards are also fairly flexible, because they can usually be redeemed for merchandise vouchers, air miles, or even cash credits. Every card issuer’s rewards system is a little different, so it’s worth checking out the terms and conditions for details. A benefit of points systems is that they are often paired with coupons and discounts with popular merchants. A drawback, however, is that converting points to miles often incurs a S$25 administrative fee.

                                                                                                                                                                                                  Miles rewards are the least flexible, but can be more valuable to frequent travellers than points or cashback. Often, miles earned by spend on the card are directly transferred to the cardholder’s frequent flyer airline account. This means cardholders don’t need to worry about conversion fees or the hassle of manual transfers. In terms of value, 1 mile often equals between S$0.01 to S$0.08 in value-to-consumer.

                                                                                                                                                                                                  The value of credit card rewards depends on how much effort you are willing to put in to redeem them, and how likely you will be to apply them. For example, while frequent travellers may be interested in points or miles rewards cards, those who don’t want to deal with the hassle of conversions or who are less likely to travel may prefer cashback. In fact, cash rebates are usually automatically applied to the next monthly statement, with no action required by the cardholder. Cashback is low-maintenance and worry-free, so if you’re looking for rewards that are easy and straightforward, cashback may be the best option for you.

                                                                                                                                                                                                  To determine which type of credit card is best for you, it’s important to understand how much value they’ll ultimately provide–how much money do you get back for the amount you spend? While comparing cashback to cashback or miles to miles is fairly easy, it can be difficult when you want to compare cashback rewards to miles rewards.

                                                                                                                                                                                                  To figure out a credit card’s rewards rate, you first need to determine the worth of its miles or points. How many points (or miles) are needed to redeem a certain prize? Divide the dollar value of that prize by the number of points needed for redemption. This tells you the dollar value per point. Next, multiply this value by the number of points earned for every S$100 spent to determine the rewards rate. We have collected data to calculate value of miles, which generally range from 1 cent to 8 cents per mile. Value of points will differ depending on the issuing bank's policies.

                                                                                                                                                                                                  Finally, each card offers differently structured reward programs. For example, some cards will rebate 10% on dining, but will only yield 0.2% on other expenses. By understanding how your own monthly expenses are generally distributed across different categories, you can better calculate how much money you can save by using a card.

                                                                                                                                                                                                  This analysis can help you accurately evaluate which card will result in the highest benefits for your budget.

                                                                                                                                                                                                  UOB One Card, POSB Everyday Card and CIMB Visa Signature Card all offer the highest cashback rates on certain categories, up to 10%. Where they differ is the minimum spend required and the monthly cashback caps. UOB One Card requires S$2,000 monthly minimum spend and awards maximum S$100 cashback per month. POSB Everyday Card requires minimum S$800 monthly spend and caps its cashback at S$30/month. CIMB Visa Signature Card also requires minimum S$800 monthly spend but its monthly caps is much higher at S$100 per month. Maybank Family & Friends MasterCard offers the highest cashback cap with a relatively low monthly spend requirement - with minimum S$800 customers can earn 8% cashback capped at S$125 per month.

                                                                                                                                                                                                  This largely depends on your average monthly spending. Among the best cashback cards with minimum spend requirement, Maybank Family & Friends awards highest cashback of S$125 with S$800 minimum monthly spend. For those with higher budgets, HSBC Advance Credit Card caps its cashback at S$300 per month, with S$2,000 minimum spend and S$2,000 deposit of fresh funds each month. When it comes to unlimited cashback cards, which are a better fit for higher spenders, CIMB World Mastercard and UOB Absolute Cashback Card offer the best rates. CIMB World Mastercard awards unlimited 2% cashback on dining, entertainment, automobile and duty free purchases, and 1.5% unlimited cashback on all other spend. UOB Absolute Cashback Card offers unlimited 1.7% cashback on all spend, which includes categories like school fees, insurance, rental payment and healthcare, expenses often excluded by other credit cards.

                                                                                                                                                                                                  Zoryana Melesh

                                                                                                                                                                                                  Zoryana is a Senior Research Analyst at ValueChampion, who focuses on evaluating credit cards, savings and fixed deposits in Singapore. She holds a BA in Political Science and an MPA in International Finance and Economic Policy, both from Columbia University. Prior to joining ValueChampion, Zoryana worked in treasury management consulting.

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