UOB One Card: Highest Flat Rate Cashback Card

UOB One Card: Highest Flat Rate Cashback Card

Maximum Cashback for Stable Budgets

Good for

  • Consumers who reliable spend at least S$2,000 per month
  • People looking for easy cashback on daily spend
  • Those who want rebates for paying their bills

Bad for

  • High spenders seeking unlimited rewards
  • Low spenders with an inconsistent budget
  • Individuals who prefer a no-fee card

Editor's Rating

4.5/5.0

If you consistently spend at least S$2,000/month, there’s no better way to maximise your cashback than with UOB One Card, which offers up to 5% flat rebate. At this spend level, cardholders can earn up to S$300/quarter, or S$100/month–one of the highest potential earning rates on the market. Lower or inconsistent spenders with budgets as low as S$500/month can also earn a 3.33% cashback. Unlike with other cards, UOB One Card also rewards recurring bill & insurance payments. And, spend with popular merchants like Cold Storage and Cathay Cineplexes earns up to an additional 10% rebate, through UOB SMART$ Programme. Ultimately, if you’re looking for a convenient card that rewards stable budgets with top rates, there’s no better option than UOB One Card.

ProsCons
  • Up to 5% cashback on nearly all spend (up to S$300/quarter)
  • UOB SMART$ Rebate Programme for additional savings
  • Insurance, Telco & Town Council eligible for rebates through UOB Bill Pay
  • Up to 20.8% fuel savings with Shell
  • Complimentary travel insurance
Promotions:
  • Earn an additional 5% rebate (up to 10%) on Grab rides, food & top-ups
  • Up to S$100 worth of free Grab rides with min. S$1,000 spend within 1st month
  • Annual fee waived only the 1st year
  • Non-competitive rewards rate for inconsistent or low spenders
  • Tiered rebate system can be difficult to navigate
  • Rebates can only be used to offset future spend
  • Cash rebates expire (2 years after earned)

What Makes UOB One Card Stand Out

Average consumers with consistent spending habits can maximise rewards and offset their spend through UOB One Card's convenient, flat rate system. The card is best fit for a reliable budget. Cardholders earn cashback based on their lowest monthly spend within a quarter (3 month period). Those who spend at least S$2,000 per month earn S$300 of cashback for that quarter, which is equal to up to 5% flat cashback on all purchases. Across a year, this adds up to S$1,200 of savings. The flat rate structure also means that nearly all purchases count towards monthly spend. Even recurring bills for insurance, telco and Town Council are eligible, as long as they are consolidated and payed through UOB Bill Pay.

Low SpendMedium SpendHigh Spend
Monthly Minimum SpendS$500S$1,000S$2,000
Minimum Spend for QuarterS$1,500S$3,000S$6,000
Total RebateS$50S$100S$300
Rebate Rate3.33%3.33%5.00%
Cardholder must make 5 transactions per month for all 3 months within the quarter to be eligible for cash rebate

Regardless of spend level, all cardholders can still benefit from access to UOB SMART$ Rebate Programme, which offers additional rebates with select merchants. Cardholders can earn up to 2% SMART$ rebate at supermarkets like Jasons, Giant and Cold Storage, theatres like Cathay Cineplexes, wellness merchants like Guardian, and more. Purchases 'double count'–first towards monthly spend, which determines rebate tier, and second by earning SMART$. 1 SMART$ equals S$1, and like the quarterly cash rebate, SMART$ are used to offset future purchases.

CategorySample MerchantsMaximum Rebate
DiningBreadTalk, BreadTalk Café, Bread Society, Hard Rock Café, Pasarbella, Polar Puffs & CakesUp to 3%
GroceriesCold Storage, Giant, Jasons, Market PlaceUp to 2%
InsuranceEQ Insurance, United Overseas Insurance Ltd (UOI)Up to 5%
LeisureCathay Cineplexes, City ToursUp to 10%
ShoppingbYSI, Capital Optical, Crocodile, DHL, Gordon Max, Integrated Eyecare Centre, Metro, Paris Miki, Unique Fine Pearl, Winter TimeUp to 3%
WellnessGuardianUp to 2%

However, UOB One Card is less beneficial to irregular, low, or high spenders. Because cashback depends on the lowest monthly spend during the quarter, a consumer with an inconsistent budget can easily miss out on higher earning potential. Spending just S$1 less than S$2,000–even for 1 month–drops a cardholder's quarterly rebate from S$300 to S$100 (and continues to drop for each tier). Not only that, high spenders can also be disadvantaged due to the monthly cap on rebates, which doesn't exist for unlimited cashback cards like American Express True Cashback Card or miles-earning cards like Citi PremierMiles Visa Card.

Ultimately, UOB One Card is best for average consumers with a consistent budget, seeking to maximise rewards and offset their future purchases. While the annual fee of S$192.6 is only waived the first year, the rebate potential of UOB One Card and UOB SMART$ Rebate Programme combined offers an easy way to quickly and conveniently recoup the cost. And, while rebates must be applied towards future purchases, they are a great fit for those who prioritise saving money over miles, rewards, or vouchers. UOB One Card may be a bit complex with its rebate structure, but for organised consumers, this card could be an excellent fit.

How Does UOB One Card Rewards Program Work?

Use our quick and easy-to-read guide below to learn how you you can redeem UOB One Card rewards.

  • Every 1 dollar of cashback earned is equal to S$1
  • Cash rebate is credited to the cardholder's account 1 month after the end of each quarter
  • Cash rebate earned must be used to offset future transactions
  • Cash rebate expires 2 calendar years from the quarter in which it was earned
  • Cashback is automatically forfeited and is non-transferable when an account is closed

UOB One Card Rewards Exclusions

Some credit card expenditures are ineligible for cash back or rebate. We identify these exclusions in the table below.

Exclusion CategoryDescription
Bank FeesAny cash advances; any late payment charges or interest charges on any card; any fees payable to the Bank (or any other third party) for transfer of any debit balance on any other credit card to a Card; any other interest, fees and charges (including without limitation, cash advance, annual or monthly fees or charges) imposed by the Bank from time to time; balance and/or funds transfers to or from the Card Account; any credit card transaction that was subsequently cancelled, voided or reversed for any reason; any other transactions as may be prescribed by the Bank
Transfers & Bill PaymentsMonthly instalments under 0% Instalment Payment Plan and SmartPay; payments to EZ Link, FlashPay, NETS FlashPay, MB, Moneybookers. Com, Oanda Asia PAC, Paypal, Plus500, Saxo Cap Mkts Pts Ltd, SKR*SKRILL.com, Transit, TransitLink, IG Markets, and others; payments to AXS
Institutional PaymentsAny payments made to government institutions and services (for example, court costs, fines, bail and bond payments, tax payment, postal services, intra-government purchases and any other government services not classified here); any payment made to charitable/religious organizations
Betting or GamblingAny payment made on gambling or trading platforms (including but not limited to websites for trading of shares, foreign currency and cryptocurrency)

UOB One Card's Features and Benefits:

Details & Benefits
Annual FeeS$192.6, Waived for 1 year
Annual Income RequirementS$30,000 for locals, S$40,000 for foreigners
Card Details
  • 5% rebate (S$300/qtr) with S$2,000/mo. min. spend for 3 mo.
  • 3.33% rebate (S$100/qtr) with S$1,000/mo. min. spend for 3 mo.
  • 3.33% rebate (S$50/qtr) with S$500/mo. min. spend for 3 mo.
  • 0.03% rebate on all spend if no rebate earned for calendar year
  • UOB SMART$ Rebate Programme for additional savings
  • Insurance, Telco & Town Council rebate-eligible with UOB Bill Pay
  • Up to 20.8% fuel savings with Shell
  • Complimentary travel insurance
Promotions:
  • Earn an additional 5% rebate (up to 10%) on Grab rides, food & top-ups
  • Up to S$100 worth of free Grab rides with min. S$1,000 spend within 1st month

How does UOB One Card Compare Against Other Cards?

Read our comparisons of UOB One Card with other cards and learn what makes each card unique in their own way. We compare and contrast each card to highlight its uniqueness to help you identify the card that you need.

Compared to the market average, UOB One Card provides a much higher value-to-consumer after two years, based on an average monthly spend of S$2,000

UOB One Card v. Maybank FC Barcelona Card v. American Express True Cashback Card v. Standard Chartered Unlimited Cashback Credit Card

{"items":["\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate credit_cards: Maybank FC Barcelona Visa Signature Card\u00a0 - Image\" data-eventlabel=\"Maybank FC Barcelona Visa Signature Card\u00a0\" rel=\"noopener\" target=\"_blank\" title=\"Maybank FC Barcelona Visa Signature Card\u00a0\" href=\"\/redirect?link=https%3A%2F%2Fapply.maybank.com.sg%2Fcards%2F%23%2Fcreditcardstart%3Fsc%3Dacq6\"\u003E\u003Cimg alt=\"Maybank FC Barcelona Visa Signature Card\u00a0\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/maybank-fcb-visasig\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/maybank-fcb-visasig 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/maybank-fcb-visasig 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate credit_cards: Maybank FC Barcelona Visa Signature Card\u00a0 - Button\" data-eventlabel=\"Maybank FC Barcelona Visa Signature Card\u00a0\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Maybank FC Barcelona Visa Signature Card\u00a0\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fapply.maybank.com.sg%252Fcards%252F%2523%252Fcreditcardstart%253Fsc%253Dacq6\"\u003ELearn More \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate credit_cards: Maybank FC Barcelona Visa Signature Card\u00a0 - Image\" data-eventlabel=\"Maybank FC Barcelona Visa Signature Card\u00a0\" rel=\"noopener\" target=\"_blank\" title=\"Maybank FC Barcelona Visa Signature Card\u00a0\" href=\"\/redirect?link=https%3A%2F%2Fapply.maybank.com.sg%2Fcards%2F%23%2Fcreditcardstart%3Fsc%3Dacq6\"\u003E\u003Cimg alt=\"Maybank FC Barcelona Visa Signature Card\u00a0\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/maybank-fcb-visasig\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/maybank-fcb-visasig 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/maybank-fcb-visasig 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate credit_cards: Maybank FC Barcelona Visa Signature Card\u00a0 - Button\" data-eventlabel=\"Maybank FC Barcelona Visa Signature Card\u00a0\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Maybank FC Barcelona Visa Signature Card\u00a0\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fapply.maybank.com.sg%252Fcards%252F%2523%252Fcreditcardstart%253Fsc%253Dacq6\"\u003ELearn More \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate credit_cards: American Express True Cashback Card - Image\" data-eventlabel=\"American Express True Cashback Card\" rel=\"noopener\" target=\"_blank\" title=\"American Express True Cashback Card\" href=\"\/redirect?link=https%3A%2F%2Fclk.omgt3.com%2F%3FPID%3D28734%26AID%3D830094\"\u003E\u003Cimg alt=\"American Express True Cashback Card\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/amex-true-cashback\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/amex-true-cashback 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/amex-true-cashback 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate credit_cards: American Express True Cashback Card - Button\" data-eventlabel=\"American Express True Cashback Card\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"American Express True Cashback Card\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fclk.omgt3.com%252F%253FPID%253D28734%2526AID%253D830094\"\u003ELearn More \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate credit_cards: American Express True Cashback Card - Image\" data-eventlabel=\"American Express True Cashback Card\" rel=\"noopener\" target=\"_blank\" title=\"American Express True Cashback Card\" href=\"\/redirect?link=https%3A%2F%2Fclk.omgt3.com%2F%3FPID%3D28734%26AID%3D830094\"\u003E\u003Cimg alt=\"American Express True Cashback Card\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/amex-true-cashback\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/amex-true-cashback 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/referral_logos\/sg\/credit_cards\/amex-true-cashback 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate credit_cards: American Express True Cashback Card - Button\" data-eventlabel=\"American Express True Cashback Card\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"American Express True Cashback Card\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fclk.omgt3.com%252F%253FPID%253D28734%2526AID%253D830094\"\u003ELearn More \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n","\n\u003Cdiv class=\"AffiliateBannerMobile--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate credit_cards: Standard Chartered Unlimited Cashback Credit Card - Image\" data-eventlabel=\"Standard Chartered Unlimited Cashback Credit Card\" rel=\"noopener\" target=\"_blank\" title=\"Standard Chartered Unlimited Cashback Credit Card\" href=\"\/redirect?link=https%3A%2F%2Fad.doubleclick.net%2Fddm%2Ftrackclk%2FN200801.2316927VALUEPENGUIN%2FB22157477.238172483%3Bdc_trk_aid%3D435433353%3Bdc_trk_cid%3D110614195%3Bdc_lat%3D%3Bdc_rdid%3D%3Btag_for_child_directed_treatment%3D%3Btfua%3D\"\u003E\u003Cimg alt=\"Standard Chartered Unlimited Cashback Credit Card\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/singapore_credit_cards\/SC-unlimited-cashback-card\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/singapore_credit_cards\/SC-unlimited-cashback-card 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/singapore_credit_cards\/SC-unlimited-cashback-card 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate credit_cards: Standard Chartered Unlimited Cashback Credit Card - Button\" data-eventlabel=\"Standard Chartered Unlimited Cashback Credit Card\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Standard Chartered Unlimited Cashback Credit Card\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fad.doubleclick.net%252Fddm%252Ftrackclk%252FN200801.2316927VALUEPENGUIN%252FB22157477.238172483%253Bdc_trk_aid%253D435433353%253Bdc_trk_cid%253D110614195%253Bdc_lat%253D%253Bdc_rdid%253D%253Btag_for_child_directed_treatment%253D%253Btfua%253D\"\u003ELearn More \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n\u003Cdiv class=\"AffiliateBannerDesktop--root\"\u003E\n \u003Cdiv class=\"AffiliateBanner--root \"\u003E\n \u003Cdiv class=\"AffiliateBanner--image\"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--root \"\u003E\n \u003Cdiv class=\"ShortcodeImageBare--image-container\"\u003E\n \u003Ca class=\"js-event-click\" data-eventcategory=\"Affiliate credit_cards: Standard Chartered Unlimited Cashback Credit Card - Image\" data-eventlabel=\"Standard Chartered Unlimited Cashback Credit Card\" rel=\"noopener\" target=\"_blank\" title=\"Standard Chartered Unlimited Cashback Credit Card\" href=\"\/redirect?link=https%3A%2F%2Fad.doubleclick.net%2Fddm%2Ftrackclk%2FN200801.2316927VALUEPENGUIN%2FB22157477.238172483%3Bdc_trk_aid%3D435433353%3Bdc_trk_cid%3D110614195%3Bdc_lat%3D%3Bdc_rdid%3D%3Btag_for_child_directed_treatment%3D%3Btfua%3D\"\u003E\u003Cimg alt=\"Standard Chartered Unlimited Cashback Credit Card\" class=\"ShortcodeImage--image\" style=\"width: 200px;\" src=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/singapore_credit_cards\/SC-unlimited-cashback-card\" srcset=\"https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_1.0,f_auto,h_1600,q_auto,w_200\/v1\/singapore_credit_cards\/SC-unlimited-cashback-card 1x, https:\/\/res.cloudinary.com\/valuechampion\/image\/upload\/c_fit,dpr_2.0,f_auto,h_1600,q_auto,w_200\/v1\/singapore_credit_cards\/SC-unlimited-cashback-card 2x\"\u003E\u003C\/a\u003E\n \n \u003C\/div\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003Cdiv class=\"AffiliateBanner--link\"\u003E\n \u003Cdiv class=\"AffiliateButton--root \"\u003E\n \u003Ca data-eventcategory=\"Affiliate credit_cards: Standard Chartered Unlimited Cashback Credit Card - Button\" data-eventlabel=\"Standard Chartered Unlimited Cashback Credit Card\" class=\"ShortcodeLink--root AffiliateButton--button js-event-click\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Standard Chartered Unlimited Cashback Credit Card\" href=\"\/redirect?link=https%3A%2F%2Faffiliate.valuechampion.sg%2Fredirect%3Flink%3Dhttps%253A%252F%252Fad.doubleclick.net%252Fddm%252Ftrackclk%252FN200801.2316927VALUEPENGUIN%252FB22157477.238172483%253Bdc_trk_aid%253D435433353%253Bdc_trk_cid%253D110614195%253Bdc_lat%253D%253Bdc_rdid%253D%253Btag_for_child_directed_treatment%253D%253Btfua%253D\"\u003ELearn More \u003C\/a\u003E\n\u003C\/div\u003E\n \u003C\/div\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\n"],"offsetPercentage":20}

Maybank FC Barcelona Visa Signature Card, American Express True Cashback Card and Standard Chartered Unlimited Cashback Credit Card are decent alternatives for UOB One Card. These cards provide unlimited cashback of about 1.5% on nearly all purchases without a minimum spend requirement. Given this, these cards may be better than UOB One Card for consumers who spend at least S$6,000 per month. Overall, Maybank FC Barcelona Card stands out for its slightly higher rebate of 1.6% and an easy annual fee waiver, Amex True Cashback Card comes with the renowned customer service, and SC Unlimited Cashback Card offers a 0% instalment payment plan for up to 36 months and doubles as an EZ-Link Card.

Ultimately, UOB One Card benefits average consumers who spend of S$2,000/month, while only the highest spenders can earn greater cashback with Amex True Cashback Card or SC Unlimited Cashback Credit Card.

UOB One Card v. HSBC Advance Credit Card

Consider this if you either make S$3,500 per month, have S$30,000 of cash savings or have a home loan with HSBC

Annual Income Requirement S$30,000
Foreigner Income Requirement S$40,000

HSBC Advance Banking customers can leverage their status to maximise cashback rewards with the no-fee, flat-rate HSBC Advance Credit Card. Banking customers earn 2.5% cashback when monthly spend is S$2,000 or below, and 3.5% cashback when spend is above. Earnings are capped at S$125/month (equal to S$375/quarter, compared to UOB One Card's S$300). In addition, while UOB One Card's annual fee is waived only the first year, HSBC Advance Credit Card's fee is perpetually waived for HSBC Advance Banking customers.

Non-Banking customers, however, do not receive these same benefits. Rates drop to 1.5% when monthly spend is S$2,000 and below, and just 2.5% when above. The monthly cap is only S$70/month, and an annual fee of S$192.6 applies. For HSBC Advance Banking customers, HSBC Advance Credit Card may be one of the best flat rate cashback cards on the market, but for non-Banking customers who spend at least S$2,000 per month, UOB One Card is likely a better alternative.

UOB One Card v. UOB YOLO Card

Consider this if you are a young adult looking for discounts and perks on dining, entertainment and travel spending

Annual Income Requirement S$30,000
Foreigner Income Requirement S$40,000

UOB YOLO Card is a great fit for young adults looking to maximise cashback for social spend. Cardholders receive 8% cashback on Grab rides, dining, and entertainment on weekends, and 3% for the same on weekdays–plus 3% for online fashion and travel spend. These rates are equal to or higher than the rates UOB One Card offers to its medium and high tier spenders. UOB YOLO Cardholders can also earn cashback after reaching a minimum spend of just S$600, with no quarterly contingencies.

The difference, however, is that UOB YOLO Card limits earnings to S$60/month, equal to S$180/quarter (compared to the potential S$300 with UOB One Card). Young adults with spend focused on weekend dining and entertainment can quickly earn cashback with UOB YOLO Card, but consumers who spend at least S$2,000 per month can earn far more from UOB One Card, due to its higher rebate cap.

UOB One Card v. Standard Chartered Manhattan World MasterCard

Standard Chartered Manhattan World MasterCard
Standard Chartered Manhattan World MasterCard

Consider this if you are interested in a flat rate cashback card

Annual Income Requirement S$30,000
Foreigner Income Requirement S$60,000

Standard Chartered Manhattan World MasterCard may also cater to average spenders with consistent budgets, looking for flat rate cashback rewards. However, SC Manhattan World MasterCard is far less generous and ultimately, less rewarding. Spend below S$1,000/month earns only 0.5% cashback (versus 3.33% for UOB One Card) and the maximum spend of S$3,000/month and above earns just 3% (versus 5%). And, while the S$200 quarterly cap applies to all tiers, it's nearly impossible for lower spenders to reach this cap at 0.5% cashback. At the same time, this cap will limit higher spenders earning at the 3% rate.

Ultimately, average spenders interested in a flat rate cashback card might instead consider UOB One Card.

Comments and Questions

{"endpoint":"\/newsletter\/subscribe","style":"blue","title":"Keep up with our news and analysis.","version":"sidebar"}