9 Best Cashback Credit Cards for Singapore (2024 List)

Priscilla Lee
Updated:

If you’re a savvy spender, getting the most cash back for your spending is a must. But researching the best card can be a tedious process. 

We’ve sifted out the best rebates so that you don’t have to. The choices below span a variety of different categories and minimum spend requirements. Here’s our list of the best cashback credit cards in 2024:

  1. UOB One
  2. UOB EVOL
  3. HSBC Visa Platinum
  4. Citi Cash Back
  5. CIMB Visa Signature
  6. OCBC Frank
  7. OCBC 365
  8. Maybank Family & Friends
  9. Bank of China Family Card

Overview of the Best Cashback Credit Cards

CardMinimum SpendCashback RatesHighest Cashback CategoriesCashback Cap
UOB OneS$2,0003.33% to 10%Public transport, Grab, online shopping, daily essentials, travelS$200 per quarter
UOB EVOLS$6000.3% to 8%Online shopping, mobile contactless spendS$60 per month
HSBC Visa PlatinumS$600 (all 3 months in the quarter)5%Dining, groceries, and fuelS$250 per quarter
Citi Cash BackS$8000.25% to 8%Groceries, petrol, and dining worldwideS$80 per month
CIMB Visa SignatureS$8000.2% to 10%Online shopping, groceries, pet retail, vet services, beauty and wellness, cruisesS$100 per month
OCBC Frank Credit Card S$6000.3% to 6%Online shopping, Grab, digital subscriptions, mobile contactless spend, foreign currency transactionsS$75 per month
OCBC 365S$8000.3% to 6%Dining, food delivery, and fuelS$80 per month
Maybank Family & FriendsS$8000.3% to 8%Choose 5 from these 10 options: Transport, dining, food delivery, groceries, mobile/internet/TV plans, entertainment, online fashion shopping, pharmacies, retail and pets, sports, beauty and wellnessS$125 per month
Bank of China Family CardS$8000.3% to 10%Dining, movies, and Family Club merchants like Best Denki, POPULAR Bookstore, and WatsonsS$100 per month

1. UOB One Card

PROMO: Receive S$350 worth of Grab vouchers and up to 15% cashback* + Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$691.60) or Dyson Airwrap (worth S$859) or S$350 Vouchers*

UOB One Credit Card

If you can manage the complicated cashback calculations and high minimum spend, the UOB One Card offers up to 10% rebate to those who regularly shop at the participating merchants. Those on a budget are better off with a more versatile card, however.
Read full review
PROMO: Receive S$350 worth of Grab vouchers and up to 15% cashback* + Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$691.60) or Dyson Airwrap (worth S$859) or S$350 Vouchers*

This is a good card to have since it has one of the highest cashback rates on our list. The caveat here is that you need to spend at least S$2,000 per month to unlock all its goodness.

There are three tiers of cashback for this card:

Up to 10% cashback For spending at a wide range of categories such as public transport, Grab, Dairy Farm merchants (Cold Storage, Giant, 7-Eleven, Guardian, CS Fresh, Marketplace, Jasons and Jasons Deli) and UOB Travel

(Cardmembers who accumulate S$200 quarterly cashback in these categories will get an additional 6.67% cashback and additional 1.67% cashback on Shell transactions.)
Up to 4.33% cashbackFor SP utility bills

(Cardmembers who qualify for quarterly cashback will get the base rate of 3.33% + bonus 1% cashback on utilities.)
Base rate of 3.33% cashbackFor all retail spend, provided you make 5 transactions monthly for 3 consecutive months. Spending S$500, S$1,000, or S$2,000 raises the cashback cap to S$50, S$100, or S$200 respectively per quarter.

The tiering system can get complicated at times, so UOB has provided a rebate calculator to help you estimate the cashback you can earn.

Annual Fee: S$194.40 with fee waiver for first year

Eligibility: Minimum 21 years old with at least S$30,000 annual income

Whom It’s Best For: Families with a car and who shop at Dairy Farm merchants such as Cold Storage, Giant, Guardian, and Jasons Deli. You’ll maximise your cashback only if you can spend at least S$2,000 on this card.

Current promotion: First 200 new-to-UOB credit card customers receive receive S$350 worth of Grab vouchers and up to 15% cashback with a minimum spend of S$1,000 per month for 2 consecutive months upon card approval + Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$691.60) or Dyson Airwrap (worth S$859) or S$350 Vouchers when you are one of the first 200 applicants and make a min. spend of S$1,000 per month for 2 consecutive months from card approval date. (Valid until 31 March 2024) Click to apply.

2. UOB EVOL Card

PROMO: Receive S$350 cash credit* + Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$691.60) or Dyson Airwrap (worth S$859) or S$350 Vouchers*

UOB Evol Credit Card

This is a great card for working professionals whose spending is primarily centered on online and contactless spending. The 8% cashback rate is one of the highest in the market and the eligible categories are straightforward and easy to track.
8%
cashback on online spending + mobile contactless payments (capped at S$60/statement month)
Complimentary Insurance
complimentary travel insurance when you charge your fare to your UOB card AND fill out the form before your trip
Bonus Interest
earn bonus interest on your savings when you open a UOB One account with the UOB EVOL
Read full review
PROMO: Receive S$350 cash credit* + Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$691.60) or Dyson Airwrap (worth S$859) or S$350 Vouchers*

Previously known as UOB YOLO, the UOB EVOL card requires only S$600 minimum monthly spend for maximum cashback. The two tiers of cashback are:

8% cashback On all mobile contactless and online spend including dining, entertainment, shopping, Grab transactions, and hotel bookings
0.3% cashback On all other spend or if the minimum monthly spend is not met

There’s a S$60 cashback cap per month, which is broken down into S$20 on online spend, S$20 on mobile contactless spend, and S$20 on all other spend. Cardholders also get an automatic annual fee waiver if they make at least three transactions monthly for 12 consecutive months.

Annual Fee: S$194.40, with fee waiver when cardholder makes at least three transactions per month for 12 consecutive months before the card anniversary date

Eligibility: Minimum 21 years old with at least S$30,000 annual income or S$10,000 fixed deposit collateral

Whom Is It Best For: Digitally-savvy shoppers who embrace the concept of a cashless society.

Current promotion: First 200 new-to-UOB credit card customers receive S$350 cash credit with a minimum spend of S$1,000 per month for 2 consecutive months upon card approval + Receive an Apple iPad 10th Gen 10.9 wifi 64GB (worth S$691.60) or Dyson Airwrap (worth S$859) or S$350 Vouchers when you are one of the first 200 applicants and make a min. spend of S$1,000 per month for 2 consecutive months from card approval date. (Valid until 31 March 2024) Click to apply.

3.  HSBC Visa Platinum

PROMO: Receive a Dyson V8 Slim™ Fluffy (worth S$509) or Apple iPad 9th 10.2″ WiFi 64GB (worth S$508.30) or S$350 eCapitaVoucher or 18K Max Miles (worth a trip to Tokyo)

HSBC Visa Platinum Credit Card

The HSBC Visa Platinum was designed for families who drive and dine out frequently. Plus points if you have more family members eligible for supplementary cards – you’ll get cashback per supplementary card.
Read full review
PROMO: Receive a Dyson V8 Slim™ Fluffy (worth S$509) or Apple iPad 9th 10.2″ WiFi 64GB (worth S$508.30) or S$350 eCapitaVoucher or 18K Max Miles (worth a trip to Tokyo)

Made from 85.5% recycled plastic, this eco-friendly card offers a 5% rebate for dining, groceries and fuel. But there’s one condition: you’ll neeed to charge at least S$600 monthly for three consecutive months to unlock the 5% rate. You’ll also only get the cashback up to two months afterwards, and rebates are capped at S$250 per quarter.

But this may be of some comfort: you’ll get a two-year annual fee waiver up front. Subsequently, spending S$12,500 per year will net you an automatic fee waiver. 

How the 5% cashback works:

5% cashbackOn dining (food and beverage outlets excluding hotel dining), groceries, and fuel (Caltex and Shell service stations in Singapore)

Annual Fee: S$194.40 with fee waiver for first two years

Eligibility: Minimum 21 years old with at least S$30,000 annual income

Whom Is It Best For: Families with a car and in need of multiple cards.

Current promotion: Receive a Dyson V8 Slim™ Fluffy (worth S$509) or Apple iPad 9th 10.2″ WiFi 64GB (worth S$508.30) or S$350 eCapitaVoucher or 18K Max Miles (worth a trip to Tokyo) with a minimum spend of S$500 by the end of the following month from card approval date. (Valid until 20 June 2024) Click to apply.

4. Citi Cash Back Card

PROMO: Receive an Apple iPad 9th Gen 10.9 wifi 64GB (worth S$508.30) or Dyson Supersonic (worth S$699) or Dyson Micro 1.5kg Vacuum (worth S$599) or S$350 Shopee Vouchers AND enjoy PAY DAY SURPRISE

Citi Cash Back Card

8% cashback on groceries is already a good deal, but the Citi Cash Back Card tops it off by giving you rebates on grocery purchases worldwide. If you spend quite a bit on cooking and dining out, this is a card worth considering.
Read full review
PROMO: Receive an Apple iPad 9th Gen 10.9 wifi 64GB (worth S$508.30) or Dyson Supersonic (worth S$699) or Dyson Micro 1.5kg Vacuum (worth S$599) or S$350 Shopee Vouchers AND enjoy PAY DAY SURPRISE

Compared with the HSBC Visa Platinum, this card has higher cashback and wider geographical coverage. It doesn’t give you a sign-up bonus for multiple supplementary cards though. You’ll need a minimum spend of S$800 per month to qualify for the best rebates.

There are three tiers of cashback for this card:

8% cashback On grocery shopping and petrol worldwide
6% cashback On dining at restaurants and cafes globally
0.25% cashbackOn all other spend

Annual Fee: S$194.40 with fee waiver for first year

Eligibility: Minimum 21 years old with at least S$30,000 annual income

Whom Is It Best For: Those who drive or travel frequently to benefit from rebates for their overseas spend.

Current promotion: Receive an Apple iPad 9th Gen 10.9 wifi 64GB (worth S$508.30) or Dyson Supersonic (worth S$699) or Dyson Micro 1.5kg Vacuum (worth S$599) or S$350 Shopee Vouchers AND enjoy PAY DAY SURPRISE with a minimum spend of S$500 within 30 days of card approval. (Valid until 1 September 2024). Pay Day Surprise: Every 10th applicant of participating Citi & Standard Chartered credit cards will receive S$100 bonus Shopee voucher on top of existing rewards! (Valid until 5 September 2024) Click to apply.

5. CIMB Visa Signature

PROMO: Receive S$280 cash via PayNow

CIMB Visa Signature Card

The CIMB Visa Signature Card may have niche spending categories like pet care and cruises, but it’s hard to ignore the 10% cashback rate. The minimum spend requirement is easy enough for families who cook for themselves or shop online.
Read full review
PROMO: Receive S$280 cash via PayNow

This is one of the top choices in our list because it has 10% cashback and no annual fees. You’ll need to spend at least S$800 every month to qualify for the 10% rate.

Cashback is capped at S$100 per month and up to S$20 per category.

The cashback tiers are as follows:

10% cashback On local and overseas online shopping, groceries, beauty and wellness, cruises, and pet shops and veterinary services.
0.2% cashback On spending beyond the cashback cap. There’s no limit on this tier.

Annual Fee: None!

Eligibility: Minimum 21 years old with at least S$30,000 annual income or S$10,000 fixed deposit collateral

Whom Is It Best For: Savvy spenders who want the highest cashback rates at a lower minimum spend, and who don’t want to be restricted to local Dairy Farm International merchants.

Current promotion: Receive S$280 cash via PayNow with a minimum spend of S$988 on eligible goods and services within 60-day period following card approval. (Valid until 30 April 2024) Click to apply.

6.  OCBC Frank Credit Card

PROMO: Receive up to S$100 in cashback each month as you spend accross different categories

OCBC Frank Credit Card

Consumers who frequently shop online or pay via mobile will benefit the most from the boosted cashback rates. It’s also easy to hit the minimum annual spending for the annual fee waiver, making this a low-cost card with decent cashback.
Read full review
PROMO: Receive up to S$100 in cashback each month as you spend accross different categories

With an annual fee of S$194.40 and an automatic fee waiver that’s easy to get, this card is one of the lowest-maintenance options on our list. There are two basic cashback tiers:

6% cashback 
  • On public transport, Grab, Lazada, Taobao, Spotify, Netflix, and more
  • Mobile contactless payments
  • In-store foreign currency spend
0.3% cashbackOn all other spend

Shopping platforms such as Lazada/Redmart and Taobao qualify for the highest tier of cashback, so this card is worth considering if you regularly buy from them. The cashback rates here aren’t as high as the UOB EVOL or CIMB Visa Signature Card, but you’ll get higher cashback caps per category with the OCBC Frank Card.

Annual Fee: S$194.40 with fee waiver for first two years. Automatic fee waiver with minimum spend of S$10,000 per year (about $833 monthly)

Eligibility: Minimum 21 years old with at least S$30,000 annual income

Whom Is It Best For: Those who regularly shop online and go on short getaways to nearby regions.

Current promotion: Receive up to S$100 in cashback each month when you spend at least S$800 a month online or in any store that accepts contactless mobile payment. Terms and Conditions apply.

7.  OCBC 365

PROMO: Get an Apple iPad 9th Gen 10.2 Wifi 64GB (worth S$503.65), or an Apple Bundle [AirPods Pro (Generation 2) + MagSafe Charger] (worth S$421.35) or Travel Bundle [Samsonite Volant Spinner 68/25 EXP + 2x Apple AirTag] (worth S$570) or S$320 Cash via PayNow + 3x chance to win your share of up to S$200,000 in prizes + a chance to win S$5,000 bonus cash each week

OCBC 365 Card

While it doesn’t offer the highest rebates in the market, the OCBC 365 Card’s strength is in offering rebates for a variety of expenses both locally and overseas. Just be sure you can meet the minimum spend or you’ll earn a paltry 0.3% cashback.

PROMO: Get an Apple iPad 9th Gen 10.2 Wifi 64GB (worth S$503.65), or an Apple Bundle [AirPods Pro (Generation 2) + MagSafe Charger] (worth S$421.35) or Travel Bundle [Samsonite Volant Spinner 68/25 EXP + 2x Apple AirTag] (worth S$570) or S$320 Cash via PayNow + 3x chance to win your share of up to S$200,000 in prizes + a chance to win S$5,000 bonus cash each week

Great card for those who drive and dine out a lot, but you’ll have to meet a minimum spend of S$800 per month to get all the benefits. This is also one of the few cards that gives you cashback on electricity and telco bills, making this a good card for couples or young families.

There’s a cap of S$80 cashback per calendar month, but no caps on specific categories.

The four tiers of cashback work like this:

6% cashbackOn dining spend (local or overseas) and online food delivery
5% cashback On all fuel spend – along with up to 22.1% fuel savings at Caltex and 20.2% savings at Esso
3% cashback On groceries (local and overseas), private hire rides (local and overseas Grab, Gojek, and TADA), taxi, electricity, telco, online air and cruise ticket purchases, and hotel bookings
0.3% cashback On all other spend

Annual Fee: S$194.40 with fee waiver for first two years. Spend at least S$10,000 in a year for an automatic annual fee waiver

Eligibility: Minimum 21 years old with at least S$30,000 annual income

Whom Is It Best For: Those who spend big dollars on dining out and petrol

Current promotion: Get an Apple iPad 9th Gen 10.2 Wifi 64GB (worth S$503.65), or an Apple Bundle [AirPods Pro (Generation 2) + MagSafe Charger] (worth S$421.35) or Travel Bundle [Samsonite Volant Spinner 68/25 EXP + 2x Apple AirTag] (worth S$570) or S$320 Cash via PayNow + 3x chance to win your share of up to S$200,000 in prizes + a chance to win S$5,000 bonus cash each week when you spend at least S$500 on eligible purchases within 30 days of card approval. (Valid until 20 December 2023) Click to apply.

8.  Maybank Family & Friends

PROMO: Get a pair of American Tourister Linex 66/24 Luggage TSA (worth S$336), or an AirPods (3rd generation) with Lightning Charging Case (worth S$261.40), or S$200 cashback + 1x chance to win your share of up to S$200,000 in prizes in our epic 101! Milestone Giveaway, plus a chance to win S$5,000 bonus cash each week

Maybank Family and Friends

With an expansive list of eligible spending categories, the Maybank Family & Friends Card is one of the best cashback cards you’ll find. It’s not the best card for travel-related transactions, but it’s an easy go-to card for everyday expenses locally.
Read full review
PROMO: Get a pair of American Tourister Linex 66/24 Luggage TSA (worth S$336), or an AirPods (3rd generation) with Lightning Charging Case (worth S$261.40), or S$200 cashback + 1x chance to win your share of up to S$200,000 in prizes in our epic 101! Milestone Giveaway, plus a chance to win S$5,000 bonus cash each week

Apart from letting you save three years’ annual fees worth S$540, this card also offers the thoughtful gesture of letting you select your preferred cashback categories for the 8% rate. 

The cashback tiers are as follows:

8% cashbackOn 5 out of 10 categories globally: transport, dining and food delivery, groceries, data communication and digital subscriptions, online fashion, pharmacy, kids and pets, entertainment, beauty and wellness, and sports
0.3% cashbackOn all other spend on non-selected categories

Each category has a cashback cap of S$25 for a total of S$125 monthly. (This works out to be $312.50 per category per month if you want to maximise your cashback.) After you hit this cap, the rebate resets to 0.3% for any further spending. You’ll need to spend at least S$800 monthly to qualify for the 8% rebate.

Annual Fee: S$180 with fee waiver for first three years

Eligibility: Minimum 21 years old with at least S$30,000 annual income

Whom Is It Best For: Those who want decent cashback on everyday expense categories of their choosing.

Current Promotion: Receive up to 8% cashback on transport, petrol, groceries and more (capped at S$25 per category) when you spend a minimum of S$800 per calendar month.

9.  Bank of China Family Card

Bank of China Family Card

The Bank of China Family Card offers one of the highest cashback rates in the market for activities with your family. But if you’re all about maximising cashback, watch out for the high minimum spend requirement given the low cashback caps per category.
Read full review

This card offers a cashback cap of S$100 per month, though the best rates are limited to just dining and movies. Then again, no other card offers 10% cashback for movies, so you may want to keep this card handy.

You’ll need to spend at least S$800 in a month to qualify for the highest cashback rates.

Here are the four tiers of cashback:

10% cashback On dining (food and beverage outlets excluding hotel dining) and movies
5% cashback On “Family Club Merchants” such as Best Denki, Popular Bookstore, Unity Pharmacy, Watsons and Welcia-BHG
3% cashbackOn supermarkets and online spending
0.3% cashbackOn all other spend

Cashback is capped at S$25 per month for all categories except the 0.3% tier.

Annual Fee: S$205.20 with fee waiver for first year

Eligibility: Minimum 21 years old with at least S$30,000 annual income or S$10,000 fixed deposit collateral

Whom Is It Best For: Avid moviegoers and those who regularly shop at BOC’s Family Club Merchants.

Current Promotion:  None.