{"id":92299,"date":"2026-08-25T16:20:59","date_gmt":"2026-08-25T08:20:59","guid":{"rendered":"https:\/\/www.you.co\/sg\/?p=92299"},"modified":"2026-08-25T16:20:59","modified_gmt":"2026-08-25T08:20:59","slug":"best-cashback-credit-card-singapore","status":"publish","type":"post","link":"https:\/\/www.you.co\/sg\/blog\/best-cashback-credit-card-singapore\/","title":{"rendered":"Best Cashback Credit Card Singapore (2026): 13 Cards Ranked"},"content":{"rendered":"\n

Every roundup shows you the headline rate. Almost none show you the cap that decides what you actually keep.<\/strong><\/h2>\n\n\n\n
<\/div>\n\n\n\n

An 18% card that pays out a maximum of S$144 a month is not better than a 1.7% card with no cap. It depends entirely on where and how much you spend. So this guide ranks Singapore’s cashback cards on three numbers the banks bury: the rate, the monthly cap, and what you drop to if you miss the minimum spend.<\/p>\n\n\n\n

<\/div>\n\n\n\n
Best For<\/strong><\/th>Card<\/strong><\/th>Cashback Rate<\/strong><\/th>Monthly Cap<\/strong><\/th><\/tr><\/thead>
Highest flat rate, nothing to track<\/td>UOB Absolute Cashback<\/td>1.7%<\/td>None<\/td><\/tr>
Everyday spend across categories<\/td>UOB One<\/td>3.33% base<\/td>S$200 per quarter<\/td><\/tr>
Dining and petrol<\/td>OCBC 365<\/td>5% dining, 6% petrol<\/td>S$160<\/td><\/tr>
Supermarket and delivery runs<\/td>DBS yuu<\/td>18% at yuu merchants<\/td>S$144<\/td><\/tr>
No annual fee, ever<\/td>Mari Credit Card<\/td>1.5%<\/td>None<\/td><\/tr>
Overseas spending<\/td>YouTrip<\/td>0% FX fee, wholesale rate<\/td>First S$400 ATM free<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Table of Contents<\/strong><\/h2>\n\n\n\n
<\/div>\n\n\n\n
    \n
  1. How Cashback Cards Actually Work in Singapore<\/strong><\/a><\/li>\n\n\n\n
  2. Which Credit Card Gives the Most Cashback in Singapore?<\/strong><\/a><\/li>\n\n\n\n
  3. Best Cashback Card by Spending Category<\/strong><\/a><\/li>\n\n\n\n
  4. Best Cashback Cards With No Minimum Spend<\/strong><\/a><\/li>\n\n\n\n
  5. What Happens If You Miss the Minimum Spend<\/strong><\/a><\/li>\n\n\n\n
  6. How to Actually Keep the Cashback You Earn<\/strong><\/a><\/li>\n\n\n\n
  7. Cashback or Miles: Which Is Better for You?<\/strong><\/a><\/li>\n\n\n\n
  8. What Happens to Cashback When You Spend Overseas<\/strong><\/a><\/li>\n\n\n\n
  9. Is It Better to Use Cash or Card in Singapore?<\/strong><\/a><\/li>\n\n\n\n
  10. The Verdict<\/strong><\/a><\/li>\n\n\n\n
  11. FAQs<\/strong><\/a><\/li>\n<\/ol>\n\n\n\n
    <\/div>\n\n\n\n

    How Cashback Cards Actually Work in Singapore<\/strong><\/h2>\n\n\n\n
    <\/div>\n\n\n\n
    \"Illustration<\/figure>\n\n\n\n
    <\/div>\n\n\n\n

    Singapore cashback cards come in two types. Flat-rate cards<\/strong> pay the same on everything. Tiered cards <\/strong>pay a high rate on a few categories and almost nothing on the rest.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Flat-rate cards are simple. You spend, you get 1.5% to 1.7% back, there’s no minimum and no cap. Tiered cards are where the headline numbers live, and where the fine print does the real work.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    A tiered card gives you a big rate on dining or groceries, but only if you spend a minimum each month. Miss it and you fall to a base rate that’s usually under 0.5%. Hit it, and a monthly cap stops your earnings dead at a fixed dollar figure.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    That cap is the number that matters. For example, a card advertising 8% with an S$80 monthly ceiling can never pay you more than S$960 a year, no matter how much you spend.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    \ud83d\udcd6 Related Guide: Wondering what else your card quietly charges you? Our guide to credit card fees in Singapore<\/a><\/strong> breaks down annual fees, late charges and the ones you can get waived.<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Which Credit Card Gives the Most Cashback in Singapore?<\/strong><\/h2>\n\n\n\n
    <\/div>\n\n\n\n

    For general spending with no strings, UOB Absolute Cashback <\/strong>pays the most at a flat 1.7%. For category spending, DBS yuu<\/strong> goes highest at up to 18%, but only at its partner merchants and only up to S$144 a month.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Here’s every major card side by side. The last column matters most: what you actually earn in a month when you don’t hit the minimum spend.<\/p>\n\n\n\n

    <\/div>\n\n\n\n
    Card<\/strong><\/th>Headline Rate<\/strong><\/th>Min Spend \/ Month<\/strong><\/th>Max Cashback<\/strong><\/th>If You Miss the Minimum<\/strong><\/th><\/tr><\/thead>
    UOB Absolute Cashback<\/td>1.7%<\/td>None<\/td>Uncapped<\/td>1.7% (no minimum to miss)<\/td><\/tr>
    OCBC INFINITY Cashback<\/td>1.6%<\/td>None<\/td>Uncapped<\/td>1.6% (no minimum to miss)<\/td><\/tr>
    Citi Cash Back+<\/td>1.6%<\/td>None<\/td>Uncapped<\/td>1.6% (no minimum to miss)<\/td><\/tr>
    Amex True Cashback<\/td>1.5%<\/td>None<\/td>Uncapped<\/td>1.5% (no minimum to miss)<\/td><\/tr>
    SC Simply Cash<\/td>1.5%<\/td>None<\/td>Uncapped<\/td>1.5% (no minimum to miss)<\/td><\/tr>
    Mari Credit Card<\/td>1.5%<\/td>None<\/td>Uncapped<\/td>1.5% (no minimum to miss)<\/td><\/tr>
    UOB One<\/td>3.33%<\/td>S$600 (10 transactions)<\/td>S$200 per quarter<\/td>No cashback<\/td><\/tr>
    DBS yuu<\/td>18%<\/td>S$800 + 4 partner merchants<\/td>S$144<\/td>0.5% at yuu merchants<\/td><\/tr>
    Citi Cash Back<\/td>8%<\/td>S$800<\/td>S$80<\/td>0.2%<\/td><\/tr>
    OCBC 365<\/td>6%<\/td>S$800<\/td>S$80<\/td>0.25%<\/td><\/tr>
    HSBC Live+<\/td>8% (5% after 2 quarters)<\/td>S$600 (S$1,000 in quarter 1)<\/td>S$250 per quarter<\/td>0.3%<\/td><\/tr>
    UOB EVOL<\/td>10%<\/td>S$800<\/td>S$80<\/td>0.3%<\/td><\/tr>
    DBS Live Fresh<\/td>6%<\/td>S$800<\/td>S$70<\/td>0.3%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
    <\/div>\n\n\n\n

    Rates, caps and minimum spends verified against each issuer’s own page in August 2026. \u26a0\ufe0f Banks revise these regularly \u2014 check the issuer’s site before you apply.<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Five of the cards above pay between 0.2% and 0.3% in any month you fall short. That’s no more than a fifth of what the simplest flat-rate card pays, and the flat-rate card asks nothing of you at all.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    \ud83d\udcd6 Related Guide: Not sure a cashback card is the right shape for you at all? Our best credit cards in Singapore roundup<\/a><\/strong> covers miles, rewards and cashback side by side.<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best Cashback Card by Spending Category<\/strong><\/h2>\n\n\n\n
    <\/div>\n\n\n\n

    The right card depends on where your money actually goes each month. Pull up your last three statements before you read this section, because the answer is usually obvious once you see your own numbers.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for a One-Card Strategy: Mari Credit Card<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"Orange<\/figure>\n\n\n\n

    Image Credits: Maribank<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    If you want one card that handles everything without a spreadsheet, Mari Credit Card is the cleanest option in Singapore. It pays a flat 1.5% on local spend with no minimum, no cap and no annual fee, and 1.5% on overseas spend too.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    The one-card case rests on what you avoid rather than what you earn. There’s no threshold to miss, no category to track, no statement cycle to time and no fee to claw back. The rate you see is the rate you get, in every month of the year.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Mari has also waived its foreign transaction fee from 1 January 2026 through 31 December 2026, which makes it unusually capable abroad for a bank card. Note that end date<\/strong>, because it’s a promotion rather than a permanent feature.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> anyone who has tried optimising and quietly stopped. It won’t beat a well-worked tiered card in a strong month, but it beats a badly-worked one in every month.<\/p>\n\n\n\n

    <\/div>\n\n\n\n
    <\/div>\n\n\n\n
    \n

    \ud83d\udca1 Pro tip:<\/strong> There are two things no cashback credit card can do abroad, however good its FX deal. It can’t let you lock a rate before you travel, and it can’t hand you cash without triggering a cash advance fee. A YouTrip card covers both: 12 currencies you can hold and lock, and the first S$400 of ATM withdrawals free each month.<\/p>\n<\/blockquote>\n\n\n\n

    <\/div>\n\n\n\n

    Best for Unlimited Flat-Rate Cashback: UOB Absolute Cashback<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"Copper<\/figure>\n\n\n\n

    Image Credits: UOB Singapore<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    UOB Absolute Cashback<\/a> pays 1.7% on everything, which UOB calls the highest limitless cashback rate in Singapore. There’s no minimum spend, no cap<\/strong>, and no categories to track.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    The annual fee is S$196.20 including GST, waived for the first year. Cashback doesn’t apply to NETS, instalment plans, balance transfers, or cash advances.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> people who don’t want to think about it. If tracking categories and minimums sounds like admin you’ll forget by week two, this is the card that still pays you.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for Everyday Spend Across Categories: UOB One<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"UOB<\/figure>\n\n\n\n

    Image Credits: UOB Singapore<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    UOB One<\/a> works on a quarterly structure. Spend at least S$600, S$1,000 or S$2,000 a month with a minimum of 10 purchases, and you get S$60, S$100, or S$200 respectively per quarter.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Do the division and every tier lands at the same 3.33% base rate. UOB advertises up to 20%, and up to 18% on groceries, but those numbers come from stacked merchant bonuses. Those bonuses sit at McDonald’s, Grab, Shopee, and SimplyGo, and they’re capped at S$120 per statement month on top.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    The annual fee is S$196.20 including GST, waived for the first year. The catch is that the minimum applies every month of the quarter. One quiet month and the whole quarter’s cashback is gone.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> households with steady, predictable spending above S$2,000 a month. It’s the best base rate of any tiered card here, but it punishes an irregular month harder than anything else on this list.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for Dining and Petrol: OCBC 365<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"OCBC<\/figure>\n\n\n\n

    Image Credits: OCBC <\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    OCBC 365<\/a> pays 6% on petrol, 5% on dining including food delivery, and 3% on groceries, land transport, streaming, utilities and Watsons.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Spend S$800 a month and your cashback caps at S$80. Spend S$1,600 and the cap doubles to S$160. The annual fee is S$196.20 including GST, waived for the first two years, then waived automatically if you spend S$10,000 in a year.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> drivers. The petrol rate stacks with pump discounts, and OCBC quotes up to 22.1% total savings at Caltex once you combine the 18% upfront discount with cashback.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for Supermarket and Delivery Runs: DBS yuu<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"Black<\/figure>\n\n\n\n

    Image Credits: yuu Rewards Club<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    DBS yuu<\/a> advertises up to 18% cash rebates, and the maths does add up. It’s 0.5% base, plus 4.5% bonus with no minimum, plus 13% more once you qualify.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Qualifying means spending at least S$800 a month and transacting at four different participating merchants. The list covers Cold Storage, Giant, Guardian, 7-Eleven, foodpanda, Gojek, Singtel, CHAGEE, Charge+ and SimplyGo.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Bonus rewards cap at S$144 a month. Everything outside those merchants earns 0.25%. The annual fee is S$196.20 including GST, with supplementary cards at S$98.10.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> anyone whose weekly shop already runs through Cold Storage, Giant or foodpanda. If it doesn’t, the 18% is unreachable and you’re holding a 0.25% card.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for Dining, Shopping and Entertainment: HSBC Live+<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"HSBC<\/figure>\n\n\n\n

    Image Credits: HSBC Singapore<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    HSBC Live+<\/a> pays up to 8% on dining, shopping and entertainment, made up of a 5% base rate plus 3% extra for your first two calendar quarters. Petrol earns 5% and everything else earns 0.3%.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    The minimum is S$1,000 across your first calendar quarter, then S$600 a month from the second quarter onwards. Cashback caps at S$250 per calendar quarter. The annual fee is waived in year one, then waived if you spend more than S$12,500 a year.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> big social spenders. The cap pools across the quarter rather than resetting monthly, so one heavy month isn’t truncated the way an S$80 monthly ceiling would truncate it.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for Online Shopping and Transport: UOB EVOL<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"UOB<\/figure>\n\n\n\n

    Image Credits: UOB<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    UOB EVOL<\/a> pays up to 10% on local online and mobile contactless spend, and the same on selected gym, telco and streaming subscriptions. Everything else earns 0.3%.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    The minimum is S$800 a statement month. The S$80 monthly cap is then split three ways: S$30 for online and mobile contactless, S$20 for gym, telco and streaming, and S$30 on all other spend.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Two things make it unusual. UOB waives the annual fee on principal and supplementary cards from 1 July 2026, and the card charges 0% FX fees worldwide with no minimum spend and no cap.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> people who pay by phone and shop online. If your spending is mostly taps and checkouts rather than restaurant bills, the sub-caps still limit you to S$30 a month in that category, so treat it as a steady earner rather than a big one.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for Shopping and Daily Rides: DBS Live Fresh<\/strong><\/h3>\n\n\n\n
    <\/div>\n\n\n\n
    \"DBS<\/figure>\n\n\n\n

    Image Credits: DBS<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    DBS Live Fresh<\/a> pays up to 6% on shopping and transport, built as 0.3% base plus an extra 5.7% once you spend S$800 in a calendar month. That bonus applies from the first dollar, not just the spend above the threshold.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Caps are per category: S$50 a month on shopping and S$20 on transport, so S$70 in total. It counts in-store, contactless and online spend both in Singapore and overseas. The annual fee is S$196.20 including GST.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best for<\/strong> commuters who also shop. The S$20 transport cap is small, so this earns most for people whose shopping does the heavy lifting and whose rides top it up.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    \ud83d\udcd6 Related Guide: If your spending leans towards rewards points instead, the HSBC Revolution card review<\/a><\/strong> covers the sibling card built for online and contactless spend.<\/em><\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Best Cashback Cards With No Minimum Spend<\/strong><\/h2>\n\n\n\n
    <\/div>\n\n\n\n

    Six cards in Singapore pay cashback from the first dollar with no minimum spend and no cap. UOB Absolute leads at 1.7%, followed by OCBC INFINITY and Citi Cash Back+ at 1.6%. Amex True Cashback, SC Simply Cash and Mari all sit at 1.5%.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    The trade is straightforward. You give up the headline rate and you get certainty in return.<\/p>\n\n\n\n

    <\/div>\n\n\n\n