What are the best cashback credit cards?
With so many cashback credit cards available in Singapore, choosing the right one can feel like a challenge. A quick online search often leads to a long list of options, each with different features. It’s easy to get overwhelmed.
To help you make an informed decision, here’s a straightforward look at some of the best cashback credit cards in 2025. We’ve grouped them based on their key features and benefits, so you can find one that fits your needs.
What is a cashback credit card?
A cashback credit card gives you a small percentage of your spending back in the form of cash rebates. This cashback is typically credited back to your account, allowing you to offset future expenses.
It’s important to note that cashback is not an instant discount. You’ll still pay the full amount at the time of purchase, and the rebate will be applied later.
Types of cashback credit cards
Every cashback card works differently. Some offer higher rates but come with more conditions, while others offer lower rates with fewer restrictions. Here are some common features to look out for:
Cashback cap
Most cards limit the amount of cashback you can earn each month. These caps are usually in place because the card offers high reward rates. Once you hit the limit, you’ll either stop earning cashback or the rate will drop. The cap usually resets every month.
Minimum spending
Some cards require you to spend a certain amount each month to unlock higher cashback rates. If you don’t meet the minimum, you’ll only receive the basic rate. Even falling short by a small amount, like S$1, can reduce your rewards significantly.
Unlimited cashback
These cards don’t have a monthly earning limit, but they usually offer lower cashback rates—typically around 1% to 2%. They’re best suited for those who spend a lot each month. If your spending is more modest, a card with a capped but higher rate might give you better value.
Best cashback credit cards for different needs
In this segment, we’ll highlight some of the top cashback credit cards available now. For each card, we’ll cover:
- Annual fees & waivers
- Minimum spending requirement
- Cashback rates
- Cashback caps
- Additional benefits
This breakdown should make it easier to compare your options and pick the card that suits your lifestyle best.
Read more: Bad Habits to Avoid With Your Credit Card
DBS yuu Card
The DBS yuu Card is a cashback credit card that rewards you for everyday spending across various categories. It’s designed to be flexible and easy to use.
| Details | |
| Annual fee & waivers | S$196.20 (waived for the first year) |
| Minimum spending requirement | Varies depending on how you use the card |
| Cashback rates | No minimum spend: Get 5% cashback or 2.8 miles per S$1 at yuu merchants Spend over S$600 per month: Earn up to 18% cashback or 10 miles per S$1 |
| Cashback caps | 5% base cashback: No cap at yuu merchants Bonus 13% cashback: Capped at S$78 per month |
| Additional benefits | Choose between cashback or KrisFlyer miles. Link your card to the Yuu App for easy tracking and redemption. Access monthly offers through “Especially for Yuu” deals. |
UOB One Card
The UOB One Card is a cashback credit card that rewards you for your everyday spending. It works across a range of common categories, making it a practical choice for daily use.
| Details | |
| Annual fee & waivers | S$196.20 (waived for the first year) |
| Minimum spending requirement | S$500 per month |
| Cashback rates | Up to 10% cashback at selected merchants:
Up to 4.33% cashback on Singapore Power utilities bill Up to 3.33% cashback on other retail spending (based on tiers) |
| Cashback caps | S$100 per statement month S$200 per quarter (if you make at least 5 transactions per month for 3 months) Quarterly cashback based on spend:
|
| Additional benefits |
|
OCBC Frank Card
The OCBC Frank Card is a popular choice for young professionals who shop online often or prefer using mobile contactless payments.
Note: The cashback rate has gone up from 6% to 8%, but the minimum spend has also increased—from S$600 to S$800.
| Details | |
| Annual fee & waivers | S$196.20 (waived for two years) After that, the fee is automatically waived if you spend at least S$10,000 in a year. |
| Minimum spending requirement | Spend at least S$800 each month to unlock higher cashback rates. If you spend less, you’ll earn a flat 0.3% cashback. |
| Cashback rates |
|
| Cashback caps | Up to S$100 cashback each calendar month. Each category is capped at S$25. Categories include:
|
UOB EVOL Card
The UOB EVOL Card is a good choice for working professionals who often shop online or use contactless payment apps. It has a low minimum spend and offers discounts at eco-friendly retailers.
| Details | |
| Annual fee & waivers | S$196.20 (waived for the first year) Also waived if you make at least 3 transactions each month. |
| Minimum spending requirement | S$800 per month |
| Cashback rates | 10% cashback on online and mobile contactless payments using apps like Google Pay and Apple Pay. 0.3% cashback on all other spending. Realistic cashback rate: Around 3.94%, or up to 6.36% if you include overseas spending. |
| Cashback caps | Total cap: S$80 per statement month
|
| Additional benefits |
|
DBS Live Fresh
The DBS Live Fresh card is a good option for young spenders. It gives cashback on online and contactless purchases. You also earn rewards when you shop with eco-friendly merchants.
| Details | |
| Annual fee & waivers | S$196.20 (waived for the first year) |
| Minimum spending requirement | S$800 |
| Cashback rates | 6% on shopping and transport 3.25% on in-store overseas spending 0.3% on all other spending (no minimum spend needed) |
| Cashback caps | Up to S$50 for shopping Up to S$20 for transport Up to S$50 for in-store overseas spending |
| Additional benefits | Split purchases over S$100 into 3-month instalments at 0% interest and no fees Choose from various card designs and customise your card |
Maybank Family and Friends
The Maybank Family and Friends card is a great option for both average and low spenders. It offers a flexible rewards system where you can choose five out of eight categories to earn cashback.
| Details | |
| Annual fee & waivers | S$196.20 (waived for three years) |
| Minimum spending requirement | S$800 / month |
| Cashback rates | 8% rebate on five preferred categories. Choose from:
|
| Cashback caps | Up to S$125 cashback each month (maximum S$25 per category) |
| Additional benefits |
|
Citi Cashback +
The Citi Cash Back + card offers one of the highest unlimited cashback rates available, with no spending restrictions.
| Details | |
| Annual fee & waivers | S$196.20 (waived for the first year) |
| Minimum spending requirement | – |
| Cashback rates | 1.60% 0.4% bonus cashback for Citi Plus customers (with a minimum retail spend of S$500) |
| Cashback caps | – |
| Additional benefits | Enjoy Citibank’s cardmember privileges and features:
Exclusive promotions at selected dining and retail outlets for cardholders |
UOB Absolute Cashback
The UOB Absolute Cashback card offers the highest unlimited cashback rate available, with no minimum spending required. It also lets you earn cashback on categories other cards often exclude, like insurance payments and medical bills.
| Details | |
| Annual fee & waivers | S$196.20 (waived for the first year) |
| Minimum spending requirement | – |
| Cashback rates | 1.70% |
| Cashback caps | – |
| Additional benefits | Exclusive American Express Card privileges, savings on dining, shopping, and accommodation. Exclusive Deals available through the UOB TMRW App |
Standard Chartered Unlimited Cashback
The Standard Chartered Unlimited Cashback card is suitable for those who spend a lot. It offers unlimited cashback with no minimum spending requirement.
| Details | |
| Annual fee & waivers | S$196.20 (waived for two year) |
| Minimum spending requirement | – |
| Cashback rates | 1.50% |
| Cashback caps | – |
| Additional benefits | Exclusive island-wide card deals with brands like Agoda, Caltex, Tangs, Starbucks, and more. |
Here are the cards we recommend for each category
| Best for | Best credit cards | Strategy to maximise cashback |
| Daily expenses |
|
|
| Household expenses |
| Use these cards for your household expenses to maximise cashback. |
| Unlimited cashback |
| For the remaining of your monthly payments and purchases, use one of the unlimited cashback credit cards. |
Read more: All You Need To Know About Credit Score
