Excellent! ROSHI has found 29 Cashback cards for you.

ICBC Horoscope Credit Card

3.8Good to Excellent

2%Cash Back on Selected Shopping and Dining

3%Cash Back on Overseas Spend

3 yearsAnnual Fee Waiver

  • Up to 6 free visits to VIP lounges located worldwide
Apply Now

On ICBC's website

Card Features

  • Up to 3% unlimited cash back on all overseas spending
  • Complimentary access to Dragon Pass Lounges. Such as Plaza Premium Lounge, SATS Premier Lounge and more
  • Sign-up for your card today and get 6 DragonPass Points in your account. Valid till 31 Dec 2019
  • 3 years Annual Fee Waiver

Annual Interest Rate and Fees

  • Anual Interest Rate24.00%

  • Principle Annual Fee$150

  • Supplementary Annual FeeS$75

  • Fee WaiverAvailable

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period25 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$30,000.00

Other

  • Card AssociationUnionPay

  • Wireless PaymentQuickPass

Citi SMRT Card

3.8Good to Excellent

5%Cash Back at Selected Grocery Stores

S$600Cash Back Cap per year

S$300Min. Spend per month

  • 2 years fee waiver for Principal and two (2) Supplementary cards
Apply Now

On Citibank's website

Card Features

  • Up to 5% savings on Groceries. 2.7% + 2% (for transactions above $50) + 0.3% (if monthly card spend is at least $300)
  • Up to 5% savings on Fast Food, Movies & Coffee. 4.7% + 0.3% (if monthly card spend is at least $300)
  • Up to 3% savings on Online Shopping. 2.7% + 0.3% (if monthly card spend is at least $300)
  • Up to 2% EZ-Reload Auto Top-up. 0.3% + 1.7% (If top-up more than $30. If $30 or less, 0.7% awarded instead)
  • Savings awarded in SMRT$. SMRT$ can be redeemed for cash rebate or vouchers

Annual Interest Rate and Fees

  • Anual Interest Rate25.90%

  • Principle Annual Fee$193

  • Supplementary Annual Fee$96.30

  • Fee WaiverAvailable

  • Minimum Monthly Repayment1% or S$50, whichever is higher

  • Interest Free Period25 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$42,000.00

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, Samsung Pay

UOB YOLO Credit Card

3.5Good to Excellent

Up to 8%on Online, Grab, Dining and Entertainment spend

Up to S$80Cash Back Cap per month

S$600Min. Spend per month

Apply Now

On UOB's website

Card Features

  • Up to 8% cash back on Online, Grab, Dining and Entertainment spend (3% weekday; 8% weekend)
  • Up to 28% off at ZALORA, Lazada and more
  • Up to 18% off at Expedia, Agoda and more
  • Free Travel Insurance Coverage when you charge your travel tickets to your card (Up to $500,000)
  • 0.3% cash back on all other spend
  • Minimum spend of S$600 per statement month for 8% and 3% cashback, otherwise 0.3% cashback earned on all spend.
  • Total cash back capped at S$80 per month, consisting of S$20 bonus cash back and S$60 base cash back

Annual Interest Rate and Fees

  • Anual Interest Rate25.90%

  • Principle Annual Fee$193

  • Supplementary Annual FeeN/A

  • Fee WaiverAvailable

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period21 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$40,000.00

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Android Pay, Mighty Pay

UOB Delight Card

3.5Good to Excellent

Up to 8%Cash Back at Selected Grocery Stores

S$50Cash Back Cap per month

Up to 3%Rebate on Contactless payments & recurring bills

Apply Now

On UOB's website

Card Features

  • Up to 8% rebate at Cold Storage, Market Place, Jasons, Giant and Guardian
  • Up to 3% rebate on ALL contactless payments and selected recurring bills
  • 10% off over 4,000 house brands at Cold Storage, Giant and Guardian
  • Up to 3% rebate on contactless transactions and recurring bills
  • li>Earn up to 10% SMART$ rebate at over 300 participating outlets islandwide

Annual Interest Rate and Fees

  • Anual Interest Rate25.90%

  • Principle Annual Fee$86

  • Supplementary Annual Fee53.5

  • Fee WaiverAvailable

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period21 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$40,000.00

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, NETS FlashPay, Apple Pay, Samsung Pay, Android Pay, Mighty Pay

UOB One Card

4.3Good to Excellent

Up to 10%rebate on Grab

S$300Cash Back Cap per quarter

S$2000Min. Spend per month

Apply Now

On UOB's website

Card Features

  • Up to 5% cash rebate on all spend for spend above S$2,000/month per quarter (up to 3.33% cash rebate for spend of $500 or $1,000 monthly)
  • Up to 24% savings on fuel purchases at SPC and 20.8% at Shell Stations
  • Up to 10% additional SMART$ rebate with UOB SMART$ Rebate Programme at over 400 participating merchants
  • Up to 6% rebate on Singapore Power utilities bill

Annual Interest Rate and Fees

  • Anual Interest Rate25.90%

  • Principle Annual Fee$193

  • Supplementary Annual Fee1st supplementary card free, $96.30 for subsequent cards

  • Fee Waiver1 year fee waiver

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period21 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$40,000.00

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Android Pay, Mighty Pay

Standard Chartered Spree Credit Card

4.3Good to Excellent

3%Cash Back on Online Spends in Foreign Currency

S$60Cash Back Cap per month

S$0Min. Spend per month

  • New-To-Bank customers: Get up to S$100 Cashback
Apply Now

On Standard Chartered's website

Card Features

  • New-To-Bank customers: Get up to S$100 Cashback when you apply for SCB Rewards
  • Existing customers: Get up to S$20 Cashback when you apply for SCB Rewards
  • No minimum spend and up to S$60 cashback/month
  • 3% cashback on all online spends in foreign currency and vPost spends
  • 2% cashback on all online spends in local currency, contactless and mobile payments
  • 1% cashback on all other retail transactions

Annual Interest Rate and Fees

  • Anual Interest Rate26.88%

  • Principle Annual Fee$193

  • Fee WaiverAvailable

  • Minimum Monthly Repayment1% or S$50, whichever is higher

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$60,000.00

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, Apple Pay, Samsung Pay, Google Pay

POSB Everyday Card

3.8Good to Excellent

Up to 15%Cash Rebates for everyday essentials

Up to S$80Cash Rebates cap per month

S$800Min. Spend per month

Apply Now

On POSB's website

Card Features

  • Up to 15% cash rebates on dining and transport
  • Up to 6% cash rebates at SPC, Sheng Siong, Watsons, Starhub, SP Group, Best Electricity, Geneco, iSwitch, Ohm Energy, Tuas Power and Union Power. No minimum spend required
  • Get 0.3% on everything else
  • Use it as an all-in-one card for your daily essentials, MRT/bus rides and ATM cash withdrawals
  • Your cash rebates never expires
  • 1 year fee waiver

Annual Interest Rate and Fees

  • Anual Interest Rate26.80%

  • Principle Annual Fee$193

  • Supplementary Annual FeeS$96.30

  • Fee WaiverAvailable

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period20 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$45,000.00

Other

  • Card AssociationMasterCard

  • Wireless PaymentMasterCard PayPass

OCBC Cashflo Credit Card

4.6Good to Excellent

1%Cash Rebate with Monthly Bill of S$1,000 and above

S$100Cash Rebate Cap per month

S$0Min. Spend per month

Apply Now

On OCBC's website

Card Features

  • Stretch payments across 3 or 6 months with 0% interest
  • Up to 1% cash rebate on all spend
  • Discounts on movie tickets and F&B at Cathay Cineplexes

Annual Interest Rate and Fees

  • Anual Interest Rate26.88%

  • Principle Annual Fee$161

  • Supplementary Annual Fee$80.25

  • Fee WaiverAvailable

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period23 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$45,000.00

Other

  • Card AssociationMasterCard

  • Wireless PaymentApple Pay, Samsung Pay, Google Pay

OCBC Frank Card

3.2Good to Excellent

6%Cash Back on Online Spend

S$60Cash Back Cap per month

S$300Min. Spend per month on Offline Purchases

  • 2 years annual fee waiver
Apply Now

On OCBC's website

Card Features

  • 6% rebate on online shopping
  • Up to 5% rebate for entertainment
  • 0.3% rebate on everything else
  • S$60 monthly capped rebate with monthly offline min. spend of S$400 (excludes online and NETS FlashPay Auto Top-Up spend)
  • 2 years fee waiver, subsequent years waived with min. spend of $10,000 p.a.

Annual Interest Rate and Fees

  • Anual Interest Rate26.88%

  • Principle Annual Fee$80

  • Supplementary Annual Fee$40

  • Fee WaiverAvailable

  • Minimum Monthly Repayment3% or S$50, whichever is higher

  • Interest Free Period23 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$45,000.00

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, NETS FlashPay, Apple Pay, Samsung Pay, Google Pay

Maybank Platinum Visa Card

4.0Good to Excellent

Up to 3.33%Cash Rebates on All Local Spend

0.3%Cash Rebate on Overseas Spend

S$100Cash Rebate Cap per quarter

  • Complimentary green fees at world-class golf fairways
Apply Now

On Maybank's website

Card Features

  • Up to 3.33% cash rebates on all local spend
  • 0.3% cash rebates on overseas spend
  • Enjoy up to 3% p.a. interest with Maybank Save Up Programme
  • Complimentary Travel Insurance coverage of up to S$500,000

Annual Interest Rate and Fees

  • Anual Interest Rate15.00%

  • Fee WaiverAvailable

  • Minimum Monthly Repayment3% or S$20, whichever is higher

  • Interest Free Period20 days

Minimum Income Requirements

  • Singaporean$30,000.00

  • Foreigner$60,000.00

Other

  • Card AssociationVisa

  • Wireless PaymentVisa payWave, Samsung Pay

  • Cashback Basics

  • FAQs

  • Ask Away

How Cashback Credit Cards Work?

A cashback credit card is a rewards card that gives you the means to gain cash rebates from your spent cash. They work in much the same way as a discount card, except that you earn the discount from certain purchases.

Make sure you check for any limits on the cashback credit card you choose. Some cards come with a minimum spend restriction as well as other inconveniences.

Finding the Best Cashback Credit Card in Singapore

Cashback credit cards in Singapore tend to offer quick means of earning rewards. Whether you shop in person or online, a cashback credit card will be very useful.

When it comes to finding the best cashback credit card for you, you need to look into your spending habits and where you spend most money. Once you find a card that fits your lifestyle and doesn’t come with any restrictions, you will likely have found the right one for you.

Bonus Cashback
Bonus cashback methods are slightly different. Most cards earn you a rebate from general purchases. Some cards have a bonus cashback option for certain categories, such as groceries, flights, and so on. Be sure to choose the category that suits you best!
Introductory Offers
Many cashback credit cards utilize an introductory offer to convince people to choose their card. You only get this offer if you are a new cardholder.

You’ll gain things like minor cashback bonuses and/or extra credit from your first few purchases. This may last for your first $100-150 worth of purchases. The exact amount varies depending on the chosen cashback credit card.

Best Cashback Credit Cards in Singapore (2020)

Credit Card NameCard CategoryPerks
American Express® True Cashback
Card
CashbackHighest cashback on big
purchases
Apply Now
Unlimited Cashback Credit Card
(Standard Chartered Bank)
CashbackUnlimited cashback plus Ez-linkApply Now
Citi Cash Back CardCashbackSave on dining, groceries
and Grab
Apply Now
POSB Everyday CardCashbackHigh cash rebats on dining
and online shopping
Apply Now
Spree Credit Card
(Standard Chartered Bank)
CashbackHighest cashback on GrabApply Now
UOB Yolo Credit CardCashbackCashback on online spend, dining
and entertainment
Apply Now
HSBC Visa Platinum Credit CardCashbackHigh cash rebats on dining,
groceries and fuel
Apply Now

Cashback Caps

The majority of cashback cards here in Singapore have a cashback cap that hits either each month or quarter. This limits you to earning a maximum amount of cash each month. (Usually, between $60 and $80)

There are some cashback cards that offer unlimited rebates. These cards tend to come without any bonuses, but they are great for big spenders!

Minimum Spend

Most cashback credit cards also require that you spend a certain amount before you start earning rebates. The amount varies depending on the level of your card. It could be as little as $500 or as high as $2000 each month. You should only apply for a card with minimum spend if your lifestyle permits it.

Cashback Cards Best Usage

Cashback cards are best for those that are willing to spend a decent amount on it each month. Travelers who don’t want to bother changing rewards points are another example. Cashback is a lot easier to handle in comparison.

Cashback cards are straight forward and offer small money benefits on transactions.

What is the Difference Between Cashback, Points, & Miles?

Each category has different levels of rewards and flexibility:

Cashback rewards are the easiest to use of all three options. When you buy things using a cashback credit card, a specific percentage of that money will be returned to your account at the end of the month.
Points rewards are also quite flexible as you can use them in a variety of ways. They can be exchanged for air miles, vouchers, or even cash. Each card works differently, so be sure to inspect the terms & conditions before making your choice.
Miles rewards have the lowest level of flexibility. They can only be used efficiently by people who travel often. Generally, you will use your credit card while traveling as well as with regular purchases. Luckily, your purchases get converted directly into air miles, so you won’t have to worry about exchange rates!

What is the Meaning of ‘Cashback’?

Obviously, cashback doesn’t mean you will get a bunch of spendable income in the mail every so often. Cashback credit cards don’t work like that. You don’t get actual money. What you do get, is credit on your card.

When this happens, your bank statement will reflect a positive charge. You can use this extra credit on whatever credit card purchase you want. You cannot withdraw it.

How do You Use a Cashback Credit Card?

When using a cashback credit card, a certain percentage of your expenditures will return as a rebate for your next purchase. For example, if your cashback credit card offers a 5% cashback on petrol and you spend $100, you’ll receive $5 in cash rebate to use on your next credit expense.

The same goes for any kind of cashback credit card. There are cards that offer cashback deals for flights, food, overseas wares, and so on.

How can I Earn Cashback?

You need to know how cashback works in order to figure out how to earn as much of it as you can over a short time. Once you’ve taken a look at what you spend on the most, you can determine what type of cashback credit card will be best for you.

If you travel overseas quite often, then you would want a cashback credit card that gives better rebates for overseas spending. On the other hand, if you prefer shopping, you’re better off with a cashback credit card that focuses on that.

What Kind of Purchases are Eligible for Cashback Rewards?

Cashback usually works with certain categories, like travel, shopping, fuel, and so on. Some of these cards come with a limit on how much rebate you can gain as well as a minimum amount you need to spend in order to get it at all. Other cards don’t have these restrictions at all.

The Standard Chartered Unlimited Card, for example, has a flat rate of 1.5% cashback, regardless of minimum spend. Do some research on top cashback credit cards online and see which works best for your specific needs.

What is the Highest Cashback Rebate Possible?

Cashback credit cards are competing with one another all the time. Not so long ago, 5% would have sounded very reasonable. These days, however, a good cashback credit card will reach at least 10%.

The downside to these higher rebates is that they come with restrictions, such as minimum spends, caps, and expiry dates. It is difficult to acquire a good cash rebate without these restrictions attached to it.

Should I Bother Getting a Cashback Credit Card?

It depends entirely on your lifestyle and what type of rewards you value the most. The two most popular forms of credit cards are cashback and air mile credit cards. Cashbacks tend to be quicker and allow you to earn a reward in a shorter period of time. If you like the idea of purchasing something at a discount every now and then, cashback is the way to go for you!

Air miles credit cards, on the other hand, take a very long time to earn you anything. It can take months to earn enough miles to get a free flight. However, a free flight is significantly more valuable than a small discount on your latte.

What is the Best Cashback Credit Card?

When you search for a cashback credit card, the first thing you should look into is the annual fee. Look for a card that offers annual fee waivers. This way, your cashback rewards will actually be worthwhile.

You also need to look into how each cashback credit card works. Does it have a limit, minimum spending, or any other factor that affects its value? Some banks offer higher rebates but sneak in these limiting factors. Watch out for this!

Lastly, look into where you earn cashback rewards. Some cards offer cashback for grocery purchases, others from overseas purchases, and so on. Consider where you spend the most money and pick a cashback credit card that fits in.

What Are Some Things I Need to Pay Attention to when Using a Cashback Credit Card?

You should keep in mind that a number of cashback credit cards offer a welcome promotion. You can use this to earn a little extra cashback once you hit a certain level of spending.

Some cards also incur extra charges when used overseas. This significantly reduces the worth of your cashback if you spend overseas often. Try to use a card that fits best for your situation.

How Long Does It Take to Receive Cashback from Purchases?

You receive your cashback rebate at the end of each month. The amount you receive depends on your card and on how much you spend. Some cards offer the rebate as credit, allowing you to purchase something at a discount.

Why Apply Through Roshi?

Roshi provides you with a completely unbiased review of all credit cards. We will give you a specific and accurate comparison to determine what suits your needs best. We also offer bonus incentives for any application you make through us.

Have a question? Ask us about anything!

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