Best Cashback Credit Cards in Singapore (2026)

The UOB One Card remains Singapore's heavyweight cashback card, provided your monthly spending is consistent. Unlike cards that calculate rebates monthly, UOB One operates on a quarterly basis: you must hit your chosen spend tier (SGD 600, SGD 1,000, or SGD 2,000) AND make at least 10 transactions in every single statement month for three consecutive months to unlock the flat quarterly payout of SGD 60, SGD 100, or SGD 200.

Where the card pulls ahead of rivals is the additional monthly cashback on daily Singapore merchants. Qualifying cardholders earn an extra 5% to 6.67% (bringing total cashback to 8.33%–10%) at Grab (rides and GrabFood, excluding wallet top-ups), Shopee Singapore, McDonald's, and SimplyGo bus/MRT rides. Supermarket groceries (MCC 5411, including FairPrice, Cold Storage, Giant, and Sheng Siong) also earn additional bonus cashback on the SGD 1,000 and SGD 2,000 tiers, while SP Group utility bills earn an extra 1% on top of the base tier.

Note the mid-2025 tightening that carries into 2026: UOB raised the entry tier from SGD 500 (5 transactions) to SGD 600 (10 transactions) per month. If you spend SGD 2,500 in Month 1, SGD 2,200 in Month 2, and drop to SGD 580 in Month 3, you forfeit the entire quarterly payout for all three months.

If UOB One's three-month consecutive lock-in feels too rigid, the OCBC 365 Credit Card is the cleanest monthly alternative. Spend at least SGD 800 within a calendar month and you unlock a flat 6% cashback across four core household pillars: dining (restaurants, cafes, fast food, and food delivery), groceries, land transport (SimplyGo, Grab, Gojek, TADA, and ComfortDelGro), and petrol (stacked on top of station discounts at Caltex and Esso).

Because it tracks by calendar month (1st to last day of the month) rather than an arbitrary statement cycle date, budgeting is much easier to track. Each month stands on its own — missing the SGD 800 target in one month only drops your rebate to 0.25% for that specific month, without ruining the next two months.

Be aware of OCBC's recent revision: recurring telco bills, utilities, streaming subscriptions, and EV charging were removed from the bonus tiers and now earn only the 0.25% base rate. Use this card strictly for food, supermarkets, commuting, and fuel.

The UOB EVOL Card is tailored for digital-first spenders who pay for almost everything via Apple Pay, Google Pay, Samsung Pay, or online checkout. Once you meet the SGD 800 minimum spend in a statement month, local online and mobile contactless transactions earn 10% cashback, alongside 10% on selected telco, streaming, and gym merchants.

An underrated perk added to the UOB EVOL is its overseas spending structure: it charges 0% foreign transaction (FX) fees worldwide and gives up to 1% cashback on foreign currency spend with no minimum spend and no cap, plus zero annual card fees permanently.

The main catch is the tight sub-cap math. Because local online and mobile contactless cashback is capped at SGD 30 per month (which you max out after just SGD 300 of spend at 10%), you still need another SGD 500 of spending in the month to hit the SGD 800 minimum requirement. That remaining SGD 500 will only earn 0.3% unless it falls under the SGD 20 gym/telco/streaming bucket. In practice, your blended effective return on exactly SGD 800 of spend is around 4% to 6.25% — still strong, but lower than the 10% headline suggests.

Not everyone wants to count transactions, monitor MCC codes, or worry about whether a monthly bill crosses SGD 800. The Citi Cash Back+ Card (not to be confused with the older Citi Cash Back Card) strips away all conditions: you earn a flat 1.6% cashback on eligible retail spend with zero minimum monthly spend and no maximum cashback cap.

That makes it the go-to card for two specific situations: first, low-spend months where you might only charge SGD 200 to SGD 400 and would otherwise get 0.25% on a bonus card; second, big-ticket one-off purchases such as wedding banquets, home renovation packages, electronics, luxury watches, or private medical bills (subject to Citi's exclusion list) that blow past the SGD 80–160 monthly caps of high-percentage cards.

Cashback earned on the card never expires and can be redeemed via SMS or the Citi Mobile App in blocks of SGD 10 once you accumulate at least SGD 10 in rebates, or set to offset your statement automatically.

With DBS closing the main DBS Live Fresh Card to new general applicants, the POSB Everyday Card is the flagship cashback workhorse in the DBS/POSB stable. It operates on a hybrid model: even if you spend nothing else on the card, you still get 5% cash rebates at Sheng Siong supermarkets (capped at Daily$20/month, or SGD 400 spend) and 6% at SPC service stations with no minimum monthly spend.

When you hit at least SGD 800 in eligible spend within a calendar month, a second layer of bonuses unlocks: 10% on SimplyGo bus and train rides, 10% on online food delivery (GrabFood, foodpanda, Deliveroo), 5% on in-person dining, 5% on major online marketplaces (Shopee, Lazada, Amazon.sg, Taobao, RedMart, and TikTok Shop), and up to 10% on in-store spend in Malaysian Ringgit (MYR) — useful for Johor Bahru weekend trips.

Rebates are paid in "Daily$" (1 Daily$ = SGD 1), which do not expire and can be redeemed directly at the checkout counter at Sheng Siong or SPC, or converted into cash credit via the DBS digibank app. Note that utilities and telco recurring bills were removed from the POSB Everyday rebate programme in recent revisions.

Formerly known as the Standard Chartered Unlimited Cashback Card, the Simply Cash Credit Card is the primary rival to the Citi Cash Back+ Card (#4). It pays a flat 1.5% cashback on eligible local and overseas spend with no minimum monthly spend and no cap on how much cashback you can earn.

While 1.5% is 0.1 percentage points behind Citi Cash Back+'s 1.6% (a difference of SGD 1 for every SGD 1,000 spent), Standard Chartered wins on convenience: cashback is credited automatically to your next monthly statement without requiring you to log in or send an SMS to redeem in SGD 10 blocks. It also comes with a standard two-year annual fee waiver out of the gate, compared to one year at most other banks.