Guide to the Best Cashback Credit Cards + When to Use Which Cards

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When it comes to cashback cards, there are often many things to consider, such as minimum spends, existing relationship with bank, or spending caps. This page aims to list which are the cashback credit cards that will provide the highest cashback in a specific spending category.

Use this as a guide, and even use multiple cards strategically to maximise your cashback returns.

Note: Where possible, we try to prioritise cards with the following:

  • Easier mechanics to get cashback
  • Instant cashback rather than rebates which can only be exchanged for vouchers
  • Cashback within a category rather than co-branded cards for single brands

best cashback credit cards

So here goes, which are the best cashback credit cards for…

Dining | Shopping Online | Shopping Offline | Entertainment | Groceries | Recurring Bills | Petrol | Wellness | Hospitals | Insurance | Taxis | Travel | General Spends

Dining: Restaurants, cafes, fast food, food courts, etc.

  1. CIMB Visa Signature Card – 10% (min. spend S$500, cashback capped at S$60/mth)
  2. BOC Family Card – 10% worldwide (min. spend S$700, cashback capped at S$30/mth)
  3. Citi Cash Back Card – 8% worldwide (min. spend S$888, cashback capped at S$25/mth/category)
  4. OCBC 365 Card – 6% worldwide (min. spend S$800, capped at S$80 monthly)
  5. UOB YOLO Card – 8% weekend dining (min. spend S$600, cashback capped at S$60 monthly)
  6. Maybank Family and Friends Card – 8% on fast food (min. spend S$1,000, cashback capped at S$600/year)
  7. POSB Everyday Card – 15% on online food delivery and online food catering (min. spend S$800, cash rebate capped at S$50 per month)

Shopping online

  1. BOC Zaobao Credit Card10% (min. spend S$600, cashback capped at S$80/mth)
  2. DBS Live Fresh Card5% (min. spend S$600, cashback capped at S$20/mth)
  3. Standard Chartered Spree Card – Up to 3% (no min. spend, cashback capped at S$60/mth)
  4. OCBC Frank Card – 6% (min. spend S$400 offline, cashback capped at S$60/mth)
  5. CIMB Visa Signature Card – 10% on online spend in foreign currency (min. spend S$500, cashback capped at S$60/mth)

Shopping offline + department stores

  1. OCBC Robinsons Card – 5%-10% rebate at Robinsons and other merchants like Zara and Royal Sporting House (no min. spend or caps)
  2. BOC Zaobao Credit Card10% at department stores (min. spend S$600, cashback capped at S$80/mth)

Entertainment & movies

  1. UOB YOLO Card – 3% on weekdays and 8% on weekends (min. spend S$600, cashback capped at S$60/mth)
  2. OCBC Frank Card – 3% on weekdays and 5% on weekends (min. spend S$400 offline, cashback capped at S$60/mth)

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Groceries

  1. BOC Family Card – 5% (min. spend S$700, cashback capped at S$40/mth)
  2. Maybank Family and Friends Card – 8% (min. spend S$1,000, cashback capped at S$600/year)
  3. Citi Cash Back Card – 8% (min. spend S$888, cashback capped at S$25/mth/category)
  4. BOC Sheng Siong Card – Up to 12% at Sheng Siong (min. spend S$400 out-of-store, cashback capped at S$90/mth)
  5. UOB Delight Card – Up to 8% SMART$ rebates at Cold Storage, Market Place, Jasons (min. spend S$800, SMART$ rebate capped at 50/mth)
  6. Citibank SMRT Card – 5% at FairPrice, Giant and Sheng Siong (min. spend S$300, cashback capped at 600 SMRT$ yearly)
  7. OCBC 365 Card – 3% worldwide (min. spend S$800, capped at S$80 monthly)

Recurring telco bills

  1. BOC Family Card – 5% (min. spend S$700, cashback capped at S$40/mth)
  2. HSBC Visa Platinum – 5% (min. spend S$400, cashback capped at S$120/quarter)
  3. OCBC 365 Card – 3% for telco and electricity bills (min. spend S$800, cashback capped at S$80/mth)
  4. UOB Delight Card – 3% SMART$ rebates (min. spend S$800, SMART$ rebate capped at 50/mth)
  5. Citi M1 Platinum Visa Card – Up to 10% on M1 (min. spend S$600, cashback capped at S$300/year)

Petrol

  1. BOC Zaobao Credit CardUp to 30.7% cash rebate at Shell or SPC (min. spend S$600, cashback capped at S$80/mth)
  2. DBS Esso Card – Up to 23.6% at Esso
  3. OCBC 365 Card – Up to 23% at Caltex
  4. UOB One Card – Up to 24%

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Health & wellness stores

  1. CIMB Platinum MasterCard – 10% (min. spend S$500, cashback capped at S$60/mth)
  2. Maybank Family & Friends Card – 8% at Unity, Guardian and Watsons (min. spend S$1,000, cashback capped at S$600/year)
  3. POSB Everyday Card – 3% at Watsons

Other health and wellness expenditure

  1. CIMB Platinum MasterCard – 10% for Doctors, Dentists, Optometrists, Opticians, Chiropractors, Cosmetic Stores (excluding department stores), Hairdressers, Massage Parlours, Health and Beauty Spas (min. spend S$500, cashback capped at S$60/mth)

Hospitals

  1. CIMB Platinum MasterCard – 10% (min. spend S$500, cashback capped at S$60/mth)
  2. BOC Family Card – 5% (min. spend S$700, cashback capped at S$40/mth)

Insurance payments

  1. UOB One Card Up to 5% (min. spend of S$500, S$1,000 or S$2000 per month per quarter, cash rebate capped at S$50, S$100 or S$300 respectively per quarter)
  2. HSBC Advance Card – Up to 2.5% (no min. spend, cashback capped at S$70/mth)
  3. OCBC Great Eastern Cashflo Card – 1%
  4. Citi SMRT Card – 1% for Ace Insurance and Prudential (min. spend S$300, SMRT$ capped at S$600/year)
  5. UOB Delight Card – 3% SMART$ rebates for Prudential Insurance (min. spend S$800, SMART$ rebate capped at 50/mth)

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Grab, Ryde and taxi rides

  1. Standard Chartered cards – 15% on Grab until 31 Dec 2018 (min. retail spend S$900, cashback capped at S$30/mth)
  2. Citi Cash Back Card – 8% on Grab until 31 Dec 2018 (min. spend S$888, cashback capped at S$25/mth/category)
  3. BOC Family Card – 5% on Grab (min. spend S$700, cashback capped at S$30/mth)
  4. OCBC 365 Card – 3% worldwide (min. spend S$800, capped at S$80 monthly)

Travel (airlines, hotels, travel agencies, cruise lines, railways and ferries)

  1. CIMB Platinum MasterCard – 10% (min. spend S$500, cashback capped at S$60/mth)
  2. OCBC 365 Card – 3% when travel purchases are made online (min. spend S$800, capped at S$80/mth)

Other general spends

  1. Maybank FC Barcelona Card – 1.6% on local spend only (no min. spend, no caps)
  2. American Express True Cashback Card – 1.5% (no min. spend, no caps)
  3. Standard Chartered Unlimited Cashback Card – 1.5% (no min. spend, no caps)
  4. HSBC Advance Card – Up to 2.5% (no min. spend, cashback capped at S$70/mth, Advance banking customer +1% more cashback)
  5. UOB One Card Up to 5% (min. spend of S$500, S$1,000 or S$2000 per mth per quarter, cash rebate capped at S$50, S$100 or S$300 respectively per quarter)

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There we go! These are what we think are the best cashback credit cards that we should be using to get the most out of our spending. Bookmark this page because we’ll be updating this regularly.

If you think we’ve missed out a great cashback card or don’t agree with something, let us know and we’ll look into it right away!

Related: Ultimate Guide to Choosing a Credit Card

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