Compare Singapore Cashback Credit Cards
Compare 16 cashback credit cards in Singapore by projected net annual cashback at your spending — published bank rates, category caps, and minimum-spend requirements.Last updated June 2026
Ranked by projected annual cashback at your entered spend. Ties broken alphabetically by issuer. Cards marked “Affiliate link” or “Affiliate” earn SGfi a referral commission if you apply through these links — this does not influence the ranking.
Ranked by projected annual cashback at your entered spend. Ties broken alphabetically by issuer. Cards marked “Affiliate link” or “Affiliate” earn SGfi a referral commission if you apply through these links — this does not influence the ranking.
Figures are estimates based on the spending you entered, assumed steady across the year, using standard Merchant Category Code (MCC) classifications and each issuer’s published rates. Monthly caps, annual fees and minimum-spend requirements are shown on every row and factored into the projections. Not modelled: promotional sign-up bonuses, merchant-specific exclusions, fee waivers beyond the first-year window shown, and future rate changes by issuers. First-year figures assume a new cardholder eligible for introductory rates; ongoing figures reflect post-introductory rates. Standard merchant coverage estimates are based on Singapore market share; you can adjust them in the settings above.
Actual earnings depend on your eligibility and each bank’s current terms, which may differ from the figures shown here — always verify with the issuer before applying.
How cashback is calculated
Card rankings on this page are dynamically calculated using the latest 2026 cashback metrics, category spending caps, minimum income thresholds, and active annual fees sourced from official banking portals in Singapore. The system projects estimated monthly and yearly cashback returns by parsing your configurable monthly spend across common categories (e.g., dining, travel, local retail) against each card's unique matrix. Spending limits are factored into the calculation algorithm to provide realistic projections. These projections are for illustrative purposes only and do not constitute financial advice.
Annual fee vs cashback value
A card with a higher headline cashback rate but a higher annual fee may project lower net cashback than a fee-free card with a flat rate.
Card summary table
Flat reference of every cashback card included on this page. Tap a card name to open its full review.
All Singapore card rates & feesarrow_forward| Card | Issuer | Base rate | Top bonus | Annual fee | Min spend |
|---|---|---|---|---|---|
| Citi Cash Back+ Card | Citi | 1.6% | — | S$196.20 | None |
| UOB Absolute Cashback Card | UOB | 1.7% | — | S$196.20 | None |
| Standard Chartered Simply Cash Card | Standard Chartered | 1.5% | — | S$196.20 | None |
| HSBC Live+ Card | HSBC | 0.3% | — | S$196.20 | None |
| Citi Cash Back Card | Citi | 0.2% | — | S$196.20 | None |
| OCBC 365 Card | OCBC | 0.3% | — | S$196.20 | None |
| Maybank Family & Friends Card | Maybank | 0.2% | — | S$196.20 | None |
| DBS Live Fresh Card | DBS | 0.3% | — | S$196.20 | None |
| CIMB Visa Signature Card | CIMB | 0.2% | — | No fee | None |
| UOB One Card | UOB | 0% | — | S$196.20 | None |
| Standard Chartered Smart Credit Card | Standard Chartered | 0.5% | — | S$99.19 | None |
| Citi SMRT Card | Citi | 0.3% | — | S$196.20 | None |
| HSBC Advance Card | HSBC | 1.5% | — | S$196.20 | None |
| Trust Cashback Card | Trust | 1% | — | No fee | None |
| DBS yuu Visa Card | DBS | 0.3% | 5% | S$196.20 | None |
| POSB Everyday Card | POSB | 0.3% | 6% | S$196.20 | None |
Frequently asked questions
How do monthly cashback caps work?
Most Singapore cashback cards limit how much cashback you can earn per month — either per category or in total. Once the cap is reached, additional spend in that category earns the base rate or no further cashback for the month.
What counts as eligible spend?
Banks typically exclude insurance premiums, education, government payments, charitable donations, and certain utility bills. Check each card's exclusion list before relying on the projected cashback.
What happens if I do not meet the minimum monthly spend?
Cards with a minimum spend requirement fall back to a lower rate (often around 0.2% to 0.3%) for the month if you do not hit the threshold. The calculator applies this fallback automatically.
How does the annual fee waiver work?
Some cards waive the annual fee from year two onwards if you spend above a certain annual amount.
Are these rates guaranteed?
No. Banks change cashback rates, caps, and eligible categories regularly. The numbers shown are projections based on rates verified at the date noted, not guarantees of future earnings.
Last verified: June 2026