Best Credit Card To Maximise Cashback

This post was originally posted on Planner Bee.

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.

Read more: Bad Habits to Avoid With Your Credit Card

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.

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.

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.

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.

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.

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.

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.

Citi Cashback +

The Citi Cash Back + card offers one of the highest unlimited cashback rates available, with no spending restrictions.

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.

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.

Here are the cards we recommend for each category

Read more: All You Need To Know About Credit Score