facebookUOB EVOL Card Reviews and Comparison - Seedly

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Credit Cards/UOB EVOL Card
Credit Cards/UOB EVOL Card
4.1
11 reviews
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Summary

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  • Pays to access additional features

Summary of UOB EVOL Card Review 2022

  • An ideal starter credit card for the out-going working adult, with little to no financial commitment, as UOB EVOL offers rewards in social activities that they frequent. The relatively manageable minimum income requirement also makes UOB EVOL more accessible to those who've just started their jobs.
  • Not as ideal for thriftier spenders, or those looking for rewards for spending in more essential categories.

Card Features & Details

1) Key Features

  • Mobile contactless spend: 8% cashback for all in-person transactions (via Apply Pay, Google Pay, Samsung Pay, or Fitbit pay)
  • Online spend: 8% cashback (on dining, entertainment, shopping, fashion, Grab, hotels, and more)
  • All other transactions: 0.3% cashback 
  • To enjoy all card benefits, a minimum spend of S$600 is required per calendar month to enjoy accelerated cashback earn rate
  • Cashback capped at S$60 per statement month (S$20 on online, S$20 on mobile contactless spend, and S$20 on other spend)
  • Gain access to over 1,000 deals at eco-friendly, dining, and online shopping merchants
  • Receive up to 2.5% p.a. interest with your UOB One Account when you spend with the UOB EVOL Card

2) Eligibility

  • Age: 21 years old and above
  • Minimum income
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3) Fees & Charges 

  • Annual fees: $192.60 (first year fee waiver). Annual fee for subsequent years waived with min. 3 transactions every month.
  • Late fee: S$90
  • Annual interest rate: 25.90%
  • Foreign currency transaction fee: 2.80%
  • Minimum monthly repayment: 3% or S$50, whichever is higher
  • Interest-free period: 21 days

Frequently Asked Questions

Can you enjoy annual fee waiver for UOB EVOL Card?

  • Yes, the annual fee for the UOB EVOL Card of $192.60 (inclusive of GST) is waived for the first year

Who should apply for the UOB EVOL Card?

  • For working adults with an active social life to make use of the benefits which are focused more on social activities

What is the minimum income requirement for the UOB EVOL Card?

  • Singapore/PR: Minimum Income of S$30,000
  • Non-Singaporean Minimum Income of S$40,000
...see more

UOB EVOL Card

Up to 8% on Online and other spend

CASHBACK

Up to $80

CASHBACK CAP

UOB EVOL Card

Up to 8% on Online and other spend

CASHBACK

Up to $80

CASHBACK CAP

Reviews (11)

4.1

11 Reviews

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      Posted 24d ago

      Purchased

      UOB EVOL Card

      effectively a 6.67% cashback card. You will have to do your own DD to track your spending (split between mobile and online spend, together with some misc expenses) to optimize your cashback. otherwise, still a great card to have for fresh grads or even working adults with around $600 monthly expenses.

      0

      What are your thoughts?

      Posted 20 Mar 2022

      Purchased

      UOB EVOL Card

      Superb cashback card, but need to calculate spending for each category ($250 per each big category) and avoid charging large amount to this card. Can easily get $40-$50 cashback with slightly over $600 spending monthly

      0

      What are your thoughts?

      Posted 22 Feb 2022

      Purchased

      UOB EVOL Card

      3 posted transactions per statement month for fee waiver is easy to hit. Rebate is effectively capped at 6.67% ($40 for $600 spend in mobile contactless / online, requires $250 per category to max rebates). A very good card for the meticulous people that ensures spending is as close to $600 (but more than $600), and that spending is not done at one of the many UOB$ merchants e.g. cold storage.

      0

      What are your thoughts?

      Posted 30 Sep 2021

      Purchased

      UOB EVOL Card

      Great for students to use. I recall using it doing schooling days. UOB app is also easy to use so check it out!

      0

      What are your thoughts?

      Posted 23 Aug 2021

      Purchased

      UOB EVOL Card

      Great card with unique design. Its made of recycled plastic too, so a definite hit with those who are eco-friendly/conscious.

      0

      What are your thoughts?

      Posted 19 Sep 2019
      Pretty attractive dining and entertainment offers, but only if you visit these places. Overall, decent but not the best cashback program.

      0

      What are your thoughts?

      Posted 19 Sep 2019
      Interesting card face that rewards for “youngsters” kind of spending. To take note of the minimum spend else the Cashback percentage is relatively Low

      0

      What are your thoughts?

      Posted 19 Sep 2019
      Easy to use for the rebate on weekend. Definitely a must for dining and entertainment. Young people favourite. Will definitely recommend to friends.

      0

      What are your thoughts?

      28 May 2018
      Good card to fill the areas for dining, grab and entertainment as it offers more than ocbc 365 (which i was previously using). But note that 12% cash back is only for these categories, and any other categories would be best purchased with another card. If you eat out often and use grab frequently (even topping up of grab wallet), this would be a card for you. They have a recent 12% rebate promotion for 3 months, but check the terms and conditions for the min spend of $600. Best to call up UOB once you receive the card and reset your statement month to the calendar month, this way it will make it easier to hit the bonus qualifying period for the 12%.

      0

      What are your thoughts?

    • Only use when i dine with friends or watch the movies together, will try to use more next time , now paying minimum payment of $100 for $3000 spent till next paycheck.

      0

      What are your thoughts?

    Discussions (0)

      No Posts Found.

      Exclusive Rewards

      Receive S$480 worth of Scoot vouchers

      • Promotion valid only for the first 100 new-to-UOB cardmembers for each promotion month
      • To qualify for the reward, charge S$1,000 worth of transactions per month for 3 consecutive months from card approval date
      • Valid till 30 September 2022
      • Terms and Conditions apply

      UOB EVOL Card Benefits and Key Features

      As its name suggests, the UOB EVOL is great for the young and carefree. With UOB EVOL , enjoy up to 8% cashback on Dining, Grab, Entertainment and UOB Travel Spend on weekends. For weekdays, the same category of transactions will receive cashback at 3% instead. Also, for avid online shoppers, enjoy 3% cashback on Online Fashion and Online Travel Spend. To enjoy these extra cashback on top of the base rate of 0.3%, there is a minimum required spend of S$600 per statement month. It is also important to note that cashback, on top of the base rate, is capped at S$60 per month.

      For new UOB EVOL applicants, get to receive up to 10% Cashback on Online Spend (excluding Online Fashion and Travel Spend).

      For UOB One Savings Account holders, stand to earn up to 3.68% p.a. when you spend with your UOB EVOL Card.

      Find out how a Cashback credit card works, and the difference between Cashbacks and cash rebates.

      These are some features of the UOB EVOL Card and the Cashback benefits it has to offer.

      UOB EVOL Card Benefits

      Min. Spend

      Savings in Discount

      Savings in Dollar

      Weekend Grab Spend

      $100

      8%

      $8

      Weekend Dining & Entertainment

      $380

      8%

      $30.40

      Weekday Grab Spend

      $120

      3%

      $3.60

      Weekday Dining & Entertainment

      $300

      3%

      $9

      Online Fashion & Travel Spend

      $300

      3%

      $9

      UOB EVOL Card - Benefits

      The Best Credit Cards of 2022 Review: Is UOB EVOL Card good?

      Pros

      • Generous cashback of up to 8% for categories of Dining, Grab and Entertainment; great for individuals who enjoy these activities
      • There is also a 3-5% cashback on Online Spend which is ideal for those who prefer online shopping
      • An ideal starter credit card for the out-going working adult, with little to no financial commitments. UOB EVOL offers rewards in activities that they frequent like dining out, entertainment, and online shopping. The relatively manageable minimum income requirement also makes UOB EVOL more accessible to those who've just started their jobs.

      Cons

      • As shown in the table above, there are distinctions between weekday and weekend cashback rates; hence, might be additional work to keep track of.
      • Not for the thriftier spenders as there is a minimum spend requirement of S$600 to qualify for the attractive cashback rates
      • Not for those looking to get rewards on essentials like Groceries, or Public Transport
      • Low S$60 cashback cap per statement month. Assuming that the UOB EVOL cardholder leads a less penny-pinching lifestyle, one might easily hit this cap and the money-back might not be much in the grand scheme of his/her monthly spendings.

      Still unsure? Find out everything you need about credit cards - including what the Best Credit Cards in Singapore are for miles and Cashback, factors to consider before getting one, fees to know, and why a good credit score matters.

      You can also pose questions (anonymously, if you'd prefer) on the Seedly Community Q&A platform.

      Eligibility for UOB EVOL Card

      To be eligible for the UOB EVOL Card, you'll have to meet the following criteria:

      • Be at least 21 years old
      • Minimum Annual Income of S$30,000 and above per annum for Singaporeans and PR
        OR Fixed Deposit collateral of at least S$10,000
      • Minimum Annual Income of S$40,000 and above per annum for foreigner
        OR Fixed Deposit collateral of at least S$10,000

      Fees and Charges for UOB EVOL Card

      • Annual Principle Fee: $192.60 (Fee waived for first year)
      • Annual Supplementary Card fee: First card is Free, Second onwards is $96.30
      • Fee waiver: First year fee waiver
      • Interest-Free Period: 21 days
      • Annual Interest Rate: 25.90%
      • Minimum monthly payment: 3% or $50, whichever is higher
      • Late payment charge: $90
      • Cash advance fee: 6%
      • Overlimit fee: $40

      UOB EVOL Card Promotions

      UOB EVOL Card has welcome promotions that update regularly, so be sure to check UOB EVOL's official page for the most recent ongoing promos.

      Terms and Conditions of UOB EVOL Credit Card

      • Minimum spend amount of $600 a month
      • Cashback capped at $60 a month
      • Up to S$180 comprises of i) S$100 Cash Credit when you apply for a new Credit Card ii) S$80 Cash Credit when you open a UOB One Account. i) S$100 cash credit when you apply online for a new Credit Card from 1 Nov – 31 Dec 19
      • UOB defines weekend as 0000 Hour on Saturday to 2359 Hour on Sunday

      UOB EVOL Credit Card Cashback will not be award on:

      • Payments made to charitable/religious organisations
      • Payments government institutions and services
      • Cash advancements
      • Any late payment charges or interests charges on any Card
      • Any fees payable to the bank
      • For the full list of exclusions, refer to UOB EVOL Credit Card's full Terms & Conditions on its website

      How to Apply for UOB EVOL Card

      With the necessary documents of NRIC or Passports, you can

      • Apply Online via the 'Visit Site' link above or
      • Visit UOB Branches

      About UOB

      United Overseas Bank (UOB) was incorporated in 6th August 1935 as the United Chinese Bank. Through a series of acquisitions, it is now a leading bank in Asia. Besides Far Eastern Bank in Singapore, UOB’s major banking subsidiaries in the region are United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Indonesia and United Overseas Bank (China). UOB Group currently has a network of over 500 offices in 19 countries and territories in Asia Pacific, Western Europe and North America.

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