To get the additional cashback, you will need to spend a minimum of $600 a month. If you use it as an everyday card, replacing your debit card, I would say $600 is not too much. Assuming u spend your entertainment, dining, shopping and the occassional travel expenditure on this, spending $600 wouldnt be too difficult. And just like that, you will be able to enjoy the additional cashback. However, keep into consideration that you would only recieve a max of $60 cashback every month.. If you frequently shop online or visit restaurants and cafes, this card would be very good cause it comes with 1-1 deals. I would definitely use this card as an everyday card!

Hi Anon, let me share with you some benefits and information of the UOB YOLO card! Benefits 1. Bonus CASHBACK Cardholders earn up to 8% bonus cash rebates on Grab, Dining and Entertainment spend and 3% bonus cash rebate on Online Fashion and Travel spend. Spend a minimum of S$600 on eligible transactions per month in the qualifying periods. More information about privileges can be found here, and about events here. Cardholders who do not meet the qualifying spend will earn 0.3% cashback. Rebates are capped at S$60 per qualifying period and terms and conditions must be met. 2. FREE Travel Insurance Coverage Charge the entire fare to your UOB YOLO credit card to be able to enjoy free travel insurance of up to S$500,000. 3. Fees WAIVED in first year First year - FREE! Second year onwards - S$192.60 annually 4. First supplementary credit card FREE Annual fee - FREE! Subsequent supplementary cards - S$96.30 annually 5. Pay and dine with your mobile phone Get UOB YOLO deals through your mobile phone after signing up. Payment is easy and all it takes is one secure tap at one of the 10,000 store terminals which may support Apple Pay, Android Pay, UOB Mighty and Samsung Pay. 6. Auto enrolment to eStatement With your credit card statements archived automatically for up to 5 years from your subscription, you can easily track your spending. 7. Gateway to UOB Young Professional’s Solution UOB YOLO cards can be linked to a UOB One Account in a scheme that supports young professionals who wish to begin investing. Cash rebates and interest can be invested in a Unit Trust. 8. Quick Read Card design As the first Quick Read Card in Southeast Asia, the UOB YOLO Card offers an innovative layout. Numbers are vertically stacked to optimise your ability to read the card numbers swiftly and accurately. 9. Sign-up offer Up to S$230 in cash credits. S$150 cash credit when you apply for a new Credit Card (ends 30 June 2020) and S$80 cash credit when you open an account online (ends 20 April 2020). Other Information - Effective Interest Rate - 25.9% - Interest Free Period - Up to 21 days - Minimum Monthly Repayment - 3% of current balance or S$50, whichever is higher, plus any overdue amounts Application Requirements - Singapore Citizens: Minimum Annual Income of S$30,000 or Fixed Deposit collateral minimum of S$10,000 - Foreigners: Minimum Annual Income of S$40000 or Fixed Deposit collateral minimum of S$10,000 - Minimum Age of Primary Holder: 21 Conclusion In my opinion, it is worth to get the UOB YOLO card if you are a great spender on dining, travel, shopping and entertainment, since the card offers impressive rates in those areas. The cash boost applies to both local and overseas spending, which helps the card to stand out from its competitors. By linking your card with your UOB One Account, you can also accrue up to 3.88% in interest on your savings each year. Currently, there are sign up offers available for a limited period of time that provide cash credits, so it may be a good time to pick this card up!