Best Cashback Credit Card Singapore 2021

Forget about collecting reward points, get cashback instead!

Someone said before, “Cash is King”! These cards are good for expenses like a wedding, honeymoon, dining or even online shopping.

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Enjoy cash rebates with these credit cards, no more headaches with all those points!

In 2021, these are some of the best cashback cards in Singapore. Some credit card requires no minimum spend at all.

Also on credit card: Use these credit cards for groceries shopping.

HSBC Advance Credit Card

HSBC Advance Credit Card
Photo Credit: HSBC

Earn up to 3.5% cashback with HSBC advance credit card for all local and overseas purchases with no minimum spend required.

Spend per calendar month
Above S$2,000
S$2,000 & below
Cashback in a calendar month
Cashback for non-HSBC Everyday Global Account holder
2.5%
1.5%
Up to S$70
*Cashback for HSBC Everyday Global Account holder
3.5%
2.5%
Up to S$300

*1% Bonus cashback is added on top of the base cashback when you:

  • Deposit a minimum of SGD2,000 in fresh funds to your HSBC Everyday Global Account monthly; and
  • charge 5 transactions to your HSBC Advance Credit Card monthly.

UOB UnionPay Card

uob unionpay card
Photo Credit: UOB

Earn up to 2.0% cash rebate with UOB UnionPay Card for all local and overseas purchases with no minimum spend required.

Spend per calendar month
Cashback for UOB UnionPay Card
Cashback in a calendar month
No minimum spend
2%
Up to S$50
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American Express True Cashback Card

american express true cashback card
Photo Credit: American Express

American Express True Cashback Card gives you a generous 3% Cashback as a welcome bonus on up to a total of S$5,000 spend in your first 6 months.

If you make a minimum spend of S$500 in the first month, you can also receive up to S$80 CapitaVouchers.

Enjoy unlimited cashback with no minimum spend and no earn cap at 1.5% Cashback on all eligible purchases after the welcome bonus.

Spend per calendar month
Cashback for American Express True Cashback Card
Cashback in a calendar month
No minimum spend
1.5%
No earn cap

Standard Chartered Unlimited Cashback Credit Card

Standard Chartered Unlimited Cashback Credit Card
Photo Credit: Standard Chartered

Receive up to S$168 cashback sign up gift for Standard Chartered Unlimited Cashback Credit Card when you sign up and make 3 eligible transactions.

Earn 1.5% cashback on all your spending with no minimum spend and no cashback cap.

Receive 1% cashback on approved funds transfer amount.

Spend per calendar month
Cashback for Standard Chartered Unlimited Cashback Credit Card
Cashback in a calendar month
No minimum spend
1.5%
No earn cap

BOC Visa Infinite Card

BOC Visa Infinite Card
Photo Credit: BOC

BOC Visa Infinite Card gives you 1% cash rebate on all purchases made in Singapore, with no minimum spend and no earn cap.

For overseas transactions, you get to enjoy the waiver of 1.5% currency exchange fees.

If you have BOC Multi-Currency Savings account, you will also enjoy the interest of up to 3.55% p.a. when you spend a minimum of S$1,500 on your BOC Visa Infinite Card.

Spend per calendar month
Cashback for BOC Visa Infinite Card
Cashback in a calendar month
No minimum spend
1.0%
No earn cap

Citi Cash Back Visa Card

citi cashback credit card
Photo Credit: Citibank

Citi Cash Back Visa Card is giving a welcome gift of S$120 cashback when you spend $1,200 in the first 3 months.

Earn up to 8% cashback on dining, groceries, and petrol when you achieve a minimum spend of S$800 in a statement month. Cashback is capped at S$80 combined across all retail spend per statement month.

There is a 0.25% base cashback on all other retail purchases that have no earn cap.

Spend per calendar month
Cashback for Citi Cash Back Visa Card
Cashback in a statement month
S$800 & above
Up to 8% total cashback
Up to S$80
Below S$800
0.25% (base cashback)
No earn cap
  • Groceries & Petrol: 7.75% bonus cashback
  • Dining: 5.75% bonus cashback
  • Base cashback: 0.25%

Maybank Platinum Visa Card

Best Cashback Credit Card Singapore 2021 1
Photo Credit: Maybank

Maybank Platinum Visa Card gives quarterly cash rebate based on fixed-quarter spending:

  • January to March
  • April to June
  • July to September
  • October to December

Up to 3.33% cash rebates on eligible local spend

  • Tier 1: Minimum spend of S$300 per month in a calendar quarter
    • S$30 quarterly cash rebate
  • Tier 2: Minimum spend of S$1000 per month in a calendar quarter
    • S$100 quarterly cash rebate
Best Cashback Credit Card Singapore 2021 2
Photo Credit: Maybank

OCBC 365 Credit Card

Best Cashback Credit Card Singapore 2021 3
Photo Credit: OCBC

When you spend a minimum of S$800 in a statement month for OCBC 365 Credit Card, the cashback is as follows:

Cashback
Categories
6%
Dining
(Local & overseas dining, online food delivery)
5%
Petrol
(5% cashback on fuel spend at all petrol service stations)
(Up to 22.1% fuel savings at Caltex (including 18% instant discount for all fuel))
(Up to 20.2% fuel savings at Esso)
3%
Groceries
(Local and overseas groceries, Online groceries)
Land Transport
(Local and overseas private hire rides & taxi rides)
Online Travel
(Online air and cruise tickets purchases, Online hotel and tour bookings)
Utilities
(Recurring telco bills, Recurring electricity bills)
0.3%
All other spendings

The total cashback is capped at S$80.

Note: If you spend less than S$800, a flat 0.3% cashback is awarded.

HSBC Visa Platinum Credit Card

Best Cashback Credit Card Singapore 2021 4

Redeem a sign-up gift for HSBC Visa Platinum Credit Card: Get SGD50 cashback when you make one qualifying transaction + SGD120 cashback with SGD500 minimum spend + SGD30 cashback when you apply with MyInfo via SingPass.

You need to spend a minimum of SGD600 monthly (locally and abroad) in a calendar quarter:

  • January to March
  • April to June
  • July to September
  • October to December

The total rebates capped at S$250 per quarter.

Cashback
Categories
5%
Dining
(all food and beverage outlets in Singapore, except hotel dining)
5%
Petrol
(fuel spend at Caltex and Shell stations)
5%
Groceries
(all local grocery stores and supermarkets (including online supermarkets))

UOB One Card

Best Cashback Credit Card Singapore 2021 5
Photo Credit: UOB

UOB One Card: Get up to 5% Cash rebate on retail spend:

  • S$50 quarterly rebate:
    • Minimum S$500 spend (3.33% rebate)
    • Minimum 5 purchases each month for the quarter
  • S$100 quarterly rebate:
    • Minimum S$1000 spend (3.33% rebate)
    • Minimum 5 purchases each month for the quarter
  • S$300 quarterly rebate:
    • Minimum S$2000 spend (5% rebate)
    • Minimum 5 purchases each month for the quarter

Additional rebates:

  • Up to 5% additional rebates on Shopee, Dairy Farm Singapore, Grab, UOB Travel spends.
  • Up to 1% additional rebates on Singapore Power Utilities bills.

Remember to apply for one of these Singapore best cash rebate credit cards!

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