Best Cashback Credit Card Singapore 2023
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.
Enjoy cash rebates with these credit cards, no more headaches with all those points!
In 2023, these are some of the best cashback cards in Singapore. Some credit card requires no minimum spending at all.
Also on credit cards: Use these credit cards for groceries shopping.
HSBC Advance Credit Card
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 (or S$500 for HSBC Premier customers) |
*1% Bonus cashback is added on top of the base cashback when you:
- Deposit a minimum of S$2,000 (or S$5,000 for HSBC Premier customers) into your HSBC Everyday Global Account monthly; and
- Charge minimum of 5 eligible transactions to your HSBC Advance Credit Card monthly.
UOB UnionPay Card
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 |
American Express True Cashback Card
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.
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 Simply Cash Credit Card
Receive up to S$200 cashback when you activate and spend S$200 on eligible transactions within 30 days of card approval.
Earn 1.5% cashback on all your spending with no minimum spend and no cashback cap.
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 gives you up to 1.8% cash rebate with no minimum spend and no earn cap.
Spend Description | BOC Visa Infinite Card Cash Rebate |
Local Spend | 1.6% |
Overseas Spend | 1.8% |
Green Merchants | 1.8% |
Insurance and Education | 0.3% |
Citi Cash Back Card
Citi Cash Back Card is giving a welcome gift of S$300 cashback when you spend $800 in the first 2 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 |
- 8% cash back on Groceries & Petrol (7.75% bonus cashback + 0.25% base cashback)
- 6% cash back on Dining (5.75% bonus cashback + 0.25% base cashback)
Maybank Platinum Visa Card
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
OCBC 365 Credit Card
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 (Bus and train rides using SimplyGo, 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 per calendar month.
Note: If you spend less than S$800, a flat 0.3% cashback is awarded.
HSBC Visa Platinum Credit Card
You need to spend a minimum of SGD600 monthly (locally and abroad) in a calendar quarter:
Quarter | Qualifying period per Quarter |
1st Quarter | Between 1 January and 31 March, both dates inclusive |
2nd Quarter | Between 1 April and 30 June, both dates inclusive |
3rd Quarter | Between 1 July and 30 September, both dates inclusive |
4th Quarter | Between 1 October and 31 December, both dates inclusive |
The total rebates are 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
UOB One Card: Get up to 10% Cash rebate on retail spend:
Quarterly Cashback (3.33%)
Tier | Minimum Spend for the respective Quarter | Quarterly Cashback for the respective Quarter |
1 | In each Statement Month for the Quarter, a total of at least S$500 but less than S$1,000 worth of Card Transactions comprising at least 5 Card Transactions. | S$50 |
2 | In each Statement Month for the Quarter, a total of at least S$1,000 but less than S$2,000 worth of Card Transactions comprising at least 5 Card Transactions. | S$100 |
3 | In each Statement Month for the Quarter, a total of at least S$2,000 worth of Card Transactions comprising at least 5 Card Transactions. | S$200 |
Additional Cashback (capped at S$100 per statement Month)
Selected Merchants for Additional Cashback | Qualified for Tier 1 & 2 | Qualified for Tier 3 |
Dairy Farm International merchants such as 7-Eleven, Cold Storage, CS Fresh, Giant, Guardian, Jasons, Jasons Deli, Marketplace and CART | 5% | 6.67% |
Grab transactions with description “GRAB*” under Grab Taxi Holdings Pte Ltd and its affiliated companies, but shall exclude any Grab mobile wallet top-up transactions | 5% | 6.67% |
Shopee Singapore transactions, but excluding Shopee Pay transactions | 5% | 6.67% |
UOB Travel transactions, but excluding online, flight only bookings and relevant taxes | 5% | 6.67% |
SimplyGo transactions (wef 1 May 2022) | 5% | 6.67% |
Shell transactions (wef 1 May 2022) | NIL | 1.67% |
Singapore Power transactions | 1% | 1% |
Remember to apply for one of these Singapore’s best cash rebate credit cards!