Best Cashback Cards in Singapore

by Starry

Apr 09 2021

People often get excited whenever they encounter the word “Cashback”. Have you ever tried a cashback card? It is a word that signals something that is a net positive. It could be in the form of a bonus point that you get while you are shopping or dining in a restaurant. Whenever you spend a considerable amount of money, you probably expect to get some kind of cashback or discount attached to your deal. However, this is not always the case. That is why cashback credit cards are a lucrative option, because, with cashback credit cards, cashback is not an anamoly or bug, but a feature. 

Some of the cashback credit cards in Singapore present amazing offers that will entice you by giving you a stress-free shopping experience. Let’s have a look at some of the most preferred cashback credit cards in Singapore so that you can decide for yourself which one will suit you the best. Are you looking for the best cashback credit card for daily spending? Here’re the 6 best cashback cards in Singapore in 2021.

HSBC Advance Credit Card

If you are in search of a high cash-back credit card in Singapore then the HSBC advance credit card is a good choice, as it offers 3.5% cashback to its advanced customers. To become an advanced customer you would have to qualify for all of the below-mentioned conditions:

  • Monthly salary of $3500.
  • The minimum spending limit is $2000 per month.
  • The cashback cap is $125.

You can still get cashback if you are not an advanced member if you qualify for all of the following conditions-

  • Cashback is 1.5% to 2.5% of the total cost of the transaction.
  • The cashback Cap is $70.

Some Mandatory Conditions are-

  • Minimum Income of $30,000 per annum for Singaporeans.
  • For Non-Singaporeans, the Minimum income is $40,000 per annum.
  • An annual Fee of S$192.60 is applicable.
  • An interest rate of 25.9% (Annual) is applicable.
  • 1-year card annual fee waiver.

UOB One Card

It’s a cashback process that is a bit complex but it is one of the best cashback cards in Singapore for people who need to pay high amounts of bills every month as the minimum spending limit can be achieved by them every month, and they will be able to avail the cashback. UOB one card has a 3-tier spend system, after which the cardholder gets 3 cash backs.

Some Mandatory conditions for accessing the UOB cashback card are-

  • Minimum Income of $30,000 per year.
  • For Non-Singaporean, the Minimum Income should be $40,000 per year.
  • An annual Fee of $192.60 per year is applicable.
  • Supplementary Annual Fee: 1st Supplementary Card Free; $96.30 for subsequent cards.
  • Fee Waiver- Available
  • Interest Rate- 25.9% (Annual)

Maybank Platinum Visa Card

It’s a cashback process that is similar to the UOB one card as it pays quarterly cashback. Some of the places covered in the cashback scheme of the Maybank platinum Visa card are:

  • Yamaha Music Centre
  •  NTUC Fairprice
  • Sheng Siong
  • Redmart
  • Popular bookstores
  • Buying groceries in Singapore

Some mandatory conditions for getting cashback on this card are:-

  • Minimum annual income: $30,000 per annum.
  • Non-Singaporean Minimum Income: $60,000 per annum.
  • Annual Fee: $180.
  • Supplementary Annual Fee: Free.
  • Fee Waiver: 3 years fee waiver.
  • Interest Rate: 25.9% (Annual).

Citibank SMRT Card

Citibank SMRT card is the best cashback card in Singapore for your daily needs. It doesn’t require any minimum spending limit but if you are spending $300 per month then it will be a cherry on the cake as Citibank offers 5% cashback.

Some mandatory conditions to get a Citi cashback card are:

  • Minimum Income: $30,000 per annum.
  • Non-Singaporean Minimum Income: $42,000 per annum.
  • Annual Fee: $192.60.
  • Supplementary Annual Fee: $96.30.
  • Fee Waiver: Available.
  • Interest Rate: 26.9%(Annual).

American Express True Cashback Card

The American Express True Cashback Card is currently the best of all the Cashback credit cards in Singapore since it offers a 3% cashback for the first 6 months for up to a $5,000 spending limit and 1.5% cashback on everything.

Some mandatory conditions for accessing cashback on this card are:

  •  Minimum annual income: $30,000 per annum.
  • Non-Singaporean Minimum annual income: $60,000 per annum.
  • Annual Fee: $171 per annum.
  • Supplementary Annual Fee: $85.60 per annum.
  • Fee Waiver: Available.
  • Interest Rate: 25.9% (Annual).

Bank of China Family Card

It is one of the best cashback cards Singapore as it offers a higher percentage of cashback than many credit cards. It is particularly beneficial for food lovers as the card offers 10% cash back on dining and movies for the whole week. However, there is a cap of $25 on dining and movies. You will get 3% cashback on online shopping, Supermarket, and hospital bills. The minimum spending limit is $800 for the BOC( Bank of China) family card.

Some mandatory conditions to get a cashback are:

  • Minimum annual income: $30,000 per annum.
  • Non-Singaporean Minimum Income: $60,000 per annum.
  • Annual Fee: $203.30.
  • Supplementary Annual Fee: $101.65.
  • Fee Waiver: 1-year fee waiver.
  • Interest Rate: 28.88% (Annual).

Introducing Atome+: It’s better than most cashback cards in Singapore!

If you’ve had no luck even with the best cashback credit cards Singapore, wait till you hear about Atome+.

Atome+ is a customer rewards program brought forward by Atome only recently.

If you’ve never heard of Atome, it’s a BNPL application that allows its customer to shop from 15,000+ merchants and pay their bills in three monthly instalments that are 100% interest-free.

Unlike most cashback cards in Singapore, Atome+ rewards its users primarily by awarding them points when they pay for their purchases using Atome. For every $1 you spend when shopping from any of Atome’s merchants using Atome, you get 1 Atome+ point. 100 Atome+ can be used to seamlessly slice $1 off any of your purchases using the app.

Besides that, Atome+ even opens your gateway to getting rewards from most of Atome’s merchants every now and then. Moreover, you can use your Atome+ points to play in-app games like ‘Spin & Win’ to win even greater rewards!

Visit the Atome+ Rewards Center on the Atome app today to find out more about this ground-breaking feature!

How to earn Atome+ points?

Wondering how to earn Atome+ points to redeem them against your purchase using the Atome app? Well, here’s how!

  • Spend $1 buying from any of Atome’s merchants to win 1 Atome+ point. You are literally getting rewarded for spending!
  • Very frequently, you’ll see upsized campaigns flashing live on the Atome app. Keep an eye out for these campaigns, as they’ll help you get extra Atome+ points.
  • Refer to the Atome app for your circle. Upon each successful referral, you get 1,000 Atome+ points!

Now isn’t that better than the benefits offered by even the best cashback cards in Singapore?!

Exclusive deals, vouchers, and promos on the Atome app

Did you know that Atome stimulates greater savings by offering all of its users’ exclusive deals, vouchers, and promos that can be used to get products/services at lesser costs than usual? Well, now you do! More so, you even get notified of these events!

Atome prioritizes your savings, and you should too. Get the app now to do your wallet a favour!

First Order Up To $10 Off! Download Atome!
First Order Up To $10 Off! Download Atome!


If you are planning on increasing your savings over time, it is advantageous to get a cashback card in Singapore as it is one of the best ways to cut your living costs efficiently. Some credit cards have a cashback cap and a minimum spending limit but some are so generous that they offer unlimited cashback without any minimum spending limit. The list above has included all kinds of cashback cards in Singapore. All you have to do now is go through the features and figure out which would be the perfect credit card for your lifestyle.

Ultimately, when it comes to picking among the many Cashback cards in Singapore, the one that offers cashback on tier scheme pays more cashback than the others, so choose wisely.

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