So, you are convinced about the great rewards and points the DBS yuu card has to offer. Between the Visa and AMEX version, which card should you sign up for? 

If one thing resonates with us Singaporeans, it's the joy of securing a fantastic money-saving opportunity. What if there's a way you can maximise your savings with minimal effort on your part? This aspiration has materialised into reality with the introduction of the DBS yuu Card, in partnership with the yuu Rewards Club.

Whether you're indulging your cravings at BreadTalk or exploring the wonders of Mandai Zoo, you can accumulate points simply by going about your daily spending routine.

In fact, you can earn up to 36x yuu Points (equivalent to 18% cash rebates) at participating establishments across Singapore! It’s easy to see why this card is currently one of DBS's best credit cards for cashback.

SingSaver’s take

If you frequent any of the participating yuu merchants, the DBS yuu Card should definitely be a credit card to add to your wallet. It offers entry into one of the most generous rewards programmes in Singapore, where you can earn a remarkable 36x yuu Points on your everyday expenses that spans various categories.

Plus, you also gain access to perks at well-known brands at over 1,000 locations throughout Singapore. These partnerships encompass various household merchants, including Cold Storage, CS Fresh, Giant, BreadTalk, Toast Box, Singtel, and Guardian.

This card is ideal for anyone seeking a more comprehensive and rewarding credit card, whether you're a working professional, a couple, or a family unit. What's even better is that you can consolidate your spending without diluting your points across an extensive rewards catalogue, all from your everyday expenditures!

Read full review

Maybank Family and Friends Card

Maybank Family & Friends Card is a generous cashback credit card perfect for those with a consistent monthly spending of at least S$500, and who spends frequently in their preferred categories. These include:

• Groceries

• Online shopping

• Transport

• Pharmacy

• Entertainment

• Dining & food delivery

• Beauty & wellness

• Retail & pets

• Sports & sports apparel

• Data communication & online TV streaming

Although cardholders who would like to maximise their cashback every month will need to keep a watchful eye on their expenses, Maybank has made this easy with the ‘Benefit Optimiser’ feature in the TREATS SG digibank app. 

>>MORE: Read the Maybank Family and Friends Card review

HSBC Live+ Card

Are you a lifestyle spender who’s primarily focused on cashback? If so, the HSBC Live+ Card may be the one for you. The card offers up to 8% cashback on dining (including local and overseas, and even some hotel dining), along with 15% discounts at over 200 restaurants across Asia through the Live+ Dining Programme. You'll get up to 8% cashback on retail shops, department stores, and online marketplaces.

This card may not be suitable for miles chasers, those who are unable to meet the minimum spending requirements, as well as those who do not frequently spend in the dining, shopping, and entertainment categories.

>>MORE: Read the HSBC Live+ Card review

High points earn rate at yuu merchants

Getting the yuu card? It makes sense to make most of your transactions at participating merchants, as this is where you will earn the most points, maximising the value of your card.

Below is a table of current participating yuu merchants:

Provided that you meet the minimum monthly spending of S$600, you will earn 36 yuu points for every S$1 spent at these merchants. This converts to 18% cash rebates or 10 mpd, which is one of the highest earn rates of any credit card in Singapore! Take note that bonus yuu points are capped at 15,600 per month.

If you fail to meet the S$600 minimum spending, you will still earn 10 yuu points for every S$1 spent at these merchants, which translates to 5% cash rebates or 2.78 mpd.

Travel benefits (only applicable to DBS yuu AMEX Card)

While the DBS yuu Visa Card and AMEX Card both earn you the same amount of points, the AMEX version has exclusive offers ranging from 30% off hotel bookings, free trials on PressReader and 15% off Bloomingdale’s. 

The full list of offers under the DBS yuu AMEX Card include: 

Other benefits

Besides the aforementioned benefits, DBS yuu cardholders can also enjoy privileges that include:

• Up to 14% off fuel at Esso

• S$2 off favourite essential items at Guardian and 7-Eleven every month

• Referral bonus when your friend signs up for a DBS yuu card

• Weekly foodpanda vouchers

Low points earn rate at non-yuu merchants

We already know how much you can earn for spending at participating yuu merchants. Now, let’s take a look at the earn rate at non-yuu merchants. 

DBS yuu Cardholders accrue 1 yuu point for every S$1 spent at merchants outside the yuu network. Utilising the conversion rate of 3.6 yuu points equating to 1 mile, the resulting earn rate works out to be 0.27 mpd. As you can see, this low rate means that it’s not advisable to utilize this card for non-yuu transactions. 

Additionally, alll international transactions conducted with the DBS yuu Card are subject to a foreign currency fee of 3% for American Express transactions and 3.25% for Visa transactions, respectively.

The DBS yuu Card is an excellent choice for individuals who frequently spend at participating erchants and are looking for high cashback or miles rates on their daily essentials. Make those merchants your regular go-to places for spending, and you'll maximise the card's benefits significantly.

yuu points can be redeemed for either cash rebates (instantly to offset purchases at yuu merchants) or converted to miles. This gives you flexibility based on your preference.

However, if your spending isn't concentrated at Cold Storage, Giant, Guardian, foodpanda, etc., you won't maximize the high cashback/miles rates. Other cashback cards might offer better rates on general spending. Additionally, high spenders who frequently exceed S$600 at yuu merchants may find that a different card offers better overall returns on your entire spend, as the boosted earning rate is capped at S$600 per month.

In essence, if you're looking for a highly rewarding card for your everyday essentials and you frequently shop at the wide network of yuu merchants, the DBS yuu Card can be incredibly beneficial.

Click on the ‘Apply Now’ button for your chosen card (Visa or AMEX) and complete the application form on DBS's website. If you choose not to share your information through MyInfo on Singpass, you will need to prepare the following documents:

• Front and back of NRIC/Passport/Employment Pass

• For salaried employees: Past 12 months' CPF statement (Singaporean/PR) or latest Income Tax Notice of Assessment or latest original computerised payslip

• For self-employed individuals: Last 2 years' Income Tax Notice of Assessment and last 3 months' bank statements

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