UOB EVOL Credit Card Review: Made To Save Your Money And Our Climate

Once known as UOB YOLO, UOB EVOL has grown to become an ever- evolving card that rewards contemporary desires and eco-friendly habits

The ever-changing nature of our times is deeply reflected in UOB’s newest millennial card, the aptly named UOB EVOL. Like its name suggests, we are constantly evolving, especially in our shopping and dining habits. The increasing prevalence of e-commerce and contactless payments make UOB EVOL a great card, as it offers 8% cashback on an endless list of online and mobile contactless transactions. 

In fact, 8% is undoubtedly high by today’s cashback credit card standards. Further enhanced by its low maintenance and generous flexibility, UOB EVOL has got your back in many ways. 

(Fun fact: The card’s 82% plant-based Polylactic Acid (PLA) card material is made of non-edible corns and each card produces 10g less carbon footprint.)

What has changed?

Previously known as the millennial-centric UOB YOLO, it sought to enliven the indulgence in all things recreational - with cashback perks revolving around dining, entertainment and taxi-booking. However, UOB YOLO is arguably restrictive given its emphasis on weekend spending, with an 8% cashback on weekends as opposed to a mere 3% on weekdays. True to its name, UOB EVOL has moved past this condition to provide the 8% cashback throughout the week. Additionally, the scope of UOB EVOL encompasses a wider range of options that qualify you for the cashback as it shifts its focus towards online and contactless mobile transactions

What the UOB EVOL Card can do for you

UOB EVOL Card product summary:

• Online Cashback: 8% on online transactions  
• Mobile Contactless Cashback: 8% on mobile contactless transactions done via Apple Pay, Google Pay, Samsung Pay or Fitbit Pay
• Min. monthly spend: S$600
• Income Requirements: S$30,000 (Singaporeans/PRs), S$80,000 (Foreigners)
• Minimum Age: 21
• Annual Fee: S$194.40

Why you should choose UOB EVOL credit card

#1: Legit savings anytime, anywhere 

UOB EVOL credit card offers 8% on an exhaustive list of online transactions and mobile contactless payments, making it an ideal credit card for your many online purchases. Given the ubiquity of online shopping and contactless payments right now, the possibilities are just endless. It can include your favourite food delivery options, like Deliveroo and Foodpanda, or universally-renowned e-commerce platforms like Taobao and Shoppee. The realm of e-commerce is ever-active, allowing you to enjoy savings anytime, anywhere.

#2: Be part of an eco-friendly community

With the looming threat that is global warming, UOB EVOL has dedicated itself to the preservation of our world. Boasting one of Southeast Asia’s first bio-sourced credit cards made from renewable plant-based materials, it saves plastic and reduces carbon footprint. Be part of the eco-friendly movement and enjoy exclusive discounts at eco-friendly stores such as Salad Stop! and Coconut Matter.

#3: Low maintenance, less pressure

Most credit cards have excessive monthly spend obligations to fulfil in order to reap the benefits, which ironically may be a financial crutch. With a reasonably attainable monthly expenditure of S$600, you get to enjoy a multitude of cashback benefits and exclusive discounts. 

Also, forget about those pesky annual fees because just three purchases a month for twelve months get you a waiver on your annual fees. To make things better, your first year is immediately waived upon a successful sign-up.

#4: Supercharge your savings account

If you’ve got an existing UOB One Account, make the most of it by applying for the UOB EVOL –– or other UOB credit cards for the matter. Credit card spends of at least $500 is one of the recognised categories to earn you higher interest rates, up to a maximum of 2.5% p.a.