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Credit Card Comparison: UOB One vs HSBC Visa Platinum vs Citi Cash Back

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Choices are never easy. That’s why, we do the math, so you don’t have to. Compare This, a SingSaver series, is here to help make decisions a little easier for you.


UOB One, HSBC Visa Platinum and Citi Cash Back let you enjoy over 20% in petrol savings. Learn how to maximise your cashback with these rewarding credit cards.

UOB One, HSBC Visa Platinum and Citi Cash Back aren’t immediately comparable at first glance, but there’s more than meets the eye. For starters, all of them let you enjoy over 20% in petrol savings.

That’s not all they have to offer. Below, we break down their similarities and differences, pros and cons all in the name of helping you discover which one could be the best fit for you, your lifestyle and spending habits. 

UOB One vs HSBC Visa Platinum vs Citi Cash Back

Credit card Key benefits
UOB OneUp to 5% cash rebate on all eligible spend

Up to 24% fuel savings at SPC
HSBC Visa Platinum5% rebate on local dining, fuel and groceries (including online groceries)

Up to 20.2% fuel savings at Caltex
Citi Cash Back8% cashback on petrol and groceries, 6% on dining

Up to 20.88% fuel savings at Esso and Shell 

What these cashback credit cards have in common 

UOB One, HSBC Visa Platinum and Citi Cash Back require cardmembers to make a minimum monthly spend in order to earn high cashback on their purchases. They are all fantastic options for fuel savings, dining, grocery shopping and more. 

Another similarity these three cashback credit cards share? The $30,000 minimum annual income requirement.

How these cashback credit cards differ

Comparison #1: Cashback workings

 UOB OneHSBC Visa PlatinumCiti Cash Back
Cashback workingsUp to 5% cash rebate on all eligible spend 

Extra 5% cash rebate on Dairy Farm Singapore, Grab, Shopee Singapore and UOB Travel transactions when you qualify for your quarterly cash rebate, capped at $100 per month

Up to 24% fuel savings at SPC

Extra 1% cash rebate on SP Group utilities bills when you qualify for your quarterly cash rebate, excluding payments via AXS  
5% rebate on local dining, fuel and groceries (including online groceries)

Up to 20.2% fuel savings at Caltex

8% cashback on petrol and grocery shopping, both online and at major supermarkets

6% cashback on dining at restaurants, cafes, fast food eateries, and caterers

Up to 20.88% fuel savings at Esso and Shell 

Unlimited 0.25% cashback on other spend

UOB One, HSBC Visa Platinum and Citi Cash Back are good options for those looking to earn considerably high cashback on their purchases. Car owners and ride-hailing drivers should definitely look into them too, as all three cards offer significant fuel savings, making them worthy contenders for shaving monthly fuel bills. 

To maximise your fuel savings, be sure to: 

  • Use the SPC&U Card discount along with UOB One to get up to 24% savings at SPC 
  • Use the CaltexGO Payment discount or Indoor & Outdoor Fuel Payment discount along with HSBC Visa Platinum to enjoy up to 20.2% fuel savings at Caltex 
  • Pair Citi Cash Back with the Esso station or Shell site discount and Esso Smiles Card or Shell Escape discount to enjoy up to 20.88% fuel savings at Esso and Shell 

Comparison #2: Minimum spend required to earn high cashback

 UOB OneHSBC Visa PlatinumCiti Cash Back
Minimum spend required to earn high cashback$2,000 per statement month for each qualifying quarter to earn 5% cash rebate

$1,000 or $500 per statement month for each qualifying quarter to earn 3.33% cash rebate
$600 monthly in a calendar quarter $800 in a statement month

UOB One gives you more flexibility in determining your minimum spend hence cashback you can expect to earn on your expenses. However, take note that you’ll need to make a minimum of five transactions per statement month, in addition to hitting the minimum spend, if you want to bag the quarterly cash rebate. 

Comparison #3: Cashback cap

 UOB OneHSBC Visa PlatinumCiti Cash Back
Cashback capQuarterly cash rebate cap of $300, $100 or $50 depending on spend tier 

Extra 5% and 1% cash rebate capped at $100 per month 
Quarterly rebate cap of $250 $80 per statement month

Take your spending habits into consideration when picking the right card for yourself. Keep in mind UOB One lets you earn cashback on all eligible purchases you make while HSBC Visa Platinum and Citi Cash Back dole out high cashback on specific categories. 

UOB One’s 3.33% or 5% rebate on all eligible spending — including petrol — forms part of the up to 24% fuel savings you can enjoy at SPC. The 3.33% or 5% rebate earned on your fuel purchases counts towards the $50, $100 or $300 quarterly cash rebate. 

HSBC Visa Platinum’s 5% rebate on fuel forms part of the up to 20.2% fuel savings you can enjoy at Caltex. The 5% rebate earned on fuel purchases count towards the $250 quarterly rebate cap. 

For Citi Cash Back, the 8% cashback you can earn on petrol spending forms part of the up to 20.88% fuel savings you can enjoy at Esso and Shell. This 8% cashback counts towards the $80 Citi Cash Back cap that applies across categories per statement month.

For all three credit cards, you’ll still get to enjoy the other discounts available even if you’ve hit the cashback cap associated with your card’s rewards programme. These include: 

  • SPC&U and UOB debit/credit card discounts
  • CaltexGO Payment and Indoor & Outdoor Fuel Payment discounts
  • Esso station, Shell site, Esso Smiles Card, Shell Escape and Citi card discounts

Comparison #4: Annual fee waiver

 UOB OneHSBC Visa PlatinumCiti Cash Back
Annual fee waiverFirst year waiverTwo years waiverFirst year waiver

HSBC Visa Platinum is more generous than UOB One and Citi Cash Back on the annual fee waiver front.

Comparison #5: Extra perks

 UOB OneHSBC Visa PlatinumCiti Cash Back
Extra perks Up to 2.5% p.a. interest on your UOB One savings account 

Up to 10% SMART$ rebate at over 300 participating outlets across 3 categories islandwide: dining, shopping, and groceries

Exclusive Visa Signature dining, lifestyle and shopping privileges 

UOB dining, retail, travel privileges and more
Exclusive dining, leisure and retail offers for your family

Free ENTERTAINER with HSBC access, with 1-for-1 dining, lifestyle and hotel deals




Up to $1 million coverage when you charge your travel tickets to the card

Citi World Privileges: Get dining, lifestyle, travel and shopping deals locally and in 95 other countries

Be it UOB One, HSBC Visa Platinum or Citi Cash Back, you have access to plenty of dining, retail, and lifestyle privileges. Citi Cash Back offers complimentary insurance coverage while UOB One lets you earn higher interest on your savings when paired with the UOB One Account. 

Conclusion: Which one should you choose?

It is apparent these three cashback credit cards aren’t created equal. UOB One rewards cardmembers on all eligible purchases whereas HSBC Visa Platinum and Citi Cash Back offer rewards mainly on specific types of spending. It really boils down to your own unique spending habits and preference when it comes to deciding on the right card for yourself.  

Back to top

Choose UOB One: UOB One is ideal if you do a lot of your shopping at Cold Storage, Giant, Guardian, 7-Eleven, Marketplace, Jasons, Jasons Deli and Shopee, or if you spend frequently on Grab rides and Grab food deliveries. The extra 5% rebate you can earn is generously capped at $100 per month! If you drive, be sure to pump at SPC as this card lets you save up to 24%.

Welcome Offer: Receive S$150 cash credit if you are among the first 100 successful applicants to make a min. spend of S$1,500 within 30 days of card approval. Promotion is valid for select UOB credit cards. Valid till 31 July 2021. T&Cs apply.

Choose HSBC Visa Platinum: HSBC Visa Platinum is for you if you appreciate having access to ENTERTAINER with HSBC 1-for-1 dining, lifestyle and hotel deals on top of the 5% rebate you can earn monthly on essentials. This card lets you enjoy up to 20.2% fuel savings at Caltex, too. 


Welcome Gift: Score up to S$200 cashback when you apply via SingPass MyInfo and make a min. spend of S$500 from card approval date till the end of the following month. Existing HSBC customers will receive up to S$60 cashback. Valid till 31 August 2021. T&Cs apply.


Choose Citi Cash Back: Citi Cash Back is a great choice if the $800 minimum monthly spend requirement is not an issue for you. Besides letting you enjoy fuel savings of up to 20.88% at Esso and Shell, this card throws in complimentary coverage of up to $1 million when you charge your travel tickets to the card — a nice perk for those who usually don’t prioritise buying travel insurance for their trips abroad.


SingSaver exclusive promotion: Get a Dyson V8 Slim Fluffy (worth S$549) or a set of B&O Beoplay E8 Sport wireless earphones (worth S$499) or S$350 cash when you apply and make a qualifying spend of S$500 within 30 days of card approval. Existing cardmembers receive S$30 cash. Valid till 31 July 2021. T&Cs apply. Pick your Citibank card here!


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By Denise Bay
While Denise has a thing for travel, K-dramas, 0% sugar bbt (with boba!), Japanese cuisine and flat white, her curious nature means all sorts of random tabs are open on her phone 24/7. She doesn’t like to pay full price for anything, too.