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Best Cash Back Credit Cards 2019

Comparison Table

Based on a monthly spend of $1,000, we look at how much total cashback one can get in a month.
Category Citi Cash Back Card SCB Unlimited Credit Card OCBC 365 Card OCBC Frank Card UOB YOLO AMEX True Cashback Card UOB One Card BOC Family Card
Monthly Spend $1000 $1000 $1000 $1000 $1000 $1000 $1000 $1000
Headline Cashback Rate 8% 1.5% 6% 6% 8% 1.5% 5% 10%
Minimum Monthly Spend $888 NIL $800 $400 $600 NIL $1000 $800
Maximum Monthly Cashback ($) $100 NIL $80 $60 $60 NIL $100 $100
Shopping/travel online 8% 1.5% 3% (for online travel) 6% (for online only) 8% (weekend),
3% (weekdays)
1.5% 3.33% 3%
Dining (inc. online delivery), Entertainment 8% 1.5% 6% 5% (entertainment) 8% (weekend),
3% (weekdays)
1.5% 3.33% 10%
Public transport (inc.ride sharing) 0.3%
8% (Grab till 30 June 2019)
1.5% (EZ-Link)
1.5% (Grab)
3% 0.3% 8% (weekend),
3% (weekdays)
1.5% 3.33% 3%
Petrol (%) 8% 1.5% 5% 0.3% 0.3% 1.5% 3.33% 0.3%
Total Cashback $60.63 $15.00 $42.50 $29.00 $60.75 $15.00 $33.30 $40.75
NOTE: The table includes prevailing cashback rates only and excludes merchant-dependent or seasonal cashback promotions on limited basis.

Best Cashback Credit Card: Citibank Cash Back Visa Credit Card

Your best daily essentials cashback card
After a thorough review of the cashback credit cards on the market, the Citibank Cash Back Visa credit card is a cut above the rest. Despite the above average minimum spend of $888 per month, the generous cashback cap of $100 per month is more than enough to convince us that this is your best choice. In the long run, using a Citibank Cash Back Visa credit card gives more value to your spendings as you earn 8% cashback on your basic necessities such as dining, petrol, and groceries at home or anywhere in the world. You can even earn 20.88% fuel savings on ESSO and Shell, and 8% cashback on Grab transactions (until 30 June 2019) so you can fill up those tanks or hail a ride-sharing service to earn. Other spendings will not go unrewarded as you earn 0.25% on all other retail purchases without cap. With Citibank Cash Back Visa credit card, you earn a generous reward for every spend you make.

Pros:

  • 8% cashback rate across common spend categories: dining, groceries, petrol
  • 8% on Grab rides
  • Relatively low $888 minimum monthly spend

Cons:

  • Cashback cap of $25 per category (max $100 for the 8% cashback)
  • Take note of exclusions within each cashback category and what counts towards your minimum monthly spend
  • Cashback credited to your account only after you’ve chalked up $50 of cashback

Read our full review of Citibank Cash Back Visa Credit Card
SingSaver Welcome Gift: $200 Vouchers (NTUC/Taka/Grab) for New Cardholders, $30 Vouchers (NTUC/Taka/Grab) for existing cardholders

Best Credit Card for Low Spenders and Fresh Graduates: Standard Chartered Unlimited Credit Card

Are you a low spender?
The Standard Chartered Unlimited credit card is one of the few cards with no minimum spend required and no monthly cashback cap. You have the freedom to spend any amount on any category and receive 1.5% cashback across all eligible spend. For added convenience, Standard Chartered Unlimited credit card can double up as your EZ-Link card so you can tap your card to pay for public transport and commute freely. Also enjoy hassle-free auto top-up with EZ-Reload when your card has insufficient value for payments. Works best especially for fresh grads or your first credit card, and you are still in the stage of assessing what you’re spending on and how much you’re spending.

Pros:

  • No minimum spend or cashback cap
  • 15% cashback on Grab rides till 30 June 2019 (T&Cs apply)
  • Low income requirement of $30,000
  • Two year fee waiver

Cons:

  • Low cashback rate of 1.5%
Read our full review of Standard Chartered Unlimited Credit Card
SingSaver Welcome Gift: $100 Cash for New Cardholders and $50 Cash for Existing Cardholders

Best Credit Card for Online Shopping: OCBC Frank Credit Card

Truly maximize your online shopping with cashback.
The OCBC Frank credit card is the best credit card for online shopping. With one of the lowest minimum monthly spend required ($400), OCBC Frank credit card appeals to its target market of young adults on a tight budget who shop online. Earn 6% cashback on your online purchases such as clothes and gadgets, flights and hotels, tickets for the next blockbuster movie, and even for ride-sharing services.

Pros:

  • 6% cashback for online shopping, including fashion retail, travel bookings
  • 5% cashback on weekend cafes and entertainment outlets
  • Low minimum monthly spend of $400

Cons:

  • Monthly cashback capped of $60
  • 0.3% cashback on all transactions if minimum monthly spend is below $400.
  • Online spend on utilities, dining, groceries, and others categories not rewarded
Read our full review of OCBC Frank Credit Card
SingSaver Welcome Gift: $50 cash rebate for new cardholders

Best Credit Card for Grocery and Transport: Citibank Cash Back Visa Credit Card

Traveling and groceries made easy.
Citibank Cash Back Visa credit card has the best cashback feature when it comes to groceries and transportation due to its standard 8% cashback on grocery and petrol spend; and up to 20.88% fuel savings at ESSO and Shell. That’s a lot of savings for traveling to work using ride-sharing, petrol for private vehicles and grocery spending for household needs. With a minimum monthly spend of $888 per month or $10,656 per year, you can earn a maximum cashback of $100 per month or $1,200 per year.

Pros:

  • 8% cashback rate across common spend categories: dining, groceries, petrol
  • 8% on Grab rides
  • Relatively low $888 minimum monthly spend

Cons:

  • Cashback cap of $25 per category (max $100 for the 8% cashback)
  • Take note of exclusions within each cashback category and what counts towards your minimum monthly spend
  • Cashback credited to your account only after you’ve chalked up $50 of cashback
Read our full review of Citibank Cash Back Visa Credit Card
SingSaver Welcome Gift: $200 Vouchers (NTUC/Taka/Grab) for New Cardholders, $30 Vouchers (NTUC/Taka/Grab) for existing cardholders

Best Credit Card for Dining:

Eat now, get 10% in cashback
The BOC Family credit card offers a market-leading 10% cashback rate on local and overseas cafes, restaurants, and fast food restaurants (excluding all food and beverage spend within hotels and wedding banquet held in hotels). A minimum monthly spend of $800 is required, cardholders have to monitor the cashback cap of $25 per category per month.

Pros:

  • Headline cashback rate of 10% for dining/movies
  • 3% to 5% cashback for groceries, online shopping and telco/transport
  • Convenient NETS FlashPay facility

Cons:

  • Minimum monthly spend of $800.
  • Monthly cashback cap of $80 ($25 each for dining/movies and shopping)
  • No cashback for fuel

Read our full review of BOC Family Credit Card
SingSaver Welcome Gift: N/A

Best Credit Card for Big Ticket Items: American Express True Credit Card

Large purchases deserve outsized cashback.
The American Express True credit card is a great cashback card for big-ticket items such as furniture, home appliances or a major life event (eg wedding, education). No minimum spend, no cap on cashback and no categories to track whatsoever. Despite the low standard cashback rate of 1.5% and an annual fee of $171.20 waived for just the first year, the American Express True credit card offers unlimited cashback. What makes it the best for big-ticket items is the 3% cashback on all eligible purchases you make locally and overseas, up to $5,000 spend for the first 6 months.

Pros:

  • Immediate cashback in the same month’s statement.
  • No minimum spend.
  • No cap on cashback.
  • No categories to track.

Cons:

  • Low standard cashback rate of 1.5%.
  • Annual fee of $171.20 (First year waived).
  • Welcome bonus of 3% cashback on up to total of $5000 spend in first 6 months
Read our full review of American Express True Credit Card
SingSaver Welcome Gift: Receive up to S$60 worth of vouchers upon min spend within the first month.

Best Credit Card for Fuss-Free Spending: UOB One Credit Card

Spending without the fuss
What makes UOB One credit card the best cashback card for fuss-free spending is its multi-tier cashback rate program ranging from as low as 3.3% to as high as 5% (monthly cashback cap at $100). You can spend for as low as $500 per month to start earning cashbacks while all other spending are rewarded with SMART$ rebates which you can redeem on-the-spot at participating merchants. And you can forget about annual fees since you have the option to have a perpetual waiver with a minimum annual spend of $12,000. It is like having a maintenance-free cashback card which you can use for your fuss-free spending, or would not want the hassle of tracking which category each spend is in.

Pros:

  • Up to 5% cashback on all spend.
  • Up to 10% cashback on all Grab transactions.
  • Automatic annual fee waiver (minimum spend of $12,000).

Cons:

  • Unused cashbacks expire after 2 years.
  • Tier-based minimum spend and cashbacks.
  • Cashbacks will be forfeited upon card termination.
Read our full review of UOB One Credit Card
SingSaver Welcome Gift: $50 Cash for new and existing card holders.

Best Credit Card for Everyday Spending: OCBC 365 Credit Card

The credit card you need 365 days a year
Although most credit cards cover the essential categories such as dining, shopping, traveling and entertainment, OCBC 365 credit card is truly an any day credit card. Cardholders earn 6% cashback on local and overseas dining including online food delivery; 5% cashback on fuel spend at all petrol service stations locally and overseas (up to 23% at Caltex); 3% cashback on local and overseas groceries including online grocery delivery; 3% cashback on local and overseas ride-sharing services including taxis; 3% cashback on online hotel and tour bookings; 3% on recurring telco and electricity bills; 3% cashback on online air and cruise tickets; and 0.3% cashback on all other spending. The card has one of the highest minimum monthly spend of $800, and a cashback cap of $80 per month.

Pros:

  • 6% cashback on local/overseas dining and online food delivery
  • 3% cashback on telco and electricity bills, 3% cashback on flight, cruise and hotel online bookings (e.g. Agoda and Airbnb)
  • Up to 23% cashback on fuel savings at Caltex (until 31 March 2019)

Cons:

  • Monthly cashback capped of $80
  • Minimum monthly spend of $800
  • Online transactions exclude purchases made via telephone or mail order
Read our full review of OCBC 365 Credit Card
SingSaver Welcome Gift: $100 cash rebate for new customers
Ready to compare other cashback credit cards? Choose easy with SingSaver: Compare and apply online for the best cashback credit cards in Singapore.