CIMB Visa Signature Credit Card Review: Boosted 10% Cashback For Young Adults, Families, & Pet Owners

Get up to 10% cashback on everyday spending from groceries to pet care, without paying an annual fee. But the $800 minimum spend can be hard to hit.

Looking for a cashback credit card that rewards you where it really counts — like dining, online shopping, and even taking care of your furkids? The CIMB Visa Signature Credit Card is a top contender in 2025, offering one of the highest cashback rates in the market on select spend categories. Best of all, it’s free for life, making it an appealing choice for savvy spenders who want strong returns without annual costs. Whether you’re a young adult starting out, a parent managing family expenses, or a pet owner, this card makes it easy to earn back while you spend on the essentials.

SingSaver’s take

The CIMB Visa Signature Credit Card stands out for its generous 10% cashback across a diverse range of categories, making it ideal for those who frequently shop online and enjoy lifestyle spending. The card’s no-annual-fee structure and travel insurance coverage also add to its appeal. However, the requirement of a minimum monthly spend to unlock the higher cashback tier should be considered. 

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The CIMB Visa Signature Credit Card is designed for cardholders who value straightforward cashback with no annual fees. Cardholders can enjoy up to 10% cashback on a generous range of spend categories including online shopping, groceries, beauty and wellness, pet care, and cruise transactions — perfect for families, working professionals, and pet parents alike.

Beyond cashback, it also comes with complimentary travel insurance, no fees for supplementary cards, and no annual fee for life. The catch? Cashback is capped monthly, and you’ll need to hit a minimum monthly spend to unlock the full benefits.

#1: High 10% cashback rate on specific spend

When you spend at least S$800 each month, you can unlock a generous 10% cashback on the following categories, which makes the CIMB Visa Signature perfect for households and individuals who spend regularly across these areas.

#2: No annual fees

The card comes with no annual fee — ever. That’s a rare find, especially for a card that offers 10% cashback. There’s no need to apply for fee waivers or cancel the card if you don’t use it much in a particular year.

#3: Free supplementary cards

Want to earn cashback on your partner’s or family member’s spend too? You can apply for supplementary cards at no cost — a great feature for maximising cashback as a household.

#4: Be worry-free when travelling

Enjoy complimentary travel insurance coverage (up to S$500,000) when you charge your full travel fare to the card. This includes medical coverage overseas, trip delays, and baggage loss — a solid value-add if you’re planning holidays.

#5: Fantastic for selected demographic groups

Whether you’re a young working adult, a parent managing family spend, or a pet owner, this card is tailored to real-life expenses. Its category selection reflects how Singaporeans actually spend, rather than pushing niche or luxury perks.

#1: The spend categories are a bit too specific

You’ll only enjoy the 10% cashback if you spend within the selected categories. Spend outside of them — say, on transport, dining out, or insurance — and your rewards rate drops significantly.

#2: Online spend category is limited too

While online shopping is included, not all e-commerce or service platforms may qualify. For example, GrabPay top-ups or digital subscriptions may not fall within eligible spend — always check merchant codes.

#3: Decently high minimum monthly spend of S$800

To unlock the 10% cashback, you must spend at least S$800 a month. If your average spend is lower than that, the effective cashback rate may not justify using this card over a general cashback card.

Great fit for:

1. Young working adults who spend regularly on online shopping, beauty, and groceries.

2. Families managing large household expenses across food, wellness, and cruises.

3. Pet owners who spend monthly on pet supplies and vet visits.

Not recommended for:

1. Low spenders who rarely meet the S$800 monthly minimum.

2. Frequent overseas travellers looking for rewards in foreign currency spending.

3. Cardholders with variable spend patterns who prefer uncapped general cashback cards.

Up to 31 July 2025, CIMB is offering a welcome promotion for new principal cardholders of the CIMB World Mastercard, CIMB Visa Signature, or CIMB Visa Infinite cards. This promotion is valid for applications submitted between 1 January and 31 July 2025. T&Cs apply.

Here's how you can earn up to S$188 cashback:

• Step 1: Activate your new card and spend a minimum of S$108 on eligible retail or online transactions within the first 30 days from the card approval date to receive S$88 cashback.

• Step 2: Increase your total eligible spending to at least S$988 within 60 days from the card approval date to earn an additional S$100 cashback.

The CIMB Visa Signature is one of the rare cards in Singapore offering a flat 10% cashback across five practical categories — online shopping, groceries, beauty and wellness, pet care, and cruises. It does this with no annual fee, making it ideal for families, pet owners, and users who want to extract maximum cashback without paying extra for the privilege.

In contrast, many of its competitors impose annual fees, stricter cashback mechanics, or reward spending only within narrower categories. If you're someone who regularly spends at least S$800 per month and consistently shops within the eligible categories, CIMB Visa Signature delivers high returns with low fuss.

Here’s how the CIMB Visa Signature Credit Card compares:

DBS Live Fresh

DBS Live Fresh is often seen as one of the best cashback cards for the younger, digital-first crowd. It offers up to 10% cashback on online and contactless spend, which includes categories like food delivery, ride-hailing, and mobile wallet payments. However, DBS Live Fresh comes with an annual fee of S$192.60 (waived for one year), and cashback is capped at S$20 per category. What gives CIMB the edge is its lifetime no annual fee and broader practical spend categories like groceries, beauty, pet care, and cruises — making it especially attractive for households and pet owners. But if you're more of a tech-savvy, city-living individual who relies heavily on mobile payments, DBS Live Fresh may offer slightly more flexibility.

UOB One Card

The UOB One Card’s tiered cashback system gives you up to 10% cashback if you spend a fixed amount (e.g., S$2,000) every month over a 3-month quarter and meet a minimum of 5 transactions per month. The trade-off is that you must hit those tiers exactly and consistently. 

Compared to this, the CIMB Visa Signature offers simpler cashback mechanics. For those who want predictability and flexibility rather than rigid targets, CIMB is far less stressful to manage.

OCBC FRANK

The OCBC FRANK Card is tailored for Gen Z and young millennials. It offers up to 8% cashback on online and mobile payments including food delivery, subscriptions, and fast fashion retailers. However, the cashback cap is split across categories, and there is a S$194.40 annual fee (waived for 2 years). However, CIMB Visa Signature holds its own with a higher cashback rate (10%), broader spend categories, and no annual fee ever. It’s a more versatile choice for those with pets, families, or more traditional offline expenses like supermarket runs and cruise bookings.

Applying is simple — head to the CIMB website, fill in the online application form, and upload your identification and income documents. The process takes just a few minutes, and you’ll typically receive an approval decision within a few working days.