Methodology: Best Cash Back Credit Card

How we chose it:

We reviewed top products in the Credit Card category across a tailored set of evaluation criteria to determine which product offered the strongest value to consumers in Singapore. Maybank Family & Friends Card emerged as the top choice in this category based on both quantitative product features and qualitative factors.

This category was judged in collaboration with personal finance experts Sethisfy and Budget Babe, who reviewed the criteria and contributed to the final selection based on real-world applicability and consumer insights.

Key criteria included:

• Cashback Rate
• Eligibility and Annual Fees
• Sign-up Bonus
• Bonus Categories
• Cashback Cap
• Spending Requirements
• Redemption Options / Validity / flexibility
• Other Perks and Benefits
• User Experience (Mobile app, CS, website, etc.)
• Rates & fees (FCY charges, Interest Rates, etc.)