Cashback Guide

: Offers one of the highest flat rates at 1.7% and famously includes typically excluded categories like insurance and school fees.

: These cards offer a consistent rebate—usually between 1.5% and 1.7% —on almost all spending without a maximum cap or minimum spend requirement.

Cashback is a financial reward that returns a small percentage of a transaction's value to the consumer. In Singapore, this is primarily facilitated through credit cards, debit cards, and specialized shopping platforms. Unlike reward points or miles, which can expire or devalue, cashback provides flexible, direct savings that typically appear as a credit on your next monthly statement. Common Cashback Structures cashback

: These cards offer much higher rates—often 5% to 10% —but only for specific categories like dining, groceries, or petrol.

: Targets digital-first spenders with 10% cashback on online and mobile contactless payments. OCBC 365 Credit Card | Get Cashback on Everyday Spending : Offers one of the highest flat rates at 1

Credit cards in Singapore generally follow one of two main earning models:

: Features up to 8% back on petrol and 6% on dining and groceries, provided a minimum monthly spend is met. In Singapore, this is primarily facilitated through credit

: Provides 1.6% unlimited cashback with no expiry.