UOB Absolute Cashback Card
UOB Absolute Cashback Card
- 1.7%
- Cash Back on Eligible Spend
- $0
- Min. Spend per month
- Unlimited
- Cash Back Cap
MoneySmart Exclusive: Get S$100 Cash via PayNow on top of the UOB Online Promotion when you spend a min. of S$500 within 1 month from card approval date! For new-to-UOB Credit Cardmembers only. T&Cs apply.
Additionally, enrol in our Rollin' Rewards campaign for FREE and stand a chance to win 50,000 SmartPoints and redeem epic rewards!
UOB Online Promotion: Get a Samsonite EVOA Z Spinner 25'' Exp Luggage (worth S$730) when you apply, spend min. S$2,000 per month for 2 consecutive months. T&Cs apply.
Are you eligible?
MoneySmart Exclusive Flash Deal Promotion is valid from 01-December-2024 to 31-December-2024
UOB Online Promotion is valid from 01-December-2024 to 31-December-2024
Both promotions are only applicable for new-to-UOB Credit Cardmembers only.
Customers need to apply through MoneySmart to be eligible
Log into your MoneySmart account and submit a claim by 30th January 2025 in order to qualify for our MoneySmart Exclusive offer.
What you need to know
Get S$100 Cash via PayNow from MoneySmart when you apply and spend a min. of S$500 in Eligible Transactions within 1 month from card approval date.
[Rollin’ Rewards] Enrol in Rollin' Rewards by completing a simple 3-min questionnaire, and you could win up to 50,000 SmartPoints
[Rollin’ Rewards] This earns you 1 chance to score amazing prizes each month.
[Rollin’ Rewards] Increase your chances of winning when you successfully meet the eligibility requirements of this UOB Credit Card, submit the claim form, and have it successfully approved.
[Rollin’ Rewards] Redeem Epic Rewards with 50,000 SmartPoints such as:
- iPhone 16 Pro Max (18,760 SmartPoints)
- AND Apple Watch Ultra 2 (12,345 SmartPoints)
- AND Apple AirPods Pro (4,030 SmartPoints)
- AND Apple iPad Air Wi-Fi 11” (10,030 SmartPoints)[Rollin’ Rewards] Didn’t win anything this month? You could win in the next—Not to worry, your chance(s) of winning will automatically be accumulated, and rolled over into next month’s draw. T&Cs apply.
UOB Online Promotion: Get a Samsonite EVOA Z Spinner 25'' Exp Luggage (worth S$730) when spend min. S$2,000 spend per month for 2 consecutive months from card approval date. T&Cs apply.
All Details
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UOB Absolute Cashback Card Benefits 2024
Moreover, this card stands out for its unique feature of allowing cashback earnings on payments like taxes and insurance. If you’re still thinking about whether to get the UOB Absolute Cashback Card, let’s consider the requirements, pros and cons and other related factors before you arrive at your final decision.
Pros & Cons Of UOB Absolute Cashback Card
Pros
- 1.7% unlimited cashback on groceries, insurance, home furnishings, electronics and luxury shopping
- 1.7% unlimited cashback on overseas spend
- 0.3% limitless cashback on categories like healthcare, school fees, utilities and telco bills, Grab mobile wallet top-up, and government services
- Up to 14% fuel savings at Shell
- Up to 15% fuel savings at SPC
- Annual fee waiver available for first year only
- Exclusive access to shopping offers, travel deals, weekly UOB Coupons, and more within UOB Rewards+ on UOB TMRW
Cons
- Interest rate of 27.80%, which is higher than other cashback credit cards in the market
- Charges annual fee after the first year unlike other cashback credit cards like Standard Chartered Smart Credit Card and CIMB Visa Infinite Card
Compare UOB Absolute Cashback Card vs. HSBC Visa Platinum Card vs. Citi Cash Back + Card
Currently, it leads the pack as the most generous option in its category, particularly among entry-level cards in the market. When compared to the other popular cashback cards like HSBC Visa Platinum Card and Citi Cash Back+ Card, it furnishes a more generous 1.7% cashback on every purchase, making it a highly attractive choice for individuals seeking consistent rewards without the hassle of meeting minimum spending thresholds.
Although the HSBC Visa Platinum Card offers a higher cashback of up to 5% for spending on local dining and groceries (food deliveries and online groceries included), it still can’t match up to UOB Absolute Cashback Card’s greater flexibility in the cashback spending categories. Moreover, it has a minimum spending requirement of S$600 monthly in a calendar quarter to earn the 5% cashback.
When it comes to annual fee, the HSBC Visa Platinum charges the highest as compared to the UOB Absolute Cashback Card and Citi Cash Back+ Card. As for interest rate, the UOB Absolute Cashback Card is the most affordable, followed by Citi Cash Back+ Card, and lastly HSBC Visa Platinum.
| UOB Absolute Cashback Card | HSBC Visa Platinum Card | Citi Cash Back + Card |
|---|---|---|
| Interest rate: From 27.80% | Interest rate: From 26.90% | Interest rate: From 27.90% |
| Annual fee: $196.20 (first year waiver available) | Annual fee: $196.20 (waiver available) | Annual fee: $196.20 (first year waiver available) |
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Find Out More About The UOB Absolute Cashback Card In Our Blog Article!
UOB Absolute Cashback Card Application
Here are 3 simple steps to apply for the UOB Absolute Cashback Card
Apply via MoneySmart’s credit cards page
You may begin your application by clicking on our UOB Absolute Cashback Card's application link.
When you choose to apply online via SingPass MyInfo, UOB will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.
Provide all documentation required
You’ll need to provide all the necessary documentation in order for UOB to approve your credit card application. This list of documents include:
- NRIC or other identification details
- Latest computerised payslip
- Latest 12 months’ CPF Contribution History Statement
- Latest Income Tax Notice of Assessment (NOA)
Receive your UOB Absolute Cashback Card
You’ll be able to activate your UOB Absolute Cashback Card through UOB TMRW mobile app, and enter a One-Time Password (OTP) after keying in your 6-digit Online Banking PIN to secure all your credit card transactions.
Thereafter, it’s ready for you to use on any of your purchases and you can track your cashback rewards and credit card statements with your UOB TMRW mobile app!
Frequently Asked Questions About UOB Absolute Cashback Card
Are there any fees if I apply for the UOB Absolute Cashback Card?
- The UOB Absolute Cashback Card charges an annual fee of $196.20 (first year waiver available) and other fees like late payment fee, minimum monthly payment, foreign currency transaction fee, cash advance transaction fee, overlimit fee.
Am I eligible for the UOB Absolute Cashback Card?
- If you’re a Singapore Citizen, Permanent Resident (PR), you’re eligible to apply for the UOB Absolute Cashback Card, as long as you’re aged between 21 and above, and earn a minimum annual income of $30,000 (for Singaporeans and PRs) or $40,000 (for foreigners).