Miles vs Cashback

Trust Cashback Credit Card

App-first no-fee cashback card with a switchable quarterly bonus category.

Issuer
Trust Bank
Network
Visa
Rewards
Cashback
Annual fee
No annual fee
Beginner-friendly
GroceriesDiningTransportGeneral spend

Pros

  • +No annual fee
  • +Up to 15% cashback on 1 self-picked category per quarter
  • +Fully managed in-app, no paperwork
  • +Visa, widely accepted at home and abroad

Cons

  • 15% rate needs ~S$2,000/mo spend, caps ~S$250/quarter
  • Only 1 preferred category; just 1% local / 0.5% foreign base
  • Foreign-spend cashback was cut in Mar 2026
Annual feeNoneas of 16 Jun 2026
CashbackUp to 15% on 1 quarterly preferred category (capped); 1% on other local spend, 0.5% foreignas of 16 Jun 2026
Min. income (S'porean/PR)S$30,000/yras of 16 Jun 2026
Min. income (foreigner)S$60,000/yras of 16 Jun 2026

Eligibility: Age 21+. Seniors 55+ need only S$15,000. Foreigners need S$60,000 and a valid work pass. (Trust's Key Facts Sheet omits income; figures from third-party reviews.)

Who it’s for

The Trust Cashback Credit Card is a cashback card from Trust Bank, best suited to people who spend on groceries, dining, transport and general spend. It's beginner-friendly. There's no annual fee to worry about.

View official detailsAlways confirm the latest fees, rates and terms on the issuer’s site.

Sources

Last reviewed 16 Jun 2026.

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