Miles vs Cashback

UOB One Card

High everyday cashback for consistent monthly spenders across daily categories.

Issuer
UOB
Network
Visa
Rewards
Cashback
Annual fee
Annual fee, often waivable
DiningGroceriesTransportOnline shoppingGeneral spend

Pros

  • +Up to 10% cashback on selected merchants (Grab, McDonald's, SimplyGo, Shopee) plus groceries, with monthly minimum spend
  • +Rewards consistent monthly spenders across everyday categories
  • +Visa-based, so wide acceptance in SG and overseas
  • +First-year annual fee waived

Cons

  • Annual fee S$196.20 from year two onwards
  • Top rates need consistent minimum quarterly spend
  • The 20% headline is a limited new-customer promo (first quarter); standing max ~10%
Annual feeS$196.20as of 16 Jun 2026
CashbackUp to 10% on selected merchants (Grab, McDonald's, SimplyGo, Shopee) plus bonus cashback on groceries, with monthly minimum spend; ~0.2% on other retail spendas of 16 Jun 2026
Min. income (S'porean/PR)S$30,000/yras of 16 Jun 2026
Min. income (foreigner)S$40,000/yras of 16 Jun 2026

Eligibility: Age 21+. Seniors 56+ need only S$15,000; or S$10,000 fixed-deposit collateral instead of income.

Who it’s for

The UOB One Card is a cashback card from UOB, best suited to people who spend on dining, groceries, transport, online shopping and general spend. It carries an annual fee that can often be waived. Confirm the current terms before applying.

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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