Key Takeaways
UOB One and CIMB Signature offer the highest ride-hailing cashback at 10%, but require minimum monthly spend ($600–$800) for optimal rates.
HSBC Revolution and CIMB Signature charge zero annual fees, making them ideal for budget-conscious users.
E-wallet top-ups (GrabPay, ShopeePay) don’t usually qualify as eligible merchant category codes (MCCs). You must pay directly with your credit card each ride to earn its rebates or rewards.
Most cards require $30,000 minimum income for locals, though foreigners typically need $40,000–$65,000.
Maximise total rewards by pairing your ride-hailing card with specialised credit cards in other categories (e.g. dining, shopping).
If you're a frequent Grab or Gojek user in Singapore, the right credit card can turn your daily commutes into substantial savings. With cashback rates ranging from 1.5% to 10% and some cards charging zero annual fees, choosing strategically can save you hundreds of dollars each year.
However, some cards require you to understand the minimum spend requirements, reward caps, and platform restrictions in order to maximise your rewards.
At a Glance: Ride-Hailing Credit Card Comparison
Explore this clear side-by-side breakdown of top card offers across major banks. Discover perks for rides on Grab, Gojek, Comfort, TADA, and more, alongside key info on annual fees, eligibility criteria, and latest reward structures.
Credit card | Annual fee (Waiver) | Min. annual income | Ride-hailing rewards | Other benefits |
|---|
UOB One Card | $196.20 (1st year waiver) | Singaporean / PR: $30,000 Foreigner: $40,000 | 10% cashback on Grab, SimplyGo rides (New-to-UOB promo only; 1 Jul–30 Sep 2026) Min. $2,000 spend per month across 10+ transactions; 5% below that tier Cashback capped at $120 per month | 10% cashback on eligible Shopee, McDonald's expenses |
DBS yuu Visa Card | $196.20 (1st year waiver) | Singaporean / PR: $30,000 Foreigner: $45,000 | Up to 18% cash rebates (10 mpd) on Gojek, SimplyGo rides Min. $800 spend per month across 4 participating merchants per month | Large partner network (Cold Storage, foodpanda, 7-Eleven); flexible rewards |
OCBC 365 Credit Card | $196.20 (2 years waiver*) | Singaporean / PR: $30,000 (21-54), $15,000 (55+) Foreigner: $45,000 | 3% cashback on Grab, Gojek, TADA, Comfort rides Min. $800/$1,600 per month (Capped at $80/$160 cashback) Otherwise, revert to 0.25% base cashback | 6% petrol, 5% dining, 3% groceries/streaming/EV charging/Watsons, |
Citi Rewards Card | $196.20 (1st year waiver) | Singaporean / PR: $30,000 Foreigner: $42,000 | 10X bonus points on online ride-hailing services Capped at 9,000 bonus points per month | Flexible redemption (vouchers, Pay with Points); extra bonus with Citi PayAll |
HSBC Revolution Card | None | Singaporean / PR: $30,000–$65,000 Foreigner: $65,000 | 10X bonus points (~4 mpd) on eligible online/contactless ride-hailing and taxi rides; doubles to 20 bonus points (8 mpd) if you maintain $50,000 ADB in an HSBC EGA | 20,000+ redemption options; fast e-wallet pairing |
Maybank Family & Friends Card | $196.20 (3 years waiver) | Singaporean / PR: $30,000 Foreigner: $60,000 | 8% cashback on transport (public, taxi, petrol) Min. $800 spend per month (Capped at $25 per category) | Also covers Malaysia / Indonesia spend in local currency |
Amex True Cashback Card | $174.40 (1st year waiver) | Per MAS regulations | 1.5% cashback on all eligible ride-hailing platforms No min. spend, no cashback cap ⭐ 3% cashback on the first $5,000 spend in first 6 months as new cardmember | Automatic cashback; good for consistent spenders |
*2-year waiver for principal card; subsequent waivers with $10,000 annual spend.
Disclaimer: For complete exclusions, merchant acceptance (e.g. GrabPay / Wallet top-ups), and rewards category definitions, always check the issuing bank's T&Cs.
MoneySmart Tip |
If a ride-hailing transaction doesn't earn rewards despite paying directly, check: Did the transaction post under the ride-hailing app's registered merchant name (not a third-party biller)? Did you cross any monthly reward cap already? If everything checks out and you still see no reward, contact your card issuer with the transaction details for review. |
How to read this table
Ride-hailing cards fall into three reward types, and which one wins depends on how consistent your spend is:
Capped cashback | Uncapped cashback | Points & miles |
|---|
Cashback cards like UOB One and OCBC 365 pay out a flat percentage once you clear the eligible, minimum monthly spend. ✅ Great for predictable spenders | Unlimited cashback cards like AMEX True Cashback pays a flat rate on every dollar spent, with no minimum spend or ceiling. ✅ Lower headline cashback rate, but no tracking needed | Miles or rewards credit cards like Citi Rewards and HSBC Revolution convert your ride spend into points redeemable for vouchers, miles, or other perks. ✅ Best for airline miles and hotel partner redemptions |
How to Choose & Apply For a Ride-Hailing Credit Card in Singapore
Choosing well means matching a card's reward structure to how you actually use ride-hailing apps—not just picking the highest advertised percentage.
1. Start with which platform you actually use
Not every card rewards every app. DBS yuu leans Gojek/SimplyGo, OCBC 365 spans Grab, Gojek, TADA and Comfort, HSBC Revolution extends to taxi rides. Confirm your card covers the platform you ride on before anything else.
2. Work out your monthly ride spend, not just your ride count
Capped-cashback cards need you to clear a minimum spend before they pay out anything; that minimum is usually calculated on your total monthly card spend, not ride spend alone.
Credit card | Reward type | What $150 in ride spend alone earns |
|---|
AMEX True Cashback | Unlimited 1.5% cashback | $2.25 per month guaranteed |
UOB One | 5–10% | $0–$150 alone won’t fulfil the $600 minimum monthly spend requirement, so you won’t earn the bonus cash rebate rate |
MoneySmart Tip |
Capped-cashback cards reward total spend volume, not ride spend in isolation. |
3. Match the reward type to how consistent your spend is
If your ride-hailing spend is steady and forms part of a larger, predictable monthly total, a capped-cashback card can pay well once you clear the threshold. If your spend is irregular (i.e. heavy some months, light in others), an uncapped card guarantees a return every time, with nothing lost to a missed threshold.
4. Watch for exclusions beyond e-wallet top-ups
Cash advances, bill payments, government charges, or certain merchant category codes may not be eligible for rewards even if the platform itself is supported. If a ride-hailing transaction doesn’t earn rewards despite paying directly, check:
If everything checks out and you still see no reward, contact your card issuer with the transaction details for review.
5. Apply for credit card through MoneySmart
Click "Apply Now" on your chosen card's MoneySmart page. This redirects you to the bank's own application portal where you can login with Singpass MyInfo for instant document retrieval (Singaporeans/PRs) and almost-instant approval if all eligibility requirements are met.
If MyInfo can’t auto-retrieve your details or manual documents are needed for other reasons, have these ready:
Singaporeans/PRs: NRIC, latest CPF statement or payslip, proof of address (if needed)
Foreigners: Passport, Employment Pass/S Pass, latest 3 months’ payslips, bank statements with salary credit
Thereafter, save your application reference number from the bank’s number and wait for card approval. Remember to fill up and submit a separate claim form on MoneySmart to qualify for your exclusive sign-up gift/bonus, if any.
MoneySmart Tip |
Verification of your reward typically takes 2–4 months after your financial partner (bank) confirms the approved-applicant list. So don’t be alarmed if a MoneySmart-exclusive gift takes a while to process even after your card is approved. |
Why Trust MoneySmart?
