UOB One vs. UOB EVOL Credit Card Comparison 2021



  • Details of rebate system & structure
  • General & boosted cashback rates
  • Minimum spend requirements & monthly rewards caps
  • Maximum potential annual earnings

Comparison of Perks & Privileges

  • Travel insurance offerings
  • Current petrol promotions & savings
  • SimplyGo & mobile pay compatibility
  • Extra rebate programmes & card-specific privileges

Comparison of Fees & Requirements

  • Minimum age & minimum income requirements
  • Annual fees, spend-based waivers & sign-on bonuses
  • Foreign transaction fees


Overview: UOB One Card vs. UOB EVOL Card

United Overseas Bank (UOB) offers several of the most competitive cashback cards in Singapore, including both UOB One Card and UOB EVOL Card (recently updated from the YOLO Card). While both are strong options, each caters to a different type of user.

UOB One Card provides flat cashback on a quarterly basis that works best for consistent household budgets of around S$2,000 a month. The UOB EVOL earns monthly cashback on online spend and mobile contactless payments, maxing out those rewards well before the card’s minimum spend requirement of S$600 a month. This makes the EVOL a better choice for young adults.

UOB One vs. UOB EVOL

UOB One Card UOB EVOL Card
Rates Min Spend S$500 / S$1k / S$2k per mo S$600 per mo
Rebate Boosts
  • S$500/mo spend: 3.33%
  • S$1k/mo spend: 3.33%
  • S$2k/mo spend: 5.00%
  • +1% on SP bills, +5% on Grab, UOB Travel
  • 8% on wknd entertainment, dining, Grab, UOB Travel (3% on weekdays)
  • 3% online fashion & travel bookings
Earnings Cap
  • S$500/mo spend: S$17
  • S$1k/mo spend: S$33
  • S$2k/mo spend: S$100
Perks Petrol Savings Up to 28.72% fuel savings at Shell Up to 24% fuel savings at Sinopec, 23% at Caltex, 20.4% at Esso
Compatibility SimplyGo & Mobile Pay Compatible SimplyGo & Mobile Pay Compatible
Card Privileges UOB SMART$, UOB Travel & Dining Advisor UOB SMART$, UOB Dining & Lifestyle Deals, UOB Travel Insider
Fees Annual Fee S$192.60 S$192.60
Waiver Option Waived for 1 year Waived for 1 year, then no fee with min 3 transactions monthly

Rewards Rates: UOB One Card vs. UOB EVOL Card

Both UOB One Card and UOB EVOL Card are great cashback options, but for very different types of spend. The contrast is obvious starting with the basic rewards structure of each card.

UOB One Card is a flat rebate card working on a quarterly system. You must hit a set minimum spend 3 months in a row to access cashback rates across the entire period. Users who spend at least S$2,000 per month get S$300 in rebates for the quarter, which translates to an effective cashback rate of 5%. This makes UOB One Card a great option for consistent spenders with moderate budgets, especially those spending for a household or looking for an everyday card.

Comparison Table: Cashback Rewards

Feature UOB One Card UOB EVOL Card
Rebate Structure Quarterly System Monthly System
Rate Structure Flat Rebate Category Boosts
Base Rate 0.03% 0.30%
Min. Spend Req. S$500, S$1k or S$2k S$600
Boosts
  • Min. S$500/mo spend: 3.33%
  • Min. S$1k/mo spend: 3.33%
  • Min. S$2k/mo spend: 5.00%
  • Bonus: +1% on SP bills, +5% Grab & UOB Travel
  • 8% on online spend
  • 8% on contactless mobile payments
Mo. Rewards Cap
  • Min. S$500/mo spend: S$17
  • Min. S$1k/mo spend: S$33
  • Min. S$2k/mo spend: S$100

SP, Grab & UOB Travel boosts do not count towards cap

  • Online: S$20
  • Mobile Pay: S$20
  • Other: S$20
Max Annual Earnings S$1,200+ S$720

UOB EVOL Card, on the other hand, is geared towards younger users. Rebates are awarded on a month-to-month basis rather than once per quarter, and there’s a relatively low S$600 minimum spend requirement. You can earn an impressive 8% cashback on any online purchases as well as any transactions where you pay using Apply Pay, Google Pay or a similar contactless mobile pay platform.

Rebates are capped at just S$60/month, S$20 of which is set aside for the low base rate of 0.3%, but the high 8% rate on the online and mobile pay categories means that you can max out the rewards with just a S$250 spend in each of those two areas. That’s actually lower than the S$600 total that you’re required to spend each month in order to earn any rewards in the first place with the UOB EVOL Card.

Overall, more established individuals looking for a top-earning everyday card might prefer UOB One Card, while young adults are likely to find UOB EVOL Card a better fit with their budgets and digital methods of spending.

Perks & Privileges: UOB One Card vs. UOB EVOL Card

Given they’re both issued by UOB, it’s not especially surprising that UOB One Card and UOB EVOL Card have fairly similar perks. Both offer special petrol savings and dining & lifestyle discounts. Both are also SimplyGo compatible and can be used for contactless payments.

But perhaps their best shared feature is access to the UOB SMART$ Rebate Programme, which allows cardholders to earn a bonus rebate in the form of SMART$ that can be spent at specific merchants. SMART$ do not replace cashback earnings–consumers earn both simultaneously. SMART$ can then be redeemed to offset future purchases, although they expire within 6 months from the date they’re earned.

Comparison Table: Card Perks & Privileges

Feature UOB One Card UOB EVOL Card
Travel Insurance S$500k Personal Accident; S$50k Medical, Evac & Repatriation none
Petrol Savings Up to 28.72% fuel savings at Shell Up to 24% fuel savings at Sinopec, 23% at Caltex, 20.4% at Esso
Transit Perks SimplyGo Compatible SimplyGo Compatible
Mobile Pay Google Pay, Apple Pay, Samsung Pay, UOB Mighty & more Google Pay, Apple Pay, Samsung Pay, UOB Mighty & more
Card Privileges UOB SMART$ Rebate Programme, UOB Travel Advisor, UOB Dining Advisor UOB SMART$ Rebate Programme, UOB Dining & Lifestyle Deals, UOB Travel Insider, EVOL social events

UOB EVOL Card used to have a few extra perks suited to young adults. When it was known as UOB YOLO, this card offered extra discounts to UOB-hosted club events, which often featured well-known DJs. It also granted access to curated entertainment deals at bars and lounges. Today, those perks seem to have been replaced on the EVOL Card with a new menu of discounts to eco-friendly, sustainable brands.

Fees, Promos & Requirements: UOB One Card vs. UOB EVOL Card

UOB One Card and UOB EVOL Card also have fairly similar fee structures. Both charge an annual fee of S$192.6, waived the 1st year. This averages out to a cost of about S$16/month. As such, it’s essential to pick the option that better fits your lifestyle.

If you spend about S$600/month, for example, you’ll earn just S$17 with UOB One Card (vs. up to S$48 with UOB EVOL Card), and end up gaining very little after the fee. Either way, however, you may be able to call in and request a fee-waiver after the 1st year if you’ve consistently paid your bills and your account is in good standing.

Your ultimate goal should be to identify which credit card offers the higher cashback potential, given your spend behaviour. If you’re an adult with a stable budget, UOB One makes for a great everyday card; if you’re a younger spender, consider UOB EVOL Card.

Comparison Table: Requirements, Promos & Fees

Feature UOB One Card UOB EVOL Card
Minimum Age 21 yo 21 yo
Minimum Income
  • SG & PR: 30000
  • Foreigners: 80000
  • SG & PR: 30000
  • Foreigners: 80000
Annual Fee S$192.60 S$192.60
Waiver Option Waived for 1 year Waived for 1 year, then no fee with min 3 transactions monthly
Sign-on Bonus Promotion: Receive S$150 cash credit with S$1,500 min spend within 30 days of card approval, for first 100 applicants (until May 31, 2021) Promotion: Receive S$150 cash credit with S$1,500 min spend within 30 days of card approval, for first 100 applicants (until May 31, 2021)
FX Fee 2.80% 2.80%

Comparison to Similar Rebate Credit Cards

UOB One Card and UOB EVOL Card are both quite competitive, but there are several alternative rebate cards worth considering. We’ve reviewed these options in detail below.

OCBC 365: No-Fee Cashback on Essentials

  • High travel & dining cashback plus exclusive travel deals
  • Promotions: Receive up to S$250 cashback when you apply and spend min S$1,000/mo for 2 consecutive months (until June 30,2021)
  • Earn up to S$120 cashback on your insurance by signing up for monthly recurring payments with your OCBC 365 credit card (until July 31,2021)
  • Read Our Full Review

  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on dining & online food delivery
  • 3% rebate on groceries, land transport, recurring bills & online travel
  • Free travel insurance, Visa Signature Privileges

If you’re an average spender looking for an everyday card–but don’t want to pay a fee–OCBC 365 Card may be right for you. Cardholders earn a competitive 6% rebate on dining and online food delivery, and 3% on groceries, land transport (including Grab and Gojek), online travel bookings and even recurring bills. There’s a S$800 minimum spend requirement, which is slightly higher than UOB EVOL Card’s, but it also has a higher rewards cap at S$80/month.

OCBC 365 Card is more closely aligned with UOB One Card, as both work well for daily spending. OCBC 365 Card stands apart by boosting rewards by category, however, and operates on a monthly rather than quarterly system. For this reason, it may be a better match for those with higher dining spend as well as for individuals who are less likely to spend S$2k every month. Finally, OCBC 365 Card’s S$192.6 annual fee is waived for 2 full years, and subsequently with just S$10k annual spend (about S$833/month).

  • Stand-Out: High travel & dining cashback plus exclusive travel deals
  • Promotions: Receive up to S$250 cashback when you apply and spend min S$1,000/mo for 2 consecutive months (until June 30,2021)
  • Earn up to S$120 cashback on your insurance by signing up for monthly recurring payments with your OCBC 365 credit card (until July 31,2021)
  • Read Our Full Review

  • Annual fee: S$192.6, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on dining & online food delivery
  • 3% rebate on groceries, land transport, recurring bills & online travel
  • Free travel insurance, Visa Signature Privileges

If you’re an average spender looking for an everyday card–but don’t want to pay a fee–OCBC 365 Card may be right for you. Cardholders earn a competitive 6% rebate on dining and online food delivery, and 3% on groceries, land transport (including Grab and Gojek), online travel bookings and even recurring bills. There’s a S$800 minimum spend requirement, which is slightly higher than UOB EVOL Card’s, but it also has a higher rewards cap at S$80/month.

OCBC 365 Card is more closely aligned with UOB One Card, as both work well for daily spending. OCBC 365 Card stands apart by boosting rewards by category, however, and operates on a monthly rather than quarterly system. For this reason, it may be a better match for those with higher dining spend as well as for individuals who are less likely to spend S$2k every month. Finally, OCBC 365 Card’s S$192.6 annual fee is waived for 2 full years, and subsequently with just S$10k annual spend (about S$833/month).

DBS Live Fresh: Boosts for Online & Mobile Pay

DBS Live Fresh Card
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DBS Live Fresh Card
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  • Up to 5% rebates on online & contactless spend, additional 5% green cashback
  • Promotions: Use code 150CASH to get S$150 cashback when you apply and charge min S$800 within 60 days of card approval (until June 30, 2021)
  • Use code DBS10OFF300 to get S$10 off min spend of S$300 at PRISM+ (until July 31,2021)
  • 15% off Gaming Room PC with min 2hrs booking at Reality Rift Arena (until June 30,2021)
  • Read Our Full Review

  • Annual fee: S$128.4, 1-year waiver
  • 5% rebate on online spend & contactless purchases
  • All-in-one card with SimplyGo functionality

If you’re a modern spender and want to earn straightforward cashback on nearly all of your spend, you may want to consider DBS Live Fresh Card. Cardholders earn a flat 5% rebate on all online and contactless purchases, regardless of location, spend category or merchant. In order to access these rates, consumers must meet a S$600 minimum spend requirement. This is quite a bit easier to achieve than the S$2k/month required by UOB One to earn the same rate. The S$60/month earnings cap is still quite low, but individuals with slightly lower budgets who want to earn a high rate on nearly all of their purchases should definitely consider DBS Live Fresh Card.
DBS Live Fresh Card
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DBS Live Fresh Card
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  • Stand-Out: Up to 5% rebates on online & contactless spend, additional 5% green cashback
  • Promotions: Use code 150CASH to get S$150 cashback when you apply and charge min S$800 within 60 days of card approval (until June 30, 2021)
  • Use code DBS10OFF300 to get S$10 off min spend of S$300 at PRISM+ (until July 31,2021)
  • 15% off Gaming Room PC with min 2hrs booking at Reality Rift Arena (until June 30,2021)
  • Read Our Full Review

  • Annual fee: S$128.4, 1-year waiver
  • 5% rebate on online spend & contactless purchases
  • All-in-one card with SimplyGo functionality

If you’re a modern spender and want to earn straightforward cashback on nearly all of your spend, you may want to consider DBS Live Fresh Card. Cardholders earn a flat 5% rebate on all online and contactless purchases, regardless of location, spend category or merchant. In order to access these rates, consumers must meet a S$600 minimum spend requirement. This is quite a bit easier to achieve than the S$2k/month required by UOB One to earn the same rate. The S$60/month earnings cap is still quite low, but individuals with slightly lower budgets who want to earn a high rate on nearly all of their purchases should definitely consider DBS Live Fresh Card.

OCBC Frank: No-Fee Rebates for Young Adults

  • 6% rebate on FX, online, and mobile purchases after just S$600 monthly spend
  • Promotions: Use code VISA15OFF to get 15% off Zalora w/ min spend of S$80 (until June 30, 2021)
  • Read Our Full Review

  • Annual fee: S$80.0, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on online spend
  • 5% weekend rebate on local entertainment & select cafes (3% weekdays)

OCBC Frank Card is a great option for younger spenders with low or variable budgets. Cardholders who spend as little as S$400 offline can earn up to 6% rebate online, plus 5% on local entertainment and at select cafes on the weekend (3% on weekdays). While OCBC Frank Card’s rates are a bit lower and carry more category and weekend restrictions than UOB EVOL, it does have a lower minimum spend requirement and offers a fee waiver with S$10k annual spend. As a result, OCBC Frank Card is a better option for young adults who spend less than S$600.
  • Stand-Out: 6% rebate on FX, online, and mobile purchases after just S$600 monthly spend
  • Promotions: Use code VISA15OFF to get 15% off Zalora w/ min spend of S$80 (until June 30, 2021)
  • Read Our Full Review

  • Annual fee: S$80.0, 2-year waiver, subsequently with S$10,000 annual spend
  • 6% rebate on online spend
  • 5% weekend rebate on local entertainment & select cafes (3% weekdays)

OCBC Frank Card is a great option for younger spenders with low or variable budgets. Cardholders who spend as little as S$400 offline can earn up to 6% rebate online, plus 5% on local entertainment and at select cafes on the weekend (3% on weekdays). While OCBC Frank Card’s rates are a bit lower and carry more category and weekend restrictions than UOB EVOL, it does have a lower minimum spend requirement and offers a fee waiver with S$10k annual spend. As a result, OCBC Frank Card is a better option for young adults who spend less than S$600.

Cashback Credit Card Comparison Tables

Credit Card Min. Spend Rebates Cap
Citi Cash Back S$888

  • 8% dining, groceries & petrol

S$75/mo
Citi SMRT N/A

  • 5% on groceries, fast food, movies & coffee
  • 3% online, 2% health & wellness

S$50/mo
DBS Live Fresh S$600
S$60/mo
OCBC 365 S$800

  • 6% dining & food delivery
  • 3% groceries, transport, online travel, bills

S$80/mo
OCBC Frank S$400

  • 6% online purchases
  • 5% wknd local entertainment & select cafes (3% wkdays)

S$60/mo
POSB Everyday Varies

  • 15% online food delivery & catering
  • 5% dining & select groceries
  • 3% personal care at Watsons, 1% recurring bills

Varies
UOB One S$500-S$2k
S$100+/mo
UOB EVOL S$600

  • Up to 8% online spend, mobile contactless spend
  • 0.3% all other spend

S$60/mo

Credit Card Travel Ins Petrol Savings Card Perks
Citi Cash Back Coverage up to S$1M Up to 20.88% fuel savings at Esso & Shell Citi World Privileges, Citi Gourmet Pleasures
Citi SMRT N/A Up to 14% fuel savings at Esso & Shell Citi World Privileges, Citi Gourmet Pleasures
DBS Live Fresh N/A Up to 14% fuel savings at Esso #FreshDropFriday Sweeps
OCBC 365 Coverage up to S$500k Up to 22.1% savings at Caltex, 20.2% at Esso and 5% cashback at all other petrol stations Visa Concierge & Luxury Hotels
OCBC Frank N/A Up to 20% fuel savings at Sinopec, 16% at Caltex, 14% at Esso Frank Hot Deals
POSB Everyday N/A Up to 20.1% fuel savings at SPC stations POSB Merchant Deals
UOB One Coverage up to S$500k Up to 28.72% fuel savings at Shell UOB SMART$, UOB Travel & Dining Advisors
UOB EVOL N/A Up to 24% fuel savings at Sinopec, 23% at Caltex, 20.4% at Esso UOB SMART$, Mighty app offers

Credit Card Annual Fee Spend Waiver Promotion
Citi Cash Back S$192.60 Waived for 1 year Promotion: Receive Apple AirPods Pro (worth S$379) + Apple Air Tag (worth S$45) (total worth $424) or S$350 cash via PayNow with S$200 min spend within 30 days of card approval (until May 31,2021)
Citi SMRT Back S$192.60 Waived for 2 years Promotion: Get S$6 off with S$79 min send at Shopee (until June 30,2021) and S$5 off S$60 min spend at Lazada (until Apr.27,2021)
DBS Live Fresh S$192.60 Waived for 1 year Promotion: Use code 150CASH to get S$150 cashback when you apply and charge min S$800 within 60 days of card approval (until June 30, 2021) + more!
OCBC 365 S$192.60 Waived for 2 years with min spend of S$10,000/year Promotion: Receive up to S$250 cashback when you apply and spend min S$1,000/mo for 2 consecutive months (until June 30,2021) + more!
OCBC Frank S$80 Waived 2 years, & subsequently with S$10,000 annual spend Promotion: Use code VISA15OFF to get 15% off Zalora w/ min spend of S$80 (until June 30, 2021)
POSB Everyday S$192.60 Waived for annual spend of S$12,000 Promotion: Use code 150CASH to get S$150 cashback when you apply and charge min S$800 within 60 days of card approval (until June 30, 2021) + more!
UOB One S$192.60 Waived for 1 year Promotion: Receive S$150 cash credit with S$1,500 min spend within 30 days of card approval, for first 100 applicants (until May 31, 2021)
UOB EVOL S$192.60 Waived for 1 year, then no fee with min 3 transactions monthly Promotion: Receive S$150 cash credit with S$1,500 min spend within 30 days of card approval, for first 100 applicants (until May 31, 2021)

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