Card of the Year 2024: DBS yuu
“The higher they are, the harder they fall” — so the saying goes. Yet, in a year of nerfs, DBS yuu not only retained its incredible earn rate for rebates, it also gained the ability to earn miles at a fantastic rate.
With no other card coming close to its earn rate for either cashback or miles, DBS yuu scoops up both Cashback Card of the Year and Miles Card of the Year for 2024.
2 years (and counting) of 18% rebates or 10 miles per dollar
In April 2023, DBS yuu saw a huge overhaul to its mechanics and earn rate. Not only did they introduce a jaw-dropping 18% earn rate, it was actually realistic and relatively simple to get. 18% in rebates was unheard of at that time and continues to be unmatched even as we move into 2025. It is therefore little surprise that it retains its crown for Cashback Card for the Year from 2023.
The recent addition of KrisFlyer conversion for yuu Points in September 2024 makes the card even more versatile. Its staggering 10 miles per dollar comes at a time when 4 miles per dollar is considered the gold standard.
DBS yuu isn’t without its weaknesses, of course, and the chief issue that most would probably have would be the limited range of merchants it can earn its high rewards on. Nonetheless, the earn rates are so substantial that one might even rethink their supermarket, food delivery app, or even telco of choice, and it’s impressive enough that this has not been a short-lived thing either. Come April 2025, it would be 2 full years of DBS yuu offering outsized value for its cardholders.
DBS yuu Card
DBS yuu Card is an excellent card that gives up to 18% cash rebates or 10 miles per dollar (in conjunction with the yuu app)
🎁 New Cardholders
Apply as a new cardholder by 31st August 2026, use promo code SINGSAVER, and fill up the SingSaver Rewards Form to choose your gift¹:
HeyMax account required for Max Miles. You can also top up for more gift options. Tap Apply to see more details on the landing page.
Minimum spend of S$500 within 30 days from card approval is required to be eligible for rewards.
⚠️ Important Steps
- Make sure to apply with the promo code and fill up the SingSaver Rewards Redemption Form. No form means no reward, so do not miss this step.
- Maintain valid DBS PayLah! account by the end of the Qualifying Spend period to be eligible for the reward.
- Make a minimum spend of S$500 within 30 days of card approval.
Terms and Conditions: [1]
For reference only; refer to exact details in terms and conditions
Until end of June 2025 (at least)
For a while now, yuu app has displayed the end date for DBS yuu’s earn rate. When you go to the yuu app, DBS, and view details for DBS yuu, you’d see the date that this earn rate expires.
Over the past year or so, it has been showing the end of the current month you’re viewing it in (e.g. 30th November 2024 if you’re checking in on it in November 2024). Now, however, it shows 30th June 2025. I’m not entirely sure whether this is the true end date or if they plan to extend it further, so you should stay subscribed for updates.
Get S$450 or 26,000 Max Miles upsized S$500 or 28,000 Max Miles with HSBC Cards! Limited time only, tap here to see eligible cards
Honourable Mentions For Cashback
Of course, DBS yuu might not be for everyone which is why it’s a good thing that there are 2 excellent cashback cards to pick from.
Surviving the year of nerfs and getting buffed instead was the Maybank Family & Friends card which expanded its 8% cashback to cover even more categories.
A new cashback card was even introduced last year, and the HSBC Live+ has been an excellent card for shopping and dining expenses. The 8% cashback it offers has been extended to 31st March 2025, so there’s still time to make use for the card for at least the first quarter of 2025.
Honourable Mentions For Miles
For miles, Citi Rewards continues to be an extremely relevant card given its symbiotic pairing with Instarem Amaze. While there was a scare in January 2024 that Amaze transactions were not giving the 4 miles per dollar earn rate, it was soon rectified and this combination survived 2024 unscathed.
UOB Preferred Platinum Visa is also another easy card to use, giving 4 miles per dollar virtually anywhere that’d let you pay with your phone. In fact, the card (along with its other UOB siblings) got buffed as UOB updated its UOB$ programme and let UOB miles cards earn cashback on top of miles.
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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