Ranked: Best Cards to Maximise Cashback/Miles (August 2022)
I rank many credit cards by their earn rates! We have 5 tiers with 1 being the highest earn rate and 5 being the lowest. Different cards have different uses and requirements, so it doesn’t mean that Tier 1 is the best for everyone and Tier 5 is the worst. Instead, see if your transaction/monthly expenses can fit Tier 1 cards. If no, move on to Tier 2, and so forth.
Watch the video for rationale and mini-reviews!
Tier List
| Tier | Cashback | Points/Miles |
| 1 | CIMB Visa Signature (10%) UOB One (8.33%) Citi Cash Back (8% cashback) Maybank FnF (8%) | – |
| 2a | UOB EVOL (6.67%) OCBC FRANK (6%) StanChart Smart Card (6%) | StanChart Smart Card (5.658 mpd) |
| 3 | DBS LiveFresh (5%) Citi SMRT (5%) | DBS Woman’s World (4 mpd) CitiRewards (4 mpd) UOB Preferred Platinum (4 mpd) OCBC Titanium Rewards (4 mpd) HSBC Revolution (4 mpd) CitiRewards (4 mpd) |
| 4 | UOB One (3.33%) Maybank Platinum Visa (3.33%) UOB Absolute (1.7%+0.8%) | UOB KrisFlyer(3mpd) CapitaCard (up to 3% rebate in STAR$) |
| 5 | StanChart Spree (2%) Citi Cash Back+ and other ≤ 2% cashback cards | DBS Woman’s (2 mpd) Citi PremierMiles DBS Altitude and other ≤ 2 mpd cards |
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