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UOB EVOL Card Review

Reap multiple benefits with the UOB EVOL Card.

The UOB EVOL Credit Card lives up to its name, offering cardholders exclusive entertainment, dining, online shopping perks and more.

In this guide, we take a closer look to help you decide if this credit card could meet your needs.

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S$192.60

Annual Fee

26.9%

Effective Interest Rate

S$30,000

Min Income - Singaporean and PR

Details

Product NameUOB EVOL Card
RewardEnjoy a wide variety of discounts and cashback rebates on dining, entertainment, online shopping and travel.
Effective Interest Rate26.9%
Interest Free PeriodUp to 21 days
Minimum Monthly Repayment3% of current balance or S$50, whichever is higher, plus any overdue amounts
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Review by


James Martin is a senior writer at Finder. He has written on a range of finance and business topics for over five years and his work has been featured in publications including The Irish Times, Companies 100, In Business and Q Magazine (UK). As a trained journalist, James can drill into the finer details of financial products to help you save time and money. In his spare time, James is a committed sports fan, novel reader and Thai food enthusiast.

Expert review

The UOB EVOL Card is a cashback card which has impressive rates when you spend on dining, travel, shopping and entertainment. You can get up to 8% cashback on online and mobile contactless spend. The cash boost applies to overseas spending as well as local; helping the card to stand out from its competitors. Also, there’s a further 0.3% cashback on on all other spend. To take advantage of these percentages, you’ll need to spend a minimum of S$600 per statement month. Bonus rebates are capped at S$60 per statement month (capped at S$20 per category: Online, Mobile Contactless and Other spend).

Benefits of the UOB EVOL Credit Card

  • Sign-up offer. Receive S$150 cash credit (for first 100 successful UOB personal credit card applications) when you apply for a new credit card and spend at least S$1,500 within 30 days from card approval date. T&C apply. Ends 30 June 2021.
  • Bonus cashback. Cardholders can earn up to 8% bonus cash rebates on online and mobile contactless spend. To qualify, you’ll need to spend a minimum of S$600 on eligible transactions per month in the qualifying periods. Cardholders who do not meet the qualifying spend will earn 0.3% cashback. Again, terms and conditions apply.
  • Complimentary travel insurance. Charge the entire fare to your UOB EVOL credit card and you may be able to enjoy free travel insurance of up to S$500,000 (not all travel covers will apply, so be sure to check).
  • Annual fee waiver. Enjoy first year fee waiver and subsequently no annual fee with three transactions monthly for 12 consecutive months prior to your card anniversary date. T&Cs apply.

Features of the UOB EVOL Credit Card

Along with the range of entertainment and lifestyle benefits the UOB EVOL Card offers with each transaction, there is more to this card. Key features of the UOB EVOL Card include the following.

  • Supplementary card. Annual fee for first supplementary card is free of charge. Subsequent supplementary cards is charged at S$96.30 yearly.
  • Pay and dine with your mobile phone. Get UOB EVOL deals through your mobile phone after signing up. Payment is fuss-free. All it takes is one secure tap at one of the 10,000 store terminals which may support Apple Pay, Android Pay, UOB Mighty and Samsung Pay.
  • Auto enrolment to eStatement. With your credit card statements archived automatically for up to 5 years from your subscription, rest assured that you can easily track your spending.
  • Gateway to UOB Young Professional’s Solution. UOB EVOL Cards can be linked to a UOB One Account in a scheme that supports young professionals who wish to begin investing. Cash rebates and interest can be invested in a Unit Trust.
  • Bio-sourced Card. As the first Bio-sourced Card in Southeast Asia, the UOB EVOL Card offers a suite of sustainable deals.

Application criteria

  • Singaporean citizens or Permanent Residents (PRs), must demonstrate a minimum income of S$30,000 annually or Fixed Deposit collateral minimum of S$10,000.
  • Foreigner nationals must have a minimum income of S$80,000 or Fixed Deposit collateral minimum of S$10,000.
  • 21 years of age or over.

Required information/documents

  • Singaporeans and PRs should provide a National Registration Identity Card (NRIC) for each principal and supplementary card applicant.
  • Salaried employees also must supply either a computerised payslip for the past 3 months, their latest 12-month Central Provident Fund (CPF) contribution statement or latest Income Tax Notice of Assessment and computerised payslip.
  • Commission-based employees should also supply either their latest 12 months’ CPF contribution statement, latest Income Tax Notice of Assessment and computerised payslip or Income Tax Notices of Assessment for the past 2 years.
  • Self-employed individuals have to supply Income Tax Notice of Assessments for the past 2 years.

Foreigners must also provide the following:

  • Employment pass with minimum 6 months’ validity.
  • Photocopy of passport with minimum 6 months’ validity (for principal and supplementary applicants).
  • Proof of local home address through latest billings, such as bills for utilities or phones.

Existing UOB credit card members are required to show most recent income documents to update credit limit or if they have new employment circumstances.

Go to UOB's website

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