UPDATE 26 MAR 2026: The UOB EVOL Card has made changes to this promo before it was scheduled to end.
The good: The monthly cap and minimum spending requirement to receive cashback on overseas spending has been removed, and the promo has been extended till 31 Dec 2026 (previously 1 Jun 2026).
The bad: The cashback amount on overseas spending in China and Europe now lowered to 0.5% (previously 1%).
This page has been updated to reflect the latest promo terms.
UOB is running a promotion for overseas foreign currency spending on the UOB EVOL Card in the coming months.
0.5-1% cashback on overseas spending
From 26 Mar to 31 Dec 2026, UOB EVOL cardholders can receive uncapped 0.5% or 1% cashback on overseas foreign currency spending, with no minimum spending.
No registration is required to enjoy this promo; all UOB EVOL cardholders automatically qualify.
0.5% cashback on China and Europe spending
Cardholders can receive uncapped 0.5% cashback on China and Europe spending, down from 1% in the original promo.
UOB defines Europe as the following countries: Austria; Belgium; Bulgaria; Croatia; Cyprus; Czech Republic; Denmark; Estonia; Finland (including Aland Islands); France; Germany; Gibraltar; Greece; Hungary; Iceland; Republic of Ireland; Italy; Latvia; Liechtenstein; Lithuania; Luxembourg; Malta; Mayotte; Netherlands; Norway; Poland; Portugal (including Azores, Madeira); Reunion; Romania; Slovakia; Slovenia; Spain (including Canary Islands, Ceuta, Melilla); Sweden.
However, UOB doesn’t provide an explicit definition of “FX Spend processed in China”, so it’s probably safest to assume that it covers the following currencies in Mainland China, Hong Kong, Macao and Taiwan:
- Chinese Yuan (CNY)
- Hong Kong Dollar (HKD)
- Taiwanese Dollar (TWD)
- Macanese Pataca (MOP)
1% cashback on other overseas spending
UOB EVOL cardholders can receive uncapped 1% cashback on payments processed in countries/regions other than China and Europe.
What counts as “overseas spending”?
Don’t be misled by the term “overseas spending”; it doesn’t mean that you need to be physically abroad to qualify. Online spending in a foreign currency also counts, as long as the merchant processes the payment outside of Singapore.
Here’s UOB’s definition, as stated in the terms and conditions:
“Overseas Foreign Currency Spend” or “FX Spend” means Transactions which are processed outside of Singapore and successfully charged to your Card and posted on UOB’s system, in a foreign currency. Transactions which are processed outside of Singapore, but which are charged to your Card in Singapore dollars at the time of the Transaction will not constitute an Overseas Foreign Currency Spend.
Is this a good promo?
Overall, this is a positive update to the UOB EVOL Card promo, making it a competitive credit card for foreign currency spending until 31 Dec 2026.
I’d still pick the Mari Credit Card to receive 1.5% cashback on my first S$1,500 worth of foreign currency spending every month; after maxing out my 4 mpd credit cards, of course.
Related: My Miles & Credit Card Strategy for 2026
Here’s how this promo compares against the best cashback alternatives for foreign currency spending:
| Card | FX Fee | FX Cashback | Min. Spend (monthly) | Max. Spend (monthly) |
|---|---|---|---|---|
 UOB EVOL Card | 0% | China, Europe: 0.5% Other countries: 1% (till 31 Dec 2026) | Nil | Uncapped |
 Mari Credit Card | 0% | 1.5% (till 31 Dec 2026) | Nil | S$1,500 |
 Trust Cashback Card | 0% | 0.5% | Nil | Uncapped |
0% foreign currency fee
As previously shared, the UOB EVOL Card became the first credit card from a traditional Singapore bank to offer 0% foreign currency fees as an evergreen card benefit, uncapped, with no minimum spending requirement. It is now 1 of 6 credit cards with no foreign transaction fees.
While the UOB EVOL Card doesn’t come with other attractive benefits, this is a much-welcomed step in the right direction, as the majority of credit cards in Singapore charge foreign transaction junk fees of over 3%.
Get 0.5 – 1% cashback with no FX fees on foreign currency spending, and up to 6.4% cashback on two bonus categories:1) Local Online & Mobile Contactless (e.g. Google Pay, Apple Pay)
2) Selected Gym, Telco & Streaming (some MCCs only)
More information
Key details of the UOB EVOL Card
Ease of use :
Minimum annual income:• S’porean/PR: S$15,000 – S$30,000
• Foreigner: S$40,000Annual fee: S$196.20 (first year waived; subsequent years waived with at least 3 transactions of any amount monthly, request waiver if needed)
Get uncapped 0.5 – 1% cashback on foreign transactions, with no minimum spending (till 31 Dec 2026)
No foreign transaction fee
⚠️ “10% cashback” claim is impossible to achieve
⚠️ Minimum card spend of S$800 per statement month required for bonus cashback
⚠️ Get a maximum of 6.4% cashback on two bonus categories (but only if you meet the spending amounts exactly and spend exactly S$300 on other things):1) Local Online & Mobile Contactless (up to S$300)
2) Selected Gym, Telco & Streaming (up to S$200)⚠️ 0.3% cashback on non-bonus spending
⚠️ Selected Gym, Telco & Streaming category is MCC-sensitive
Promo terms and conditions
Here are the terms and conditions of this UOB EVOL Card promotion:
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