Zerofy Card vs UOB One Card: Which is Better in Singapore?

Cashback cards are popular in Singapore, but many of them work very differently behind the scenes. Some cards advertise high cashback rates but require strict spending conditions, while others focus on simpler rewards with fewer restrictions.

Two options that often appear in cashback comparisons are the Circles Zerofy Cashback Card and the UOB One Card.

The UOB One Card is known for offering high cashback rates when spending thresholds are met, while Zerofy focuses on consistent cashback without minimum spending requirements or caps.

In this guide, we compare both cards across rewards, fees, and flexibility to help you decide which option works best for your spending habits.

Key Takeaways

• Zerofy Card offers simple cashback with no minimum spend requirements

• UOB One Card can offer higher cashback if spending thresholds are consistently met

• Zerofy may be more flexible for general spending and travel purchases

• UOB One Card may benefit users with predictable monthly spending patterns

What is a Zerofy Card?

The Zerofy Card is a digital cashback debit card managed through the Circles.Life app. It is designed for everyday spending and provides a simple way to earn cashback without complicated reward conditions.

Users earn 1% cashback on eligible spending, including online purchases, subscriptions, and many everyday transactions.

In addition to the base cashback rate, users may earn higher rewards when purchasing through Zerofy partner brands available in the Circles marketplace.

Because the card is fully integrated with the Circles.Life ecosystem, users can track spending, monitor cashback earnings, and manage the card directly from the app.

Zerofy Card vs UOB One Card — Quick Comparison

Cashback and Rewards Comparison

Zerofy Card Rewards

Zerofy focuses on a straightforward cashback model.

Users earn:

• 1% cashback on eligible spending

• Additional cashback when shopping through Zerofy partner merchants

• No monthly cashback cap

This structure allows users to earn rewards consistently without needing to track spending categories or minimum spending thresholds.

UOB One Card Rewards

The UOB One Card uses a tiered cashback system based on monthly spending levels.

Higher cashback percentages are available when users reach specific spending thresholds across consecutive months.

The card may also provide bonus rewards for spending with selected partners such as:

• Ride-hailing services

• Dining and lifestyle purchases

• Selected retail partners

However, cashback eligibility depends on maintaining the required spending levels, which may not suit every user.

Fees Comparison (FX, Annual, Hidden Costs)

Zerofy Card Fees

Zerofy is designed to reduce typical card charges.

Key fee highlights include:

• No annual fees

• No foreign exchange markup fees

• No minimum spending requirements

Since the card operates like a prepaid debit card, there are also no interest charges associated with credit balances.

UOB One Card Fees

The UOB One Card follows the standard credit card fee structure.

Potential fees include:

• Annual fees after the initial waiver period

• Foreign currency transaction fees

• Interest charges if balances are not paid in full

While these fees are common for credit cards, they can affect the overall value of cashback rewards.

Ease of Use and Flexibility

Zerofy Card

Zerofy prioritises convenience and simplicity.

Users can:

• Activate and manage the card through the Circles.Life app

• Track cashback in real time

• Use the card for online purchases, subscriptions, and travel spending

Because rewards apply broadly to most purchases, users do not need to adjust spending patterns.

UOB One Card

The UOB One Card is designed for users who can consistently meet its cashback tiers.

To maximise rewards, users may need to:

• Maintain specific monthly spending levels

• Track cashback categories and merchants

• Ensure spending continues across consecutive months

For disciplined spenders, this structure can generate higher rewards.

Pros and Cons

Zerofy Pros

• Simple cashback structure

• No minimum spend requirements

• No cashback caps

• No FX markup fees

• Easy digital card management

Zerofy Cons

• Lower base cashback compared with high-tier credit cards

UOB One Card Pros

• High cashback potential for users meeting spending tiers

• Bonus cashback with selected partners

• Strong rewards for consistent monthly spending

UOB One Card Cons

• Cashback requires minimum spending thresholds

• Monthly cashback limits apply

• Foreign exchange fees for overseas spending

• Requires active tracking of spending levels

Who Should Choose Zerofy?

Zerofy may be suitable if:

• You want simple cashback without spending thresholds

• You frequently spend online or internationally

• You prefer no annual fees and fewer reward conditions

• You want a secondary card for everyday purchases

Final Verdict

Both cards offer cashback rewards but are designed for different spending styles.

The UOB One Card may provide higher cashback for users who consistently meet its monthly spending tiers and optimise their spending categories.

The Zerofy Card focuses on simplicity and flexibility. With no minimum spending requirements, no cashback caps, and no foreign exchange markup fees, it can be a convenient option for everyday purchases and overseas transactions.

Some users may benefit from using both cards together. The UOB One Card can be used for tier-based cashback rewards, while Zerofy can handle general spending and travel purchases without restrictions.