Lazada is one of the few Singapore merchants with a card built specifically for it — the Lazada-UOB Card pays up to 10% rebate on Lazada. But it caps quickly, and most users do better stacking a high online-shopping card across all of their e-commerce spend. Here are the top picks ranked by effective return on Lazada purchases.
UOB
Cashback capped at S$20/cycle.
20% rebates on Lazada Spend (descriptions LAZADA*, AMAZE*LAZADA*, 2C2P*LAZADA + MCC 5262/5311/5310/5331/5399/5732/5999). Excludes RedMart and Lazada Wallet top-ups. Cap S$20/mo Lazada Gift Card. Min S$500/mo. Rate ends 31 Aug 2026.
HSBC
8 mpd (20 RP per S$1) on Eligible Transactions for HSBC Everyday Global accountholders with ≥ S$50K balance (Mar 2026 restoration per Milelion 2026 strategy). Categories and S$1,000 cap mirror hsbc-11-bonus-1; relationship gate enforced by engine filterRatesMapByRelationship — rate is dropped when userProfile.bank_relationships doesn't include 'hsbc_ega_50k'.
Trust
Applies only to ONE category you select (locked per quarter). Requires S$2,000/mo eligible spend to unlock.
15% on user-selected preferred category at S$2,000/month min for 3 consecutive months. Quarterly cap S$250 (~S$83/cycle). Quarterly category lockup. From 1 Mar 2026: $1k/10% tier removed.
These are the objective top picks. Perqa narrows them to the cards in your wallet and tracks your spend so you always use the right one.
Try Perqa — freeThe Lazada-UOB Card is purpose-built for Lazada and pays the highest headline rate, but caps at S$30/month. For uncapped earning, OCBC FRANK pays 8% on online merchants up to S$800 spend a month, and HSBC Revolution pays 4 mpd (≈6¢ value per dollar) on online transactions with no merchant whitelist.
No — refunds are deducted from your eligible spend before cashback is calculated. Lazada credits used as part-payment may or may not count depending on how the merchant codes the transaction. Most banks require a debit-card or credit-card-funded portion of the order to earn rewards.
Yes for both. Lazada uses an online retail MCC (5942 or similar e-commerce code) which is the qualifying MCC for both cards' online shopping bonus categories.