Trust Bank’s credit cards offer up to 1.5% unlimited cashback with no annual fee, no minimum spend, and instant digital approval via SingPass. The Trust Cashback Card is ideal for everyday spending, while the NTUC Link Credit Card gives up to 21% rewards at FairPrice Group. All three cards — Cashback, NTUC Link, and Trust Link — are Visa-enabled and can be used immediately via Apple Pay or Google Pay upon approval.
Not financial advice. All figures are for educational reference only. Data as at June 2026 unless noted.
- Trust Cashback Card: up to 1.5% cashback on all spending, no annual fee, no minimum spend — best general-purpose card from a digital bank in Singapore
- NTUC Link Credit Card: up to 21% rewards at FairPrice — best for FairPrice shoppers
- Use referral code HTWYQP95 for a scratch card worth S$5–S$1,000 on sign-up
Trust Cashback Card: Up to 1.5% Cashback on Everything
The Trust Cashback Card is Trust Bank’s flagship credit card and arguably the simplest cashback card in Singapore right now. There’s no annual fee (forever), no minimum spend to unlock cashback, and no cap on how much cashback you can earn.
Here’s how the cashback tiers work. If you maintain a Trust Bank savings account with a balance of at least S$3,000, you get the higher cashback rate of 1.5%. Without the savings balance, you still earn 0.5% cashback on everything. That’s a meaningful difference, so it’s worth parking some savings in Trust Bank if you plan to use this card as your daily driver.
| Condition | Cashback Rate |
|---|---|
| With S$3,000 savings balance | 1.5% on all spend |
| Without savings balance requirement | 0.5% on all spend |
Source: Trust Bank Singapore, June 2026
The cashback is automatically credited to your Trust Bank savings account each month. No redemption needed, no points conversion — just cash in your account. For context, if you spend S$2,000 a month on this card with the 1.5% tier, that’s S$30 in cashback per month or S$360 a year. Not bad for a card with zero fees.
One thing worth noting: the Trust Cashback Card works on the Visa network, so it’s accepted virtually everywhere — online, in-store, and overseas. Contactless payments via Apple Pay and Google Pay are supported too.
NTUC Link Credit Card: Up to 21% Rewards at FairPrice
If you do a significant portion of your grocery shopping at FairPrice, the NTUC Link Credit Card is worth a serious look. This card is co-branded with NTUC Link and offers dramatically higher rewards at FairPrice Group stores compared to any other credit card in Singapore.
The headline number is up to 21% in rewards at FairPrice Group stores (including FairPrice, FairPrice Finest, FairPrice Xtra, and Warehouse Club). This combines LinkPoints earn, FairPrice vouchers, and promotional bonuses. The base earn rate at FairPrice is already strong, and it stacks with NTUC member benefits.
Outside of FairPrice, the card still earns LinkPoints on general spending, though the rate is lower. If you’re not a regular FairPrice shopper, the Trust Cashback Card will likely give you better overall returns.
Like the Cashback Card, the NTUC Link Credit Card has no annual fee and no minimum spend requirement. It’s also on the Visa network with full contactless support.
Trust Link Credit Card: LinkPoints Earn for NTUC Members
The Trust Link Credit Card is the third option in the lineup. It earns LinkPoints on spending, with boosted rates at FairPrice Group stores (up to 8% in LinkPoints). This card is best suited for NTUC union members who are already deeply embedded in the LinkPoints ecosystem.
For most people, however, the Trust Cashback Card (for general spending) or the NTUC Link Credit Card (for FairPrice-heavy shoppers) will be the better choice. The Trust Link Card fills a niche for union members who want to maximise LinkPoints across their spending.
Comparison: Trust Cashback vs NTUC Link vs Trust Link
Here’s a side-by-side breakdown of all three Trust Bank credit cards:
| Feature | Trust Cashback Card | NTUC Link Credit Card | Trust Link Credit Card |
|---|---|---|---|
| Annual Fee | None, forever | None, forever | None, forever |
| Min. Spend | No minimum | No minimum | No minimum |
| Reward Type | Cash rebate | LinkPoints + FairPrice vouchers | LinkPoints |
| General Spend Rate | 0.5%–1.5% | Base LinkPoints earn | Base LinkPoints earn |
| FairPrice Rewards | 0.5%–1.5% | Up to 21% | Up to 8% |
| Card Network | Visa | Visa | Visa |
| Contactless | Yes (Apple Pay, Google Pay) | Yes (Apple Pay, Google Pay) | Yes (Apple Pay, Google Pay) |
| Best For | General everyday spend | FairPrice shoppers | NTUC union members |
Source: Trust Bank Singapore, June 2026
Which should you pick? If you want the simplest, most flexible card — go with the Trust Cashback Card. If you spend S$500 or more a month at FairPrice — the NTUC Link Credit Card will give you significantly more value. The Trust Link Card is only worth it if you’re an active NTUC member who relies heavily on LinkPoints.
How to Apply for a Trust Bank Credit Card
The application process is 100% digital and takes about 5 minutes. Here’s the step-by-step:
- Download the Trust Bank app from the App Store or Google Play
- Create a Trust Bank account if you don’t already have one — verify your identity via SingPass Myinfo (no paperwork needed)
- Enter referral code HTWYQP95 during sign-up to get your scratch card reward
- Navigate to the Credit Card section in the app and choose your card (Cashback, NTUC Link, or Trust Link)
- Submit your application — Trust Bank’s digital underwriting gives most applicants a decision within minutes
- Start spending — your virtual card is added to Apple Pay / Google Pay immediately. Physical card arrives in 5–7 business days
For the full referral code details and current promotions, see our Trust Bank credit card referral code page.
Income Requirements & Eligibility
Trust Bank credit cards have relatively accessible income requirements compared to traditional banks:
| Requirement | Details |
|---|---|
| Minimum Age | 21 years old |
| Residency | Singapore Citizen or Permanent Resident |
| Minimum Annual Income | S$30,000 |
| Verification | SingPass Myinfo (fully digital, no documents) |
| Approval Time | Minutes (most applicants) |
Source: Trust Bank Singapore, June 2026
For comparison, many traditional bank credit cards require S$30,000–S$120,000 in annual income depending on the card tier. Trust Bank’s S$30,000 threshold puts it on par with entry-level cards from DBS, UOB, and OCBC, but without the annual fees those cards typically charge.
Current Promo: June 2026 Referral Stamp Card
From 10 to 30 June 2026, Trust Bank is running a referral stamp card promotion on top of their regular member-get-member programme.
Here’s how it works: for every friend who signs up for a Trust Bank credit card using your referral code, you earn 1 stamp. Each stamp is worth S$50 in FairPrice e-vouchers. You can collect up to 20 stamps, giving you a maximum of S$1,000 in FairPrice e-vouchers.
This is on top of the standard scratch card that your friend receives (worth a minimum of S$5, up to S$1,000). So both the referrer and the new sign-up benefit from the arrangement.
To refer friends, go to Profile > Invite Friends in the Trust Bank app and share your referral code. Your friend needs to be completely new to Trust Bank — no existing or previously cancelled accounts.
For more details, check our Trust Bank credit card referral code page.
Trust Bank Credit Card vs Competitors
How does the Trust Cashback Card stack up against other popular cashback cards in Singapore? Here’s a comparison with three of the most common alternatives:
| Feature | Trust Cashback Card | UOB One Card | SC Simply Cash | OCBC 365 |
|---|---|---|---|---|
| Annual Fee | None, forever | S$192.60 (waivable) | S$192.60 (waivable) | S$192.60 (waivable) |
| Min. Spend | None | S$500/month | None | S$800/month |
| Max Cashback Rate | 1.5% | Up to 10% | Up to 1.5% | Up to 6% |
| Cashback Cap | No cap | S$300/quarter | S$25/month | S$80/month |
| Conditions | S$3k savings balance for 1.5% | Salary credit + GIRO + min spend | None | Min S$800 spend |
| Best For | Simple, no-fuss cashback | High spenders with UOB salary | Low spenders wanting flat cashback | Dining and groceries |
Source: Respective bank websites, June 2026. Rates and conditions may change.
The Trust Cashback Card’s biggest advantage is simplicity. You don’t need to hit minimum spend thresholds, maintain salary crediting, or set up GIRO payments to unlock the best rate. Just keep S$3,000 in your Trust Bank savings account and you get 1.5% on everything. No caps, no category restrictions.
However, if you’re a high spender willing to jump through hoops, the UOB One Card can deliver up to 10% cashback in specific categories. Similarly, the OCBC 365 gives up to 6% on dining and groceries. These cards reward complexity — Trust Bank rewards simplicity.
For most Singaporeans who spend S$1,000–S$3,000 a month and don’t want to micromanage their credit card strategy, the Trust Cashback Card is hard to beat. If you need more tools for your investing and savings journey, check out our Singapore retirement calculator to plan your finances holistically.
Pros and Cons of Trust Bank Credit Cards
Pros
- No annual fee, forever — unlike traditional bank cards that charge S$190+ and require annual waiver calls
- No minimum spend — earn rewards on every dollar from the first transaction
- Instant digital card — use via Apple Pay or Google Pay immediately after approval
- Simple cashback structure — no rotating categories, no points conversion, just cash
- Fast approval — SingPass Myinfo means no paperwork and usually instant decisions
- Competitive rates — 1.5% uncapped cashback is generous for a no-fee card
- NTUC ecosystem integration — strong FairPrice rewards if you’re in that ecosystem
Cons
- Savings balance requirement for best rate — need S$3,000 in Trust Bank savings to get 1.5% (otherwise 0.5%)
- Lower ceiling than traditional cards — UOB One and OCBC 365 can offer higher rates in specific categories
- Limited card perks — no airport lounge access, travel insurance, or premium benefits
- Singapore residents only — not available to foreigners on Employment Pass or Work Permit
- Relatively new bank — Trust Bank (backed by Standard Chartered and FairPrice Group) launched in 2022, so it lacks the decades of track record of traditional banks
If you’re comparing digital bank options more broadly, you might also want to look at MariBank (by GrabPay) for savings, or GXS Bank (by Grab and Singtel) for their savings and lending products. For the Trust Bank savings account specifically, see our Trust Bank referral code page.
Frequently Asked Questions
What is the best Trust Bank credit card for general spending?
Is there an annual fee for Trust Bank credit cards?
How do I apply for a Trust Bank credit card?
What is the minimum income to apply for a Trust Bank credit card?
Can I use a Trust Bank credit card overseas?
What is the Trust Bank credit card referral code?
How does the Trust Cashback Card compare to the Standard Chartered Simply Cash card?
Disclaimer: The Kopi Notes may earn a referral fee when you sign up using the code HTWYQP95. This does not affect the reward you receive. All information is accurate as at June 2026 — always verify current rates and promotions with Trust Bank directly before making financial decisions.
