Annual fee waiver upon 1X retail transaction
UOB rebranded the YOLO Card to the UOB EVOL Card
As an additional effort to provide local consumers with the best user experience, UOB has rebranded the then UOB YOLO Card to the brand-new UOB EVOL Card which took effect from 1 April 2023 onward.
Apart from the card face and name change, the cashback benefits including the monthly cap and minimum spend, including the cashback allocation per month, have been upgraded as well; while the other card feature remains the same.
As shown in the FAQ sheet provided by UOB, here’s a comparison between the past benefits of the YOLO card and the newly enhanced benefits of the EVOL card.
| UOB YOLO Card Until 31 March 2023 | UOB EVOL Card From 1 April 2023 onward | |
| Cashback | 5% cash back on: Online (including E-Wallet Transactions) Dining Contactless | 8% cash back on: Sustainable Merchants 5% cash back on: Online (including E-Wallet transactions) Entertainment Contactless Parking |
| Monthly cashback cap per customer | RM30 *with RM15 sub-cap for E-Wallet transactions) | Tier 1: RM30 Tier 2: RM50 *with RM15 sub-cap for E-Wallet transactions) |
| Minimum monthly spend | RM600 | Tier 1: RM1,000 Tier 2: RM2,000 |
| Monthly cashback allocation* | RM200,000* | Unlimited |
| Card T&C | UOB YOLO Card T&C | UOB EVOL Card T&C |
*Refers to the total Cashback payout capping of RM200,000 allocated per calendar month which was rewarded on a first-come, first-served basis.
Should you be an existing UOB YOLO card member, you shall continue using the card up until the renewal date comes, i.e. your card’s expiry date. When it’s time to renew your YOLO card, you’ll get the brand-new EVOL card with upgraded benefits instead.
Up to 8% cashback to earn with UOB EVOL Card
Card members of the EVOL card get to earn 8% cash back on Sustainable Merchants which are transactions made at L’occitane, Kiehl’s, Innisfree, M.A.C./MAC (makeup), Origins and The Body Shop (minimum spend and capping conditions apply). This list, though limited, may be changed from time to time, at the bank’s discretion.
Moreover, you will also get 5% cashback on Online (including E-Wallet Transactions), Entertainment and Contactless Parking transactions (minimum spend and capping conditions apply).
Apart from that, the maximum cashback that you can earn monthly will be tiered based on your minimum cumulative spend each month. They are as follows.
- RM30 monthly cashback cap: Minimum cumulative spend monthly from RM1,000 to RM1,999.99
- RM50 monthly cashback cap: Minimum cumulative spend monthly from RM2,000 or above
We also would like to highlight that there is a maximum cashback of RM15 for E-Wallet Transactions, regardless of the minimum monthly cumulative spend shown above.
Annual fee waiver
Similar to the previous UOB YOLO Card, you will get to enjoy an annual fee waiver with the UOB EVOL Card.
The annual fee remains at RM90 or RM7.50 monthly for the Principal card, and RM30 for the Supplementary card.
The first year is free for the Principal card, and the annual fee will be automatically waived upon one (1) retail transaction made per calendar month in the subsequent years. Meanwhile, the Supplementary cardholders can enjoy a 2-year annual fee waiver.
Note: In addition, eligible cardmembers whose application is submitted during the Campaign Period of the RinggitPlus flash deal and successfully approved by UOB Malaysia will be entitled to enjoy a 3-year annual fee waiver. Check our page to find out more about the flash deal.
What is the eligibility requirement to apply for the UOB EVOL Card?
Anyone at the age of 21 years or older with a minimum monthly income of RM3,000 or RM36,000 annually is eligible to apply for the UOB EVOL Card.
What are the required documents to make an application?
If you are a salaried employee, please prepare:
- A copy of your IC (both sides)
- Latest 3 months' salary slips OR the latest EPF statement
- Latest 6 months bank statements
- Latest BE form with an official tax receipt
If you are self-employed, please prepare:
- A copy of your IC (both sides)
- A copy of Form 9, 24 & 49 OR Business Registration Certificate
- Latest 6 months company bank statements
- Latest B form with an official tax receipt
