Thank you to the King of Cashback card for providing a massive 5% cashback regardless of merchant restrictions (with only a few exceptions). I still remember the day the card launched in September 2022; I applied that very same day. I received it First Year Free (FYF) and haven't spent a single penny on renewal fees since.

Total Cashback Earned: Approximately 50,000

**Initial Benefits**:

Initially, the card came with the following perks:

• 4 complementary airport lounge visits.

• 5% cashback on online spends.

• 1% cashback on utility spends.

• 1% cashback on all other spends.

• Monthly Cashback Cap: Up to 10,000 per month.

**The First Devaluation**:

After only six months, the card was devalued, yet it remained the "King." The changes included:

• Cashback capped at 5,000 per month.

• No cashback on utility bills.

• Airport lounge access removed.

**The Final Blow**:

Today, February 28, 2026—almost three years later—it has finally lost its title. The new limits are:

• 2,000 cashback cap per month for online spends.

• 2,000 cashback cap per month for offline spends.

It was a great journey filled with huge cashback and zero annual fees. RIP to the King.

The End of an Era: My Cashback Journey