UOB one card

[sinicker]

You need to call the bank and tell them the card is spoilt, they can replace the card without changing your account details so it doesn't impact your recurring monthly payments.

called. on their side they only see one transaction didnt go through. and they can only see one week.

CSO said merchant supposed to insert, not swipe. but the thing is the cashier inserted, failed... then, swipe. hahaha.

told to call the next time this happens.

 

[sinicker]

Just to clarify, am I right to say there is no point in spending more than $300 on this card in any month if I am not able to hit $800 (the next tier) for the remaining months in the quarter?

it's either you hit 300, 800 or 1500. don't go over these values too far.

 

[ZhuTou!]

I first time apply credit card and failed my application with UOB one card. Don't know what is the reason but went to Citibank apply dividend and platium both approve. I wonder why.

let the agent fill up the form for u
they know what to do
roadshow agent, those wearing blue/white uniform
not bank branch staff

if not i can ask my ex-colleague to call u
coz i left already

 

[Panerex]

for the overseas spend, can it be spent on overseas online sites?

or must it be physical card transactions outside Singapore?

TIA

 

[dlrowehtleah]

Just to clarify, am I right to say there is no point in spending more than $300 on this card in any month if I am not able to hit $800 (the next tier) for the remaining months in the quarter?

yes but don be a miser. bill A + bill B + bill C add up slightly over $300 ok one de. just don crack ur head and die die must be $300 on the dot. after all whatever extra you exceeded doesn't get pocketed by the bank also.

 

[SoulEraser]

fyi to users who use this for overseas transactions - card is capped at $600 annually. you can potentially lose out 2% * 1500 * 12 = $360 of cash back.

also it's the best card to use for overseas cash rebate atm, esp if you are an extremely micro person.

2% + 3.33% can effectively negate the lousy(due to visa as opposed to master) exchange rate by the bank + 2.5% visa charge.

for instance, take thai baht for eg: as of 19th aug, money exchangers are selling it for 24.4 whereas UOB is selling at 23.95 (https://uniservices1.uobgroup.com/s...n_exchange_rates_against_singapore_dollar.jsp). spread is about 1.85%. factor in visa bad exchange rate with an additional 0.5% + 2.5% bank/visa admin charges. it's approx 4.85~5%.

anyway all these for a meagre 0.33~0.48% rebate. you are of course better off spending your time earning more and be less penny wise and pound foolish.

tl;dr:
use cash for overseas whenever possible/convenient, unless you are a frequent flyer. even so, miles accumulation can be accrued through other means easily.

 

[hwmook]

fyi to users who use this for overseas transactions - card is capped at $600 annually. you can potentially lose out 2% * 1500 * 12 = $360 of cash back.

also it's the best card to use for overseas cash rebate atm, esp if you are an extremely micro person.

2% + 3.33% can effectively negate the lousy(due to visa as opposed to master) exchange rate by the bank + 2.5% visa charge.

for instance, take thai baht for eg: as of 19th aug, money exchangers are selling it for 24.4 whereas UOB is selling at 23.95 (https://uniservices1.uobgroup.com/s...n_exchange_rates_against_singapore_dollar.jsp). spread is about 1.85%. factor in visa bad exchange rate with an additional 0.5% + 2.5% bank/visa admin charges. it's approx 4.85~5%.

anyway all these for a meagre 0.33~0.48% rebate. you are of course better off spending your time earning more and be less penny wise and pound foolish.

tl;dr:
use cash for overseas whenever possible/convenient, unless you are a frequent flyer. even so, miles accumulation can be accrued through other means easily.

Obviously you don't know what you are talking about. Visa exchange rate for 19th Aug is 24.5158127 which is slightly better than money exchangers rate. Essentially you are paying 2% more due to bank charges but you earn up to 5.33% which is more than enough to cover. Conclusion, always use credit cards if you know what you are doing, if you don't then please keep to cash and not spread wrong information online.

 

[SoulEraser]

Obviously you don't know what you are talking about. Visa exchange rate for 19th Aug is 24.5158127 which is slightly better than money exchangers rate. Essentially you are paying 2% more due to bank charges but you earn up to 5.33% which is more than enough to cover. Conclusion, always use credit cards if you know what you are doing, if you don't then please keep to cash and not spread wrong information online.

oh my bad. called in to uob yesterday night and was served by 'frank', so i thought of sharing what i was communicated. told me i'm supposed to refer to the bank's selling rate and not visa int/mastercard worldwide's. thanks for the correction and informing everyone else though. in any case, you aren't sharing the 'right' information either since uob imposes a 2.5% surcharge, not 2%, for non sgd transactions. [http://www.uob.com.sg/personal/cards/credit/tnc.html] (under appendix 1bi)

anyway we are all here to share. don't act like your balls have been squeezed

 

[henrylbh]

I am surprised that you have major disputes with card centre until your cards are terminated. Care to share what happened? It must be something major if they cancel your cards.

No dispute with the bank. In fact supporter of the bank and had a structured deposit pledged for the credit card. Now closed all my accounts with damn and want nothing to do with the bank.

They terminated the principal card without notice or advice while letting the sup card to carry on and on when they somehow discovered within a short time that the principal cardholder has died.

It was terrible embarrassing when the principal card was rejected for payment in front of shoppers. The princial card was usually used by another family member who was not the actual cardholder. I used the sup card with no problem until I tried to redeem points earned when they terminated the sup card immediately (again without courtesy) and all reward points forfeited.

Whatever reason they have, they should terminate both principal and sup cards together and not just the principal card. What principles they have!!!

 

[hwmook]

oh my bad. called in to uob yesterday night and was served by 'frank', so i thought of sharing what i was communicated. told me i'm supposed to refer to the bank's selling rate and not visa int/mastercard worldwide's. thanks for the correction and informing everyone else though. in any case, you aren't sharing the 'right' information either since uob imposes a 2.5% surcharge, not 2%, for non sgd transactions. [UOB Cardmembers Agreement] (under appendix 1bi)

anyway we are all here to share. don't act like your balls have been squeezed

1. I already stated the actual rate quoted by Visa which is 0.5% better than money changers so 2.5% - 0.5% = 2%. Essentially you are paying 2% more, you misunderstood me.

2. Its a well known fact that all the exchange rate are determined by card association. Some banks will put disclaimer in small print about this while some bank customer service officers like to think the bank determine the rate which is definitely not true as i have spend a lot in foreign currency and the rate is definitely following MC/Visa and not the bank else i would have pay through the nose. I make more than a thousand foreign currency transactions a year.

3. Share correct information, you are giving wrong advise base on wrong information so what is the point of sharing? Share poison?

Let me just share a recent transaction made and posted to my account on 17th Aug.

Foreign currency charged to card : USD269

Exchange rate provided by Visa + 2.5% bank charges = 1.305002

Amount that should be billed to me = SGD 351.045538

Actual amount on my credit card bill = SGD 351.04.

You guys still need proof on how it work?

Let's see how different for UOB vs Visa exchange rate

21/08 exchange rate :
UOB : 1.2860
Visa : 1.28047

You guy still think its UOB rate or Visa rate?

 

[hwmook]

Agreed. It's better to share and get corrected than to correct and get schooled. What a dick.

Hello dick, i didn't get schooled. Apparently you couldn't put 1 to 1 together to get 2.

 

[leogeo]

can someone use VISA's page and help me check

foreign txn amt: THB10,381.14
Txn date: 28/7/13
Posting date: 31/7/13

Bank charge: 2.5%

According to VISA page here, the exchange rate on 31/7 is
The rate shown is effective for transactions submitted to Visa on July 31, 2013, with a bank foreign transaction fee of 2.5%.

1 Thai Baht = 0.041840 Singapore Dollar

meaning i should be charged SGD 434.35

However, it shows $434.90 on my statement. Not a signifcant difference, but still i'm wondering why the difference.

If i use the rate on 28/7 (posting date), the amt is $434.99 which is clsoer to what shows on my statement.

 

[SoulEraser]

1. I already stated the actual rate quoted by Visa which is 0.5% better than money changers so 2.5% - 0.5% = 2%. Essentially you are paying 2% more, you misunderstood me.

2. Its a well known fact that all the exchange rate are determined by card association. Some banks will put disclaimer in small print about this while some bank customer service officers like to think the bank determine the rate which is definitely not true as i have spend a lot in foreign currency and the rate is definitely following MC/Visa and not the bank else i would have pay through the nose. I make more than a thousand foreign currency transactions a year.

3. Share correct information, you are giving wrong advise base on wrong information so what is the point of sharing? Share poison?

Let me just share a recent transaction made and posted to my account on 17th Aug.

Foreign currency charged to card : USD269

Exchange rate provided by Visa + 2.5% bank charges = 1.305002

Amount that should be billed to me = SGD 351.045538

Actual amount on my credit card bill = SGD 351.04.

You guys still need proof on how it work?

Let's see how different for UOB vs Visa exchange rate

21/08 exchange rate :
UOB : 1.2860
Visa : 1.28047

You guy still think its UOB rate or Visa rate?

not my intent to share poison, don't know what makes you think i'd do that lol. anyway it's advice not advise and thanks for sharing. will come in handy for my upcoming trip overseas!

 

[dlrowehtleah]

received this SMS yesterday

<ADV>Get S$1 off with min. S$8 spend at any Subway outlet with Visa payWave on UOB One Card. T&Cs apply. From 2 - 30 Sept 2013. SMS UN to 77862 to unsub.

 

[frustrateddude]

received this SMS yesterday

<ADV>Get S$1 off with min. S$8 spend at any Subway outlet with Visa payWave on UOB One Card. T&Cs apply. From 2 - 30 Sept 2013. SMS UN to 77862 to unsub.

it is found
Subway Singapore

http://www.subway.com.sg/layouts/page_utility_news_newsbites5.html

 

[dreamyboy]

But the subway that I have visited so far only accept cash.

 

[ykeen]

yeah the subways are mostly individual franchises, so most only accept cash, a rare few can accept cards..

 

[derrickgoh]

Subway at Thomson Plaza and Millenia Walk accept Nets Flashpay only. Some others don't even accept Nets Flashpay.

 

[dlrowehtleah]

i think the Subway @ basement of NorthPoint SC accepts payWave. saw long queue juz now. they even displayed a big poster outside 2 remind ppl of dis promo.

 

[swatchie]

it is found
Subway Singapore

Subway Singapore

I paid using visa paywave yesterday at the Subway @ Kovan after the cashier told me about the promotion. But when I checked the bill when I got home, I realised there was no $1 discount.