I am new to this account.
Suppose my UOB one CC cycle is from 15 Sep-14 Oct. For the calculation of interest for the month of Oct, is it based on $500 spending during 15 Sep-14 Oct cycle or is it based on $500 spending during month of Oct (i.e 1-31 Oct)?
welcome to confusion part 1
for rebate 3.33%, spend
> 500 (15/09-14/10)
> 500 (15/10-14/11)
> 500 (15/11-14/12)
subjected to consistent spending each mth per billing quarter
for interest of up to 2.42%, spend
> 500 (01/09-30/09)
> 500 (01/10-31/10)
> 500 (01/11-30/11)
> 500 (01/12-31/12)
subjected to tier of savings, not restricted by quarters, ie failure to spend in one of the month does not affect interest in other months
in order not to disrupt your quarters, u cannot change date to have 2 statements in the same month, ie. cannot have
statement 1 : 14 oct (uob read as oct statement)
statement 2 : 30 oct (uob read as oct statement)
they will confuse themselves then dun give u rebate.
today already 9 oct, not sure if u can change date now. suggest that u reverify with cso if changing date will affect your benefits as we cant be held responsible if our advices is a little wrong (just in case).
suggested dates
statement 1: push back to 27-28 oct if possible
statement 2 : 27-28 nov
or
statement 1 : 14 oct
statement 2 : 1-3 nov
alternatively u can dun change date, and try to plan your spending to fit the dates for rebates and interest
uob rejected my appeal
