UOB ONE Account

[Larcenciel1981]

wanna check with your guys...

if i have swiped a visa transaction on my UOB1 card on the 31 Aug but the POSTED date is recorded as 2nd Sept, for my UOB1 Account bonus interest, does this transaction fall under the mth of Aug or Sept?

 

[coldboy]

wanna check with your guys...

if i have swiped a visa transaction on my UOB1 card on the 31 Aug but the POSTED date is recorded as 2nd Sept, for my UOB1 Account bonus interest, does this transaction fall under the mth of Aug or Sept?

Yes. Always based on posted date.

Sent from OP7 Pro using GAGT

 

[xXxJavierxXx]

Interest is in!

 

[maumu]

wanna check with your guys...

if i have swiped a visa transaction on my UOB1 card on the 31 Aug but the POSTED date is recorded as 2nd Sept, for my UOB1 Account bonus interest, does this transaction fall under the mth of Aug or Sept?

September.. unfortunately (if you need that transaction to meet min spent)

 

[coconut1]

September.. unfortunately (if you need that transaction to meet min spent)

yup, it's based on posting dated as confirmed with CSO b4.

 

[chiokcc]

https://forums.hardwarezone.com.sg/122052523-post3987.html

B.U.M.P. for info

Bonus interest from 01 August 2018 if you satisfy the required conditions and have ADB of $75k in the account :
($4.903)×(no of days in the month)

28 days in the month = $137.27
29 days in the month = $142.18
30 days in the month = $147.08
31 days in the month = $151.98

 

[Larcenciel1981]

September.. unfortunately (if you need that transaction to meet min spent)

Thanks for all those that replied to my enquiry.

Sept is good cuz I actually wanted the transaction to fall into this math instead of Aug cuz I already met the min 500sgd for the mth of Aug. Technically speaking...I now need to spend less on my uob1 card for this mth.

 

[Kraken203]

Hi all, im in the midst of signing up for UOB One account and One cc. Just wanna check with for the 3.88% rate, it states every mth must spend minimum $500 (min 5 transactions).

So if i have the following set to recurring cc payment
- keppel electric
- sp power
- 2 diff telco

Would i have fulfilled 4 transactions?

TIA all. Its my first cc application so alot of things dont know. Thks.

Posted with MyPhoneLor HardwareZone Forums app

 

[vddgnd]

Hi all, im in the midst of signing up for UOB One account and One cc. Just wanna check with for the 3.88% rate, it states every mth must spend minimum $500 (min 5 transactions).

So if i have the following set to recurring cc payment
- keppel electric
- sp power
- 2 diff telco

Would i have fulfilled 4 transactions?

TIA all. Its my first cc application so alot of things dont know. Thks.

Posted with MyPhoneLor HardwareZone Forums app

Yes 4 transactions

 

[oceanicmanta]

Hi all, im in the midst of signing up for UOB One account and One cc. Just wanna check with for the 3.88% rate, it states every mth must spend minimum $500 (min 5 transactions).

So if i have the following set to recurring cc payment
- keppel electric
- sp power
- 2 diff telco

Would i have fulfilled 4 transactions?

TIA all. Its my first cc application so alot of things dont know. Thks.

Posted with MyPhoneLor HardwareZone Forums app

I think u got the criteria for Bonus Interest mixed up with the Card Rebate.

Bonus Interest needs 3 Giro (to One Account, not Credit Card) & $500 CC spend.

Rebate needs 5 txns (on CC, not One Account) & $500 CC spend.

also, the One Account interest is tiered ... 3.88% is only for the top tier ...

if u have exactly 75K AUM, u get 2.44%pa interest

any more or less than 75k, u get less than 2.44% pa

IMO, no need to set up recurring on CC just to meet 5 txns. Can easily just buy mineral water at NTUC to clock transactions

 

[pete00]

Hi all i receive a

UOB One Cash rebate bill redemption of $100

One day before my statement Date

Thus total amount due for the month become $1050-100 =$950


Does this means i fail the minimum 1k spending criteria for the next quarter?

 

[kashanai]

Nope still considered as $1050 spent

Hi all i receive a

UOB One Cash rebate bill redemption of $100

One day before my statement Date

Thus total amount due for the month become $1050-100 =$950


Does this means i fail the minimum 1k spending criteria for the next quarter?

 

[Kraken203]

Thks boss

Yes 4 transactions

Posted with MyPhoneLor HardwareZone Forums app

 

[Kraken203]

Hi, thanks for the input. I guess i shld have rephrase some parts of the qns. Hahah.

I think u got the criteria for Bonus Interest mixed up with the Card Rebate.

Bonus Interest needs 3 Giro (to One Account, not Credit Card) & $500 CC spend.

Rebate needs 5 txns (on CC, not One Account) & $500 CC spend.

also, the One Account interest is tiered ... 3.88% is only for the top tier ...

if u have exactly 75K AUM, u get 2.44%pa interest

any more or less than 75k, u get less than 2.44% pa

IMO, no need to set up recurring on CC just to meet 5 txns. Can easily just buy mineral water at NTUC to clock transactions

Posted with MyPhoneLor HardwareZone Forums app

 

[alt2015]

I think u got the criteria for Bonus Interest mixed up with the Card Rebate.

Bonus Interest needs 3 Giro (to One Account, not Credit Card) & $500 CC spend.

Rebate needs 5 txns (on CC, not One Account) & $500 CC spend.

also, the One Account interest is tiered ... 3.88% is only for the top tier ...

if u have exactly 75K AUM, u get 2.44%pa interest

any more or less than 75k, u get less than 2.44% pa

IMO, no need to set up recurring on CC just to meet 5 txns. Can easily just buy mineral water at NTUC to clock transactions

What the criteria to get 3.88%?

 

[Disaresta]

What the criteria to get 3.88%?

The last 15k of 75k.

 

[pete00]

Nope still considered as $1050 spent

Thank you~~~

 

[alt2015]

The last 15k of 75k.

? Dont understand . Can give detail?

 

[Disaresta]

? Dont understand . Can give detail?

The interest rate for UOB One Account is tiered. Refer to https://www.uob.com.sg/personal/save/chequeing/one-account.page#howitworks

First $1 until 15k, interest rate is 1.85%.
Next 15k is 2%.
Blablabla until the last 15k of 75k which is 3.88%
So if u have 75k in your One account, the effective interest rate is:
(1.85 + 2 + 2.15 + 2.3 + 3.88)/5 = 2.436%

 

[alt2015]

The interest rate for UOB One Account is tiered. Refer to https://www.uob.com.sg/personal/save/chequeing/one-account.page#howitworks

First $1 until 15k, interest rate is 1.85%.
Next 15k is 2%.
Blablabla until the last 15k of 75k which is 3.88%
So if u have 75k in your One account, the effective interest rate is:
(1.85 + 2 + 2.15 + 2.3 + 3.88)/5 = 2.436%

Thks . I thought have effective 3,88%