UOB ONE Account

[dowzkeh]

Guys

How to correctly create a giro credit card payment?

Go to the issuing bank and request for an interbank giro form (probably can print this off from the internet)

complete the form, and send it back to the issuing bank.

There, you are done.

 

[mambo123]

This can also be tested in conjunction with $500 supplementary spending.

It's based on calendar month. And supplementary spending is included in the calculation.

 

[NTTDoCoMo]

Bonus Interest is In....

 

[danong]

Bonus Interest is In....

Thanks 4 informing. Yup in.

 

[chopra]

quick question - the 500 spending per month to qualify for bonus interest, it mirrors the UOB 1 card quarterly cycle?

or is it by calendar month?


TIA for your help

Calendar. If in doubt, change ur cc statement date to 2nd of each mth. Dont ask me why cannot 1st of each mth.

Kthxbye

 

[chopra]

Still getting 1.6%. Still waiting for giro

 

[dork32]

Still getting 1.6%. Still waiting for giro

waiting for the giro approval is really frustrating.

 

[Chisel]

Juz rec'd this SMS.

Please note that your UOB One Card cash rebate will be enhanced with effect from 1 Oct 2015. Visit uob.com.sg/one to find out your new spend tiers and other details.

 

[galapogos]

Hi,

Some questions.

Say I spend at least $500 on my UOB One Card, and also credit my salary of >$2000 to my UOB ONE Account. According to the UOB website, I should get the following interest rates depending on how much money I have in my account

1.5% pa for first $10000
2% pa for next $20000 (i.e. total balance up to $30000)
3.33% pa for next $20000 (i.e. total balance up to $50000)
0.05% pa above $50000.

Let's say I have $50000 in the account. Does that mean I get 3.33% on the entire $50000, or is it split into 3 tiers?

Similarly, if I have $50001 in the account, do I get 0.05% on the entire amount, or does the 0.05% apply only on the $1 above the $50000?

Thanks.

 

[sandwicher]

Hi,

Some questions.

Say I spend at least $500 on my UOB One Card, and also credit my salary of >$2000 to my UOB ONE Account. According to the UOB website, I should get the following interest rates depending on how much money I have in my account

1.5% pa for first $10000
2% pa for next $20000 (i.e. total balance up to $30000)
3.33% pa for next $20000 (i.e. total balance up to $50000)
0.05% pa above $50000.

Let's say I have $50000 in the account. Does that mean I get 3.33% on the entire $50000, or is it split into 3 tiers?

Similarly, if I have $50001 in the account, do I get 0.05% on the entire amount, or does the 0.05% apply only on the $1 above the $50000?

Thanks.

3.33% on the final tier only.
The EIR is 2.43% as stated in their website.

Cheers!

 

[oceanicmanta]

Hi,

Some questions.

Say I spend at least $500 on my UOB One Card, and also credit my salary of >$2000 to my UOB ONE Account. According to the UOB website, I should get the following interest rates depending on how much money I have in my account

1.5% pa for first $10000
2% pa for next $20000 (i.e. total balance up to $30000)
3.33% pa for next $20000 (i.e. total balance up to $50000)
0.05% pa above $50000.

Let's say I have $50000 in the account. Does that mean I get 3.33% on the entire $50000, or is it split into 3 tiers?

Similarly, if I have $50001 in the account, do I get 0.05% on the entire amount, or does the 0.05% apply only on the $1 above the $50000?

Thanks.

Interest is "split" into 3 tiers. The effective interest rate on the entire $50k is 2.43% pa (if CC spend & salary credit criteria r met).
Interest computed daily (not ADB over 1 month)
0.05% apply only on the $1 above the $50000.

 

[Panerex]

Did anyone compare this UOB ONE account to DBS Multiplier Account?

Assume I can meet UOB ONE card spending of monthly $500, and can maintain $50K inside UOB ONE account, will this better than DBS Multiplier assuming that I can also reach the highest possible interest rate there due to my dividends and salary?

TIA

 

[dork32]

Did anyone compare this UOB ONE account to DBS Multiplier Account?

Assume I can meet UOB ONE card spending of monthly $500, and can maintain $50K inside UOB ONE account, will this better than DBS Multiplier assuming that I can also reach the highest possible interest rate there due to my dividends and salary?

TIA

multiplier should not be compared with uob1. you can in fact have both of them together, especially for someone as powerful as you. this is because uob1 does not require salary crediting.

however, i will still not put my money in the multiplier because ocbc 360 is better. then again, if your dividend is so good, your home loan is so high, you may want to consider to have all 3 accounts.

 

[sciprof]

guys if i have Uniplus account with UOB, can ask UOB to change it to ONE account? Btw i got the UOB one card liao. Actually, UOB one account is a chequeing account right.

 

[K|muRa^84]

gonna migrate from ocbc360 to uob one

concluded that my life is made much easier by consolidating my CC spending on the One card

 

[edwinttt1978]

gonna migrate from ocbc360 to uob one

concluded that my life is made much easier by consolidating my CC spending on the One card

That is so true for ONE card: 3.33% flat. Simple, easy and piggy back on UOB ONE Account.

For a more exciting life, consider Citibank Dividend card whereby minimum spending is required yet dividends are capped for different categories. What a joke.

 

[hmyoth]

That is so true for ONE card: 3.33% flat. Simple, easy and piggy back on UOB ONE Account.

For a more exciting life, consider Citibank Dividend card whereby minimum spending is required yet dividends are capped for different categories. What a joke.

The giro application need to print and fill up the form right?
I tried online giro application but only limited paying organisation.

 

[edwinttt1978]

The giro application need to print and fill up the form right?
I tried online giro application but only limited paying organisation.

Yes, print and mail.

 

[more3cm]

I ask cso again but she say atu no, when the bonus credit start in the month, testing it

Do keep us posted of the outcome.

I called UOB also on whether ATU linked to UOB1 card is included in the $500 spent for UOB One acc, the answer was negative.

He quoted this t&c
" 'Retail transactions' refers to local and foreign retail transactions, recurring bill payment and instalment payment plans ... "

Which is written differently from UOB1 card's t&c
' “Card Transactions” means the card transactions successfully charged to the Card Account by the Principal Cardmember and the Supplementary Cardmember, and captured or posted on the Bank’s systems...'

 

[edwinttt1978]

Ask the CSO:
1) How is ATU linked to UOB ONE Card?
2) Is it by NETS, GIRO, FAST transfer or VISA?