UOB one card

[DontForgetToRemember]

Thanks!

Any idea on below picture? Mine just end of 3rd month, not yet 4th.

End of 4th month statement

 

[Trazora]

Thanks!

Any idea on below picture? Mine just end of 3rd month, not yet 4th.

This $300 will only be credited to the card to offset spending in 4th month or later statement. E.g. If you spend more than $300 on the card in 4th month statement, the $300 will be credited at end of 4th month statement.

 

[vsvs24]

This $300 will only be credited to the card to offset spending in 4th month or later statement. E.g. If you spend more than $300 on the card in 4th month statement, the $300 will be credited at end of 4th month statement.

This is the tricky thing about UOB One credit card. Other banks will credit the rebate outright. If not spent will just roll forward and you always see it in your statement to remind you to spend it.

But UOB only credits if you spend. So if you don't track and don't know you have rebate and don't spend, the rebate is just eaten up by UOB.

This feature plus the requirement that must have monthly spend to get quarterly rebate (eg no rebate if hit 2 out of 3 mths only) just shows how sneaky UOB is.

 

[DontForgetToRemember]

Noted. But do you know how the other 300 be credited as well? I expect total 600 rebate at the end of my 4th months statement(after this month end), am i correct?

This $300 will only be credited to the card to offset spending in 4th month or later statement. E.g. If you spend more than $300 on the card in 4th month statement, the $300 will be credited at end of 4th month statement.

 

[DontForgetToRemember]

Yea.. as old way saying.. wan give also "bo steady".

This is the tricky thing about UOB One credit card. Other banks will credit the rebate outright. If not spent will just roll forward and you always see it in your statement to remind you to spend it.

But UOB only credits if you spend. So if you don't track and don't know you have rebate and don't spend, the rebate is just eaten up by UOB.

This feature plus the requirement that must have monthly spend to get quarterly rebate (eg no rebate if hit 2 out of 3 mths only) just shows how sneaky UOB is.

 

[pandipanda]

End of 4th month statement

Thank you Sifu! This is my first time getting rebates and I’m quite confused the way they credit the rebates. So just to double confirm, $600 will be reflected at the end of 4th statement? Gotcha! I certainly have a lot more to learn.

 

[iduncheckmail]

This is the tricky thing about UOB One credit card. Other banks will credit the rebate outright. If not spent will just roll forward and you always see it in your statement to remind you to spend it.

But UOB only credits if you spend. So if you don't track and don't know you have rebate and don't spend, the rebate is just eaten up by UOB.

This feature plus the requirement that must have monthly spend to get quarterly rebate (eg no rebate if hit 2 out of 3 mths only) just shows how sneaky UOB is.

ok lah, give and take lah. I wont say its "sneaky". Other cards' cashback may not be so high, then cashback is limited by category or have a low rebate cap. There are diff rules for each CC.

i'm sure its because they expect a % of people to miss 1/3months or overspend some months and not others. That allows them to give rebate of 3.33%/ 5% from what they collect from merchants, CC fees etc.

 

[Trazora]

Noted. But do you know how the other 300 be credited as well? I expect total 600 rebate at the end of my 4th months statement(after this month end), am i correct?

Additional 5% from grab will be credited end of 4th month statement

 

[comex_1]

I Got the CC spending rebate $100 and Grab top up rewards $2xx at the same time(yesterday).

Additional 5% from grab will be credited end of 4th month statement

 

[saintgtril]

I Got the CC spending rebate $100 and Grab top up rewards $2xx at the same time(yesterday).

Hi all, I still don't get my cc spending rebate and grab top up though it is already after the 4th month. Anyone knows why? Thanks.

Cycle: Aug, Sept and Oct.
For all these 3 months, I top up $400 * 5 = $2000 within the statement month.

 

[ECyClone]

Hi all, I still don't get my cc spending rebate and grab top up though it is already after the 4th month. Anyone knows why? Thanks.

Cycle: Aug, Sept and Oct.
For all these 3 months, I top up $400 * 5 = $2000 within the statement month.

My cycle is also Aug, Sept and Oct. I got an sms on my $50 cash rebate on 1st Dec and just gotten my paper statement.

 

[someusername]

So when will the grab topup get nerfed like the Yolo? I'm about to start on a new 3 month period and only use it for grab and for specific spending. If UOB nerf it then I won't make the spend requirement unless I forego better earning on other cards. It feels like this ones time is about up. (see what I did there?).

 

[MaoZeDuo]

If nerf still have 5%

So when will the grab topup get nerfed like the Yolo? I'm about to start on a new 3 month period and only use it for grab and for specific spending. If UOB nerf it then I won't make the spend requirement unless I forego better earning on other cards. It feels like this ones time is about up. (see what I did there?).

 

[ColorCode]

Not worth the risk.

So when will the grab topup get nerfed like the Yolo? I'm about to start on a new 3 month period and only use it for grab and for specific spending. If UOB nerf it then I won't make the spend requirement unless I forego better earning on other cards. It feels like this ones time is about up. (see what I did there?).

 

[ixoral]

This risk is worth 10% every month. It all depends on your risk appetite

Not worth the risk.

 

[GrandJedi]

Anyone knows if Parking.SG is considered a qualified transaction for the minimum 5 transactions criteria on the credit card?

 

[shpesft]

Yes it is.

Anyone knows if Parking.SG is considered a qualified transaction for the minimum 5 transactions criteria on the credit card?

 

[GrandJedi]

great! you have tried it before personally and it was accepted? (because the t&c says govt agencies are excluded). so its fantastic if it works.

 

[shpesft]

Yes. I’ve used Parking Sg with UOB One card. It counts towards the 5 transactions as well as valid CC spending. Only issue is the posting date is not consistent, can take 2-3 days before it gets posted.

great! you have tried it before personally and it was accepted? (because the t&c says govt agencies are excluded). so its fantastic if it works.

 

[yiwei]

Hi all, I still don't get my cc spending rebate and grab top up though it is already after the 4th month. Anyone knows why? Thanks.

Cycle: Aug, Sept and Oct.
For all these 3 months, I top up $400 * 5 = $2000 within the statement month.

Were the transactions posted with the statements?