for Tier 3 ($2000) spending tier, will be reduced to 3.33%.
"W.e.f. 1 May 2022, get up to 10% cashback on your bus and train MRT rides with SimplyGoNEW, Dairy Farm International, Grab, Shopee Singapore and SP transactions. Your UOB One Credit Card cashback for minimum S$2,000 spend will also be revised to up to 3.33% (S$200 quarterly cashback) with effect from the statement month of July 2022 (i.e. your spending in June). To find out more about your new benefits and changes,
here."
the FAQ site currently not working, awaiting for more detailed explanation how this affects everyone's upcoming quarter as it mentions taking effect from July 2022 (June spending).