UOB one card

[edwinksl]

it's a way to maximize cashflow, if I can just pay the min. amount every month, I have more cashflow every month that can be channeled to investment etc. It's probably the same reason why some prefer to pay the loan slowly even though they can afford to clear it one shot. I just curious why other CC have min. payment but UOB ONE's min. payment = full amount.

as others have pointed out, you are aware you still need to pay interest on the unpaid amount right?

 

[sellipad2]

max cashflow? can your investment earn more than 27-28% PA? Thats the biggest joke of century. Mortgage repayment is only 3%+ now, so it make sense if investment return can offset cost of funds, but first time i heard of people paying min for CC just to max cashflow

 

[sohguanh]

max cashflow? can your investment earn more than 27-28% PA? Thats the biggest joke of century. Mortgage repayment is only 3%+ now, so it make sense if investment return can offset cost of funds, but first time i heard of people paying min for CC just to max cashflow

Maybe TS go casino tables play big small or card games mah then yes really can earn much more than 27-28% Even > 100% also can haha

 

[XiaoJinLing]

My this UOB one card very jialat ... kanna 4 fraudulent transactions from amazon prime amounting to few hundred dollars... and uob say need to investigate.... very sianz

 

[GuiGuZi]

UOB will love you. Did you bother to find out what rate they charge you for the balance not paid ?

I am interested to know what kind of investment can get returns higher than credit card interest.

Maybe he is Ah Long himself, loan out to other people at higher interests...

 

[CrashWire]

My this UOB one card very jialat ... kanna 4 fraudulent transactions from amazon prime amounting to few hundred dollars... and uob say need to investigate.... very sianz

Amazon doesn't require CVV, so a lot of script kiddies use them to brute force card numbers.

 

[Ehjw93]

Hi all,

May I ask if there are any recommendations to meet the $500 spend?

Initially planning to use it to pay my monthly insurance payments. However, Singlife does not accept monthly credit card payments.

Please advise, as I'm new to the card.

Apologies if this question have been asked before.

Thank you.

 

[edwinksl]

Hi all,

May I ask if there are any recommendations to meet the $500 spend?

Initially planning to use it to pay my monthly insurance payments. However, Singlife does not accept monthly credit card payments.

Please advise, as I'm new to the card.

Apologies if this question have been asked before.

Thank you.

some typical examples include simplygo (mrt and bus), utilities bill, mobile phone bill, groceries, dining, gym subscription

 

[FlyGuardX]

Hi all,

May I ask if there are any recommendations to meet the $500 spend?

Initially planning to use it to pay my monthly insurance payments. However, Singlife does not accept monthly credit card payments.

Please advise, as I'm new to the card.

Apologies if this question have been asked before.

Thank you.

volunteer to pay for your colleague's meal and get them to pay you back

 

[chm527]

Hi all,

May I ask if there are any recommendations to meet the $500 spend?

Initially planning to use it to pay my monthly insurance payments. However, Singlife does not accept monthly credit card payments.

Please advise, as I'm new to the card.

Apologies if this question have been asked before.

Thank you.

There is additional rebate of 5% if u spend Dairy Farm that is Giant, Guardian, Cold storage, 7-11. Use this card whenever u visit these places.

Otherwise 3.33% is not bad, so can just use this card whenever u need to spend to clock the $500.

 

[BlackTortoise]

There is additional rebate of 5% if u spend Dairy Farm that is Giant, Guardian, Cold storage, 7-11. Use this card whenever u visit these places.

Otherwise 3.33% is not bad, so can just use this card whenever u need to spend to clock the $500.

June spent $1,000,
July spent $1,000,
August spent $950

Do I still earn $100 quarterly cashback or only $50 to meet the minimum tier of $1,500 quarterly spent?

Or

June spent $1,000,
July spent $1,100,
August spent $900

Do I still earn $100 quarterly cashback or only $50 as I did not hit $1,000 spent in August?

 

[maumu]

June spent $1,000,
July spent $1,000,
August spent $950

Do I still earn $100 quarterly cashback or only $50 to meet the minimum tier of $1,500 quarterly spent?

Or

June spent $1,000,
July spent $1,100,
August spent $900

Do I still earn $100 quarterly cashback or only $50 as I did not hit $1,000 spent in August?

both cases you only get $50 quarterly cashback for not meeting $1000 in ALL 3 months.

 

[BlackTortoise]

both cases you only get $50 quarterly cashback for not meeting $1000 in ALL 3 months.

But second case did hit $3,000 quarterly, June spent $1,000, July spent $1,100, August spent $900. Total $3,000. Can use July the additional $100 to make up for August short of $100?

 

[highsulphur]

But second case did hit $3,000 quarterly, June spent $1,000, July spent $1,100, August spent $900. Total $3,000. Can use July the additional $100 to make up for August short of $100?

You need to spend at least 1k every month for that 3 month period

 

[Trazora]

But second case did hit $3,000 quarterly, June spent $1,000, July spent $1,100, August spent $900. Total $3,000. Can use July the additional $100 to make up for August short of $100?

it does not work that way

 

[chiokcc]

https://mothership.sg/2023/06/uob-taylor-swift/

 

[sohguanh]

https://mothership.sg/2023/06/uob-taylor-swift/

Yes it is true. My dotter already booked my card in advance but the concert ticket she ownself pay. This is logical becuz for me I also pay myself when Beyond come Spore play back in the 90s.

 

[LIN_JOEL]

But second case did hit $3,000 quarterly, June spent $1,000, July spent $1,100, August spent $900. Total $3,000. Can use July the additional $100 to make up for August short of $100?

They don’t work this way.
got to be minimum spending per statement calendar and Do check your quarterly period.

eg you got your card in May, your quarterly is May, June and July.

 

[vsvs24]

They don’t work this way.
got to be minimum spending per statement calendar and Do check your quarterly period.

eg you got your card in May, your quarterly is May, June and July.

Better check with hotline on the months that make up the quarter. Don't assume.

My case is by the time I received the card, it was already the second mth. But first quarter for new card they will prorate.

 

[iadpotato]

as expected. this quarter rebate again missing cashback for all shopee supermart tx. damn sian of chasing liao...

last quarter the missing cashback from shopee supermart they return to me this round. but this round one missing again.... wtf sia this bank

missing amount quite significant to me, $3 the first round and now $6.35

u guys better check your cashback and go whack them.