UOB one card

[oceanb70]

They dont claw back. It will increase the spending requirement for your current month .
Similar like what Trazora explained - regardless whether the previous month was the end of cycle where the rebate credited.

I see. Good question. Never thought of this but will be useful in time to come

 

[oceanb70]

Does using grabpay to pay other merchant that accept it consider grab spending that entitled the additional rebates?

 

[Trazora]

Does using grabpay to pay other merchant that accept it consider grab spending that entitled the additional rebates?

Need to top up grabpay wallet first right?

 

[oceanb70]

Need to top up grabpay wallet first right?

I see. So the top up to grab pay earn towards the 3.33% but min $500 and additional 5%

 

[ABuNeNe]

any limit on grab top-up?

 

[JuniorLion]

any limit on grab top-up?

Limit is 30000/year.

 

[dngth]

If i failed to clock the min spend of $500 for any of the 1st month of the quarter for this card, does it meant that there is no rebate even if I clock the min spend for the subsequent two months?

 

[JuniorLion]

If i failed to clock the min spend of $500 for any of the 1st month of the quarter for this card, does it meant that there is no rebate even if I clock the min spend for the subsequent two months?

Yes. .

 

[AMD_FREAK]

Question : when will the 5% Grab rewards credit to my account? End of the month or upon statement date?

 

[shpesft]

Has been answered before

Credited on end of month after your quarter. If your quarter is from 1 Jan to 31 Mar, credit will be in 30 Apr, same date as per your quarter rebates.

Question : when will the 5% Grab rewards credit to my account? End of the month or upon statement date?

 

[AMD_FREAK]

Has been answered before

Credited on end of month after your quarter. If your quarter is from 1 Jan to 31 Mar, credit will be in 30 Apr, same date as per your quarter rebates.

I see, sorry about that. Many thanks!! Have a beautiful Wednesday.

 

[vsvs24]

If i failed to clock the min spend of $500 for any of the 1st month of the quarter for this card, does it meant that there is no rebate even if I clock the min spend for the subsequent two months?

For new cards, first quarter can be prorated. After that must spend min $500 for all 3 mths or will get 0 rebate.

This is what I hate most about UOB One card. Have to be careful when there are refunds.

 

[Crapinon]

hey guys,

if i get a $1 geneco REBATE (not refund) , anyone knows if i have to spend an extra $1 for that statement month? e.g. $2001 spending needed instead of $2000?

or are rebates treated differently from refunds?

 

[Trazora]

hey guys,

if i get a $1 geneco REBATE (not refund) , anyone knows if i have to spend an extra $1 for that statement month? e.g. $2001 spending needed instead of $2000?

or are rebates treated differently from refunds?

Rebate dun affect spending requirement

 

[Crapinon]

Rebate dun affect spending requirement

thanks for the quick reply! was worried for a second

 

[oceanb70]

They dont claw back. It will increase the spending requirement for your current month .
Similar like what Trazora explained - regardless whether the previous month was the end of cycle where the rebate credited.

Just read the exclusion again. I quote " (d) any credit card transaction that was subsequently cancelled, voided or reversed for any reason;"

That doesn't match what you said.

 

[Panerex]

If my monthly spending target is $1K, and I have a $300 credit refund this month.

Does it mean I need to spend $1.3K?

TIA

 

[Trazora]

If my monthly spending target is $1K, and I have a $300 credit refund this month.

Does it mean I need to spend $1.3K?

TIA

Yes. 10char

 

[madtari]

I don't think so... the bonus interest/cashback calculation should be based on qualified transactions based on posted date, not your bill statement amount. So you can still spend 1K but you only need to pay $700 for your next bill and you should still be able to get bonus interest/cashback.

EDIT: Sorry for misreading... my above reply is true only for $300 cashback credited, not for refund. For refund, I'm not too sure.

If my monthly spending target is $1K, and I have a $300 credit refund this month.

Does it mean I need to spend $1.3K?

TIA

 

[IcYFl4mEz]

If u chArged $300 at xxx , and it got refunded, then yes. Bcos u basically never spent that amount.