Why I stopped using the UOB One Credit Card
Вставка
- Опубліковано 27 чер 2022
- ✅ UOB ONE hmsg.link/uobonevisa
📙 Advanced Credit Card Mastery Course: hmsg.link/accm
☕️ Buy from my Ko-fi shop: hmsg.link/shop
🔭 Telegram Group: t.me/HoneyMoneySG
📷 Instagram @HoneyMoneySG / honeymoneysg
🎵 TikTok / honeymoneysg
📧 Email (Business only): sghoneymoney@gmail.com
🕸️ My Website: hmsg.link/website
INVESTING
📈 Interactive Brokers: hmsg.link/ibkr
🐂 Webull Singapore hmsg.link/sgwebull
🐮 Moomoo SG hmsg.link/sgmoomoo
🐯 Tiger Brokers SG Code HONEYMONEY: hmsg.link/sgtiger
🐬 uSMART Securities Code nn8gx7 hmsg.link/sgusmart
📝 POEMS Cash Plus: hmsg.link/poems
💵 ProsperUs Code: HONEYMONEYSG hmsg.link/prosperus
📗 Seeking Alpha Premium Offer hmsg.link/seekingalpha
📈 IBSG Sign-up hmsg.link/ibsg
CREDIT CARDS & PAYMENT APPS
💳 Credit Cards Affiliate Links (Singsaver gifts) t.me/sgpromocode
🔎 Google Pay lp0l598 hmsg.link/googlepay
💴 Instarem Amaze Code: NhkWBH hmsg.link/amaze
🚌 Revolut SG hmsg.link/revolut
☯️ YouTrip hmsg.link/youtrip
🙏 Trust Bank Code: HUQPC614 www.trustbank.sg
🅱️ BigPay referral KJN6MN5GS0 at bigpay.link/referrals
🚩 Wise hmsg.link/wise
✈️ Kris+ App Code: C647172 hmsg.link/krisplus
🛍 Shopback $5 Code: caQmJa hmsg.link/shopback
🧾 DBS Paylah! $5 with code CHRHAF684
😻 Favepay hmsg.link/fave
💰 iPayMy hmsg.link/ipaymy
💳 CardUp Code WAIKITC316 app.cardup.co/users/sign_up
♾️ Max Card hmsg.link/heymax
LIFESTYLE
🎮 Sony PS5 hmsg.link/ps5
🛍 Lazada hmsg.link/lazada
🛍 Qoo10 hmsg.link/Qoo10
🛍 Aliexpress hmsg.link/aliexp
⭐️ CapitaStar App $5 hmsg.link/capitastar
🏬 Lendlease Plus $5 referral code NsHQKY hmsg.link/lendlease
🛒 NTUC Union hmsg.link/ntucunion
🐼 FoodPanda hmsg.link/foodpanda
📞 ZYM 4G $10 Plan hmsg.link/zym4g
📞 ZYM 5G $19.90 Plan hmsg.link/zym5g
ROBO-ADVISORS
☣️ Syfe Trade & Wealth code: HONEYMONEY @ hmsg.link/syfe
🦉 MoneyOwl Code: 8JPW-62FZ hmsg.link/moneyowl
🤖 Endowus hmsg.link/endowus
💸 Stashaway hmsg.link/stashaway
BUSINESS
💼 Osome Services hmsg.link/osome
🦅 AMEX Highflyer Card hmsg.link/highflyer
☯️ YouBiz $50 Code: zi94mVNK @ hmsg.link/youbiz
TRAVEL
📳 Airalo Code CHRIS7822 hmsg.link/airalo
✈️ Klook hmsg.link/klook
✈️ Airasia App hmsg.link/airasiaapp
✈️ MSIG Travel Insurance hmsg.link/msigtravel
✈️ Allianz Travel Insurance hmsg.link/allianztravel
✈️ Starr Travel Insurance hmsg.link/starrtravel
✈️ TIQ by Etiqa Code R56612 hmsg.link/tiq
🏨 i-Prefer Hotels hmsg.link/iprefer
PROFESSIONAL SERVICES:
🤝 DareToFinance Fin Planning hmsg.link/daretofinance
🏠 Book a call with Ohmyhome hmsg.link/ohmyhome
Disclaimer: The information provided in any affiliate referral or recommendation should not be considered as financial advice. The content is for general information purposes only and does not take into account your personal financial situation, goals or objectives. You should always do your own research and seek professional advice before making any financial decisions. We may receive compensation for affiliate referrals, but this does not influence our recommendations or reviews.
_________________________________________________
Nerf of $2000 Spend tier to 3.33%
- From Jul 2022 Statement month, $2000 Spend tier will only get 3.33% Cashback, instead of 5% previously.
- This will align the Base cashback % across $500, $1000 and $2000 spend tier
- For $2000 spend * 3 months, previous 5% Cashback = $300 per quarter. With 3.33%, now = $200 (Less $100 per quarter)
Reduced consumption spending (Grab, Shopee)
- No more Work from home, not available to collect parcel and Grab orders
Reduced Effort for tracking min spend
- Busy with work and side hustle
CardUp and iPayMy
- 3.33% less 2% fee = 1.3% Effective cashback, may still be worth it?
- Doesn’t really affect $500 and $1000 spend tiers
Some good news?
- SimplyGo added as Bonus category that can earn 5%-6.67% Additional cashback
- Use Revolut for 20% Public Transport Cashback first
My alternative (Amaze + Citi Rewards)
✅ UOB ONE hmsg.link/uobonevisa
📙 Advanced Credit Card Mastery Course: hmsg.link/accm
☕ Buy from my Ko-fi shop: hmsg.link/shop
🔭 Telegram Group: t.me/HoneyMoneySG
📷 Instagram @HoneyMoneySG instagram.com/honeymoneysg
🎵 TikTok www.tiktok.com/@honeymoneysg
📧 Email (Business only): sghoneymoney@gmail.com
🕸 My Website: hmsg.link/website
INVESTING
📈 Interactive Brokers: hmsg.link/ibkr
🐂 Webull Singapore hmsg.link/sgwebull
🐮 Moomoo SG hmsg.link/sgmoomoo
🐯 Tiger Brokers SG Code HONEYMONEY: hmsg.link/sgtiger
🐬 uSMART Securities Code nn8gx7 hmsg.link/sgusmart
📝 POEMS Cash Plus: hmsg.link/poems
💵 ProsperUs Code: HONEYMONEYSG hmsg.link/prosperus
📗 Seeking Alpha Premium Offer hmsg.link/seekingalpha
📈 IBSG Sign-up hmsg.link/ibsg
😯😯😯
So you no longer have a cashback card?
I too am thinking of moving my high pend card to a miles card soon but will need to see how my sending looks like in the next few months
I'm still using my American Express True Cashback / UOB Absolute Cashback for Grabpay Top-ups
Yea, had a lot of issues with this card. There's a lot of limitations eg transactions won't count if it's a charity organisation (like fees incurred from a professional board) or if the post date of the transaction was delayed to next month etc. These are things outside the consumers' control n u only realised when u dun receive the interest..
you can always check the spending under your One account (details). I usually clocked $500 by 2nd or 3rd week so I will just wait for few more days to be reflected and then charge more to this card to make up for any shortfall. Any excess spending I charge to SCB unlimited.
Agree.. I think I wanted to close off the card already. Also they don’t count those “pending” transactions incurred 1-2 days before the cut off date. My big transaction incurred on 27 and 28 FEB, but it’s not in the next statement… 😂 Apart from that, the so called reward that they said will be given for applying card doesn’t seem to apply if we apply for the card using the mobile app. I really felt like being scammed by UOB!
What's the admin fees 2%? So means you don't get back $200 every 3 months?
my fav bank is UOB, never have i used it once
Hi Chris, regarding of the spending must it be on the selected category such as Grab, Shopee, Daily Farm, SP? In the website i saw that a rebate of 3,.33% of all spending and i curious what type of spending is consider cashback and does spending on retail, f&B and online such as lazada or online travel booking count as part of the spending?
No need. just that ACB merchants get extra 5% cashback. Normal retail merchants count as base 3.33% cashback and min spend
😯cool!
that's really cool~😯
I'm using a combination of UOB ONE, EVOL and Absolute to maximise the caseback. Wonder if this is a good strategy?
Good enough
I also not using it as main card as the rebate is given every 3 months. One month miss n no more rebate
Yeah it's tough
I will be taking Grab rides amounting 600-800 per month. Do you still think this is the best cashback card for grab rides? If 600-800 per month of grab rides we will get around 8.3% for Grab? Is there any cap earning for Grab rides? Or is there any other better card?
Good enough with UOB One
Why would u use uob one for grab though? It's only free to use mastercard for grab now since they now charge visa card transaction fee though. Just fyi.
I think you are confusing top-ups vs direct spending on Grab
Ok. So Chris, do what you do for a living?
Supply Chain Analyst
Any review on
New DBS Vantage Card. ?
Not yet for now
Still have the 20% cashback as of Jul?
Have. Need to transfer in $300 for Revolut
Me too. Stop using already
Has revolut stopped with the 20% cashback?
Yes
I still continue using uob one card $500 every month
I use UOB One Card for recurring bills and grocery shopping. >$1K monthly no problem.
Boss 02:18 nobody at home they throw into the riser lor lol.
Never been a fan of UOB cards.