Why would I cancel my credit card? Additionally, you can also save money when you charge your groceries to this card. Please Enter your NRIC , Credit Card No. Enjoy a 10% cash rebate on Grab services, Dairy Farm Group merchants (e.g. Hitting the minimum spending limit of S$500 should be rather achievable for most Singaporeans. UOB One Credit Card. But if I were you and my spending fluctuates, I would definitely use One Card + GPMC, because I can always clock a steady $500 each month by topping up my Grab. Option 2: Annual Fee on Debit card • Debit card annual fee . Enjoy annual card fee waiver with 12 Visa or Mastercard transactions per year. RM2,000.00; Apply Now. 3% cashback* on Cold Storage, Giant, Guardian, 7-Eleven, Marketplace, Jasons & Jasons Deli transactions. OCBC 365 Card's S$192.60 fee is waived 2 years, then subsequently with just S$10,000 annual spend. If they say no, how can you negotiate? Get up to 10% cash rebate on the following 5 categories: groceries, health and beauty, convenience stores, transport, and food delivery . UOB One Card. Promoted Compare UOB credit cards. As this is a cobrand card, there are no transfer fees involved and your miles are automatically credited to your KrisFlyer account. Annual Fee Free* Cashback up to 5%; UOB One Visa Platinum Min. Also, 10% > 4 mpd! Cashback that you can enjoy on petrol will be capped at RM400 per month. I believe you can tie the UOB One account to UOB KrisFlyer card at least. CALL US AT 03 - 26128 121; VISIT ANY UOB BRANCH; Back to Main Borrow. But one practice of UOB has made me extra paranoid about doing so. Check when your credit card annual fee will be charged and whether or not this will affect your final payments when you plan to close your account. The KrisFlyer UOB Credit Card is available to anyone who earns a minimum income of $30,000 per annum and carries an annual fee of $192.60. RM168.00; Min. Enable/Disable the Overseas Use of your UOB Card. Your petrol spending during the weekends will only allow you to get 5% cashback. Annual Fee. As such, it's essential to pick the option that better fits your lifestyle. Learn more about UOB Instalment Payment Plan Fees & Charges Annual Fee. Enjoy these benefits with the UOB One Debit Card. UOB Direct Visa Debit Card S$18 12 Visa transactions p.a. Income RM4,000 /month Annual Fee RM168 Cashback up to 5%; UOB Visa Basic Card Min. RM68.00; Min. "Most generous debit card" is based on (i) up to 3% cashback awarded on the UOB One Debit Card for purchases of daily spend and (ii) up to 2.5% p.a. 15%; Balance Transfer (p.a) 7.77%; Annual Fee. If none of the CIMB credit cards appeal to you, consider getting a debit card. UOB Lady’s Debit Card S$18 12 Mastercard transactions p.a. For Non-UOB customer, please press *2. Monthly Income. or Banking Account No. The first year’s fee is waived but paying the annual fee in subsequent years yields 10,000 miles. With UOB ONE Card Classic you can now spend more and earn cashbacks! Debit card is only allowed to be linked to Basic Savings Account / Basic Savings Account-i / Basic Current Account / Basic Current Account-i Principal Annual Fee: S$0 annual fee for 1 year - S$192.60 thereafter. You can check with UOB. Income RM3,333.33 /month Annual Fee RM198 Cashback No; UOB Lady's Platinum MasterCard Min. Again, UOB One Card and UOB YOLO Card have fairly similar fee structures. There are many different reasons people cancel a credit card. You’ll get cash back when you watch movies at GSC and also when you pump petrol. Thereafter, annual fee waiver with at least 12 Mastercard transactions per calendar year. The benefits of the UOB One Card are: Unlimited cashback at Golden Screen Cinemas (GSC). ANNUAL FEES AND WAIVERS Card Type Annual Fee Waiver Criteria UOB Debit Card S$18 12 Mastercard transactions p.a. UOB Visa Debit Card S$10 12 Visa transactions p.a. 3% cashback* on Shopee Singapore (excludes Shopee Pay) 1% cashback* on Grab (excludes Grab wallet top-ups) Up to 2.5%^ p.a. Interest Rate (p.a.) How did you go about doing this? Fees & charges are also available upon request through our UOB 121 contact centers and customer service teams. There is an annual fee of S$18 with this debit card, but this shouldn’t trouble you as it’ll be waived for your first three years. Monthly Income. 5. Many are payable by credit cards and here are the common spendings by Singaporeans. Annual Fee Waiver. The UOB Visa Infinite Metal Card has one of the highest annual fees in its segment at S$642. S$3,852: Spend S$1M on the UOB Reserve in a membership year: UOB Reserve. On a weighted-average basis, the number of UNI$ required for a credit card annual fee waiver is increasing by 33%, even though annual fees per se haven’t changed.. Before I go into UOB credit card fee waivers, and why you shouldn’t get more than one UOB credit card if you want to waive your annual fee, let me give you some context so you get where I’m coming from and why I’m so mad. Annual Fee Waiver shall not apply to applicants who have cancelled and reapplied for the same principal UOB Lady's Debit Card. All five cards have hefty annual fees (some more than others), and generally require you to earn at least S$150,000 a year or have a Privilege Banking relationship with UOB (min AUM: S$350,000). Has anyone been successful in getting their UOB One card annual fees waived? At the same spend level, you’d earn just S$1,200/year with UOB One Card, and you’d also need to pay an annual fee. The UOB One Card can actually make your overseas spending more expensive than you think. UOB Delight Debit Card S$21.40 S$2,400 spend p.a. UOB has a policy of automatically deducting UNI$ from your UNI$ balance whenever your annual card fee becomes due, assuming you have a sufficient UNI$ balance (if not they’ll charge the fee to your card like all other banks). - 18% p.a. Need help. Some of the attractive features of the UOB One Debit Mastercard are 10% rebates, worldwide acceptance, enhanced card security, and many more. Minimum spend of S$500 on UOB One Card and/ or other selected cards. This averages out to a cost of about S$16/month. minimum annual income for UOB ONE Platinum Card - RM48,000; minimum age - 21 years old; Fees & Charges. UOB ONE Card Classic Get up to 5% cashback on all your retail transactions at selected merchants, and you are also given exclusive dining privileges at over 1,000 merchants nationwide! While avoiding an annual fee is attractive, UOB One Card is still a better bet for most stable spenders. Fees and charges levied on the bank's products and services are made available at our branches, corporate website, relevant marketing materials and product brochures for ease of reference for our customers. Plus, the fee is automatically waived if you make just 12 Visa transactions per year. Moreover, you may also earn Reward Points for your transactions. Commonly asked questions about cancelling a credit card . Debit card is only allowed to be linked to Basic Savings Account / Basic Savings Account-i / Basic Current Account / Basic Current Account-i Cashback Rate: 5%; Annual Interest Rate: 26.9%; Minimum Income (Singaporean & PR): S$30,000; Minimum Income (Non-Singaporean): S$80,000; Go to site. minimum payment - 5% of the outstanding balance or RM50, whichever is higher ; late payment charge - minimum RM10 or 1% of total outstanding balance, up to a maximum of RM100; cash advance interest - 18% p.a. Press 2 to enquire on credit card or cashplusfees or charges. RM5,000.00 ; Apply Now. UOB ONE Card Platinum gives you up to 8% cashback on retail transactions. And, while UOB YOLO Card has an S$192.6 annual fee waived only 1 year, OCBC 365 cardholders can avoid paying the S$192.6 fee with each annual spend of S$10,000. Another way to get a near-perpetual annual fee waiver on your credit card is to pick one with an automatic fee … interest on the UOB One Account with a retail spend of S$500 per month, when compared against other cashback cards issued in Singapore as at 1 November 2020. ... Sure, its local earn rate of 1.4 mpd is the highest of the segment, but you could just as well get that with a UOB PRVI Miles Card (which annual fee can be waived). debit cards in Singapore also have no annual fees for life. Otherwise, kindly continue to hold. Income RM2,000 /month Annual Fee Free* Cashback No; UOB Preferred Platinum MasterCard Min. Great for. Cold Storage, Giant, Guardian, 7-Eleven), and UOB Travel Planner transactions (total of up to 10%) Up to 5% cash rebate on all other retail spend. It’s worth pointing out that non-Advance customers earn just 2.5% rebate after S$2,000 spend (1.5% if below), capped at S$70/month. If you’re an entertainment lover and looking for your first credit card, this is the ideal card for you! RM168 primary card ; RM30 supplementary card; Sales and Service Tax RM25 on each principal and supplementary card upon activation and anniversary date Minimum Monthly Payment RM50 or 5% of outstanding amount, whichever is higher Late Payment Fee RM10 or 1% of outstanding amount, up to a maximum of RM100 It’s the ideal debit card to purchase if you’re only planning to use it for shopping and dining transactions. When you pump petrol at any petrol stations during the weekends, you will be entitled to 5% cashback. Most (but not all!) There are two fees to keep in mind whenever you want to use this card overseas. Annual Fee: S$192.60 Stand-Out: Highest flat rebate on the market, earn up to $300/quarter Promotion: Get S$150 cash credit when you apply and spend at least S$1,500 within 30 days of card … UOB One Debit Card: Annual Fee: S$0 annual fee for the first 3 years and with 12 Visa/Mastercard transactions per year - S$18 thereafter: Card type: Mastercard: Rewards: Up to 3% rebate at Dairy Farm Singapore 1% rebate on Grab transactions Up to 2.5% p.a. There is a flat 2.8% transaction fee on every purchase that you make in non-Singapore dollars. The S$500 should be made on their UOB One Card or selected UOB cards. Back to Borrow Personal #2 Credit cards with automatic fee waivers. RM8.00 • UOB ATM cash withdrawal / over-the-counter transactions: Free: Option 3: For Senior Citizens with no annual fee on Debit card. Option 2: Annual Fee on Debit card • Debit card annual fee . Annual fees. Annual Fee: Eligibility: UOB Reserve Diamond Card. Overseas spend with the UOB One Card. Simply think of the numerous monthly bills and purchases. More Info. If you spend on petrol (any stations) and entertainment (GSC), you may earn up to 5% cashback every month and for other retail transactions like groceries, insurance/health, utilities then you may earn 2% cashback every month. If you have a Phone Banking PIN, please press *1 followed by your Phone Banking Access Code. RM8.00 • UOB ATM cash withdrawal / over-the-counter transactions: Free: Option 3: For Senior Citizens with no annual fee on Debit card. UOB One Card has a S$192.6 annual fee, waived just the 1st year. Both charge an annual fee of S$192.6, waived the 1st year. interest rates - 15% p.a. (Image credit: Avery Evans on Unsplash) Disclaimer: I am PISSED OFF at UOB right now, so take this with as many grains of salt as you will.