If you’re a foreigner living in Singapore, you may be wondering whether you’re eligible to apply for a UOB credit card. The good news is that UOB does offer credit cards for foreigners, with specific eligibility requirements that you’ll need to meet. In this article, we’ll explore the UOB credit card eligibility criteria for foreigners, how to apply for a UOB credit card online, and the various types of UOB credit cards available.
To apply for a UOB credit card as a foreigner, you’ll need to meet specific criteria, including a minimum annual income and a valid work permit or employment pass. Additionally, UOB may require you to provide documentation such as proof of income, proof of employment, and proof of identity. However, if you meet the eligibility requirements, applying for a UOB credit card can be a straightforward process that can be done online.
UOB offers a range of credit cards with various benefits and rewards, including cashback, air miles, and exclusive privileges. Understanding the fees and charges associated with each card is essential, as well as the eligibility criteria and rewards that come with each card. With that said, let’s dive into the details of UOB credit card eligibility for foreigners in Singapore.
Key Takeaways
- UOB credit cards are available to foreigners in Singapore who meet specific eligibility criteria, including a minimum annual income and valid work permit or employment pass.
- Applying for a UOB credit card can be done online, but UOB may require documentation such as proof of income, employment, and identity.
- UOB offers a range of credit cards with benefits and rewards such as cashback, air miles, and exclusive privileges. Understanding the fees and charges associated with each card is essential.
UOB Credit Card Eligibility for Foreigners
If you are a foreigner in Singapore and looking to apply for a UOB Credit Card, you’ll be pleased to know that it’s possible. However, there are certain eligibility criteria that you need to meet to be eligible for a UOB Credit Card.
First and foremost, you need to have a minimum annual income of $40,000 or a Fixed Deposit Collateral of at least $10,000 to be eligible for a UOB Credit Card. Additionally, you need to have a valid passport and a valid work permit or employment pass.
To apply for a UOB Credit Card, you need to provide certain documents such as your passport, work permit or employment pass, and proof of your income. You can also apply for a UOB Credit Card using your SingPass or MyInfo account.
It’s important to note that UOB Credit Cards are subject to eligibility, and meeting the eligibility criteria does not guarantee approval. The approval of your UOB Credit Card application is subject to UOB’s credit assessment.
In summary, if you are a foreigner in Singapore with a minimum annual income of $40,000 or a Fixed Deposit Collateral of at least $10,000, and have the necessary documents such as a valid passport and work permit or employment pass, you are eligible to apply for a UOB Credit Card.
Applying for a UOB Credit Card Online
If you are a foreigner in Singapore and looking to apply for a UOB credit card, you can do so easily online. Here’s what you need to know about the online application process and required documents submission.
Online Application Process
To apply for a UOB credit card online, you need to visit the UOB website and fill out the online application form. The form will require you to provide personal and financial information, including your name, contact details, income, and employment status. You will also need to select the credit card that you wish to apply for and agree to the terms and conditions.
Once you have submitted your application, UOB will review your application and notify you of the status of your application. If your application is successful, you will receive an approval email with your credit card details. You can then log in to your UOB Personal Internet Banking account to activate your credit card.
Required Documents Submission
When applying for a UOB credit card online, you will need to submit certain documents to support your application. These documents include:
- A copy of your passport
- A copy of your employment pass or work permit
- A copy of your latest payslip or income tax statement
- A copy of your bank statement or utility bill as proof of address
Make sure that you have these documents ready before you start the online application process. You will need to upload the documents when prompted during the application process.
In conclusion, applying for a UOB credit card online is a straightforward process for foreigners in Singapore. By following the steps outlined above and submitting the required documents, you can increase your chances of a successful application.
Exploring UOB Credit Card Varieties
If you are a foreigner in Singapore, you may be wondering which UOB credit card you are eligible for. UOB offers a range of credit cards tailored to suit different needs. Here are some of the UOB credit cards you can consider.
UOB Absolute Cashback Card
The UOB Absolute Cashback Card is a great option for those who want to earn cashback on their spending. With this card, you can enjoy up to 1.7% cashback on all your spending. There is no minimum spend required, and you can earn unlimited cashback. This card is perfect for those who want to earn cashback on their daily expenses, such as groceries and dining.
UOB Evol Card
The UOB Evol Card is a unique credit card that allows you to customize your rewards. With this card, you can choose from three different reward categories: dining, online shopping, or travel. You can earn up to 8% cashback on your chosen category and up to 3% cashback on all other spending. This card is perfect for those who want to earn rewards on their preferred spending categories.
KrisFlyer UOB Credit Card
The KrisFlyer UOB Credit Card is a great option for those who love to travel. With this card, you can earn KrisFlyer miles on all your spending, which you can use to redeem flights and other travel rewards. You can earn up to 3 KrisFlyer miles per $1 spent on Singapore Airlines, SilkAir, and KrisShop, and up to 1.2 KrisFlyer miles per $1 spent on all other spending.
UOB PRVI Miles American Express Card
The UOB PRVI Miles American Express Card is another great option for those who love to travel. With this card, you can earn miles on all your spending, which you can use to redeem flights and other travel rewards. You can earn up to 1.4 miles per $1 spent locally and up to 2.4 miles per $1 spent overseas. This card also comes with travel insurance coverage, making it a great choice for frequent travellers.
UOB Lady’s Solitaire Card
The UOB Lady’s Solitaire Card is a credit card designed exclusively for women. With this card, you can enjoy a range of benefits, including up to 10X UNI$ on shopping, dining, and beauty spending. You can also enjoy exclusive discounts and privileges at selected merchants. This card is perfect for women who love to shop and dine out.
UOB credit cards come with a range of benefits, including cashback, rewards, and promotions. Whether you are looking to earn cashback on your daily expenses or miles for your next holiday, there is a UOB credit card that can meet your needs.
Understanding Fees and Charges
When applying for a UOB credit card as a foreigner in Singapore, it is important to understand the fees and charges associated with the card. This section will provide you with an overview of the most common fees and charges that may apply to your UOB credit card.
Annual Fees
All UOB credit cards come with an annual fee, which is charged every year on the anniversary of the card’s activation. The annual fee varies depending on the type of card you have, and can range from $192.60 to $642.00 per year. However, some cards may offer a waiver of the annual fee for the first year or for subsequent years if you meet certain spending requirements.
Foreign Transaction Fees
If you use your UOB credit card to make purchases in a foreign currency, you will be charged a foreign transaction fee. This fee is currently 3.1% of the transaction amount but will be increased to 3.25% from 9 March 2020. Additionally, foreign currency transactions are subject to a foreign currency administrative fee levied on the Singapore dollars amount converted. Please refer to Appendix 1: Fees and Charges Guide of the UOB Cardmembers Agreement for details of our fees and charges.
Other Charges
Aside from the annual fee and foreign transaction fees, there are other charges that may apply to your UOB credit card. These charges include late payment fees, over-limit fees, and cash advance fees. Late payment fees are charged when you do not make your minimum payment by the due date, while over-limit fees are charged when you exceed your credit limit. Cash advance fees are charged when you withdraw cash using your credit card.
It is important to read the terms and conditions of your UOB credit card carefully to understand all fees and charges that may apply to your card. Additionally, please note that all fees and charges are subject to GST.
Exclusive Benefits and Rewards
As a foreigner in Singapore, you can enjoy exclusive benefits and rewards when you apply for a UOB credit card. Here are some of the benefits you can expect to receive:
Cashback and Rewards Points
With UOB credit cards, you can earn cashback and rewards points on your purchases. For example, the UOB Absolute Cashback Card offers up to 1.7% cashback on all your spend, with no minimum spend required. Meanwhile, the UOB Lady’s Card gives you 15X UNI$ for every $5 spent on your preferred rewards category, and UNI$1 per $5 spent on other purchases. You can redeem your UNI$ for rewards and cash rebates across the widest selection of dine, shop and travel merchants.
Travel Perks
If you’re a frequent traveller, you’ll love the travel perks that come with UOB credit cards. For example, the KrisFlyer UOB Credit Card gives you up to 3 KrisFlyer miles per $1 spend on dining, food delivery, online shopping and travel, and transport spend, and 1.2 KrisFlyer miles per $1 spend on all other spend. You can also enjoy airport transfers and airport lounge access, as well as bonus miles when you sign up for the card.
Lifestyle Advantages
UOB credit cards also offer a range of lifestyle advantages that can help you live a more luxurious lifestyle. For example, the UOB Visa Signature Card gives you access to exclusive dining and shopping privileges, as well as online purchases and contactless payments. You can also enjoy discounts and special offers at top hotels, restaurants, and attractions around the world.
Overall, UOB credit cards offer a range of benefits and rewards that can help you save money, earn rewards, and live a more luxurious lifestyle. Whether you’re a frequent traveller, a foodie, or a shopaholic, there’s a UOB credit card that’s perfect for you.
Frequently Asked Questions
What are the income requirements for foreigners to apply for a UOB credit card in Singapore?
To apply for a UOB credit card in Singapore, foreigners must meet the minimum income requirement of $40,000 per annum. However, if you are unable to meet this requirement, you may still be eligible for a UOB credit card by providing a fixed deposit collateral of at least $10,000.
How can a non-resident apply for a UOB credit card in Singapore?
Non-residents can apply for a UOB credit card in Singapore by visiting the UOB website and submitting an online application. Alternatively, you can also visit a UOB branch in person to apply for a credit card.
What documents must foreigners provide for a UOB credit card application in Singapore?
Foreigners must provide several documents when applying for a UOB credit card in Singapore. These include a valid passport, proof of income (such as a salary statement or employment letter), and proof of residence (such as a utility bill or tenancy agreement).
Is there a specific UOB credit card that is best suited for expatriates in Singapore?
The UOB PRVI Miles Credit Card is a popular choice for expatriates in Singapore as it offers generous rewards for travel-related expenses. However, it is important to compare the benefits and features of different UOB credit cards to find one that best suits your needs.
What should I do if my UOB credit card application in Singapore has been pending for a while?
If your UOB credit card application in Singapore has been pending for a while, you can contact UOB customer service to check on the status of your application. You may also be asked to provide additional documents or information to complete the application process.
How can I contact UOB regarding credit card eligibility and application queries as a foreigner in Singapore?
You can contact UOB customer service by phone or email to ask any questions about credit card eligibility or the application process as a foreigner in Singapore. The UOB website also provides a comprehensive FAQ section that may answer many of your questions.