If you’re looking for a credit card that offers great rewards and cashback, the UOB One Account Credit Card in Singapore might be just what you need. This card offers a range of benefits, including up to 15% cashback on daily spend, fuel savings of up to 22.66% at Shell and SPC, and up to 7.8% p.a. interest on savings with the UOB One Account. With so many rewards on offer, it’s no wonder that this card is so popular with Singaporeans.
To be eligible for the UOB One Account Credit Card, you must be a Singapore citizen or permanent resident aged 21 or over. You’ll also need to meet certain income requirements, which vary depending on whether you’re a salaried employee or self-employed. Once you’ve checked your eligibility, you can apply for the card online or in person at a UOB branch.
Once you have your UOB One Account Credit Card, you can start earning rewards and cashback right away. Simply use your card for your daily expenses, such as dining, shopping, and transport, and watch your cashback accumulate. You can also link your card to your UOB One Account to earn even more interest on your savings. With so many benefits on offer, the UOB One Account Credit Card is a great choice for anyone looking to maximise their rewards and savings.
Key Takeaways
- The UOB One Account Credit Card offers up to 15% cashback on daily spend, fuel savings of up to 22.66% at Shell and SPC, and up to 7.8% p.a. interest on savings with the UOB One Account.
- To be eligible for the card, you must be a Singapore citizen or permanent resident aged 21 or over and meet certain income requirements.
- Once you have the card, you can start earning rewards and cashback by using it for your daily expenses, and linking it to your UOB One Account to earn even more interest on your savings.
UOB One Account Overview
If you’re looking for a savings account that offers higher interest rates, the UOB One Account is a great option. This account is offered by UOB, a bank that has been serving customers in Singapore for many years.
Understanding the UOB One Account
The UOB One Account is a savings account that offers tiered interest rates. This means that the more you save, the higher the interest rate you’ll earn. To earn the highest interest rate, you’ll need to maintain a balance of at least $75,000.
In addition to earning higher interest rates, the UOB One Account also offers cashback rewards when you use your UOB One Credit Card. The more you spend on your credit card, the more cashback you’ll earn.
Benefits of the UOB One Account
The UOB One Account offers several benefits to customers in Singapore. Here are some of the key benefits:
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Higher interest rates: With the UOB One Account, you can earn up to 1.5% p.a. interest on your savings. This is higher than the interest rates offered by many other savings accounts in Singapore.
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Cashback rewards: When you use your UOB One Credit Card, you can earn up to 5% cashback on your spending. This cashback is automatically credited to your UOB One Account, so you can save even more.
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Easy to manage: The UOB One Account is easy to manage with UOB’s online banking platform. You can view your account balance, transfer funds, and pay bills all from one convenient location.
Overall, the UOB One Account is a great option for customers in Singapore who are looking for a savings account that offers higher interest rates and cashback rewards. With UOB’s reputation as a trusted bank, you can be confident that your money is safe and secure.
Eligibility and Application
If you are looking for a credit card that offers high-interest rates on your savings, UOB One Account Credit Card is the perfect choice for you. Here is everything you need to know about the eligibility and application process for this card.
Who Can Apply
To apply for the UOB One Account Credit Card, you must be a Singaporean or a Permanent Resident. Foreigners who have a valid employment pass and earn at least $30,000 per annum are also eligible to apply. Additionally, you must be at least 21 years old to apply for this card.
Application Process
To apply for the UOB One Account Credit Card, you can visit the UOB website and fill out the online application form. Alternatively, you can visit any UOB branch and apply in person. You will need to provide your personal details, such as your name, address, and contact information, along with your employment status and income details.
Required Documents
To complete your application, you will need to provide certain documents, such as your NRIC or passport, your latest income tax notice of assessment, and your latest payslip. If you are a foreigner, you will also need to provide your employment pass and a copy of your passport.
Once you have submitted your application, UOB will process your application and notify you of the outcome. If your application is successful, you will receive your UOB One Account Credit Card within 7-10 working days.
Applying for the UOB One Account Credit Card is a simple and straightforward process. With high-interest rates and a range of benefits, this credit card is an excellent choice for anyone looking to maximise their savings.
Earning Rewards and Cashback
As a UOB One Credit cardholder, you can earn cash rebates on your everyday purchases and transactions. Here’s what you need to know to maximise your rewards.
Maximising Cash Rebates
To earn the highest cash rebates, you need to meet the minimum spending requirements each quarter. These requirements are as follows:
| Minimum Monthly Spend | Cash Rebate |
|---|---|
| $500 | 3.33% |
| $1,000 | 5.00% |
| $2,000 | 5.00% |
If you spend at least $500 per month, you’ll earn a 3.33% cash rebate on all your transactions. If you spend at least $1,000 per month, you’ll earn a 5.00% cash rebate. And if you spend at least $2,000 per month, you’ll earn a 5.00% cash rebate and an additional 5.00% SMART$ rebate.
To maximise your cash rebates, consider using your UOB One Credit Card for your monthly bills, such as your utilities bill from Singapore Power. You can earn up to 4.33% cashback on your utilities bill each month.
Additionally, you can earn up to 10% cashback on your groceries when you shop at DFI Retail Group merchants, such as Cold Storage, Giant, and Guardian. You can also earn up to 10% cashback on your online shopping at Shopee Singapore.
Understanding the Rewards Programme
In addition to cash rebates, you can also earn rewards points with your UOB One Credit Card. You can redeem these points for a variety of rewards, including shopping vouchers, air miles, and more.
To earn rewards points, simply use your UOB One Credit Card for your everyday purchases. You’ll earn 1 rewards point for every $5 spent on your card. You can redeem your points for rewards through the UOB Rewards Programme.
Finally, UOB One Credit Cardholders can enjoy fuel savings of up to 22.66% at Shell and SPC. This can add up to significant savings over time, especially if you’re a frequent driver.
Managing Your Account
Managing your UOB One Account credit card is easy and convenient with the bank’s online and mobile banking services. Here are some tips to help you manage your account effectively.
Online and Mobile Banking
UOB offers a range of online and mobile banking services that allow you to manage your account from anywhere, at any time. You can access your account details, view your transaction history, and make payments using UOB’s Personal Internet Banking or the UOB TMRW app.
The UOB TMRW app is a mobile banking app that is specifically designed for millennials. It offers a range of features that make managing your account easy and convenient. You can check your account balance, view your transaction history, and make payments using the app. You can also set up notifications to keep track of your spending and receive alerts when your statement date is approaching.
Keeping Track of Transactions
It’s important to keep track of your transactions to ensure that you are not overspending and to avoid any fraudulent activity on your account. You can view your transaction history online or on the UOB TMRW app. You can also set up alerts to notify you when a transaction is made on your account.
Understanding Fees and Charges
It’s important to understand the fees and charges associated with your UOB One Account credit card. You can view the fees and charges on UOB’s website or on your monthly statement. Some of the fees and charges include annual fees, late payment fees, and interest charges. It’s important to pay your bills on time to avoid any late payment fees and to avoid accumulating interest charges.
In conclusion, managing your UOB One Account credit card is easy and convenient with UOB’s online and mobile banking services. You can keep track of your transactions, understand the fees and charges associated with your account, and make payments using the UOB TMRW app or Personal Internet Banking.
Additional Benefits and Services
As a UOB One Account Credit Card holder in Singapore, you get to enjoy a wide range of benefits and services that come with your card. These benefits and services include insurance and protection, exclusive merchant offers, and global accessibility.
Insurance and Protection
With your UOB One Account Credit Card, you get to enjoy complimentary travel insurance coverage of up to $500,000 when you charge your travel tickets to your card. This insurance coverage includes medical expenses, trip cancellation, and loss of personal belongings, among others.
Additionally, you can also enjoy purchase protection insurance, which covers your purchases against loss, theft, or damage for up to 90 days from the date of purchase.
Exclusive Merchant Offers
As a UOB One Account Credit Card holder, you can enjoy exclusive offers and discounts from participating merchants. For example, you can enjoy up to 15% cashback on daily spend, fuel savings of up to 22.66% at Shell and SPC, and up to 10% cashback on McDonald’s (including McDelivery®).
Other participating merchants include Cathay Cineplexes, where you can enjoy up to 10% off movie tickets, and participating merchants under the ShopUOB program, where you can enjoy discounts and rewards when you shop.
Global Accessibility
Your UOB One Account Credit Card is widely accepted both locally and internationally. You can use your card to make purchases and withdraw cash at over 22 million Visa and Mastercard merchants worldwide.
Moreover, your UOB One Account Credit Card is also compatible with SimplyGo, Singapore’s contactless fare payment system for public transport. This means that you can use your card to pay for your bus and train rides without the need for an additional travel card.
If you are a frequent traveller, you can also apply for the UOB EVOL Card, which offers you exclusive travel privileges and benefits such as complimentary airport lounge access, travel insurance coverage, and global Wi-Fi services.
In conclusion, as a UOB One Account Credit Card holder in Singapore, you get to enjoy a wide range of benefits and services that cater to your lifestyle and needs. From insurance and protection to exclusive merchant offers and global accessibility, your UOB One Account Credit Card has got you covered.
Frequently Asked Questions
What are the requirements to apply for a UOB One Account credit card?
To apply for a UOB One Account credit card, you must be at least 21 years old and have a minimum annual income of $30,000. You will also need to provide proof of identification, proof of income, and other relevant documents, as specified by UOB.
How can I maximise the benefits of my UOB One Account credit card?
To maximise the benefits of your UOB One Account credit card, you should link it to your UOB One Account. By doing so, you can earn up to 7.8% p.a. interest on your savings and enjoy cash rebates on your credit card spend. You can also earn higher interest rates by fulfilling certain spending and/or salary credit criteria. Be sure to read the terms and conditions carefully to fully understand the benefits and how to maximise them.
What is the minimum salary needed to be eligible for a UOB credit card?
To be eligible for a UOB credit card, you must have a minimum annual income of $30,000. However, the income requirement may vary depending on the type of credit card you are applying for. Be sure to check the specific income requirement for the card you are interested in.
Is it possible to link multiple credit cards to a single UOB One Account?
Yes, you can link up to 3 UOB credit cards to a single UOB One Account. This allows you to earn higher interest rates on your savings and enjoy cash rebates on all your credit card spend, while keeping track of your finances conveniently in one place.
What are the key differences between the UOB Stash and UOB One accounts?
The UOB Stash Account is a savings account that offers tiered interest rates based on your account balance, while the UOB One Account is a savings account that offers higher interest rates when you fulfill certain spending and/or salary credit criteria. The UOB One Account is also linked to the UOB One credit card, which offers cash rebates on your spending. Be sure to compare the features and benefits of both accounts to determine which one is best for you.
How do I go about linking my UOB credit card to my One Account?
To link your UOB credit card to your UOB One Account, simply log in to your UOB internet banking account and follow the instructions to link your accounts. Alternatively, you can visit a UOB branch and speak to a customer service representative for assistance. Be sure to read the terms and conditions carefully to fully understand the process.