UOB One Card
UOB One Card
UPSIZED CASHBACK | Up to 20% Cashback!
Consistent high spenders (min $2,000 a month) can get the maximum $200 cash rebate on everything. Cashback is not limited to any categories, but you need to spend at least $500 every month in the quarter to get the rebate.
- First Year
- Annual Fee Waiver
- S$196.20
- Annual Fee
- 27.80%
- Annual Interest Rate
Online Promo
New-to-UOB credit card customers can receive an AirPods Pro and AirTag (2 units) worth S$439 when you spend a min. of S$1,000 on the card in the first 30 days from the card’s approval date and pay the annual fee for the card’s 1st year membership. SMS registration to participate in this promotion required. T&Cs apply.
OR get S$350 Cash Credit when you are the first 200 new-to-UOB customers to apply and spend a min. of S$1,000 per month for 2 consecutive months from their card approval date. SMS registration required.
• Enjoy up to 20% Cashback at DFI Retail Group, Grab, McDonald's, Shopee and SimplyGo when you apply from 1 Sept to 31 Dec 2024. Other T&Cs apply.
• Get S$50 worth of GrabRide vouchers when you are the first 2,000 customers to charge a min. of S$1,500 worth of insurance/ school transactions on your card. T&Cs apply.
Are you eligible?
- Only open to individuals who are new to United Overseas Bank Limited (“UOB”) credit cards
- AirPods Pro & AirTag Promotion: Register by sending an SMS: CCAF<space>last 4 characters of your NRIC/Passport to 77862
- S$350 Cash Credit Promotion: Register by sending an SMS: CCA<space>last 4 characters of your NRIC/Passport to 77862
What you need to know
- To be eligible for the AirPods Pro & AirTags Promotion:
- - spend a min. of S$1,000 on the card in the first 30 days from the card’s approval date
- - pay the annual fee for the card’s 1st year membership.
- To be eligible for the S$350 Cash Credit Promotion:
- - spend a min. of S$1,000 per month for 2 consecutive months from their card approval date
All Details
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UOB One Credit Card Benefits 2024
The UOB One card offers the highest cashback in its range of cashback credit cards, and is known to be ideal for consistent high spenders who spend at least $2,000 a month.
Some notable highlights include up to 10% or 20% cashback on expenditures made on a wide variety of categories including dining at fast food chains like McDonald’s, shopping at retailers like Shopee, supermarket chains like Cold Storage, Giant, convenience stores, Grab transport, GrabFood, SimplyGo, and more.
In this review, we’ll take a look at the requirements, pros and cons and other relevant details of the UOB One card while you are in the midst of considering this card or other similar cashback credit cards.
Some notable highlights include up to 10% or 20% cashback on expenditures made on a wide variety of categories including dining at fast food chains like McDonald’s, shopping at retailers like Shopee, supermarket chains like Cold Storage, Giant, convenience stores, Grab transport, GrabFood, SimplyGo, and more.
In this review, we’ll take a look at the requirements, pros and cons and other relevant details of the UOB One card while you are in the midst of considering this card or other similar cashback credit cards.
Pros & Cons Of UOB One Credit Card
Pros
- Up to 10% or 20% cashback on online food delivery, groceries, fast food, online shopping, transport, utilities, petrol and travel
- First year waiver of annual fee available
- Get rewarded with UNI$ points and redeem your UNI$ on UOB TMRW to offset bills and purchases
- Exclusive access to over 13,000 deals on dining, shopping, travel and more, weekly UOB Coupons, dining inspirations within UOB Rewards+
- UOB Complimentary Travel Insurance covers the Cardmember’s spouse and dependent children (if applicable)
Cons
- Interest rate of 27.80%, which is higher than other cashback credit cards in the market
- Cashback cap of $500 per quarter
- Minimum spend of $500 per month to qualify for the 10% cashback
Compare UOB One Card vs. CIMB World Mastercard vs. HSBC Visa Platinum Card
The UOB One card offers the highest cashback for and provides more versatility with its up to 10% or 20% cashback on a wider range of spending categories than CIMB World Mastercard and HSBC Visa Platinum card, but requires a minimum monthly spend.
Although CIMB World Mastercard offers the lowest - 2% cashback on wine, dining, online food delivery, movies, digital entertainment, taxi, automobile, and luxury goods, it does not change any annual fees, and comes with complimentary travel insurance.
When it comes to the rewards benefits, the UOB One card is more suitable for big spenders who look forward to using reward points earned to offset bills and purchases, while the HSBC Visa Platinum card provides the flexibility of earning both cashback and air miles (through accumulation of 1 x HSBC Reward point for every dollar spent), which is ideal for cardholders who like to travel often and use air miles.
In a nutshell, the UOB One card may be suitable for you and your family if the minimum spend of $500 every month is manageable for you, and if you spend a substantial amount on fuel, online shopping, groceries and travel every month.
When it comes to the rewards benefits, the UOB One card is more suitable for big spenders who look forward to using reward points earned to offset bills and purchases, while the HSBC Visa Platinum card provides the flexibility of earning both cashback and air miles (through accumulation of 1 x HSBC Reward point for every dollar spent), which is ideal for cardholders who like to travel often and use air miles.
In a nutshell, the UOB One card may be suitable for you and your family if the minimum spend of $500 every month is manageable for you, and if you spend a substantial amount on fuel, online shopping, groceries and travel every month.
| UOB One Card | CIMB World Mastercard | HSBC Visa Platinum Card |
|---|---|---|
| Interest rate: From 27.80% | Interest rate: From 27.80% | Interest rate: From 26.90% |
| Annual fee: $196.20 (waiver available) | Annual fee: None | Annual fee: $196.20 (waiver available) |
| Minimum annual income: $30,000 for Singaporeans and PRs $40,000 for foreigners | Minimum annual income: $30,000 for Singaporeans and PRs (this card is not available to foreigners) | Minimum annual income: $30,000-$40,000 for Singaporeans and PRs $40,000 for foreigners |
Cashback benefits:
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Find Out More About The UOB One Card In Our Blog Review!
UOB One Card Application
Here are 3 simple steps to apply for the UOB One Card
Step 1
Apply via MoneySmart’s credit cards page
You may begin your application by clicking on our UOB One card application link.
When you choose to apply online via SingPass MyInfo, UOB will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.
Step 2
Provide all documentation required
You’ll need to provide all the necessary documentation in order for UOB to approve your credit card application. This list of documents include:
- NRIC or other identification details
- Latest computerised payslip
- Latest 12 months’ CPF Contribution History Statement
- Latest Income Tax Notice of Assessment (NOA)
Step 3
Receive your UOB One Card
You’ll be able to activate your UOB One card through UOB TMRW mobile app, and enter a One-Time Password (OTP) after keying in your 6-digit Online Banking PIN to secure all your credit card transactions. Thereafter, it’s ready for you to use on any of your purchases and you can track your cashback rewards and credit card statements with your UOB TMRW mobile app!
Frequently Asked Questions About UOB One Credit Card
Are there any fees if I apply for the UOB One card?
- The UOB One card charges an annual fee of $196.20 (first year waiver available) and other fees like late payment fee, minimum monthly payment, foreign currency transaction fee, cash advance transaction fee, overlimit fee.
Am I eligible for the UOB One card?
- If you’re a Singapore Citizen, Permanent Resident (PR), you’re eligible to apply for the UOB One card, as long as you’re aged between 21 and above, and earn a minimum annual income of $30,000 (for Singaporeans and PRs) or $40,000 (for foreigners).