UOB One Credit Card Review

Benefits of using a UOB One Card

• Sign-up offer. Receive S$150 cash credit (for first 100 successful UOB personal credit card applications) when you apply for a new credit card and spend at least S$1,500 within 30 days from card approval date. T&C apply. Ends 31 July 2021.
• Fuel savings. Take advantage of up to 24% off at SPC and up to 21.15% off at Shell when you need to fill up.
• Rebates. Get up to 10% cashback on Grab, Shopee, etc. Earn up to 6% for your Singapore Power bill. Get 5% cashback on all retail spend. Additional rebates apply if you qualify for your quarterly cash rebate.
• Quarterly cash rebate. Make at least 5 purchases a month with a minimum spend of S$500, S$1,000 or $2,000 on any purchases and receive a quarterly cash rebate.
• SMART$ rebate. Offset your next purchase at one of the hundreds of participating merchants with up to 10% SMART$ rebate. Enjoy exclusive rebates at partner shops like Breadtalk, Cold Storage and Guardian.
• Bonus interest. If you have a UOB One Account, you may enjoy up to 2.50% p.a. deposit interest rate when you use your UOB One Credit Card.

• UOB One Card Promotions

  Agoda

  Get additional 7% off accommodation bookings worldwide. T&Cs apply. Booking period ends 31 Dec 2021 and stay period till 30 June 2022.

  Zalora

  Get 15% off sitewide with minimum spend of S$80 using Promo code: UOBZAL21. T&Cs apply. Ends 31 Jan 2022.

  Deliveroo

  New customers will receive S$4 off on first 3 orders (minimum spend of S$20 per order). Promo code: UOBNEW21. T&Cs apply. Ends 31 Dec 2021.

  Shopee

  New customers:
  Get S$8 off with minimum S$16 spend. Promo code: UOBNEW8
  
  Existing customers:
  Get S$4 off with minimum S$40 spend. Promo code: UOB4OFF
  
  T&Cs apply. Ends 31 Dec 2021.

Features of the UOB One Card

• Annual fee. A yearly fee of S$192.60 applies for the principal card. Subsequent cards incur a fee of S$96.30 however the first card is free.
• Rebate calculator. Use the rebate calculator on the UOB website to keep track of your quarterly cash rebate and total cash rebate for the year.
• No need for multiple cards. Thanks to SimplyGo, you can use your UOB One Credit Card to pay for your public transport rides.
• Travel insurance. Your UOB One Credit Card provides you with up to S$50,000 for emergency medical assistance, evacuation and repatriation plus S$500,000 public conveyance personal accident coverage.
• Access to The Travel Insider. Get inspired for your next holiday, then plan and book it all in one place.
• Mobile payments. Use your mobile phone to tap and pay by adding your UOB One Credit Card to Google Pay, Apple Pay and more.

Additional considerations

In spite of the features above and their benefits, the UOB One Card does have a few shortcomings worth noting.

• No fee waiver beyond the first year
• Fewer cashback opportunities for low monthly spenders
• Cash rebates expire after 2 years
• Monthly cap on rebate applies

How do UOB rewards and rebates work?

With a UOB One Card, you’ll receive cash rebates shortly after the end of each quarter. These cash rebates expire in 2 years, and are non-refundable should you choose to close your UOB account.

How to apply for a UOB One Card

If the UOB One Card sounds like the card for you, you can start your application by clicking on the green ‘Go to site’ button at the top of this page. Existing UOB account holders can apply through internet banking, with instant approval for applications submitted between 7 am and 8 pm. Principal credit card customers can also start an application by sending an SMS.

Before applying, you should make sure that you meet the eligibility criteria and have the correct required documents ready to go.

Eligibility criteria

• At least 21 years old
• Annual income of at least S$30,000 for Singapore citizens and permanent residents or S$80,000 for foreigners; or
• At least S$10,000 fixed deposit collateral

Required documents

• For Singaporeans or PR

  If you do not have a UOB bank account but are a SingPass holder, you can submit an application using personal information retrieved from MyInfo. Otherwise, you will need to submit the following:

  • Photocopy of your NRIC (front and back)
  • 3 months’ computerised payslip; or
  • Latest 12 months’ CPF statement; or
  • Latest income tax notice of assessment

• For self-employed

  • Photocopy of your NRIC (front and back)
  • 2 years’ income tax notice of assessment

• For foreigners

  • Photocopy of your passport (with at least 6 months validity)
  • Employment pass (with at least 6 months validity)
  • 3 months’ computerised payslip; or
  • Latest 12 months’ CPF statement; or
  • Latest income tax notice of assessment
  • A bill to show proof of address such as telephone or utilities bill

If you like the idea of being able to get rebates for being a savvy spender, the UOB One Credit Card may be the card that you are looking for. Not only can you get money back each quarter, but you can take advantage of fuel savings, travel insurance and bonus interest on your UOB One Account. Before you apply, compare this card with other cashback and rebate credit cards on offer to ensure this is the right one to suit your shopping and saving needs.