UOB One credit card 3.3% rebate!

The UOB One credit card is a card I use every month but it is never in my wallet. In fact, it has been in the drawer since day 1. But this card has earned me consistent 3.3% cash rebates for the longest time.

How do I do it?

Let's look at some benefits of the UOB One card

Image credit: UOB Singapore

1) Earn up to 3.33% cash rebates

•  Spend at least S$300 / S$800 / S$1500 every statement period and get S$30 / S$80 / S$150 cash rebates to offset your bills every quarter
• Min 3 transactions per statement period is required
• Instalment plans are included as a transaction as well as qualifying amount

Min Requirement		Purchases made with UOB One Card			Rebate Earned
Statement date		15 Aug	15 Sept	15 Oct	15 Nov
Total minimum monthly spend tiers	i	S$300	S$300	S$300	S$30
	ii.	S$800	S$800	S$800	S$80
	iii.	S$1,500	S$1,500	S$1,500	S$150
Minimum number of purchases per statement period.		3	3	3

2) Up to 10% SMART$ rebates 

•  Get up to an additional 10% instant SMART$ rebate at over 600 participating merchants

3) 2% cash rebates overseas 

• Additional 2% rebate applies to all transactions made overseas (excluding "not card-present" transactions example online transactions, mail/phone order), 
• Capped at S$5,000 overseas spend per calendar year, awarded to you every month to offset your monthly credit card bills

Basically, I charged my telco bills, monthly insurance payment, S&CC fees to the UOB One card and make sure that the recurring charges hit one of the S$300 / S$800 / S$1500 min spending every statement period, and I just leave the card in the drawer. Hassle-free and I do not have to keep track of whether I will get the 3.33% cash rebate of not.

For Instance:
S&CC: S$59.00
Telco: S$120.00
Insurance: S$130.00
Total: S$309.00 (and it's 3 transactions)

So every 3 statement periods, I get S$30.00 cash rebate out of S$927.00 which is 3.23%.

Amazing, isn't it?

How do I know which are my qualifying quarters?

Qualifying quarters are stated in your monthly statement

I received emails telling me that their statements do not have the qualifying quarters stated on it and I was a little puzzled. Because I have been seeing it for quite some time already. Nevertheless, I monitored my next statement and the qualifying quarters line is still there. And this month, the statement included the amount of SMART$ I have in one of my cards! That's very good information as I do not know how much SMART$ I have in my card actually!

UOB statement now tells you how much SMART$ you have!

Tags: UOB One, credit card, recurring bills, 3.3%, cash rebate, telco, insurance, S&CC, bills