Are you a UOB Preferred Platinum Cardholder? If not, you’re missing out on many premium privileges you can enjoy.
This credit card is designed to reward your lifestyle and spending habits, making it one of the top choices for Singaporeans. In this article, we’ll give you an overview of what you can expect from this card, including its earning and spending categories, exclusive privileges, and fees.
The UOB Preferred Platinum Card is a rewards card that lets you earn rewards points as you spend. You can then exchange the rewards points for gifts, vouchers, air miles, or cashback.
The card offers one of the highest earning rates in Singapore, with 4 miles per dollar for online spending (excluding travel) and offline contactless payment. You can earn up to UNI$10 per S$5 spent on mobile contactless, online shopping, and entertainment.
Aside from earning rewards, this card offers a range of exclusive and premium privileges. These include discounts on dining, shopping, travel, and entertainment, as well as access to airport lounges, golf clubs, and other lifestyle perks. Whether you’re a foodie, a shopaholic, or a jet-setter, this card has something for you.
Key Takeaways
- The UOB Preferred Platinum Card is a rewards card that lets you earn rewards points as you spend, with one of the highest earning rates in Singapore.
- The card offers a range of exclusive privileges and premium offers, including discounts on dining, shopping, travel, and entertainment and access to airport lounges, golf clubs, and other lifestyle perks.
- Before applying for this card, make sure you understand its earning and spending categories, fees and charges, and terms and conditions.
UOB Preferred Platinum Card Overview
If you’re looking for a credit card that offers premium privileges and rewards, then this card might be just what you need. Here’s a quick overview of what this card has to offer.
Eligibility and Application Process
To be eligible for this card, you must be at least 21 years old and have a minimum income of S$30,000 per annum. Foreigners with a valid employment pass are also welcome to apply.
The application process is straightforward and can be done online or in-person at a UOB branch. You’ll need to provide some personal and financial information, such as your income and employment details, as well as supporting documents like your NRIC or passport.
Key Features and Benefits
The UOB Preferred Platinum Visa Card comes with a range of features and benefits that make it a great choice for those who want to enjoy premium privileges. Here are some of the key features:
- Earn rewards faster: With up to UNI$10 per S$5 spend on selected online transactions, such as shopping for apparel, bags, shoes, accessories, electronics, ordering for groceries, dining or food delivery, and even spending at drugstores or on entertainment and ticketing.
- High earn rates: Earn 4 miles per S$1 on most of your daily expenses, both online and offline.
- No minimum spend: There’s no minimum spend required to earn rewards, but there is a cap of S$1,000 per month.
- Exclusive privileges: Enjoy upscale dining, shopping, and lifestyle privileges at selected merchants.
- Travel benefits: Get complimentary travel insurance coverage when you charge your travel tickets to your visa card.
In conclusion, this visa card is an excellent choice for those who want to enjoy premium privileges and rewards. With its high earn rates, exclusive privileges, and travel benefits, this card is perfect for those who want to get more out of their spending.
Earning Rewards and UOB$
If you’re looking for a credit card that rewards you for your spending, the UOB Preferred Platinum Visa Card is a great option. With this card, you can earn rewards points and UOB$ for every dollar you spend, which you can redeem for a variety of exclusive rewards.
Understanding UOB$ and Rewards Points
When you use your UOB Preferred Platinum Visa Card, you’ll earn rewards points and UOB$. Rewards points are earned for every dollar spent on your card, while UOB$ are earned for every $5 spent on selected online transactions, such as shopping for apparel, bags, shoes, accessories, electronics, ordering for groceries, dining or food delivery and even spending at drugstores or on entertainment and ticketing.
Maximising Earn Rates
To maximise your earn rates, it’s important to understand the different earn rates for different types of spending. For example, you can earn up to 4 miles per dollar (MPD) for online spending and offline contactless payments, excluding travel. You can also earn up to UNI$10 per S$5 spend on selected online transactions.
Exclusive Rewards Catalogue
Once you’ve earned enough rewards points and UOB$, you can redeem them for a variety of exclusive rewards through the UOB Rewards Catalogue. This catalogue features a wide range of rewards, including gifts, vouchers, air miles, or cashback.
To maximise your rewards, it’s important to understand the conversion rate for rewards points and UOB$. For example, 1 rewards point is equivalent to 0.4 UOB$, while 1,000 rewards points are equivalent to 400 UOB$.
With the UOB Preferred Platinum Visa Card, you can earn rewards for all your spending and redeem them for a variety of exclusive rewards. So start maximising your earn rates today and explore the UOB Rewards Catalogue to find the perfect reward for you.
Spending Categories and Benefits
Are you looking for a credit card that rewards you for your spending habits? The UOB Preferred Platinum Visa Card is the perfect choice for you. This card offers a wide range of benefits across several spending categories. Here are some of the top privileges you can enjoy:
Shopping and Online Spending
If you love shopping, you’ll be happy to know that the UOB Preferred Platinum Visa Card rewards you generously for your purchases. You can earn up to UNI$10 for every S$5 you spend on online shopping and entertainment. This means you can accumulate points quickly and redeem them for exciting rewards.
Dining and Entertainment Transactions
The UOB Preferred Platinum Visa Card is also great for foodies and entertainment enthusiasts. You can earn up to UNI$10 for every S$5 you spend on dining and entertainment transactions. This includes local and overseas dining, as well as entertainment purchases such as movie tickets and concert tickets.
Contactless Payments and Mobile Wallets
In today’s fast-paced world, contactless payments and mobile wallets are becoming increasingly popular. The UOB Preferred Platinum Visa Card rewards you for using these payment methods. You can earn up to UNI$10 for every S$5 you spend via mobile contactless payment. This includes payments made using Apple Pay, Google Pay, and Samsung Pay.
In conclusion, the UOB Preferred Platinum Visa Card is an excellent choice for anyone who wants to earn rewards for their spending habits. Whether you’re a shopaholic, foodie, or tech enthusiast, this card has something for everyone. So why wait? Sign up for the UOB Preferred Platinum Visa Card today and start enjoying the benefits!
Exclusive Privileges and Premium Offers
As a UOB Preferred Platinum Visa Cardholder, you are entitled to a wide range of exclusive privileges and premium offers. Let’s take a closer look at some of the benefits that come with your card.
Privilege Banking Perks
As a UOB Preferred Platinum Visa Cardholder, you can enjoy the services of a dedicated Client Advisor who will assist you with all your banking needs. Your Client Advisor will provide you with personalised financial advice, help you manage your wealth, and assist you in achieving your financial goals.
In addition to your Client Advisor, you will also have access to UOB Privilege Concierge, a service that offers 24-hour assistance for all your lifestyle needs. Whether you need help booking a restaurant, arranging a trip, or finding the perfect gift, UOB Privilege Concierge is there to help.
Dining and Lifestyle Benefits
Your UOB Preferred Platinum Visa Card comes with a range of dining and lifestyle benefits that will make your life more enjoyable. For example, you can enjoy discounts of up to 50% at over 1,000 restaurants in Singapore and across the region. Simply pay with your UOB Preferred Platinum Visa Card to enjoy these discounts.
You can also enjoy exclusive offers on travel, shopping, and entertainment. For example, you can enjoy discounts on luxury hotels, spa treatments, and golf courses. You can also enjoy exclusive access to events and exhibitions.
In conclusion, your UOB Preferred Platinum Visa Card comes with a host of exclusive privileges and premium offers that will make your life more enjoyable. From your dedicated Client Advisor to UOB Privilege Concierge, you will have access to a range of services that will help you manage your wealth and enjoy your life to the fullest.
Understanding Fees and Charges
As with any credit card, it is important to understand the fees and charges associated with the UOB Preferred Platinum Visa Card. Here are the most important things you need to know about fees and charges for this card:
Annual Fee and Waivers
The UOB Preferred Platinum Visa Card has an annual fee of S$192.60, which is waived for the first year. The annual fee for the first supplementary card is also waived in perpetuity, with the second card onwards charged at S$97.20 per year. To qualify for the annual fee waiver, you need to spend a minimum of S$6,000 per year on your card.
Foreign Transaction Fees
When you use your UOB Preferred Platinum Visa Card for transactions in foreign currencies, you will be charged a foreign currency transaction fee of 2.8% of the transaction amount. This fee is in addition to the exchange rate used to convert the transaction amount to Singapore dollars. Please note that this fee is subject to Goods and Services Tax (GST).
To avoid paying foreign transaction fees, it is best to use a card that does not charge these fees when you are travelling abroad. However, if you do need to use your UOB Preferred Platinum Visa Card for foreign transactions, it is important to understand the fees and charges associated with this card.
Overall, the UOB Preferred Platinum Visa Card offers a range of premium privileges and benefits, but it is important to understand the fees and charges associated with this card. By understanding these fees and charges, you can make an informed decision about whether this card is right for you.
Terms and Conditions
As with any credit card, reading and understanding the terms and conditions of the UOB Preferred Platinum Visa Card is important. This will help you avoid any misunderstandings or surprises when using the card.
Reward Exclusions and Caps
It is important to note that the UOB Preferred Platinum Visa Card rewards programme has certain exclusions and caps. For example, cash advances, balance transfers, and payments to government institutions are not eligible for rewards. Additionally, there are caps on the monthly rewards you can earn, depending on the spending category. Please refer to the terms and conditions for full details on reward exclusions and caps.
Understanding the Fine Print
Understanding the fine print of the terms and conditions for this Visa card is essential. For example, there may be charges associated with the card, such as annual and late payment fees. Additionally, there may be requirements for eligibility, such as minimum income or credit score.
It is essential to fully understand these requirements before applying for the card. For full details on the terms and conditions, please refer to the Cardmembers Agreement and the terms and conditions for the UOB Preferred Platinum Visa Card.
In summary, it is essential to thoroughly read and understand the terms and conditions of this Visa card. This will help you avoid any surprises or misunderstandings when using the card and ensure you can enjoy the rewards and benefits that come with it.
Frequently Asked Questions
What exclusive perks can I expect with my UOB Preferred Platinum Visa Card?
As a UOB Preferred Platinum Visa Cardholder, you can enjoy exclusive perks such as up to 10X UNI$ on online shopping and entertainment and mobile contactless payments. You can also earn UOB$ cashback on all purchases in-store at over 1,000 participating merchants across all categories islandwide, which you can use to offset your next purchase.
Additionally, you can enjoy dining privileges at over 1,000 restaurants in Singapore and travel and lifestyle deals.
How does the UOB Preferred Platinum compare with the HSBC Revolution card in terms of benefits?
The UOB Preferred Platinum Visa Card and the HSBC Revolution Card both offer similar benefits in terms of earning rewards points for online shopping and entertainment. However, this Visa card offers more dining privileges and travel deals, while the HSBC Revolution card offers more perks for mobile payments.
Can you highlight the main differences between the UOB Visa Signature and Preferred Platinum cards?
The UOB Visa Signature card offers more travel and lifestyle benefits, while this Visa card offers more dining privileges and cashback rewards for in-store purchases.
Are there any annual fees associated with the UOB Preferred Platinum, and if so, what are they?
Yes, there is an annual fee of S$192.60 for this Visa card. However, this fee can be waived if you meet the minimum spending requirement of S$18,000 per year.
What should I be aware of in terms of the terms and conditions for the UOB Preferred Platinum card?
You should be aware that of these Visa cards benefits are subject to terms and conditions, such as minimum spending requirements and exclusions. Additionally, you should be aware of the interest rates and fees associated with the card, as well as the consequences of late payments or exceeding your credit limit.
How does the Visa Platinum debit card’s benefits stack up against those of the UOB Preferred Platinum?
The Visa Platinum debit card offers fewer benefits than this Visa card, as it is a debit card rather than a credit card. While it does offer some perks such as cashback rewards and travel insurance, it does not offer the same level of rewards points or dining privileges as the UOB Preferred Platinum Visa Card.
