If you’re looking for a credit card that offers cashback on all your spending, the UOB UnionPay Platinum Card could be the perfect choice for you. This card offers 2% cashback on all local and overseas spending, with no minimum spend and no categories to track. Plus, you can enjoy instant contactless payment at major merchants island-wide.
In addition to the cashback rewards, the UOB UnionPay Platinum Card also comes with a range of other benefits. These include 24-hour concierge services, discounts from UnionPay, and exclusive travel privileges. So, whether you’re looking for a card to use for everyday spending or for your next overseas trip, this card could be a great option.
Key Takeaways
- The UOB UnionPay Platinum Card offers 2% cashback on all local and overseas spending, with no minimum spend and no categories to track.
- In addition to cashback rewards, the card comes with 24-hour concierge services, discounts from UnionPay, and exclusive travel privileges.
- If you’re looking for a versatile credit card that offers great rewards and benefits, the UOB UnionPay Platinum Card could be a great choice.
Key Features and Benefits
If you’re looking for a credit card that rewards you for your spending, the UOB UnionPay Platinum Card is worth considering. Here are some of the key features and benefits that make this card stand out.
Rewards and Uni$ Earning
With the UOB UnionPay Platinum Card, you can earn 2% cashback on all your spending, including both local and overseas spending. There’s no need to track the least amount of money you need to spend to earn the rebates. You can earn Uni$ on every transaction you make with the card. These Uni$ can be redeemed for a wide range of rewards, including air miles, shopping vouchers, and more.
Dining and Entertainment Perks
The UOB UnionPay Platinum Card offers a range of dining and entertainment perks. You can enjoy exclusive discounts at a wide range of restaurants, bars, and cafes across Singapore. You can also enjoy discounts on movie tickets, concerts, and other entertainment events.
Shopping Rewards and Promotions
The UOB UnionPay Platinum Card offers a range of shopping rewards and promotions. You can enjoy exclusive discounts and cashback on your online shopping purchases. You can also enjoy discounts and special offers at a wide range of retail stores across Singapore.
Travel Benefits and Overseas Spend
The UOB UnionPay Platinum Card offers a range of travel benefits and rewards. You can enjoy exclusive discounts on hotel bookings, airport transfers, and more. You can also earn cash rebates on your overseas spending with the card.
The card also comes with UnionPay QuickPass, which allows you to make contactless payments at a wide range of merchants across Singapore and overseas. This makes it easy and convenient to pay for your purchases, without the need for cash or a PIN.
If you’re a frequent traveller, the UOB UnionPay Platinum Card is a great choice. You can enjoy exclusive discounts and promotions at Changi Airport, as well as a range of other travel benefits and rewards.
Overall, the UOB UnionPay Platinum Card is a great choice if you’re looking for a credit card that rewards you for your spending. With a range of benefits and rewards, it’s a great way to make your money go further.
Eligibility and Application
If you are interested in applying for the UOB UnionPay Platinum Card, you must meet certain qualifying criteria. Here are the details:
Qualifying Criteria
Annual Income
To apply for the UOB UnionPay Platinum Card, you must have a minimum annual income of SGD 30,000 if you are a Singapore citizen or permanent resident. If you are a foreigner, you must have a minimum annual income of SGD 40,000.
Employment Status
The UOB UnionPay Platinum Card is available to both salaried employees and self-employed individuals. Salaried employees must provide their latest computerised payslip or income tax notice of assessment. Self-employed individuals must provide their latest income tax notice of assessment.
Employment Pass
Foreigners who wish to apply for the UOB UnionPay Platinum Card must hold a valid Employment Pass.
Identification
To apply for the UOB UnionPay Platinum Card, you must be at least 21 years old and possess a valid NRIC or FIN. Singapore citizens and permanent residents can apply using their SingPass or MyInfo account.
CPF Contribution History Statement
If you are a self-employed individual, you must provide your latest CPF contribution history statement.
Application Process
To apply for the UOB UnionPay Platinum Card, you can visit the UOB website or any UOB branch. The application process is straightforward and can be completed in a few simple steps. Here’s how:
- Fill out the application form with your personal and employment details.
- Submit the required documents, including your income tax notice of assessment or computerised payslip, CPF contribution history statement (if applicable), and a copy of your NRIC or FIN.
- Wait for the bank to process your application.
- Once your application is approved, you will receive your UOB UnionPay Platinum Card in the mail.
Overall, the UOB UnionPay Platinum Card is an excellent choice for individuals who are looking for a credit card that offers cash rebates and fuel savings. With its attractive benefits and easy application process, the UOB UnionPay Platinum Card is definitely worth considering.
Fees and Charges
When it comes to choosing the right credit card for you, fees and charges are an important factor to consider. The UOB UnionPay Platinum Card offers a range of fees and charges that are competitive with other credit cards in Singapore.
Annual Fee and Waivers
The UOB UnionPay Platinum Card has an annual fee of S$192.60, which is waived for the first year. To further enjoy annual fee waiver, you need to spend a minimum of S$12,000 per year on your card. This is a reasonable amount, especially if you plan to use your card for everyday expenses.
Interest Rates and Other Charges
The UOB UnionPay Platinum Card has an interest rate of 26.9% per annum. This is a standard rate for credit cards in Singapore. However, it is important to note that if you do not make your payments on time, you will be charged a late payment fee of S$90. Additionally, if you withdraw cash using your credit card, you will be charged a cash advance fee of 6% of the amount withdrawn or S$15, whichever is higher.
Overall, the UOB UnionPay Platinum Card offers a reasonable range of fees and charges. While the annual fee is not the lowest in the market, the waiver conditions are reasonable. The interest rate is also standard, but it is important to make sure you make your payments on time to avoid late payment fees.
Cashback and Savings
Are you looking for a credit card that offers great cashback and savings? The UOB UnionPay Platinum Card might be exactly what you need. Here are some of the benefits that you can enjoy with this card:
Cashback on Local and Overseas Spend
With the UOB UnionPay Platinum Card, you can earn 2% cashback on all your spending, whether it’s local or overseas. The best part is that there’s no minimum spend required, so you can start earning cashback from your very first purchase.
Exclusive Offers and Discounts
In addition to cashback, the UOB UnionPay Platinum Card also offers exclusive discounts and offers for cardmembers. For example, you can enjoy fuel savings of up to 20.8% at SPC petrol stations when you use your UOB UnionPay Platinum Card to pay for your petrol purchases.
Moreover, you can enjoy discounts of up to 10% at over 80 SPC petrol stations islandwide with your UOB UnionPay Card. You can also get discounts at selected merchants such as SPC, Shell, and more.
To make it even better, you can enjoy additional discounts when you use your UOB credit card to pay for your purchases. For example, you can get a 5% discount on your purchase at SPC petrol stations when you use your UOB credit card.
In conclusion, the UOB UnionPay Platinum Card is an excellent choice if you want to earn cashback and enjoy exclusive discounts and offers. With no minimum spend required and great savings on fuel and more, this card is a must-have for savvy shoppers.
Comparison with Other UOB Cards
If you are considering getting the UOB UnionPay Platinum Card, you may be wondering how it compares to other UOB credit cards. In this section, we will briefly compare the UOB UnionPay Platinum Card with three other popular UOB credit cards: the UOB One Card, UOB Lady’s Card, and UOB EVOL Card.
UOB One Card
The UOB One Card is a cashback credit card that offers up to 5% cashback on all spend. However, to earn the maximum cashback, you need to spend at least S$2,000 per month for three consecutive months. The UOB One Card also offers additional cashback on selected categories such as groceries, dining, and petrol. If you spend a lot on these categories, the UOB One Card may be a better choice for you than the UOB UnionPay Platinum Card.
UOB Lady’s Card
The UOB Lady’s Card is a rewards credit card that is designed for women. It offers rewards points on all spend, which can be redeemed for a variety of rewards such as shopping vouchers, beauty treatments, and dining vouchers. The UOB Lady’s Card also offers additional rewards points on selected categories such as fashion, beauty, and dining. If you are a woman and you love to shop, the UOB Lady’s Card may be a better choice for you than the UOB UnionPay Platinum Card.
UOB EVOL Card
The UOB EVOL Card is a credit card that offers cashback on all spend. It offers up to 8% cashback on selected categories such as online shopping, groceries, and dining. The UOB EVOL Card also offers additional cashback on selected merchants such as Lazada, Shopee, and Grab. If you spend a lot on these categories and merchants, the UOB EVOL Card may be a better choice for you than the UOB UnionPay Platinum Card.
Overall, the UOB UnionPay Platinum Card is a great credit card for those who want to earn cashback on all spend and enjoy exclusive privileges such as discounts on dining and shopping. However, if you spend a lot on specific categories or prefer rewards points to cashback, you may want to consider other UOB credit cards such as the UOB One Card, UOB Lady’s Card, or UOB EVOL Card.
Credit Card Management
Managing your UOB UnionPay Platinum Card is simple and straightforward. With online account management, you can easily track your transactions, balance, and rewards. Here are some tips to help you make the most of your credit card:
Online Account Management
UOB offers a user-friendly online platform that allows you to manage your credit card account with ease. You can view your transactions, check your account balance, and redeem rewards. The platform also allows you to set up automatic payments, so you never miss a payment deadline.
To access your account online, simply log in to UOB’s website with your username and password. From there, you can navigate to the credit card section to view your account details.
Credit Card Usage Tips
When using your UOB UnionPay Platinum Card, it is important to keep in mind the following tips:
- Use your credit card for online spend: With the rise of e-commerce, online spending has become more prevalent. Using your credit card for online purchases can help you earn rewards and cashback on your purchases.
- Choose the right payment method: UOB offers a variety of payment methods, including PayNow, GIRO, and AXS. Choose the one that works best for you to ensure timely payments.
- Stay within your credit limit: Your credit limit is the maximum amount you can spend on your credit card. Staying within your limit can help you avoid over-limit fees and maintain a good credit score.
- Meet the minimum annual income requirement: To be eligible for the UOB UnionPay Platinum Card, you must meet the minimum annual income requirement of SGD 30,000. Make sure you meet this requirement before applying for the card.
By following these tips, you can effectively manage your UOB UnionPay Platinum Card and maximise your rewards.
Security and Fraud Protection
When it comes to using credit cards, security and fraud protection are top concerns for many people. Fortunately, the UOB UnionPay Platinum Card has advanced security features to help protect you from fraud and unauthorized transactions.
Advanced Security Features
One of the key security features of the UOB UnionPay Platinum Card is the EMV chip. This chip provides added protection against fraud by generating a unique code for each transaction, making it much more difficult for fraudsters to copy your card information. Additionally, the card comes with a PIN that you can use to authenticate transactions at ATMs and merchants.
Another great feature of the UOB UnionPay Platinum Card is the ability to set spending limits. This means you can set a maximum amount that can be spent on your card each day, which can help prevent fraudsters from making large unauthorized transactions.
If you ever suspect that your card has been used fraudulently, UOB has a dedicated 24/7 Fraud Hotline that you can call to report the incident. They will guide you through the process of reporting the fraud and will work with you to resolve the issue as quickly as possible.
Overall, the UOB UnionPay Platinum Card provides advanced security features to help protect you from fraud and unauthorized transactions. With the EMV chip, PIN authentication, and spending limits, you can use your card with confidence, knowing that your transactions are secure.
Final Verdict
Congratulations, you have reached the end of our UOB UnionPay Platinum Card review! Now that you have all the information, it’s time to make a decision.
The UOB UnionPay Platinum Card is a great option for those who want to earn high cashback without worrying about minimum spend requirements. With a 2% cash rebate on all spending, both in Singapore and overseas, you can save a lot of money on your daily expenses.
However, there are some cons to consider. The credit limit for this card is not as high as other UOB credit cards, such as the UOB Absolute Card. Additionally, UnionPay cardholders may not be as widely accepted as Mastercard, Visa, or American Express (Amex) cardholders.
In summary, the UOB UnionPay Platinum Card is a fantastic option for those who want to earn cashback without worrying about minimum spend requirements. However, if you need a higher credit limit or want a card that is widely accepted, you may want to consider other options.
Here’s a quick recap of the pros and cons of the UOB UnionPay Platinum Card:
Pros
- High cashback rate of 2% on all spending
- No minimum spend requirements
- Cashback earned on both local and overseas spending
Cons
- Lower credit limit compared to other UOB credit cards
- UnionPay cardholders may not be as widely accepted as Mastercard, Visa, or Amex cardholders.
We hope this review has been helpful in your decision-making process. If you have any further questions or comments, please feel free to reach out to us.
Frequently Asked Questions
What exciting perks come with the UOB UnionPay Platinum Card?
The UOB UnionPay Platinum Card offers a range of exciting perks, including 2% cashback on all spend, with no minimum spend required and no categories to track. Additionally, cardholders can enjoy discounts of up to 50% off at over 100 merchants in Singapore, including dining, shopping, and entertainment outlets.
How does the UOB UnionPay Card enhance my shopping experience in Singapore?
The UOB UnionPay Platinum Card offers a range of exclusive shopping privileges, including discounts at popular merchants such as TANGS, Robinsons, and Metro. Additionally, cardholders can enjoy access to preferential exchange rates when shopping overseas, making it an ideal card for frequent travellers.
Can I expect wide acceptance of my UnionPay card when travelling abroad?
Yes, you can! UnionPay is one of the largest payment networks in the world, with over 180 countries and regions accepting UnionPay cards. This means that you can use your UOB UnionPay Platinum Card to make purchases and withdraw cash at millions of merchants and ATMs worldwide.
How does the UOB UnionPay Platinum Card compare with other UnionPay offerings from banks like DBS or OCBC?
The UOB UnionPay Platinum Card offers a range of unique features and benefits that set it apart from other UnionPay offerings from banks like DBS or OCBC. For example, the card offers 2% cashback on all spend, with no minimum spend required and no categories to track. Additionally, cardholders can enjoy exclusive shopping privileges and access to preferential exchange rates when travelling overseas.
What security features can I look forward to with the UnionPay Platinum Card?
The UOB UnionPay Platinum Card offers a range of security features to protect your card and personal information. These include EMV chip technology, which provides enhanced protection against fraudulent transactions, and SMS transaction alerts, which notify you of any transactions made on your card. Additionally, the card offers Zero Liability protection, which means that you are not liable for any unauthorised transactions made on your card.
How does UnionPay stand out from other payment networks like Visa or MasterCard?
UnionPay is one of the largest payment networks in the world, with over 180 countries and regions accepting UnionPay cards. Additionally, UnionPay offers a range of unique features and benefits, including access to preferential exchange rates when travelling overseas and exclusive shopping privileges. UnionPay is also committed to providing a secure and reliable payment network, with a range of security features to protect your card and personal information.
