Buffed: Up to 10% Cashback on Shopee for UOB One

UOB One just got a lot more useful by adding Shopee to its list of merchants that get additional 5% cashback.

UOB One’s basic cashback tiers:

Monthly SpendQuarterly CashbackCashback Yield¹
$500$503.33%
$1,000$1003.33%
$2,000$3005%
1. Yield assumes exactly $500/$1,000/$2,000 spent each month

UOB One

New to bank
Receive S$50 cash credit when you apply and make a min. spend of S$500 within 30 days of card approval. Valid for the first 200 applicants. Valid till 31 Jan 2021

When you spend on select merchants, there is additional 5% cashback. UOB One has been updating this list from time to time, and this is the third time this year:

Click here to sign up for a Citi card, and choose FREE AirPods Pro or $350 credited to your PayNow! Get $30 per card if you are an existing Citi cardholder.
Important: fill in the form in your email to choose your reward

This means that the cashback yield on expenditure made at the above merchants go as high as 8.33% or 10% depending on the quarterly cashback tier you are at.

Given the range of items sold on Shopee, this makes UOB One significantly easier to use for cashback. If you can regularly spend a fixed amount every month on the above merchants, a 8.33 to 10% cashback rate is unbeatable. Just make sure you clock the right amount per month.

A consideration you should have is that Shopee does give some discount when you pay for things using ShopeePay, so do weigh your options to see which gives you the best bang for your buck when shopping on Shopee.

Read the full UOB One review.

Keep up to date on the best cashback/mile cards, savings accounts, attractive deals, and more tips to maximise your financial wellbeing by subscribing to my Telegram channel.

Subscribe to the channel, then join the group chat. You would often benefit from the tips exclusively shared in the group chat!

Notable promos at the moment:

Leave a Reply

%d bloggers like this: