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

👍🏼

S$350 Cash credits: 
The first 200 new-to-UOB credit card customers who successfully apply for an eligible UOB Credit Card between 1st April 2024 and 31st April 2024 (both dates inclusive) and spend a min. of S$1,000 per month for 2 consecutive months from their card approval date, will receive S$350 cash credit.

Terms and conditions

For New-to-UOB Credit Card Customers: Enjoy enhanced cashback of up to 15% cashback on McDonald’s, DFI Retail Group , Grab, SimplyGo (bus and train rides), Shopee and UOB Travel transactions when you apply for a UOB One Credit card till 31 Mar 2024. Terms and conditions apply.

Get 3.33% base cashback if you spend $500, $1,000, or $2,000 a month for three consecutive months. Up to 6.67% additional cashback for Grab, Shopee, and Diary Farm merchants.

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:

Seth
Seth

🔥 Final day for S$200 welcome offer for Amex True Cashback; becomes S$150 from 22nd April onwards

Subscribe to the Telegram for more great deals and updates. Prefer email/WhatsApp? Tap here.

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, financial products, 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 shared exclusively in the group chat!

Disclaimer: I may receive an affiliate/referral fee when you sign up for services/products on this site, and such fees keep the site running. I would only recommend services/products I would personally use or recommend to my own friends and family, but I do not provide any warranty or guarantee for the quality of these services/products. Thank you for supporting my site!

Please exercise due diligence when signing up for any service/product as I will not be liable for any personal loss, financial or otherwise. Content published here are my sole views and personal opinion, and none of the information here constitutes personal financial advice nor represents the views of my employer(s).

Leave a Reply