UOB One Card Just Got a Lot Better – 8.33 to 10% Cashback on Groceries

Thanks to ZM from the Telegram group for pointing this out!

Update: as quietly as it appeared, the new category has now disappeared from the terms and conditions. It is now back, officially.

UOB One just got a really good buff in the form of an additional category for extra 5% cash rebate which includes familiar names like Giant, 7-Eleven, Cold Storage, Guardian, Jasons and Market Place.

This change was quietly added to UOB One’s terms and conditions, and as of writing the official website isn’t even updated yet.

UOB One card terms: https://www.uob.com.sg/assets/pdfs/one_card_full_tnc.pdf?i_cid=pfs:sg:owned:int:site:na:li:na:na:na-evergreen:direct:na&vid=none

UOB One gives 3.33% cashback if you spend $500 or $1,000 per month consistently for three months. An additional cash rebate of 5% means you will be getting 8.33%. This slightly edges out Maybank Family and Friends’ 8% when it comes to groceries.

The rebate gets even better if you can hit $2,000 per month, and you will get the quarterly cashback rate of 5% plus additional 5% cash rebate making 10%.

Of course, UOB One is more conditional than Maybank FnF because you need to maintain a minimum spending for at least 3 months. Maybank FnF, on the other hand, merely requires a minimum spending of $800 to reach 8% of cashback, and you can spend at any major supermarket including perennially popular NTUC FairPrice. It also includes other categories like telco bills and food deliveries, so FnF remains a very relevant and versatile high cashback card.

Personally, I think this is still a much welcomed improvement since I usually am able to clock about $1,800 per month on my UOB One card via ipaymy, and would have to find $200 worth of expenses to hit the $2,000 tier. I don’t spend that much on Grab (currently the only other merchant to get additional 5% aside from UOB Travel) but groceries would quite easily meet $200 every month.

It also includes 7-11 and Guardian, both of which are not given 8% by Maybank Family and Friends.

Stocking up on groceries for Circuit Breaker? Pick between two excellent cashback choices here:

UOB One

👍🏼

New to bank

Gift A: S$150 cash credit for signing up card

Gift B: S$80 for customers new to UOB bank; or
S$60 for customers new to UOB deposit accounts; or S$30 for existing UOB deposit customers

Gift C: S$50

Total: Gifts A + B + C = up to S$280!

Terms and Conditions

Gift A: successfully apply for a UOB personal credit card in the month of July 2022 and spend a min. of S$1,500 within 30 days from card approval date on their new UOB credit card. Card exclusions apply. Tap here for full terms and conditions.

Gift B:

  1. Successfully open a new Eligible UOB Account online from 1 May 2022 to 31 July 2022, and
  2. Deposit at least S$5,000 into their new UOB account within the account opening month and hold it till the end of the following calendar month.
  3. S$5,000 must be fresh funds for existing customers
  4. Tap here for full terms and conditions

Gift C:

  1. successfully submitted an online participation form here; and
  2. successfully credit monthly salary (of at least S$1,600) into an Eligible UOB Account+ via GIRO within two calendar months from the date of submission of the participation formd

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.

Maybank
Family and Friends

🔥 👍🏼

New customers

Get up to S$180 cash/cashback with these two promos:

Singsaver promo
Receive S$80 Cash via PayNow upon card approval

Maybank promo
Apply for a Maybank Credit Card and a CreditAble Account, make a min spend of $300 per month for 2 consecutive months, and receive:

  • First 4,500 applicants: Samsonite Harts 68/25 Spinner (worth S$500)
  • 4,501 onwards: S$100 cashback

Both promos stack if applied through this site.

Until 13th October 2022

Sign-up Process

  1. Apply with the link
  2. Important: find SingSaver email and fill in redemption form after application
  3. Fulfil requirements as stated in terms and conditions

Credit card terms and conditions
Banking account terms and conditions
Priority banking terms and conditions

Get 8% cashback on selected categories like groceries, telco, and more! Read the review here

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