How much uob one card annual fee?
Credit Cards UOB Credit Card V2
Credit Cards UOB Credit Card V2
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Dec 23 2013, 06:21 PM
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Junior Member
234 posts Joined: Feb 2011 |
How much uob one card annual fee?
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Dec 23 2013, 06:48 PM
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All Stars
52,874 posts Joined: Jan 2003 |
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Dec 23 2013, 06:52 PM
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Senior Member
2,757 posts Joined: Jan 2007 |
QUOTE(virgoguy @ Dec 23 2013, 04:24 PM) Imagine that they are willing to offer RM50 to offset GST to retain you as a credit card customer, do you think they will be stingy of the annual fees which is only an internal generated cost?a year ago, i held UOB One Classic then i applied UOB Vox card (got RM50 welcome bonus as well) due to i don't pump petrol. After i got the Vox Card then i terminated the One Card. They actually called me to offer RM50 so that i will retain that One Classic, my One Classic still had 1/2 year to anniversary month. I rejected the offer because i don't need so many cards, therefore now i only have the UOB Vox Card. 1 year before i terminated the UOB One Card, they had offered me RM50 to offset GST and 5 years annual fee waiver as retention offer. To be honest, i think i did not spend more than RM5k in a year. Therefore the conclusion is the moment you say you want to terminate your card, they will offer you something. if they don't, wait for the card cancellation department to call you, they are very likely to offer you something. |
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Dec 23 2013, 06:55 PM
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Senior Member
1,232 posts Joined: Sep 2005 |
QUOTE(nothingz @ Dec 23 2013, 04:12 PM) i have mentioned numerous times here, don't believe the t&c that mentioned you need to spend 36k pa to waive the annual fees. the moment you say you want to cancel the card, they will waive 5 years annual fees for you. I have called the UOB card centre today to cancel my card due to annual fee and GST, and the staff said somebody will contact me again to 'confirm' the termination. Finger crossbeen there, done that! |
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Dec 23 2013, 06:55 PM
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All Stars
52,874 posts Joined: Jan 2003 |
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Dec 23 2013, 06:57 PM
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Senior Member
2,757 posts Joined: Jan 2007 |
QUOTE(muscaa @ Dec 23 2013, 06:55 PM) I have called the UOB card centre today to cancel my card due to annual fee and GST, and the staff said somebody will contact me again to 'confirm' the termination. Finger cross yes, wait for that call. most likely is around 1 week. if you missed that call means say bye bye to UOB. » Click to show Spoiler - click again to hide... « |
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Dec 23 2013, 06:58 PM
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Senior Member
2,757 posts Joined: Jan 2007 |
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Dec 23 2013, 06:59 PM
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Senior Member
719 posts Joined: Sep 2006 |
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Dec 23 2013, 07:00 PM
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All Stars
52,874 posts Joined: Jan 2003 |
QUOTE(nothingz @ Dec 23 2013, 06:58 PM) Please, if really want to cancel, the CS can do that. No need to wait for retention department to call you with to verify and perhaps a retention offer.This post has been edited by David83: Dec 23 2013, 07:01 PM |
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Dec 23 2013, 07:02 PM
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Junior Member
234 posts Joined: Feb 2011 |
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Dec 23 2013, 07:02 PM
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Senior Member
2,757 posts Joined: Jan 2007 |
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Dec 23 2013, 07:04 PM
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Senior Member
4,404 posts Joined: Jun 2012 |
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Dec 23 2013, 07:07 PM
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Junior Member
234 posts Joined: Feb 2011 |
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Dec 23 2013, 08:31 PM
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Junior Member
263 posts Joined: Oct 2007 |
Most of the time, the bank need to put in the annual fee thing as requirement from BNM, especially foreign bank, they won't get good term like local bank. If you survey, most local bank offer Free For Life credit card in their credit card product list.
I not sure how could OCBC be the first foreign bank that allow to offer Free For Life in their TnC. Anyway, it depend on BNM and the bank, and remember this is BolehLand. QUOTE(muscaa @ Dec 23 2013, 06:55 PM) |
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Dec 23 2013, 08:36 PM
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All Stars
52,874 posts Joined: Jan 2003 |
QUOTE(ikengkai @ Dec 23 2013, 08:31 PM) Most of the time, the bank need to put in the annual fee thing as requirement from BNM, especially foreign bank, they won't get good term like local bank. If you survey, most local bank offer Free For Life credit card in their credit card product list. I thought the annual fee goes to Visa or Mastercard pocket since it likes a membership fee.I not sure how could OCBC be the first foreign bank that allow to offer Free For Life in their TnC. Anyway, it depend on BNM and the bank, and remember this is BolehLand. |
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Dec 23 2013, 09:20 PM
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Elite
8,601 posts Joined: Jan 2003 From: KL |
QUOTE(ikengkai @ Dec 23 2013, 08:31 PM) Most of the time, the bank need to put in the annual fee thing as requirement from BNM, especially foreign bank, they won't get good term like local bank. If you survey, most local bank offer Free For Life credit card in their credit card product list. Bro, when did the above BNM guideline came into effect?I not sure how could OCBC be the first foreign bank that allow to offer Free For Life in their TnC. Anyway, it depend on BNM and the bank, and remember this is BolehLand. UOB has been offering FREE FOR LIFE for more than two decades with minimum X swipes, e.g. my UOB Plat used to need 12 swipes to get annual fee waived. However nowadays UOB keep changing their auto annual fee waiver policy, and at one stage we got to like swipe 60 times! Click here to read my article UOB - Why You Force Me To Beg You? And for years too I only needed to swipe 12 times to get my HSBC Platinum credit card (they upgraded it to Visa Signature), but that policy is no longer stated in HSBC T&C. However, this year, initially I was told it is still applicable but they then charged me the annual fee, click here to read about it at my Facebook post in June.. And for years and up to date, if one has Citibank Gold Status, UOB Privilege Banking Status, HSBC Premier Banking Status and OCBC Premier Banking Status, they do get FREE FOR LIFE credit cards without needing to swipe even once. This post has been edited by Gen-X: Dec 23 2013, 09:25 PM |
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Dec 24 2013, 04:43 AM
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Senior Member
1,232 posts Joined: Sep 2005 |
QUOTE(nothingz @ Dec 23 2013, 07:02 PM) I am not too surprised that UOB are asking third party to call customers for cancellation of credit card. That happens to Standchart too. Btw we as customers got nothing to lose. I can always apply for any other cc at any time if UOB got no interest to keep us as customer. Cheers! |
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Dec 24 2013, 08:38 AM
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Junior Member
263 posts Joined: Oct 2007 |
That is long time story liao, before RM50 govern tax policy. Around 2002 - 2008 timeframe.
Now no more insider news as kawan cabut from be cc agent. QUOTE(Gen-X @ Dec 23 2013, 09:20 PM) Bro, when did the above BNM guideline came into effect? UOB has been offering FREE FOR LIFE for more than two decades with minimum X swipes, e.g. my UOB Plat used to need 12 swipes to get annual fee waived. However nowadays UOB keep changing their auto annual fee waiver policy, and at one stage we got to like swipe 60 times! Click here to read my article UOB - Why You Force Me To Beg You? And for years too I only needed to swipe 12 times to get my HSBC Platinum credit card (they upgraded it to Visa Signature), but that policy is no longer stated in HSBC T&C. However, this year, initially I was told it is still applicable but they then charged me the annual fee, click here to read about it at my Facebook post in June... And for years and up to date, if one has Citibank Gold Status, UOB Privilege Banking Status, HSBC Premier Banking Status and OCBC Premier Banking Status, they do get FREE FOR LIFE credit cards without needing to swipe even once. |
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Dec 24 2013, 03:35 PM
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Junior Member
595 posts Joined: May 2010 |
![]() How do I call this card? |
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Dec 24 2013, 04:02 PM
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All Stars
21,308 posts Joined: Jan 2003 From: Kuala Lumpur |
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