Wow, you guys dem rich to swipe RM36K on your credit card per annum.

RM60K / RM5K per month on cc, that is like the salary of 80% of salaried MY workers.

Half Year already > RM36K or RM60K.

For RM36K in 6-mths or RM72K per year, I say

For RM60K in 6-mths, means a year u spend RM120K through CC, I , really elite Boss

This post has been edited by cfa28: Sep 3 2013, 07:14 PM

OIC, you are refering just to number of swipes, yes, then I agree, just pump petrol every week and eat out on weekend already almost 24 swipes a month. Thought you were referring to value of swipes.

Hi Inferno, I have tried searching through the UOB Website but I could not find this announcement there. Possible for u to post the link?

If this is true, I would rather just use my Citi CB Platinum. The CB may come later (need to accumulate to RM50) but at least I am assured of my CB.

Thanks, says its effective 1 Feb 2014. So, we can still happily pump petrol for this month. Anyone have any idea how many UOB One Cards is there out there.

I hate all this capping to RMxx cos we as the user will have no idea whether we qualify and be at the mercy of the Bank with no possible recourse as we don't have access to the Bank's records. Unless, you were at the counter at 10.01 am and still did not get the CB.

Then perhaps, you can be justified to ask BNM to do an audit.

Very unlikely cos most CC only give 'free gifts' for either

1) New customers
2) Existing customer - must do Balance Transfer or spend > RMxxxx

There are many existing customers with UOB with CL > RM30K.

To give all of them a free bag will be very costly.

Make an official complain to BNM at bnmtelelink@bnm.gov.my.

http://www.bnm.gov.my/index.php?ch=en_abou...e&ac=96&lang=en

Make sure u list out the full facts, history, when u made the call (Date & Time, etc) with your Card Number, etc.

Please update us after you have reported and BNM / UOB have responded.

With regards to your Cash Back ("CB"). This is what u need to do.

Calculate what was supposed to be your CB every month since u got your Card

Petrol - 5% CB Capped at RM25 (or RM500 of petrol) )
Hypermarket - 2% CB Capped at RM30 (or RM1,500 spending
Mobile - 2% CB CB Capped at RM6 (or RM300 spending)
Pharmacy - - 2% CB No Cap
Remember there is also CB for Movies

Then add up and see if its more or less than what u got. To me, CB is normally not a round figure.

FYI, when I got my UOB, I always calculated manually and compared it to my Statement and it was always less. I had to call UOB every month, until I got feddup and send them an 'Official Complaint' and said that if it was wrong again the next month, I would make an official complaint to BNM.

After that it was correctly calculated.

This post has been edited by cfa28: Jan 30 2014, 11:22 AM

refer to your statement.

Should have a standard clause that says

"Unless notified within 10-days, this statement shall be deemed to be correct"

Shoot it back to them

should argue that it is binding on both side.

Banks always have unfair clauses in all their Accounts

Going to say Goodbye to UOB. It was a good card to have before the stup1d T&C of first RM900K.

Perhaps for those who can still maximise the other categories like Pharmacies, GSC etc cos for Groceries @ 2% already lose to many cards which offer 5%

Maybank Visa Signature
Public Bank Visa Signature

Citibank Giant - But Giant only
Citibank Cash Bank Platinum - almost mirror UOB but you must accumulate CB until RM50 to get it
RHB Sogo - but Sogo Only
MAYBANK Islamic Ikhlwan - 5% on Petrol and Groceries but only on Fri and Sat

This post has been edited by cfa28: Oct 24 2014, 02:44 PM

Yeah, should be Maybank