may i know when will this new requirement take effect? spending 36k annually is crazy...

This post has been edited by victorywp: Oct 23 2013, 04:53 PM

the new requirement is about annual fee not gov tax, right? correct me if i'm wrong...

that means it's not firm yet?

is it true that we just need to call in and the annual fee will be automatically waived for the next 5 years?

yes, you are right. it is the spending rate not the rebate rate..

This post has been edited by victorywp: Oct 28 2013, 09:47 AM

i just called to uob customer service, i was told that we can only call to waive the annual fee after the fee is imposed.

if you were a high spender with uob credit card and a good pay master, i believe they will waive for you without negotiation.

are you using uob one card classic or uob one card platinum? if classic, you just need to swipe 60 times to waive it.

60 times still applies for classic... but for platinum, have to spend minimum rm36k or rm60k per year. this is what make people worried because we earn rm36k or rm60k per year to apply this card. so, it means we have to spend everything we earn using this card, in order to waive the annual fee.

yes, uob platinum has indeed revised down the petrol cash back from rm30 to rm25. i detected it early because i always receive the rebate of rm30 every month. when i did not receive the rebate of rm30 in aug/sep, i went to their website to check on the terms & condition (whether it changed) but it's still written rm30 max rebate for petrol and 0.3% for others.

i quickly called to uob cs demanding for an explanation about this whether there is any glitches. i was told by them that they have revised it in august. i was not happy with their explanation because they said they have informed us through our statement printing. then i query them because their terms and condition still remain the same. they said they will update it soon and they even further said that they might further reduced the max rebate from rm25 to rm20 (for platinum).

at the same time i also complained about their 0.3% rebate for every other things. because i did not receive the correct rebate. they told me that they have abolished the rebate for certain purchase like touchngo reload, fast food chain (kfc, pizza hut, etc), and some others. they gave the same reason that they already informed us through statement printing but not yet update in the terms and condition.

then in september, they informed me that they will maintain the petrol max cash rebate at rm25 and no more intended to reduce it to rm20. as for the 0.3% rebate for others, it has also returned back to normal with no more special condition as mentioned earlier. however, they said whatever i have spent on all these items in the previous month will still maintain at 0% rebate. i really dislike the way uob simply change their terms and condition without informing us in advance.

the main 4 cash back credit cards (without annual fee) for me are:
1) ocbc titanium (for dining/telcos/hypermarket 5% and others 1%)
2) maybank amex (for everything during weekend 5%)
3) uob one card (for petrol 5%+2%)
4) citibank cash back platinum (features 95% similar to uob one card)

wow... uob visa infinite? i wonder who are those who hold this card and yet still free to post in lyn?

off topic, guys! it's weird when citbank questions were asked in uob thread and uob questions in citbank thread.

yes, you are right. uob exchange rate is high compared to other banks.

most probably they will update it into your next upcoming statement.

you can opt for hardcopy monthly statement again.

yes, i remember mine only the first swipe has the sms report.

yes, it is normal to be charged usd1 for the paypal verification purpose.

i received this sms from uob too. but this promotion is actually done by visa not by uob.

This post has been edited by victorywp: Nov 14 2013, 12:22 PM

glad to hear that!

yes, the requirement to waive the annual fees is both to have total transactions of rm36k and to swipe once a month.
anyway, you may try to call the cs to waive it if you were unable to attain to rm36k (most of us will not be able too).

This post has been edited by victorywp: Nov 15 2013, 04:12 PM

you need to decide quick whether to cut or to activate.
otherwise you will have to pay the gst rm50.
next time be careful not to simply sign up a cc just for free gifts.