Credit Shield by Prudential UOB

I received a call so called from UOB HQ, promoting me the Credit Shield and said that no premium if I pay my credit card on time. Only is there is overdue, will charge me 0.65% of the outstanding balance. I checked on forum (source: https://forum.lowyat.net/index.php?showtopi...ost&p=57653635) mentioning that the 0.65% will be charged every month as long as your card got payment transaction.

How come the caller can be so misleading? Is this plan as good as he claimed? Which is true???

Kindly help and enlighten us. Thank you.

thanks for your information... luckily i didn't subscribe this plan..

how come they hide this important message.. no wonder he mentioned it as statement balance.. he try to confuse me if I pay before due date has no premium..

i just get my one card.. what petrol rebate has been revised?

the agent who called is too tricky.. at first i thought it was just a call from UOB asking whether I am the legit owner.. then he direct to tell me benefit I entitled.. i was so shocked.. and ask if this is a plan or what.. then only i realized he tried to convince me to subscribe..

thank you so much for your information..

i'm happy to get 5% weekend for petrol.. too bad my area do not have BHPetrol..

can try go to Paradigm mall.. their booth there everyday open for quite some times already.

yea.. luckily i no subscribe.. if not trouble for me to call them to unsubscribe..

mine also 18 get first statement with cashback in statement.

more fast than CIMB..

UOB show direct in same statement so I just pay the remaining after deducting the cash back, statement on 18th direct show on statement.. CIMB take few days to appear.. normally after i already settled my full amount of statement... my cimb statement is 28th, normally i pay by 2nd/3rd but still no cash back appear.. UOB cash back better than cimb cash rebate

UOB statement showing me the total balance due after deducting the cash back, i pay accordingly to the statement balance only wor.. if impose me penalty, I will complain them.. btw, my UOB statement is on 18th

How can bank charge us penalty with no outstanding balance le??

This post has been edited by best.toaster: Jun 21 2016, 04:31 PM

don't scare me le... my maybank I pay after the rebate credit into my card then only i pay the balance.. since i gonna freeze this card, no need call bank to transfer the credit balance to my bank acc.. so far check from card is 0.00 outstanding balance.. my cimb so far actively using, so i normally pay in full statement... for what i think is the cash rebate credit like pay partially for me, i pay another to make into full amount.

This post has been edited by best.toaster: Jun 21 2016, 04:42 PM

like tat means cimb no good lo..

i better watch carefully on my maybank card as well..

what is UOB PayOnline? Any benefit using it to pay any merchant? I have a UOB Preferred Platinum and UOB One card.

i do not have UOB bank account? have any way to pay to card without using Giro?

thanks all.. so, the CIMB CR cannot earn any rebate using UOB PayOnline? How about POS Online?