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Credit Cards UOB Credit Cards v8, YOLO feature change! Min 8 swipes p/m

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justanovice
post Feb 11 2018, 09:15 AM

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QUOTE(MGM @ Feb 11 2018, 05:18 AM)
Sorry mistake corrected.
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No problem bro, lol no need to be apologetic.. we are all here doing sharing for benefit of all smile.gif
atisha
post Feb 11 2018, 08:54 PM

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I notice there seems to be a lot of fuss on yolo cashback..Maybank AMEX card offers a better reward at the moment with its weekend 5% cashback on all goods..
fruitie
post Feb 11 2018, 09:30 PM

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QUOTE(atisha @ Feb 11 2018, 08:54 PM)
I notice there seems to be a lot of fuss on yolo cashback..Maybank AMEX card offers a better reward at the moment with its weekend 5% cashback on all goods..
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Yes, that's true but not every online transaction site (since we use YOLO mostly for online) accepts AmEx. I will maximize my AmEx every month.
Well, I tried to complete all on 1st day of the month, if that still doesn't guarantee cash back, I will not use anymore for online transactions cash back. laugh.gif
btan
post Feb 11 2018, 09:50 PM

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really less use uob now
kaiserreich
post Feb 12 2018, 11:16 AM

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QUOTE(justanovice @ Feb 11 2018, 01:08 AM)
Topup is excluded from the yolo swipe requirement as per t&c.
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You are saying
MCC 6012 is top up transactions

Per TnC, top up is excluded from swipe & Cashback.
correct?

Then bye.gif to YOLO. keep in drawer liao
putra23
post Feb 12 2018, 11:22 AM

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QUOTE(SzeMeng76 @ Feb 10 2018, 10:50 PM)
Swipe 9x RM1 on PTPTN portal.
and another 7x RM 5 maxis bills.
Let see I still can get the rebate on maxis bills or not.  hmm.gif

Try for fun, really want to see how early they will finished the cash back pool though  biggrin.gif
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What day did you swipe? 10 Feb?

This post has been edited by putra23: Feb 12 2018, 11:22 AM
SzeMeng76
post Feb 12 2018, 11:38 AM

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QUOTE(putra23 @ Feb 12 2018, 11:22 AM)
What day did you swipe? 10 Feb?
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Ya.
[revolution]
post Feb 12 2018, 01:59 PM

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guys, want to ask.

if lets say i have Rm1000 in my statement and i only pay rm50 minimum payment. Will my RM950 get charge finance charges or interest rate?

thanks for the clarification.
fruitie
post Feb 12 2018, 02:24 PM

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QUOTE(revolution @ Feb 12 2018, 01:59 PM)
guys, want to ask.

if lets say i have Rm1000 in my statement and i only pay rm50 minimum payment. Will my RM950 get charge finance charges or interest rate?

thanks for the clarification.
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Yes and your future transactions as well.
As in how is it calculated, I cannot confirm.
SUSDavid83
post Feb 12 2018, 02:24 PM

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QUOTE(revolution @ Feb 12 2018, 01:59 PM)
guys, want to ask.

if lets say i have Rm1000 in my statement and i only pay rm50 minimum payment. Will my RM950 get charge finance charges or interest rate?

thanks for the clarification.
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Of course will.
putra23
post Feb 12 2018, 02:45 PM

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QUOTE(revolution @ Feb 12 2018, 01:59 PM)
guys, want to ask.

if lets say i have Rm1000 in my statement and i only pay rm50 minimum payment. Will my RM950 get charge finance charges or interest rate?

thanks for the clarification.
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Financial charges on all transactions in that statement, which is RM1000. Calculated from beginning of statement cycle and not from payment due date. That's my experience from other banks, but I guess would be the similar for UOB. Bottom line, pay up all statement balances in time.
JuneResources
post Feb 12 2018, 09:35 PM

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QUOTE(SzeMeng76 @ Feb 10 2018, 10:50 PM)
Swipe 9x RM1 on PTPTN portal.
and another 7x RM 5 maxis bills.
Let see I still can get the rebate on maxis bills or not.  hmm.gif

Try for fun, really want to see how early they will finished the cash back pool though  biggrin.gif
*
If I'm not wrong, PTPTN portal is not eligible for cash back.
So it does not count for the swipe how many times.
SzeMeng76
post Feb 12 2018, 10:33 PM

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QUOTE(JuneResources @ Feb 12 2018, 09:35 PM)
If I'm not wrong, PTPTN portal is not eligible for cash back.
So it does not count for the swipe how many times.
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As per TnC

The following transactions shall not be included in the Total Number of Transactions:
a) Balance Transfer;
b) Cash Advance;
c) Flexi-Credit Plans;
d) Easi-Payment Plan purchases;
e) Refunded, disputed, unauthorized or fraudulent retail transactions;
f) Top-up transactions;
g) Payment of annual card membership fees, interest payments, late payment fees, charges for
cash withdrawals, goods and services tax and any other form of service / miscellaneous fees
using the Card; and
h) Such other transactions as UOBM may determine from time to time.

So PTPTN is in the eligible swipe for total transaction, just no cash back only.


kremlin
post Feb 12 2018, 11:14 PM

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QUOTE(revolution @ Feb 12 2018, 01:59 PM)
guys, want to ask.

if lets say i have Rm1000 in my statement and i only pay rm50 minimum payment. Will my RM950 get charge finance charges or interest rate?

thanks for the clarification.
*
Please do not try to do that.. as in paying minimum payment
vinn
post Feb 13 2018, 10:00 AM

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for UOB Yolo, if i spent rm650 1st day on the month then swipe 16x afterwards. am i still eligible for cashback?
cybpsych
post Feb 13 2018, 10:00 AM

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QUOTE(vinn @ Feb 13 2018, 10:00 AM)
for UOB Yolo, if i spent rm650 1st day on the month then swipe 16x afterwards. am i still eligible for cashback?
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nobody knows yet how the 16x count works. whether fcfs also or how.


QUOTE(cybpsych @ Dec 19 2017, 08:08 PM)
something to think about the new T&C. definitely nobody knows how it works, probably will take 1-2 months cycle to observe the behavior.

cashback pool is based on FCFS. what is the definition of FCFS then?

1) earliest to achieve 1st swipe? meaning the 16th swipe can be last day of the month? then all your transactions eligible to full cashback?

2) earliest to achieve 16th swipe? meaning all 16 swipes must be completed as early as possible to activate cb?

2a) if earliest to achieve 16th swipe (and activated cb), what will happen to later transactions? are those eligible for cb?

2b) does the 16th swipe is tracked by transaction or posting date? meaning, if you you swipe on 1st of the month, but somehow one merchant posted your 16th swipe very late, e.g. mid-late of the month, what will happen? is the cashback activated?

3) earliest to achieve 8th swipe first, but later can "upgrade" the cb tier with 16th swipe later?
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This post has been edited by cybpsych: Feb 13 2018, 10:02 AM
vinn
post Feb 13 2018, 10:02 AM

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QUOTE(cybpsych @ Feb 13 2018, 10:00 AM)
nobody knows yet how the 16x count works. whether fcfs also or how.
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alright, thanks for the prompt reply smile.gif
saitong09
post Feb 13 2018, 07:15 PM

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QUOTE(vinn @ Feb 13 2018, 10:00 AM)
for UOB Yolo, if i spent rm650 1st day on the month then swipe 16x afterwards. am i still eligible for cashback?
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To be secured, swipe 16x 1st week of the month after your rm650. High chances of getting the CB
STEVE75
post Feb 14 2018, 10:45 PM

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Hi, anyone received cb for Jan 18 ady?
fruitie
post Feb 14 2018, 11:00 PM

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QUOTE(STEVE75 @ Feb 14 2018, 10:45 PM)
Hi, anyone received cb for Jan 18 ady?
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Not yet.

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