QUOTE(kart @ Dec 11 2019, 10:31 AM)
Thank you very much for your quick update, cybpsych.
You may have been aware of it, but you can put the link for UOB Cashback terms and conditions in your post.
https://www.uob.com.my/web-resources/person...nc-2020-eng.pdf
Just as summarized by cybpsych, UOB Cashback revisions is considered as a downgrade.
No more cashback for JomPay transactions and Telecommunication transactions. So, we cannot use Yolo card to pay for our Maxis, Digi and Celcom mobile phone bills.
Minimum spending amount to get the maximum cashback of RM 30 per month = RM 30 / 5% = RM 600
Since the minimum spend for each of the Total Number of Transactions shall be RM 15, RM 600 / RM 15 = 40 transactions.
Since only one (1) transaction performed at the same participating merchant within the same day will be taken into calculation, to be absolutely sure of getting the maximum cashback of RM 30 per month, the UOB Yolo card users should spend RM 15 each, to 40 different merchants (for Online Spend, Dining Spend, and Contactless Spend), on the first day of each month. That is practically impossible in real life.
My calculation could be wrong, so please correct my mistake if my interpretation is wrong.
Based on my understanding, in order to get RM30 cashback, u just need to spend RM120 x 5 to get the cashback in any category. So boost 5 times then settleYou may have been aware of it, but you can put the link for UOB Cashback terms and conditions in your post.
https://www.uob.com.my/web-resources/person...nc-2020-eng.pdf
Just as summarized by cybpsych, UOB Cashback revisions is considered as a downgrade.
No more cashback for JomPay transactions and Telecommunication transactions. So, we cannot use Yolo card to pay for our Maxis, Digi and Celcom mobile phone bills.
Minimum spending amount to get the maximum cashback of RM 30 per month = RM 30 / 5% = RM 600
Since the minimum spend for each of the Total Number of Transactions shall be RM 15, RM 600 / RM 15 = 40 transactions.
Since only one (1) transaction performed at the same participating merchant within the same day will be taken into calculation, to be absolutely sure of getting the maximum cashback of RM 30 per month, the UOB Yolo card users should spend RM 15 each, to 40 different merchants (for Online Spend, Dining Spend, and Contactless Spend), on the first day of each month. That is practically impossible in real life.
My calculation could be wrong, so please correct my mistake if my interpretation is wrong.
This post has been edited by cucikaki: Dec 11 2019, 10:43 AM
Dec 11 2019, 10:42 AM

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