UOB ONE Card - UOB Visa payWave Promotion

Earn up to S$600 in annual cash rebates on everything you buy, every time, everywhere including your 0% Instalment Payment Plan purchases

I hold the UOB ONE card that comes equipped with Visa payWave technology.  This card earns 3.33% cash rebate per quarter and the cardholder can receive up to S$600 in annual cash rebates.  Here's how it works:

Min Requirement	Purchases made with UOB ONE Card			Rebates Earned
Statement date	8-Mar	8-Apr	8-May	8-Jun
Total minimum monthly spend	S$1,500	S$1,500	S$1,500	S$150
	S$ 800	S$ 800	S$ 800	S$ 80
	S$ 300	S$ 300	S$ 300	S$ 30
Minimum number of purchases per statement period	3	3	3

Earlier this week, i got to know about the get up to S$50 UOB Visa payWave promotion which runs from 1 Aug to 30 Sep 2012:

• Every Visa payWave transaction gives you a cash reward of S$1 (up to S$20).
• Enjoy a 10% rebate on your total Visa payWave spend (up to S$30).
• The top 10 Visa payWave users with the highest Visa payWave spend will also receive a Samsung GALAXY S III phone each.
• Transactions must be charged to the first five thousand (5,000) Eligible Cardmember's UOB ONE card or UOB Direct Visa payWave Card ("Eligible Cards") during the Promotion Period and such transaction must be the first five thousand (5,000) transactions which is successfully transacted by such card and captured into UOB's system.
• The total Cash Gift will be credited to the Qualified UOB ONE card account or Deposit Account linked to the Qualified UOB Direct Visa PayWave Card on or before 31 December 2012 or such other date as shall be decided by UOB at its absolute discretion.

How does the promotion work?

Date of Transaction	Visa payWave Transaction	No. of Transactions	payWave Amount
1 Aug 2012	Burger King	1	S$5
	Watson's	1	S$20
15 Aug 2012	Shop N Save	1	S$80
	Golden Village	1	S$10
	G2000	1	S$50
Total		5	S$165
Cash Gift Earned		S$5	S$16.50
		(5 x S$1)	(10% x S$165)
Total Cash Gift Earned			S$21.50

Moreover, the UOB ONE card is also eligible for the UOB SMART$ programme where the cardholder get SMART$ rebate from participating merchants.  SMART$ work just like regular S$ which can be used to offset your next purchase at any SMART$ outlet.  However, do note that the SMART$ is valid only for six (6) months from its issuance.