Saving & Spending
UOB ONE Card cash rebate and the things we do.
By A Singaporean Stockmarket Investor (ASSI)  •  February 8, 2017
I was chatting with a friend and ASSI guest blogger this evening about credit cards. He told me he had to spend $1,000 each month on a credit card recently in order to get a $100 rebate at the end of the quarter. OK, I think most of you would have guessed which credit card this is. Yes, it is the UOB ONE card. Anyway, I have the same card but I make sure I spend only a bit more than $500 a month (together with 3 monthly GIRO payments) to get higher monthly interest income of about $100 on $50,000 deposited in my UOB ONE account. $1,200 a year and better than any fixed deposit can offer! Of course, I also get a $50 rebate for card spending at the end of each quarter. Back to the story. This friend of mine is actually very frugal. I would say that he is more frugal than I am......
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By A Singaporean Stockmarket Investor (ASSI)
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