Introduction to UOB Absolute Cashback card
With the pandemic running rampant, and recreational travel at a standstill, the necessity for miles card has diminished. This could be the rationale for the recent launch of the UOB absolute cash back credit card.
At this time of writing, at 1.7%, this is about the highest cash back in Singapore!
In this article, you'd see pros and cons and how to apply one for yourself.
Eligibility Criteria
There are some eligibility requirements :
The minimum age to apply is 21 years old
You should have a minimum annual income of $30,000. (This works out to be $2,500 a month of salary.) If you have a fixed deposit of at $10,000 you are eligible to apply too.
However, if you are not a Singaporean citizen or Permanent citizen, the requirements are slightly higher.
UOB Absolute Cashback vs UOB one card
Cardholders will receive a 1.7% cash back on ALL transactions, with no minimum spend....