facebookIs there penalty for cancelling my UOB credit cards within 6 months of issue? - Seedly

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Anonymous

03 Sep 2022

Credit Cards

Is there penalty for cancelling my UOB credit cards within 6 months of issue?

Hi everyone! I applied for UOB lady's card and UOB preferred platinum visa, however did not use them for a couple of months now as Im using other cards for monthly spend. I thought to cancel, and called UOB hotline to ask if I will incur any penalty for cancelling my cards without using them & within 6 months of issue, they mentioned they are not able to advise and will call me back. BUT they never did (happened 3 times).

does anyone know if I can just go ahead to cancel both cards, without any penalty or incurring any fees? I didnt sign up using any new sign-up promo btw.

Thanks for your advice if you could help!

Discussion (3)

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You should call UOB again to confirm.

Since you signed up for the cards without using any promotion, there should not be any issue with cancelling. Plus you may see a UOB card which you like 12 months after cancellation and may even get a greater sign-up gift (with new-to-bank status)?

thefrugalstudent

04 Sep 2022

Founder at thefrugalstudent.com

Off the top of my head, if you didn't sign up for any rewards, I dont think there will be any fees o...

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