UOB One Card
Asked by Anonymous
Asked on 13 Nov 2019
I am new to UOB credit card and confused about the cash rebate bill redemption (which might have resulted in different rebate tiers per expectation). E.g if I spent $1100 on Oct, and on Oct statement, there is $150 cash rebate awarded that is used to offset the bill, hence I only need to pay $950 for Oct bill.
My question here is:
1) The transactional amount on Oct is $1100 or $950 (1100-150)?
2) Is it the same for other credit cards?
Thanks for your kind help.
The total amount spent on your card is $1,100. Since there is a cash rebate of $150, this amount is used to offset part of your bill. Accordingly, you will only need to pay $1,100 - $150 = $950 for your October’s UOB One credit card bill.
Depends. Most cash back cards work the same way, i.e. you will only need to pay the net bill (total spent minus cash rebate)
In any case, you may refer to the “total amount due” on your statement to ensure that you pay the correct amount for your bill.