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Anonymous

14 Jan 2020

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Credit Cards

How to interpret UOB One credit card Quarterly Statement cycle and spending cycle?

If my qualifying period for quarterly rebate is 1) Mar to May 2) Jun to Aug 3) Sep to Nov, Statement date is 18th of the month.
For March cycle, I should spend 18-Feb to 17-Mar or 18-Mar to 17-Apr?
Thanks in advance

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Pang Zhe Liang

14 Jan 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

In most cases, I start spending one day after the cycle date, i.e. 19 March to 18 April will be one cycle.

Furthermore, UOB One takes into account posting date instead of transaction date. Therefore, I will make my final spending on 11 April to avoid late posting, i.e. spillover to next month, and shortfall for current month.

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