#Weddingbanquethack All couples looking to book your wedding venue or have already booked, this is for you.
I'm sure you all know the mechanics of the UOB one card. To hit the maximum tier of 5% cash rebate, you need to spend $2,000 every month, for 3 months in a row. There is also a minimum transaction of 5 per month.
For everyday spend, hitting $2,000 is quite insane hence I never considered this card until recently when I confirmed my wedding venue. I checked with my wedding coordinator if I could make monthly payments for my banquet and to my delight, it is possible.
I am making 5 monthly payments every month of $400 each to hit the $2,000 spend and 5 transactions a month. I have gotten my first 5% rebate recently! The opportunity cost of paying the $2,000 every month is obviously that you can't use it for investment etc but getting 5% rebate should cover the potential returns if you invested the $2,000 instead.
If you are a UOB one account user, this hack is even better for you (sadly I am not) hence hopefully this helps!!