The UOB PRVI Miles card recently cut its income requirement to $30,000 across the Visa, Mastercard and AMEX versions, making it accessible to anyone who qualifies for a credit card in Singapore.
Its earn rate of 1.4 mpd for local spending and 2.4 mpd for overseas spending makes it one of the highest earning general spend cards in Singapore, and assuming you can live with UOB’s rounding policy and 3.25% foreign currency exchange fee (one of the highest in the market), makes a good addition to your wallet.
For the past few months, UOB has been running an $80 cashback promotion for new PRVI Miles cardholders. That’s been replaced from 5 May with a new 10,000 welcome mile bonus for cardholders who spend S$6,000 within 3 months of card approval.
But with UOB being UOB, things aren’t that straightforward. This promotion is only available to the first 2,000 spenders who enroll via SMS and hit the qualifying spend. So in other words, you could do everything right and find out at the end of the period that you simply weren’t among the first 2,000 to do so. It’s the risk you take when you deal with UOB promotions.
The 2,000 spenders are split into two batches of 1,000, each with their own qualifying period:
- Qualifying period 1: 5 May- 15 June 2018
- Qualifying period 2: 16 June-31 July 2018
The safest way of getting your 10,000 bonus miles would be to sign up just as the qualifying period starts and spend $6,000 in a day. Which is kind of silly, but well…
Existing UOB PRVI Miles cardholders (defined as those who hold the card now, or within the last 6 months) are not eligible for the promotion. If you hold a different UOB card you can take part in this promotion, but your bonus is a much more meager 2,000 miles, with the same spending requirement. Have a read of the full T&C here.
Can I just point out one more thing that bugs me about how UOB markets this card? This:
It’s not accurate to say that you can redeem “miles” from over 40 partner airlines. UNI$ only transfer to KrisFlyer and Asia Miles. I get how they get the 40 airline figure- they’re saying that if you transfer to KrisFlyer you can redeem your miles on other Star Alliance carriers, and likewise for Asia Miles and oneworld, and together that’s more than 40 airlines. But what they should be saying is that you can redeem “flights” from over 40 partner airlines. Probably nitpicking on my part, but still.
A reminder that UOB’s very excellent PRVI Pay facility is still alive and well and available to cardholders of any version of the PRVI Miles card. This lets you buy unlimited miles at 2 cents each, which is useful for topping off your mileage balance for an award.
Remember that UNI$ are valid for two years, and spending $50,000 in a membership year with the UOB PRVI Miles AMEX version gets you 20,000 additional miles (in the form of UNI$10,000).