The UOB Preferred Platinum Visa has got to be one of the most versatile cards on the market. So long as the merchant accepts contactless payments (and doesn’t participate in the SMART$ scheme), you’ll earn 10X points (4 mpd) on the first S$1,110 of spending each month.
|The cap is officially S$1,000, but because of the way UOB calculates the bonus points, the actual cap in practice is S$1,110|
The ubiquity of contactless terminals means you can earn 10X pretty much anywhere (subject to UOB’s general rewards exclusions)- at the dentist, at NTUC FairPrice, at restaurants, at hotels, in department stores, you name it.
No more 10X for tapping the physical UOB Preferred Platinum Visa card
If you’re a UOB Preferred Platinum Visa cardholder, do note that UOB is making a small but important tweak to the T&Cs of the card.
From 22 May 2020, you’ll no longer earn 10X for tapping the physical card at contactless terminals. However, you’ll continue to earn 10X if you use mobile contactless transactions, defined as:
- Apple Pay
- Fitbit Pay
- Google Pay
- Android Pay (the same as Google Pay, really, but UOB lists them separately)
- UOB Mighty
This does not include transactions made through Samsung’s Magnetic Secure Transmission technology, or SimplyGo transactions performed at bus and train readers. The T&Cs are silent about whether NFC payments using Samsung Pay qualify, but in any case, Samsung phones support Google Pay, and past data points on HWZ state that 10X is also awarded.
|Update: A new version of the T&Cs explicitly includes Samsung Pay transactions (made via NFC)|
There isn’t a whole lot to be worried about here, really. Adding your UOB Preferred Platinum Visa card to your mobile wallet takes less than a minute, and it saves some space in your actual wallet.
Continue to earn 10X on selected online transactions with the UOB Preferred Platinum Visa
Most people know that the UOB Preferred Platinum Visa earns 10X on in-store contactless transactions, but fewer remember that you can also earn 10X points on selected online transactions:
|Department Stores and Retail Stores||4816, 5306, 5309, 5310, 5311, 5331, 5399, 5611, 5621, 5631, 5641, 5651, 5661, 5691, 5699, 5732-5735, 5912, 5942, 5944-5949, 5964-5970, 5992, 5999|
|Supermarkets, Dining and Food Delivery||5811,5812,5814, 5333, 5411, 5441, 5462, 5499, 8012, 9751|
|Entertainment and Ticketing||7278, 7832, 7841, 7922, 7991, 7996, 7998-7999|
This includes merchants like Deliveroo, Food Panda, Golden Village, Cold Storage (online transactions don’t earn SMART$, so it’s safe to use the card here), Qoo10, Lazada and more.
However, the 10X cap is shared with in-store contactless transactions, so it’s better to put cards like the DBS Woman’s World Card, Citi Rewards and OCBC Titanium Rewards on online spending duty, and save the UOB Preferred Platinum Visa’s 10X cap for in-store transactions.
No changes to the UOB Visa Signature
The UOB Preferred Platinum Visa isn’t the only UOB card to earn 10X on contactless payments- the UOB Visa Signature does so too.
The terms are a bit more complicated, however. To earn 10X, you’ll have to spend at least S$1,000 on contactless and/or petrol in a statement month (versus calendar month for the UOB Preferred Platinum Visa). The 10X points are capped at S$2,000 of spending per statement month.
As of the time of writing, there are no changes to the T&Cs of the UOB Visa Signature. You’ll continue to earn 10X on contactless transactions made with the physical card, subject to the minimum spending requirement.
If you’re still using the physical UOB Preferred Platinum Visa card, be sure to digitize it before 22 May 2020. The good news is that everything else is unchanged- this still remains one of the must-have cards for any miles collector.