SINGAPORE (20 July): More than a million United Overseas Bank (UOB) One credit and debit card members can earn the highest rebates in Singapore when they use their UOB One Card for necessities, such as groceries and other household essential items.

This comes after UOB enhanced its UOB One Card rebate programme and deepened its alliance with Dairy Farm Singapore Group (DFSG).

UOB One Credit cardmembers can now earn up to 10% cash rebates for all purchases made at any of DFSG’s physical and online stores, including Cold Storage, Giant, Guardian and 7-Eleven.

The enhanced UOB One Card rebate programme will also benefit UOB One Debit cardholders, who can now earn 3% rebates on groceries, health and beauty products at DFSG stores with a minimum spend of $500 per month. 

The enhanced rebate rate for purchases made at DFSG stores adds to the UOB One Credit Card’s existing privileges, including rebates for other everyday expenses, such as paying for Grab rides and food delivery and home utility bills.

 

Ms Choo Wan Sim, UOB’s Head of Payments and Cards in Singapore, said groceries have been one of the fastest-growing spending categories since COVID-19 safe distancing requirements were enforced.

“From January to May of this year, UOB cardmembers spent 55 per cent more on groceries compared with the same period last year. For online groceries, they spent 78 per cent more… Among UOB One Cardmembers for example, groceries has been among their top five spending categories since 2017. This year, it moved into the top three.” Ms Choo said.