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United Overseas Bank Launches The UOB Visa Platinum Business Card

The First Platinum Business Card in Southeast Asia for Small and Medium-Sized Enterprises that comes with an attractive interest rate of 8% per annum

• A personal concierge service
• Access to prestigious spa and golf clubs
• Free golf games
• Dining privileges at top restaurants
  

UOB's First Vice President and Head of Card Centre, Ms Janice Ang said, "UOB has upped the ante in the credit card market with the launch of the first platinum business credit card. The UOB Visa Platinum Business Card comes with an attractive interest rate of 8%, benefits which were specially put together to give greater financial flexibility to businesses, as well as platinum privileges that cater to the business and entertaining needs of SMEs."

"As the market leader in SME loans, we recognize the unique and growing needs of SMEs and are constantly exploring new and innovative products that can provide a superior business solution for SMEs."

Michael Cannon, General Manager, Commercial Solutions for Visa Asia Pacific said, "The SME sector represents a huge growth opportunity of nearly US$100 billion in Singapore. Our data shows that the average annual spend on a Visa Business Card is three times as high as a classic consumer card. We are delighted that UOB is the first member to launch the Visa Platinum Business Card in Southeast Asia."

Welcome offer
New cardmembers will enjoy a 1^st year fee waiver and free 5 year membership to The Legends Fort Canning Park.

New members can also enjoy a special offer on the latest Blackberry 7100g for just S$488.

(Terms and conditions apply)

About United Overseas Bank
UOB is a leading bank in Singapore that provides a wide range of financial services through its global network of 385 branches, offices and subsidiaries in 18 countries and territories in Asia-Pacific, Western Europe and North America. It has banking subsidiaries in Singapore, Malaysia, Indonesia, Thailand and the Philippines.

UOB is focused on enhancing its leadership in the consumer market and is today, the largest credit card-issuing bank in Singapore with a card base that exceeds 980,000. It has more than a decade of experience in Commercial Card programmes and is today the largest Visa Commercial Card issuing bank with a cardbase of 45,000 cards.

For more information on UOB, visit www.uobgroup.com

About Visa in Asia Pacific
In Asia Pacific, Visa has a greater market share than all other payment card brands combined with 62 percent of all card purchases at the point of sale being made using Visa cards. There are currently 238 million Visa-branded cards in the region. In 2004, US$475 billion was spent at point of sale or withdrawn from ATMs in
Asia Pacific using Visa cards. Visa Asia Pacific's Internet address is
www.visa-asia.com.

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