Benefits
0% interest for online application
Enjoy greater flexibility and freedom with instant access, as cash is conveniently transferred directly into your UOB Savings/Current without any additional instructions.
0% for 4 Months with no nominal fee
Offer valid till 31 October 2024.
How it works
Here's what you can expect based on a S$15,000 usage:
- 3 Options with
- Nominal Fee If your approved credit limit is
- Interest* payable with UOB CashPlus
- Interest* payable with other bank's Credit Card at 28% p.a.
- You Save 96% in interest
3 Options with | Nominal Fee If your approved credit limit is |
Interest* payable with UOB CashPlus | Interest* payable with other bank's Credit Card at 28% p.a. | You Save 96% in interest | |
UOB CashPlus (Select one) | S$30,000 and below | above S$30,000 | |||
0% p.a. for 4 months (EIR 0% p.a.) Apply now |
S$0 | S$0 | S$1,050 | S$1,050 | |
0% p.a. for 6 months (EIR 3.34% p.a.) Apply now |
S$160 | 1.60% | S$2,100 | S$1,940 | |
0% p.a. for 12 months (EIR 3.30% p.a.) Apply now |
S$300 | 3.00% | S$4,200 | S$3,900 | |
*Interest is calculated daily by multiplying the daily outstanding balance by the annual rate that is divided by 365 days. Note: • If no minimum payment is made by the due date, default interest rate of 29.98% p.a. will apply from a day after the due date until minimum payments are made. This will be applicable for four (4) consecutive months on the outstanding amount. Thereafter, the interest rate shall revert to the promotion/ prevailing interest rate. • The applicable Promotional Interest period (e.g., 3, 6 or 12 months) will commence on the date on which your Application is approved. Please refer to the date of SMS notification for the CashPlus approval date. UOB will not entertain any appeals of interest charges for account usage after the applicable Promotion Interest period has expired. • Credit limit is subject to the approval of the bank. Terms and Conditions: Promotion is offered exclusively to new UOB CashPlus Account customers who have successfully signed up for UOB CashPlus Account between 1 October 2024 to 31 October 2024 via Myinfo application form. This promotion is only available for online applications. For full Terms & Conditions, click here. |
10% cashback on UOB CashPlus Visa Card
- 10% cashback on all purchases.
- Up to 10% UOB$ cashback^ at participating merchants. Don’t have a UOB CashPlus Visa Card? Download a form here
Offer valid till 31 December 2024
Things you should know
Eligibility
- Singapore Citizen or Permanent Resident
- 21 years old and above
- Minimum annual income of S$30,000 is required
Fees & Charges
Items | Data Shared |
Prevailing interest rate For customers with Annual Income of $30,000 and above |
20.9% per annum (subject to a minimum charge of S$10.00 per month), calculated on a daily basis, from the date of transaction until the outstanding is paid in full (if at least minimum payment is made). |
Prevailing interest rate For customers with Annual Income of less than $30,000 |
24% per annum (subject to a minimum charge of S$10.00 per month), calculated on a daily basis, from the date of transaction until the outstanding is paid in full (if at least minimum payment is made). |
Default Interest – No minimum payment is made | If no minimum payment is made by the due date, the default interest rate shall be 29.98% per annum or such rate as may be fixed by the Bank from time to time, calculated on a daily basis, from a day after due date until minimum payments are made in full for four (4) consecutive months on the respective payment due dates in the monthly statement. Thereafter, the interest rate shall revert to the prevailing interest rate. |
Minimum monthly payment | 2% of outstanding balance or S$30, whichever is higher, plus any overdue amounts. |
Late payment charges | S$120 if minimum payment is not received by due date. |
Annual membership fee | S$120 per annum (waived for the 1st year). |
Over-limit fee | S$50 |
Cheque Issuance Charge1 | S$0.75 per SGD cheque issued |
Stop Cheque Payment | S$30 per cheque |
Return Cheque | S$40 per cheque |
Replacement of UOB ATM Card | S$5 |
Request Past Statement |
|
Fees for foreign currency transactions | For UOB CashPlus Visa Card, all transactions in foreign currencies will be subject to an administrative fee of 3.1%. |
International processing fee | For UOB CashPlus Visa Card, transactions made in SGD and processed outside Singapore using Visa will be subject to a fee of 1% of the transaction amount. |
Payment hierarchy | If the outstanding is not paid in full, the payment received is first applied to repaying all outstanding balances or accrued interest with the highest interest rate. |
Lost / stolen card liability | S$100 (For details, refer to clause 9 of ABS Guide on "What Should Know About Credit Cards" using the following hyperlink https://abs.org.sg/docs/library/abs_creditcards_english.pdf |
1This charge will be waived if the primary/main UOB accountholder is 60 years old and above at the time of cheque presentment. This waiver is temporary and will cease by the end of 2025.
Note: The prevailing interest rate and default interest rate are subject to compounding if the monthly interests are not paid in full.
Terms & Conditions
Credit limit is subject to approval. Get up to 6x your monthly salary or S$200,000, whichever is lower, if you earn above S$10,000 a month. Or up to 4X your monthly salary if you earn between S$2,500 to S$10,000 a month.
Terms and Conditions Governing UOB CashPlus
Terms and Conditions Governing UOB CashPlus Visa Card
Terms and Conditions - 10% cashback on UOB CashPlus Visa Card Promotion
Terms and Conditions - UOB CashPlus Online 0% Interest Promotion
Terms and Conditions - UOB CashPlus up to $200 cash rebate Promotion (For selected customers only – CP50)
Terms and Conditions - UOB CashPlus 50% interest rebate Promotion (For selected customers only – cpcash)
Frequently asked questions (FAQs)
UOB CashPlus
What are the documents required if I don't wish to apply via online application?
For salaried employees:
- NRIC (front and back) and
- Image of your specimen Signature that is clear and upright and
- Latest billing proof (within the last 6 months) as per your local home address (e.g. telephone or utilities bills, etc) if differs from address in NRIC and
- Income documents (any of the following)
- Latest 12 months' CPF Contribution History Statement or
- Latest Computerised Payslip (Fixed income earner with Basic Salary = S$2,500) / Latest 3 months' Computerised Payslip (Variable Income earner with Basic Salary < $2,500) or
- Latest Income Tax Notice of Assessment^ + Latest 12 months' CPF Contribution History Statement* or
- Latest Income Tax Notice of Assessment^ + Latest Computerised Payslip (in Singapore Dollar currency)
^Print your Income Tax Notice of Assessment via https://mytax.iras.gov.sg with your Singpass or IRAS PIN.
For self-employed applicants:
- NRIC (front and back) and
- Image of your specimen Signature that is clear and upright and
- Latest Income Tax Notice of Assessment^
^Print your Income Tax Notice of Assessment via https://mytax.iras.gov.sg with your Singpass or IRAS PIN
For commission-based employees:
- NRIC (front and back) and
- Image of your specimen Signature that is clear and upright and
- Latest Income Tax Notice of Assessment^
^Print your Income Tax Notice of Assessment via https://mytax.iras.gov.sg with your Singpass or IRAS PIN
How much credit will be granted?
A credit line of up to 6x your monthly salary or S$200,000, whichever is lower, if you earn above S$10,000 a month, or up to 4X your monthly salary if you earn between S$2,500 to S$10,000 a month will be granted upon approval of application.
How do I access my credit line?
Simply access cash via UOB Personal Internet banking, UOB branches, ATMs, UOB CashPlus chequebook, or UOB CashPlus Visa Card.
Credit balances in your UOB CashPlus account will be drawn down first before your credit line is utilised. And upon payment to your UOB CashPlus account, your credit line will be reinstated.
How may I obtain a permanent increase in my credit limit?
Click here for details.
How does the UOB ATM Card or UOB CashPlus Visa Card work?
Your UOB ATM Card / UOB CashPlus Visa Card is linked to your UOB CashPlus account. You can withdraw cash at local ATMs and at over 877,000 ATMs worldwide.
Are there any charges for cash withdrawal using my UOB ATM Card or UOB CashPlus Visa Card?
Cash withdrawal is absolutely free at all UOB ATMS in Singapore, Malaysia, Indonesia and Thailand.
Cash withdrawal is also free at locally shared ATMs with OCBC.
Cash withdrawals from ATMs on the VISA Global ATM Network carry a nominal charge of S$5 per transaction.
What should I do if I lose my UOB ATM Card or UOB CashPlus Visa Card?
You should call our UOB Call Centre immediately 24-hour, toll-free at 1800 222 2121. We will cancel your lost card, and issue you a new one. However, a S$20 replacement fee applies.
Are there charges for issuing UOB CashPlus cheques?
From 1 November 2023, SGD cheque issuance from UOB CashPlus will be charged S$0.75 per cheque.
There is a handling fee of S$40 for every returned cheque, and S$30 for each stop cheque payment instruction.
For total peace of mind, you may check your current available balance simply by accessing your UOB CashPlus account via UOB Personal Internet Banking or phone banking.
What happens if I run low on cheques?
UOB will automatically mail you a new UOB CashPlus cheque book when you have 10 cheques remaining in your cheque book. If you would like to request for a new cheque book, just visit your nearest UOB Group Branch. You may also use our phone banking service to request for one.
What if I lose my UOB CashPlus cheque book?
You should call our 24-hour UOB Call Centre at 1800 222 2121 immediately to place a stop payment on your cheque(s) so as to prevent fraudulent use, and arrange for an immediate replacement of your cheque book. Please note that a service charge of S$30 will be levied.
How is the UOB CashPlus interest calculated?
Interest is calculated daily by multiplying the daily outstanding balance by the annual rate that is divided by 365 days. The total interest will be reflected in your monthly Statement of Account.
Interest will continue to incur until repayment of the full amount into the UOB CashPlus account. Kindly note a minimum interest charge of S$10 per month applies.
How much do I have to pay monthly?
You may choose to service only the minimum amount payable stated in your monthly Statement of Account. The minimum sum payable is calculated based on the following table:
Outstanding amount | Minimum Sum Payable |
Less than S$30 | No payment required |
S$30 - S$1,500 | S$30 |
More than S$1,500 | 2% of current balance plus any overdue amounts |
Kindly make your payment in Singapore dollars.
If you wish to check the exact outstanding amount payable, you may call us at 24-hour, toll-free at 1800 222 2121. Our friendly customer service officers will be happy to assist you.
How do I make repayments?
Repayments are to be made to your 10-digit UOB CashPlus account. Here are some ways you can make repayments:
- Funds Transfer* to UOB CashPlus account via UOB Internet Banking or UOB TMRW app with a UOB Savings/Current account
- Funds Transfer* to UOB CashPlus account at any UOB ATMs islandwide
- Via GIRO - Minimum Payment Amount will be deducted on due date. You can download and print the application form here.
- Via Cash - Cash payment is accepted at any of our local branches or Cash Deposit Machines. Please allow at least one working day for your UOB CashPlus Account to be credited when cash payment is made.
*Funds transfers performed after 10pm or on a Sunday and public holidays will be reflected as the next business day’s transaction in your account statement.
What can I use UOB CashPlus for in Internet Banking?
- Make immediate and scheduled funds transfers of up to two years, to your UOB accounts, third-party accounts or other bank accounts
- Make immediate and scheduled bill payments of up to two years, to over 80 billing organisations (SingTel, M1, StarHub, SP Services, Town Councils, country clubs, etc)
- Enquire about your cheque payments
- Add a GIRO Arrangement…… and many more
Are there exclusions to the acceptance of PayNow for CashPlus?
With effect from 3rd Nov 2023, PayNow transfers to the registered PayNow proxies of the following entities will not be allowed if UOB CashPlus is the source of funds for such transfer:
- Singapore Pools (Private) Limited
- Marina Bay Sands Pte Ltd.
- Resorts World At Sentosa Pte. Ltd.
Why is my credit balance in my UOB CashPlus transferred to my other UOB deposit account / issued to me via Cashier's order?
Credit balances exceeding S$50,000 in the UOB CashPlus account will be refunded via funds transfer to any of the Customer’s banking account(s) with the Bank or Cashier's Order on a monthly basis. Please refer to clause 5.3 of Terms and Conditions Governing UOB CashPlus.
UOB CashPlus Visa Card
What is a UOB CashPlus Visa Card?
UOB CashPlus Visa card is a new add-on usage mode for our customers to make payment for things in shops or online. You can also use it to withdraw cash at over 877,000 ATMs worldwide.
What benefits will I enjoy with this UOB CashPlus Visa Card?
You will earn 1.5% cashback on all everyday purchases with the UOB CashPlus Visa Card and the maximum cash rebate is capped at S$50 per month.
There is no minimum spend amount required before you can qualify for the cashback. Any cash rebate earned in your current month's statement will be automatically credited to your following month's statement.
Plus, you are entitled to enjoy UOB Cards offers at over 1,000 merchants when you pay with the UOB CashPlus Visa Card.
I currently hold a UOB CashPlus account, how do I apply for the UOB CashPlus Visa Card?
Please call our 24-hour, toll-free hotline at 1800 2222 2121 to request for a UOB CashPlus Visa Card or download a form here
What are the requirements for a UOB CashPlus customer to get a UOB CashPlus Visa Card?
You must have a UOB CashPlus account; annual income of at least S$30,000 and above and age 21 and above.
More information available at this link: https://www.uob.com.sg/personal/borrow/personal-financing/cashplus.page
When and who will be issued the new UOB Visa Card?
For new UOB CashPlus accounts approved from 15 November 2015, all customers with annual income S$30,000 and above will be issued a UOB CashPlus Visa Card.
For customers with annual income less than S$30,000, they will be issued with an ATM card.
For application, please visit https://uniservices1.uobgroup.com/secure/forms/cashplus.jsp
How do I calculate the cash rebate amount awarded to me?
Cashback will only be awarded for Point-of-sales (POS) and online transactions made on your UOB CashPlus Visa Card (capped at S$50 per month*, credited to your account in the following month).
See illustration below:
Description | Amount Used | Cashback 1.5% (Capped at S$50 per month) |
Giant Online | S$200 | S$3.00 |
Cash Withdrawal | S$300 | - |
Cheque | S$1000 | - |
Robinson | S$300 | S$4.50 |
Shell | S$150 | S$2.25 |
Total Cashback Credited | S$9.75 |
Description | Amount Used | Cashback 1.5% (Capped at S$50 per month) |
Giant Online | S$200 | S$3.00 |
Cash Withdrawal | S$300 | - |
Cheque | S$1000 | - |
Robinson | S$380 | S$5.70 |
Shell | S$150 | - |
NTUC | S$280 | S$4.20 |
Best Denki | S$1,500 | S$22.50 |
Watson | S$80 | S$1.20 |
Online Fund Transfer | S$2,00 | - |
Agoda.com | S$1,850 | S$27.75 |
Total Cashback | S$64.35 | |
Total Cashback Credited | S$50.00* |
How much can I charge to my UOB CashPlus Visa Card?
You can charge up to the available credit limit on your UOB CashPlus account. The same limit will be applicable for your POS transactions, ATM withdrawals, cheque usage, online fund transfers and bill payments.
Do I earn the UOB$ on UOB CashPlus Visa Card?
Yes. UOB CashPlus Visa Card allows you to earn UOB$ cashback at UOB$ participating merchants. UOB$ can be used to redeem at any UOB$ merchants in subsequent transactions, for the total price of the UOB CashPlus Visa Card transactions on shopping, dining and entertainment.
Will I earn both UOB$ and cashback?
No, cashback will not be awarded on transactions at UOB$ merchants.
Will there be interests charged to my retail purchases with UOB CashPlus Visa Card?
Yes. As long as there’s an outstanding balance on your UOB CashPlus account, the same prevailing interest rate (20.9% p.a.) is applicable and interests will be calculated on daily basis, based on the outstanding principle amount at the end of each day. A minimum interest charge of S$10 per month will apply if there’s any outstanding debit balance within the month.
Can I use my UOB CashPlus Visa Card for overseas transactions?
Yes, you must first activate the overseas usage feature on your UOB CashPlus Visa card to enjoy the point-of-sale (POS) functionality overseas. To activate/de-activate please visit www.uob.com.sg/overseas.
Is there a limit to the amount that can be charged to my UOB CashPlus Visa Card?
Yes, there is a daily spending limit of S$2,000 on your UOB CashPlus Visa Card.
Can I increase my Visa daily limit for UOB CashPlus Visa Card?
Yes, you can adjust your Debit Card spending limit with any one of the following methods:
- UOB TMRW app
Step-by-step guide:- Tap on 'Accounts'
- Select your Debit Card
- Tap on 'Settings'
- Select 'Set Debit Card Limit'
- UOB Debit Card Daily / Monthly Limit Form
Complete and send us the UOB Debit Card Daily/Monthly Limit Form.
Click here to download the form or you can request a copy by calling us at 1800 222 2121 or visit our branches.
You might be interested in
Personal Loan
Extra help, extra fast approvals. Secure the financial boost you need with rates as low as 2.88% p.a. (EIR from 5.43% p.a.)
Balance transfer
Enjoy instant cash at 0% interest and low one-time processing fees across flexible tenors of 3, 6 or 12 months.
Debt Consolidation Plan
Enjoy interest rates from 4.50% p.a. (EIR 8.22% p.a.), with the flexibility to select your preferred tenor of up to 8 years.
Other services
Credit Limit Review
Enjoy greater financial flexibility to do the things you love and maximise the benefits on your UOB Credit Card and/or UOB CashPlus with a hassle-free credit limit increase application.
CreditSure Plus
A credit life insurance protection plan under a group term protection scheme designed to pay off the outstanding balances on you UOB Cards and/or CashPlus account, should misfortune happen.
CashPlus Visa Card
Access cash easily and spend at millions of merchants worldwide, online and offline.