UOB and American Express to launch the UOB Absolute Cashback American Express Card for consumers who want a cashback product that earns them cashback on all card spend.
The UOB Absolute Cashback Card is the first credit card by a local bank that offers customers cashback on all credit card spend, which includes those on insurance, school fees, hospitals, rent and wallet top-ups which are typically not eligible for rewards and cashback.
Customers can stretch their spending dollar with the UOB Absolute Cashback Card’s highest flat cashback earn rate of 1.7 per cent in Singapore, without having to worry about any spend exclusions, meeting a minimum spend requirement or having a cap on the cashback earned.
The new cashback product meets the needs of a growing segment of consumers who want a straightforward and fuss-free way to earn cashback on all transactions.
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