UOB Preferred Platinum is a credit card by UOB that comes with fantastic dining privileges and a complimentary access to Plaza Premium Lounges. The card provides the users with the lifestyle that they desire alongside amazing deals on travelling, hotels and restaurants.
The card is tagged along with a complimentary supplementary card.
The card comes with the balance transfer feature that allows a user to transfer balance onto his UOB Preferred Platinum Card from other bank credit cards.
The 0% Instalment Payment Plan (IPP) allows a user to pay for his purchase in up to 36 months’ tenure at a rate of 0% p.a.
The card also comes with a feature that lets the user exceed his credit limit depending upon their needs.
Another notable feature this card possesses is auto bill payment that is a convenient way to pay the bills with a standing instruction.
The Flexi Credit Plan associated with the card gives the user a financial freedom with low interest rates and easy repayment plans.
The card also lets you withdraw instant cash anywhere, anytime.
The user can enjoy VIP access to Plaza Premium Lounge 6 times a calendar year with his UOB Preferred Platinum Card.
The cardholder can earn up to 3x UNIRinggit with every RM1 spent on overseas retail purchase.
The card comes with a UOB SMART$ rebate scheme that earns the cardholder cash rebate at dining, gadgets, jewellery, clothing and many more at participating merchants.
The card also provides the user with a 0% Interest Education Instalment Plan.
The cardholder can opt for an Easi-Payment Plan (EPP) that lets the cardholder convert his purchases into easy monthly instalments at a low rate of 2% p.a.
The card comes with a Credit Shield that protects the cardholder’s financial obligation in cases of unforeseen circumstances.
The cardholder can get 10x UNIRinggit with bookings of hotel rooms via Kaligo.com.
The card comes with a range of amazing travel deals that gives the cardholder various discounts on rooms, dining, and shopping with Hotels.com, Expedia, Resorts World Sentosa among many others.
The services this card provides is topped with promotions that the bank releases time to time that include holiday packages, further discounts on hotels, offers on dining and many more.
Age requirement for the applicants of the principal card: 21 years or above
Age requirement for the applicants of the supplementary card: 18 years or above
This card is available through invitation only.
Fees and Charges
Types of Fee
Annual fees – Principal card
The annual fee for the principal card is RM209.88 p.a. and that of the supplementary card is RM31.80 p.a.
Minimum monthly repayment
A minimum amount of RM50 or at least 5% of the total amount due, whichever is higher
Finance charge on retail purchases
Finance charge on the retail purchases ranges from 15%-18% p.a. and it will directly be based upon the way of repayment in last 12 months.
Finance charge on cash advance
18% p.a. will be charged on the cash advance
Late payment charges
A minimum amount of RM10 or a stable rate of 1% of the total amount due, whichever is higher (Capped at RM100)
Cash advance fee
5.3% of the cash advanced or at least an amount of RM21.20 will be charged for every cash withdrawal
Overseas transaction conversion fee
All the transactions carried out overseas in other than Malaysian Ringgit are converted into Malaysian Ringgit at an exchange rate determined by MasterCard Worldwide’s currency conversion rate on the day of the transaction with an addition of 1% such fee charged by the bank.
Card replacement fee
RM50 will be charged per replacement of the credit card