UOB Preferred Platinum MasterCard credit card

Also available as Visa

UOB Preferred Platinum MasterCard

Enjoy 10% cashback on utilities, dining and online checkout, plus SMART$ Rebate of up to 10% with every swipe of UOB Preferred Platinum MasterCard.

  • 15% p.a. interest rate
  • 20 days interest-free period
  • up to 10% cashback
  • 7.77% p.a. balance transfer over 6 months
  • Easy Payment Plan (EPP)
  • RM198.00 annual fee
View product disclosure sheet.

Benefits

Because you should be rewarded for giving the bank your business

Cashback
Earn 10% cashback all day everyday on utilities, dining and online purchases, capped at RM50 per month. That's not all, for every RM1 spent at UOB SMART$ participating merchants, earn 1 SMART$ Rebates which is as good as cash!
Discover how much you can save when you shop with your new UOB Preferred Platinum MasterCard
Cashback CategoryCashback RateMonthly CapSpend
on utilities, dining and online checkoutSpendfrom RM1000 and above monthly10%RM50from RM1000 and above monthly
Balance Transfer
Enjoy low interest rates and flexible tenures up to 18 months when you transfer a minimum of RM1,000 credit card outstanding balance to UOB Preferred Platinum MasterCard.
Pay OverWith Interest Rate AtWhen You Transfer
6 months7.77% p.a. and no one-time upfront handling feefrom RM1000 
12 months7.88% p.a. and no one-time upfront handling feefrom RM1000 
18 months7.99% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about UOB Balance Transfer
Pay OverWith Interest Rate AtWhen You Transfer
6 months3.3% p.a. and no one-time upfront handling feefrom RM1000 
12 months6% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about UOB Fixed-Pay Balance Transfer
Easy Payment Plan (EPP)
Convert your purchases made at participating merchants with UOB Instalment Payment Plan to enjoy interest-free instalment for up to 36 months.
Pay OverWith Interest Rate AtWhen You Spend
6 months2% one-time upfront handling feefrom RM500 
12 months3% one-time upfront handling feefrom RM500 
18 months4% one-time upfront handling feefrom RM500 
Learn more about UOB Easi-Payment Plan
Pay OverWith Interest Rate AtWhen You Spend
12 months0% p.a. and no one-time upfront handling feefrom RM1000 
18 months0% p.a. and no one-time upfront handling feefrom RM1000 
24 months0% p.a. and no one-time upfront handling feefrom RM1000 
36 months0% p.a. and no one-time upfront handling feefrom RM1000 
Learn more about UOB Instalment Payment Plan

Fees & Charges

There are always fees but how much are they?

Annual Fee
RM198.00
Annual Fee for Supplementary Card
RM30.00
Sales and Service Tax
RM25 on each principal and supplementary card upon approval and anniversary date
Minimum monthly payment
RM50 or 5% of outstanding amount
Late payment fee
RM10 or 1% of outstanding amount, up to a maximum of RM100
Cash withdrawal fee
5.00% of withdrawn amount, whichever is higher
Interest Rate on Cash Withdrawals
18%
Contact-less Payment Methods
MasterCard PayPass

Requirements

Are you eligible for this credit card?

Minimum annual income
RM48000
Minimum age for primary card holder
21 years old
Who can Apply
Invitation Only

Features

Get some extra help from your credit card when you need it most

Easy Payment Plan
UOB Easi-Payment Plan
UOB Instalment Payment Plan
Easy payment plans (EPP) are great for large purchases that you want to pay off over a period of time.
Balance Transfer
UOB Balance Transfer
UOB Fixed-Pay Balance Transfer
Balance transfer allows you to consolidate debt from your other credit cards onto this card.

UOB Preferred Platinum MasterCard review

What's so good (or not so good) about it?

A preferred lifestyle begins with the right credit card. The UOB Preferred Platinum MasterCard is by-invitation only credit card that gives high cashback rate of 10%! Even more rewarding when you can turn SMART Dollar into cash.

10% Cashback

Earn a whopping 10% cashback when you spend every Ringgit within your UOB Preferred Platinum MasterCard credit limit on utilities, dining and online transactions. 

This cashback will be credited into your credit card account when you made a minimum transaction of RM1,000 in these categories:

  • Utilities: Standing Instructions with Maxis, Digi, Celcom, Astro, Telekom Malaysia and Tenaga Nasional Bhd
  • Dining: All restaurants and fast food places with MCC of 5812 and 5814
  • Online Checkout: Purchases made on Lazada, Paypal, Google, iTunes, Apple Store, Uber, Grab and Grab Taxi.

SMART$ Rebates

As if 10% cashback per se is not generous enough, UOB gives you more reasons to love this preferred lifestyle credit card. With the SMART$ Programme, which is a unique instant cash rebate program, you can offset your future payment with SMART Dollar. 

It is as good as cash; for every RM1 charged to your UOB Preferred Platinum MasterCard, you earn 1 SMART$ Rebate. So, if you have 100 SMART Dollar, you can use that to top up your payment on your next purchase. 

Watch out for merchants with the SMART$ logo at their store front when you are out shopping because this privilege only applies to participating outlets.

UOB Privileges

The best way to make the most out of your Preferred Platinum MasterCard is to frequently check on UOB Privileges webpage, where you can find a variety deals and discounts ranging from Retail, Dining, Travel & Lifestyle to Health & Beauty.

Gone are the days when discounts are restricted to the needy. Now you can enjoy even greater discounts when you spend more - of course as a token of appreciation.

Flexible Instalment Plans

Malaysia may have the most shopping malls in the Asian region, if not the world, but this credit card doesn't limit your shopping appetite. In fact, when you make retail purchases overseas, you can also enjoy a 0% easy payment plan for 3 months when you convert a minimum of RM3,000.

There are also merchant-approved Instalment Payment Plan that charges 0% interest for up to 36 months; and an Easi-Payment Plan that charges one-time upfront interest as low as 2% only!

In addition, you can also convert your children's tuition payment into a 12-month Education Instalment Plan at 0% interest. The maximum transaction should not exceed RM20,000 for this plan.

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