- Customer of United Overseas Bank (Thai) Public
Company Limited (“the Bank”) applying
for UOB Privilege Reserve, UOB Privilege Banking
from 1 April 2024 – 30
June 2024
must meet the following conditions set forth by
the
Bank:
The condition to apply for UOB Privilege Reserve/ UOB Privilege Banking is as follows:
- For applying for UOB Privilege Reserve member, on the application date, customer must have deposit amount or investment amount or deposit amount combined with investment amount 50 million baht or more, and must maintain such balance for 4 consecutive calendar months from the month of application. or purchase life insurance and/or Unit-linked life insurance with annual premium of 5,000,000 baht or more or purchase Single Premium life insurance at the amount of 50,000,000 baht or more through the Bank, and pay a premium for the first year in the year of applying for a member. The customer does not cancel the insurance policy during free look period, provided that, the name of insured must be same as the name of UOB Privilege Reserve member.
- For applying for UOB Privilege Baking member, on the application date, customer must have deposit amount or investment amount or deposit amount combined with investment amount 10 million baht or more, and must maintain such balance for 4 consecutive calendar months from the month of application. or purchase life insurance and/or Unit-linked life insurance with annual premium of 1,000,000 baht or more or purchase Single Premium life insurance at the amount of 10,000,000 baht or more through the Bank, and pay a premium for the first year in the year of applying for a member. The customer does not cancel the insurance policy during free look period, provided that, the name of insured must be same as the name of UOB Privilege Banking member.
- Customers must have a mutual fund account with UOB Asset Management (Thailand) Company Limited through the Bank or open a mutual fund account with UOB Asset Management (Thailand) Company Limited through the Bank on the date of application or within 30 days after receiving SMS for confirming your membership from the Bank.
- Customer must apply for or upgrade credit card, and
has a spending as follows:
- For UOB Privilege Reserve member, customer who applies for UOB Infinite Privilege Reserve credit card or upgrades credit card to be UOB Infinite Privilege Reserve credit card. Customer will receive cash back amount of 10,000 baht when having an accumulated spending by UOB Infinite Privilege Reserve credit card from 10,000 baht within 4 calendar months including sign up month.
- For UOB Privilege Banking member, customer who applies for UOB PRIVI Miles Privilege Banking credit card or upgrades credit card to be UOB PRIVI Miles Privilege Banking credit card. Customer will receive cash back amount of 6,000 baht when having an accumulated spending by UOB PRIVI Miles Privilege Banking credit card from 6,000 baht within 4 calendar months including sign up month.
- Cash Back for the total amount of spending from
1st till 3rd
calendar month including to the month of account
opening according to clause 3.1,
3.2 Customer will receive cash back
amount of 100 baht every spending
amount of 10,000 baht by UOB credit card. The
maximum of cash back is specified in
Table A.
Table A. Maximum Cash Back
Account
Type
Total Asset Under Management
Maximum Cash Back
Total Maximum
Cash Back
(From the 1st – 3rd month)
Welcome Bonus
Cash Back
Every THB 10,000 Segment Credit Card spending receive Cash Back THB 100
Privilege Reserve
THB 50 Million and above
THB 10,000
Cap THB 20,000
THB 30,000
Privilege Banking
THB 10 – 49.99 Million
THB 6,000
Cap THB 12,000
THB 18,000
- The total amount of spending according to clause 4 can be counted with the total amount spending by UOB debit card.
- Calculation of accumulated spending for credit cash back excludes installment payments (IPP conversion) or UOB Customer Care or UOB Pay Anything or spending at gasoline station or utility-related spending or education-related spending or insurance-related spending or investment-related spending (such as purchase of mutual funds, Unit Linked and bonds) spendings.
- The Bank will credit cash back into the customer's main credit card within 60 days after the 3rd calendar month that spending via UOB credit cards under the conditions set forth by the Bank. Customer must not be in default and shall maintain the status as a member of UOB credit card on date the Bank credits cash back into the account.
- Spending on supplementary card spending will be combined with the primary card spending amount.
- For customer who also holds a joint banking account, the banking balance and monthly banking transactions, for the purpose of this promotion, will be calculated under the primary account holder of the joint account. All privileges and rewards are exclusive for the primary account holder only.
- Credit cash back may not be exchanged or redeemed for cash.
- All investment carries risks, investors shall take care to study each investment product, fund policies, conditions for return on investment, risks, and fund performance before making informed investment decisions.
- The Bank only serves as an insurance broker (License No. CH00026/2545) to offer insurance products and act as manager for persons to enter into life insurance contracts and facilitate the payment of insurance premiums, all coverage and benefits as stipulated in the insurance policy shall be undertaken by Prudential Life Assurance (Thailand) Plc.
- For more information, please contact: UOB Privilege Reserve Service Center Tel.0 2285 1556, or UOB Privilege Banking Service Center Tel. 0 2344 9500