Are there any types of special transactions that do not earn rebates for spends on the UOB YOLO Card?
How does the bank classify transactions into categories to earn rebate and as such are there any types of transactions that do not earn rebates for spends on the UOB YOLO Card?
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Hello there! The following transactions do not earn rebates and they include Payment of funds to prepaid accounts, Instalment payment plans, Charitable or religious organizations, government institutions and services, Balance/funds transfers, cash advances, fees, interests, finance charges, late payment charges, annual fee charges, reversals, other financial charges. The bank identifies transactions and their categories via codes assigned by Visa. These are not decided by the bank but rather by the merchants and their acquiring banks.