UOB Preferred Platinum VISA Card

The exchange rates used to convert foreign currency transactions into Singapore dollars may vary from day-to-day and is also dependent on when the transactions are submitted for processing by the merchants. Furthermore, foreign currency transactions are subject to a foreign currency administrative fee levied on the Singapore dollars amount converted.

Yes you can but with the exception of Cashback and rebate cards. Spending on UOB credit cards do not award you miles directly. Instead they are rewarded in the form UNI$ to be redeemed into miles. Not only do Miles/Travel card earn miles. Reward cards such as UOB Preferred platinum visa (PPV) earn UNI$ which can then be converted into miles.

The answer to your question may lie in the fact that certain overseas merchants or websites may list products and services in Singapore dollars or offer to convert your foreign currency transactions into Singapore dollars, the latter being called dynamic currency conversion. The exchange rates used to convert these transactions into local currency are determined by the merchants and their payment processors. Customers are encouraged to check that the exchange rate offered is reasonable prior to performing the transaction. The difference between the amount listed by merchant and the actual amount billed in your statement is due to an international transaction fee which is levied on all SGD transactions made using Visa or MasterCard and processed outside Singapore.