UOB to downgrade UOB PRVI Miles Visa Card from Visa Infinite to Visa Signature
As some of you may know, the UOB PVRI Miles Visa Card is a Visa Infinite credit card even though it is not marketed as one - the card face simply shows Visa (without Platinum, Signature or Visa Infinite branding under it). It seems that from 01 April 2018 however, UOB will be making it a Visa Signature card officially. There will be no changes to the earn rates and you will continue to earn miles (in the form of UNI$s) on local and overseas spend at 1.4 and 2.4 miles per dollar respectively.
Click HERE to find out why I cancelled most of my credit cards from UOB!
Visa Infinite comes with a number of dedicated benefits and there is generally a higher income requirement for these cards (typically at S$120,000 per annum). With that being said, it is possible to get a secured credit card version if you do not meet the income requirement but I cannot say that it is the most sensible thing to do.
Chocolate Finance is marking SG61 with an extra 1% p.a. on fresh SGD funds for up to 61 days.