Take your carbon footprint to zero
Set your UOB EVOL Card as the default mode of payment for your one-time or recurring SP Utilities bills on the SP app to convert 1%^ of your SP Utilities bill amount into complimentary My Green Credits™ and offset up to 100% of your electricity carbon footprint.
-
Illustration A
Offset 100% Electricity Carbon Footprint -
Illustration B
Offset more than 50% Electricity Carbon Footprint
| Illustration A Offset 100% Electricity Carbon Footprint |
Illustration B Offset more than 50% Electricity Carbon Footprint |
|
| SP Utilities bill amount charged to UOB EVOL Card | S$180 | S$100 |
| Value of complimentary My Green Credits™ (based on 1%^ billed amount for electricity) | S$180 *1% = S$1.80 | S$100 * 1% = S$1.00 |
| Conversion of complimentary My Green Credits™ into electricity carbon footprint offsets ( at conversion rate of S$0.12 = 25kWh) | (S$1.80 / S$0.12) * 25 kWh = 375 kWh | (S$1.00 / S$0.12) * 25 kWh = 208 kWh |
| Based on Year 2022 national average’s electricity consumption of a 4-room HDB flat at 349 kWh monthly | 375 kWh / 349 kWh = 100% | 208 kWh / 349 kWh = 59% |
| Conclusion | Your SP Utilities bill of S$180 will earn you enough My Green Credits™ to offset 349kWh electricity carbon footprint – equivalent to offsetting 100% electricity carbon footprint of a 4-room HDB flat. | Your SP Utilities bill of S$100 will earn you My Green Credits™ to offset 208 kWh electricity carbon footprint – equivalent to offsetting 59% electricity carbon footprint of a 4-room HDB flat. |
| SP Utilities bill amount charged to UOB EVOL Card |
| Value of complimentary My Green Credits™ (based on 1%^ billed amount for electricity) |
| Conversion of complimentary My Green Credits™ into electricity carbon footprint offsets ( at conversion rate of S$0.12 = 25kWh) |
| Based on Year 2022 national average’s electricity consumption of a 4-room HDB flat at 349 kWh monthly |
| Conclusion |
*My Green Credits™ are purchased by UOB at S$0.12 per 25 kWh as at 12 October 2023. These prices are dependent on the REC selling prices offered by each developer to UOB and may change from time to time depending on market factors. The carbon footprint of a 4-room HDB flat is based on Singapore's national average electricity consumption of a 4-room HDB flat per month published by the SP Group (source: www.spgroup.com.sg) for the year 2022 .
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Terms and Conditions
W.e.f. 1 August 2022, payments to IPAYMY, RWS-LEVY, SMOOVE PAY, SINGPOST – SAM and Razer Pay and payments for utilities will be excluded from the awarding of cashback.
W.e.f. 1 March 2022, please be informed that transactions with transaction description "AMAZE* TRANSIT*" will be excluded from the awarding of cashback.
*Up to S$540 cash credit consist of 1), 2) and 3):
1) S$350 cash credit:
The first 200 new-to-UOB credit card customers in April 2024 who successfully apply for an eligible UOB Credit Card between 1 April 2024 and 30 April 2024 (both dates inclusive) and spend a min. of S$1,000 per month for 2 consecutive months from their card approval date, will receive S$350 cash credit. Click here for full terms and conditions.
2) UOB Online Account Opening Promotion (1 to 30 April 2024)
a) S$60 cash credit will be awarded to the first 200 New-to-UOB deposit customers (i) who submit an online account opening application between 1 to 30 April 2024 (both dates inclusive) for a new UOB Stash Account, UOB Uniplus Account, KrisFlyer UOB Account or UOB One Account, (ii) whose application is successfully approved by 30 April 2024, and (iii) deposit min. S$5,000 of fresh funds into their new UOB account by 30 April 2024, and (iv) hold the deposited fresh funds in their new UOB account until 31 May 2024 (inclusive of the date indicated).
OR
b) S$30 cash credit will be awarded to the first 200 existing UOB deposit customers (i) who submit an online account opening application between 1 to 30 April 2024 (both dates inclusive) for a new UOB Stash Account, UOB Uniplus Account, KrisFlyer UOB Account or UOB One Account, (ii) whose application is successfully approved by 30 April 2024, and (iii) deposit min. S$5,000 of fresh funds into their new UOB account by 30 April 2024, and (iv) hold the deposited fresh funds in their new UOB account until 31 May 2024 (inclusive of the date indicated). The fresh funds deposited by existing UOB deposit customers into their new UOB account must result in a corresponding increase of at least S$5,000 when compared against the total month-end balance of all other UOB current accounts and/or savings accounts as at 30 March 2024.
Full Terms and Conditions governing UOB Online Account Opening Promotion (1 to 30 April 2024) apply.
AND
3) Up to S$130 cash credit for customers who participate in the UOB SalaryPlus Promotion (1 April 2024 to 30 June 2024) by successfully submitting an online participation form at UOB Singapore website and completing any or all of the following actions:
(i) S$30 cash credit for customers who successfully perform a bill payment of min. S$30 per transaction from their designated Eligible UOB savings account in this Promotion via GIRO, or/and who successfully perform a loan repayment transaction for their UOB car loan or UOB home loan from their designated Eligible UOB savings account for this Promotion, in each case, within the next two calendar months from the date of submission of the online participation form.
(ii) S$50 cash credit for customers who successfully credit their monthly salary of min. S$1,600 (for all customers other than full time National Serviceman) or at least S$500 (for customers who are full time National Serviceman) into their designated Eligible UOB savings account for this Promotion via GIRO or PayNow within the next two calendar months from the date of submission of the online participation form.
(iii) S$50 cash credit for customers who successfully credit their CDP dividends of min. S$50 per transaction into their designated Eligible UOB savings account for this Promotion via Direct Credit Service within the next two calendar months from the date of submission of the online participation form.
Eligible UOB savings account: UOB Passbook Savings Account, UOB Uniplus Account, UOB Stash Account, UOB One Account, UOB Lady’s Savings Account or KrisFlyer UOB Account. Full terms and conditions apply and can be accessed here.
Insured up to S$100k by SDIC
Please refer here for full FAQs for the UOB EVOL Card.
1To enjoy 8% cashback on Online and Mobile Contactless Spend, a min. spend of S$600 per statement month on your card is required. If the min. spend is not met, only the base 0.3% cashback on your Online and Mobile Contactless Spend will be awarded. Cashback is capped at S$20 per statement month for each of Online, Mobile Contactless and all Other Spend. Exclusions and other terms and conditions apply.
2Enjoy no annual fees when you make min 3 transactions on your UOB EVOL Card every month for 12 consecutive months prior to your card annual fee charge date.
3The maximum annual interest for deposits of S$100,000 in the One Account is S$5,000 and is calculated based on the maximum effective interest rate (EIR) of 5.00% p.a., provided customers meet both criteria of S$500 eligible card spend AND a min. S$1,600 salary credit via GIRO/PAYNOW (with the transaction reference "SALA"/ "PAYNOW SALA") in each calendar month.
Maximum effective interest rate (EIR) on the One Account is 0.65% p.a. for deposits of S$75,000, provided customers meet criterion of S$500 eligible card spend in each calendar month.
Maximum effective interest rate (EIR) on the One Account is 3.00% p.a. for deposits of S$75,000, provided customers meet both criteria of S$500 eligible card spend AND 3 GIRO debit transactions in each calendar month.
Maximum effective interest rate (EIR) on the One Account is 5.00% p.a. for deposits of S$100,000, provided customers meet both criteria of S$500 eligible card spend AND a min. S$1,600 salary credit via GIRO/PAYNOW (with the transaction reference "SALA"/"PAYNOW SALA") in each calendar month.
Deposit Insurance Scheme:
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$100,000 for each depositor per Scheme member.
^You will be given My Green Credits™ valued at 1% of your SP Utilities bill amount. These My Green Credits™ by SP Group are provided to you free of charge, and can offset up to 100% of your electricity carbon footprint. A minimum SP Utilities bill amount of S$100 is required for conversion to My Green Credits™. My Green Credits™ prices are dependent on the REC selling prices offered by each developer to UOB. These prices may change from time to time, depending on market factors. As of 12 October 2023, My Green Credits™ are purchased by UOB at S$0.12 per 25 kWh. Click here for FAQs.
Apply & Pay within minutes is only valid for New-to-Bank applicants who use Myinfo to retrieve personal details and income information, pass all screening steps and income checks. Applications must be submitted from 7am - 8pm. You will be able to receive your physical card 5 working days upon card approval.
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