Loans
CashPlus FAQs
Where you are:
- Personal Banking
- Loans
- Line of Credit
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Q1. How can I apply for UOB CashPlus?
You can apply for UOB CashPlus in any of the following ways:
- If your annual income is in the range of S$20,000 to S$29,999, please download and complete this application form. (Adobe Reader is required to view PDF files.)
- If your annual income is S$30,000 and above, please complete an application form online or by downloading the form here. (Adobe Reader is required to view PDF files.)
- Visit any UOB Group Branch
- Call us 24-hour, toll-free at 1800 222 2121
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Q2. What are the requirements?
- You must be a Singapore Citizen or Permanent Resident of age 21 to 45 years old if you are earning S$20,000 to S$29,999 per annum; or 21 to 55 years old if you are earning S$30,000 and above per annum.
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Q3. What are the documents required?
- For salaried employees:
- A photocopy of your NRIC (front and back); and
- Latest telephone or utilities bill (if your annual income is in the range of S$20,000 to S$29,999); and
- Latest computerised payslip; or
- Last six months' CPF Statements* (printout must indicate your name and NRIC, and the name of the company making the contributions; or
- Latest two years' Income Tax Notice of Assessment^
- A photocopy of your NRIC (front and back); and
- Latest telephone or utilities bill (if your annual income is in the range of S$20,000 to S$29,999); and
- Latest two years’ Income Tax Notice of Assessment^
^You can now print your Notices of Assessment at myTax Portal with your SingPass or IRAS PIN. This service is free. Log on to www.mytax.iras.gov.sg for more details.
*You may submit your CPF Statements via www.uobgroup.com/submitcpfstmt.jsp (you will need your SingPass to gain access)
- For salaried employees:
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Q4. How much credit will be granted?
- A credit line of up to S$200,000 cash or twice your monthly income, whichever is lower, will be granted upon approval of application.
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Q5. How do I access my credit line?
- Simply use your cheque book or the UOB ATM Card.
Credit balances in your UOB CashPlus account will be drawn down first before your credit line is utilised. And upon payment to your UOB CashPlus account, your credit line will be reinstated.
- Simply use your cheque book or the UOB ATM Card.
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Q6. How do I keep track of my usage?
- Your UOB CashPlus monthly statement of account will be generated every month to reflect all transactions, interest earnings or charges for that month. You may also login to UOB Personal Internet Banking at www.uob.com.sg for a record of your latest transactions and credit balances.
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Q7. How may I obtain a permanent increase in my credit limit?
- All you need to do is send your relevant income document reflecting the increase in your salary to the following address:
United Overseas Bank Limited
Personal Financial Services
Credit Approval & Support Department
Robinson Road P.O. Box 628
Singapore 901228
- All you need to do is send your relevant income document reflecting the increase in your salary to the following address:
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Q8. How does the UOB ATM Card work?
- Your UOB ATM Card is linked to your UOB CashPlus account. You can withdraw cash at local ATMs and at over 877,000 ATMs worldwide.
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Q9. How much cash can I withdraw at the ATMs?
- In Singapore, the daily withdrawal limit at the ATM is S$3,000. Outside Singapore, the daily limit is the same in local currency or the withdrawal limit of the ATM used, whichever is lower.
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Q10. Are there any charges for using my UOB ATM Card?
- Cash withdrawal is absolutely free at all local UOB ATMs. For locally shared ATMs, the first two transactions of the month are free. Subsequent withdrawals are charged at S$0.30 each.
Cash withdrawals from UOB ATMs in Malaysia carry a service charge of S$2, while withdrawals from ATMs on the VISA Global ATM Network carry a nominal charge of S$5 per transaction.
- Cash withdrawal is absolutely free at all local UOB ATMs. For locally shared ATMs, the first two transactions of the month are free. Subsequent withdrawals are charged at S$0.30 each.
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Q11. What should I do if I lose my UOB ATM Card?
- You should call our UOB Call Centre immediately 24-hour, toll-free at 1800 222 2121. We will cancel your lost card, and issue you a new one. However, a S$20 replacement fee applies.
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Q12. Are there charges for issuing UOB CashPlus cheques?
- No, as long as the amount issued is within your available credit limit.
There is a handling fee of S$40 for every returned cheque, and S$30 for each stop cheque payment instruction.
For total peace of mind, you may check your current available balance simply by accessing your UOB CashPlus account via UOB Personal Internet Banking or phone banking.
- No, as long as the amount issued is within your available credit limit.
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Q13. What happens if I run low on cheques?
- UOB will automatically mail you a new UOB CashPlus cheque book when you have 10 cheques remaining in your cheque book. If you would like to request for a new cheque book, just visit your nearest UOB Group Branch. You may also use our phone banking service to request for one.
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Q14. What if I lose my UOB CashPlus cheque book?
- You should call our 24-hour UOB Call Centre at 1800 222 2121 immediately to place a stop payment on your cheque(s) so as to prevent fraudulent use, and arrange for an immediate replacement of your cheque book. Please note that a service charge of S$30 will be levied.
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Q15. How is the UOB CashPlus interest calculated?
- Interest is calculated daily by multiplying the daily outstanding balance by the annual rate that is divided by 365 days. The total interest will be reflected in your monthly Statement of Account.
Interest will continue to incur until repayment of the full amount into the UOB CashPlus account. Kindly note a minimum interest charge of S$5 per month applies.
- Interest is calculated daily by multiplying the daily outstanding balance by the annual rate that is divided by 365 days. The total interest will be reflected in your monthly Statement of Account.
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Q16. How much do I have to pay monthly?
- You may choose to service only the minimum amount payable stated in your monthly Statement of Account. The minimum sum payable is calculated based on the following table:
Outstanding Amount Minimum Sum Payable Less than S$30 No payment required S$30 - S$1,000 S$30 More than S$1,000 3% of outstanding amount plus excess if applicable
Kindly make your payment in Singapore dollars.
If you wish to check the exact outstanding amount payable, you may call us at 24-hour, toll-free at 1800 222 2121. Our friendly customer service officers will be happy to assist you.
- You may choose to service only the minimum amount payable stated in your monthly Statement of Account. The minimum sum payable is calculated based on the following table:
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Q17. How do I make my payment?
- With UOB CashPlus, you have the flexibility of paying:
- By cheque - You may send it together with the payment advice slip found in your monthly Statement of Account, or drop it in the Cheque Deposit Box found in any UOB Group Branch.
- By cash - You may make your cash payment at any UOB Group Branch or Cash Deposit ATM.
- By phone - You may use our phone banking service to make a funds transfer from your other UOB accounts.
- Online - You may make a funds transfer by logging on to UOB Personal Internet Banking at www.uob.com.sg. If the minimum sum is not received by the payment due date as stated in your monthly Statement of Account, a late fee of S$80 will apply.
- With UOB CashPlus, you have the flexibility of paying:
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Q18. How does my UOB CashPlus Account earn me daily interest?
- UOB CashPlus not only provides you cash when you need it, it pays you daily interest on credit balances in the account.
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Q19. How is the interest earned calculated?
- Interest is calculated daily by multiplying the daily credit balance by the annual rate over 365 days, and the total interest earned will be reflected in your Statement of Account.
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Q20. How do I access the interest earned?
- Simply use your UOB ATM Card or cheque book.
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Q21. How does UOB phone banking service meet my needs?
- With our 24-hour phone banking service, you may perform a variety of banking transactions such as:
- Check on your account balance
- Transfer funds between your linked UOB accounts and 3rd party UOB accounts
- Request for a Statement Of Account
- Enquire on your cheque status
- Request for a new cheque book
- Stop payment on your cheque
- Enquire about your account transactions
- Change your phone banking Access Code and PIN
- Find out about the latest promotions on UOB products and services
- Request fax-on-demand on UOB products and services.
- With our 24-hour phone banking service, you may perform a variety of banking transactions such as:
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Q22. How do I access my UOB CashPlus account via the Internet?
- Log on to uob.com.sg with your UOB Personal Internet Banking Username and Password. You may carry out the following transactions:
- View your latest transactions and credit balance
- Make immediate and scheduled funds transfers of up to two years, to your UOB accounts, third-party accounts or other bank accounts
- Make immediate and scheduled bill payments of up to two years, to over 80 billing organisations (SingTel, M1, StarHub, SingPower, Town Councils, country clubs, etc)
- Enquire about your cheque payments
- Stop cheque payment…… and many more