Privilege Account

  • high yield accounthigh yield account

    Discover the power of wealth consolidation

Benefits

This is an exclusive chequeing account that rewards you with premium interest rates, based on the total market value of your deposits and investments with UOB interest rates.

UOB Privilege Account's Premium Interest Rate (% p.a.) 
Total value of Deposits and Investments+ Prevailing Interest
Rates (% p.a.)*
Below S$350,000 0.05
S$350,000 to less than S$2,000,000 0.15
S$2,000,000 and above 0.20

*Quoted as at 02 May 2017

  • UOB Privilege Account
    You deposit S$100,000 in the UOB Privilege Account and consolidate your deposits and investments with UOB as follows:

    a. UOB Privilege Account: S$100,000
    b. Fixed Deposit Account: S$200,000
    c. Unit Trust: S$300,000

    Your combined deposits and investments+ of S$600,000 with UOB will earn a premium interest rate of 0.15% p.a. on your S$100,000 deposit in the UOB Privilege Account.

    UOB Privilege Account's Premium Interest Rate (% p.a.) 
    Total value of Deposits and Investments+ Prevailing Interest
    Rates (% p.a.)*
    Below S$350,000

    0.05

    S$350,000 to less than S$2,000,000

    0.15

    S$2,000,000 and above

    0.20

    *Quoted as at 2 May 2017

    Total Interest Earnings for full year = S$150

 

  • Bank X Saving Account
    You deposit S$100,000 in a savings account with Bank X.

    Assumption: Bank X's Savings Account has Tiered Interest Rates (% p.a.) 
    Deposit Tier Interest Rates
    First S$49,999.99

    0.010

    S$50,000 to S$99,999.99

    0.075

    S$100,000 and above

    0.10


    Total Interest Earnings for full year = S$65
    UOB Privilege Account yields S$85 more than what Bank X offers.

    The above is for illustration purposes only and based on prevailing interest rates.

Fees & Requirements

Apply Now

Contact Us

Call us

Contact your Client Advisor

Call our 24-hour Privilege Concierge at
1800 222 9889

Via Branches

Via branch

Via branch

Locate a branch

Notes:

+ Your deposit and investments include savings, current and fixed deposit accounts, and structured deposits, unit trusts, securities, bonds and notes, excluding Shares Trading Accounts, linked to the UOB Privilege Account.

All rates quoted are subject to change without prior notice.

UOB Privilege Account premium interest rates are subject to change based on market conditions (interbank) and may fluctuate daily without prior notice. Please call our 24-hour Privilege Concierge at 1800 222 9889 for the current prevailing rates.

More Information

Important information on the use of UOB Accounts and Services

More information

Deposit Insurance Scheme

Providing limited compensation to selected eligible deposits

Find out more

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$50,000 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$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Please refer to UOB/FEB Insured Deposit Register for a list of UOB accounts/ products that are covered under the Scheme.