Boost your business savings with UOB Business Account. Simply apply for an account, deposit fresh funds and make qualifying transactions. Follow the steps below to earn cash bonus of up to USD 2,000.
| Step 1 | Step 2 | Step 3 |
| Open a new UOB business account from 1 April 2021 to 31 May 2021. For existing customers: To participate in the UOB Business Banking Power Up Promotion, register online at uob.com.sg/bbsme. |
Deposit a minimum of USD 100,000 in a UOB business account from 1 April 2021 to 31 May 2021 and maintain these funds till 31 August 2021. | Perform any of these qualifying transactions from 1 June 2021 to 31 August 2021 to qualify for the promotion.
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Here is an example of how much cash bonus you will receive if you are a new customer of UOB and open an account with us from 1 April 2021 – 31 May 2021:
If you deposit USD 200,000 fresh funds, perform any of the qualifying transactions as stated above and maintain this amount till 31 August 2021:
| Cash Bonus earned on USD 200,000 deposit with any qualifying transaction | = (USD 200,000/USD 100,000) x USD 80 =USD 160 | Total cash bonus = USD 260 The maximum cash bonus to be earned from this promotion is USD 2,000 per account |
| Welcome cash bonus for new UOB Customer | = USD 50 | |
| Deposit funds before 30 April and maintain till 31 August 2021 | = USD 50 |
The period where topped-up balances will need to be consistently maintained is reflected in the table below:
| Participation Period Open and top up new business account between |
Promotion Period Maintain the top-up account balance throughout each of the periods ending on the key dates of |
| 1 April 2021 – 31 May 2021 | 31 May 2021, 30 Jun 2021, 31 July 2021, 31 Aug 2021 |
^Terms and Conditions Governing UOB Business Banking Power Up Promotion (the “Promotion”). For new customers, visit uob.com.sg/smeQ2new and for existing customers, visit uob.com.sg/smeQ2 for more information.
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$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
United Overseas Bank Limited Co. Reg. No. 193500026Z
