UOB Stack Your Cash Savings Promotion is valid from 1 April 2026 to 30 June 2026 (“Promotion Period”). To qualify, you must: (a) be the primary holder of an Eligible Account (i.e. UOB One, Stash, Passbook Savings or Lady’s Savings Account), (b) deposit a minimum of S$20,000 in new funds in your Eligible Account during the Promotion Period, (c) successfully submit the online participation form for this promotion, and (d) maintain the new funds in your Eligible Account without withdrawal for approximately 7 months (“Earmark Period”). The new funds must result in a corresponding increase in your Eligible Account’s day-end balance throughout the Promotion Period and Earmark Period when compared against your Eligible Account’s Monthly Average Balance for March 2026. Full terms and conditions apply and can be accessed here.

• Qualifying round 1: 8 March 2025 to 31 March 2025
• Qualifying round 2: 1 April 2025 to 30 April 2025

Get Up to S$240 cash credit comprising:

1) Either S$80 or S$60 or S$30 cash credit
AND
2) up to S$160 cash credit

1) UOB Online Account Opening Weekly Promotion (1 November to 31 December 2024)
Valid from 1 November 2024 to 31 December 2024 (“Promotion Period”). Limited to the first 100 customers of each Promotion Week, namely from 1 to 10 November 2024 and every calendar week from 11 November to 31 December 2024, (i) who submit an online account opening application during a Promotion Week for a new UOB Stash Account, UOB Uniplus Account, KrisFlyer UOB Account, UOB Lady’s Savings Account or UOB One Account, and (ii) whose application is successfully approved during the Promotion Period, and (iii) deposit min. S$5,000 of Fresh Funds into their new UOB account within the same calendar month as their new UOB account’s opening calendar month, and (iv) hold the deposited Fresh Funds till the end of the following calendar month. For existing UOB deposit customers, the Fresh Funds deposited 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 their other UOB current accounts and/or savings accounts as at 31 October 2024 and such increase must be maintained till the end of the following calendar month. Eligible new-to-UOB customers will be eligible to receive S$80 cash credit, eligible new-to-UOB deposit customers will be eligible to receive S$60 cash credit, and eligible existing-to-UOB deposit customers will be eligible to receive S$30 cash credit. “Fresh Funds” means funds (a) in the form of non-UOB cheques or non-UOB cashier’s order; (b) that are not transferred from any existing UOB current/savings or fixed deposit account; and (c) that are not withdrawn from any existing UOB current/savings or fixed deposit account and re-deposited (whether part or all of the amounts withdrawn) into the new UOB account at any time during the Promotion Period. T&Cs apply. Click here for full terms and conditions.

AND

2) Up to S$160 cash credit for customers who participate in the UOB SalaryPlus Promotion (1 October 2024 to 31 December 2024) by successfully submitting an online participation form (available at the official UOB website) between 1 October 2024 to 31 December 2024, both dates inclusive, to receive the following cash rewards:
(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 with the transaction description “GIRO-Inward Debit”, and/or 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$80 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; and

(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.

^Repayment of your UOB car or home loan instalment must reflect the transaction description “Misc Debit” and bank reference of "Trf. Wd. Loans” to be eligible.

^#Salary must be credited with the transaction description as "GIRO-SALA" or "PAYNOW SALA" to be eligible.

^~CDP dividends must be credited from the Singapore Central Depository with the transaction description “CDP Dividend” to be eligible.

1. 1 – 12 Apr 26
2. 13 – 19 Apr 26
3. 20 – 26 Apr 26
4. 27 Apr – 3 May 26
5. 4 – 10 May 26
6. 11 – 17 May 26
7. 18 – 24 May 26
8. 25 – 31 May 26
9. 1 – 7 Jun 26
10. 8 – 14 Jun 26
11. 15 – 21 Jun 26
12. 22 – 30 Jun 26

Limited to the first 50 customers of each promotion week, namely every calendar week from 4 November to 29 December 2024, (i) who submit an online application for a new FX+ account linked to either your One Account, Wealth Premium Account, Privilege Account or iAccount, and (ii) whose application is approved by 31 December 2024. T&Cs apply. Click here for full terms and conditions.

Eligible UOB savings accounts: UOB Passbook Savings Account, UOB Uniplus Account, UOB Stash® Account, UOB One Account, UOB Lady’s Savings Account or KrisFlyer UOB Account.

Applicable to non-joint accounts only.

FX+ can be linked to One Account, Privilege Account, Wealth Premium Account or iAccount

Applicable to New to UOB customers who are Singaporeans/PRs with MyInfo login and existing UOB customers applying as a single-named applicant with Myinfo login or bank details online. Applications submitted between 8.30am to 9pm will be opened instantly. Applications received outside these times will be processed the next working day. Applications are subject to UOB's approval.

Selected China SQ destinations only. Beijing and Shanghai would require a top-up of additional KrisFlyer miles.

An automatic SMS response will be sent to you acknowledging receipt of your SMS registration. This automatic response does not constitute successful participation in the Promotion. 

(a) 11 April 2025

(b) 18 April 2025

(c) 25 April 2025

(d) 2 May 2025

(e) 9 May 2025

(f) 16 May 2025

(g) 23 May 2025

(h) 30 May 2025

Eligible Card spend transactions are based on the following

• Eligible Visa/MasterCard local and foreign retail transactions subjected to the exclusions mentioned below;
• Insurance payments made on a recurring basis on selected credit or debit cards;
• Total posted retail transactions by the selected Credit Card(s) principal and supplementary holder plus any spending on the selected Debit card(s); and
• Transactions posted within a CALENDAR month

UOB Credit and Debit Cards that are eligible to earn bonus interest on the UOB One Account include UOB One Card, UOB Lady’s Card (all card types), UOB EVOL Card, Lazada-UOB Card, UOB One Debit Visa Card, UOB One Debit Mastercard, UOB Lady’s Debit Card and UOB FX+ Debit Card.

See here for full list of retail transactions.

Note:

A UOB One Debit Mastercard will be automatically issued to you if your UOB Credit Card (UOB One Card/UOB Lady’s Card/UOB EVOL Card) application is unsuccessful.
UOB Lady's Card refers to any UOB Lady's/Lady's Platinum/Lady's Solitaire Credit and/or Lady’s Debit Cards issued by UOB.
UOB Direct Visa Debit Card & UOB Debit Mastercard has now been renamed to UOB One Debit Visa & UOB One Debit Mastercard respectively.

Promotion dates:

• 6 June 2025
• 13 June 2025
• 20 June 2025
• 27 June 2025

Limited to the first 100 eligible customers per promotion date who must not have (i) held and/or terminated any UOB products (New-to-UOB customers) or (ii) held and/or closed any UOB current account or savings account (New-to-UOB Deposits customers) or (iii) held and/or closed the same account type as the new eligible UOB savings account applied for in this promotion (Existing UOB Deposits customers), in each case, from 1 June 2024 to the date of application for the new eligible UOB savings account, both dates inclusive.

Applicable to single-name accounts only.

Enjoy up to 4% cashback on Grab transactions (excludes mobile wallet top-ups), Shopee Singapore transactions (excludes ShopeePay), SimplyGo transactions (bus and train rides), McDonald’s transactions and 1% cashback on GOMO recurring transactions, Singapore Power utilities bill (excluding payments via AXS), Singtel recurring transactions, and Mobile Pay transactions such as Apple Pay, Google Pay and Samsung Pay. A minimum spend of S$300 per calendar month is required. Cashback is capped at S$30 per calendar month across all eligible transactions. Please click here for the full terms and conditions.

UOB Online Account Opening Weekly Promotion (1 July to 30 September 2025)

Valid from 1 July to 30 September 2025 (“Promotion Period”). Limited to the first 80 customers of each Promotion Week, namely the week between 1 and 6 July 2025 and every calendar week between 7 July 2025 and 30 September 2025, (i) who submit an online account opening application during a Promotion Week for a new Eligible UOB Account, and (ii) whose application is successfully approved during the Promotion Period, and (iii) deposit min. S$5,000 of Fresh Funds into their new Eligible UOB Account within the same calendar month as their new account opening calendar month, and (iv) maintain a balance of at least S$5,000 in their new Eligible UOB Account till the end of the following calendar month. For existing UOB deposit customers, the Fresh Funds deposited into their new Eligible UOB Account must result in a corresponding increase of at least S$5,000 when compared against the total month-end balance of all their other UOB current accounts and/or savings accounts as at 30 June 2025 and such increase must also here for full terms and conditions.

Eligible UOB Account means: (i) for the period commencing from 1 July 2025 to 30 September 2025 (both dates inclusive), a UOB Stash Account, UOB Uniplus Account, KrisFlyer UOB Account, UOB Lady’s Savings Account or UOB One Account.

AND

Up to S$160 cash credit for customers who participate in the UOB SalaryPlus Promotion (1 July 2025 to 30 September 2025) by successfully submitting an online participation form (available at the official UOB website) between 1 July 2025 to 30 September 2025, both dates inclusive, to receive the following cash rewards:

(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$80 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; and
(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.

Customers must not have received any prior reward (whether in the form of cash credit or otherwise) in similar UOB promotions, or have the respective transaction history in any UOB current or savings account during the period between 1 January 2025 to 30 June 2025.

Full terms and conditions apply and can be accessed here.

^{^}Repayment of your UOB car and home loan instalment must be reflected with the transaction description “Misc Debit” and bank reference of "Trf. Wd. Loans” to be eligible.
^#Salary must be credited with the transaction description as "GIRO-SALA" or "PAYNOW SALA" to be eligible.
^~CDP dividends must be credited from the Central Depository with the transaction description “CDP Dividend” to be eligible.

Bill payment via GIRO must be reflected with the transaction description “GIRO-Inward Debit” to be eligible. Repayment of your UOB car and home loan instalment must be reflected with the transaction description “Misc Debit” and bank reference of "Trf. Wd. Loans” to be eligible.

Participate in the UOB SalaryPlus Promotion (1 April 2026 to 30 June 2026) by successfully submitting an online participation form between 1 April 2026 to 30 June 2026, both dates inclusive, to receive the following cash rewards:

(i) S$100 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, PayNow or FAST^{^} within the next two calendar months from the date of submission of the online participation form; and
(ii) 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; and
(iii) 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 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.

Eligible UOB savings account: UOB One Account, UOB Lady’s Savings Account, UOB Stash Account, UOB Uniplus Account, KrisFlyer UOB Account or UOB Passbook Savings Account.

Customers must not have received any prior reward (whether in the form of cash credit or otherwise) in similar UOB promotions, or have the respective transaction history in any UOB current or savings account during the period between 1 October 2025 to 31 March 2026.

Subject to qualifying criteria. Full terms and conditions apply and can be accessed here.

^{^}Salary must be credited with the transaction description as “GIRO-SALA” or “PAYNOW SALA” or “FAST SALA” to be eligible.
^#CDP dividends must be credited from the Central Depository with the transaction description “CDP Dividend” to be eligible.
^~Bill payment via GIRO must be reflected with the transaction description “GIRO-Inward Debit” to be eligible. Repayment of your UOB car and home loan instalment must be reflected with the transaction description “Misc Debit” and bank reference of "Trf. Wd. Loans” to be eligible.

Insured up to S$100k by SDIC.

Eligible UOB savings accounts: UOB Passbook Savings Account, UOB Uniplus Account, UOB Stash^® Account, UOB One Account, UOB Lady’s Savings Account or KrisFlyer UOB Account.

Valid from 1 January to 31 March 2026 (“Scan to Pay Promotion Period”). Limited to the first 2,300 customers per calendar month during the Scan to Pay Promotion Period who:
(i) successfully open a new UOB Account; and
(iii)deposit min. S$5,000 of Fresh Funds into their new UOB Account within the same calendar month as their new UOB Account opening calendar month, and maintain a balance of at least S$5,000 in their new UOB Account till the end of the following calendar month; and
(ii) log in to the UOB TMRW App and perform NETS QR transaction(s) via Scan to Pay in-store at participating merchants (NTUC FairPrice, 7-Eleven, ComfortDelGro, TADA) within the Qualifying Spend Period (“Eligible Transaction(s)”) as set out below:

Eligible customers will receive 28% cash rebate on all Eligible Transactions, capped at S$28 per customer. This Scan to Pay Promotion is not applicable to Existing Accountholders.

Click here for full terms and conditions.

Funds must be maintained in your account until the end of the next calendar month

Get JBL earbuds (worth S$249) or up to S$150 cash, plus up to S$180 cash credit and up to 28% cashback: 
1) Either JBL Sense Pro wireless headphones (worth S$249) or S$150 cash or S$80 cash or S$40 cash
AND
2) Up to S$180 cash credit
AND
3) Up to 28% cashback

1) UOB Online Account Opening Weekly Friday Promotion (6 March to 27 March 2026)
Gift is limited to the first 30 new-to-UOB and new-to-UOB deposit customers and Cash Credit is limited to the next 60 new-to-UOB, new-to-UOB deposit and existing-to-UOB deposit customers on each tactical promotion date, namely 6 March 2026, 13 March 2026, 20 March 2026, and 27 March 2026 (each, a “Tactical Promotion Date”);
(i) who successfully submit an account opening application via a Permitted Application Channel on a Tactical Promotion Date for a new Eligible UOB Account
(ii) whose application is approved by UOB within the same calendar month which the application is submitted, and
(iii) deposit a min. S$5,000 of New Funds into their new UOB Account within the same calendar month as their new UOB Account opening calendar month and hold this amount in your new UOB Account till the end of the following calendar month.

For existing-to-UOB deposit customers, the New Funds deposited 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 their other UOB current accounts and/or savings accounts as at 28 February 2026 and such increase must also be maintained till the end of the required holding period. New-to-UOB and new-to-UOB deposit customers eligible for the Gift will receive a JBL Sense Pro (worth S$249) and new-to-UOB, new-to-UOB deposit and existing-to-UOB deposit customers eligible for the Cash Credit will receive S$150, S$80 and S$40 worth of cash credit respectively.

Eligible UOB Account means for the period from 6 to 27 March 2026 (both dates inclusive), a UOB Stash Account, UOB Uniplus Account, KrisFlyer UOB Account or UOB One Account.

“Permitted Application Channel” means:
(a) any online account opening channel via www.uob.com.sg (excluding any application triggered or assisted by UOB staff or agents, or submitted together with a UOB credit card application, or submitted here;
(b) UOB Personal Internet Banking or UOB TMRW; or
(c) any other channels as may be permitted by UOB from time to time.  

“New Funds” means funds:
(a) in the form of non-UOB cheques or non-UOB cashier’s order;
(b) that are not transferred from any existing UOB current/savings or fixed deposit account; and
(c) that are not withdrawn from any existing UOB current/savings or fixed deposit account and re-deposited (whether part or all of the amounts withdrawn) into the new UOB Account at any time during the period between 6 March to 27 March 2026, both dates inclusive.

This promotion is not valid in conjunction with the UOB Online Account Opening Weekly Promotion (1 January to 31 March 2026). Eligible new-to-UOB and new-to-UOB deposit customers may participate in the UOB Scan to Pay Promotion (1 January to 31 March 2026) even if they have received the Gift or Cash Credit under this Promotion. Subject to qualifying criteria. T&Cs apply.

Click here for full terms and conditions

2) UOB SalaryPlus Promotion (1 January 2026 to 31 March 2026)
Participate in the UOB SalaryPlus Promotion (1 January to 31 March 2026) by successfully submitting an online participation form (available at the official UOB website) between 1 January and 31 March 2026, both dates inclusive, to receive the following cash rewards:
(i) S$100 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; and
(ii) 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; and
(iii) 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.

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.

Customers must not have received any prior reward (whether in the form of cash credit or otherwise) in similar UOB promotions, or have the respective transaction history in any UOB current or savings account during the period between 1 June 2025 to 31 December 2025.

Full terms and conditions apply and can be accessed here.

^{^}Salary must be credited with the transaction description as "GIRO-SALA" or "PAYNOW SALA" to be eligible.
^~CDP dividends must be credited from the Central Depository with the transaction description “CDP Dividend” to be eligible.
^#Repayment of your UOB car and home loan instalment must be reflected with the transaction description “Misc Debit” and bank reference of "Trf. Wd. Loans” to be eligible.

Insured up to S$100k by SDIC.

3) Scan to Pay Promotion (1 January to 31 March 2026)
Valid from 1 January to 31 March 2026 (“Scan to Pay Promotion Period”). Limited to the first 2,300 customers per calendar month during the Scan to Pay Promotion Period who:
(i) successfully open a new UOB Account under the UOB Online Account Opening Weekly Promotion; and
(ii) log in to the UOB TMRW App and perform a NETS QR transaction via Scan to Pay in-store at participating merchants (NTUC FairPrice, 7-Eleven, ComfortDelGro, TADA) within the Qualifying Period as set out below:

Eligible customers will receive 28% cash rebate on NETS QR transactions performed at the participating merchants during the Qualifying Period, capped at S$28 per customer. This Scan to Pay Promotion is not applicable to Existing Accountholders.

Click here for full terms and conditions.

Get Up to S$300 cash credit comprising:
1) Either S$120 or S$60 or S$30 cash credit
AND
2) up to S$180 cash credit
1) UOB Online Account Opening Weekly Promotion (1 April to 30 June 2026)
Valid from 1 April to 30 June 2026 (“Promotion Period”). Limited to the first 80 customers of each Promotion Week, namely the period between 1 and 5 April 2026 and every calendar week between 6 April 2026 and 12 April 2026 and the period between 22 and 30 June 2026,
(i) who submit an online account opening application during a Promotion Week for a new Eligible UOB Account, and
(ii) whose application is successfully approved during the Promotion Period, and
(iii) deposit min. S$5,000 of Fresh Funds into their new Eligible UOB Account within the same calendar month as their new Account opening calendar month, and
(iv) maintain a balance of at least S$5,000 in their new Eligible UOB Account till the end of the following calendar month. Additionally, for existing UOB deposit customers, the Fresh Funds deposited into their new Eligible UOB Account must result in a corresponding increase of at least S$5,000 when compared against the total month-end balance of all their other UOB current accounts and savings accounts as at 31 March 2026 and such increase must also be maintained till the end of the next calendar month following their new Account opening calendar month.

Eligible new-to-UOB customers will be eligible to receive S$120 cash credit, eligible new-to-UOB deposit custo
Eligible UOB Account means a UOB Stash Account, UOB Uniplus Account, KrisFlyer UOB Account, UOB Lady’s Savings Account or UOB One Account.
Click here for full terms and conditions.

2) UOB SalaryPlus Promotion (1 April 2026 to 30 June 2026)
*Participate in the UOB SalaryPlus Promotion (1 April 2026 to 30 June 2026) by successfully submitting an online participation form (available at the official UOB website) between 1 April 2026 to 30 June 2026), both dates inclusive, to receive the following cash rewards:
(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 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; and
(ii) S$100 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, PayNow or FAST^# within the next two calendar months from the date of submission of the online participation form; and
(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.
Customers must not have received any prior reward (whether in the form of cash credit or otherwise) in similar UOB promotions, or have the respective transaction history in any UOB current or savings account during the period between 1 October 2025 to 31 March 2026.
Full terms and conditions apply and can be accessed here.


^{^}Bill payment via GIRO must be reflected with the transaction description “GIRO-Inward Debit” to be eligible. Repayment of your UOB car and home loan instalment must be reflected with the transaction description “Misc Debit” and bank reference of "Trf. Wd. Loans” to be eligible.
^~CDP dividends must be credited from the Central Depository with the transaction description “CDP Dividend” to be eligible.
^#Salary must be credited with the transaction description as “GIRO-SALA” or “PAYNOW SALA” or “FAST SALA” to be eligible.

Insured up to S$100k by SDIC.

To credit your salary credit to your KrisFlyer UOB Account, you will need to notify your HR department on your new account number.

Email your HR to make the switch now!

Funds must be deposited within the same calendar month in which the account is opened and earmarked for a period of 7 months.