Your child can request for an ATM card at a UOB branch upon turning 15 years old and provide an updated specimen signature with the bank.

To qualify for free coverage, you must maintain an average daily balance of S$3,000 per month over the past six months or since the account is opened, whichever period is shorter. The maximum claim allowed is S$150,000 per parent.

The average daily balance is calculated by adding the daily balances over a calendar month and dividing the total by the number of days in that month.

Average daily balance refers to the average daily balance per month for the past six months or since account opening, whichever period is shorter.

Insurance terms and conditions apply.

Incremental Fresh Funds are measured against your Lady’s Savings Account’s day-end balance as at 30 April 2023.

’Earmarked’ means that the Incremental Fresh Funds deposited will not be reflected in the Lady’s Savings Account statements and cannot be withdrawn.

UOB Lady’s Savings Account Mother’s Day Promotion (8 May 2023 to 30 June 2023) (“Promotion”) is only valid from 8 May 2023 to 30 June 2023, both dates inclusive (“Promotion Period”). You are required to (i) deposit a min. of S$10,000 in Incremental Fresh Funds (“Participating Deposit”) into your UOB Lady’s Savings Account during the Promotion Period, (ii) successfully register your participation in this Promotion by submitting the Promotion online participation form (in the prescribed format available at go.uob.com/lsa-promo) to UOB during the Promotion Period, and (iii) maintain your Participating Deposit in your UOB Lady’s Savings Account until (for Participating Deposits made in May 2023) 14 July 2023 or (for Participating Deposits made in June 2023) 15 August 2023. Full terms and conditions apply and can be accessed here.

Total interest is equivalent to Base Interest plus Bonus Interest; where current Base Interest is 0.05% p.a., Bonus Interest is paid up to S$150,000 in your One Account. Base Interest is calculated at the end of each day based on each day-end balance and Bonus Interest is calculated at the end of each calendar month based on the monthly average balance. Monthly average balance is the summation of each day end balance for each month divided by the number of calendar days for that 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 1.90% p.a. for deposits of S$125,000, 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 3.30% p.a. for deposits of S$150,000, 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.