UOB Deposit Accounts

Transaction exclusion for UOB One Account with effect from 1 October 2024
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With effect from 1 October 2024, transactions with the following Merchant Category Codes ("MCCs") and/or transaction description will be excluded from the awarding of bonus interest for the UOB One Account under Terms and Conditions Governing Accounts and Services, Clause 40.12 (g) and Clause 40.12 (h) respectively.


Such transactions will not be considered in the determination of an account holder’s eligibility for bonus interest under their UOB One Account.


Merchant Category Codes

  • 5965 Direct marketing –Combination Catalog and Retail Merchants
  •  5993 Cigar Stores and Stands
  • 8699 Membership Organizations (Not Elsewhere Classified)
  • 8999 Professional Services (Not Elsewhere Classified)


Transaction Description
AMAZE*


For clarity, all transactions performed via Amaze will be excluded transactions.

With effect from 1 October 2024, transactions with the following Merchant Category Codes ("MCCs") and/or transaction description will be excluded from the awarding of KrisFlyer miles for the KrisFlyer UOB Account under Terms and Conditions Governing KrisFlyer United Overseas Bank Limited (“UOB”) Debit Card and KrisFlyer UOB Account and Services, Clause 1.7 and Clause 1.10 respectively. 

Such transactions will not be considered in the determination of an account holder’s eligibility for KrisFlyer miles under their KrisFlyer UOB Account.

 

Merchant Category Codes

  • 4900 Utilities (For UOB Reserve Card only)
  • 5965 Direct marketing –Combination Catalog and Retail Merchants
  • 5993 Cigar Stores and Stands
  • 8062 Hospitals (For UOB Reserve Card and UOB Metal Infinite Card only)
  • 8699 Membership Organizations (Not Elsewhere Classified)
  • 8999 Professional Services (Not Elsewhere Classified)

Transaction Description

AMAZE*

For clarity, all transactions performed via Amaze will be excluded transactions.

Please be informed that the Female Cancer Benefit for all female Lady’s Savings Accountholders will cease from 1 November 2024. Eligible Accountholders who are diagnosed before 1 November 2024 can continue to submit a claim within 90 days from date of diagnosis, subject to 90 days waiting period and other exclusions stated in the terms and conditions.

You can continue to enjoy up to 25X UNI$ per S$5 spent (10 miles per S$1) on preferred rewards category(ies) when you save with UOB Lady’s Savings Account and spend with UOB Lady’s Credit Card.

Visit the official UOB Lady’s Savings Account website here for the latest benefits and privileges.

With effect from 21 July 2024, transactions with the transaction description “NORWDS*” will be an excluded transaction for the UOB One Account under the Terms and Conditions Governing Accounts and Services, Clause 40.12 (h).

Such transactions will not be considered in the determination of an account holder’s eligibility for bonus interest under their UOB One Account.

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$100,000 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$100,000 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 Insured Deposit Register for a list of UOB accounts/products that are covered under the Scheme.