UOB Privilege Account Promotion

  • UOB Privilege Account Promotion

Preferential interest rates

We are giving you double the reason to save with your UOB Privilege Account. Deposit a minimum of S$200,000 in fresh funds, and you now enjoy the best of both worlds – a higher interest rate of 2.6% p.a. for an extended duration of six months on your incremental fresh funds balance.

See how the interest you earn adds up:

Fresh Funds* Total Interest Rate* (p.a.) Interest Amount* (6 months)
S$200,000 2.6% S$2,600
S$350,000 2.6% S$4,550
S$1 million 2.6% S$13,000
S$2 million 2.6% S$26,000
S$3 million 2.6% S$39,000~

~S$39,000 is equivalent to earning 2.6% p.a. in interest over a 6 month period with Fresh Funds of S$3 million maintained in the account for the full Promotional Rates Term. The interest amount you earn varies according to the Fresh Funds maintained in the Account and the number of calendar days in the month.

 

Total interest rate applied to Fresh Funds

 

Prevailing Interest Rate
(% p.a.)
Promotional Rate on Fresh Funds*
(% p.a.)
Total interest rate applied to Fresh Funds*
(% p.a.)
0.05% 2.55% 2.6%

The listed prevailing interest rate is correct as of 31 October 2022 and subject to change without prior notice.

 

To qualify for the promotion, you are required to submit a participation form through your Client Advisor to register your interest. Alternatively, leave us your contact details.

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Exclusive Privilege Account promotion

(This offer is exclusively for clients who have received an SMS or email invite from UOB)

For a limited time only, top up your UOB Privilege Account and earn up to S$43,500 cash credit. Simply deposit S$200,000 or more in fresh funds and earmark the amount till 12 May 2023.

To register your participation, SMS to 77862 in the following format:

PVA‹space›10-digit UOB Privilege Account number‹space›Incremental Fresh Fund amount (i.e. “200K”, “1M”, “2.5M” or “3M”)

E.g.

  • PVA‹space›1234567890‹space›200K
  • PVA‹space›9876543210‹space›1M
  • PVA‹space›1234567890‹space›2.5M
  • PVA‹space›9876543210‹space›3M
    (“200K” means S$200,000; “1M” means S$1 million, “2.5M” means S$2.5 million; “3M” means S$3 million)

This limited time offer ends 30 November 2022.

Incremental Fresh Funds are measured against your Eligible Account’s Monthly Average Balance as at 31 October 2022 and earmarked till 12 May 2023.

Terms and conditions apply

*Full terms and conditions governing the UOB Privilege Account Promotion up to 2.6% (1 November 2022 to 30 November 2022) apply and are available here (“Applicable Terms”). Words and expressions used shall have the same meaning as those used in the Applicable Terms. The Applicable Terms may be subject to change without notice or reason.

The Incremental Fresh Funds Balance is calculated on a daily basis as: Each day-end Account Balance less Monthly Average Balance of October 2022. Monthly Average Balance of October 2022 is calculated as: The summation of each day-end Account Balance for October 2022 divided by the number of calendar days of October 2022. Promotional rates are only applicable to the Incremental Fresh Funds Balance in the Account and are calculated on a daily basis for the Promotional Rates Term only. Promotional Rates Terms means in respect of a qualifying Account, for a period of six (6) months from the Participation Date, both dates inclusive. Upon expiry of the Promotional Rates Term, the interest rates shall revert to the Prevailing Interest Rates.

To participate in this Promotion, a participation form MUST be completed and submitted at any UOB branch, strictly on the same day as the first minimum Fresh Funds deposit.

Prevailing terms and conditions apply.

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. 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$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.