UOB Privilege Account Promotion

  • UOB Privilege Account PromotionUOB Privilege Account Promotion

New-to-UOB Privilege Banking promotion

Start a UOB Privilege Banking relationship now and deposit a minimum of S$350,000 in fresh funds into your UOB Privilege Account, and you can enjoy attractive cash rewards^ and an interest rate of 0.65% p.a. for three months^.

This is how your cash rewards stack up:

Fresh Funds Total interest rate^ (p.a.) Interest Amount^
(3 months)
Additional
cash reward^
Total cash
S$500,000 0.65% S$812 S$500 S$1,312
S$350,000 0.65% S$569 S$300 S$869

 

Start your UOB Privilege Banking relationship today.

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^Terms and conditions apply

Preferential interest rates

Clients with existing UOB Privilege Accounts are also eligible to enjoy promotional interest rates on fresh funds deposits of S$200,000 or more.

See how the interest you earn adds up:

Fresh Funds* Total Interest Rate* (p.a.) Interest Amount* (3 months)
S$200,000 0.65% S$325
S$350,000 0.65% S$569
S$1 million 0.65% S$1,625
S$2 million 0.65% S$3,250
S$3 million 0.65% S$4,875~

 

~S$4,875 is equivalent to earning 0.65% p.a. in interest over a 3 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% 0.60% 0.65%

The listed prevailing interest rate is correct as of 1 June 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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*Full terms and conditions governing the UOB Privilege Account Promotion up to 0.65% 3M (1 June 2022 to 30 June 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 June 2022. Monthly Average Balance of June 2022 is calculated as: The summation of each day-end Account Balance for June 2022 divided by the number of calendar days of June 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 three (3) 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.