*Full terms and conditions governing the UOB Privilege Account Promotion up to 1.00% 3M (1 August 2022 to 31 August 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 August 2022. Monthly Average Balance of August 2022 is calculated as: The summation of each day-end Account Balance for August 2022 divided by the number of calendar days of August 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.