One UOB Interest Singapore: Earn Great Returns on Your Savings

If you’re looking for a savings account in Singapore that offers high interest rates, the UOB One Account is definitely worth considering. With this account, you can earn up to 7.8% p.a. interest in two simple steps. To get started, you just need to spend a minimum of $500 on an eligible UOB card and credit your salary of a minimum of $1,600 or make three GIRO payments monthly.

A vibrant cityscape of Singapore with the iconic UOB building standing tall amidst a bustling urban environment

One of the best things about the UOB One Account is how easy it is to maximise your savings. You don’t need to jump through hoops or meet complicated requirements to start earning higher interest rates. Instead, you just need to meet the two simple steps outlined above. Plus, the account offers additional benefits and perks, such as cash rebates and discounts on various services.

Overall, the UOB One Account is a great option for anyone in Singapore who wants to earn higher interest rates on their savings without having to do too much work. With its simple requirements and additional benefits, it’s definitely worth considering if you’re looking for a reliable savings account.

Key Takeaways

  • The UOB One Account offers high interest rates of up to 7.8% p.a. with just two simple steps.
  • Maximising your savings is easy with the account, as there are no complicated requirements to meet.
  • In addition to high interest rates, the account also offers cash rebates and discounts on various services.

Understanding UOB One Account

A piggy bank with UOB logo sits on a desk, surrounded by stacks of coins and dollar bills. A chart shows interest rates rising

If you’re looking for a savings account that offers attractive interest rates, then the UOB One Account may be the perfect option for you. This account is designed to help you maximise your savings with ease, thanks to its bonus interest and base interest features. Here’s what you need to know about the UOB One Account.

Key Features of UOB One Account

The UOB One Account offers several key features that make it stand out from other savings accounts. These include:

  • Bonus Interest: You can earn up to 7.8% p.a. interest when you spend a minimum of $500 on an eligible UOB credit card and credit your salary of at least $1,600 or make 3 GIRO debit transactions monthly. This bonus interest is paid on top of the base interest rate.
  • Base Interest: The UOB One Account offers a base interest rate of up to 0.05% p.a. This rate is applicable to your account balance up to $75,000.
  • Credit and Debit Card: You can use your UOB One credit card to earn bonus interest. You can also use your UOB debit card to perform transactions and qualify for bonus interest.
  • Monthly Average Balance: The UOB One Account requires you to maintain a monthly average balance of $5,000 to earn bonus interest.
  • Salary Credit: You can earn bonus interest by crediting your salary of at least $1,600 into your UOB One Account.
  • GIRO Debit Transactions: You can earn bonus interest by making at least 3 GIRO debit transactions of at least $30 each per month.
  • Initial Deposit: You need to make an initial deposit of $1,000 to open a UOB One Account.
  • Minimum Balance: You need to maintain a minimum balance of $1,000 to avoid a fall-below fee.
  • Bonus Interest Cap: The bonus interest is capped at $50,000.

Eligibility Criteria

To be eligible for the UOB One Account, you need to meet the following criteria:

  • You must be at least 18 years old.
  • You must be a Singapore citizen or a permanent resident.
  • You must have a minimum income of $2,000 per month.
  • You must not have an existing UOB One Account.
  • You must not have any existing UOB savings account or credit card.

Overall, the UOB One Account is a great option if you want to maximise your savings with ease. With its bonus interest and base interest features, you can earn attractive interest rates on your savings. Just make sure you meet the eligibility criteria and maintain the minimum balance to avoid any fall-below fees.

Maximising Your Savings

A piggy bank sits on a table, surrounded by stacks of coins and dollar bills. A calculator and a bank statement show increasing numbers

If you’re looking to maximise your savings, the UOB One Account is an excellent option to consider. With just two simple steps, you can earn up to 7.8% p.a. interest on your savings. Here’s how you can make the most of your UOB One Account:

Earning Higher Interest Rates

To earn higher interest rates, you need to fulfil two requirements. Firstly, you need to spend a minimum of $500 on an eligible UOB card. Secondly, you need to credit your salary of at least $1,600 or make three GIRO payments monthly. By doing so, you can earn up to 7.8% p.a. interest on your savings.

Leveraging Credit Card Spend

One of the easiest ways to earn higher interest rates is by leveraging your credit card spend. By spending a minimum of $500 on an eligible UOB card, you can earn up to 3.88% p.a. interest on your savings. You can also earn cashback on your credit card spend, which can help you save even more.

If you’re looking to maximise your savings, consider using the UOB One Account in conjunction with other UOB products such as the UOB Stash Account and the UOB EVOL Card. You can also explore other investment options such as deposits and investments to help grow your wealth.

Overall, the UOB One Account is an excellent option for those looking to earn higher interest rates on their savings. With just two simple steps, you can earn up to 7.8% p.a. interest on your savings, making it one of the most attractive savings accounts in Singapore.

Additional Benefits and Perks

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As a UOB One Account holder, you can enjoy exclusive benefits and perks that come with your account. Here are some of the additional benefits that you can enjoy:

Insurance and Investment Rewards

With the UOB One Account, you get to enjoy exclusive insurance and investment rewards. You can earn up to $200 worth of vouchers when you purchase selected insurance or investment products from UOB. This is a great way to get more value out of your savings and investments.

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