If you’re looking for a reliable savings account in Singapore, the UOB Uniplus Account is an excellent option to consider. This statement-based savings account offers a range of benefits, including daily interest rates and a global ATM card, making it a convenient choice for everyday banking needs.
One of the key advantages of the UOB Uniplus Account is its accessibility. With a global ATM card or fee waiver on a UOB Direct Visa Card, you can easily manage your account and access your funds whenever you need them. Plus, with daily interest rates, you can maximise your savings potential and earn more over time.
If you’re interested in opening a UOB Uniplus Account, you’ll also enjoy a range of rewards and benefits. From cashback promotions to bonus interest rates, UOB offers a range of incentives to help you get the most out of your savings. Plus, with additional financial services like insurance and investment options, you can easily manage all of your financial needs in one place.
Key Takeaways
- The UOB Uniplus Account is a statement-based savings account that offers daily interest rates and a global ATM card for easy accessibility.
- UOB offers a range of rewards and benefits, including cashback promotions and bonus interest rates, to help you maximise your savings potential.
- With additional financial services like insurance and investment options, the UOB Uniplus Account is a convenient choice for all of your banking needs.
Understanding UOB Uniplus Account
If you’re looking to save money and earn interest on your savings, then the UOB Uniplus Account might be the right choice for you. This account is a statement-based savings account that offers a range of features to help you manage your money effectively.
Account Features
The UOB Uniplus Account comes with a range of features that make it easy for you to manage your money. These features include:
- Global ATM Card or fee waiver on UOB Direct Visa Card
- 24-hour access
- Easy fund transfers
With a Global ATM Card, you can withdraw cash from any UOB ATM or any ATM that is part of the Cirrus or Plus networks. This means that you can access your money whenever you need it, no matter where you are in the world. Alternatively, you can choose to use the UOB Direct Visa Card, which offers a fee waiver for all transactions made using the card.
Interest Rates
One of the key benefits of the UOB Uniplus Account is the interest rates that you can earn on your savings. The account offers a base interest rate of 0.05% per annum, which is calculated daily and credited to your account monthly.
In addition to the base interest rate, you can also earn a bonus interest rate of up to 1.5% per annum. To qualify for the bonus interest rate, you need to maintain a minimum average daily balance of $5,000 in your account. The bonus interest rate is also calculated daily and credited to your account monthly.
Overall, the UOB Uniplus Account is a great choice if you’re looking for a savings account that offers a range of features and competitive interest rates. With easy access to your money and the ability to earn interest on your savings, it’s a great way to start building your wealth.
Banking Services and Accessibility
If you are looking for a savings account that offers convenient banking services and accessibility, the UOB Uniplus Account is an excellent choice. With this account, you get access to a range of banking services that make it easy to manage your finances.
Internet Banking
One of the best features of the UOB Uniplus Account is that it comes with internet banking. This means that you can access your account online from anywhere, at any time. With internet banking, you can check your account balance, view your transaction history, and transfer funds to other accounts.
UOB Branches and ATMs
Another great thing about the UOB Uniplus Account is that it gives you access to UOB branches and ATMs. With over 40 branches and more than 500 ATMs in Singapore, you can easily find a UOB location near you. This makes it convenient to deposit and withdraw money from your account.
Mobile Banking
For those who prefer to bank on the go, the UOB Uniplus Account also comes with mobile banking. This allows you to access your account from your mobile phone, making it easy to check your account balance, transfer funds, and pay bills while you are on the move. You can also set up mobile phone alerts to keep you informed about your account activity.
In summary, the UOB Uniplus Account offers a range of banking services and accessibility options that make it easy to manage your finances. With internet banking, UOB branches and ATMs, and mobile banking, you can access your account and perform transactions from anywhere, at any time.
Rewards and Benefits
Are you looking for a savings account that offers great rewards and benefits? Look no further than the UOB Uniplus Account in Singapore. Here are some of the rewards and benefits you can enjoy:
Credit and Debit Cards
As a Uniplus account holder, you can apply for a UOB credit card and enjoy exclusive deals and promotions. The UOB One Card, for instance, offers up to 5% cashback on all spend categories. The UOB Lady’s Credit Card, on the other hand, is designed for women and offers up to 10% SMART$ rebate on shopping, dining, and beauty categories.
You can also link your Uniplus account to a UOB Direct Visa Debit Card and enjoy fee waivers on ATM withdrawals and NETS transactions.
Cashback and Savings
With the UOB Rewards+ programme, you can earn UNI$ for every dollar spent on your UOB credit or debit card. You can then use these UNI$ to redeem rewards, vouchers, and cash rebates. The programme offers a wide range of rewards, including travel, dining, shopping, and entertainment.
If you’re looking for a savings account that offers high interest rates, the Uniplus account is a great choice. You can earn daily interest rates on your savings, and there are no minimum balance requirements or fall-below fees.
In addition, from 1 January to 31 March 2024, you can get up to S$68 cash when you apply for an eligible UOB savings account online and deposit at least S$5,000 in new funds. Plus, you can receive up to an additional S$130 cash when you pay your bills and credit your salary and dividends with UOB.
With the UOB Uniplus Account, you can enjoy a range of rewards and benefits that make saving and spending easy and convenient.
Account Management and Fees
Managing your finances has never been easier with the UOB Uniplus Account. With this statement-based savings account, you get a host of benefits that make banking a breeze. Here’s what you need to know about account management and fees.
Eligibility and Application
To apply for a UOB Uniplus Account, you need to be a Singaporean or Permanent Resident with a minimum initial deposit of $500. Non-Singaporeans need to deposit a minimum of $1,000. You can apply online, and the process is straightforward. You will need to provide some basic information and documents such as your passport and proof of residential address. If you are a foreigner, you will need to provide your employment pass/S pass/dependent pass.
Fees and Charges
The UOB Uniplus Account has a minimum balance fee of $2 if your average daily balance for the month falls below $500. However, if you are using this account as a basic bank account, there is no minimum balance required. This account also has a fall-below fee of $2 if you do not maintain the minimum balance.
If you decide to close your account within six months of opening it, you will be charged an early account closure fee of $30. However, if you close your account after six months, there is no fee.
Here is a table of the fees and charges associated with the UOB Uniplus Account:
| Fee Type | Amount |
|---|---|
| Minimum Balance Fee | $2 |
| Fall-Below Fee | $2 |
| Early Account Closure Fee | $30 |
Overall, the UOB Uniplus Account is a great option for those looking for a statement-based savings account. With its easy application process and low fees, it’s a convenient way to manage your finances.
Additional Financial Services
As a Uniplus account holder with UOB Singapore, you have access to a variety of additional financial services that can help you manage your money more effectively. These services include investment options, insurance and protection.
Investment Options
UOB offers a range of investment options to Uniplus account holders, allowing you to grow your wealth over time. You can choose from a variety of investment products, including unit trusts, bonds and equities. These investments are managed by experienced professionals, and UOB provides regular updates on the performance of your investments.
Insurance and Protection
UOB also offers a range of insurance and protection products to Uniplus account holders. These products can help protect you and your family from unexpected events, such as illness, disability or death. You can choose from a range of insurance products, including life insurance, health insurance and critical illness insurance.
UOB’s insurance products are underwritten by reputable insurers, and the bank provides regular updates on the status of your policies. In addition, Uniplus account holders can benefit from UOB’s Deposit Insurance Scheme, which is administered by the Singapore Deposit Insurance Corporation. This scheme provides insurance coverage of up to $75,000 per depositor per bank, and Uniplus account holders are automatically enrolled in the UOB Insured Deposit Register.
Overall, UOB’s additional financial services can help you manage your money more effectively and protect yourself and your family from unexpected events. Whether you’re looking to invest for the future or protect your loved ones, UOB has a range of products to suit your needs.
Frequently Asked Questions
How can I open a UOB Uniplus account in Singapore?
Opening a UOB Uniplus account is easy and can be done online in just a few simple steps. You can apply online with your PIB, Myinfo or with your ATM/Debit/Credit Card and PIN. Plus, enjoy exclusive rewards upon instant account opening. To open a UOB Uniplus account, you must be at least 18 years old, have a valid Singaporean identification card, and meet the minimum deposit requirements.
What are the dazzling benefits of a UOB Uniplus account?
The UOB Uniplus account is a popular statement-based savings account that gives you a world of conveniences and lets you enjoy daily interest rates. Key benefits you enjoy include a global ATM card or fee waiver on UOB Direct Visa Card. Additionally, you can deposit just S$500, and earn daily interest on your savings. You can also review your account regularly to stay on track.
How does the UOB Uniplus account interest rate compare to others?
The UOB Uniplus account offers competitive interest rates that are higher than most savings accounts in Singapore. The interest rate is tiered, which means that the more you save, the higher the interest rate you can earn. This makes the UOB Uniplus account an attractive option for those looking to grow their savings.
Could you explain the difference between UOB Uniplus and One accounts?
The UOB Uniplus account is a statement-based savings account that offers daily interest rates and a global ATM card or fee waiver on UOB Direct Visa Card. On the other hand, the UOB One account offers higher interest rates but requires you to meet certain criteria, such as spending a minimum amount on your UOB credit card or paying bills through GIRO. While both accounts offer attractive benefits, the UOB Uniplus account is a great option for those looking for a simple and hassle-free savings account.
What is the required minimum balance to maintain in a UOB Uniplus account?
To maintain a UOB Uniplus account, you need to maintain a minimum balance of S$500. This is a relatively low minimum balance requirement compared to other savings accounts in Singapore, making it an accessible option for those who are just starting to save.
What are the criteria to achieve the highest interest rate on a UOB Uniplus account?
To achieve the highest interest rate on a UOB Uniplus account, you need to maintain a minimum balance of S$100,000. This will give you a higher interest rate than if you maintain a lower balance. Additionally, the interest rate is tiered, which means that the more you save, the higher the interest rate you can earn.