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UOB Privilege Account Promotion

  • UOB Privilege Account PromotionUOB Privilege Account Promotion

Preferential Interest Rates

Earn an attractive interest rate of up to 3.00% p.a. for three months on your incremental fresh funds balance when you deposit a minimum of S$350,000 in fresh funds into your new or existing Privilege Account.
(This promotion is available from 1 November 2024 to 29 November 2024)

See how the interest you earn adds up:

Fresh Funds# Total Interest Rate (p.a.) Interest Amount~ (3 months)
S$350,000 3.00% S$2,625.00
S$1 million 3.00% S$7,500.00
S$2 million 3.00% S$15,000.00
S$3 million 3.00% S$22,500.00

~Interest amount earned is equivalent to earning 3.00% p.a. in interest over a 3-month period with respective Fresh Funds maintained in the account for a period of three (3) months from your participation date. 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% 2.95% 3.00%

The listed prevailing interest rate is correct as of 1 November 2024 and subject to change without prior notice.


Submit a participation form through your Senior Client Advisor to register your interest in the promotion now.

~ Full terms and conditions governing the UOB Privilege Account Promotion (1 November 2024 to 29 November 2024) 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.

# "Fresh Funds" means the Incremental Fresh Funds Balance. The Incremental Fresh Funds Balance is calculated on a daily basis as: Each day-end Account Balance during the Promotional Rates Term less Monthly Average Balance of October 2024. Monthly Average Balance of October 2024 is calculated as: The summation of each day-end Account Balance for October 2024 divided by the number of calendar days of October 2024. 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.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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$100,000 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$100,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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