UOB Stash Account

[chiokcc]

Counting down .....

Happy New Year to all!

 

[Jun666]

Happy New Year~

 

[ThreeSteps]

date of this posting : 01Jan2025

UOB Lunar New Year Pot of Gold Promotion
https://www.uob.com.sg/personal/pro...310325:Q1SAVE25:na:na&vid=na&pid=CD07Q1SAVE25

t&cs: https://www.uob.com.sg/web-resource...68F454E6DA2A0A4C98A6%40AdobeOrg|TS=1735681625
refer to point#2.4 - Participating Deposit Amount (Cash Credit Amount)
$20k ($68), $50k ($188), $100k ($388), $150k ($688)

refer to point#2.9 “Your Participating Deposit will be Earmarked for the period corresponding to your Participating Deposit date or Participation Form submission date (whichever is later) till the Earmark End Date as set out in the table below (“Earmark Period”). “Earmarked” means that the amount deposited and cannot be withdrawn. You are required to maintain the applicable minimum New Funds in your Participating Account (i.e. your Participating Account day-end balance should be at least the aggregate of your Account’s Monthly Average Balance for December 2024 and the Participating Deposit amount) for the full Earmark Period.

Qualifying Period 1 Jan to 31 Jan - (Earmarked by 28 Feb) - [Earmark End Date 18 June 2025]
Qualifying Period 1 Feb to 28 Feb - (Earmarked by 29 Mar) - [Earmark End Date 18 July 2025]
Qualifying Period 1 Mar to 29 Mar – (Earmarked by 30 Ap) – [Earmark End Date 18 Aug 2025]

 

[maumu]

wah they really pushing the earmark period longer and longer... now all the way to Q3. lydat is restricting us to only join the next promo cycle in Q4. so bad.

 

[chiokcc]

Wow, bonus interest lesser and lesser .....

 

[waddahell]

wah they really pushing the earmark period longer and longer... now all the way to Q3. lydat is restricting us to only join the next promo cycle in Q4. so bad.

It’s been like this since 2024 July promo. Will be the new norm.

 

[chiokcc]

Is it possible to open 2nd Stash account using own name?

 

[ahchan]

Is it possible to open 2nd Stash account using own name?

I would like to know also....
But I doubt we can do that for Stash account...

 

[SBC]

What is Stash effective interest with 150k?

 

[korosensei]

If I open the stash account on 15 jan and put in 100k, will the monthly average balance calculation take in consideration 31 days in jan or 15 days in jan?

ie will the MAB be 100k, or < 100K

I called uob and got conflicting answers

 

[royalmix]

If I open the stash account on 15 jan and put in 100k, will the monthly average balance calculation take in consideration 31 days in jan or 15 days in jan?

ie will the MAB be 100k, or < 100K

I called uob and got conflicting answers

If you deposit on same day you open and hold it till 31 Jan, it will be 17 days, MAB 100K!

 

[korosensei]

If you deposit on same day you open and hold it till 31 Jan, it will be 17 days, MAB 100K!

Thanks. uob customer service sucks. and the website i cannot find the TnC

 

[coconut1]

What is Stash effective interest with 150k?

With 150k, eir 2% -> 2.48% with earmark promo $700
With 100k, eir 3% -> 3.45% with earmark promo $450

 

[Sambuca78]

With 100k, eir 3% -> 3.45% with earmark promo $450

Should be 4.04% based on 5 months.

 

[korosensei]

With 150k, eir 2% -> 2.48% with earmark promo $700
With 100k, eir 3% -> 3.45% with earmark promo $450

i thought earmark promo is 688 for 150k and 388 for 100k?

 

[coconut1]

Should be 4.04% based on 5 months.

i thought earmark promo is 688 for 150k and 388 for 100k?

My bad, was using the earlier earmark promo numbers.
So assuming putting in for only a period of 5 months, then:

With 150k, eir 2% -> 3.13% with earmark promo $688
With 100k, eir 3% -> 3.93% with earmark promo $388

 

[mojipei]

Arh, maybe on 01Jan 2025, just withdraw most of the interest amount, but leave a few dollars to keep MAB above December's should suffice!

Why there is a need to withdraw 'most of the interest'? Isn't it better to leave the interest behind so as to collect more interest? Any pointers that I may have missed out?

 

[swathe]

So the optimal date is to deposit on 18 Jan to end 18 Jun

 

[Devilsire]

Why there is a need to withdraw 'most of the interest'? Isn't it better to leave the interest behind so as to collect more interest? Any pointers that I may have missed out?

100k cap

 

[mojipei]

100k cap

I see, thank you.