UOB ONE Account

[shpesft]

2.43% effective is still lower than maxigain?

With current Sibor at 1.404%, max Citibank Maxigain interest is still lower (0.8x1.404%)+1.2= 2.323%

 

[Layers]

https://www.uob.com.sg/assets/pdfs/one-account-online-notice.pdf

https://www.uob.com.sg/assets/pdfs/one-account-faq.pdf

indirectly dilute u n want more $

anyway start from aug so aug 1st then top up 25k?

Sent from Samsung SM-N950F using GAGT

 

[Sinkie]

With current Sibor at 1.404%, max Citibank Maxigain interest is still lower (0.8x1.404%)+1.2= 2.323%

but with sibor expected to up, really will risk dropping the counter by withdrawing to Uob one

Maybe will withdraw the $25k from my Dbs multiplier

 

[Sinkie]

indirectly dilute u n want more $

anyway start from aug so aug 1st then top up 25k?

Sent from Samsung SM-N950F using GAGT

At least they give 1 month notice

 

[oceanicmanta]

indirectly dilute u n want more $

anyway start from aug so aug 1st then top up 25k?

Sent from Samsung SM-N950F using GAGT

agree ... this type of promotion kena chopped also don't realise .. so:

- those with 30k balance will be better than before
- 30 to 60k will be worse off than before
- more than 60k will be slightly better off by 0.01% only

so either top up to 60k til 75k for those who can, or reduce balance to 30k ?

almost fell for the 3.88% hook

 

[NTTDoCoMo]

Revised Limit seems to be aligning with the new Insurance Coverage for Deposit Insurance ??

 

[maumu]

agree ... this type of promotion kena chopped also don't realise .. so:

- those with 30k balance will be better than before
- 30 to 60k will be worse off than before
- more than 60k will be slightly better off by 0.01% only

so either top up to 60k til 75k for those who can, or reduce balance to 30k ?

almost fell for the 3.88% hook

actually I think those who can top up to 75k is more than slightly better off because the extra 25k is earning 2.44% which is fantastic if u compare to eSaver, FastSaver, StarSaver, etc... not locked in.

the 0.01% extra for the first 50k... take it as some loyalty increment ~.~

 

[BigJay]

actually I think those who can top up to 75k is more than slightly better off because the extra 25k is earning 2.44% which is fantastic if u compare to eSaver, FastSaver, StarSaver, etc... not locked in.

the 0.01% extra for the first 50%... take it as some loyalty increment ~.~

Actually increase in EIR is only 0.004%. Before: 2.432%. After: 2.436%.

Still better for those who can top up to $75K. Now win 360 account (70K at 1.8% for those not insuring/investing).

 

[maumu]

Actually increase in EIR is only 0.004%. Before: 2.432%. After: 2.436%.

quite sly UOB.

 

[bumdssa]

actually I think those who can top up to 75k is more than slightly better off because the extra 25k is earning 2.44% which is fantastic if u compare to eSaver, FastSaver, StarSaver, etc... not locked in.

the 0.01% extra for the first 50%... take it as some loyalty increment ~.~

agree, gonna shift funds out from fastsaver to top up.

 

[BigJay]

Revised Limit seems to be aligning with the new Insurance Coverage for Deposit Insurance ??

Hope so. Then DBS Multiplier up from 50K, OCBC 360 up from 70K, Maybank SaveUp up from 60K.

 

[chiokcc]

UOB one account monthly bonus interest calculation if you meet both criteria and has at least $50k :

((1.5*10000)+(2.0*20000)+(3.33*20000)-(0.05*50000))/100*[no of days in the month]/365

or simply

$(3.263*[no of days in the month])

An update for Year 2018

Jan 31days = $101.15
Feb 28days = $ 91.36
Mar 31days = $101.15
Apr 30days = $ 97.89
May 31days = $101.15
Jun 30days = $ 97.89

Jul 31days = $101.15
Aug 31days = $101.15
Sep 30days = $ 97.89
Oct 31days = $101.15
Nov 30days = $ 97.89
Dec 31days = $101.15

B.U.M.P. for June 2018!

Will have to update from 01 Aug 2018.

 

[stars8]

Anyone receive the bonus interest yet?

 

[pinpinpin]

Anyone receive the bonus interest yet?

nope.........

 

[stars8]

Just received mine

 

[pinpinpin]

Just received mine

just checked just received.

 

[RocketAbyss]

Anyone receive the bonus interest yet?

Yeap just got mine

 

[clockwerkart]

Yeap just got mine

received 97.89 today

so for the new 75k calculation, is it as below?

=((1.85*15000)+(2*15000)+(2.15*15000)+(2.3*15000)+(3.88*15000)-(0.05*75000))/100*[no of days in the month]/365

Jul 31 $153.05
Aug 31 $153.05
Sep 30 $148.11
Oct 31 $153.05
Nov 30 $148.11
Dec 31 $153.05

 

[NTTDoCoMo]

Just received the bonus interest

 

[yiptw89]

received 97.89 today

so for the new 75k calculation, is it as below?

=((1.85*15000)+(2*15000)+(2.15*15000)+(2.3*15000)+(3.88*15000)-(0.05*50000))/100*[no of days in the month]/365

Jul 31 $153.05
Aug 31 $153.05
Sep 30 $148.11
Oct 31 $153.05
Nov 30 $148.11
Dec 31 $153.05

should be this:
[(1.85×15000)+(2.0×15000)+(2.15×15000)+(2.30×15000)+(3.88×15000)−(0.05×75000)]÷100×(no of days in the month)÷365

One Bonus Interest
Aug 2018 $151.98
Sep 2018 $147.08
Oct 2018 $151.98
Nov 2018 $151.98
Dec 2018 $147.08
Jan 2019 $151.98
Feb 2019 $137.28