UOB ONE Account

[LexusIS]

Really? Why would these tuition tag themselves as govt agencies?

These tagging affects MDR charged to merchants. Government agencies have way lower Visa/master MDR cost and allows the merchant acquiring bank to charge a lower MDR to the merchant and yet still make a good profit.

You can raise a complain to your credit card issuing bank - in this case UOB, to recognise you and also lodge a dispute to Visa/MasterCard for their action. Even if they can’t recognise you, hopefully they bring it up Visa/MasterCard for rectification action to be taken and correct the classification.

Of course, they will probably ignore you if both the card issuing and merchant acquiring bank is the same.

 

[PholkLorr]

Promo from UOB

https://www.uob.com.sg/personal/save/promotion/uobsavers.page

Possible to transfer out 28k from UOB one account to another bank and then transfer it back in again? Does it count?

 

[compro_1975]

this card pay insurance get anything bo?

 

[highsulphur]

Possible to transfer out 28k from UOB one account to another bank and then transfer it back in again? Does it count?

Why not? Money is fungible

 

[yamakazi51]

Possible to transfer out 28k from UOB one account to another bank and then transfer it back in again? Does it count?

The 28k promo not applicable to UOB One account

 

[yukita]

with the limits i think no hope liao.

 

[Mickey01]

8 months not bad for the value of the free gift. Problem is limited redemption. Dyson vacuum only got 200

Actually you are "buying" the gift

For example, one decide to participate in this UOB promo with $88,000 from 1st Jul 2019
1. SCB eSaver - assuming the promo rate remain unchanged, $88,000 for 8 months gets $1,114.66 interest (1.9% for 8 months)

2. UOB Promo - $88,000 top up enjoys promo rate of 1.45% for 2 months. Interest is $212.67. The int rate for the rest of the 6 months gets only 0.05% (~ $22). Plus gift $799. Total interest is $1,033.67

With the int from SCB eSaver, you can select the brand and model of vacuum cleaner you wish to purchase

 

[Localborn]

Actually you are "buying" the gift

For example, one decide to participate in this UOB promo with $88,000 from 1st Jul 2019
1. SCB eSaver - assuming the promo rate remain unchanged, $88,000 for 8 months gets $1,114.66 interest (1.9% for 8 months)

2. UOB Promo - $88,000 top up enjoys promo rate of 1.45% for 2 months. Interest is $212.67. The int rate for the rest of the 6 months gets only 0.05% (~ $22). Plus gift $799. Total interest is $1,033.67

With the int from SCB eSaver, you can select the brand and model of vacuum cleaner you wish to purchase

So it's only good for those who are intending to park up to $75k in UOB 1 to enjoy the bonus interest if can meet their giro and cc spending conditions

 

[Mickey01]

So it's only good for those who are intending to park up to $75k in UOB 1 to enjoy the bonus interest if can meet their giro and cc spending conditions

UOB ONE Account not eligible to participate in the UOB National Day Bonus Rate & Gift promo

 

[Localborn]

UOB ONE Account not eligible to participate in the UOB National Day Bonus Rate & Gift promo

Got sauce? Cos when I skimmed through it I thought it was eligible for the $88k deposit

 

[Jyvonchi]

Got sauce? Cos when I skimmed through it I thought it was eligible for the $88k deposit

That's right, uob one only eligible for 88k deposit promo

 

[Localborn]

If I top up my one account to $88k, does it mean that for the first $75k, my effective interest rate is 3.89% for July and Aug?

 

[Localborn]

That's right, uob one only eligible for 88k deposit promo

Thanks for the confirmation

 

[Mickey01]

Got sauce? Cos when I skimmed through it I thought it was eligible for the $88k deposit

oh ya hor ... UOB 1 Account eligible for the $88k promo.

 

[item2sell]

If I top up my one account to $88k, does it mean that for the first $75k, my effective interest rate is 3.89% for July and Aug?

i supposed so, assuming you had $0 in June.

 

[Localborn]

If I top up my one account to $88k, does it mean that for the first $75k, my effective interest rate is 3.89% for July and Aug?

Called UOB. The national day bonus rates only apply to saving account and uniplus accounts. The other accounts not eligible.

So whatever deposit you place in for stash and UOB one accounts, only get free gifts and current rates

 

[Localborn]

Quite safe to assume that the quota is gone now. Congrats to the early adopters for the uob promo.

Posted from PCWX using WTS: NEW Samsung S10+

Sure anot?

 

[oceanicmanta]

If I top up my one account to $88k, does it mean that for the first $75k, my effective interest rate is 3.89% for July and Aug?

UOB 1 interest is tiered.

for the first 75k, the EIR is 2.44% pa for 1 month if criteria is met

anything above 75k earns prevailing 0.05% pa

 

[Localborn]

UOB 1 interest is tiered.

for the first 75k, the EIR is 2.44% pa for 1 month if criteria is met

anything above 75k earns prevailing 0.05% pa

Got it. Thanks!

 

[chiokcc]

Reminder :

Bonus interest from 01 August 2018 if you satisfy the required conditions and have ADB of $75k in the account :
($4.903)×(no of days in the month)

28 days in the month = $137.27
29 days in the month = $142.18
30 days in the month = $147.08
31 days in the month = $151.98

B.U.M.P. for info