UOB ONE Account

[waddahell]

what is the avg interest from UOB if no salary credit and deposit at cap lvl?

1.5%
10char

 

[Trazora]

what is the avg interest from UOB if no salary credit and deposit at cap lvl?

Can always setup for min 3 giro payment instead of salary crediting to get the higher tier interest.

 

[_death_god]

Hello all lao jiao heres I just started my journey with UOB one acc. wanna ask a few qns regarding the giro + card spending to hit the highest interest rate.

Is it possible to hit the requirement when i have
1) Fundsupermart 200/mth giro (deduct every 8th of the month)
2) Singtel (account 1) 10dollar/mth giro
3) Singtel (account 2) 10dollar/mth giro

1) 500dollar/mth on my prudential plan linked paid thru my debit card.

If this is the case, does it mean i just transfer 720 dollar/mth to my UOB one account on every 1st of the month so i will make sure the amount in my account is always 75,000?


Is there any requirement that i need to do? Or any ways to make the account auto run, just need to go in every month to transfer the interest out xD

 

[whizzard]

Hello all lao jiao heres I just started my journey with UOB one acc. wanna ask a few qns regarding the giro + card spending to hit the highest interest rate.

Is it possible to hit the requirement when i have
1) Fundsupermart 200/mth giro (deduct every 8th of the month)
2) Singtel (account 1) 10dollar/mth giro
3) Singtel (account 2) 10dollar/mth giro

1) 500dollar/mth on my prudential plan linked paid thru my debit card.

If this is the case, does it mean i just transfer 720 dollar/mth to my UOB one account on every 1st of the month so i will make sure the amount in my account is always 75,000?


Is there any requirement that i need to do? Or any ways to make the account auto run, just need to go in every month to transfer the interest out xD

Set up a Giro from your main operating account to transfer the required amount to pay for your monthly UOB Giros. That way, your UOB One account is fully automated. That’s what I did for my UOB One account. Fuss free. Just have to Ensure I spend at least $500 on my UOB One credit card every month.

 

[cbc915]

Unfair in what sense? Now your March expenses is done

Sent from Henabi virus using GAGT

That's mean there are double deductions in the month of Mar20

 

[cbc915]

She forgot to tell u after 16 mar ur premiums is not counted as part of ur 500 spending?

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Insurance payments on UOB One Card will be excluded from the awarding of cash rebate but continue to be considered eligible spend to earn bonus interest on UOB One Account.

This is what I found from UOB website.

 

[cbc915]

If you have a stable income and you feel their savings plan helps for the long run stay with it
That cost will be 400x 12= 4800/yr
Cutting out with the bonus on this spending after 15march 2020

Else, 14days grace period for any new plans
Cancel and ask for refund for this 1st mth of payment

Keeping uob one just for own cash savings (can see can touch/ flexible cash)
Bonus interest category is based on individual retail spending subject to exclusion tnc

Insurance payments on UOB One Card will be excluded from the awarding of cash rebate but continue to be considered eligible spend to earn bonus interest on UOB One Account.

Btw,the insurance still considered as eligible spend.

 

[_death_god]

Set up a Giro from your main operating account to transfer the required amount to pay for your monthly UOB Giros. That way, your UOB One account is fully automated. That’s what I did for my UOB One account. Fuss free. Just have to Ensure I spend at least $500 on my UOB One credit card every month.

Nice. Thanks for the tips!

I plan to have the following:
1) Fundsupermart 200/mth giro (deduct every 8th of the month)
2) Singtel (account 1) 10dollar/mth giro
3) Singtel (account 2) 10dollar/mth giro

1) 500dollar/mth on my prudential plan linked paid thru my debit card to hit the min spending

Is this all I need to do?

 

[muji4832]

more than that, mostly grab topup

Did you met the min $500 card spend?

 

[Trazora]

more than that, mostly grab topup

If min $500 posted in Feb calendar month on eligible uob credit/debit cards, and you did have balance in your uob one account, then you need to query the bank.

 

[Henabi]

That's mean there are double deductions in the month of Mar20

Hmmmm usually insurance premiums, if go monthly, iirc 1st time always minus double...

Correct me if I got it wrong

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[Henabi]

Nice. Thanks for the tips!

I plan to have the following:
1) Fundsupermart 200/mth giro (deduct every 8th of the month)
2) Singtel (account 1) 10dollar/mth giro
3) Singtel (account 2) 10dollar/mth giro

1) 500dollar/mth on my prudential plan linked paid thru my debit card to hit the min spending

Is this all I need to do?

My giro to Uob one account are
1) town council
2) geneco
3) income tax

On top of that I also have my salary credited as well

Then $500 pru to my uob one card every month

Waiting for the first month interest....

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[Trazora]

Hmmmm usually insurance premiums, if go monthly, iirc 1st time always minus double...

Correct me if I got it wrong

Sent from Henabi virus using GAGT

Obviously he not talking about 1st time. Issue was payment in end feb spill over to mar. Anyway if I were him, I would have anticipated this and do something about it before it happens

 

[JetStorm]

Nice. Thanks for the tips!

I plan to have the following:
1) Fundsupermart 200/mth giro (deduct every 8th of the month)
2) Singtel (account 1) 10dollar/mth giro
3) Singtel (account 2) 10dollar/mth giro

1) 500dollar/mth on my prudential plan linked paid thru my debit card to hit the min spending

Is this all I need to do?

U need 5x transactions and total spend min 500 i think for uob card spending.

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[Trazora]

U need 5x transactions and total spend min 500 i think for uob card spending.

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT

No need lah, the 5 transaction is for uob one card rebate.

 

[JetStorm]

My giro to Uob one account are
1) town council
2) geneco
3) income tax

On top of that I also have my salary credited as well

Then $500 pru to my uob one card every month

Waiting for the first month interest....

Sent from Henabi virus using GAGT

Will suggest more giro in case got rebate ur tc bill become zero u gg. Income tax if u got sudden rebates tax becomes zero u gg. I personally has at least 5 giros

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[JetStorm]

No need lah, the 5 transaction is for uob one card rebate.

Ok noted. Thanks for the clarification

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[Trazora]

Nice. Thanks for the tips!

I plan to have the following:
1) Fundsupermart 200/mth giro (deduct every 8th of the month)
2) Singtel (account 1) 10dollar/mth giro
3) Singtel (account 2) 10dollar/mth giro

1) 500dollar/mth on my prudential plan linked paid thru my debit card to hit the min spending

Is this all I need to do?

I am doubtful about the fund supermart, it is not one of the billing organisations https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.uob.com.sg/web-resources/corporate/pdf/corporate/transaction-banking/payable-solutions/BO-list.pdf&ved=2ahUKEwjfocDfopToAhVSU30KHWs6De4QFjAAegQIARAB&usg=AOvVaw2dFBtGNBZ4b9yCz-XDspfa

 

[luvpraline]

Those on income tax installment plan, will there be giro deduction in April for the new tax year?

 

[Henabi]

Obviously he not talking about 1st time. Issue was payment in end feb spill over to mar. Anyway if I were him, I would have anticipated this and do something about it before it happens

oh yeah! i forgot that his $400 charging is done at the end of the month on 29th feb.

but... will that be an issue? in the upcoming months?