UOB ONE Account

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chiokcc

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chiokcc said:
(with corrections)
<< UOB OneAccount bonus interest chronology >>

Bonus interest if you satisfy the required conditions and have ADB of $75k in the account :

01 August 2018 to 30 April 2020
($4.903)×(no of days in the month)
28 days in the month = $137.27
29 days in the month = $142.17
30 days in the month = $147.08
31 days in the month = $151.98

01 May 2020 to 31 July 2020
($3.58767)×(no of days in the month)
28 days in the month = $100.45
29 days in the month = $104.04
30 days in the month = $107.63
31 days in the month = $111.21

From 01 Aug 2020 to ....
($2.3630)×(no of days in the month)
28 days in the month = $66.16
29 days in the month = $68.52
30 days in the month = $70.89
31 days in the month = $73.25
Click to expand...

B.U.M.P! on this last day of Sep 2020 .....
 
twosix

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HwzgRnU.png
 
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sgiceboy

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Anyone got phone call from UOB, asking you to use your One account funds to invest in others UOB products?
 
JetStorm

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sianz. time to move bulk of funds to endowus liao.

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT
 
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chiokcc

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<< UOB OneAccount bonus interest chronology >>
~~Updated 02 Oct 2020~~

Bonus interest if you satisfy the required conditions and have ADB of $75k in the account :

01 August 2018 to 30 April 2020
($4.903)×(no of days in the month)
28 days in the month = $137.27
29 days in the month = $142.17
30 days in the month = $147.08
31 days in the month = $151.98

01 May 2020 to 31 July 2020
($3.58767)×(no of days in the month)
28 days in the month = $100.45
29 days in the month = $104.04
30 days in the month = $107.63
31 days in the month = $111.21

From 01 Aug 2020 to 31 Oct 2020
($2.3630)×(no of days in the month)
28 days in the month = $66.16
29 days in the month = $68.52
30 days in the month = $70.89
31 days in the month = $73.25

From 01 Nov 2020 to ....
($1.9520)×(no of days in the month)
28 days in the month = $54.65
29 days in the month = $56.60
30 days in the month = $58.56
31 days in the month = $60.51
 
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maumu

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chiokcc said:
<< UOB OneAccount bonus interest chronology >>
~~Updated 02 Oct 2020~~

Bonus interest if you satisfy the required conditions and have ADB of $75k in the account :

01 August 2018 to 30 April 2020
($4.903)×(no of days in the month)
28 days in the month = $137.27
29 days in the month = $142.17
30 days in the month = $147.08
31 days in the month = $151.98

...

From 01 Nov 2020 to ....
($1.9520)×(no of days in the month)
28 days in the month = $54.65
29 days in the month = $56.60
30 days in the month = $58.56
31 days in the month = $60.51
Click to expand...

comparing April and coming November (after 6 months) really can cry T.T sets me thinking why put so much cash $75k to earn peanuts.
 
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chiokcc

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maumu said:
comparing April and coming November (after 6 months) really can cry T.T sets me thinking why put so much cash $75k to earn peanuts.
Click to expand...

I see it on another way, which I think most people will not agree with.

Treat the $75k not as something that you can invest for higher returns, but as emergency funds.

If I am able to spend min of $500 on credit card, and with bonus interest of ~$70, I compute as (70/500) = 14% cash rebate.

If you include quarterly rebates, it will be {70+(50/3))/500} = 17.3%
 
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