UOB ONE Account

[Melvyn_]

12 days promo need to lock 4 months, is the cash given on top of One Account's own interests payout?

Incremental Fresh Funds are measured against your Eligible Account’s day-end balance as at 31 October 2022 and earmarked for approximately 4 months.

Would like to know this as well but based on my understanding, the interest is paid out on the 'Account' balance and not the 'Available balance'. Maybe those that have done the earmarking of funds before can give a comment if they received the interest rates based on the earmarked funds? Thanks in advance

 

[kimyang]

Would like to know this as well but based on my understanding, the interest is paid out on the 'Account' balance and not the 'Available balance'. Maybe those that have done the earmarking of funds before can give a comment if they received the interest rates based on the earmarked funds? Thanks in advance

same question here, if you earmark the funds for the cash gift, does it still earn the uob one account interest for 500 cc spend and salary credit?

website says
“Earmarked” means that the amount deposited will not be reflected in Account
statements and cannot be withdrawn.

 

[mp4005 help]

True, most cannot meet the higher Tiers and credit card spend, just stick to Trust Savings or no locked savings accounts for 2.5% will do fine. When save to a lump sum, then decide on a bank with the highest FD or like hwzoners here run round with their above $200k for high yield savings accounts, satki right.

RHB HYSA is no lock in and has zero criteria for the promotion. Dec put in HYSA , Jan move to another account then Feb move back into HYSA. assuming you either just opened the account or had little money inside.

it is like 5.5% for no frills. enjoy Dec then decide what to do next.
even you withdraw middle of Dec the monthly average will factor the bonus interest for you.

 

[CommanderPilot]

Would like to know this as well but based on my understanding, the interest is paid out on the 'Account' balance and not the 'Available balance'. Maybe those that have done the earmarking of funds before can give a comment if they received the interest rates based on the earmarked funds? Thanks in advance

yes, interest rates is including the earmarked funds. I signed up for the deposit promo in August. My earmarked funds will be released in the mid of this month.

 

[athenawong]

yes, interest rates is including the earmarked funds. I signed up for the deposit promo in August. My earmarked funds will be released in the mid of this month.

So your available balance is 0 all the way? And interest still keeps coming?

 

[Gattberserk]

3 giro and 500 spend earn 3%?

Can confirm 3 giro doesnt work?

 

[Gattberserk]

same, everything is intranet submit. so everytime change, no issues as it's semi-automated. cannot split nia.

Actually my company split OT pay into 2 different dates, i really wonder why cannot split bank account since they are acting OT pay and normal days into 2 pay days. Damn wasted if u ask me.

 

[i_dun_understand]

Can confirm 3 giro doesnt work?

doesn't work to earn the full EIR 5%

 

[mikezuper]

doesn't work to earn the full EIR 5%

Anyone know if the giro counted same company but diff bill:
- singtel mobile
- singtel broadband
- pub

 

[reiser]

Anyone know if the giro counted same company but diff bill:
- singtel mobile
- singtel broadband
- pub

I also asked UOB yesterday. Same company but 2 or 3 giro can or not?

She said cannot. Must be 3 different companies.

 

[Bunta]

report back here, tried using paynow with the reference "PAYNOW SALA", salary tracker doesn't move....

 

[Mickey01]

I’m shocked he actually tot it could work

hopeless liao .... some really pea brain

 

[sgbird]

I applied UOB one card yesterday till now no update from UOB. Is it normal?

 

[mikezuper]

I also asked UOB yesterday. Same company but 2 or 3 giro can or not?

She said cannot. Must be 3 different companies.

Ok thank you sir

 

[wynnest]

I applied UOB one card yesterday till now no update from UOB. Is it normal?

Same still no update on card application status

 

[reiser]

Ok thank you sir

You are welcome. I prefer to authenticate stuff rather than guess here guess there and try it out just to realise it doesn’t work. I think it’s smarter and more efficient than groping in the dark thinking ownself is very clever but others are dumb.

 

[4urorax]

Sorry I'm stupid and new to this but I have a question. This caught my eye due to the new high interest rates. My first time doing this. All the while I been doing SSB, etc. Want to shift $100k here but no matter how I do the counter (meeting all criteria) it hovers only around $5k returns per annum. Isn't 7.8% of $100K = $7,800?

Example SSB advertised rates at 3% and if allocated $20k, it is exactly returns of $600.

Thanks all in advanced for guidance.

 

[reiser]

Sorry I'm stupid and new to this but I have a question. This caught my eye due to the new high interest rates. My first time doing this. All the while I been doing SSB, etc. Want to shift $100k here but no matter how I do the counter (meeting all criteria) it hovers only around $5k returns per annum. Isn't 7.8% of $100K = $7800?

Example SSB advertised rates at 3% and if allocated $20k, it is exactly returns of $600.

Thanks all in advanced for guidance.

It’s not $100k at 7.85%. The interests are tiered so the EIR is 5%.

 

[4urorax]

It’s not $100k at 7.85%. The interests are tiered so the EIR is 5%.

Thank you. Then shouldn't they advertise as 5% instead? Since meeting all criteria for the 7.8% interest tier doesn't give 7.8% and only give 5%.

How did the 7.8% come about? Is there a formula to it? Thank you.

 

[wenguang]

Thank you. Then shouldn't they advertise as 5% instead? Since meeting all criteria for the 7.8% interest tier doesn't give 7.8% and only give 5%.

How did the 7.8% come about? Is there a formula to it? Thank you.

All bank like to advertise their highest interest for a certain tier. so just always take note and see the tnc.

Also UOBone rate since started from years, it is already in tiered system.