UOB ONE Account

[chiokcc]

I’m reading that the actual highest interest rate assuming all criterias satisfied (including 100k account balance) that you can get is 5%, and not 7.8%. Is this true ah?

yes, the EIR (effective interest rate) is ~ 5% p.a. (per annum)

(30k X 3.85%) + (30k X 3.90%) + (15k X 4.85%) + (25k X 7.80%) = 500.25k

take 500.25k / (30k + 30k +15k +25k) = 500.25/100 = 5.0025%

 

[chiokcc]

From 01 Dec 2022, if you spend min. $500 on eligible CC spend and credit your salary, and has $100k in UOB one acct, the bonus interest per month should be :


28 days in the month = $371.91
29 days in the month = $393.48
30 days in the month = $407.05
31 days in the month = $420.62

If bonus interest comes in tomorrow, see if my calculation was correct ....

 

[spearhawk]

I understand the bonuse interest comes in on the 2nd working day of the mth.

tncs does not specify when bonus interest will come in though

 

[D4nnyeng]

tncs does not specify when bonus interest will come in though

login to your uob TMRW app. Go to your ONE account, go under “Details”, scroll all the way down to “Bonus Interest History”, click on “How it works”, scroll all the way down. You can see

“When will you get your interest?

Base level interest will be paid on the last day of the month. Level 1 and 2 bonus interest will be paid on the 2nd working day of the next month.”

 

[coey]

tncs does not specify when bonus interest will come in though

Check again at 9am.

 

[CommanderPilot]

One Bonus interest is in.

 

[Cumzilla]

One Bonus interest is in.

If bonus interest comes in tomorrow, see if my calculation was correct ....

yes, it is in, your calculation is accurate.

 

[direbmem]

yes, it is in, your calculation is accurate.

Nice! A cool S$424 and in so early!

 

[Spongebob79]

If bonus interest comes in tomorrow, see if my calculation was correct ....

I have the full required amount for 7.8% and the app also show i m level 2 as required ( sepnd credit card + salary crediting) but i didnt get $424 just roughly $200++. Any one same problem?

 

[Vulpix]

Wtf why the interest I got today is almost double from the previous months?

 

[gnixer]

If bonus interest comes in tomorrow, see if my calculation was correct ....

beyond 100k, it is not calculate?

 

[NTTDoCoMo]

Wtf why the interest I got today is almost double from the previous months?

UOB One Account Bonus Interest was revised on 1st December 2022.

https://www.uob.com.sg/personal/save/everyday-accounts/one-account.page

 

[yiwei]

I have the full required amount for 7.8% and the app also show i m level 2 as required ( sepnd credit card + salary crediting) but i didnt get $424 just roughly $200++. Any one same problem?

Did you have 100k throughout the month of Dec? Interest is calculated by monthly average balance

 

[final1]

I have the full required amount for 7.8% and the app also show i m level 2 as required ( sepnd credit card + salary crediting) but i didnt get $424 just roughly $200++. Any one same problem?

Is this a secure statement to make on the internet? lol

 

[SeafoodGuy]

I have the full required amount for 7.8% and the app also show i m level 2 as required ( sepnd credit card + salary crediting) but i didnt get $424 just roughly $200++. Any one same problem?

look at your monthly average. Click on the bonus interest, it tells your monthly average. If you have deposit 100k on the let’s say 20th, doesn’t mean you have will have 100k monthly average. But it will be 100k monthly average for Jan if you don’t withdraw.

 

[bettersaint]

Anyone managed to inter-bank transfer as salary.

Does it count towards the salary component?

 

[rrr2015]

UOB One Account Bonus Interest was revised on 1st December 2022.

https://www.uob.com.sg/personal/save/everyday-accounts/one-account.page

almost wanted to move funds into tbills, so they finally up the bonus interests

 

[camholicx]

almost wanted to move funds into tbills, so they finally up the bonus interests

Max is 100k?

 

[Spongebob79]

Ok i got it thanks

 

[ashketchum]

For those who applied recently how long does it take for you to receive the debit card? I just applied the one account with one cc ytd and only received email to say my one account is approved, no mentioned about the cc whether approved or not. Is it normal? Asking cos I need to know whether I need to wait for both to be approved before shifting my fund over? As of now I still can't log in to IB as I don't have the debit card to reset the password. Hoping those who had applied recently can share your experience, thanks in advance.

Be prepared to wait at least one month. My cc applied in early December until now no news