UOB ONE Account

[tiny]

It is 2.43% if meet 3 giro bill payment or salary crediting requirement

Advertisement put 3.33% leh

 

[Panerex]

Mine not in yet

 

[AMD_FREAK]

UOB One bonus interest is in!

Mine is in too!

Advertisement put 3.33% leh

But the effective interest rate (EIR) is not 3.33%...

 

[chiokcc]

Advertisement put 3.33% leh

2.43% is for first $50k deposited in One acct (must meet the Average Daily Balance criteria too), and meet the $500 min UOB one credit card spend + min $2k salary credited or 3 Giro.

T&Cs here for clarification :

http://www.uob.com.sg/personal/deposits/chequeing/one_account.html?s_cid=OneAcc_HBann

 

[Trazora]

Advertisement put 3.33% leh

False advertising.

1st 10k 1.5%
Next 20k 2%
Another 20k 3.33%

Effectively 2.43% for 50k.

 

[chiokcc]

If factor in the UOB one card quarterly rebate, max interest + rebate is 4.8%?

http://www.uob.com.sg/personal/cards/credit/one/

2.43% pa of $50k = $1216
Quarterly rebate = 4X$50 or 4x$100 or 4X$300 = $200/$400/$1200

Max possible will be $1216 + $1200 = $2416

2416/50000 = 4.8% pa

 

[alt2015]

i have met the qtrly 500 spending on cc but have not seen any 50 dollar rebate. Is it reflected in one account or uob one card? Which day is it credited?

 

[Trazora]

If factor in the UOB one card quarterly rebate, max interest + rebate is 4.8%?

http://www.uob.com.sg/personal/cards/credit/one/

2.43% pa of $50k = $1216
Quarterly rebate = 4X$50 or 4x$100 or 4X$300 = $200/$400/$1200

Max possible will be $1216 + $1200 = $2416

2416/50000 = 4.8% pa

Lol adding apple and orange

 

[chiokcc]

i have met the qtrly 500 spending on cc but have not seen any 50 dollar rebate. Is it reflected in one account or uob one card? Which day is it credited?

Depends on your qualifying quarter, which is reflected in your CC bill. If unsure, can call customer svc to check.

As an example, if qualifying quarter is Mar/Apr/May, and for those 3 months you managed min $500 spend per month, in the bill for June, you will see it credit to you CC bill under "UOB ONE CASH REBATE BILL REDEMPTION". This $50 is used to offset your CC bill, does not go your your One acct

 

[Trazora]

i have met the qtrly 500 spending on cc but have not seen any 50 dollar rebate. Is it reflected in one account or uob one card? Which day is it credited?

The $50 will be used to offset your subsequent uob one card bill

 

[chiokcc]

Another FAQ people asked, continuing from the above eg., if June cc bill is $500.01, and with the $50 rebate, the bill becomes $450.01, does it mean that I did not hit the $500 min spend for that month?

Answer is NO, amount spend is still $500.01, which is >$500 min spend. The $50 rebate just make outstanding balance lesser ...

 

[chiokcc]

Lol adding apple and orange

Haha, just providing another perspective

 

[zoossh]

If factor in the UOB one card quarterly rebate, max interest + rebate is 4.8%?

http://www.uob.com.sg/personal/cards/credit/one/

2.43% pa of $50k = $1216
Quarterly rebate = 4X$50 or 4x$100 or 4X$300 = $200/$400/$1200

Max possible will be $1216 + $1200 = $2416

2416/50000 = 4.8% pa

Difficult to compare in such a way.

Most 500 spend have variable returns depending on category spend and personal spending habits. This varies widely and difficult to
Compare with independent accounts/cc spend

This is only 2.83

Those with 1-2k spend are mostly mile cards which have even more difficult to compare depending what is the true value u value your business flight

 

[maumu]

sorry, lazy to scroll through 53 pages..

but does anyone knows what happens to the amount exceeding of $50k? what's the interest rate for that?

I know that the bonus interest is only for the first $50k.

 

[arigatoast]

sorry, lazy to scroll through 53 pages..

but does anyone knows what happens to the amount exceeding of $50k? what's the interest rate for that?

I know that the bonus interest is only for the first $50k.

exceeding will be under base interest.

pls dont lazy and go to uob one website to find out wad is the base interest of uob one acc

 

[zoossh]

sorry, lazy to scroll through 53 pages..

but does anyone knows what happens to the amount exceeding of $50k? what's the interest rate for that?

I know that the bonus interest is only for the first $50k.

i think is 0.05%.

but i think u no need bother to go and check. prevailing in most banks are going to be 0.01-0.10 and large amounts are not going to be high either.

in short, above 50k dun keep in this account.

 

[maumu]

exceeding will be under base interest.

pls dont lazy and go to uob one website to find out wad is the base interest of uob one acc

i'd gone to the website before I asked the question - there's no mention about the rate for amounts in excess of 50k.

i think is 0.05%.

but i think u no need bother to go and check. prevailing in most banks are going to be 0.01-0.10 and large amounts are not going to be high either.

in short, above 50k dun keep in this account.

thanks. just confirmed from my RM that it's indeed 0.05.

 

[zoossh]

thanks. just confirmed from my RM that it's indeed 0.05.

lol. like that also got to trouble the rm ah? anyway u got intention to put in more than 50k meh?

dun bother with those that put a cap. 360, u1, boc. just keep to quota.

 

[efreelancer]

UOB One bonus interest is in!

wow so fast. Now 2 July liao, mine still not in yet

 

[dork32]

still not in, means dont have already. you can start complaining