UOB ONE Account

[gobin74]

You'll see the balance disappear from avaikable balance

Hey SGLANDSCAPE . Many thanks today at 755 pm i am seeing earmarked i think ...yes 50k has disappeared . Some clarifications plz if i may :

1) my balance now was $153307... Now my balance after the 50k disappered is $103307 - 50k is earmarled
Also $250 is credited to my account

Noob q :

(A) can i now keep my average balance around $150,000 or i have to maintain $152500(my average balamce) ,,, can i withdraw the incremental say $2500 plz ?
(B) Till what date is the 50k earmarked ?

Note : i am merely looking for guidelines and broad ideas,,,,

Thanks again for yr assistance!

 

[sglandscape]

Hey SGLANDSCAPE . Many thanks today at 755 pm i am seeing earmarked i think ...yes 50k has disappeared . Some clarifications plz if i may :

1) my balance now was $153307... Now my balance after the 50k disappered is $103307 - 50k is earmarled
Also $250 is credited to my account

Noob q :

(A) can i now keep my average balance around $150,000 or i have to maintain $152500(my average balamce) ,,, can i withdraw the incremental say $2500 plz ?
(B) Till what date is the 50k earmarked ?

Note : i am merely looking for guidelines and broad ideas,,,,

Thanks again for yr assistance!

Can actually withdraw the amount that is not earmarked in practice, though the tnc say needs to maintain at least the average balance. So do it at your own risk

Going to be earmark until mid 16 Sept, if yours start in Jun

 

[gobin74]

Can actually withdraw the amount that is not earmarked in practice, though the tnc say needs to maintain at least the average balance. So do it at your own risk

Going to be earmark until mid 16 Sept, if yours start in Jun

Thanks better to maintain the Average balance .. Now average balance of which month shld be maintained plz ?

Cheerio

 

[ekardo]

yes...earmarked this evening..

funny thing is, my ADB didnt hit 50k due to the stupid system didnt count 1st May as 1st day...but I still get earmark for 50k...not sure if it's my complaint to UOB works or their system not very firm on the ADB..

 

[kariage]

Anyone know if we have 150k earmarked, do we still need to maintain 1000 minimum balance in the non earmarked balance?

 

[Sambuca78]

Anyone know if we have 150k earmarked, do we still need to maintain 1000 minimum balance in the non earmarked balance?

Don't need.

 

[vbhelper]

i got 50k locked up in big savings payout promo.
is this 50k also eligible for uob one interest?

 

[sglandscape]

i got 50k locked up in big savings payout promo.
is this 50k also eligible for uob one interest?

Yes

 

[60Remajust]

i got 50k locked up in big savings payout promo.
is this 50k also eligible for uob one interest?

after that they chut stunt and changed UOB one interest and also EVOL cashback

:'(

 

[sglandscape]

after that they chut stunt and changed UOB one interest and also EVOL cashback

:'(

That was the risk all along but gonna abandon the UOB One after the Evol nerf left a bad taste. Increasing the min spend and reducing the effective cash back, and having the audacity to brand it as "enhanced" was hypocrisy at its best. Would have been more palatable if they kept the effective cash back unchanged by up the min spend, or reduce the min spend and cap the cashback at a lower amount to manage their cost.

The 100k to 150k change and 5% cut to 4% was still reasonable given rates are coming down.

 

[60Remajust]

That was the risk all along but gonna abandon the UOB One after the Evol nerf left a bad taste. Increasing the min spend and reducing the effective cash back, and having the audacity to brand it as "enhanced" was hypocrisy at its best. Would have been more palatable if they kept the effective cash back unchanged by up the min spend, or reduce the min spend and cap the cashback at a lower amount to manage their cost.

The 100k to 150k change and 5% cut to 4% was still reasonable given rates are coming down.

yep the marketing ppl should be fired

u think your consumer so stupid, the bloggers will also know how to analyze and call you out on all their platforms

 

[maumu]

I 'emptied' out for June in preparation for Q3 savings promo... now with all these nerfs, maybe the bank will drop the promo rewards or... maybe not run the promo anymore?

might be time to move to OCBC liao lydat.

 

[ekardo]

I 'emptied' out for June in preparation for Q3 savings promo... now with all these nerfs, maybe the bank will drop the promo rewards or... maybe not run the promo anymore?

might be time to move to OCBC liao lydat.

where you park then? got higher than 4%?

 

[maumu]

where you park then? got higher than 4%?

OCBC salary+save+spend is already 4.65%... might just leave the UOB 'ecosystem' if this nerf thing carries on...

 

[ekardo]

OCBC salary+save+spend is already 4.65%... might just leave the UOB 'ecosystem' if this nerf thing carries on...

ah ok..
I think most people already on both UOB and OCBC and wondering where else can park the money..

too bad moomoo 6.8% no more liao..next best will be MARI at 2.88% for large amount.

 

[maumu]

ah ok..
I think most people already on both UOB and OCBC and wondering where else can park the money..

too bad moomoo 6.8% no more liao..next best will be MARI at 2.88% for large amount.

how does one credit salary to both accounts at the same time...?

 

[hyperfuse]

how does one credit salary to both accounts at the same time...?

would like to know as well. i am doing salary credit to uob one. how to do ocbc too if salary credit is for uob? ownself transfer and label as SAL payment?

 

[royalmix]

would like to know as well. i am doing salary credit to uob one. how to do ocbc too if salary credit is for uob?

Your company credit to OCBC!

ownself transfer and label as SAL payment?

You do this for UOB!

how does one credit salary to both accounts at the same time...?

You ask your HR to split and credit to both banks!

 

[hyperfuse]

Your company credit to OCBC!

You do this for UOB!

You ask your HR to split and credit to both banks!

ohh okay noted. thank you

 

[Sambuca78]

https://vt.tiktok.com/ZSYA54EVM/

Saw this, it says paynow works but i don't have 360 account to test it. Anyone tried? Thanks