UOB ONE Account

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ChrisL82

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sglandscape said:
Did you exclude the base interest which is paid end of month? Also based on 366 days since its a leap year.
Click to expand...

Hi sglandscape,

For May
30,000.00
3.00%​
76.23
30,000.00
3.00%​
76.23
15,000.00
3.00%​
38.11
25,000.00
4.50%​
95.29
25,000.00
4.50%​
95.29
25,000.00
6.00%​
127.05
150,000.00Lst 150K508.20

For Jun
30,000.00
3.00%​
73.77
30,000.00
3.00%​
73.77
15,000.00
3.00%​
36.89
25,000.00
4.50%​
92.21
25,000.00
4.50%​
92.21
25,000.00
6.00%​
122.95
150,000.00Lst 150K491.80
 
M

Mickey01

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ChrisL82 said:
Hi sglandscape,

For May
30,000.00
3.00%​
76.23
30,000.00
3.00%​
76.23
15,000.00
3.00%​
38.11
25,000.00
4.50%​
95.29
25,000.00
4.50%​
95.29
25,000.00
6.00%​
127.05
150,000.00Lst 150K508.20

For Jun
30,000.00
3.00%​
73.77
30,000.00
3.00%​
73.77
15,000.00
3.00%​
36.89
25,000.00
4.50%​
92.21
25,000.00
4.50%​
92.21
25,000.00
6.00%​
122.95
150,000.00Lst 150K491.80
Click to expand...
you add the base interest of 0.05% credited on 31 May 2024 + BI credited on 3rd Jun 2024 is not close to your $508.20?
 
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ChrisL82

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Mickey01 said:
you add the base interest of 0.05% credited on 31 May 2024 + BI credited on 3rd Jun 2024 is not close to your $508.20?
Click to expand...
31 May base interest credited is 6.37 and bonus interest on 3 Jun credited is 503.21, gives me a total of 509.58. Yes is closer.
I thought my calculation of 508.20 is excluding the base interest. The rest is rounding diffs, makes sense. Just being OCD. Thanks
 
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NTTDoCoMo

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ChrisL82 said:
31 May base interest credited is 6.37 and bonus interest on 3 Jun credited is 503.21, gives me a total of 509.58. Yes is closer.
I thought my calculation of 508.20 is excluding the base interest. The rest is rounding diffs, makes sense. Just being OCD. Thanks
Click to expand...

You change the interest % to the below and will tally.

FromTo
3.00%2.95%
4.50%4.45%
6.00%5.95%
 
N

NTTDoCoMo

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UOB Nation of Savers Promotion​

Stand up, Singapore, for the savings promotion you’ve been waiting for! Get up to S$1,500 cash* when you save with UOB. Promotion ends 30 Sep 2024.

Here’s how you can get a guaranteed reward of up to S$1,100 cash:
Step 1: Register your participation here by 30 Sep 2024
Step 2: Deposit new funds1 in your eligible UOB savings account. These new funds will be set aside for 5 months and cannot be withdrawn within this period
  • Top up S$20,000 new funds to get S$100 cash credit
  • Top up S$50,000 new funds to get S$300 cash credit
  • Top up S$100,000 new funds to get S$700 cash credit
  • Top up S$150,000 new funds to get S$1,100 cash credit
Participating Deposit date or Participation Form submission date, whichever is later (“Qualifying Period”)Participating Deposit will be Earmarked and Cash Credit will be credited by Earmark End Date (including this date)
1 July 2024 to 31 July 2024 30 August 2024 17 December 2024
1 August 2024 to 31 August 202430 September 2024 17 January 2025
1 September 2024 to 30 September 202431 October 202417 February 2025


https://www.uob.com.sg/web-resource...on/terms-and-conditions-savings-promotion.pdf
 
Last edited:
waddahell

waddahell

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For the earmark promo, are you able to participate in both UOB one and Stash account?
 
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maumu

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waddahell said:
Smart I guess.
Jan/Feb/March promo (ref Dec) cannot do 150K since the earliest release for this promo will be 17th Dec.
Click to expand...
very evil indeed. cannot 'empty' out in Dec for reference month for 25Q1.
 
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rerear

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register first or transfer in first or doesn't really matter? which is the reference month for the promo?
 
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Sambuca78

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The interest also dropped, previously was 1000 for 4 mths (250/mth). Now is 1100 for 5 mths (220/mth)
 
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Sambuca78

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waddahell said:
Smart I guess.
Jan/Feb/March promo (ref Dec) cannot do 150K since the earliest release for this promo will be 17th Dec.
Click to expand...
Still can do, withdraw everything on 17 Dec, so the MAB will be around 75k, then q1 2025 +150k, so total 225k lo.

But worth it or not...
 
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maumu

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Sambuca78 said:
Still can do, withdraw everything on 17 Dec, so the MAB will be around 75k, then q1 2025 +150k, so total 225k lo.

But worth it or not...
Click to expand...
anything above 150k will only earn 0.05% base interest.

you'll be wasting that amount earmarked for 5 to 6 months..
 
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chiokcc

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NTTDoCoMo said:

UOB Nation of Savers Promotion​

Stand up, Singapore, for the savings promotion you’ve been waiting for! Get up to S$1,500 cash* when you save with UOB. Promotion ends 30 Sep 2024.

Here’s how you can get a guaranteed reward of up to S$1,100 cash:
Step 1: Register your participation here by 30 Sep 2024
Step 2: Deposit new funds1 in your eligible UOB savings account. These new funds will be set aside for 5 months and cannot be withdrawn within this period
  • Top up S$20,000 new funds to get S$100 cash credit
  • Top up S$50,000 new funds to get S$300 cash credit
  • Top up S$100,000 new funds to get S$700 cash credit
  • Top up S$150,000 new funds to get S$1,100 cash credit
Participating Deposit date or Participation Form submission date, whichever is later (“Qualifying Period”)Participating Deposit will be Earmarked and Cash Credit will be credited by Earmark End Date (including this date)
1 July 2024 to 31 July 2024 30 August 2024 17 December 2024
1 August 2024 to 31 August 202430 September 2024 17 January 2025
1 September 2024 to 30 September 202431 October 202417 February 2025


https://www.uob.com.sg/web-resource...on/terms-and-conditions-savings-promotion.pdf
Click to expand...

If I have average $170k for the whole month of June in my UOB one acct. If I sign up for this promo, I need to transfer $150k from a different bank into my UOB one acct this month and this $150k will be earmarked tilll Dec.

Since this $150k is already earmarked, I am able to withdraw the original $170k, and I can continue enjoy the bonus interest from UOB one since I still have $150k in my acct?

This is the above correct?
 
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chiokcc

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ChrisL82 said:
Thanks.
I always derived a slightly higher figure
For example for May, based on my calculations, it’s 508.20 and for Jun, its 491.80. Do you know why ? Thanks.
Click to expand...
My numbers exclude the base interest of 0.05%, that is why it is termed "bonus interest" .......

Anyway, I used 365 days in a year for calculation .....
 
Last edited:
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chiokcc

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chiokcc said:
If I have average $170k for the whole month of June in my UOB one acct. If I sign up for this promo, I need to transfer $150k from a different bank into my UOB one acct this month and this $150k will be earmarked tilll Dec.

Since this $150k is already earmarked, I am able to withdraw the original $170k, and I can continue enjoy the bonus interest from UOB one since I still have $150k in my acct?

This is the above correct?
Click to expand...
OK, guess the above does not work ..... just read the T&Cs ..... wishful thinking on my side ......
 
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