UOB ONE Account

[maumu]

Thanks! How to check which month i joined? Is it from the expiry month?

wait for your first statement, it'll be mentioned like which are your months for each quarter.

pro-tip: call in and ask to align the dates to the months for the monthly statement (e.g. 1 Aug - 31 Aug).

 

[yslvlys]

i din bother when. They sent sms and very much later a letter. i am thankful to get it.

OK given that your update is in July, probably it took 1 mth or so.

 

[tigertail]

if you are also using one account, u can call up CSO to ask them to align your one card billing cycle to month end

 

[vbhelper]

do u inform ur bank in advance before travelling overseas just in case ur credit card fraud alert kicks in and block ur transaction?

 

[occamsrazor]

For the nation of savers promotion, I should register participation or deposit the new funds first? Or it doesn't matter?

Can I indicate the commencement of earmark period i.e. 5 months in the participation form or it will start to count upon deposit of fresh funds. Tried to find the info on UOB website but couldn't find. Participation form is also not available due to scheduled maintenance today

 

[ahchan]

Stash Account (100k)

To fully leverage on this promo, Fund in on 31 Jul, withdraw only on 1 Jan

31Jul - 1Jan = 155 Days
Total interests: $1256.31 (S$0.13 + S$254.52 + S$246.31 + S$254.52 + S$246.31 +S$254.52)
+ Earmarked bonus $700
= $1956.31 / 155d
= a 4.606% EIR 5 Months "FD" option

My current Stash is left with just 1k there.
So, for this promotion, I need to deposit fresh 100k during July. (Already registered for the promo on 2-Jul)
Is it sufficient to deposit on 31-Jul or need to deposit on 30-Jul to be safe?
The ADB of July will also take the balance on 01-Aug 00:00hrs?

 

[ahbear82]

based on month you joined (e.g. Feb - Apr; May - Jul, etc.).

actually have been sticking with One card quarterly rebate for many years liao... it's good cashback for those who're disciplined enough to track their expenses to max the rebate (neither underspend nor overspend) and have another 'spare' fuss-free card for other rebates (like the SC unlimited or maybe Citi true cashback).

Meaning only to spend the bare minimum to hit the $500 quota on UOB One card and use other bank CC like OCBC365 for the rest of the spending? I do feel that the UOB One card rebate is more as goood compare to 365..

 

[TyL3r_DuRd3n]

Meaning only to spend the bare minimum to hit the $500 quota on UOB One card and use other bank CC like OCBC365 for the rest of the spending? I do feel that the UOB One card rebate is more as goood compare to 365..

For my spending trend, UOB ONE CC fits me better, thus better cashback as I used the qualifying merchants more often.
OCBC 365 really hard to earn the cashback. simi sai also not qualified.
I have parked some funds in CIMB due to no minimum requirements to earn interest, as such, I stopped using OCBC 360 and OCBC 365 altogether.
For non-qualifying merchants, I used HSBC Advance.

 

[maumu]

Meaning only to spend the bare minimum to hit the $500 quota on UOB One card and use other bank CC like OCBC365 for the rest of the spending? I do feel that the UOB One card rebate is more as goood compare to 365..

I use Standard Chart's Unlimited Cash Card (it changed name to what... simply cash or something) after I finished clocking the desired mileage ($500, $1000 or $2000).

it's just 1.5% cashback but quite fuss-free. no min. or complicated restrictions.

 

[Uacesg]

This saver / deposit programme seems erratic. So I wrote in to UOB and asked why my money wasn’t earmarked by end June. They replied stating I didn’t fulfil the topup amount against March average balance. which is not true.

Then the next day 15 July, suddenly my account shows the earmarked amount.

Is it unusual? Since the earmarking should be at month end like 30 June? Just want to get the facts right before I escalate to the bank. Also, the lock up period is 4 months right? Noticed that the current nation of savers, the lock up period becomes 5 months

 

[dgeralds]

Hi all

1. In June 2024 I had 100k average
2. On 28 jun 2024, I registered for "Big savings payout promotion" and immediately transferred 50k
3. 50K earmarked on 15 jul 2024 and I received bonus $250

Can I do the following to get $100 bonus?

1. Withdraw 20k around 20 jul 2024
2. Register for "Nation of Savers Promotion" on 20 sep 2024 for 20K.
3. Transfer in 20k on 20 sep 2024

Thank you.

 

[AppleiPhone]

Hi all

1. In June 2024 I had 100k average
2. On 28 jul 2024, I registered for "Big savings payout promotion" and immediately transferred 50k
3. 50K earmarked on 15 jul 2024 and I received bonus $250

Can I do the following to get $100 bonus?

1. Withdraw 20k around 20 jul 2024
2. Register for "Nation of Savers Promotion" on 20 sep 2024 for 20K.
3. Transfer in 20k on 20 sep 2024

Thank you.

Your point 2 date 28 Jul 2024 very weird... trying to understand your question. Toady only 16 July. Can't figure out what you trying to ask.

 

[dgeralds]

Your point 2 date 28 Jul 2024 very weird... trying to understand your question. Toady only 16 July. Can't figure out what you trying to ask.

I edited it. My mistake. Should read 28 june 2024.

 

[AppleiPhone]

This saver / deposit programme seems erratic. So I wrote in to UOB and asked why my money wasn’t earmarked by end June. They replied stating I didn’t fulfil the topup amount against March average balance. which is not true.

Then the next day 15 July, suddenly my account shows the earmarked amount.

Is it unusual? Since the earmarking should be at month end like 30 June? Just want to get the facts right before I escalate to the bank. Also, the lock up period is 4 months right? Noticed that the current nation of savers, the lock up period becomes 5 months

Many fail to understand this bank game.
What's your March ADB shown at your online banking? $A
How much your amount shown on 31 May? $B
What's the amount you registered? $C
Is B minus A > or = C ? If no then the bank wins.

 

[ThreeSteps]

Banks always win and they ain’t your friend..

Anyway, yes it is greater than C. That’s why now I got the earmark after I queried the bank. However, they only did the earmark at 15 July rather than end June. Anyone encountered this? That the earmark is at the mid of month

Big Savings Payout Promotion
deposit/register during (1 May to 31 May) - earmark by 28 June, earmark end-date 16 Sep 2024
deposit/register during (1 June to 29 June) - earmark by 31 July, earmark end-date 16 Oct 2024

For normal cases, they earmark mid-month to 4th week. What is important in your case is to ask the bank what is your earmark end-date ?

 

[Uacesg]

deposit/register during (1 May to 31 May) - earmark by 28 June, earmark end-date 16 Sep 2024
deposit/register during (1 June to 29 June) - earmark by 31 July, earmark end-date 16 Oct 2024

For normal cases, they earmark mid-month to 4th week. What is important in your case is to ask the bank what is your earmark end-date ?

Thanks bro yep I’ll ask the bank on the end date.

 

[Roflcopterr]

Hi bros,recently opened a uob one account and salary coming in a few days. seeing diff methods on the salary crediting hack from past edmw and Reddit threads so need someone to clarify which option here is the correct

A Paynow 1.6k to UOB one account + “PAYNOW SALA” as comment

B. Local transfer 1.6k to UOB One account + Purpose of transfer as “Salary Payment” (should this be done via a FAST transfer or non-FAST transfer?)

 

[oceanicmanta]

Hi bros,recently opened a uob one account and salary coming in a few days. seeing diff methods on the salary crediting hack from past edmw and Reddit threads so need someone to clarify which option here is the correct

A Paynow 1.6k to UOB one account + “PAYNOW SALA” as comment

B. Local transfer 1.6k to UOB One account + Purpose of transfer as “Salary Payment” (should this be done via a FAST transfer or non-FAST transfer?)

just try, then check the App, day after to see if the tracker moves

 

[kurt111494]

Hi guys, sorry but when participating in the Savings Promotion, the earmarked amount disappears from the monthly average balance?

Does this mean I cannot reap the UOB One account interest simultaneously with the Savings Promotion?

 

[maumu]

Hi guys, sorry but when participating in the Savings Promotion, the earmarked amount disappears from the monthly average balance?

Does this mean I cannot reap the UOB One account interest simultaneously with the Savings Promotion?

you will see two values:

Current Balance:
Available Balance: (Current Balance) - (Earmarked, if any)

The interest earned for the account is based on Current Balance, so don't worry about the earmarked amount not being available.