UOB ONE Account

[maumu]

Looks like you were correct; SimplyGo showed <$5 posted on Jan 18; UOB app shows that same amount debited on Jan 20. Transaction in the app was only updated on Jan 21.

Between Jan 18 and Jan 20, I didn't see that deduction marked as "pending" in UOB app. Maybe I'm just too used to looking at VISA credit card statements (without bus/mrt fares debits) where "pending" will appear immediately once a purchase is made.

You must be very new to SimplyGo.

All these are already in place since it rolled out years ago.

 

[1 Ghz]

You must be very new to SimplyGo.

All these are already in place since it rolled out years ago.

Not new to SimplyGo, just new to SimplyGo + Mastercard combo.

 

[chiokcc]

Repeating the info for convenience and reference sake .....

From 1st May 2024, computed bonus interest for the first $150k principal amount (average daily balance) :

28 days in the month = $454.52 (not yet verified)
29 days in the month = $470.75 (not yet verified)
30 days in the month = $486.98 (verified with June, September, November 2024 statements)
31 days in the month = $503.21 (verified with May, July, August, October, December 2024 statements)

Disclaimer : actual amounts may differ by a few cents due to rounding off, pls refer to bank for eventual amounts .....

Bonus interest should come in next Monday or Tuesday next week ....

 

[jeffong]

date of this posting : 01Jan2025

UOB Lunar New Year Pot of Gold Promotion
https://www.uob.com.sg/personal/pro...310325:Q1SAVE25:na:na&vid=na&pid=CD07Q1SAVE25

t&cs: https://www.uob.com.sg/web-resources/personal/pdf/personal/save/common/terms-and-conditions-savings-promotion.pdf?s_cid=grm:sgwnednlweb:casaprom:bu:na:casa:010125-310325:Q1SAVE25:na:na&vid=na&pid=CD07Q1SAVE25&adobe_mc=MCMID=38756991697174274933263467121842311791|MCORGID=116168F454E6DA2A0A4C98A6%40AdobeOrg|TS=1735681625
refer to point#2.4 - Participating Deposit Amount (Cash Credit Amount)
$20k ($68), $50k ($188), $100k ($388), $150k ($688)

refer to point#2.9 “Your Participating Deposit will be Earmarked for the period corresponding to your Participating Deposit date or Participation Form submission date (whichever is later) till the Earmark End Date as set out in the table below (“Earmark Period”). “Earmarked” means that the amount deposited and cannot be withdrawn. You are required to maintain the applicable minimum New Funds in your Participating Account (i.e. your Participating Account day-end balance should be at least the aggregate of your Account’s Monthly Average Balance for December 2024 and the Participating Deposit amount) for the full Earmark Period.

Qualifying Period 1 Jan to 31 Jan - (Earmarked by 28 Feb) - [Earmark End Date 18 June 2025]
Qualifying Period 1 Feb to 28 Feb - (Earmarked by 29 Mar) - [Earmark End Date 18 July 2025]
Qualifying Period 1 Mar to 29 Mar – (Earmarked by 30 Ap) – [Earmark End Date 18 Aug 2025]

Seems like this round of promotion no longer applies to existing UOB One customers as clause 2.6 (c) states that for existing UOB customer, you must submit an online application for a new Account. That means the only way to still participate for a current UOB One customer is to sign up for a Stash account instead. No more double dipping liao.

 

[shengliang1981]

Seems like this round of promotion no longer applies to existing UOB One customers as clause 2.6 (c) states that for existing UOB customer, you must submit an online application for a new Account. That means the only way to still participate for a current UOB One customer is to sign up for a Stash account instead. No more double dipping liao.

May I know which TNC are you referring to? If you are referring to the "UOB Lunar New Year Pot of Gold Promotion (1 January 2025 to 29 March 2025)" TNC, I don't see any clause 2.6 (c).

 

[jeffong]

May I know which TNC are you referring to? If you are referring to the "UOB Lunar New Year Pot of Gold Promotion (1 January 2025 to 29 March 2025)" TNC, I don't see any clause 2.6 (c).

My bad, I think I was reading the TNC for a seperate New Account Promo which led to the confusion.
https://www.uob.com.sg/web-resource...-online-promotion.pdf?vid=na&pid=CD07Q1SAVE25

 

[Rospenn]

Anybody knows how often UOB has promo such as the "UOB Lunar New Year Pot of Gold Promotion (1 January 2025 to 29 March 2025)"? I remb last year, they had one in Apr - June. Did they had 1 every quarter?

 

[IcYFl4mEz]

Anybody knows how often UOB has promo such as the "UOB Lunar New Year Pot of Gold Promotion (1 January 2025 to 29 March 2025)"? I remb last year, they had one in Apr - June. Did they had 1 every quarter?

Afaik , every quarter. Not sure about going forward

 

[Rospenn]

Afaik , every quarter. Not sure about going forward

Thanks. Understand that it's not a given.

 

[maumu]

been checking around... for existing UOB customers with UOB One (already with $150k insai), the next best alternative is Stash with $100k to get 3%? do we get to enjoy the LNY promo or not, the tnc is really confusing to understand. they also have a bunch of side promos like opening account promo, salary credit promo, etc.

 

[drkcynic]

Anyone didn't receive the interest for Jan? Or is it being delayed?

 

[sglandscape]

Anyone didn't receive the interest for Jan? Or is it being delayed?

When are you expecting to receive it?

 

[Sambuca78]

been checking around... for existing UOB customers with UOB One (already with $150k insai), the next best alternative is Stash with $100k to get 3%? do we get to enjoy the LNY promo or not, the tnc is really confusing to understand. they also have a bunch of side promos like opening account promo, salary credit promo, etc.

U referring to the earmarked LNY right?

Got la. Around 3.9% for 5 months.

 

[vsvs24]

Anyone didn't receive the interest for Jan? Or is it being delayed?

Just a few posts up mentioned (yesterday post) and you don't even bother to read.

 

[drkcynic]

Just a few posts up mentioned (yesterday post) and you don't even bother to read.

I read. Which post? It's not hard to add the post number as well instead of typing all these words.

 

[sglandscape]

I read. Which post? It's not hard to add the post number as well instead of typing all these words.

Is this your first time receiving the interest? This has been discussed many times, and another member has even calculated the amount expected based on number of days in the month. Well discussed for months now.

 

[drkcynic]

Is this your first time receiving the interest? This has been discussed many times, and another member has even calculated the amount expected based on number of days in the month. Well discussed for months now.

No, I always received it by the 2nd day of the new month, after the details section is refreshed to the next month. This month, for Jan interest, I did not get it on the 2nd day and the page is already refreshed to Feb. That is why I am asking.

You guys don't receive the interest on the 2nd day of the next month? Then when?

The details page does not show the Jan. In my past experience even when it is zero interest for whatever reason it will still show Jan.

 

[Arandalo]

No, I always received it by the 2nd day of the new month, after the details section is refreshed to the next month. This month, for Jan interest, I did not get it on the 2nd day and the page is already refreshed to Feb. That is why I am asking.

You guys don't receive the interest on the 2nd day of the next month? Then when?

The details page does not show the Jan. In my past experience even when it is zero interest for whatever reason it will still show Jan.

Bonus interest is credit on 2nd working day of the following month. Base interest is credit on the last day of the month (but back dated crediting so only can withdraw on the 1st of the following month).

On UOB app scroll down to How it works > scroll down again to When will you get your interest?

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.

 

[sglandscape]

No, I always received it by the 2nd day of the new month, after the details section is refreshed to the next month. This month, for Jan interest, I did not get it on the 2nd day and the page is already refreshed to Feb. That is why I am asking.

You guys don't receive the interest on the 2nd day of the next month? Then when?

The details page does not show the Jan. In my past experience even when it is zero interest for whatever reason it will still show Jan.

It has always been second business day, not second day. Which is still quite a number of days to go. If you are new to the account just say so, people would clarify the standard faq instead of having to make guess if you met the criteria or scare others that there is a nerf.

 

[drkcynic]

2nd working day.

That's not true. Dec 1st is a Sun, Nov 2nd is a Sat.

Am I in a twilight zone? Why so many people who doesn't even know anything keep sprouting up to talk nonsense?