UOB ONE Account

[Trazora]

i thought insurance premium payment is an eligible card spent! luckily i saw this thread!

Insurance still counted to uob one account bonus interest, not counted to card rebate though.

 

[chiokcc]

(with corrections)
<< UOB OneAccount bonus interest chronology >>

Bonus interest if you satisfy the required conditions and have ADB of $75k in the account :

01 August 2018 to 30 April 2020
($4.903)×(no of days in the month)
28 days in the month = $137.27
29 days in the month = $142.17
30 days in the month = $147.08
31 days in the month = $151.98

01 May 2020 to 31 July 2020
($3.58767)×(no of days in the month)
28 days in the month = $100.45
29 days in the month = $104.04
30 days in the month = $107.63
31 days in the month = $111.21

From 01 Aug 2020 to ....
($2.3630)×(no of days in the month)
28 days in the month = $66.16
29 days in the month = $68.52
30 days in the month = $70.89
31 days in the month = $73.25

B.U.M.P..... bonus is in this morning...

 

[gnixer]

Getting lesser month by month

 

[Utonian]

Getting lesser month by month

OCBC going to drop again, hope UOB dun follow..

rise like snail, drop like meteorite....

 

[Illusionist_85]

almost half gone, still better than the regular savings

 

[chiokcc]

Anyone knows if closing a UOB savings account can be done online, or need to do so personally at physical branch?

 

[Sprinter261]

Can only close at physical branch, I called them to ask the same question yesterday.

Anyone knows if closing a UOB savings account can be done online, or need to do so personally at physical branch?

 

[chiokcc]

Can only close at physical branch, I called them to ask the same question yesterday.

Thanks... guess I have to make a trip down ....

 

[chopra]

Anyone knows if closing a UOB savings account can be done online, or need to do so personally at physical branch?

gg u also close

Sent from Samseng GAAAGEEPEE using GAGT

 

[Eternit]

Why bother closing? Can just withdraw all leave $0 inside? Did that for my CIMB account nothing bad happen

 

[silverbomb]

Why bother closing? Can just withdraw all leave $0 inside? Did that for my CIMB account nothing bad happen

It goes into negative value, uob does charge fall below fees.

Posted from PCWX using SM-G965F

 

[alvismah]

Those closing the account , jumpship to where?

 

[maumu]

Why bother closing? Can just withdraw all leave $0 inside? Did that for my CIMB account nothing bad happen

iirc CIMB is the only bank that has no fall-below fee for savings accounts. but need min $1k to earn interest.

 

[yuzu28]

Why bother closing? Can just withdraw all leave $0 inside? Did that for my CIMB account nothing bad happen

Better not, they will charge you when you go there close the account. The initial minimum balance for UOB One was $500 I remember. Then, I left $1000 in there and on one occasion it fell to $990 cos of withdrawal. It was below $1000 for months and I did not check. One fine day, I login and saw deduction of $5 per month. I immediately went to the bank to close it. Request for waiver is very tough at UOB. Whereas OCBC will help.

 

[comcrepe]

My bonus interest is in for Sept but only received $12. Something is not quite right as I received about $100 for Aug. Checked credit card spend and hit the $500 min and have 3 GIRO transactions.

The only difference for Aug is when I wrote to Geneco (paid via GIRO) to stop renewing my contract. But that expires in Nov.

 

[Trazora]

My bonus interest is in for Sept but only received $12. Something is not quite right as I received about $100 for Aug. Checked credit card spend and hit the $500 min and have 3 GIRO transactions.

The only difference for Aug is when I wrote to Geneco (paid via GIRO) to stop renewing my contract. But that expires in Nov.

Interest rate dropped drastically for Aug balance, but still seems low. You have less balance? Confirm have 3 successful giro deductions from uob one account?

 

[chiokcc]

(with corrections)
<< UOB OneAccount bonus interest chronology >>

Bonus interest if you satisfy the required conditions and have ADB of $75k in the account :

01 August 2018 to 30 April 2020
($4.903)×(no of days in the month)
28 days in the month = $137.27
29 days in the month = $142.17
30 days in the month = $147.08
31 days in the month = $151.98

01 May 2020 to 31 July 2020
($3.58767)×(no of days in the month)
28 days in the month = $100.45
29 days in the month = $104.04
30 days in the month = $107.63
31 days in the month = $111.21

From 01 Aug 2020 to ....
($2.3630)×(no of days in the month)
28 days in the month = $66.16
29 days in the month = $68.52
30 days in the month = $70.89
31 days in the month = $73.25

$12 is a bit on the low side....

 

[comcrepe]

Interest rate dropped drastically for Aug balance, but still seems low. You have less balance? Confirm have 3 successful giro deductions from uob one account?

Yah, that's what I thought too. i read about the interest rate drop but the drop is abnormal.

Balance seems about right as even if it's $1,000 lesser than the previous month, there is no reason for the drop. Only reason can think of is one of my giro transactions are not in place.

2 of my giros are to pay UOB credit cards
1 for Geneco.

i shall go check.

 

[comcrepe]

damn it. found the problem. a user problem.

there was no spend on my 2nd UOB credit card, hence no giro deduction.
got to remind myself to at least make one transaction on that card.

 

[maumu]

damn it. found the problem. a user problem.

there was no spend on my 2nd UOB credit card, hence no giro deduction.
got to remind myself to at least make one transaction on that card.

it's good to have more giro arrangements where possible... i channel all my other card bills to UOB One account. and then there's income tax + property tax...