|Summary of Product|
Base Interest Rate: 0.05% per annum
Max Interest Rate: Up to 3.88% per annum*
Fall below fees: $5 per month
Good for: Frequent local and overseas travelers with high monthly spending needs.
Minimum Initial Deposit: $1,000
Table of Content
1. Why should you choose the UOB One Account?
|Account Balance||Interest Rate (p.a.)^|
|^Meet min spend on card of S$500 and credit salary or make 3 GIRO debit transactions|
Key Benefit #1Earn a bonus interest of up to 3.88% per annum on your first $75,000 when you spend at least $500 per month and credit your salary of at least $2,000 per month through GIRO or make at least 3 GIRO debit transactions per month. Otherwise, you can earn a bonus interest of 1.5% per annum on your first $75,000 when you spend at least $500 per month while any incremental balance earns a base interest rate of 0.05% per annum.
Key Benefit #2Aside from the exclusive and competitive foreign exchange rates across 10 currencies (AUD, CAD, CHF, CNH, EUR, GBP, HKD, JPY, NZD, USD) it offers when you link your UOB One Account with a Mighty FX debit card, there are no admin fees on all your online shopping and overseas spendings. You pay exactly how much you are paying for your item and you save on your purchases or expenses abroad when you transact in the local currency.
Key Benefit #3Enjoy up to 5% cash rebate based on a retail spend of $2,000 and minimum 5 transactions per month for each qualifying quarter to earn the quarterly cash rebate of $300; or enjoy up to 3.33% cash rebate based on a retail spend of $1,000 or $500 and minimum 5 transactions per month for each qualifying quarter to earn the quarterly cash rebate of $100 or $50 respectively. Cardmembers who have been awarded the quarterly cash rebate will get an additional 5% rebate on total Grab transactions charged and posted to the account in each month, capped at $100.
What Charges or Fees should you look out for?
|Minimum Initial Deposit:||$1,000|
|Minimum Balance Fee:||$5|
|Early Account Closure Fee:||$30 (within 6 months of opening)|
How to apply?
- Front and back of NRIC/Passport/Employment Pass
- Additional Documents (any of the following)
- Phone Bill
- Half-yearly CPF statement
- Any bank statement