Yesterday, my wife liquidated our UOB Gold Savings Account (GSA) and made a profit of $500. It wasn’t a big amount of course but considering the fact that we hold the account for only one week, it was really easy money. Opening the account was really hassle-free as you may do so at any UOB bank branch located near your home.
The best part about UOB’s GSA is that you can use UOB Personal Internet Banking to carry out transaction via the internet platform or UOB Mobile from Mondays to Fridays 8am to 11pm excluding Singapore public holidays. This is a new feature introduced by UOB bank a couple of years ago. Before you open an account, please check out the various fees for GSA in UOB’s website. There are several charges that you need to factor in because they would affect your yield.
This is not the first time that I touched on UOB’s GSA. A few years ...
...