We are living in extraordinary times.
As the world reels from the impact of COVID-19, central banks around the world have been cutting their benchmark rates after the U.S. Federal Reserve cut interest rates to near-zero last month.
As such, our local banks like UOB have had to make changes to the interest rates for the UOB One Account.
The changes will take effect from 1 May 2020.
For existing UOB account holders and those looking to open up a UOB One account, should you still be using this account after the changes or look elsewhere?
We’ll break it down by the Ugly and the Good.
TL;DR: UOB One Account 1 May 2020 Changes The Ugly – 1 May 2020 Revision of Interest Rates for the UOB One AccountUOB have announced that they will revise the interest rates on the UOB One Account. These changes will take place
...
