By The Boy Who Procrastinates - July 22, 2018
First launched in April 2015, UOB will be revising the interest rates on the UOB One Account for the first time, in less than 2 weeks with effect from 1 August 2018. This article aims to provide an overview of the upcoming changes and whether the existing account holders stand to benefit from the revision. You may also wish to refer to the t&c for more information.
Revision of Interest Rates for UOB One Account
*Interest Rate is inclusive of the base interest rate of 0.05%
The most striking change to the interest rate for the UOB One Account is the increment in the maximum account balance for which bonus interest is accorded. You may now earn higher interest on your first $75,000 instead of the current $50,000 cap. It appears that the revision would ......