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UOB Fixed Deposit Promotion June 2023
By My Sweet Retirement  •  June 4, 2023
UOB Fixed Deposit Promotion for June 2023 is offering you 3.10% per annum for a tenor period of either 6 months or 10 months. This is lower than 3.45% offered by UOB for their Fixed Deposit Promotion in May 2023. From 1st June to 30th June 2023, UOB is offering an interest rate of 3.10% per annum on your Singapore Dollar Time/Fixed Deposit. The tenor period is either 6 or 10 months and the minimum placement is S$10,000. Only fresh funds will enjoy this promotion.
If you are wondering what “Fresh Funds” mean, “Fresh Funds” means that the deposit are not funds transferred from existing UOB savings/current/fixed deposit account(s) or UOB cheques, cashier’s orders and demand drafts.
TenorDeposit Amount (Fresh Funds)Promotional Interest Rate (p.a.)
6 or 10 monthsS$10,000 and above3.10%

What is Fixed Deposit?

A fixed deposit is a financial instrument provided by banks...
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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