UOB One account is again my pick for the Best Bank Account of the Year for 2023, retaining its win from 2022. The reasons for its win are simple and unchanged from last year: best interest rates and straightforward requirements. In fact, it’s been made significantly better by what UOB has done in 2023. In 2024, the crown is UOB’s to lose – and that is a very distinct possibility as we see competitors hop in with promos, offers and deals of their own. An entire year of 5% p.a. interest Early last year, I had a nagging feeling that UOB One’s interest rates would be cut some time in 2023. To my pleasant surprise, it maintained its rates through the entire year. That’s an impressive feat considering how fixed deposit rates actually declined over the past year. For most of the year, no other bank seemed to be able or willing to match UOB One’s rates....