Saving & Spending
Big Nerf: UOB One Account Interest Rate Reduced
By Sethisfy  •  April 1, 2024
In what is perhaps inevitable, a reduction of interest rate of the UOB One account has been announced. From 1st May 2024, the maximum effective interest rate that one can enjoy from the popular high-yield savings account will be 4% p.a. This is a sizeable drop from the current 5% p.a. on S$100,000 balance. Here’s a look on how our monthly interest would be affected and alternatives to look at. ...
Read the full article
By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance