By now, many of you would have heard that UOB has reduced the bonus interest rates that you can earn if you bank with them. The revised rates are below: Changes such as this sometimes positively affect us but also could negatively affect us, as in this case. On first inspection, the interest rate that we can earn is reduced. We also observe that if you spend a minimum of $500 on your credit card and credit salary into your UOB account, there may be more interest to earn on an additional $50,000 of your savings. If you spend $500 minimum on your credit card and successfully carried out 3 GIRO transactions, you can earn more interest on an additional $25,000 of your savings. Currently, I do not credit my salary to my UOB One account, so I would only fulfil the credit card spend and 3 GIRO transactions....