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UOB lowering rates on flagship account

The Straits Times

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April 02, 2025

UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations.

- THE BUSINESS TIMES

UOB lowering rates on flagship account

With effect from May 1, the maximum interest rate will be cut to 3.3 per cent per annum on the first $150,000, down from 4 per cent.

Ms Jacquelyn Tan, UOB's head of group personal financial services, said that the move is to align with longer-term interest rate expectations.

The qualifying criteria to earn the bonus interest is unchanged, she said.

"We have also retained the eligible balance of $150,000 to earn the highest effective interest rate," she added.

The Straits Times

यह कहानी The Straits Times के April 02, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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