| Starts | 1 Oct 2025 (Wed) | Ends | 31 Oct 2025 (Fri) |
|---|---|---|---|
| Location | UOB |
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United Overseas Bank (UOB) has rolled out its Singapore Dollar (SGD) promotional fixed deposit rates for October 2025.
Savers can look forward to attractive interest rates of up to 1.2% p.a., making it an appealing choice for those looking to park fresh funds securely.
This latest update offers the same rates as the rates published on 17 Sep 2025
Promotion Period
This offer runs from 1 October to 31 October 2025. It is available to both new and existing UOB customers, provided that the deposit is made with fresh funds.
What Are Fresh Funds?
Fresh funds refer to monies not currently placed with UOB. These can include salary credits, interbank transfers, or cash deposits. Transfers from existing UOB accounts, UOB cheques, cashier’s orders, or demand drafts are not eligible.
How to Place the Deposit
For convenience, placements can be made digitally via:
- UOB Personal Internet Banking
- UOB TMRW mobile app
Online placement timings:
- Mondays to Fridays: 9.30am – 9.30pm
- Saturdays: 8.00am – 9.30pm
- Closed on Sundays and Public Holidays
Do note that each online transaction is capped at S$999,999.
Promotional Rates for October 2025
| Tenor | Minimum Deposit | Rate (p.a.) |
|---|---|---|
| 6-month | S$10,000 | 1.2% p.a. |
| 10-month | S$10,000 | 1.0% p.a. |
These rates apply only if funds are held to maturity. Early withdrawals typically result in forfeited interest unless UOB grants an exception.
Why Consider UOB’s Fixed Deposit?
Fixed deposits remain a popular choice in Singapore for risk-averse savers who value security and guaranteed returns. Compared to savings accounts, fixed deposits typically offer higher returns. However, funds are locked in for the agreed tenor, so it is best suited for money that savers will not need immediate access to.
Savers who want to explore other competitive offers can compare across banks via this summary page.
Key Terms & Conditions
- Rates are as at 1 October 2025 and valid till 31 October 2025.
- Applies only to fresh funds from eligible sources.
- Not valid with other promotions unless stated.
- Interest is payable only if deposits are held to maturity.
- UOB reserves the right to change terms, rates, or withdraw the promotion without prior notice.
Full details of the terms can be found here: 6-month Promotional Interest Rate, 10-month Promotional Interest Rate.
Conclusion
For those with spare funds looking for a safe and steady return, UOB’s October 2025 fixed deposit promotion is a practical option. With interest rates of up to 1.2% p.a. for fresh funds, it provides a balance of security and return that many Singaporeans value. As always, savers should review their liquidity needs before committing funds into fixed deposits.
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