| Starts | 11 Jun 2025 (Wed) | Ends | 30 Jun 2025 (Mon) |
|---|---|---|---|
| Location | UOB |
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UOB Singapore introduces revised fixed deposit promotional rates from 11 to 30 June 2025
United Overseas Bank (UOB) has revised its Singapore Dollar Fixed Deposit promotion, offering updated interest rates of up to 1.85% per annum. The promotion, valid from 11 June to 30 June 2025, is accessible to both new and existing customers, but applies strictly to fresh funds.
Revised Rates Offer More Conservative Returns
In a noticeable shift, the current June 2025 promotion offers slightly reduced rates compared to UOB’s earlier campaign. Customers now have the option of placing a fixed deposit for a 6-month tenure at 1.85% p.a. or a 10-month tenure at 1.60% p.a.. A minimum deposit of S$10,000 in fresh funds is required to qualify.
Participation Criteria and Fresh Funds Requirement
Eligibility is straightforward – the promotion is open to individual account holders only. Customers must deposit fresh funds, defined as new money not previously held within UOB. Transfers from existing UOB accounts, cheques, cashier’s orders, or demand drafts do not qualify. Deposits can be made conveniently via UOB Personal Internet Banking or the UOB TMRW App.
Breakdown of Promotional Rates
| Tenure | Deposit Amount (Fresh Funds) | Promotional Interest Rate (p.a.) |
|---|---|---|
| 6-month | S$10,000 | 1.85% p.a. |
| 10-month | S$10,000 | 1.60% p.a. |
Comparison with Past Campaigns
The current offering represents a decrease in rates compared to UOB’s previous Jun 2025 campaign. Previously, savers could earn up to 2.00% p.a. For comparison with other financial institutions’ ongoing promotions, refer here.
Archived details of the prior UOB promotion valid until 30 June 2025 are available in this listing.
Terms and Important Disclaimers
The promotional interest rates are accurate as of 11 June 2025. UOB reserves the right to amend the terms and conditions, including the rates, promotion period, or tenures, without notice. The offer cannot be combined with other ongoing promotions unless explicitly stated.
The offer applies to individual customers only and is limited to fresh funds. Withdrawals before maturity may result in forfeiture of interest unless otherwise decided by the bank. Full terms for each tenure can be reviewed via:
For further information or to place a fixed deposit, visit the official UOB Fixed Deposit page.
Summary
While the new June 2025 UOB fixed deposit promotion offers slightly reduced interest rates, it remains a competitive option for conservative savers seeking assured returns over short tenors. Customers should act before 30 June 2025 to enjoy these rates while they last.
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