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| Starts | 1 Jul 2025 (Tue) | Ends | 9 Jul 2025 (Wed) |
|---|---|---|---|
| Location | UOB |
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UOB Singapore new fixed deposit promotional rates from 1 July 2025
Update 10 July: UOB lowers fixed deposit promo rates from 9 July 2025, top rate now at 1.65% p.a.
United Overseas Bank (UOB) has launched a new set of promotional rates for its Singapore Dollar Fixed Deposit placements, effective from 1 July to 31 July 2025. The revised rates, applicable only for fresh funds, offer up to 1.75% per annum and are open to both new and existing customers of the bank.
Eligibility and Fresh Funds Requirement
The promotion is exclusive to individual customers. To qualify, participants must place fresh funds, which refers to new money not previously deposited with UOB. Transfers from existing UOB accounts, UOB cheques, cashier’s orders, or demand drafts are excluded. Deposits may be placed through UOB Personal Internet Banking or the UOB TMRW App, ensuring convenience for eligible account holders.
Promotional Interest Rates Offered
| Tenor | Deposit Amount (Fresh Funds) | Promotional Interest Rate (p.a.) |
|---|---|---|
| 6-month | S$10,000 | 1.75% p.a. |
| 10-month | S$10,000 | 1.60% p.a. |
Rate Adjustment Compared to Previous Campaign
The revised July 2025 promotion reflects a downward adjustment from UOB’s June 2025 campaign, where fixed deposits yielded up to 1.85% p.a. This latest move by UOB highlights ongoing recalibrations within the interest rate environment. For a comparative view of other banks’ ongoing deposit offerings, customers may refer here.
Archived information on the previous promotional offer (valid until 30 June 2025) remains accessible at this link.
Terms and Disclaimers
Rates stated are accurate as of 01 July 2025. The promotion is intended for individual depositors only and cannot be combined with other offers unless otherwise indicated. Fresh funds are strictly required, and the promotional rate applies only if the deposit is held to maturity. Early withdrawals may result in forfeiture of interest unless UOB decides otherwise. The bank reserves the right to amend any part of the promotion, including the duration, interest rates, or eligibility terms, without prior notice or explanation.
Customers should consult the full terms and conditions for the 6-month tenor and 10-month tenor before placing their deposits. For complete details or to initiate a fixed deposit placement, visit the UOB official fixed deposit page.
Summary
Though slightly reduced compared to June’s offerings, UOB’s July 2025 fixed deposit rates remain a secure and attractive option for savers prioritising stability and short-term returns. Interested parties should ensure their placements are made by 31 July 2025 to lock in these rates before the promotion ends.
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