| Starts | 17 Sep 2025 (Wed) | Ends | 30 Sep 2025 (Tue) |
|---|---|---|---|
| Location | UOB |
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United Overseas Bank (UOB) has revised its Singapore Dollar (SGD) promotional fixed deposit rates, effective from 17 September 2025.
From 17 September 2025 to 30 September 2025, UOB is offering updated fixed deposit promotional interest rates for individual customers. This applies strictly to fresh fund placements, meaning funds that are not already parked with UOB. Both new and existing customers are eligible as long as deposits meet this fresh funds requirement.
This latest revision reflects a decrease compared to the earlier rate of up to 1.35% published on 1 Sep 2025.
Who Can Apply?
To enjoy the promotion, customers must deposit fresh funds. These do not include transfers from existing UOB accounts or instruments such as UOB cheques, cashier’s orders, or demand drafts. Fresh funds may typically come from salary credits, interbank transfers, or cash deposits.
For convenience, placement can be made digitally via UOB Personal Internet Banking or the UOB TMRW mobile app during the following times:
- Mondays to Fridays: 9.30am – 9.30pm
- Saturdays: 8.00am – 9.30pm
- Closed on Sundays and Public Holidays
Do note that online placement is capped at S$999,999 per transaction.
Updated Promotional Rates (Effective 17 Sep 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 deposits are held to maturity. Early withdrawals will normally forfeit interest unless UOB grants an exception.
Other Options for Savers
Savers keen on maximising returns may want to compare UOB’s promotion with offerings from other banks. A convenient overview of current fixed deposit and time deposit promotions across Singapore can be found on this summary page.
Key Terms and Conditions
- Promotion valid for placements made between 17 September 2025 and 30 September 2025.
- Only for individual customers.
- Must be funded with fresh funds, not existing UOB balances.
- Promotional rate applies only if deposit is held until maturity.
- UOB may amend the promotion details, rates, tenor, or terminate the offer without prior notice.
For detailed conditions, customers should review the official UOB documents: 6-month Promotional Terms and 10-month Promotional Terms.
UOB’s revised promotional fixed deposit rates reflect a slight dip, but still provide a safe and predictable way for customers to grow their savings over the short term. Those looking for guaranteed returns without market risk may still find this a useful option, though comparing with other banks could help maximise yields during this limited period.
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