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| Starts | 8 Apr 2024 (Mon) (ONE day only) | ||
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United Overseas Bank (UOB) Singapore has announced a new fixed deposit promotional campaign, offering customers an opportunity to earn up to 2.90% per annum on their savings.
UPDATE: UOB Singapore Offers Up to 2.80% p.a. on SGD Fixed Deposits till 30 April 2024
The promotion, available from 1 to 30 April 2024, is aimed at encouraging savers to invest their Singapore Dollars in a secure and profitable manner.
The promotional rates are applicable to 6-month and 10-month Singapore Dollar Time/Fixed Deposits, with a minimum placement of S$10,000. Customers can enjoy a 2.90% interest rate for the 6-month tenure and a 2.60% rate for the 10-month tenure, making it an attractive option for those looking to grow their funds.
| Tenor | Deposit Amount (Fresh Funds) | Promotional Interest rate (p.a.) |
|---|---|---|
| 6-month | S$10,000 | 2.90% |
| 10-month | S$10,000 | 2.60% |
Interested individuals can participate in the promotion by logging into UOB Personal Internet Banking or using the UOB TMRW App to place fresh funds. For those who are not current UOB Fixed Deposit account holders, the bank offers instant online approval for new applications.
UOB has emphasized that the promotional interest rates are quoted as of 1 April 2024 and are subject to terms and conditions. The promotion is exclusive to individual customers and cannot be combined with other offers. To qualify for the advertised interest rates, deposits must be made with fresh funds and maintained until maturity. Early withdrawal of the fixed deposit will result in forfeiture of the interest unless otherwise decided by UOB.
The bank reserves the right to modify or terminate the promotion at any time without prior notice. Customers are advised to read and accept the full terms and conditions related to the 6-month and 10-month promotional interest rates before participating.
For more information on the promotion and to explore other fixed deposit options, customers can visit UOB’s official website or compare rates available in the market.
The Promotional Interest Rate(s) quoted are as at 1 Apr 2024. This promotion is applicable to individual customers only and is not valid with any other privileges or promotions unless otherwise stated. The fixed deposit must be made with fresh funds and not funds transferred from existing UOB savings/current/fixed deposit account(s) or UOB cheques, cashier’s orders and demand drafts. The promotional interest rate will only apply if the fixed deposit is held to maturity. If the fixed deposit is withdrawn before its maturity, no interest will be payable unless UOB decides otherwise (in which case, the amount of interest payable will be determined by UOB). UOB may change the terms and conditions of this promotion (including the promotion period, promotional interest rate, fixed deposit tenor, or terminate this promotion) at any time without having to provide any reason or prior notice. It is important to read and accept the full terms and conditions that apply to the 6‑month Promotional Interest Rate, 10‑month Promotional Interest Rate. This promotion is available from 1 Apr to 30 Apr 2024.
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