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What is the minimum balance for UOB one account?

What is the minimum balance for UOB one account?

The UOB One Account does not have a minimum initial deposit requirement. However, it does have a minimum account balance requirement of S$1,000. If you’re unable to meet it, you’ll incur a monthly fall-below fee of S$5.

What is the effective interest rate for UOB one account?

Earn up to 2.50% p.a. with UOB One Account.

What is UOB one account?

The UOB One Account is a savings account that offers its account holders high interest rates of up to 2.65% per annum from the base interest and bonus interest. And it’s pretty simple to earn that much too. You only need to make sure that you meet any two (2) of the transaction criteria in a month on your balances.

Which account is best for savings?

HDFC Bank Savings Account

Type of Account Interest Rate Average Monthly Balance
Basic savings Bank Deposit account 3.00%-3.50% NIL
Government Scheme Beneficiary Savings Account 3.00%-3.50% NIL
BSBDA Small Account 3.00%-3.50% NIL
Saving Farmers Account 3.00%-3.50% Rs 2500 Average Half Yearly Balance

Which is better OCBC or UOB?

UOB is the standout performer here with year on year revenue growth of 6.7%. UOB also performed the best among the three as operating profit before allowances rose 9.7% year on year. However, DBS announced a 44.1% year on year jump in net profit, higher than UOB’s 39.8% and OCBC’s 35.5%.

Which bank is safest in Singapore?

DBS Bank
Singapore, Hong Kong, Indonesia, India, China, Taiwan, Regional, 20 Oct 2020 – DBS Bank today announced that it has been named the “Safest Bank in Asia” for the 12th consecutive year by New York-based trade publication Global Finance.

Should I have two bank accounts?

Budgeting with multiple bank accounts could prove easier than with only one. Multiple accounts can help you separate spending money from savings and household money from individual earnings. Tracking savings goals. Having multiple bank accounts may help track individual savings goals more easily.

Posted in Useful advices