Organization : United Overseas Bank Limited
Facility : Apply for Stash Account
Country : Singapore
Website : http://www.uob.com.sg/personal/index.page
Apply Here : https://www.uob.com.sg/personal/save/savings-accounts/stash-account.page
Apply for Stash Account :
How Stash Works :
With the new UOB Stash Account®, you can accumulate even more savings.
Related : United Overseas Bank Phone Banking Singapore : www.statusin.org/39326.html
Earn up to 1% p.a.1 interest on your Monthly Average Balance (MAB) when you :
** Maintain or increase your MAB compared to the previous month
** Maintain a MAB above S$10,000
Who is Stash For :
Steady Saver :
You make it a habit to save regularly, to grow a steady stream of income for times to come.
Rainy Day Saver :
You plan ahead and save to ensure you have a security blanket for the future.
Extra Cash Saver :
You save as and when you have any extra cash or lump sums from your bonuses or investments.
Add to your Stash :
Play our Acorn Dozer game and win attractive prizes when you apply for a UOB Stash Account®. You are entitled to one game play when you log in with your NRIC/FIN number or Game Code.
How to redeem prizes?
Prizes won will be sent in the form of e-Vouchers via SMS. UOB Acorn Dozer Game Terms and Conditions apply.
Get friends to play :
Encourage your friends to get in on the action too!
Eligibility :
** Minimum 15 years old
** Singapore Citizen/Permanent Resident/Foreigner
** Initial deposit of S$1,000 to open account
Account Fees :
** Fall-below-fee of S$2 per month (below S$1,000 balance) Waived till 31 December 2017
** Early account closure fee of S$30 (within 6 months from opening)
FAQs :
1. What is Monthly Average Balance?
Monthly Average Balance is the summation of all the daily day-end balances divided by the total number of calendar days in the month
2. Which group of customers will enjoy the UOB Stash Account?
** UOB Stash Account is targeted at all savers who wish to receive Bonus interest.
** Savers who wish to preserve their balances
** Savers who want to park their money away from their transactional accounts
** Savers who want to save towards specific goals
** Savers who want to save monthly or lump sum
3. What are the features of the UOB Stash Account?
Simple : easy to meet criteria of maintain or increase balances
Flexible :
** no lock-in or earmark
** ease of usage by allowing you to withdraw
Attractive : interest rate of up to 1%
Others :
** Receive e-statements at your convenience, anytime anywhere.
** Ability to link to a UOB ATM or UOB Debit Card
** Access through UOB Personal Internet Banking or UOB Mighty
4. How does UOB Stash Account work?
** The Total interest earned on the UOB Stash Account comprises of a Base interest and Bonus interest.
** The Base interest is 0.05% p.a. and is applied to the UOB Stash Account daily day-end balances.
** Bonus interest is applied to the Monthly Average Balance (MAB) of the account when you maintains or increase your month monthly average balance.
** This is the formula : Month 2, MAB (Later) – Month 1, MAB (earlier) ≥ 0
** If month 2, MAB ≥ Month 1, MAB the customer will be eligible for bonus interest.
** If month 2, MAB < Month 1, MAB the customer will NOT be eligible for bonus interest
** Before bonus interest is paid, it is subject to a monthly average balance above $10,000.
** There is a maximum cap of $100,000 on the monthly average balance towards which the bonus interest will be paid.
** Bonus interest will be paid from balance more than $10,000 dollar