Since news broke about the impending launch of Singapore Savings Bonds( with its higher interest rates), UOB has come out with a new UOB 1.35% Passbook Savings rate promotion.
UOB Passbook Savings Rates Promotion:
S$15,000 to S$50,000 =0.85%
Above S$50,000 to S$100,000 =1.05%
Above S$100,000 =1.25%
Get up to 1.35% p.a.* interest (total interest rate) on your UOB Passbook Savings and UOB Uniplus Accounts.
Illustration: 1.25% p.a. interest (Bonus Rate assuming Fresh Funds deposit of above S$100,000) + 0.1% p.a. interest (Prevailing Interest Rate assuming account balances above S$350,000).
Bonus Rates only apply to the Incremental Fresh Funds Balance in the Account during the Promotion Period from the date of deposit, until 30 April 2015.