facebookAnyone familiar with UOB earmarked funds? Does it still contribute to the UOB One account interest tier & earn interest, during the earmarked period? - Seedly

Anonymous

13 Dec 2022

Saving Hacks

Anyone familiar with UOB earmarked funds? Does it still contribute to the UOB One account interest tier & earn interest, during the earmarked period?

Hi! UOB is running their 12 Gifts of Christmas Savings promotion. Needs us to deposit min S$30,000 of fresh funds that will be earmarked for 4 mths and not available for withdrawal.

Anyone knows if this S$30,000 will still contribute to the UOB One interest tier and earn interest during the earmarked period? E.g. I have S$100,000 in the UOB One account, where S$30,000 is this earmarked funds. For calculating my UOB One account interest, do I only have S$70,000 as my account balance or am I still earning interest based on the full S$100,000 that I have?

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Anyone knows if we can view the earmarked amount in UOBTMRW app?

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Hello, when i checked with UOB regarding this, they mentioned that "the total current balance in the account will be eligible for the bonus interest", so you will earn interest based on the $100k in your example

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