Started this account when I was in university, and I liked that even back then I could qualify for the bonus interest as I worked around my expenses to meet the criteria. How I did so:
Criteria 1 - minimum spend of $500 every month: This was hard to fulfil as a uni student, but I generally just tried to pay first for meals when I eat out with friends / family etc. (Also beware - the bank may try to sell endowment plans to you as a means of hitting the $500 spend, under the guise of some non-insurance product.)
Criteria 2 - deposit salary / 3 GIRO transactions each month: I didn’t have a salary back in university, neither did I have many bills to pay, so I set up monthly GIRO transactions to 3 charities in order to meet this criteria. The minimum donation amount is just $1, so this portion’s pretty easy to fulfil.
Interest rates may have dropped lately but still pretty decent I’d say; and coupled with the rebates from the UOB ONE card linked to this account, I’m definitely sticking to this for a while.
Other notes: UOB is generally quite aggressive with their marketing, I save their numbers so I know not to pick up their calls; when I applied for the ONE card they added on 2 other credit cards for me although I did not apply for them, and I had to call to cancel them. Desperate marketing aside, when objectively looking at just the net benefits, this works for me.