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25 December 2014

UOB 1.5% SGD Fix Deposit Promotion Ended Abruptly

Merry Christmas everyone. I talked about UOB new 1.5% fix D six months promotion last week here. Congrats to those who got in fast(me got in in the nick of time), as of now, their promotion has changed to 1.25% for an eight months tenor(much less attractive). The old promotion for the 1.5% was listed as "available from 1st of Dec to 31st of Dec", but apparently they did not honor that.

At 1.5% for six months, it was the best uncapped fix D promotional rate and tenor in Singapore(from what I know). I am guessing they have hit their quota for the year due to overwhelming response and hence reverted back to their old interest rate.

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