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UOB Thailand makes it even simpler for customers to earn bonus interest with the enhanced UOB One Account

Customers can earn above-market average interest of up to 1.25 per cent when they save and spend through the UOB One Account

As the COVID-19 pandemic continue to impact economies, businesses and livelihoods, UOB Thailand enhanced the UOB One Account to enable customers to save more quickly for rainy days. With the enhancement, it is now even simpler for UOB One account-holders to earn above-market average interest rate of up to 1.25 per cent. This bonus interest rate is on top of the standard interest rate to a total of 0.75 per cent to 1.25 per cent per annum. 

The enhancements to the UOB One account are timely given that the UOB ASEAN Consumer Sentiment Study 2021 found that the vast majority of Thais (83 per cent) remain concerned about rising cases of COVID-19, leading them to tighten their spending and put more money aside for savings. According to the Bank of Thailand, the value of debit card and credit card transactions decreased by 10 per cent during the first half of 2021 compared with the same period last year. UOB data also showed that the number of new savings accounts opened grew by four percent year on year in the first half of 2021. 

Mr Yuttachai Teyarachakul, Country Head of Personal Financial Services, UOB Thailand, said, “At UOB, we focus on building long-term relationships with our customers. We remain attentive to their needs and provide them the progressive solutions to help them realise their financial goals. In the current low interest rate environment and amid the ongoing uncertainties brought about by the pandemic, we want to encourage our customers to save and to manage their finances wisely. That is why we re-designed the UOB One Account to help them meet their savings goals quickly and simply.”

For example, UOB customers can earn bonus interest up to 1.25 percent on average monthly balance from the first baht to 500,000 baht in UOB One Account when completing 6 transactions or more per month as follows:

• make online bill payments that are 100 baht or more;
• spend at least 100 baht on their UOB credit or debit cards;
• set up a direct debit at least 100 baht;
• receive a fund transfer from other bank at a minimum of 15,000 baht; and

credit salary to UOB One account at least 15,000 baht

UOB One Account’s progressive interest rate tiers

To learn more about the enhanced UOB ONE Account, customers can visit www.uob.co.th/oneaccount.

1 October 2021
For More information,  please contact
Strategic Communications and Brand
United Overseas Bank (Thai) Pcl.
Yada Srisammasheep Tel. 0-2343-4965