Conditions for Credit/ Debit Card transaction

• The primary card owner name must be the same as the ONE ACCOUNT’s owner.
• System counts numbers of transactions which includes all credit/debit cards both primary and supplementary of account owner.
• Card transaction is counted based on "posting date" only.
• For any voided transactions (minimum 100 baht), system will deduct voided transaction(s) from total numbers of card transaction count on the month that transaction(s) was/were voided.
• Transactions from corporate card are not eligible.

Conditions for other transactions

• Online bill payment refers to payment made via UOB TMRW, UOB Personal Internet Banking, and at UOB’s ATM/CDM.
• For online bill payment and direct debit, funds must be deducted from UOB ONE ACCOUNT only.
• In case the Customer performs transactions of card spending/ online bill payment/ direct debit/ fund transfer in from other banks, or salary credited to UOB ONE ACCOUNT on the last day of the month which falls on weekends or non-bank working day, system will count these transactions as of next month’s.

Non-eligible Transaction for Bonus Interest

• Card spending on mutual fund, uncollected installment, cash advance, interest, penalty, and any fees.
• Direct debit to Tax Free Taveesin and other UOB accounts, or for mutual fund payment.
• Online bill payment for vehicle registration renewal.

1. Interest Payment Frequency
   Interest is paid monthly;
   • Normal interest is paid on the last business day of each month.
   • Bonus interest is paid on the 2nd business day of the following month.
     Remark: The Bank will apply effective bonus interest rate per the Bank’s announcement on the 2nd business day to calculate bonus interest on monthly average balance of the previous month.
2. Bonus Interest Payment for 1st Account Opening Month
   • In case the Customer opens an account on the last day of the month which falls on weekends or non-bank working day, the Bank will not pay bonus interest for the account opening month.
3. Monthly Average Balance Calculation
   

   Monthly Average Balance (MAB) is the average of the daily deposit amount in a month.

   MAB

   =

   sum of daily ending balance

   ---

   number of days in the month*

   *In case of account opening during the month, MAB is calculated from the account opening date until the end of month 

   Example

   Customer opens an account on March 16 for 1,000 Baht, and deposits 2,000 Baht more on March 21, with the total of 3,000 Baht until month end.

   MAB

   =

   (THB 1,000 x 5 days ) + (THB 3,000 x 11 days)

   ---

   16 days

   =

   2,375 Baht

4. Interest Rate Calculation
   

   The number of days for calculation is 365 days.

   Normal interest

   =

   daily ending balance x normal rate (p.a.) x actual deposit period

   ---

   100 x 365

   Bonus interest

   =

   Monthly Average Balance x bonus rate (p.a.) x actual deposit period

   ---

   100 x 365

   Example: Interest Rate Calculation
   Customer June’s MAB is THB 1,200,000 and performed 4 transactions eligible for bonus
   Interests of June are calculated as followed.

   1) Normal interest

   =

   1,200,000 x 0.40 x 30

   ---

   100 x 365

   =

   394.52 Baht

   2) Bonus interest

   Monthly Average Balance (Baht)	Bonus Interest Rate (p.a.)	Bonus Interest(Baht)
   0 – 1,000,000	0.85%	1,000,000 x 0.85 x 30 100 x 365	=	698.63
   Amount over 1,000,000	-		=	0
   Total bonus interest				698.63

   Total interest  =  394.52 + 698.63   =  1,093.15 Baht