UOB ONE ACCOUNT – Savings Account with high interest

A savings account that converts your banking transactions into higher interest rates!
  • Receive interest monthly with no limit in deposit or withdrawal transactions.
  • Easy to view account detail anywhere online and get e-statement up to 5 years back.

Interest Rate  and Bonus Interest Conditions

Normal Interest  
Open UOB ONE ACCOUNT and get normal interest rate of 0.25% (p.a.) monthly.

Bonus Interest

Get bonus interest when the conditions are met.

Monthly Average Balance (THB)

Interest (p.a.) Normal + Bonus

Tier 1 Tier 2

0 – 500,000

0.75% 1.25%

Amount over 500,000*

0.25% 0.25%

*the effective rate is equivalent to 0.75%-0.25% or 1.25%-0.25%, based on customer’s Monthly Average Balance.

Bonus Interest Conditions

Receive bonus interest tier 1 or tier 2 when perform the following numbers of transactions;

  • Bonus interest tier 1: 3-5 transactions/month
  • Bonus interest tier 2: minimum 6 transactions/month

Choose any transactions from “Eligible Transaction for Bonus” with minimum amount as specified in the table.

Eligible Transaction for Bonus Minimum amount/ transaction
Online bill payment  100 baht
Spend on credit card/ debit card 100 baht
Direct Debit 100 baht
Fund transfer from other banks 15,000 baht
Salary credit via payroll  15,000 baht


Special –
for a new customer, who never has savings or current account with the Bank within the past 2 years, receives bonus tier 1 instantly for the first 6 months for ONE ACCOUNT opening. Receive bonus tier 2 when perform additional 3 transactions per month.

Additional Condition for bonus interest

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 Mighty, UOB Personal Internet Banking, TMRW, 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.
     = 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 Tier 1 Calculation
    Customer June’s MAB is THB 50,000 and performed 3 transactions eligible for bonus tier 1.
    Interests of June are calculated as followed.

    1) Normal interest  =    550,000  x  0.25  x   30
    100  x  365
    = 10.27 Baht

    2) Bonus interest tier 1

    Monthly Average Balance (Baht) Bonus Interest Rate (p.a.) Bonus Interest(Baht)

    0 - 500,000

    0.50% 50,000 x 0.50 x 30
    100 x  365
    = 20.54

    Amount over 500,000 

    -   = 0
    Total bonus interest 20.54 Baht

     

    Total interest =  10.27 + 20.54   =  30.81 Baht

     

    Example: Interest Rate Tier 2 Calculation
    Customer June’s MAB is THB 550,000, and performed 6 transactions eligible for bonus tier 2.
    Interests of June are calculated as followed.

    1) Normal interest  =    550,000  x  0.25  x   30
    100  x  365
    113.01 Baht

    2) Bonus interest tier 2

    Monthly Average Balance (Baht) Interest Rate (p.a.) Bonus Interest (Baht)

    0 - 500,000

    1.00% 500,000 x 1.00 x 30
    100 x  365
    = 410.95

    Amount over 500,000 

    -   = 0
    Total bonus interest 410.95 Baht

     

    Total interest =  113.01 + 410.95   =  523.96 Baht

Example 1: Perform less than 3 transaction – get only normal interest

Transactions Eligible Transactions
Pay telephone bill online 150 baht
Pay electricity bill online  75 baht
Spend on credit card  5,000 baht
Transfer fund in 10,000 baht
Total eligible transactions 2
Bonus interest

Example 2: Perform 6 transactions – get bonus tier 2

Transactions Eligible Transactions
Pay telephone bill 150 baht
Pay electricity bill online 3,000 baht
Spend on credit card 400 baht
Spend on credit card 30 baht
Transfer fund in 16,000 baht
Direct Debit for home loan 8,000 baht
Payroll salary transfer in 20,000 baht
Total eligible transactions 6
Bonus interest ✔ Tier 2

Example 3: Spend on credit card with void transactions

Transactions Eligible Transactions
Spend on credit card 5,000 baht
Spend on credit card 800 baht
Void last month’s transaction 200 baht Deduct transaction from total
Void last month’s transactio 50 baht Do not deduct, not reach min.
Total card spending transactions 1
Other Transactions  
Pay telephone bill 150 baht
Pay electricity bill online 3,000 baht
Total eligible transactions 3
Bonus interest ✔ Tier 1

 

Details Account Opening at Branch
Customer type
  • Individual customer only, 15 years old on the date of account opening
Number of Account
  • Single account only
  • Limit 1 account per customer
Initial deposit amount (Baht)
  • Not specified
Other product/ service required with UOB ONE ACCOUNT
  • The customer shall apply for UOB Personal Internet Banking (PIB) or UOB Mighty in order to view account movements as UOB ONE ACCOUNT is a bookless account.
  • The customer can view “e-Statement” via UOB PIB, up to 5 years back.
Required document
  • ID Card
  1. In case of ‘Inactive Account’ more than 12 consecutive months, and the balance is lower than 5,000 Baht at month end, the Bank charges maintenance fee 100 Baht/ month per 1 account [Inactive Account is the account with no movement of deposit/ withdrawal/ transfer/ bill payment transaction, excluding system automatic transaction e.g. Auto Direct Debit, for 12 consecutive months].
  2. To convert from “Inactive Account” status to “Normal” status, account owner shall be present at branch and perform withdrawal transaction from the account.
  3. Additional fees apply for cross-region or cross-bank transactions; please refer to the Bank’s announcement on the Bank’s website click or at the Bank branches.
  4. A tax exemption shall be in accordance with the regulations of the Revenue Department.
  5. The deposits are under the protection of the laws regarding the Deposit Protection Agency as per the amount and conditions stipulated therein.

 

Q: What channels can I pay online bills? 
A: You can pay bill online via our various channels; UOB Mighty, UOB Personal Internet Banking, TMRW, ATM and CDM of UOB’s Bank.

Q: What kind of online bill can I pay for?
A: There are various types of bill you can pay for such as credit card bills, telephone bill, electricity bill, or Easy Pass top up, except for Online bill payment for vehicle registration renewal. For more information, please go to UOB Mighty, UOB Personal Internet Banking, and TMRW.

Q: Where can I apply for direct debit service and what items can I pay for?
A: You can apply for our direct debit at our UOB branches or at the merchant. You can direct debit your ONE Account for various types of payment such as credit card bills, telephone bill, electricity bill, and home loan.  However, direct debit to other UOB accounts, or for mutual fund payment are excluded.

Q: How do I use UOB ONE ACCOUNT as my payroll account? 
A: If your company is using our payroll service, please directly inform your HR.

  • You can close UOB ONE ACCOUNT at the branch where the account was opened only. Please refer to each branch’s operation hour.
  • If you opened the account via PIB, you can close UOB ONE ACCOUNT at the branch where you chose as a reference when opening the account. Please refer to each branch’s operation hour.