New approach of saving with a bookless savings account;
|
Monthly Average Balance (Baht) |
Interest Rate (p.a.) |
|||
|
Normal |
Bonus* |
Normal + Bonus |
Average** |
|
|
0 - 50,000 |
0.25% |
- |
0.25% |
0.25% |
|
More than 50,000 - 500,000 |
0.25% |
0.50% |
0.75% |
0.25% - 0.70% |
|
More than 500,000 - 5,000,000 |
0.25% |
1.00% |
1.25% |
0.70% - 1.20% |
|
More than 5,000,000 |
0.25% |
- |
0.25% |
1.20% - 0.25% |
*The Bank pays bonus interests only on the monthly average balance amount more than 50,000 Baht, and not over 5,000,000 Baht.
**Average interest rate is the rate that the Customer will receive, which depends on the deposit amount.
| Get | Normal interest rate 0.25% (p.a.) for the balance at day end |
| Get more | Bonus interest rate when current monthly average balance is more than or equal to monthly average balance of the previous 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 |
| 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
A customer June’s MAB is 1,000,000 Baht and July’s MAB is 5,000,000 Baht. The customer gets bonus interest rate since MAB of the current month (July) is more than June’s.
| 1) Normal interest | = 5,000,000 | x | 0.25 100 |
x | 31 365 |
= 1,061.64 Baht |
| Monthly Average Balance (Baht) | Bonus Interest Rate (p.a.) | Bonus Interest (Baht) | |||||||
| 0 - 50,000 | - | = | 0 | ||||||
|
More than 50,000 - 500,000 |
0.50% |
|
= | 191.09 | |||||
|
More than 500,000 - 5,000,000 |
1.00% |
|
= | 3,821.91 | |||||
|
More than 5,000,000 |
- | = | 0 | ||||||
| Total bonus interest | 4,013.00 Baht | ||||||||
| Details | Account Opening at Branch |
| Customer type |
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| Minimum age |
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| Account number |
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| Initial deposit amount (Baht) |
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| Other product/ service required with UOB STASH |
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| Question | Answer |
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How to receive bonus interest? |
Simply by maintaining the deposit or having Monthly Average Balance (MAB) of the current month more than MAB of the previous month to get the additional bonus rates for the averaged deposit amount of 50,000 – 5,000,000 Baht. |
|
If Monthly Average Balance of the current month is less than the previous month, what interest rate would I get? |
Normal rate 0.25% p.a. |
|
When there is no bank book, how can I check for account movement? |
You can check for account transaction details, or previous MAB on UOB Personal Internet Banking (PIB) or UOB Mighty. Moreover, you can view monthly e-Statement up to 5 years back on UOB PIB or UOB Mighty. |
|
Do I need to apply for debit card? |
It’s not a requirement but we advise you to apply for one for your own convenient to make a cash deposit or withdrawal from CDM or ATM. |
