Hi the 3.6% is on balances in excess of 50K, right? Would you know what the average effective rate of interest is on the first 50K? I would guess there's a scale of rates but i can't find it on UOB's website

If you have this account and actually getting 3.6% on entire balance, then I will be so happy & thankful for your headsup Normally, they give on a scale basis - which works out to 0.815% for the first 50K

NVM, I go to UOB tomorow & ask

oooooooo awesome! will go soon! best if they calculate on daily basis. will ask

I couldn't go but a friend went PJ state branch. Walaueh, he say now the syt mktg staff there work in cubicle like karaoke laounge with intimate sofa

Confirmed 3.6% on entire balance. Also interest calculate on daily balance but credit end of mth - though this not in black & white.

IMHO if got >50,000 idle for <3 mths, then worth it. Otherwise, better put into 1mth deposit