Got some savings sitting around and thinking of putting them to work before the year ends? UOB's Festive Savings Promotion offers a one-off cash credit if you bring in new funds and keep them with the bank for a set period. It is not for everyone, so here is what you need to know before you decide.

What you can earn

Cash credits depend on how much new money you deposit (one cash credit per person):

  • S$20,000 deposit: S$80
  • S$50,000 deposit: S$230
  • S$100,000 deposit: S$500 for existing UOB customers, S$600 for customers new to UOB
  • S$150,000 deposit: S$800 for existing customers, S$1,000 for customers new to UOB

Who can join

You must be the primary holder of a UOB Passbook Savings, UOB Stash, UOB One or UOB Lady's Savings Account that is in good standing, and tagged to Personal, Wealth or Privilege Banking throughout the promotion and earmark periods. "New to UOB" means you were not a primary holder of any UOB current or savings account in the 12 months before 1 October 2026.

How to take part

  1. Deposit new funds into your eligible account between 1 October and 31 December 2026.
  2. Register through the participation form at go.uob.com/savings-promo or via Rewards+ on the UOB TMRW app, using the mobile number registered with UOB.
  3. Keep the funds in the account until the earmark end date. UOB's terms list these as 14 May 2027 for October qualifiers, 14 June 2027 for November qualifiers and 14 July 2027 for December qualifiers.

Things to note

"New funds" means money from non-UOB cheques or cashier's orders. Transfers from your existing UOB current or savings accounts, or money withdrawn from them within 30 days before or during the promotion, do not count. Your day-end balance must also rise by at least the deposit amount above your September 2026 monthly average balance, and funds cannot be pooled across accounts. The deposit must match the amount on your registration form.

Funds are earmarked, which means you cannot withdraw them until the end date. If your account is suspended, closed or not in good standing before the credit is paid, the credit is forfeited, and closing an account within six months of opening it incurs a S$30 early closure fee. UOB may change or end the promotion, and the offer cannot be combined with other promotions apart from the UOB SalaryPlus and Online Account Opening promotions. Please read the full terms on UOB's website, and make sure you can comfortably lock away the funds, before committing. This is general information, not financial advice.