Pro-tip: Easy Way to Meet UOB One Account Salary Requirement

Have a UOB One Account and can’t quite clock the salary requirement? It could be because you’re a freelancer and don’t have a fixed salary, or your salary is already used to satisfy the salary requirement of another account. Perhaps you just don’t want to disturb your HR person.

Regardless the reason, you can easily meet the salary requirement for UOB One Account by doing a simple FAST transaction (not PayNow transfer) from one of your other bank accounts to your UOB One Account and selecting Salary Payment as for the Purpose of Transfer.

This nifty tip was discovered and shared by Hamizan in our Telegram group chat, and it still works in March 2023.

You can check the status of your salary credit in your UOB app, and it should be reflected about 2 days after the credit is done.

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Will it close?

As with most “hacks”, if this can be considered one, there’s always a risk of it being shut down by the bank. My advice is to do it as early in the month as you can, because for whatever reason this stops working, you have some time to arrange for another salary payment to be credited into your account. That might mean having to disturb HR after all, or find a helpful friend with a corporate bank account.

Personally, I think the risk of UOB closing this loophole of sorts is small. As I mentioned in the group chat (see what you are missing out), banks want you to credit your salary so that their product becomes a bit stickier. The vast majority of UOB One customers are probably going to dutifully instruct their HR to credit their salaries to their UOB One Accounts, and they’re probably going to keep using UOB One acc

Now if only we have a hack for the Spend requirement… 

UOB One Account

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6 days 14 hours 11 minutes 58 seconds left to grab this offer!

Up to S$110 cash credit comprising EITHER 1a) S$60 cash credit, OR 1b) S$30 cash credit and 2) S$50 cash credit:

Terms and Conditions

1a) S$60 cash credit is only for the first 200 New-to-UOB Deposit customers per calendar month who: 

1. Successfully open a UOB Uniplus Account, UOB Stash Account, KrisFlyer UOB Account, or UOB One Account online from 1 March 2023 to 30 April 2023, and
2. Deposits at least S$5,000 Fresh Funds into their new UOB account within the account opening month and hold it till the end of the following calendar month.

OR 

1b) S$30 cash credit is only for the first 200 Existing-to-UOB Deposit customers per calendar month who: 

1. Successfully open a new a UOB Uniplus Account, UOB Stash Account, KrisFlyer UOB Account, or UOB One Account online from 1 March 2023 to 30 April 2023;
2. Deposit at least S$5,000 Fresh Funds into their new UOB Account within the account opening month and hold it till the end of the following calendar month; and
3. Fresh Funds deposited into the new UOB Account must result in a corresponding increase of at least S$5,000 when compared against the total amount standing to the credit of all other UOB current accounts and/or savings accounts of the customer as at 28 February 2023.

Click here for full terms and conditions governing UOB Online Account Opening Promotion (1 March to 30 April 2023). 

And 

2) S$50 cash credit is available under the UOB Salary Credit Campaign (1 January 2023 to 30 June 2023) for customers who have: 

1. Successfully submitted an online participation form here; and
2. Successfully credit monthly salary (of at least S$1,600) into an Eligible UOB Account via GIRO or PayNow within two calendar months from the date of submission of the participation form.

Click here for the Terms and Conditions governing UOB Salary Credit Campaign (1 January 2023 to 30 June 2023).

Get as much as 5% p.a. effective interest on $100,000 balance!

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