UOB Savings Promo Q1 2026: Earmark Funds For Bonus S$38 to S$380
UOB’s Q1 2026 earmark promo is offering up to S$380 cash and lucky draw chances when you deposit fresh funds and “earmark” it with the bank.
“Earmarked” funds will not be available for withdrawal or usage during the period, though it continues to earn interest.
Promo Tiers
Bonus cash rewards of between S$38 to S$380 will be awarded depending on the amount of fresh funds earmarked.
| New Funds Amount | Cash Credit Amount | Approx. Returns* |
|---|---|---|
| S$20,000 | S$38 | 0.32% p.a. |
| S$50,000 | S$120 | 0.41% p.a. |
| S$100,000 | S$250 | 0.43% p.a. |
| S$150,000 | S$380 | 0.43% p.a. |
Fresh funds are compared to the monthly average balance for December 2025.
There are also lucky draw chances where 18 winners can win S$1,088 each.
Timelines
| Participating Deposit date or Participation Form submission date, whichever is later (“Qualifying Period”) | Participating Deposit will be Earmarked and Cash Credit will be credited by | Earmark End Date (including this date) |
|---|---|---|
| 1st to 31st January 2026 | 28th February 2026 | 17th August 2026 |
| 1st to 28th February 2026 | 31st March 2026 | 17th September 2026 |
| 1st to 31st March 2026 | 30th April 2026 | 16th October 2026 |
Note that even though you can withdraw your funds on the Earmark End Date, you would probably want to leave it in until the end of the month to withdraw. This is because withdrawing your funds mid-month will cause your monthly average balance to be significantly lower. UOB accounts tend to award interest disproportionately higher for higher balances, so a lowered monthly average balance loses out on more interest than just the effective monthly rate.
Best case scenarios with UOB One and UOB Stash
UOB One offers its best rate of 1.9% p.a. on a balance of S$150,000, assuming you fulfil the card spend and salary requirements. The S$380 cash reward from this promo translates into a bonus 0.43% p.a. for 7 months, making the total effective interest 2.33% p.a.
UOB Stash can be considered for S$100,000 balance. The account offers 1.51% p.a. on S$100,000. Combined with the S$250 cash reward from this promo which is roughly 0.43% p.a., the effective yield is 1.94% p.a. for S$100,000 balance for 7 months.
Personally speaking, the rates for UOB One have been quite weak since its last 2 nerfs and I have given up on the account for a while now. UOB Stash, however, might be able to serve as a 7-month fixed deposit of sorts, though note that UOB can reduce (and has done so) interest rates of their accounts even while you are in the middle of having funds earmarked!
You can refer to this calculator to compare interest rates between UOB Stash and UOB One as well as with other savings accounts, and I think you can likely find better alternatives.
Registration required
Registration is required and needs to be done here. Please read through the terms and conditions yourself as this article is based on my own understanding of the promo mechanics.
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Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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