UOB Savings Promo Q3 2025: Nation of Savers S60 Bonanza – Earmark Funds For S$40 to S$340 Cash
For the third quarter of 2025, UOB has announced a new quarterly earmark promo that is offering up to S$340 cash and lucky draw chances when you deposit fresh funds and “earmark” it with the bank.
UOB’s earmark promos give additional cash rewards that allow UOB accountholders to get additional yield on top of their bank accounts’ interest. In return, accountholders must “earmark” funds within their accounts that cannot be withdrawn for the earmark period.
Promo Tiers
Compared to last quarter’s promo, not only have the cash rewards come down quite a bit, the commitment period has also increased significantly to about 7 months. The approximate returns one can expect from this promo is thus pretty low at around 0.34% to 0.36%:
| New Funds Amount | Cash Credit Amount | Approx. Returns (p.a.) |
|---|---|---|
| S$20,000 | S$40 | 0.34% |
| S$50,000 | S$100 | 0.34% |
| S$100,000 | S$210 | 0.36% |
| S$150,000 | S$340 | 0.36% |
The funds need to be fresh funds compared to your June 2025 monthly average balance.
There are also lucky draw chances where 60 lucky winners can win cash prizes of up to S$3,000.
Earmark Timelines
As mentioned, the earmark period will be for a duration of around 7 months:
| 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 July 2025 to 31st July 2025 | 31st August 2025 | 17th February 2026 |
| 1st August 2025 to 31st August 2025 | 30th September 2025 | 17th March 2026 |
| 1st September 2025 to 30th September 2025 | 31st October 2025 | 17th April 2026 |
The timeline is specified in the terms and conditions.
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.
Maximum of 3.66% p.a. with UOB One, but…
With a S$150,000 balance, you could theoretically get 3.66% p.a. yield on your savings for the 7-month earmark period. This is made up of UOB One’s 3.3% p.a. on S$150,000 and the approximate returns from the promo. In light of declining interest rates, this might be an interesting option for some.
However, one big caveat of the earmark promo is that the interest rate of UOB’s bank accounts are subject to change. While the bank tends to give one month’s notice before decreasing interest rates, this notice period has little help since your funds will not be available for withdrawal during the earmark period.
Following OCBC’s 2nd cut in interest rates for OCBC 360 to as little as 2.45% p.a. effective interest, it does not seem very optimistic that UOB would maintain interest rates for as long as the next 7 to 8 months.
Maximum of 2.41% p.a. with UOB Stash with the same caveat
The recently nerfed UOB Stash offers an effective rate of 2.05% p.a. on S$100,000 balance. Coupled with the promo’s approximate returns of 0.36% p.a., that is 2.41% p.a. for the 7-month earmark period. Again, this is assuming UOB does not further decrease interest rates for UOB Stash.
GXS recently announced a cut to as low as 1.38% p.a., so it is anyone’s guess whether fuss-free accounts without salary/card spend requirements will slide further in rates.
Registration required
Registration is required and needs to be done here. Please read through all terms and conditions yourself as this article is based on my own understanding of the promo mechanics.
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With banks continually cutting rates, this quarter’s earmark promo has also gone down significantly in attractiveness. With cash rewards amounting to just 0.34% to 0.36% p.a. bonus interest for 7 months and the risk of account interest rates declining, it’s perhaps the most abysmal earmark promo we have seen to date.
Will you be participating in this earmark promo? There is a poll you can vote on here.
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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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