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UOB current accounts

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Savings accounts, multiplier accounts, foreign currency accounts and many more.

From savings accounts and current accounts to foreign currency accounts and ladies-only accounts, UOB offers a huge range of banking options to suit your specific needs.

This review will cover UOB current accounts, including the options available and how to sign up for a current account of your choice.

S$0

Monthly fee

S$500

Minimum Initial Deposit

S$5

Fall below monthly fees

Details

What features come with UOB current accounts?

UOB current accounts come with different features based on the type of account you’ve chosen. However, in general, you can expect the following features:

  • Competitive interest rates
  • Online banking facilities
  • Perks and rewards

What UOB current accounts are available?

  • One Account. A high-yield savings account with cheque facilities.
  • KrisFlyer UOB Deposit Account. Earn bonus KrisFlyer miles when you spend and save with this account.
  • Current Account. A UOB bank account to manage your day-to-day finances with auto-mailing of new cheque books.
  • i-ACCOUNTa. An all-in-one account with both savings and chequeing facilities. Also comes with a free global ATM card and auto-overdraft facility.
  • Wealth Premium Account. An exclusive interest-bearing chequeing and savings account.
  • Privilege Account. An exclusive UOB account with cheque facilities that offers premium interest rates.

    What other UOB accounts are available?

    Here are some UOB bank accounts you may want to consider when you get started with UOB bank:

    • Stash Account. Accumulate savings with up to 1% p.a. interest, simply by maintaining your previous month’s monthly average balance.
    • Uniplus Account. Earn high daily interest rates and enjoy a complimentary global ATM Card, or a 3-year fee waiver on your UOB Debit Card.
    • Junior Savers Account. A UOB savings account with complimentary life insurance coverage for kids.
    • Child Development Account. Enjoy 2% p.a. interest with no deposit cap on all balances, a CDA First Step grant of S$3,000 as well as dollar-for-dollar matching from the Government.
    • Global Currency Premium Account. Manage multiple currencies with this UOB bank account.
    • Global Currency Account. A chequeing account with over 10 major foreign currencies and rewards you with daily interest.
    • Foreign Currency Fixed Deposit Account. Enjoy high interest rates foreign currency denominated fixed deposits.

    Compare a range of current accounts in Singapore

    Data indicated here is updated regularly
    Name Product Monthly fee Minimum Initial Deposit Fall below monthly fees
    POSB current account
    S$2
    S$0
    S$2
    CIMB StarSaver Account
    S$1
    S$5,000
    S$0
    OCBC Frank Account
    S$2
    S$0
    S$2
    UOB Current Account
    S$0
    S$1,000
    S$7.50
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    Disclaimer: Interest rates are applicable for deposits between S$1,000 and S$49,999. Interest rate and initial deposit are shown in Singapore dollars. Please check with the provider for deposits and rates in other amounts and currencies.

    Special features and promotions to take note of

    Here are some promotions and perks you may be eligible for:

    Lady’s savings accounts

    UOB’s Lady’s Saving Account offers female cancer coverage on top of savings facilities. Such accounts are rare in Singapore, which means you should consider UOB if these features are important to you.

    Online promotions

    UOB offers plenty of online promotions to make opening a UOB bank account easier than ever. These can include cash credit for opening up a new account among other promotions.

    Miles promotions

    With the KrisFlyer UOB Deposit Account, you can earn additional bonus KrisFlyer miles when you spend and save. Upon applying you may receive a 28″ URS luggage and 1,000 welcome KrisFlyer miles.

    Note: Offers are subject to change any time at the bank’s discretion.

    What fees are charged with UOB bank accounts?

    You may encounter the following fees when using a UOB bank account:

    • Minimum balance fee. UOB charges a small fee when your account drops below a specified minimum balance threshold. For example, the UOB Stash Account charges $2 if the average monthly daily balance falls below $1,000.
    • Cheque book fee. Accounts that offer cheque books, such as the UOB One Account, may leverage a fee for cheque books.
    • Monthly service fee. UOB bank accounts like the Gold Savings Account come with a monthly service charge fee.
    • Early account closure fee. UOB bank accounts generally charge $30 if an account is closed within 6 months of opening.
    • Miscellaneous fees. You may be charged fees related to replacing lost passbooks, incidental overdrafts, replacing ATM cards, and overseas cash withdrawals amongst many other things.

    Compare a range of UOB current accounts in Singapore

    Data indicated here is updated regularly
    Name Product Monthly fee Minimum Initial Deposit Fall below monthly fees
    UOB One Account
    S$0
    S$500
    S$5
    UOB KrisFlyer UOB Account
    S$0
    S$1,000
    S$2
    UOB Mighty FX
    S$0
    S$0
    S$0
    UOB Current Account
    S$0
    S$1,000
    S$7.50
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    How do I open a bank account with UOB?

    You can open a UOB bank account just like any other Singapore bank account.

    If you’re an existing UOB account holder, you can apply for a new account conveniently through online banking. New applicants (Singapore citizens and PRs) can apply with their SingPass, a simple and secure application process that speeds up the process by retrieving your personal details and income information directly from MyInfo. Alternatively, you can also fill up an online application form if you don’t have a SingPass account.

    To ensure a smooth application, make sure that you meet the eligibility criteria for the specific UOB account you’re interested in and have all the relevant documents and details you need on hand.

    Eligibility criteria

    The specific eligibility criteria may vary depending on the specific Standard Chartered account you’re applying for, but you’d typically need to meet these requirements:

    • Age. You must be at least 18 years of age
    • Residency. Singapore citizen, permanent resident or foreigner.

    Required documents

    Make sure you have the following information and documents ready when you apply:

    • Singaporeans. ID and the latest copy of a proof of residence (e.g. local utility bill, local telecommunication bill, local bank statement)
    • Permanent residents. ID and the latest copy of a proof of residence (e.g. local utility bill, local telecommunication bill, local bank statement)
    • Foreigners working in Singapore. Passport, Employment Pass, proof of residence (e.g. IPA issued by MOM, Work Permit issued by MOM)
    • Foreigners studying in Singapore. Passport, matriculation or student card approved by the ICA, or proof of residence (e.g. utility bill, telecommunication bill, bank statement)

    Frequently asked questions

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