UOB cuts interest rate on One Account again, from 2.5% to 1.9% per annum from Dec. 1, 2025 – Mothership.SG

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The interest rate was previously cut in May and September 2025.

November 02, 2025, 04:47 PM

Starting from Dec. 1, 2025, the maximum interest rate for UOB’s One Account will go down for the third time in 2025, from 2.5 per cent per annum to 1.9 per cent.

The interest rate was previously cut in May 2025, then in Sep. 2025, according to The Straits Times.

This interest rate is for customers who have a deposit of up to S$150,000, spend at least S$500 monthly on eligible cards and credit their salary to their account.

A customer with a balance of S$150,000 can therefore earn up to S$2,850 in interest, provided they meet the two conditions, UOB stated.

What are the current interest rates?

According to UOB, assuming a customer meets the minimum spend and credits their salary to their account, the current annual interest rates are 1.5 per cent for the first S$75,000, three per cent for the next S$50,000 and 4.5 per cent for the following S$25,000.

Starting from Dec. 1, 2025, these rates will be reduced to one per cent, 2.5 per cent and 3.4 per cent respectively.

The bank added that the revision of interest rates is to align with long-term interest rate environment expectations.

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