Convert your UOB Rewards Plus points to fixed deposit and enjoy additional 2% p.a. interest.
Valid from 8 Jul - 31 Dec 2010.
UOB Call Center 0-2285-1555 or UOB Platinum Call Center 0-2343-2929.
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Reserved exclusively for credit cards that begin with 5432. Cardholders must maintain an active status without a history of overdue payment throughout the program up to the period of time when deposit and interest are credited to the accounts.
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Valid for applicant with normal fixed deposit account with the bank. Customer without such account may open a new deposit account subject to the bank’s normal fixed deposits account terms & conditions.
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To redeem the reward points, cardholders must submit signed Merchandises Redemption form together with a copy of passbook’s front cover that identifies account type as “Fixed Deposit Passbook” and a copy of the first page that identify account name (must be identical to cardholder’s name) to the bank.
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Deposit will be transferred to customer’s account within 5 working days after the bank receives documents mentioned in item 3.
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After cardholders have submitted their request to convert UOB Rewards Plus points to deposit, cancellation is not allowed.
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Available for deposit tenor of 12 months with additional 2% p.a. interest on top of normal fixed deposit interest rate periodically announced by the bank. This special interest rate applies on deposit converted from UOB Reward Plus points only.
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Interest on deposit is due and payable on maturity date and is subject to withholding tax under the Revenue Department’s regulations.
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If the bank does not receive customer’s request to change deposit type before maturity date, the deposit will be renewed upon maturity for another 12-month period at normal fixed deposit interest rate announced periodically by the bank.
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No interest shall be paid if the deposit is withdrawn within the first 3 months. If the deposit is withdrawn after the first 3 months but before the one-year maturity date, the bank will pay interest equivalent to savings interest rate periodically announced by the bank which will be subject to withholding tax.
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Other terms and conditions of UOB Rewards Plus Catalogue and the bank’s Interest Rate Announcement apply.
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| 11. |
Cardholder’s entitlement under this promotion is not transferable.
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| 12. |
Promotion period, conditions and interest rates are subject to change by the bank’s announcement without prior notice.
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| 13. |
Decision of the bank shall be final in the event of a dispute arising out of this promotion
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