UOB Stash Account: A simple way to grow your savings

The UOB Stash Account currently offers an effective interest rate of up to 2.045% p.a. with very few requirements to earn a higher interest rate. 

However, UOB has announced that it will be revising the UOB Stash Account interest rates from 1 December 2025, with the maximum effective interest rate falling to about 1.504% p.a. for deposits of S$100,000.

Unlike typical high-yield savings accounts such as UOB One, OCBC 360, or DBS Multiplier, the UOB Stash Account functions more like a traditional savings account where you don’t need to meet multiple spending or income crediting criteria to earn bonus interest.

Whether you are a student, a retiree or simply looking for a fuss-free account to park your cash, the UOB Stash Account could be worth a closer look.

So read on to find out more about the UOB Stash Account.

What is the UOB Stash Account?

The UOB Stash Account is a savings account that allows you to earn an effective interest rate of up to 2.045% p.a. on your deposits simply when you maintain or increase your balances. 

Interest gets paid out monthly and there’s no lock-in period for your money!

Note that UOB will be revising the Stash Account interest rates from 1 December 2025, with the maximum effective interest rate falling to about 1.504% p.a. on balances of S$100,000.

What is the current interest rate for the UOB Stash Account? 

The UOB Stash Account offers a base interest rate of 0.05% p.a., and a bonus interest rate of up to 2.95% p.a. 

Unlike other high-yield deposit accounts where you need to perform complicated steps, you will only need to do these to qualify for the bonus interest rate:

• Have more than S$10,000 in your monthly account balance and;
• Maintain or increase the account balance from last month’s balance. 

Let me try to break it down and calculate the effective interest rate (EIR) in tiers for you! 

If you have a monthly average balance of S$100,000 in the UOB Stash account, you will earn a total interest of about S$2,045 over one year. 

Also, the UOB Stash Account does not require you to fulfill numerous requirements to receive the bonus interest rates. 

There’s no need to spend a minimum amount on a credit card, make investment/insurance purchases or credit your salary.  

Putting it simply, the key to unlocking the bonus interest of the UOB Stash account is to have an account balance that is similar or higher than the previous month - yay! 

We do not need to constantly increase/top-up the account balance each month unless we want to!

Another advantage of the UOB Stash Account is that it is easy to qualify for opening an account. You can open an account if you are 15 years old and above.

The minimum balance for the UOB Stash Account is S$1,000. 

If your monthly account balance falls below S$1,000, a S$2 fall-below fee will be imposed. 

This is waived for the first six months for accounts opened online. Not bad huh?

Enjoy hassle-free savings growth without complex requirements. Open your UOB Stash Account today.

What is the interest rate on the UOB Stash Account from 1 December 2025?

UOB will be revising the Stash Account interest rates from 1 December 2025, lowering the maximum effective interest rate from 2.045% p.a. to about 1.504% p.a. for deposits of up to S$100,000.

The qualifying criteria will remain unchanged. 

You will still earn bonus interest when your monthly average balance is maintained or higher than the previous month.

While the account continues to offer convenience without the need for salary crediting or card spend, the overall returns will be smaller after the revision.

Savers can continue to enjoy the existing higher rates through November 2025 before the new rates takes effect.

Here’s how the effective interest rates compare across deposit tiers after the upcoming changes:

How does the UOB Stash Account compare to other deposit accounts?

As fellow Singaporeans, we always like to compare and make sure we get the best deal for ourselves. So here’s how the UOB Stash Account stacks up against other savings options with minimal requirements.

For now, the UOB Stash Account still offers a maximum effective interest rate of 2.045% p.a., making it one of the higher-yield choices for fuss-free savers.

However, from 1 December 2025, the maximum EIR will fall to about 1.504% p.a., which could make its returns closer to other simple savings accounts in Singapore.

With the 1 December 2025 revision, the UOB Stash Account still offers a better rate than other fuss-free savings accounts. 

If you prefer to keep things simple without juggling multiple criteria, it remains a convenient option. 

Looking for a straightforward way to grow your savings? Get started with the UOB Stash Account.

Combo hack Dynamic Duo: UOB One Account + UOB Stash Account!

Here’s one way to make your savings work harder by combining both the UOB One Account and the UOB Stash Account.

As mentioned in the previous section, the UOB Stash Account lets you earn up to 2.045 % p.a. now, but this will drop to about 1.504 % p.a. from 1 December 2025 onwards.

The UOB One Account currently offers one of the highest interest rates in Singapore at up to 2.50% per annum. But, the maximum effective interest rate will also fall to about 1.90% p.a. from 1 December 2025 onwards. 

If you keep S$150,000 in the UOB One Account and S$100,000 in the UOB Stash Account, you can still earn about S$5,795 in total annual interest under current rates.

That works out to an average return of roughly 2.32% p.a., higher than the best fixed deposit interest rate and the latest 6-month T-bill interest rate.

After 1 December 2025, if you keep S$150,000 in the UOB One Account and S$100,000 in the UOB Stash Account, you will earn roughly S$4,354 in total annual interest. This works out to a combined effective interest rate of about 1.742% p.a.

This combination is simple and convenient if you already bank with UOB. It also avoids locking in your funds.

Both accounts remain flexible choices for those who prefer to keep their savings liquid, but the overall return will be lower after 1 December 2025.

Is there any catch to the UOB Stash Account?

The main drawback of the UOB Stash Account would be the need to maintain or increase your account balance from that of the previous month to qualify for the bonus interest. 

For example, if your monthly average balance falls to S$99,500 from S$100,000 the month before, the amount of interest you will earn for the month falls to the base interest rate of 0.05%. 

Also, the first S$10,000 in the UOB Stash Account earns just a 0.05% interest rate. As your balance goes above S$100,000, it will revert to the base interest rate of only 0.05%. 

The flip side of the liquidity offered by a deposit account is that the interest rates are subject to change, and you are not able to ‘lock-in’ the interest rates like for fixed deposits.

Are there any promotions for the UOB Stash Account? 

Learn more about the Season of Gold Savings Promotion here. 

How to apply for the UOB Stash Account

To open a UOB Stash Account, follow these simple steps. 

Step 1: Visit the UOB Stash account sign up form.

Step 2: Click on “Next” 

Step 3: Apply with bank details or Singpass

Here’s a pro tip: You can even select to open the UOB One Account simultaneously if you don’t already have one!

Learn more about the UOB Stash Account here.

Final verdict on UOB Stash Account

The UOB Stash account currently offers an easy way to earn a higher effective interest rate of up to 2.045% p.a. on your deposit account without compromising on liquidity.

If you have a monthly average balance of S$100,000 in the UOB Stash account, you will earn a total interest of about S$2,045 over one year under the current rate structure. 

By combining with the UOB Season of Gold Savings Promotion, you can get an additional S$210 cash credit when you top up S$100,000 new funds into your UOB Stash Account. 

You don’t need a minimal credit card spend, or even need to credit your salary into the account. 

All you need to do is to maintain or increase your account balance compared to the previous month. 

If you’re already hitting the $150,000 limit on UOB One Account, you can also use the UOB Stash Account to earn a higher interest rate on your additional spare cash. 

However, do note that from 1 December 2025, the maximum effective interest rate of UOB Stash Account will fall to about 1.504% p.a.

This means returns will be lower than before, although the account remains a good low-effort option for keeping funds liquid.

Check out our guide to the best savings account in Singapore to find out which savings account offers the highest interest rate. 

If you would prefer to lock in interest rates for a longer period of time, find out which are the best fixed deposit interest rates currently. 

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