UOB

UOB Wealth Premium Account

Dive into the power of wealth consolidation with UOB - earn great rewards and higher returns for deposits in this flexible current account. Access your cash anytime and anywhere with the convenience of online banking, ATM withdrawals and a checking facility.

    • Reward Points
    • Phone Banking Service
    • Account Statement
    • No Introducer Required
  • Min. AmountMax. AmountInterest Rate
    RM50001RM1000000.3% p.a.
    RM100001RM1500001.2% p.a.
    RM150001RM2000001.5% p.a.
    RM200001RM2500001.8% p.a.
    RM250001no maximum2% p.a.

Features

What would make it different?

Overdraft
Instant Overdraft
Online Banking
UOB Personal Internet Banking
Mobile App
    Reward Points
    UOB SMART$
    PIDM Protected

    Fees & Charges

    There are always fees but how much are they?

    Service Fee
  • RM5.00
  • MEPS Withdrawal Fee
    RM4.00
    HOUSe Withdrawal Fee
    RM1.00
    Overseas Withdrawal Fee
    RM12.00
    Early Closure Fee
    RM20.00
    Dishonoured Cheque Fee
    RM100
    Stop Payment Cheque Fee
    RM10.00

    Requirements

    Are you eligible for this account?

    Nationality
  • Malaysians
  • Foreigners
  • Minimum Age
    21 years old
    Minimum Initial Deposit
    RM5000

    Frequently Asked Questions about UOB Wealth Premium Account

    Things you might want to know

    Am I eligible to apply for UOB Wealth Premium Account?

    Let’s go through the checklist below to find out if you are qualified to sign up for UOB Wealth Premium Account:

    • You must be at least 21 years old;
    • You must be a customer of UOB Wealth Banking with a minimum balance of RM150,000 in deposit and/or investment; and
    • Malaysians with NRIC or Foreigners with valid Passport.

    Now, if you have met all the requirements above, prepare a minimum initial deposit of RM5,000 to open this premium current account.

    What benefits can I get from UOB Wealth Premium Account?

    As this current account is targeting at mass affluent customers, the benefits are specially tailored to meet your wealth needs.

    The bigger the amount you have in this current account, the higher the interest rate you will earn as UOB Wealth Premium Account also considers your total banking relationship with the bank.

    Meaning, the interest rate will be applied on your total asset under management (your financing and/or investment such as Fixed Deposit, Unit Trust, structured investment products etc) with UOB Wealth Banking.

    That’s not all, you are also entitled for SMART$ Cash Program, i.e. a cash rebate program that allows you to redeem items at participating merchants through cashback.

    Do I get an Overdraft Facility upon Current Account opening?

    Overdraft facility will be granted to you, subject to an agreed limit. You can over draw the amount in your current account and will be charged an interest rate on the overdrawn amount.

    This overdraft is similar to a revolving credit, which will be replenished once you have paid the interest and principal within a specific period.

    Do I get a free cheque book and debit card?

    You can request for a cheque book to perform large and recurrent transactions at a small issuance fee. Besides, you will be issued with a UOB Debit MasterCard so that you can perform seamless transactions and cash withdrawals.

    What are the fees and charges I should know?

    These are few but significant fees and charges you should be aware of:

    • Commitment Fee on unutilized standby credit: Not Applicable
    • Monthly Account Consolidation Fee: RM5
    • Early Account Closure: RM20, if closed within 3 months of opening
    • Debit Card Annual Fee: RM8
    • Cheque Processing Fee: RM0.53 per leaf, plus RM0.15 Stamp Duty
    • Dishonoured Cheque: RM100, due to insufficient funds
    • Stop Payment Cheque: RM10, due to insufficient funds

    Is my money protected under PIDM?

    Absolutely. Your deposit will be protected under PIDM for up to RM250,000.

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