UOB has launched the “UOB One Account Tax Saver Promotion” alongside recent changes to the UOB One interest rate changes. They are offering up to 6.5% cash rebates on income tax payments made via GIRO through a UOB One Account. This zero-fee, hassle-free arrangement provides salaried employees a great opportunity to passively earn rewards while settling their tax bills. This makes it one of the most attractive financial perks of 2025.
How to get started with the UOB Tax Saver Promo?
- Set up for GIRO payment on IRAS website and select your UOB One Account as the payment account.
- Register your mobile number for PayNow via UOB TMRW app or UOB Personal Internet Banking.
- Activate Money Lock via UOB TMRW app, UOB Personal Internet Banking or UOB ATMs in Singapore. Do remember to lock a minimum of S$1.
Earn up to S$600 per annum in Cash Rebates
To qualify for this rebate, you must maintain a minimum balance of $30,000 in your UOB One Account. Do note that the maximum rebate applies to users with an annual income tax of up to $12,000. Any amount above this will not earn additional rebates.
How to apply Giro Tax Payment Plan via UOB one
If you’re on a GIRO plan, switch your deduction account to a UOB One Account to earn rebates. Keep enough funds in your current account until the GIRO transfer to UOB One Account is complete. Click here to learn how to update your GIRO details and start enjoying the UOB Tax Payment Rebate.
Is this UOB Tax Promo the right plan for you?
When deciding between CardUp and the UOB One Tax Saver Promo, it boils down to your rewards preference on miles or cashback. If you’re a savvy miles chaser using high-mpd cards like the StanChart Journey, CardUp lets you “buy” miles at <$1 each, which is a great deal for frequent flyers. However, if you prefer guaranteed savings with no fees, the UOB One Tax Saver Promo offers a fuss-free 6% cashback via GIRO. This is ideal for those already banking with UOB or not chasing travel rewards. Ultimately, choose the method that aligns best with your lifestyle and spending goals.
If you are keen, check out our articles on other analysis: Longbridge 8% Interest Rate and Best Travel Multi-currency Card.
If you’re looking for some good promotion deals, make sure to check back next month. We’ll be sharing some great offers that you won’t want to miss. In the meantime, if you have any questions about this UOB Tax saver promotion, feel free to leave a comment below and we’ll be happy to help.
Disclaimer: The information provided by LearnToInvest serves as an educational piece and is not intended to be personalised investment advice. Readers should always do their own due diligence and consider their financial goals before the usage of these products. We do not offer any warranty or assurance regarding the quality of these services or goods.