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News Release - 25 Aug 2004
News Release - 25 Aug 2004
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Keep abreast with the latest at UOB
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Be Rewarded For Life, Only At United Overseas Bank
The 'UOB Grow for Life' Draw gives customers
the choice to win the prize of a lifetime –
Cash for Life, Free Flights for Life, or A Porsche for Life!
25 August 2004, Singapore
From 1 September 2004 to 28 February 2005, United Overseas Bank Limited (UOB)
is giving customers who place deposits with the Bank the once-in-a-lifetime
opportunity to win a prize of their choice that is worth S$200,000. The winner
of the 'UOB Grow for Life' Draw can look forward to picking one of the following
fabulous prizes:
- a Porsche Cayenne (worth approximately S$200,000); or
- an Annuity Plan (valued at approximately S$200,000) from
UOB Life Assurance Limited; or
- Free Business Class Travel (for up to S$200,000) from
UOB Travel Planners Pte Ltd.
To earn chances for the 'UOB Grow for Life' Draw, a customer simply has to
maintain an average daily balance of S$5,000 in a month in a UOB Singapore dollar
savings or current account.
Said Ms Sim Puay Suang, Executive Vice President of Personal Financial Services
at UOB, "We are very excited about our 'Grow for Life' Draw. The prizes
were carefully chosen to appeal to our different customer segments, just like
our strategy of offering products and services that are appropriate to their
needs. So, irrespective of whether you are a young executive who aspires greater
things in life, or the couple who dreams of the holiday of a lifetime, or the
retiree who desires the assurance of receiving a monthly income for life, there's
a prize that can be yours to enjoy for life."
Ms Sim added, "The 'UOB Grow for Life' Draw not only welcomes new customers
to our range of deposit products and services. For our existing customers, the
Draw is one of the exciting benefits of banking with UOB and, in recognition
of their long-term banking relationships with us, eligible customers will also
receive loyalty chances."
How to qualify
Customers holding any of the following deposit accounts with UOB are eligible
for the 'UOB Grow for Life' Draw:
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Eligible Accounts
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Savings accounts
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Current accounts
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UOB Savings Account
UOB FlexiDeposit Account
UOB Uniplus Account
UOB Junior Savers Account
UOB TX Account
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UOB Current Account
UOB i-Account
UOB Campus Account
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Earn chances to win your preferred prize of a lifetime
The more a customer deposits with UOB, the more chances the customer has of
winning the prize of his/her choice in the 'UOB Grow For Life' Draw.
The criteria for allocating the chances are as follows:
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Allocation criteria
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Number of chances
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For an average daily balance of S$5,000 maintained in a month in an eligible
account (the "Minimum Sum") between 1 September 2004 and 28 February
2005 (the "Qualifying Period")
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10 chances for the month |
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For every S$1,000 increase in the average daily balance in a month over
the Minimum Sum between October 2004 and February 2005
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10 additional chances for the month |
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For an eligible account opened during the Qualifying Period and with at
least the Minimum Sum maintained for the month
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20 bonus chances (one-time) |
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For an eligible account opened between 2 September 2002 and 31 August
2004, and with at least the Minimum Sum maintained consecutively from
September 2004 to November 2004
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40 loyalty chances |
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For an eligible account opened between 2 September 1998 and 1 September
2002, and with at least the Minimum Sum maintained consecutively from
September 2004 to November 2004
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100 loyalty chances |
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For an eligible account opened on or before 1 September 1998, and with
at least the Minimum Sum maintained consecutively from September 2004
to November 2004
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200 loyalty chances |
Open a deposit account with UOB today
UOB offers a wide range of deposit accounts that caters to the different banking
needs and preferences of customers. To open one of their choice, customers can
visit any UOB Group branch.
Customers can visit www.uobgoup.com or call 1800 22 22 121 (24-hour) for more
information about UOB's deposit products and services or the 'UOB Grow for Life'
Draw.
Gary Lim
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Vice President & Head, Deposits Division, Personal Financial Services Phone:
65 - 6539 2281
Email: Gary.LimKG@UOBgroup.com
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Teo Suan Hwi
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Assistant Vice President, Corporate Affairs Division Phone:
65 - 6539 3972
Email: Teo.SuanHwi@UOBgroup.com
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