Frequently Asked Questions
Grow your funds faster and in a secure way with the UNO HIGH-RATE Time Deposit or #UNOboost. Earn a guaranteed interest while having the flexibility to choose your desired term of 3, 4, 5, 6, 7, 8, 9, 10, 11, or 12 months.
#UNOboost can be booked instantly through the UNO Digital Bank mobile application subject to the following mechanics:
Minimum Booking Amount | PHP 5,000.00 |
Maximum Booking Amount | PHP 500,000.00 |
Maximum Number of Bookings | 5 |
Avail of interest rates as high as 6. 50% based on your chosen term:
Term | Interest Rate | Interest Payout |
3 Months | 6.50% | At Maturity |
4 Months | 6.50% | At Maturity |
5 Months | 6.50% | At Maturity |
6 Months | 6.50% | At Maturity |
7 Months | 6.50% | At Maturity |
8 Months | 6.50% | At Maturity |
9 Months | 6.50% | At Maturity |
10 Months | 6.50% | At Maturity |
11 Months | 6.50% | At Maturity |
12 Months | 6.50% | At Maturity |
(1)Interest earnings from this account are subject to government taxes and may be changed without prior notice.
You have the freedom to access your funds at any time prior to the maturity of your #UNOboost. However, the cost of Documentary Stamp Tax (DST) and a pre-termination penalty will be deducted from the net proceeds of your deposit.
DST is computed as follows:
PHP 1.50 for every PHP 200.00 of the principal amount.
For time deposits with tenure of less than 1 year, DST = (Original Tenure in Days / 365) x (1.50 / 200) x Principal Amount. 366 for a leap year.
Pre-termination Penalty:
50% of gross interest earned if pre-terminated at the first half of the tenure.
25% of gross interest earned if pre-terminated at the second half of the tenure.
Terms and conditions apply.
UNO Digital Bank is a member of PDIC. Deposits are insured by PDIC up to PHP 500,000.00 per depositor.
For any concerns, you may call us at (+632) 8811 8866 or send us a message through customerhappiness@unobank.asia.
UNO Digital Bank is supervised by the Bangko Sentral ng Pilipinas with telephone number (+632) 8708 7087 and e-mail address consumeraffairs@bsp.gov.ph.
