UOB Indonesia launches Kejutan Simpanan 2.0, offering customers rewards as they save

Jakarta, 3 May 2021 – UOB Indonesia today launched Kejutan Simpanan 2.0, a banking rewards programme to help customers get the most of their savings. This year’s programme is built upon the success of the Kejutan Simpanan that generated a 19 per cent year-on-year increase in 2020 for current accounts and savings accounts balance. The Bank also saw customers becoming more actively engaged and transacting more, especially using TMRW Digital Bank app.

Under the Bank’s Kejutan Simpanan 2.0 programme, customers can earn reward points and win a range of prizes, including vouchers and lifestyle electronic appliances, simply by saving or conducting banking transactions. UOB Indonesia’s customers can also collect additional rewards points when they purchase insurance products or make payments using their UOB debit and credit cards, transact using the TMRW Digital Bank app or apply for UOB loans.

Every quarter, the top three savers with the highest increase in their average balance also stand to win prizes, ranging from gold bars to cash credits. On top of the quarterly prizes, the customer with the highest increase in their annual average balance will win the grand prize of a Tesla Model 3 Standard Range four-wheel-drive electric vehicle.

Khoo Chock Seang, Head of Personal Financial Services and Digital Bank, UOB Indonesia, said, “Indonesia’s consumer confidence is gradually increasing along with the country’s roll-out of its COVID-19 vaccination programme. As such, we believe consumers will spend more even as they continue to save for a rainy day. To help our customers balance their lifestyle and financial needs, UOB Indonesia offers a wide range of banking and investment solutions to help them grow their wealth. The Kejutan Simpanan programme, with its success last year, is another way we enable our customers to save and to spend wisely.”

The Kejutan Simpanan programme was first launched in 2020 with the grand prize – an apartment in Jakarta’s gold triangle area that is worth around IDR1.4 billion – given away in March 2021.