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Thread: Savings account with high interest rates

  1. #1

    Default Savings account with high interest rates

    Here are the banks in Singapore offering higher interest rates savings account:

    Standard Chartered e-saver account
    http://www.standardchartered.com.sg/...ts/esaver.html

    Maybank i-savvy account
    http://info.maybank2u.com.sg/persona...its/isavvy.htm

    Ocbc smart savings account
    http://www.ocbc.com/personal-banking...rtSavings.shtm

    Citibank step up interest account
    http://www.citibank.com.sg/SGGCB/APP...up_newcust.htm


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  2. #2
    Senior Member Canew's Avatar
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    Default Re: Savings account with high interest rates

    TS, thanks for the savings links.

  3. #3
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    Default Re: Savings account with high interest rates

    the citibank step-up used to be higher base interest, with maximum of 2%. now its only 1.2% maximum! all because of that sub-prime crash..hah
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  4. #4

    Default Re: Savings account with high interest rates

    You should read this thread
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  5. #5

    Default Re: Savings account with high interest rates

    Actually, for saving account it's ok to put in there for a short duration... if put it there for long term.... it cannot fight the inflation now... recently the inflation in s'pore is ard 5~6%

    Unless for emergency if not I would rather use the excess cash to invest... my personal opinion.

  6. #6

    Default Re: Savings account with high interest rates

    Mmmm ocbc gives you 1 percent regardless of amount in bank while Citibank needs you to step up and maintain a high amount of cash in the account to enjoy 1.5 percent.. Don't seem too attractive to me.

  7. #7
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    Default Re: Savings account with high interest rates

    Quote Originally Posted by aeskywan View Post
    Mmmm ocbc gives you 1 percent regardless of amount in bank while Citibank needs you to step up and maintain a high amount of cash in the account to enjoy 1.5 percent.. Don't seem too attractive to me.
    Irregardless, savings account is always "losing" money. Unless you join as CitiGold or Citi Private Banking (this one IRAS sure check) and they help you invest.

  8. #8

    Smile Re: Savings account with high interest rates

    whatever savings interest one receives is subject to income tax. how's that!

  9. #9

    Default Re: Savings account with high interest rates

    i thought hong leong highest? FD is 3 %
    Objection !!!

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