Savings account with high interest rates


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HydroPoP

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Jun 18, 2002
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hydrop.multiply.com
#1
Here are the banks in Singapore offering higher interest rates savings account:

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

Maybank i-savvy account
http://info.maybank2u.com.sg/personal/deposits/isavvy.htm

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

Citibank step up interest account
http://www.citibank.com.sg/SGGCB/AP...eposits&path=/promo/det/cb_stepup_newcust.htm


:)
 

rayz

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Aug 3, 2004
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rayztan.livejournal.com
#5
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. :)
 

aeskywan

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Feb 13, 2007
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#6
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.
 

parampita

Senior Member
Jun 25, 2008
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昭南島
#7
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.
 

reachme2003

Senior Member
Oct 6, 2003
3,735
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#8
whatever savings interest one receives is subject to income tax. how's that!
 

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