Citibank’s Step-Up Interest Account & FairPrice Plus Savings Account has reduced their interest rate yet again! Bad news for us who have savings in these accounts. Step-Up Interest Account still offers the highest interest rate if you have managed to step-up to the max. You might want to consider Maybank’s iSAVvy Savings Account or StandChart’s [...]
Learn more...Current Stanchart eSaver Interest Rates is listed as below: 0.40%/0.50% — e$aver (min $0/$50k) Daily balance below S$50,000 (0.40 % p.a.) Daily balance of S$50,000 to S$199,999 (0.50 % p.a.) Daily balance of S$200,000 & above (0.68 % p.a.) You might want to consider FairPrice Plus Savings Account as it offers better interest rate of 0.50 [...]
Learn more...This simple video shows how compounding interest can make your money grow over time. It is always a good habit to save a percentage of your monthly pay regularly automatically. One way to force yourself to save money is by having 2 savings account (eg. Citibank’s Stepup Account & FairPrice Plus Savings Account). You deposit your monthly paycheck [...]
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