The last High Interest Rate Savings Account listing was updated in 2009, since then the interest rate pretty much falls to new lows. Seeing the interest rate falling really breaks my heart. But there is a newcomer in the Singapore banking industry that brought surprises. Their tagline is “Be surprised by money”! Thats right, it is [...]
Learn more...Citibank is going to reduce the interest rate for the step-up account again. From my march 2010 electronic statement: Effective 1 May 2010, the interest rates for SGD Step-Up Interest Accounts and Tap and Save Accounts will be revised to: Base Interest 0.14% p.a Bonus Interest per Step-Up Counter 0.03% p.a (Maximum Step-Up Counter = [...]
Learn more...Standard Chartered e$aver account is still offering one of the better savings account rates in singapore. The interest rate has indeed dropped quite a bit since its high of 2%p.a. The current rates of SCB eSaver Less than S$50,000 0.30% p.a. S$50,000 to S$199,999 0.40% p.a. S$200,000 & above 0.50% p.a. (rates effective 20 July 2009) Image via Wikipedia [...]
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