Little Guy in Little Red Dot
Actions Brings Results & Results Builds Confidence!

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 [...]

As stated in my previous post: High Interest Rate Savings Account, the interest rates of the better savings account of Maybank and Citibank are as below 1) Citibank Stepup Account Base interest – 0.16%p.a. Step-Up to 1%p.a.over 12 months 2) Maybank iSAVvy Savings Account 0.50%/0.75% + 6% IOI — iSAVvy savings (min $5k/$50k) Daily balance below S$5,000 (0.25% [...]

If you are still having the bulk of your savings in normal savings account like POSB whose bank interest rate is 0.25%p.a., you might want to reconsider again. You might want to consider moving some of your savings to banks that offers high interest rate. One such bank is FairPrice Plus, currently offering 1%p.a. interest [...]