Tagged: POSB

Save Money: How To Save 2 Percent On Public Transport

Image via Wikipedia Want to be lazy and save some money on public transport cost? It isn’t too hard to achieve that! 2 banks in Singapore are issuing credit card that enables you to save money and be lazy if you are using the bus/MRT/LRT everyday. The 2 credit cards are: POSB Everyday Card by [...]

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The POSB Opening Account Requirements

photo credit: gurms POSB is one of the oldest bank in Singapore. It is the 1st bank that I have an savings account with. The interest rates they offered is not great at the moment, I only mantain them for the purpose of paying bills through GIRO. POSB Opening Account Eligibility and Requirement: – At [...]

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POSB MySavings Account Interest Rate Dropped

POSB MySavings Account Interest Rate Dropped by almost half from the previous rate. The interest previously: Monthly Savings Amount Interest Rate $50 – $290 0.4500 $300 – $790 1.0000 $800 – $1,490 1.2000 $1,500 – $3,000 1.5000 The interest now: Monthly Savings Amount Interest Rate $50 – $290 0.4000 $300 – $790 0.4000 $800 – [...]

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POSB MySavings Account

Image by xcode via Flickr POSB MySavings Account makes saving money easy. It allows you to be discipline in saving money by transferring money from your DBS/POSB account into MySavings account automatically every month. You can choose a monthly savings amount from $50 to $3,000 and a monthly savings date anywhere between 1st and 25th [...]

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High Interest Rate VS Low Interest Rate

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 [...]

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