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18-05-2012 08:17 PM
Unregistered
Quote:
Originally Posted by chickenrice View Post
check standard chartered bank.. they pay a high interest rate.
Read their fine print. They pay "high" interest only for a few months.
18-05-2012 07:58 PM
chickenrice check standard chartered bank.. they pay a high interest rate.
18-05-2012 08:43 AM
Unregistered
Quote:
Originally Posted by lizzy0302 View Post
There are lots of banks where you can save your money but do a background check first before depositing your money. Some banks are into announcing bankruptcy also but they're just hiding it.
You mean JPMorgan? It doesn't take retail deposits in Simgapore.
18-05-2012 06:54 AM
lizzy0302 There are lots of banks where you can save your money but do a background check first before depositing your money. Some banks are into announcing bankruptcy also but they're just hiding it.
07-05-2012 03:53 PM
Unregistered the best savings account to save money in is the CPF!!! Forced deduction every month on pay day whether you like it or not... Backed by stable goverment, 100% capital gauranteed with decent interest rates..... the only problem is that it is a fixed deposit for life... Can put in but cannot use for anything much other than buying your HDB....
22-03-2012 04:18 PM
Jimmy1978 How's the saving coming along? I was looking online the other day and I notice that DBS has a autosave feature for one of their savings account. Every month you choose a amount to be deducted from your salary and put into your savings account. So you don't have to keep thinking about how much you need to put aside, it's done automatically for you.
13-12-2011 02:40 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
sorry, it is 0.8% p.a now
Still the best in town. Let me open an account now.
13-12-2011 01:55 PM
Unregistered sorry, it is 0.8% p.a now
13-12-2011 01:54 PM
Unregistered CIMB star saver. put in 5k first then make sure every month increase by $500. interest is 0.9%. can withdraw anytime. apply their internet banking or use their free cheque book to get funds out when u need it
08-12-2011 03:07 PM
WiredJustice
Quote:
Originally Posted by troysg View Post
Hi all,

I was wondering which banks provide the best savings plan and what type of account I should open. I'm not a high earner therefore I wish to save at least $200/month for a least 6 months and followed by at least $500/month continously. I was wondering what type of account should I open for better interest and which bank.

I would like to thank those for their sincere replies. Thank you
No offense intended, but I think based on the amounts you have quoted, it makes more sense to go with a bank with branches and atms near your home and office than go about scouting for interest rate deals.

Any difference is likely to be very small at <0.2% for similar account comparison and that hardly justifies incuring inconvienience for the additional interest. Banking in your scenario should be more about accessibility and relevance of banking facilities rather than pittance rate differences.
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