Advertisement
Anonymous
Read the Seedly blog article (which was very useful btw - https://blog.seedly.sg/cash-management-accounts...) but I realised there are fees involved for cash management accounts... Is it still worth shifting over?
8
Discussion (8)
Learn how to style your text
Reply
Save
Yes definitely better than banks
Reply
Save
Jonathan Chia Guangrong
04 Dec 2020
SOC at Local FI
I would layer my cash into such cash management accounts after maximising the highest interest rate ...
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
4.8
783 Reviews
Maximum Interest: 2.50% p.a. for balances up to S$50,000
INTEREST RATES
$0
MIN. INITIAL DEPOSIT
$0
MIN. AVG DAILY BALANCE
4.7
1296 Reviews
4.7
660 Reviews
Related Posts
Advertisement
I have been maximizing all insurance saving accounts available from Singlife, Elastiq ( Back then when the product was still available and still the best by now).
Maybe then i will sign up Easy Dashearn or Gigantiq.
The biggest underline is cash management is not capital guaranteed though the risk is very low (knock the wood if you need cash and suddenly the value drops).