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Anonymous
It sounds a little stupid... but my boss credits my salary via a hardcopy cheque instead of GIRO. Would want to earn and build my financial stability as a fresh grad
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Pang Zhe Liang
06 Dec 2019
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
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I dont think there is cheque salary crediting that helps you earn more interest
Stick to Uob one account or CIMB fastsaver then
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If you're below 26, then it's ideal for you to have the SCB Jumpstart account. Fresh funds of 20k (up to) earn you a decent 2% interest with no criteria to meet at all. Not too shabby!
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Go for the accounts that do not require salary crediting ie. CIMB and Citibank Maxigain.
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Jeff Yeo
07 Jun 2019
amateur Social contributor at School of social sharing
Go for the Uob one account
no salary credit required
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From the bank's perspective, there is no way to verify that the cheque is salary. Hence, you may wish to seek alternative bank where crediting of salary is not a requirement to reach the higher yield.
Consider Standard Chartered JumpStart account.
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