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Guo Hao Teo
01 May 2020
Self-Taught Enthusiast at Personal Finance
Only funded by cash which will give you 2.5% p.a interest on the first $10k in savings.
You are unable to fund this using your SRS as this is not any of the the top 3 banks DBS OCBC and UOB. Hope this helps.
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S$100
MIN. ACC BALANCE
Up to 2% p.a. base return + up to 3.5% p.a. effective returns
RATE OF RETURN
2% p.a. for first S$10K
INTEREST CAP
S$100
MIN. INITIAL PREMIUM
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Things to note
The interest is paid monthly on the date that you fund the minimum amount to earn the interest, instead of calendar month like a bank account.βββ