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Sim Jia Jin

Business Informatics at Nanyang Polytechnic

07 Mar 2020

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Convenient and no minimum amount bank savings account?

Can I check if there is any saving account that is convenient and no minimum amount or low minimum amount inside the bank (mainly use to withdraw cash)? ATM.

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Geraldo L.

05 Mar 2020

Hi Jia Jun, the most convenient banks would be DBS/POSB and OCBC for ATM withdrawals and these accounts might be suitable for you:

DBS Multiplier - Average daily balance of S$3,000 or there is a fall-below fee of $5. This fall-below fee is waived for you up until 29 years old.
OCBC Frank account - No minimum balance if you are below 26 years old.

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Andy Sim

04 Mar 2020

HR Professional at a Financial Institution

Hi Jia Jin, you can try OCBC Frank account or SCB Jumpstart account.

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Matthew Tan

04 Mar 2020

Undergraduate at NTU

I'd recommend the standard chartered jumpstart account offering 2% PA on first $20k with no fees, lo...

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In maximising one’s CPF savings, how much should the minimum amount be in one’s Ordinary and Special Accounts for total optimisation of the bonus interest and additional opportunities?

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