Advertisement

Lucas Neo

18 Apr 2019

∙

Does anyone know for POSB SAVE AS YOU EARN/SERVE (SAYE/SAYS) account, do I need to credit my Salary to the account directly or I can just do a deposit from my own account to receive the special interest?

Regarding to POSB SAVE AS YOU EARN/SERVE (SAYE/SAYS) account.

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Jonathan Chia Guangrong

14 Mar 2019

SOC at Local FI

Hey there. Had enquired on this before with bank staff and I was informed the bank code for the crediting has to be SAL or something equivalent. Can't take in normal transfers to be eligible for the extra interest

Reply

Save

Write your thoughts

Related Posts

Anyone knows what are the best savings account for entrepreneurs? Since I don't have a "credited salary" which is one of the main requirements of such BYOB Account?

I'm a student & working part time. I try to save 20% of pay each month. Is scb jumpstart a good account to credit my salary and for savings? Is it easy to transfer to other bank accounts such as POSB?

What is the best saving account for elderly that does not need salary crediting to their account?

Hi I have around 40k of idle cash, no income.. from the reviews I see that CIMB Fast Saver and Citi MaxiGain are the 2 most popular savings account without having the need to credit salary. Which one should I go for?

Are there any saving accounts that allows me to credit my salary via cheque and fulfil the requirement to earn interest?

Related Products

Standard Chartered JumpStart Account

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

DBS/POSB Multiplier Account

4.4

321 Reviews

OCBC FRANK Account

4.7

212 Reviews

Related Posts

Anyone knows what are the best savings account for entrepreneurs? Since I don't have a "credited salary" which is one of the main requirements of such BYOB Account?

I'm a student & working part time. I try to save 20% of pay each month. Is scb jumpstart a good account to credit my salary and for savings? Is it easy to transfer to other bank accounts such as POSB?

What is the best saving account for elderly that does not need salary crediting to their account?

Hi I have around 40k of idle cash, no income.. from the reviews I see that CIMB Fast Saver and Citi MaxiGain are the 2 most popular savings account without having the need to credit salary. Which one should I go for?

Are there any saving accounts that allows me to credit my salary via cheque and fulfil the requirement to earn interest?

Advertisement