Advertisement
Anonymous
What is the best way to make sure it is kept separate and safe and giving some kind of minimal return?
5
Post Merged
This post is no longer accepting new comments because it has been merged with Where's the best place for me to park my emergency funds? Should they be in the same account as my saving account, or separate? What's the best savings account for it?
Discussion (5)
Andy Sim
09 Mar 2020
HR Professional at a Financial Institution
Reply
Save
If you can fulfill the multiple hoops for DBS multiplier, I think it is a very good yielding account to park your emergency fund. Anything above 1.5% I would consider acceptable to park my emergency fund there.
Reply
Save
Sure, definitely have your emergency funds in a savings account that gives you a good interest rate....
Read 3 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
782 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
4.4
321 Reviews
4.7
212 Reviews
Related Posts
Advertisement
You can use Seedly's savings calculator to calculate the best savings account for your situation and spending habits. Multiplier is good if you can fulfill the categories. If not, Jumpstart or CIMB Fastsaver is good as a no frills account.