Advertisement
Anonymous
2
Discussion (2)
Learn how to style your text
Reply
Save
What’s the current interest rate on your DBS account?
If it’s higher in the SC jumpstart account, you should.
You could transfer back the money when you need it?
Reply
Save
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
May I ask what is your primary concern with putting the money inside SC jumpstart and reason for transferring?
IIRC, most DBS accounts would have lower interest rates than SC jumpstart, hence it would be wise to transfer your money there to compound it, though the effect will be negligent since you are only putting it in for a year haha