facebookIs the POSB Save As You Serve account worth opening for NSFs? Or could I be better off using a different savings account for savings while serving? - Seedly

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Anonymous

20 Jul 2020

Saving Hacks

Is the POSB Save As You Serve account worth opening for NSFs? Or could I be better off using a different savings account for savings while serving?

Discussion (1)

What are your thoughts?

Tan Wei Ming

Tan Wei Ming

20 Jul 2020

Level 10·Founder and Writer at Frugal Youth Invests

The thing that I don't like about POSB Save As You Serve is that you are forced to lock up your funds so as to earn the bonus interest.

Ever since Jumpstart was launched, I have been recommending people to sign up for it instead.

Now that Jumpstart has cut its interest rate to 1%, the best savings product will be Singlife.

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