Jumpstart is changing interest rates to 1%. Anyone pulling out the money to put in Singlife?

Yes,1% interest is very low.But in current situation,reduce interest is a trend.Singlife 2.5% is not guarentee,and only for first 20k customer if I not wrong.

Yes, you are right. SCB recently revised its interest rate to 1% on their Jumpstart product. However, the incremental balance above 20 grand remains at 0.1% interest per year. It seems like we have noticed trends of banks revising down their interest rates. Perhaps looks like Singlife is one of the better options out there for us to park our first 10 grand as it yields us 2.5% interest. We also need to be mindful that the 2.5% interest is not guaranteed.