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Anonymous
I have around 15-20k in savings. Earning above 3k as a relatively fresh grad.
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Ngooi Zhi Cheng
02 Oct 2020
Student Ambassador 2020/21 at Seedly
Hi, just an update that there has been a cut in Singlife recently - The interest has been cut to about 2.0%. However, that is still a very competitive interest rate for a fully liquid account. I would suggest building your first 10k in there!
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Lim Chun Long Jimmy
02 Oct 2020
Co-founder at PolicyWoke (Traded Endowment Policies)
Hi Anonymous,
Another option would be traded endowment policies (TEPs) that yield up to 4.6% projected IRR. TEPs are policies that were given up by original policyholders and are for resale, for shorter term and higher interest as compared to newly-incepted ones. However, you have to first speak with your financial advisor if this product is suitable for your savings needs.
Disclaimer: I run my own business trading insurance policies in the resale market.
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Hello there!
You can try Singlife to earn a non guaranteed return of 2.5% for your first 10k.
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Gabriel
07 Jun 2020
Undergraduate at National University of Singapore
Hey Anon, you may consider both the Singlife account and Etiqa Elastiq which offers 2.5% interest p....
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Can consider Sif, RHB, CIMB, OCBC 360, SingLife or Trust Bank.