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Anonymous

21 Apr 2020

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Standard Chartered Bonus$aver compared to OCBC bonus+ savings account? What's the difference and which is better?

I have never opened a standard chartered account but I have been using OCBC Frank. If I were to open a new account, which would out of these 2 would you suggest is better?

OCBC Bonus+ Savings Account Standard Chartered Bonus$aver Account

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Pang Zhe Liang

21 Apr 2020

Lead of Research & Solutions at Havend Pte Ltd

It depends on your financial pattern. For OCBC Bonus + Savings, the higher interest is given based on balance that is left untouched. For Standard Chartered Bonus$aver, you need to fulfil a number of critiera, e.g. salary creditting, in order to get higher interest.

Therefore, the better one is the one that fits into your needs.

I share quality content on estate planning and financial planning here.

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YT

21 Apr 2020

You can use Seedly's Savings Account Comparison tool to compare: https://seedly.sg/reviews/savings-accounts

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