facebookThere's been a lot of discussion on the best bank accounts to use (for general savings). However, any advice for the best bank accounts for AUM >300k / >1mio respectively? - Seedly

Anonymous

26 Nov 2019

āˆ™

Saving Hacks

There's been a lot of discussion on the best bank accounts to use (for general savings). However, any advice for the best bank accounts for AUM >300k / >1mio respectively?

Understand there's OCBC Premier, Premier Private, DBS Treasures etc
What would be the pros and cons for each?

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Kelly Trinh

26 Nov 2019

Backoffice technical at financial services firm

Hi,

On the headline - 300k is a lot to keep in at-call deposits; so unless you have an very expensive lifestyle you probably want to rethink your asset allocation.

On the body text - you are looking at the different banking offerings (not just bank accounts but a product emsemble offering)

the considerations in this link
https://seedly.sg/questions/what-are-the-differ...

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