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Anonymous

05 Jul 2019

∙

What are some recommended high interest bank accounts out there?

I feel like the money I have is rotting in my current bank account. I have some money set aside for investments but I'm thinking of somewhere I can get high i/r and is liquid. Is there another high interest bank account I can transfer my money to?

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Elijah Lee

04 Jul 2019

Senior Financial Services Manager at Phillip Securities (Jurong East)

Try playing the beta calculator here with your figures:

https://seedly.sg/tools/savings-account-calculator

It does depend on criteria specific to yourself, such as your salary credit, credit card spend, etc.

I do not recommend spending on investments with the bank just to qualify for another 'level' of added interest.

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