What are the best savings accounts for students with part-time pay?

If you are between 18-26, you can open a standard chartered jumpstart account which pays an interest of 2% per annum, higher than most savings account without any conditions.

If you are between 18 to 26 years old, then you should consider Standard Chartered JumpStart account. This is because it gives an interest rate of 2% per annum for your first $20k balance. Furthermore, there is no fees and minimum balance required in order to maintain the account.

Moreover, it comes with a debit card that gives you 1% cashback on eligible spending. With this in mind, it is certainly a worthy account for a start.

Alternatively, you may consider CIMB FastSaver. This is becaue it gives an interest rate of 1% per annum for the first $50k account balance. In like manner, there is no monthly fee associated with maintaining the account. Hence, it is worth taking a look as well.

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