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Anonymous
The Bonus$aver account is capped at 100K. Any funds beyond 100K are simply languishing.
Are there any other savings accounts that don't require a salary deposit? The only one I could find is the Citibank MaxiGain tiered account which hits 2.2% after a full year.
I'm looking for a savings account because of liquidity needs (buying a house, etc). Thanks and looking forward to your recommendations!
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Kenneth Lou
23 Jan 2019
Co-founder at Seedly
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Loh Tat Tian
22 Jan 2019
Founder at PolicyWoke (We Buy Insurance Policies)
You could explore UOB One account (for 3 giro transactions and UOB 1 card), or only Citibank maxigain account.
The other higher quantums are promotional rates for fixed deposits.
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You can try the CIMB FastSaver. It gives 1% interest, and there are no requirements to fulfil....
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For a no-conditions account, i would recommend the CIMB FASTSAVER which gives you 1% pa
no frills and really easy to setup!
personally use it for a joint account.