What are the best savings accounts to open for various financial categories?

Here are some of my preferred accounts:

• Savings - CIMB Fastsaver, Standard Chartered Jumpstart, SAYE

• Expenses + Investment - DBS Multiplier, OCBC 360, UOB One (Most require salary crediting)

For warchest, i would park the funds in the same account for my expenses and investment.

Hope this helps :)

For salary crediting, you can consider any of the banks that give bonus interest when crediting. But you will also have to consider your lifestyle and expenditure. As an example, OCBC already gives bonus interest when crediting salary, without any other criteria. But if you have credit card spend, then you can put it on DBS Multiplier (as you need to fulfill one additional criteria in addition to salary credit).

My day to day spending is via my POSB as it is a legacy account that I had since young. But you could also use your salary crediting account as a day to day spending account.

My emergency funds are kept in CIMB as they don't really have ATMs that make it easy to withdraw from. You can also keep it within your salary crediting account or spending account as long as you know how much you have allocated (so that you don't over spend)

My warchest is kept in my salary crediting account. It's just a personal preference.