facebookWhat are the high interest savings account offered by Citibank and HSBC? I didn't see this 2 banks in Seedly's article on high interest bank accounts. Any recommendations? - Seedly

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Anonymous

16 Jun 2020

Saving Hacks

What are the high interest savings account offered by Citibank and HSBC? I didn't see this 2 banks in Seedly's article on high interest bank accounts. Any recommendations?

Thank you in advance!

Discussion (4)

What are your thoughts?

Hey there.

Putting your savings in high-interest savings account is a way to beat inflation and increase value.

Choices that do not require spending/minimum sum include:

  1. Singlife Account (2.5% p.a, capaital guaranteed, interest non guaranteed)

  2. FSM Auto-Sweep Account (1.05%p.a, interest rates may be revised)

  3. Stashaway Simple (1.9%, capital non guaranteed, interest non guaranteed)

  4. SCB JumpStart (1%p.a)

  5. crypto.com Crypto Earn (Depending on currency, as high as 16%p.a without any prior staking. However, do take note of the volatility of cryptocurrencies)

  6. Vivid Account (1.05% p.a for first 10k, 1.30% for 10k-20k)

  7. CIMB FastSaver (Revised rate of 0.5%, down from 1%)

HSBC eFlexi Account: ~1.01% with min $2,000 salary credit and $25,000 daily average balance

Citi MaxiGain Savings Account: up to 1.5% interest, min. $70,000

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