Anonymous
Which saving plans should I go with that'll yield the most interest? (E.g OCBC 360 etc)
Planning to convert my mother's account and mine to a different saving plan. Like a one time deposit.
2
Discussion (2)
Learn how to style your text
Zac
24 Jan 2021
Noob at Idiots Invest
Reply
Save
https://blog.seedly.sg/best-savings-accounts-si...
depends whether you want with multiple conditions or single tier type of savings account.
personally using CIMB because of its no fuss service. can just put in one time deposit. it has internet banking but no ATM or debit card, so will not be tempted to anyhow spend money.
hope this helps.
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
4.8
778 Reviews
Maximum Interest: 2.50% p.a. for balances up to S$50,000
INTEREST RATES
$0
MIN. INITIAL DEPOSIT
$0
MIN. AVG DAILY BALANCE
4.4
321 Reviews
4.7
211 Reviews
Related Posts
What's the purpose of these savings? If they're short-term goal funds like saving for expense in 1-2 years's time, consider cash management solutions. If they're emergency funds, I think honestly any bank will do, because emergency means you need the cash ASAP, no time to wait for a few days of processing and withdrawal.
If you have no short-term goal for these savings, and they're not emergency funds, consider putting them into an investment rather than letting them chill in the bank.
Money in investment is put to work, money in the bank is put to rest. You work so hard for your money, make it do some work also leh, don't let it just be slacking in the bank...