facebookWhat would be awesome for savings with higher interest, DBS Mulitplier of eMySavings Account or SAYE? Am also thinking to start DBS Vickers Passive Funds Investment. What would be your advice? - Seedly

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Anonymous

07 Jun 2019

Saving Hacks

What would be awesome for savings with higher interest, DBS Mulitplier of eMySavings Account or SAYE? Am also thinking to start DBS Vickers Passive Funds Investment. What would be your advice?

Considering the fact that I will be in army and I want to put my savings either into here of SAYE(do comment if recommended too). Am also thinking to do passive funds via DBS Vickers at the same time. What would be your advice? Thank you.

Discussion (4)

What are your thoughts?

Nicholes Wong

Nicholes Wong

07 Jun 2019

Diploma in Business Management at Nanyang Polytechnic

NS is POSB save as you serve. Not sure got diff or not. But you cannot withdraw at all once you put into the SAYS account so do remember that. Not too sure about DBS Vickers. But do remember to check the various charges.

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Jay Liu

Jay Liu

28 Sep 2018

Accounting and Finance at ACCA

For NSF SAYE. Can't hit the min salary credit already for multiplier. But do note, the extra % you get for SAYE will be forfeited once you withdraw money from it. As a NSF you don't know whether will you need the cash. And you forgo the liquidity for 1% interest. Alternatively, CIMB fastsaver.

Gabriel

Gabriel

28 Sep 2018

Undergraduate at National University of Singapore

If you can meet the criteria (salary credit, minimum spending) to earn higher interest for accounts ...

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