facebookWhere should I put 15K savings? - Seedly

Advertisement

Anonymous

25 Aug 2021

āˆ™

Saving Hacks

Where should I put 15K savings?

Or what account do you use to park your cash?

Discussion (4)

What are your thoughts?

Learn how to style your text

Its hard to give a single answer as it really depends on your personal risk appetite, your other investments and preferred access / liquidity to the deposits.

​

Alongside banks, there are various fintechs that can offer SGD denominated high yield opportunities.

​

Good luck with your research!

As of January 2022, DBS savings account offers the highest interest rate of 3.8% annually. These rates are constantly changing between banks but DBS has been top of the pack for quite a while.

​

Hong Leong Finance currently offers the highest return of 0.9% for fixed deposit. You will need $20K minimum balance for a 36-month period though.

Sabrina Wong

10 Jan 2022

Communications at University at Buffalo

I wonder if you are currently putting your money elsewhere other than in the bank? I feel that the r...

Write your thoughts

Advertisement