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Or what account do you use to park your cash?
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Eric Dadoun
13 Jan 2022
CEO at DeZy
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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.
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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.
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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...
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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.
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Alongside banks, there are various fintechs that can offer SGD denominated high yield opportunities.
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Good luck with your research!