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Anonymous
Which banks has high interest rates for students?
Hi :) I’m currently an undergraduate. Just wondering where else can I keep my money at to earn interest or to multiply my money at? I’m currently keeping most of my money at stan chart’s Jumpstart acct for a 2% interest but only cap at $20k but just curious where else to keep my money at instead of POSB’s 0.05% interest, thanks!
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Hariz Arthur Maloy
04 Feb 2020
Independent Financial Advisor at Promiseland Independent
After maximsing SC Jumpstart, the next best acccount without a salary credit ot credit card spend would be CIMB Fast Saver. Alternatively, for slightly higher risk and less liquidity, consider money market funds.
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Definitely Standard Charted Jumpstart though, even the amount after the first 20K has higher interest than POSB