Advertisement

Anonymous

05 Jan 2023

∙

Which savings bank to park 50k and let it grow without touching it and monthly putting in about 7k? but still able to withdraw in case of emergencies? and also easy to setup?

Which savings bank to park 50k and let it grow without touching it and monthly putting in about 7k? but still able to withdraw in case of emergencies?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Benjamin Low

24 Jan 2023

Associate Director of Sales at Manulife Financial Advisers

Some examples of high-yield savings accounts offered by banks in Singapore include the UOB One Account, OCBC 360 Account, and DBS Multiplier Account.

You can also consider a savings account or a fixed deposit account with a digital bank like Stashaway, Endowus, etc. can also be an option, as they can offer higher interest rate and also easy to setup.

Reply

Save

Gaurav Thorat

10 Jan 2023

I would suggest to put it in MooMoo cash fund

Reply

Save

1M45

Edited 05 Jan 2023

Seedly had compile the list.

https://blog.seedly.sg/best-savings-accounts-si...

However, w...

Write your thoughts

Related Posts

Which savings bank to park 50k and let it grow without touching it and monthly putting in about 7k? but still able to withdraw in case of emergencies?

If you are above age 55 with cpf>FRS and still working, are you able to withdraw 7k and put in the same 7k for income tax relief?

21y/o, just enlisted into NS. Looking to grow my savings of $8.1k. Have emergency savings of $38.7k (can't touch). Opened SAYE account and allocated $350 monthly. Please advise on how I can start my investment journey (Conservation & low-risk) ?

What kind of investment plans or bank saving accounts can I invest in during my time in national service (NS)? I am thinking to put some savings aside to let it grow while I serve NS.?

Which bank account should I park my savings money of $10K to just grow and gain interest (not gonna touch or deposit further anymore)?

Related Posts

Which savings bank to park 50k and let it grow without touching it and monthly putting in about 7k? but still able to withdraw in case of emergencies?

If you are above age 55 with cpf>FRS and still working, are you able to withdraw 7k and put in the same 7k for income tax relief?

21y/o, just enlisted into NS. Looking to grow my savings of $8.1k. Have emergency savings of $38.7k (can't touch). Opened SAYE account and allocated $350 monthly. Please advise on how I can start my investment journey (Conservation & low-risk) ?

What kind of investment plans or bank saving accounts can I invest in during my time in national service (NS)? I am thinking to put some savings aside to let it grow while I serve NS.?

Which bank account should I park my savings money of $10K to just grow and gain interest (not gonna touch or deposit further anymore)?

Advertisement