facebookWill Seedly revise their Best Savings Account Calculator in Singapore 2020, since OCBC 360 and SCB has changed their interest rate? - Seedly

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HL Low

03 Jun 2020

Saving Hacks

Will Seedly revise their Best Savings Account Calculator in Singapore 2020, since OCBC 360 and SCB has changed their interest rate?

Discussion (3)

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Kenneth Lou

03 Jun 2020

Co-founder at Seedly

Hello there! Thank you for asking this question :)

Yes we will revise our calculator towards the end of the month as we enter July 2020.

The main reasons are because:

  • The banks are still releasing their updated interest rates these few days/weeks

  • We would rather make a big ONE TIME change than little changes along the way

  • Most of the interest rate changes only take effect on 01 July 2020

Hope this answers your questions, and I am sure you will hear about it the moment we push it out and update it. Do share with your friends as well once it is up!

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Pang Zhe Liang

03 Jun 2020

Lead of Research & Solutions at Havend Pte Ltd

I believe they will be updating the tool eventually; give them some time.

Of course, feel free to drop their support an email to give them a nudge.

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