Are there any low effort savings account other than CIMB fastsaver?

Hey Anon, you can consider Etiqa Elastiq which offers 1.8% guaranteed interest on your initial deposit for the first 3 years. After the initial lock-in of 3 months, it works like a bank account, similar to the Singlife account.

I've been using it since January 2019, let me know if you have any questions.

Hey there.

CIMB has recently announced today that they will be revising their interest rate for FastSaver. You might want to take a look here.

Other alternative choices that do not require spending/minimum sum include:

1. Singlife Account (2.5% p.a, capaital guaranteed, interest non guaranteed)

2. FSM Auto-Sweep Account (1.05%p.a, interest rates may be revised)

3. Stashaway Simple (1.9%, capital non guaranteed, interest non guaranteed)

4. SCB JumpStart (1%p.a)

5. crypto.com Crypto Earn (Depending on currency, as high as 16%p.a without any prior staking. However, do take note of the volatility of cryptocurrencies)

6. Vivid Account (1.05% p.a for first 10k, 1.30% for 10k-20k)