Anonymous

06 Dec 2019

∙

Are there any saving accounts that allows me to credit my salary via cheque and fulfil the requirement to earn interest?

It sounds a little stupid... but my boss credits my salary via a hardcopy cheque instead of GIRO. Would want to earn and build my financial stability as a fresh grad

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Pang Zhe Liang

06 Dec 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

From the bank's perspective, there is no way to verify that the cheque is salary. Hence, you may wish to seek alternative bank where crediting of salary is not a requirement to reach the higher yield.

Consider Standard Chartered JumpStart account.

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Choon Yuan Chan

05 Dec 2019

I dont think there is cheque salary crediting that helps you earn more interest

Stick to Uob one account or CIMB fastsaver then

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Hwee Kian

05 Dec 2019

If you're below 26, then it's ideal for you to have the SCB Jumpstart account. Fresh funds of 20k (up to) earn you a decent 2% interest with no criteria to meet at all. Not too shabby!

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Junus Eu

05 Dec 2019

Go for the accounts that do not require salary crediting ie. CIMB and Citibank Maxigain.

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Jeff Yeo

07 Jun 2019

amateur Social contributor at School of social sharing

Go for the Uob one account

no salary credit required
...

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