POSB SAYE Account is reaching 24 months, where should i park my savings after that?
Hi folks, as stated in the topic my SAYE account is at 24 months. I am waiting for the 25th month to get my bonus interest. Where should i put my savings to afterwards? I have read up about the DBS multiplier and the CIMB fastsaver, both looks good but not sure which one should i go for.
Side question, how do i close my SAYE account after the 25th month?
Thanks in advance for the response!
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I'd say CIMB fast savers but I read other comments which said Citi Maxigain:O is there a difference in both other than ror?
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Can also consider putting it in SSB as it gives higher interest than CIMB Fast Saver (of 1%) and it has the flexibility to withdrawl early at a penalty of $2.
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Seedly got this covered. Check out this awesome calculator: https://seedly.sg/tools/savings-account-calculator
You put in information such as your monthly income, expenses, loans, etc, and the calculator will let you know which savings account is best for you :)
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Jason Sing
15 Sep 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
Cimb fastsavers acc. 1% interest. ...
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Dbs multiplier definitely, has better interest as long as you credit your salary in & use dbs cards.