What are some alternatives to POSB Savings, apart from DBS Multiplier?

Open a poems account and u can purchase Phillips money market fund.
Interest rate is 1.3 per cent a year.

1) CIMB FastSaver - Hassle-free to get a better high spending

2) DBS Multiplier - Easy to switch since it belongs to the same bank of his POSB Savings

3) OCBC 360 - more steps to take to get to the higher interest rate, but could be worth it.

These 3 are the best suited for someone interested to switch from POSB Savings.

Have a better return!

I would have previously recommended Citi Maxigain, but it seems that the minimum required amount has been bumped up.

For a no-frills savings account, CIMB Savings!

I would recommend him to put most of his money in CIMB Fastsaver, which gives 1% fuss-free with a little bit at POSB Savings for cash he will use. Only transfer money from CIMB to POSB when require to withdraw.