What are the best recommended savings account to open as a couple, without the need for salary crediting? - Seedly
 

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Asked by Anonymous

Asked on 21 Apr 2019

What are the best recommended savings account to open as a couple, without the need for salary crediting?

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Jessica Chuah
Jessica Chuah
Level 4. Prodigy
Answered on 14 Aug 2019

I'm using UOB One Account as my joint account. Instead of fulfilling the salary criteria, what my fiance and I did was to fulfill the credit card requirement and in future the 3 GIRO payment requirement when we move into our new place. For us this account worked best as we needed the cheque book and we were still able to maintain our regular salary crediting accounts separately.

The main downside of this arrangement is that the principal account holder will not be able to open another UOB One account under his/her name, so do take note on that.

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 22 Apr 2019

Besides fast saver as mentioned by Wen Hao, you can also consider citibank's maxi gain if you are able to meet the minimum quantum of $70k to get the base interest. This is 70% of sibor on a monthly basis.

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Tay WenHao
Tay WenHao
Level 6. Master
Answered on 21 Apr 2019

For something that has no terms/condition:

CIMB FASTSAVER 1%.

Or can consider UOB One Account?

  • $500 credit card spend

  • 3 Giro

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