facebookWhat is the best saving account for freelancers? - Seedly

Anonymous

30 Aug 2019

Saving Hacks

What is the best saving account for freelancers?

I'm moving from a full-time job to freelancing soon.

Currently, I have the POSB Everyday Card + DBS Multiplier combination.

I have 1 GIRO for telco (2 mobile numbers) and 1 GIRO for NTUC Plus! Membership.

Is splitting the telco bill into 2 accounts (total 3 GIRO) and switching to UOB ONE Account + UOB ONE Card a better choice?

Actually, does that works? If yes, which credit card should I go for? ONE Card/YOLO?

I think I'm ok to spend $500 per month including the GIROs

Discussion (4)

What are your thoughts?

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If you are going to be a freelancer soon, you will need to make sure you have "Sal" credited into your UOB one account from your jobs to enjoy the be ate or high interest rate
I would suggest you take the CIMB account since your Income might be unstable too to have the $500 1st tier spending every month for a quarter of a year at least.

Also, the comparison of the bank accounts have been asked and replied to by many of the Seedly community here. You may search for related tags and read on it for more feedback.

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Kenneth Lou

30 Aug 2019

Co-founder at Seedly

Hello friend!

You can actually try using our savings account calculator here: https://seedly.sg/tools/savings-account-calculator

Apart from that! Many others would have also answered this same question on the SeedlyQnA platform here: https://seedly.sg/questions/what-is-the-best-ba...

It looks like it is between UOB ONE and CIMB FastSaver! :)

Loh Tat Tian

29 Aug 2019

Founder at PolicyWoke (We Buy Insurance Policies)

I'm also looking into getting UOB One Account + One Card for my freelancing because I do not have sa...

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