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Anonymous

19 Nov 2019

Saving Hacks

What's the best savings account without spending?

Looking for options without minimum spending criteria.

Discussion (8)

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Fiona Loh

19 Nov 2019

Analyst at Deloitte Consulting

Hi !
If you're below 27, please go for Standard Chartered JumpStart account, cap at $20k.

WIth no conditions attached to it, you're raking it about $33.33 every month for the $20k.

Interest rate is at 2% p.a.

Any spillover in funds, you may do CIMB FastSaver, with a 1% interest p.a

Ideally, it would be CIMB fast saver with no salary credit and minimum spend.

Mimi Jasman

19 Nov 2019

Customer Service Officer at DHL PTE LTD

Yes! I’ve starting opening my Jumpstart Account with Standard Chart! And I am so happy to see the interest rolling for the past 3 months!! And furthermore I’m 26 and 25 to 26 this nov 28 so I got the chance to be having this account! And I’m totally loving it!

I’m still otw to reach the max 20k amount but I am happy with my emergency fund park there and seeing the interest grow so much. No spendings, not much terms and conditions and if 2% is in!

No fuss at all opening the account and got my $20 voucher worth from grab and used it to offset my load to work twice! Got the debit card and throw it in my other wallet and not gonna use it just gonna see my money increase in future!

Go get them not sponsored thou!

Definitely the standard chartered Jumpstart account. You dont even need to spend, all you need is just put your money in and you will receive high interest rate at 2% per annum.

Albert Tan

11 Nov 2019

Financial Literacy & Solutions at MoneyOwl

If you're between age 18 and 26, can go for Standard Chartered JumpStart

2% on first $20k. No salar...

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