Lawrence J Nesado

18 Apr 2019

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Which bank account gives best interest?

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Kenneth Lou

07 Jan 2019

Co-founder at Seedly

Hey there Lawrence!

Your question seems abit broad :) But I would suggest using this to calculate on your own. There are mainly two types of accounts:

1) Hurdle accounts (you have to credit salary, spend on their cards etc)

Best here would be OCBC360 or DBS Multiplier or UOB ONE

The difference between the 3 local banks are marginal...

2) Non-hurdle accounts

Best here would be CIMB 1% p.a

The savings account calculator would be here: https://seedly.sg/tools/savings-account-calculator

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Hi I am planning to open a joint bank account with my fiancee and it is solely used for savings and not spending. Which bank account yields the highest interest rate/the best for our case?

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