You might be wondering that the interest rates are kind of low right now! Read DBS multiplier VS Stanchart BonusSaver! A savings account with returns as high as 1-month Fixed Deposit rate. High Yield Savings Plus A/C Rates (% p.a.) EIR (though this is achieved at S$100k balance). You can look forward to RHB’s High Yield Savings Account which offers up to 1% on your deposits. Such links are provided for your convenience and reference only and the inclusion of any hyperlink to any other website is not an endorsement of its contents or its organisation. Yield for One Year Investment . Current rates: Savings accounts have more unpredictability. Your First $50,000 will get you 0.30% which is $150. The Standard Chartered Privilege$aver savings account offers the highest interest rate on a savings account, if the account holder fulfils the conditions. This advertisement has not been reviewed by the Monetary Authority of Singapore. RHB High-Yield Savings Account. Your Last $25,000 will get you 0.15% which is $37.5. The more money deposited, the better the coverage for your children, up to a cap of RM50,000. Today, I will be sharing with you two hassle-free savings accounts which are RHB High-Yield savings and CIMB FastSaver. MORE: CIMB FastSaver Travel Draw Promotion. 2-Year SGS Bond at 1.88%p.a. For example, let us assume you deposit $100,000, first $9,999 X 0.08% = $8 (Round up to nearest dollar), Next $90,000 X 0.5% = $450 (round up to nearest dollar). Unlike a chequing account which are meant for everyday transactions, high interest savings accounts are designed to save money in for a longer period of time. Well, it goes according to how many accounts have been opened so far!!! Enjoy FREE Personal Accident with balances above RM500. RETHINK YOUR RETIREMENT STRATEGY WITH CONCEPT OF “SEMI-RETIREMENT”! Maintain an average balance of S$500 and RHB will waive the S$10 monthly minimum balance fee. No minimum balance required and no fall below fees. It doesn’t help that many banks offer savings account with so many conditions such as crediting salary and spending on a credit card just to hit that desired interest! Progress is a ... you are assured of coverage, complete with protection, savings and investment benefits to prepare your loved ones for a life of unlimited possibilities. Learn more about Insurance. Monthly Balance. A high interest savings account is a type of savings account that pays higher interest than standard savings accounts. No basic savings account could drive or motivate you to keep your money off your itchy hands like RHB Bonus Saver Account. 0.375% Max Interest rate (p.a) $500 Initial Deposit. High Yield savings plus and Fast Saver are they the same? 1.78% p.a. for a deposit amount below S$10,000, 1.00% p.a. To be eligible for the 1.00% p.a., account holders need to deposit at least S$10,000. Ultimate guide to SGFinDex – Is It Secure? No lock-in period, you will have the flexibility to make deposits and withdrawals anytime throughout the year while earning high interests and reaching your financial goals. Also do check our video on investment ideas with high dividends! Explore our products & services to achieve your financial goals. RHB High-Yield Savings Account: Another fuss-free savings account that is similar to CIMB FastSaver Account, RHB will be revising its interest rate with effect from 1 July. Card Features. Both these accounts do not need salary crediting. (adsbygoogle = window.adsbygoogle || []).push({}); This website is designed to educate and provide general information only on the subject matter covered. Looking To Save On Your Integrated Shield Plan? I mean you just need to deposit $1,000 to qualify for the draw!!!!! 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