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Sep 4, 2008

Best Singapore Bank Savings Interest Rates: September 2008

Best Singapore Bank Savings Interest Rates: September 2008

Welcome to Singapore Savings Account Rates where we bring you the best Singapore bank savings interest rates for various banks on our little island.

Today, we present the best Singapore bank savings interest rates for the month of September in the year 2008. Note that Singapore banks structure their bank savings interest rates differently according to various factors which make comparison of bank savings interest rates between banks rather difficult.

Some of these factors that affect the comparison of the best Singapore bank savings interest rates are the type of Singapore bank savings interest rates account (e.g. Kids Account vs Seniors Account), the principal amount needed to qualify for different bank savings interest rates payout (e.g. 5K vs 50K), your banking relationship with the bank (e.g. standard depositor vs High Net worth depositor) and certain promotional periods when special bank savings interest rates may apply.

However different the various Singapore bank savings interest rates are, we will always give you the best and the latest Singapore bank savings interest rates here at Singapore Savings Account Rates.

Summary: Since our last update, the current Singapore bank savings interest rates remain unchanged.

We present the best Singapore bank savings interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF and Citibank:

Singapore bank savings interest rates of POSB Passbook:
First $3000 0.2500
Next $47000 0.2750
Next $50000 0.3750
Remaining balance above $100000 0.4750

Singapore bank savings interest rates of DBS Autosave (Personal):
First $3000 0.25%
Next $47000 0.35%
Next $50000 0.45%
Above $100K 0.60%

Singapore bank savings interest rates of OCBC Bank Savings Account (With Debit Card)
First $10000 0.25%
From $10001 to $50000 0.35%
From $500001 to $250000 0.40%
Above $250K 0.65%

Singapore bank savings interest rates of UOB FlexiDeposit Account
First $15000 0.35%
Next $85000 0.45%
Next $200K 0.65%
Above $300K 0.75%

Singapore bank savings interest rates of Maybank iSAVvy Account
Less than $5000 0.25%
$5000 to below $50000 0.88%
$50000 and more 1.18%
Interest-on-interest every 6 months * 6.0%
average balance at least $50000

Singapore bank savings interest rates of HSBC Premier Account
First $4999.99 0.15%
From $5000 to $14999.99 0.2%
From $15000 to $49999.99 0.35%
From $50000 to $99999.99 0.6%
From $100,000 and more 0.85%

Singapore bank savings interest rates of HLF (Hong Leong Finance) Savers Plus
$500 to $49999 0.25%
$50000 to $2 million 0.375%

Singapore bank savings interest rates of Citibank Maxisave Singapore
Base rate = 0.35%
From $10000 to $50000 = 0.88% (12 months)
From $50000 to 1 million = 1.18% (12 months)

Singapore bank savings interest rates of ABN AMRO Millennium Account
First $10000 0.15%
Next $40000 0.2%
Above $50000 0.3%

Stay tuned, as we shall update this list of the best Singapore Bank Savings interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and ABN Amro.

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