Finatiq Account Interest Rate Drops
With effect from 19 January 2009, the Finatiq investment account interest rate for individual investors drops to 0.6% per annum.
This investment account functions like a savings account as it pays depositors interest rates. Readers of Singapore Savings Account Rates will remember that before this drop in deposit interest rate, the previous Finatiq account interest rate was 0.8% per annum.
Finatiq Interest Rates At A Glance
|Financial Account||Amount||Rate %|
|Finatiq||From first dollar||0.60|
|Rate is subject to change without prior notice.|
Notwithstanding Finatiq’s account interest rate drop, this deposit rate is still higher than the average Singapore Savings Account rate of 0.25%.