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The latest on Singapore Savings Account Rates:

May 29, 2009

Latest HSBC Deposits Rates

Latest HSBC Deposits Rates

Update: May 2009. The latest HSBC Deposits Rates have dropped. We, at Singapore Savings Account Rates, noted the latest HSBC deposits rates were lowered since our last update.

Image: Latest HSBC Deposits Rates are shown below in the savings rates table.
The latest HSBC Deposits Rates is 0.165% per annum for sums of 100K and more in the HSBC Singapore dollar HSBC Premier Account, HSBC Premier Lite Savings Account.

These deposits rates are for information only. They may change at any time without notice. Before investing money thinking that you can beat inflation with savings deposits, please confirm the deposits rates with your financial consultants and the Singapore bank branch for the latest rates.

The latest HSBC Deposits Rates update was brought to you by Singapore Savings Account Rates.

May 28, 2009

Savings Account For Children

Savings Account For Children

Today we highlight savings account for children of DBS /POSB Bank. DBS / POSB savings account for children is called My Savings Account. This presentation of savings account for children is a free service brought to you by Singapore-Savings-Account-Rates.blogspot.

The rates quoted for savings account for children is for your information only. Rates of savings account for children may change without notice.

Latest MySavings Account (savings account for children of DBS /POSB) :


Let your kids learn good saving habits with a savings account for children.

Thank you for reading Singapore Savings Account Rates for MySavings Account, the savings accounts for children from DBS / POSB bank.

May 27, 2009

Fairprice Plus Internet Banking

Fairprice Plus Internet Banking

Image: Fairprice Plus Internet Banking Rates.

There has been no change in the Fairprice Plus Internet Banking system nor its internet banking savings accounts rates. Since 1 March till May 2009, the Fairprice Plus internet banking savings account rates have stayed at the same rate as shown in the image.

Fairprice Plus Internet Banking is a convenient way to perform banking transactions. Are the rates the best and highest in Singapore? Check out our 2009 Top Bank Rates to see for yourselves.

Fairprice Plus Internet Banking can be assessed from our site through the link: Fairprice Plus Internet Banking.

Note that Fairprice Plus Internet Banking savings account interest rates may change without notice. For your own financial security, kindly ensure you access money from Fairprice Plus Internet Banking on a secure and authentic channel.

Thank you for reading Singapore Savings Account Rates.

May 26, 2009

Singapore Prime Rate

Singapore Prime Rate

At Singapore-Savings-Account-Rates.blogspot.com, we highlight the DBS Singapore Prime Rate today.

Before we proceed, let's clarify what in Singapore is Prime Rate, and also what is Floating Rate.

According to Association of Banks in Singapore, Prime Rate is the lowest lending rate which a bank is prepared to lend in Singapore Dollars to its best customers on an overdraft or demand basis.
A floating rate is one which is not fixed, and is pegged to an index rate eg Prime + 1%, and "floats" according to the movements in the index rate.
In simple Singlish, Singapore Prime Rate is THE rate that banks decide, based on many commercial decisions, on a case-by-case basis depending on whether you are the 'best' customer or not, to charge you for lending you its money. If you wish to know the criteria to qualify as best customer in Singapore, we are afraid we can't give you the answer.
We could not find anything on DBS Singapore website that states its Singapore prime rate. You need to call them directly to ascertain the DBS Singapore prime rate.

However, according to their promotional materials about Assetline, the DBS Singapore prime rate is 4.25%, which is marketed as the lowest prime rate. This prime rate applies only to AssetLine Loan package in Singapore.

See the copy of Singapore Prime Rate we snapped below:

If you are looking for Singapore mortgage loan rates | Singapore housing loan rates | Singapore home loan rates and similar Singapore loan packages, the trend now is to charge for loans in Singapore based on SIBOR (Singapore interbank offered rate). But that is for another post, on another day.


NEW! Check out this site on Singapore Bank Prime Rates:
http://singaporeprimerates.blogspot.com/


Link to other posts on Singapore Bank Prime Rates.

Thanks for reading Singapore Savings Account Rates, where we bring you the best and latest savings account rates (most of the time, except in a post like today's).

May 25, 2009

Savings Account Rates Promotion

Savings Account Rates Promotion

Thank you for visiting Singapore Savings Account Rates. In today's Savings Account Rates Promotion, we highlight five savings account rates for promotion to you, our dear readers.


These Savings Account Rates that we shall consider for promotion are:


Savings Account Rates Promotion 1: UOB 0.8% Savings Account Rates


Savings Account Rates Promotion 2: Safe Singapore Invesments


Savings Account Rates Promotion 3: Sing Investments & Finance Savings Rates


Savings Account Rates Promotion 4: Top Savings Accounts Rates


Savings Account Rates Promotion 5: Singapore Un-fixed Deposits Rates


There are many other new savings account rates promotions of other banks and financial institutions on our blog that we have gathered over the months. Feel free to look around to check on any savings account rates promotion that may catch your investment fancy.

No matter where the latest and best savings account rates promotions are in Singapore, we will try to uncover those savings account rates for you. Keep reading Singapore Savings Account Rates to keep in touch with the newest promotions for potential investment and to make your hard-earned savings & money work harder for you in this global recession!

Thanks for reading our latest and newest savings account rates promotion today.

May 22, 2009

Children Savings Account

Children Savings Account

Today we highlight children savings account of UOB Bank. UOB's children savings account is called Junior Savers Account. This is a free service brought to you by Singapore-Savings-Account-Rates.blogspot.

The rates quoted for children savings account of UOB Bank is for your information only. Rates of children savings account may change without notice.

New children savings account rate of UOB Bank Junior Savers Account:
Previous children savings account rate of UOB Bank Junior Savers Account:
Let your kids learn good saving habits with a children savings account.

Thank you for reading Singapore Savings Account Rates for the children savings accounts of UOB Bank.

May 21, 2009

Bank Prime Lending Rates

Bank Prime Lending Rates

Some of you have asked for prime lending rates of Singapore banks. We listened and today we highlight selected prime lending rates of local Singapore banks.

These Singapore bank prime lending rates are correct as at 19 May 2009.

Bank | Prime Lending Rates

1. OCBC | 5.00%

2. UOB | 5.00%

3. Far Eastern Bank | 5.00%

4. DBS | 5.00%


NEW! Check out this site on Singapore Bank Prime Rates:
http://singaporeprimerates.blogspot.com/


If you need clarification, please check with the respective banks for their latest prime lending rates.

May 20, 2009

Best Savings Account Rates Singapore

Best Savings Account Rates Singapore

The table below carries selected best savings account rates in Singapore at Singapore-savings-account-rates.blogspot.com.

Since our last post on the best savings account rates of deposits in banks of Singapore, there have been declines in best savings account rates.



























































































































Best Savings Account Rates Singapore

Savings Account Amount in Sg $
Rate (% p.a.)







Fairprice Plus Savings Accounts $50001-500K1.00
UOB Passbook | Uniplus Top Up Amounts0.80
Maybank iSavvy $50K and more0.75
Standard Chartered eSaver 200K and more0.68
NTUC Thrift Savings A/C






0.50
OCBC EasiSave A/C
More 1 million0.48
DBS Autosave (Per) Above $1000000.40
Savings account rates are subject to change without prior notice. Savings account rates correct as of 20 May 2009.

The best savings account rates for Singapore banks and financial institutions that we know of is currently the one provide by Fairprice Plus Savings Account. It is paying 1.00% per annum for sums above S$50,000 dollars.

Kindly note that the best savings account rates quoted here may increase / decrease or remain unchanged without early notice. Savings account rates are best used for information and not for investing purpose.

You are best advised to seek professional assistance from the banks themselves for the latest and best savings account rates confirmation, before you make any financial investment decisions.

If you believe that the rates here can best beat inflation, stock market returns or suit your personal finance circumstances, then use the information smartly on the best savings account rates we provide today.

Thank you for following our Singapore Savings Account Rates, where we provide the latest and best Singapore savings account rates FOR FREE.

saVings
Singapore-Savings-Account-Rates.blogspot.com

Bank of India Savings Deposits Rates

Bank of India Savings Deposits Rates

We highlight Bank of India savings deposits rates today. Whether you are residents Indians or non-resident Indians, examine the savings deposits rates that we present before you go investing.

Image: Bank of India Savings Deposits Rates

These are the Bank of India Savings Deposits Rates for the month of May 2009. The savings deposits rates apply for currencies like Australian Dollars, Canadian Dollars, Euro dollars, British Pounds, Japanese Yen, US Dollars New Zealand Dollars and Singapore Dollars.

Bank of India Savings Deposits Rates are for your information only and may change without notice. Consult with your financial consultant before you invest money in stocks, shares or savings.

At Singapore Savings Account Rates, we bring you the best and latest savings account rates on the little red dot (also known as the Republic of Singapore).

May 19, 2009

Maybank Savings Accounts

Maybank Savings Accounts

In this issue, Singapore-savings-account-rates.blogspot.com presents the latest Maybank Savings Accounts as of May 2009. We highlight Maybank's Premier One Account, Maybank Savings Account, Maybank Save Up Account and Maybank Youngstarz Savings Accounts.

Look at the savings account rates of the various Maybank savings accounts in the following charts.

Image: Maybank Savings Accounts (1)
Image: Maybank Savings Accounts (2)

Maybank Savings Accounts rates are correct as of 13 May 2009. These savings interest rates are for your information only. Before you invest money in these Maybank savings accounts, consider if they will beat inflation and ensure that you read all the fine print on banking terms and conditions.

We help you keep track of the latest savings account rates on the sunny island of Singapore. Thanks for reading Singapore Savings Account Rates.

May 18, 2009

Bank Savings Rates Singapore

Bank Savings Rates Singapore
For 17 May 2009

We present a summary of the current latest selected banks savings rates Singapore for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS as shown in the table.



























































































































































































Bank Savings Rates Singapore

Sg Bank Savings AccountAmount in Sg $
Rate % Per Annum



POSB Passbook Savings Deposit First $30000.25



Next $470000.250



Next $500000.325



Above $1000000.400
DBS Autosave (Per) Savings DepositFirst $30000.125



Next $470000.175



Next $500000.325



Above $1000000.40
OCBC Statement Savings Debit A/CFirst $100000.125



$10001 - $500000.175



$50001 - 2500000.325



More than $250K0.400
UOB Flexi Deposit AccountFirst $150000.15



Next $850000.25



Next $200K0.35



Above $300K0.45
Maybank iSavvy Savings Deposit < $50000.25



$5K -less than $50K0.50



$50K and more0.75
HSBC Premier Savings DepositFirst $4999.990.100



$5K - $14999.990.100



$15K - $49999.990.125



$50K-less than $100K0.145



$100K and more0.165
Hong Leong Finance Savings Plus$500 - $499990.25



$50K - $2 million0.375
Citibank Maxisave AccountFrom $10000 & more0.15
RBS Millennium Savings DepositFirst $100000.0



Next $400000.125



Above $500000.150
Bank Savings Rates Singapore are subject to change without prior notice.



Before you proceed to invest dollars in financial investments elsewhere, note the bank savings rates in Singapore may change without notice. These banks savings rates are for information only. You should consult and re-confirm with the respective banks before you start to invest in any bank financial investments.

We present a summary of the current latest selected banks savings rates Singapore for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS as shown in the table.

Thank you for reading Singapore Savings Account Rates, for a comparison of current latest bank savings rates in Singapore for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS.

May 13, 2009

UOB Principal Guaranteed Structured Deposit

UOB Principal Guaranteed Structured Deposit

Image: UOB Principal Guaranteed Structured Deposit key features.


You can get your hands on a UOB Principal Guaranteed Structured Deposit that pays generally higher interest with the protection of the principal being guaranteed.

UOB Principal Guaranteed Structured Deposit: Fortune Deposit – Series (5) (“UOB Fortune Deposit – Series (5)”) is a 4 years and 11 months structured deposit which pays you guaranteed interest and guarantees your principal if held to maturity.

Terms and conditions apply to the UOB Principal Guaranteed Structured Deposit. Singapore Savings Account Rates readers must read all the fine print before using life savings to invest in it.

The UOB Principal Guaranteed Structured Deposit is not a savings account that you can withdraw money anytime before maturity. It is also not a fixed deposit product. You are advised to seek financial advice from your financial advisor to ascertain if this UOB Principal Guaranteed Structured Deposit is suitable for your personal financial circumstance.

Structured deposits which have risk and investment elements, are not conventional deposits and accordingly, are not insured deposits for the purposes of the Deposit Insurance Act 2005 (No. 31 of 2005).

May 12, 2009

Sing Investments Finance

Sing Investments Finance

Image: Sing Investments Finance savings rates.

Sing Investments & Finance Ltd offer a savings interest rates of 0.25% per annum. Interest is paid daily on the savings accounts. While these monetary returns cannot match the rapid financial investment returns from the current stock market rise, the money deposited in a Sing Investments & Finance savings account is guaranteed.

More details on Sing Investments & Finance savings account rate will be given when changes occur. Note that Sing Investments Finance savings account interest rates may change without notice.

Thanks for reading Singapore Savings Account Rates, where we keep track of Sing Investments Finance and other bank / financial institution savings account rates.

May 11, 2009

Safe Singapore Investments

Safe Singapore Investments

Are there safe Singapore investments nowadays? Given the upheavals in banking since September 2008, with the precipitous fall of the global economy, can anyone find save Singapore investments to park their hard-earned cash?

Here at Singapore Savings Account Rates, we do not have all the answers. A safe Singapore investment for us may not be considered as a safe Singapore investment by others.

What we do know about save Singapore investments, is that we consider Singapore investments that are safe to be those that will not lose your capital, offer positive earnings and should not make us lose too much sleep in the process.

We consider money invested in selected bank savings accounts, fixed deposits, treasury bills and Singapore government bonds to be in the category of safe Singapore investments.

The Singapore government had given guarantee that all our money in selected bank savings accounts and fixed deposits will be fully protected until the end of year 2010.

No doubt these safe Singapore investments earn very low returns at current rates. The low returns are the price to pay for safety, security and uninterrupted sleep.

If you hunger for high investment returns, with the attendent high risk of losing your hard-earned money, go ahead and choose Singapore investments that suit your high-risk appetite.

Safe Singapore investments may not suit everyone. Consider your own financial profile, investment goals, life stage, time constraints and other factors before you allocate assets to safe Singapore investments.

We shall monitor and bring you more Singapore Savings Account Rates for those interested in the pursuit of safe Singapore investments.

May 7, 2009

Bank Interest Rates







Bank Interest Rates


At Singapore Savings Account Rates, we highlight the best highest and latest bank interest rates for selected savings accounts and bank deposits.

We put up bank interest rates on the top bank interest rates for online savings deposits. We put up the latest top bank interest rates of the local big banks' deposits. We highlight selected latest bank interest rates of promotional savings accounts. We also compare highest savings bank interest rates and write commentaries on best bank interest rates.

Bank interest rates of savings accounts may vary throughout the year. Bank interest rates may change without prior notice. Bank interest rates given here are for your information only. Before you invest any financial investments based on these bank interest rates, kindly refer to your financial advisor or bank manager for the latest bank interest rate confirmation and financial advice.

If you are searching for bank interest rates on bank savings accounts, bank current accounts and similar bank accounts, we will aim to put up all these bank interest rates. If you can't find the bank interest rates you are looking for, let us know. We will post the bank interest rates that interest you.

Look around our site for bank interest rates. We hope you find your ideal bank interest rates.

Check out the latest bank interest rates here.

May 6, 2009

UOB Savings Account Promotion

UOB Savings Account Promotion




From 1 May 2009 until 31 July 2009, investors who put investment money into a UOB savings account promotion can get 0.8% p.a. interest rates on the top-up amount for UOB Passbook Savings and Uniplus Accounts.

This UOB promotion on savings account interest rate is much higher than the usual 0.4% per annum interest rate. This is observed by us at Singapore Savings Account Rates

Financial investors investing in this UOB savings account promotion must note the terms and conditions with this UOB savings account promotion. This reminder on UOB Savings Account Promotion is given by Singapore Savings Account Rates.


Thank you for reading Singapore Savings Account Rates, where we bring you the latest and best savings account rates in Singapore.

May 5, 2009

Thrift Savings Account Rates



Thrift Savings Account Rates

The NTUC Thrift savings account rates have been updated for May 2009 since 1.5.2009. The rates have declined from 0.88% for the Thrift Savings Account as at 1 April 2009.

Thrift Bonus Savers Account is now offering investors who have financial investments in these accounts an interest rate of 0.5% per annum. NTUC Thrift Savings Account is also paying 0.5% per annum. Thrift Junior Savings Account is offering a slightly higher amount of 0.52% p.a. Thier Thrift Flexisave Savings Account is giving investors 0.325% per annum.

Read more in Singapore Savings Account Rates.

May 4, 2009

DBS Premier Income Account

Image: DBS Premier Income Account.
DBS Premier Income Account

DBS Premier Income Account is a special S$ Fixed Deposit Account for customers who are at least 55-years-old.

DBS Premier Income Account earns extra interest of an additional 0.25% added to the current applicable tier rate or the first tier rate for deposits of S$1,000 to S$9,999, depending on market conditions.

DBS Premier Income Account offers flexible interest payment.

DBS Premier Income Account comes with free personal accident insurance coverage.

Discounts on selected products are available with the DBS Premier Income Account.

The minimum initial deposit is S$10,000 for a minimum 6-month tenor for the DBS Premier Income Account.

May 2, 2009

Singapore Un-Fixed Deposit Interest Rates

Singapore Un-Fixed Deposit Interest Rates
For Month of May 2009





























































































































































































Sg Un-Fixed Deposit Interest Rates

Sg Un-Fixed Deposit AccountAmount in Sg $
Rate % Per Annum
POSB Passbook Savings Deposit First $30000.25
Next $470000.250
Next $500000.325
Above $1000000.400
DBS Autosave (Per) Savings DepositFirst $30000.125
Next $470000.175
Next $500000.325
Above $1000000.40
OCBC Savings Debit AccountFirst $100000.125
$10001 - $500000.175
$50001 - 2500000.325
More than $250K0.400
UOB Flexi Deposit AccountFirst $150000.15
Next $850000.25
Next $200K0.35
Above $300K0.45
Maybank iSavvy Savings Deposit < $50000.25
$5K -less than $50K0.50
$50K and more0.75
HSBC Premier Savings DepositFirst $4999.990.10
$5K - $14999.990.15
$15K - $49999.990.20
$50K-less than $100K0.30
$100K and more0.35
Hong Leong Finance Savings Deposit$500 - $499990.25
$50K - $2 million0.375
Citibank Maxisave AccountFrom $10000 & more0.15
RBS Millennium Savings DepositFirst $100000.0
Next $400000.125
Above $500000.150
Singapore Un-Fixed Deposit Rates subject to change without prior notice.



Summary: Before you proceed to invest dollars in financial investments elsewhere, note the rates in Singapore (Sg) Un-fixed deposit interest for May 2009.

We present a summary of the current latest selected Singapore Un-fixed Deposit interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS as in the table above.

Thank you for reading Singapore Savings Account Rates' comparison of current latest Singapore Un-fixed deposit interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS for the month of May 2009.

May 1, 2009

Happy Labour Day from Singapore Savings Account Rates

Happy Labour Day
from
Singapore Savings Account Rates

We wish all our readers in Singapore,
a very happy public holiday
on
Labour Day!

Note that while you are on holiday,
your money in a savings account
keeps earning interest
throughout the holiday!



The Team
Singapore Savings Account Rates

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