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Sep 29, 2009

RHB Bank Singapore Savings Interest Rates

RHB Bank Singapore Savings Interest Rates

Singapore Savings Account Rates presents RHB Bank Singapore Savings Interest Rates for investors with kids / children looking for the best savings and deposit rates in Singapore this September 2009. This savings account for kids / children is known as the RHB Junior Banker account.

RHB Bank Singapore savings account interest rates of the Junior Banker child account are shown for your information. Before you consider investing cash in oil, gas, stocks, shares, treasuries, bonds, unit trusts or other banking products, ensure that you re-confirm the savings account rates with bank concerned.

RHB Bank Singapore savings account rates are subject to change without notice at the absolute discretion of the bank.

So what are the Singapore savings interest rates of the RHB Junior Banker savings account?

RHB Bank Singapore Savings Interest Rates of Junior Banker A/C:
Junior Banker Interest Rates:
Deposit Amount | Interest Rates
Less than S$10,000 = 0.48% p.a.
S$10,000 - S$49,999 = 0.58% p.a.
S$50,000 and above = 0.78% p.a.

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

The Team
Singapore Savings Account Rates.

Sep 28, 2009

OCBC Monthly Savings Account Rates Singapore

OCBC Monthly Savings Account Rates Singapore

Singapore Savings Account Rates presents OCBC Monthly Savings Account Rates Singapore for bank deposit investors in Singapore.

Investors and savers should be aware that rates are shown for information. You should not be investing cash in deposits, stocks, shares, unit trusts or other financial banking products until you verify OCBC monthly savings account rates.

Monthly savings account rates are subject to change without notice at the absolute discretion of the bank.

Here are the promotional monthly savings account rates of OCBC Bank this September 2009:

Table / Chart on OCBC Monthly Savings Account Rates:



Thanks for reading Singapore Savings Account Rates.

The Team
Singapore Savings Account Rates.

Sep 26, 2009

Investing In Singapore Savings Account Rates

Investing In Singapore Savings Account Rates



Regular readers who invest time reading our Singapore Savings Account Rates would have noticed the change in appearance of our site.

Singapore Savings Account Rates would like to take this opportunity to present our new makeover. We hope it is more pleasing on the eyeballs, and will offer a better reading experience.

We are still around after more than a year and there is no major change in the editorial style and content.

Like most things in Singapore, change is a constant in our fast-paced society. This is part of our on-going investment in Singapore Savings Account Rates. We hope that by investing on a refreshing look, you will continue to support us.

Just a reminder to those who are new to our site, savings account rates are shown for information and not for investing in stocks, shares, bonds, unit trusts or other banking products. Kindly read our disclaimer before you read on.

Thanks for reading Singapore Savings Account Rates, where we hope to make your money work harder for you.

The Team
Singapore Savings Account Rates.

Sep 23, 2009

POSB Post Office Savings Bank Passbook Savings Rates

POSB Post Office Savings Bank Passbook Savings Rates (Singapore)

This day in September 2009, we highlight POSB Post Office Savings Bank passbook savings account rates for our Singapore Savings Account Rates blogspot readers.

This Post Office Savings Bank POSB passbook savings rates is quoted for information and not for investing cash in stocks, shares, oil, gas, structured products and other financial investments.

Are the rates comparable to what other banks in Singapore offer depositors? Take a look at POSB's passbook savings account rates.


POSB PASSBOOK SAVINGS RATES:
Amount | Savings Account Rates
First $3000= 0.1250
Next $47000= 0.1250
Next $50000= 0.2500
Remaining balance above $100000= 0.2500
(rates quoted in per cent per annum.)

Savings account rates can change any time without advance notice. Check with POSB to re-confirm savings account rates if you intend to perform serious investing based on these rates you read today.

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

The Team
Singapore Savings Account Rates.

Sep 22, 2009

Offshore Banks

Offshore Banks Part 2

The list of offshore banks that operate in Singapore is presented by Singapore-Savings-Account-Rates.blogspot.com today.

Note that this list of offshore banks is not exhaustive. List is provided for information and not as recommendations for investing money. If you choose to invest in the offshore banks listed here, you do so at your risk.

Source: Monetary Authority of Singapore.

Offshore Banks List:
PT BANK MANDIRI (PERSERO) TBK
RAIFFEISEN ZENTRALBANK OESTERREICH AKTIENGESELLSCHAFT
ROYAL BANK OF CANADA
SINGAPORE SAVINGS ACCOUNT RATES:-)
SHINHAN BANK
SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED, THE
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)
STANDARD BANK PLC
SUMITOMO TRUST & BANKING CO LTD, THE
SVENSKA HANDELSBANKEN AB
TORONTO-DOMINION BANK, THE
UNION DE BANQUES ARABES ET FRANCAISES
WOORI BANK

Listing of offshore banks subject to revision without any warning.

Read More information at Offshore Bank Rates site.


Thanks for reading Singapore Savings Account Rates.

The Team
Singapore Savings Account Rates

Sep 21, 2009

Maybank Savings Rates: SaveUp Account

Maybank Savings Rates: SaveUp Account

Singapore Savings Account Rates presents Maybank Savings Rates: SaveUp Account today.

Maybank Savings rates of SaveUp Account are shown for your information. Before investing money in stocks, shares, unit trusts or other banking products, ensure that you verify savings account rates with bank concerned.

Savings Account rates of Maybank SaveUp Account are subject to change without notice at the absolute discretion of the respective bank.

Maybank Savings Rates: SaveUp Account
First S$3,000 = 0.2500% p.a..
Next S$47,000 = 0.3750% p.a.
Remaining balance above S$50,000 = 0.5000% p.a.

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

The Team
Singapore Savings Account Rates.

Sep 16, 2009

CPF LIFE Roadshows | Talks

CPF LIFE Roadshows | Talks

Have you wondered what is the CPF LIFE scheme? Is it a scheme for you to invest money, an insurance plan to protect your life or a savings account for life using CPF investment funds?

Have questions about CPF LIFE? Get more information about CPF LIFE during the CPF LIFE roadshows and talks in the coming weeks of September, October and November 2009.

CPF LIFE Roadshows, Talks, Event details:

Name of Event | Venue | Date | Day | Time

CPF LIFE event: CPF LIFE Talk
DBS Building Tower 1, DBS Auditorium, Level 3
30/09/2009 Wednesday 6:15 pm to 8:30 pm

CPF LIFE event: Active Ageing Roadshow 2009
Open Field beside Tampines Mall
10/10/2009 Saturday 10:30 am to 6:30 pm

CPF LIFE event: Central Singapore on the Move
Queenstown Stadium
18/10/2009 Sunday 7:30 am to 10:30 am

CPF LIFE event: Active Ageing Festival
Republic Polytechnic Centre
25/10/2009 Sunday 8:00 am to 11:00 am

Roadshow at Nee Soon East
Nee Soon Courtyard
14/11/2009 Saturday 7:30 pm to 10:30 pm

CPF officers will be there to help you understand CPF LIFE better.

Want to know what are the payout rates of CPF LIFE? Check out our earlier article in Singapore Savings Account Rates now.

Thanks for reading Singapore Savings Account Rates.

The Team
Singapore Savings Account Rates.

Sep 15, 2009

SBI Multisweep Account Rates Singapore

SBI Multisweep Account Rates Singapore

State Bank of India SBI Multisweep Account Rates Singapore is presented by Singapore Savings Account Rates for your interest rate information. SBI stands for State Bank of India. State Bank of India SBI has a branch in Singapore that offers savings account rates. Residents and non-residents can utilize the savings account rates.

These SBI Multisweep account rates (Singapore) should not be used for investing cash, investing in stocks, shares, bonds, T-bills, hedge funds or other personal portfolio investment funds until you re-verify the interest rates with the bank concerned.

SBI Multisweep Account Rates Singapore is highlighted below.

SBI Multisweep Main Saving Account Rates = 0.55% p.a.

SBI Multisweep Sub-Account Rates = 0.90% p.a.

* 0.35% over interest over main saving account rising & falling therewith.

SBI Multisweep Account Rates Singapore is subject to revision without any advance notice.

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

The Team
Singapore Savings Account Rates.

Sep 14, 2009

CPF LIFE Payout Rates


CPF LIFE Payout Rates

What is CPF LIFE? Is it an insurance scheme, a financial investment scheme, a savings deposit scheme or what?

CPF LIFE is the acronym for CPF Lifelong Income Scheme For The Elderly. It is a scheme that will provide monthly payout starting from your Draw Down Age (DDA), for as long as you live.

This CPF LIFE scheme was started because the current Minimum Sum Scheme is estimated to last for about 20 years, a period shorter than the expected life expectancy of many CPF account holders.

With the CPF LIFE Scheme, it is expected to help stretch CPF members savings to last through a longer period of retirement.

Details of CPF LIFE can be found at www.cpf.gov.sg and we will not go into details here.

Of interest to Singapore Savings Account Rates is: what will be the CPF LIFE payout rates?

CPF LIFE Payout Rates:

The CPF LIFE payout range used in the example as given in CPF LIFE brochure at the CPF website is based on CPF interest rates of between 3.75% and 4.25%.

These CPF LIFE Payout Rates do not represent the lower and upper limits of the payout.

The monthly payout may be adjusted every year to take into account factors such as CPF interest rate and mortality experience.

You can use the CPF LIFE Payout Estimator at www.cpf.gov.sg to find out how the monthly payout varies with different CPF Retirement Account (RA) balances.

How does this compare with the CPF Retirement Account rates?

As quoted from CPF site:
"From 1 January 2008, savings in the Special Account, Medisave Account and Retirement Account (SMRA) is pegged to the 12-month average yield of the 10-year Singapore Government Securities (10YSGS) plus 1%. To help members adjust to the floating SMRA interest rate, a 4% floor for the SMRA rate will be maintained for the first three years (2008 - 2010).

In addition, an extra 1% of interest will be paid on the first $60,000 of a member's combined balances, with up to $20,000 from the OA. The extra interest from the OA will go into the member's Special or Retirement Account to improve his retirement savings.

Under the CPF Act, the Board pays interest at a minimum rate of 2.50% per annum. CPF interest is computed monthly and, compounded and credited annually."

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

The Team
Singapore Savings Account Rates.

Sep 11, 2009

4% CPF SMRA Interest Rate Extended to 2010

4% CPF SMRA Interest Rate Extended to 2010

We note that the 4% CPF SMRA interest rate has been extended to the year 2010.

It was long held that the special 4% per annum minimum floor interest rate for CPF Special account, Medisave account and Retirement account would end by 31 December 2009.

We checked and confirmed that the 4% CPF SMRA interest rate has indeed been extended to 2010 when we looked through the CPF website here.

As quoted from CPF site on 11 Sep 2009:

"From 1 January 2008, savings in the Special Account, Medisave Account and Retirement Account (SMRA) is pegged to the 12-month average yield of the 10-year Singapore Government Securities (10YSGS) plus 1%. To help members adjust to the floating SMRA interest rate, a 4% floor for the SMRA rate will be maintained for the first three years (2008 - 2010).

In addition, an extra 1% of interest will be paid on the first $60,000 of a member's combined balances, with up to $20,000 from the OA. The extra interest from the OA will go into the member's Special or Retirement Account to improve his retirement savings.

Under the CPF Act, the Board pays interest at a minimum rate of 2.50% per annum. CPF interest is computed monthly and, compounded and credited annually."


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

The Team
Singapore Savings Account Rates.

Sep 9, 2009

Protect Your Savings Account 3

Protect Your Savings Account 3

In the third part of our 'Protect Your Savings Account' series, Singapore-savings-account-rates.blogspot.com will highlight another idea to help protect your hard-earned cash savings when deposited into a bank savings account.

Protect Your Savings Account(3)
Secure your PIN number. Keep it secret.


Keep your PIN number secret and confidential at all times

Never use the same Internet Banking PIN for other financial or non-financial web-based services such as for email, online shopping, digital identity and other online subscription services.

Do not choose a PIN that is easily guessed, like your telephone number, NRIC number, date of birth, User ID, or other associated data.

Do not use sequential numbers (eg. 123456) or the same number more than twice (eg. 121145).

Do not share or divulge your PIN to anyone.

You should memorise your PIN and not to write it down or store it in computer hard-disk, diskette, mobile phone or other insecure means.

Do not use your PIN when someone else can see you keying it in.

Before entering your User ID and PIN, you should always check that the site you are visiting is the correct, secure and official URL.

Change your PIN regularly.

Once you suspect that your PIN has been compromised, change your PIN immediately.

Simple measures like those mentioned above will go a long way to prevent someone from swiping the hard-earned contents of your bank savings account.

Do not just concentrate on getting the highest and best savings account interest rates in Singapore. How you take care of your savings account has a great impact on your likelihood of losing money. We hope these simple steps will protect your savings account and your hard-earned money.

Thanks for reading Singapore Savings Account Rates.

Sep 8, 2009

UCO Singapore Savings Bank Account Rate

UCO Singapore Savings Bank Account Rate

UCO Bank Singapore Savings Bank Account Rate is highlighted this September 2009 by Singapore Savings Account Rates blogspot. As usual, savers should re-confirm interest rates before investing money or investing cash in financial investments especially if you intend to use theses savings bank account rates for any personal financial transaction.

UCO Bank (Singapore) savings bank account deposit must be in Singapore Dollar currency. Minimum balance in UCO savings bank account is SGD 200.00.

What about the UCO bank Singapore Savings Bank Account Rates?

The UCO bank (Singapore branch) savings bank interest rate is 0.10%. This savings bank account interest rate is correct as at September 2009.

We hope you found UCO savings bank account rate informative.

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

The Team
Singapore Savings Account Rates.

Sep 7, 2009

CPF Savings Rates

CPF Savings Rates: Interest Rate For CPF Ordinary Account (OA)

Before you take out money from your CPF savings account to invest money, you should check out the savings rates that CPF is paying.

The CPF Board will continue to pay the same interest savings rate per annum for members’ CPF savings in their Ordinary Account (OA) from 1 October 2009 to 31 December 2009.

The computed CPF savings rate is derived from the major local banks’ savings interest rates for the three-month period, 1 May 2009 to 31 July 2009. This savings rates worked out to be 0.44 % per annum.

However, the higher savings rate of 2.50% will be paid as the CPF Act provides for a minimum CPF savings rate of 2.50% per annum.

Thus the CPF savings rates for 1 October 2009 to 31 December 2009 is 2.5% per annum.

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

The Team
Singapore Savings Account Rates.

Sep 3, 2009

Savings Account Rates Promotion

Savings Account Rates Promotion

Singapore Savings Account Rates is holding a Savings Account Rates Promotion. We are promoting our site Singapore Savings Account Rates blogspot.com today this September 2009 in this post.

Do visit Singapore Savings Account Rates for our latest Savings Account Rates Promotion. This savings account promotional blitz for savings account rates is to highlight the various savings account rates that we have collected over the past twelve months on our site.

We bring you the best, the latest and the highest savings account rates of banks and financial institutions in Singapore and their savings account rates promotion.

Keep visiting our site for savings account rates promotion.

Thanks for reading Singapore Savings Account Rates.

The Team
Singapore Savings Account Rates.

Sep 2, 2009

SBI Current & Saving Account Rates

SBI Current & Saving Account Rates (Singapore)

Singapore Savings Account Rates presents State Bank of India (Singapore branch) SBI current and saving account rates this September 2009.

These SBI current and savings account rates in Singapore are for information and not for investing cash or money purpose.

SBI current and savings account rates are correct as at 31 August 2009.

SBI Savings Basic Account Rates:
Up to $1000 = 0.25%
Above $1000 = 0.5%

SBI Savings Special Account Rates:
Up to $1000 = 0.3%
Above $1000 = 0.55%

SBI Check Plus Current Account Rates:
Upto 2000 = 0.3%
Remaining Balance = 0.55%

* SBI Current & Saving Account Rates may be revised without any warning.

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

The Team
Singapore Savings Account Rates.

Sep 1, 2009

Best Savings Account Rates

Best Savings Account Rates (Singapore)

This September 2009, Singapore Savings Account Rates blogspot brings you the summary of the best savings account rates in Singapore in the past few weeks.

The best savings account rates have been discovered in Singapore after sourcing bank savings account rates of banks and financial institutions within the shores of Singapore.

Investors who are citizens, permanent residents and foreigners in Singapore and beyond can now look up the best savings account rates that are currently available now for investing your hard earned cash, to make your money work harder for you.

List of Best Savings Account Rates :

Best Savings Account | Savings Account Rate | Savings Amount Required

CIMB StarSaver account rate = 1.2% for monthly savings amount of S$500 and more

OCBC Monthly Savings Account savings account rate = 1.08% for monthly savings sums above $800-$5000

UOB i-Account savings account rate = 0.80% on fresh funds

Maybank iSavvy savings account rate = 0.75% p.a. for $50,000 and above

Fairprice Plus savings account rate = 0.60% pa for S$50,001 to S$500,000

RBS Millennium Account savings account rate = 0.55% pa for sums above $500,000

State Bank of India savings special account rate = 0.50% pa for sums above $1000

The best savings account rates offered today are subject to change. Investors should verify this list of the best savings account rates before using them, otherwise you invest cash in these financial investments at your own risk.

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

The Team
Singapore Savings Account Rates.

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