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Feb 25, 2010

POSB Double Hong Bao Draw

POSB Double Hong Bao Draw

Singapore Savings Account Rates presents POSB Double Hong Bao Draw this February and March 2010.

What is this POSB Double Hong Bao Draw about? Is it a gimmick where you deposit two hong bao loads of cash into a savings account and get one packet of hong bao stuffed with cash for free?

Find out in this finance post on POSB Double Hong Bao Draw today.

Actually, in this POSB Double Hong Bao Draw that stretches from 1 Feb 2010 to 31 Mar 2010, children 15 years and below and customers aged 50 years and above get a chance to double the amount of money deposited.

Every S$88 deposited into POSBkids Account or POSB Savings Account will earn 1 chance. New account holders will receive 8 (eight) chances.

There are two draws to win this POSB Double Hong Bao Draw.

1) Festive Draw from 1 Feb to 28 Feb = 6 winners will win up to S$688.

2) Grand Draw from 1 Feb to 31 Mar = 16 winners will win up to S$888; plus S$500 if insurance plan purchased.

Terms and conditions apply for this POSB Double Hong Bao Draw.


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.

Feb 23, 2010

DBS CORPORATE CURRENT ACCOUNT

DBS CORPORATE CURRENT ACCOUNT

Singapore Savings Account Rates presents DBS Bank corporate current account rates.

DBS Corporate current account rates are shown for your information. Before you consider investing cash in stocks, shares, bonds, unit trusts or other banking products, ensure that you re-confirm the savings account rates with bank concerned.

DBS corporate current account rates are subject to change without notice at the absolute discretion of bank.


SINGAPORE DBS CORPORATE CURRENT ACCOUNT RATES:

FIRST $100000 = 0.0000
REMAINDER > $100000 = 0.0000

Rates quoted are in % 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.

Feb 22, 2010

Singapore Un-Fixed Deposits

Singapore Un-Fixed Deposits: DBS Bank

You may be asking: what are DBS Singapore Un-fixed Deposits? These DBS Singapore un-fixed deposits refer to the savings accounts of DBS bank (Singapore).

Thus in this finance post of Singapore Savings Account Rates, we present DBS bank Singapore un-fixed deposits and their bank savings account interest rates.

Singapore un-fixed deposits rates are shown for your information. Before you un-fix your cash to invest in Singapore stocks, Singapore shares, Singapore bonds, Singapore unit trusts or other Singapore banking products, ensure that you re-confirm the savings account rates with bank concerned.

DBS BANK SINGAPORE UN-FIXED DEPOSITS (all rates in % p.a.):

DBS SAVINGS PLUS

First $3000= 0.1000
Next $47000= 0.1000
Next $50000= 0.2500
Remaining balance above $100000= 0.2500

DBS AUTOSAVE (PERSONAL)

First $3000= 0.1000
Next $47000= 0.1250
Next $50000= 0.2500
Remaining balance above $100000= 0.3250

DBS AUTOSAVE (NON-PERS)

First $3000= 0.1000
Next $47000= 0.1000
Next $200000= 0.0750
Remaining balance above $250000= 0.0000

DBS bank un-fixed deposits and savings account rates are subject to change without notice at the absolute discretion of bank.

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.

Feb 17, 2010

CPF Rate 2010

CPF Rate 2010

Singapore Savings Account Rates presents the CPF rate this February 2010 of the CPF Ordinary Account now.

Since January 2010, has the CPF rate paid on CPF Ordinary Account changed this February 2010?

CPF rates 2010 are shown for your information. Before you use CPF funds to invest in stocks, shares, bonds, unit trusts or other banking products, make sure that your investment returns exceed CPF Ordinary Account pay out interest rates.

CPF Rate 2010 Ordinary Account = 4.0%


Thanks for reading Singapore Savings Account Rates.

The Team
Singapore Savings Account Rates.

Feb 10, 2010

Compare Savings Deposits Rates Singapore

Compare Savings Deposits Rates Singapore

We are going to compare savings deposits rates in Singapore in today's
Singapore Savings Account Rates finance post this February 2010.

What savings deposits rates (Singapore) are we going to compare in this comparison of bank savings deposits accounts in Singapore? How many bank savings deposit accounts are we using to compare savings deposits Singapore?

At the current moment, we compare savings deposits rates Singapore of the following Singapore banks and their banking accounts of savings deposits. These savings deposits are the savings accounts that regular visitors of Singapore Savings Account Rates blogspot should be familiar by now.

The bank savings deposits rates in Singapore to compare are:

Fairprice Plus savings account = 0.6% (from $50,001 onwards)
Maybank iSavvy account = 0.58%
State Bank India Special savings account = 0.55%
RBS Millennium account = 0.55% (from $500,000 onwards)
Indian Bank Savings account = 0.50%
NTUC Thrift Junior Savings Account = 0.42%

Note that savings deposits rates used for comparison are indicative and are subject to change. Terms and conditions of individual banks apply to receive these savings deposits rates.

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.

Feb 9, 2010

Hong Bao Savings Deposits

Hong Bao Savings Deposits

No doubt Lunar New Year 2010 is around the corner: Can you feel the festive spirit of Chinese New Year? Or are you still shopping around for the best savings account rates or deposits account rates in Singapore in preparation to receive (or to hand out) lots of hong bao money?

In today's finance post on Singapore Savings Account Rates, we are not presenting (or receiving) any hong bao to / from our readers, nor are we mentioning any hong bao savings account rate or hong bao deposits account rates.

This Singapore Savings Account Rates blogspot post is not about the best hong bao savings deposits rates there is, or the best offers in bank savings deposits promotions around this Lunar New Year period.

Instead, we simply ask: After receiving your hong bao money, what do you do with the hong bao money?

(a) spend it
(b) keep it in savings account
(c) keep it in fixed deposits
(d) stuff it inside pillow
(d) where got money?

You can contact us here to submit your answers.

We may collate results and highlight your responses (if any) after the Lunar New Year holidays.


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.

Feb 8, 2010

Bank of East Asia S$ Savings Rates

Bank of East Asia S$ Savings Rates

Singapore Savings Account Rates highlights Bank of East Asia S$ Savings Rates this February 2010.

Before you consider investing cash in savings deposits, fixed deposits, stocks, shares or other banking products, ensure that you verify the savings account rates with bank concerned. Bank of East Asia S$ Savings rates are shown for your information.

Bank of East Asia S$ Savings Rates
Rate in % p.a.
All deposit amounts = 0.1250

Bank of East Asia S$ Savings rates are subject to change without notice at the absolute discretion of the respective bank.

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.

Feb 4, 2010

Hongbao Money Savings Account

Hongbao Money Savings Account

With the Lunar New Year 2010 just around the corner, where are parents going to deposit their child's (or children) Ang Bao or Hongbao money? Do you have a hongbao money savings account for your child (or children)?

A Hongbao Money Savings Account can be a simple passbook savings account, or you could also use a special children savings account to keep all that cash from the red packets this Lunar New Year.

At Singapore Savings Account Rates, we have highlighted several children savings accounts and their children's savings account rates for you.

Check them out if you need a hongbao money savings account.

Click here to read more about children savings accounts.

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.

Feb 3, 2010

Investing In Bank Accounts Part 2

Investing In Bank Accounts Part 2

Singapore Savings Account Rates continues part 2 of the series of articles on 'Investing in Bank Accounts' this February 2010.

The written words are obtained from MoneySense, a national financial education programme.

Investing In Bank Accounts (continue)

3) Safe and convenient

a) Using bank accounts is a safe and convenient way to help you manage your daily cash flow. Your money is safe in a bank account and you have complete control over how to manage your money.

b) You can keep track of your savings and spending transactions, pay bills, make purchases and receive money, such as cash deposits, cheques and direct credits of your salary through your bank account. You can do all these activities either by visiting a bank branch, ATM or kiosks, or transacting through the phone or Internet. Instead of keeping excessive cash on hand, depositing your money in the bank allows you to manage your money better as you are less tempted to spend unnecessarily.

4) Cheque Clearing Process

When someone gives you a cheque, and you deposit it into your account, your bank has to send the image of the cheque to the other bank to collect the amount of the cheque, so that the proceeds can be credited to your account. This process of collecting funds by one bank from another bank is called cheque clearing.

Because of this, when you deposit a cheque into your account before the cheque clearing cut-off time stipulated by the bank, you will only be able to utilise the funds the following day after 2:00pm.

If the cheque is deposited after the cut-off time, the cheque will be considered to be deposited the following working day and funds will only be available the day after.

For further reading on other consumer guides, please log on to the MoneySense website at www.moneysense.gov.sg

Thanks for reading Singapore Savings Account Rates.

The Team
Singapore Savings Account Rates.

Feb 2, 2010

POSB Savings Deposit Rates

POSB Savings Deposit Rates

Looking for the latest highest and best POSB savings deposit rates?

Today, Singapore Savings Account Rates presents POSB Savings Deposit Rates for your perusal.

POSB savings deposits rates are shown for your information. Before you consider investing cash in stocks, shares, bonds, unit trusts or other banking products, ensure that you re-confirm the savings account rates with bank concerned.

POSB Savings Deposit Rates
:
(Rates in % per annum)

POSB PASSCARD

First $3000= 0.1250
Next $47000= 0.1250
Next $50000= 0.2500
Remaining balance above $100000= 0.2500

POSB PASSBOOK

First $3000= 0.1250
Next $47000= 0.1250
Next $50000= 0.2500
Remaining balance above $100000= 0.2500


Savings deposits rates subject to change any time.

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.

Feb 1, 2010

Top Singapore Savings Deposit Interest Rates

Top Singapore Savings Deposit Interest Rates

Singapore Savings Account Rates finance blog obtained the top Singapore savings deposit interest rates from the respective banks in Singapore this February 2010.

In our previous post on the top Singapore savings deposit interest rates, we showed this list of top Singapore savings deposit interest rates:

Fairprice Plus savings account = 0.6% (from $50,001 onwards)
Maybank iSavvy account = 0.58%
State Bank India Special savings account = 0.55%
RBS Millennium account = 0.55% (from $500,000 onwards)
Indian Bank Savings account = 0.50%
UOB i-Account / FlexiDeposit account = 0.45% (from $300,000 onwards)
NTUC Thrift Junior Savings Account = 0.42%

So what are the latest rates this February 2010? Have they changed since our last review? Are the Singapore bank deposit interest rates higher or lower this day in February 2010?


Top Singapore Savings Deposit Interest Rates (Feb 2010):

Fairprice Plus savings account = 0.6% (from $50,001 onwards)
Maybank iSavvy account = 0.58%
State Bank India Special savings account = 0.55%
RBS Millennium account = 0.55% (from $500,000 onwards)
Indian Bank Savings account = 0.50%
NTUC Thrift Junior Savings Account = 0.42%

(UOB i-account rate has been dropped because of the lowered rate.)

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.

Singapore Bank Deposit Interest Rates

Singapore Bank Deposit Interest Rates

To start off February 2010, Singapore Savings Account Rates finance blog is going to share a selected list of top Singapore bank deposit interest rates.

We obtained Singapore bank deposit interest rates from the respective banks in Singapore, however interest rates are subject to change without notice.

You should verify these Singapore bank deposit interest rates after taking note of your unique personal financial position, savings requirement, and tolerance for risk of using savings accounts.

The Singapore bank deposit interest rates are presented below for your financial interest and not for investing purpose.

In our previous post on the top bank deposit interest rates, we showed this list of Singapore bank savings deposit rates:

Fairprice Plus savings account = 0.6% (from $50,001 onwards)
Maybank iSavvy account = 0.58%
State Bank India Special savings account = 0.55%
RBS Millennium account = 0.55% (from $500,000 onwards)
Indian Bank Savings account = 0.50%
UOB i-Account / FlexiDeposit account = 0.45% (from $300,000 onwards)
NTUC Thrift Junior Savings Account = 0.42%

So what are the latest rates this February 2010? Have they changed since our last review? Are the Singapore bank deposit interest rates higher or lower this day in February 2010?

... updates coming soon ...


(Here is the link: Top Singapore savings deposits interest rates.)


Terms and conditions apply to receive Singapore bank savings deposit rates quoted above.


The Team
Singapore Savings Account Rates.

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