Home      Introduction      Latest Bank Rates      Interest Calculator     
The latest on Singapore Savings Account Rates:

Recent Posts

Jun 29, 2015

CIMB StarSaver Account

CIMB StarSaver Account

Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the best, the latest and the most up-to-date 2015 Singapore CIMB StarSaver Account rates in today's post.

CIMB StarSaver Account Features :

Monthly statement for ease of reference.

Enjoy excellent interest rates*

(For accounts opened after 1st September 2010).

Interest Rate | Month-end incremental deposit

CIMB StarSaver Checking and Savings Account

0.8% p.a.** =S$500 or more
0.5% p.a. =Less than S$500

Interest rates* for accounts opened prior to 1st September 2010

Interest Rate | Month-end incremental deposit
CIMB StarSaver

0.9% p.a.** =S$500 or more

0.5% p.a. =Less than S$500

Interest accrued daily and compounded monthly.

Ease of banking anytime, anywhere via CIMB Clicks Internet Banking.

To enjoy 0.8% p.a. on the entire account balance, simply top up the month-end balance of your CIMB StarSaver Account by: maintaining an increasing balance with monthly deposits of a minimum amount; OR placing periodic lump sum deposits that will be automatically converted by CIMB Bank into equal portions for your account.

Whichever way you choose, you can conveniently top up your CIMB StarSaver account via hassle-free Interbank GIRO, mail-in cheque or deposit at our branch

Interest rates quoted on Singapore savings accounts for 2015 are shared with you for personal use only. Always double confirm savings account interest rates with the respective banks before you invest your money.

Savings account interest rates are subject to change without prior notice at discretion of the bank or finance company in 2015. You need to assess the suitability of these financial products for your personal financial portfolio.

Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Jun 22, 2015

Apply For Singapore Savings Bonds

Apply For Singapore Savings Bonds



In the second half of 2015, the Monetary Authority of Singapore (MAS) will announce the exact dates of retail launch of Singapore Savings Bonds for purchase by Singaporeans.

To apply for Singapore savings bonds, you need to prepare the relevant documents and accounts.

In essence, you need two items. These are:

(1) Central Depository (CDP) securities account under your name.

This CDP account must have direct crediting service to a local bank account.

(2) Bank account under your name to purchase Singapore Savings Bonds.

Currently only DBS/POSB, OCBC or UOB bank accounts are accepted by MAS for purchase of Singapore Savings Bonds. More banks may join the scheme at later date.


Once you have these two accounts, you are ready to apply for Singapore savings bonds.

To directly apply for Singapore savings bonds, you can do so in two ways.

(1) visit a participating bank Automated Teller Machine (ATM) and punch the numbers to apply for your savings bonds

OR

(2) perform the bond application via online transaction using participating bank Online Banking service. Currently available only at DBS/POSB bank.



What if you don't have a CDP account? You must get a CDP security account first. The Central Depository Pte Limited ("CDP") is a wholly owned subsidiary of the Singapore Exchange Ltd ("SGX"). The minimum age to get this account is 18 years old.

For Singaporeans residing in Singapore, you can apply for an individual CDP account in the following ways.

(1) Visit CDP or any Broker who is a SGX-ST Member with your original identification documents

OR

(2) Mail in your completed application form, together with supporting documents as listed below to CDP.

Supporting identification documents requested:

•Singapore pink Identification card (NRIC)( Photocopy )
OR
•Singapore Armed Forces ("SAF") Identification card ( Photocopy )
OR
•Singapore Police Force Identification card and passport ( Photocopy )

AND

Original copy or E-statements of ONE of the following, dated within the last 3 months, which cross-references the particulars in the NRIC:

•Bank statement from any Monetary Authority of Singapore (“MAS”) licensed banks

OR
•Central Provident Fund (“CPF”) statement

OR
•Tax return

(Please note that these documents will be retained by CDP)


More information at CDP Customer Service:

Central Depository
9 North Buona Vista Drive
#01-19/20
The Metropolis
Singapore 138588

Operating Hours
•Monday to Friday - 8.30am to 5.00pm
•Saturday - 9.00am to 12.30pm
•Closed on Sundays & Public Holidays



Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Jun 19, 2015

High Interest Singapore Bond Rates

High Interest Singapore Bond Rates

In this 'High Interest Singapore Bond Rates' blogspot post on Singapore Savings Account Rates site, we shall share with our loyal readers a list of high interest Singapore bond rates.

These High Interest Singapore Bond Rates are obtained from Singapore Government Securities (SGS). SGS bonds are the safest bonds out there in the Singapore retail and commercial bond market.

SGS bonds are sold to retail investors in Singapore and are guaranteed by the Singapore Government.

High Interest Singapore Bond rates quoted on Singapore savings accounts for 2015 are shared with you for personal use only. Always double confirm savings account interest rates with the respective banks before you invest your money.

High Interest Singapore Bond Rates are subject to change without prior notice in future in 2015. You need to assess the suitability of these financial products for your personal financial portfolio.

High Interest Singapore Bond Rates from Singapore Government Securities bonds:





Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Jun 18, 2015

2.08% DBS Multiplier Account Rates

2.08% DBS Multiplier Account Rates

Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the best, the latest and the most up-to-date 2015 Singapore savings account rates in today's post.

Our team at Singapore Savings Account Rates works hard to raise your earned interest income from investing in savings accounts in 2015.

Earn up to 2.08%. DBS Multiplier Account rates come with terms and conditions.

Interest rates quoted on Singapore savings accounts for 2015 are shared with you for personal use only. Always double confirm savings account interest rates with the respective banks before you invest your money.

2.08% DBS Multiplier Account Rates Illustration:



Savings account interest rates are subject to change without prior notice at discretion of the bank or finance company in 2015. You need to assess the suitability of these financial products for your personal financial portfolio.

Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Jun 15, 2015

2015 Latest Singapore Savings Account Rates

2015 Latest Singapore Savings Account Rates

Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the best, the latest and the most up-to-date 2015 Latest Singapore Savings Account rates in today's post.

2015 Latest Singapore Savings Account rates quoted on Singapore savings accounts for 2015 are shared with you for personal use only. Always double confirm savings account interest rates with the respective banks before you invest your money.

2015 Latest Singapore Savings Account rates are subject to change without prior notice at discretion of the bank or finance company in 2015. You need to assess the suitability of these financial products for your personal financial portfolio.

2015 Latest Singapore Savings Account Rates:

POSB BANK PASSBOOK / SAVE-AS-YOU-EARN / EVERYDAY SAVINGS / POSBKIDS / WORK PERMIT / POSB PAYROLL / SAVINGS - AF (% p.a.):

First $10,000 =0.05
Next $90,000 =0.05
Next $250,000 =0.05
Next $650,000 =0.075
Remaining balance above $1,000,000 =0.1


OCBC Bank Statement Savings Account:

First S$350,000 =0.05% a year
S$350,001 to S$1,000,000 =0.08% a year
Above S$1,000,000 =0.10% a year


UOB Bank Passbook Savings / Uniplus /Junior Savings / Fun savers/Coin bank account / TX Account (% p.a.):

First S$15,000 =0.05
Next S$85,000 =0.05
Next S$250,000 =0.05
Above S$350,000 =0.1




Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Jun 8, 2015

OCBC Frank Rates

OCBC Frank Rates

Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the OCBC Frank rates in today's post.

OCBC Frank rates quoted on Singapore savings accounts for 2015 are shared with you for personal use only. Always double confirm savings account interest rates with the respective banks before you invest your money.

OCBC Frank rates are subject to change without prior notice at discretion of the bank or finance company in 2015. You need to assess the suitability of these OCBC Frank rates for your personal financial portfolio.

OCBC Frank Rates:

First $10,000 = 0.20%p.a.

$10,001 - $100,000 = 0.30%p.a.

$100,001 - $500,000 = 0.40%p.a.




Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Jun 4, 2015

Savings Bonds

Savings Bonds

Welcome to Singapore Savings Account Rates blogspot dot com where our team will share Savings Bonds details with you.

What are Savings Bonds? What are the main features of Savings Bonds?

Savings Bonds are a special type of Singapore Government Securities (SGS) with features that make them accessible and suitable to individual investors:

Savings Bonds are Principal-guaranteed:
You will always get your investment amount back in full, i.e. no capital losses.

Savings Bonds are Long-term investment:
You can invest for up to 10 years and earn interest that increases over time. The longer you hold your bond, the higher your return.

Savings Bonds have Flexible redemption option:
You don’t have to decide ahead of time how long you want to hold your Savings Bonds for. You can get your funds back within a month, with no penalty.

Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Jun 1, 2015

iSAVvy Savings Plus Account

iSAVvy Savings Plus Account

Welcome to Singapore Savings Account Rates blogspot dot com where our team will share the best, the latest and the most up-to-date 2015 Singapore iSAVvy Savings Plus Account rates in today's post.

iSAVvy Savings Plus Accountc interest rates quoted on Singapore savings accounts for 2015 are shared with you for personal use only. Always double confirm savings account interest rates with the respective banks before you invest your money.

iSAVvy Savings Plus Account:

Daily balance below S$5,000
0.1875% p.a.

Daily balance of S$5,000 to below S$50,000
0.3000% p.a.

Daily balance of S$50,000 and above
0.3800% p.a.

Bonus Interest every 6 months*
1.5600% p.a.

Effective from: 20 May 2015



Savings account interest rates are subject to change without prior notice at discretion of the bank or finance company in 2015. You need to assess the suitability of these financial products for your personal financial portfolio.

Thanks for reading Singapore Savings Account Rates, to stay in touch with the latest, the best and the highest savings account interest rates updates in Singapore.

The Team

Popular Posts

6% p.a. Singapore Retirement Savings Account Rates
----------------------------------------------------
Update: New OCBC 1-Year FD Rates
----------------------------------------------------
UOB Savings Promotion 2017
----------------------------------------------------
Invest in 2.75% Singapore Government Bonds
----------------------------------------------------
Safest Singapore Fixed Deposit Rate
----------------------------------------------------
BOC Fixed Deposit Promotion Rates
----------------------------------------------------
No hurdle 1.35% iSavings Account
----------------------------------------------------
Maybank iSavvy Savings Rate Update June-Aug 2017
----------------------------------------------------
New SCB Fixed Deposit Update June 2017