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

Recent Posts

Aug 28, 2017

POSB Savings Account Promotion

POSB Savings Account Promotion

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.



See also:

Safest Singapore Fixed Deposit Rate

BOC Fixed Deposit Promotion Rates

No hurdle 1.35% iSavings Account

Singapura Blue Sky Savers update

5% Savings Account For Kids

FD Promo: SING Investments & Finance

Standard Chartered 11-month FD Promo

For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 21, 2017

DBS Fixed Deposit Promotion

DBS Fixed Deposit Promotion

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.

DBS Fixed Deposit Promotion


See also:

Safest Singapore Fixed Deposit Rate

BOC Fixed Deposit Promotion Rates

No hurdle 1.35% iSavings Account

Singapura Blue Sky Savers update

Rates quoted in 2017 on Singapore savings accounts rates are meant for personal use only. You are advised to check interest rates with the respective banks and/or fixed income investment companies before investing.

All 2017 interest rates are subject to change without prior notice at discretion of the bank or fixed income investment company. Promotional interest rates expire at dates fixed by respective banks. Please check with respective banks for details.

For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 16, 2017

State Bank of India Singapore CheckPlus Account Rates

State Bank of India Singapore CheckPlus Account Rates

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.

Rates quoted in 2017 on Singapore savings accounts rates are meant for personal use only. You are advised to check interest rates with the respective banks and/or fixed income investment companies before investing.

State Bank of India Singapore CheckPlus Account Rates:


See also:
HSBC Fixed Deposit Promotion

National Day Savings Promotion 2017

July 2017 Fixed Deposit Promotions

Highest Hybrid Singapore Savings Accounts 2017

High Yield Savings Accounts 2017

All 2017 interest rates are subject to change without prior notice at discretion of the bank or fixed income investment company. Promotional interest rates expire at dates fixed by respective banks. Please check with respective banks for details.

For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 14, 2017

Compare Bank Interest Rates

Compare Bank Interest Rates of 2016

How much interest did banks and financial institutions pay to savings and fixed deposit account holders for 2016? We summarize the interest rates for your perusal today.

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.


You can see that interest rates were unchanged from Jan 2016 till December 2016. These rates do not take into consideration occasional promotions run by the banks from time to time.

Lessons learned from this observation?

(1) Finance companies pay marginally higher interest than banks. Switch from banks to finance companies for slightly better rates.

(2) If you want to earn better savings account and fixed deposit interests, you need to catch savings and deposit promotions occasionally unleashed by banks.

(3) If you want even higher rates than the pathetic rates from banks' / finance companies' savings and deposits accounts, take your money out and invest them elsewhere.

We can recommend two investment products that earn better rates AND are even safer investments than bank savings accounts.

What are they? Singapore Savings Bonds and T-bills / bonds of Singapore Government Securities (SGS).

Our site has updates on these safe investments from time to time. Do stay with us!

See also:

Safest Singapore Fixed Deposit Rate

BOC Fixed Deposit Promotion Rates

No hurdle 1.35% iSavings Account

Singapura Blue Sky Savers update

5% Savings Account For Kids

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 10, 2017

Did Your Savings Beat Core Inflation of 0.9% in 2016

Did Your Savings Beat Core Inflation of 0.9% in 2016

The MAS Core Inflation for 2016 was published as 0.9%. Detailed CPI statistics can be found in the Department of Statistics’ release on “Singapore Consumer Price Index for December 2016 and Year 2016”


Core inflation reflects the change in prices of goods and services consumed by savers. When inflation rose in 2016, the value of your money dropped.

To some savers who aim to stay abreast of inflation increases, they should aim for their investment returns to at least match the inflation rate rise.

So did your savings beat Core Inflation of 0.9% in 2016?

Savings account and fixed deposit returns are hardly ideal places for interest returns to beat inflation.

Non-promotional interest rates of savings and deposits accounts in 2016 (except a rare few) did not exceed 0.9% return.

Remember: savings accounts and fixed deposits are meant to be safe havens to park your money temporarily. So that you can achieve sounder sleep, without having to hide them under your pillow. (Reminder: Great Financial Crisis of 2008) At least for the first $50000 placed in each insured bank / financial institution.

Once you source out a better financial investment that can potential earn a higher return (that beats inflation at least), you take out the savings and fixed deposits for deployment.

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.

See also:

Safest Singapore Fixed Deposit Rate

BOC Fixed Deposit Promotion Rates

No hurdle 1.35% iSavings Account

Singapura Blue Sky Savers update

5% Savings Account For Kids

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 8, 2017

ICBC Singapore Fixed Deposit Rates

ICBC Singapore Fixed Deposit Rates

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.

Rates quoted in 2017 on Singapore savings accounts rates are meant for personal use only. You are advised to check interest rates with the respective banks and/or fixed income investment companies before investing.

All 2017 interest rates are subject to change without prior notice at discretion of the bank or fixed income investment company. Promotional interest rates expire at dates fixed by respective banks. Please check with respective banks for details.

ICBC Singapore Fixed Deposit Rates :



12month Fixed Deposit Rates:

20K to <200K = 1.25% p.a.
200K and more= 1.30% p.a.

See These Too:
National Day Savings Promotion 2017

July 2017 Fixed Deposit Promotions

Highest Hybrid Singapore Savings Accounts 2017

High Yield Savings Accounts 2017

Safest Singapore Fixed Deposit Rate *Popular Post*


For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 7, 2017

Maybank FlexiBiz Account Rates

Maybank FlexiBiz Account Rates

We share update on Maybank FlexiBiz Account Rates. It is a corporate current account that pays interest.

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.


Maybank FlexiBiz Account Rates = 0.038% per annum.

FlexiBiz Account is an interest-bearing current account that gives you the flexibility of managing your company funds without the need to maintain a minimum account balance, plus up to 0.038% p.a. interest on your account balance.

In addition, you can now use Business Internet Banking (BIB) to manage your company's daily financial needs via Maybank2u.com.sg and enjoy instant fund transfer via FAST at only S$1 per transaction.

Key info

-No minimum balance requirement
-Tiered interest rate
-Minimum initial deposit of S$1,000


Rates quoted in 2017 on Singapore savings accounts rates are meant for personal use only. You are advised to check interest rates with the respective banks and/or fixed income investment companies before investing.

See also:
National Day Savings Promotion 2017

Maybank iSavvy Savings Rate Update June-Aug 2017

Highest Hybrid Singapore Savings Accounts 2017

New SCB Fixed Deposit Update June 2017

Safest Singapore Fixed Deposit Rate

BOC Fixed Deposit Promotion Rates

No hurdle 1.35% iSavings Account

Singapura Blue Sky Savers update

5% Savings Account For Kids

All 2017 interest rates are subject to change without prior notice at discretion of the bank or fixed income investment company. Promotional interest rates expire at dates fixed by respective banks. Please check with respective banks for details.

For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 3, 2017

ICBC Singapore Savings Account Rates

ICBC Singapore Savings Account Rates

Singapore Savings Account Rates blogspot dot com presents new update on savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.

Rates quoted in 2017 on Singapore savings accounts rates are meant for personal use only. You are advised to check interest rates with the respective banks and/or fixed income investment companies before investing.

ICBC Singapore Regular Savings Account Rates:



All 2017 interest rates are subject to change without prior notice at discretion of the bank or fixed income investment company. Promotional interest rates expire at dates fixed by respective banks. Please check with respective banks for details.

See These Also:
National Day Savings Promotion 2017

July 2017 Fixed Deposit Promotions

Highest Hybrid Singapore Savings Accounts 2017

High Yield Savings Accounts 2017

Safest Singapore Fixed Deposit Rate *Popular Post*


For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 2, 2017

SCB eSaver Savings Promotion

SCB eSaver Savings Promotion (Aug - Sep 2017)

Singapore Savings Account Rates blogspot dot com presents new update on Standard Chartered Bank eSaver savings accounts in Singapore today.



Rates quoted in 2017 on Singapore savings accounts rates are meant for personal use only. You are advised to check interest rates with the respective banks and/or fixed income investment companies before investing.

This e$aver Bonus Interest (1 August 2017 to 30 September 2017) Promotion (“Promotion”) is available for all e$aver, e$aver Kids! and World Partner Savings account(s) (“Qualifying Account(s)”) opened with Standard Chartered Bank (Singapore) Limited (the “Bank”).

See also:
HSBC Fixed Deposit Promotion

National Day Savings Promotion 2017

July 2017 Fixed Deposit Promotions

Highest Hybrid Singapore Savings Accounts 2017

High Yield Savings Accounts 2017

In addition to prevailing interest (“Prevailing Interest”) earned on your entire deposit balance in the Qualifying Account (“Deposit Balance”), you may earn bonus interest of 0.95% p.a. (“Bonus Interest”) on your eligible Incremental Balance (as defined below) if you deposit fresh funds* such that the Average Daily Balance (“ADB”) in the Qualifying Account for any calendar month during the Promotion Period is higher than the ADB for July 2017 (“Comparison Month”).

In this scenario, you will earn Bonus Interest on the difference between the ADBs (“Incremental Balance”). If the Incremental Balance in the same scenario is equal to or lower than the Comparison Month, you will only earn Prevailing Interest on the Deposit Balance.

Incremental Balance eligible for Bonus Interest is capped at S$1,000,000 per Qualifying Account. When the Promotion Period ends, you will continue to earn Prevailing Interest. Terms and conditions apply.

Thanks for reading Singapore Savings Account Rates.

The Team

Aug 1, 2017

Non-Fixed Deposit Savings Accounts That Pay 2% and More

Non-Fixed Deposit Savings Accounts That Pay 2% and More

Singapore Savings Account Rates blogspot dot com presents new update on non-fixed deposit savings and other banking accounts in Singapore today.

Singapore Savings Account Rates helps you to boost interest income from savings accounts, savings bonds and other financial retail investments in Singapore.

Non-Fixed Deposit Savings Accounts 2017 :

(1) DBS Multiplier Account: interest up to 2.68% p.a. on first $50,000.

You fulfil one or more of 5 transaction categories: salary credit, credit card spend, home loan instalments, insurance and investments.


(2) OCBC 360 Account: bonus interest on first $70,000.

You fulfil one or more transaction categories: credit salary (1.2% pa) , pay bills (0.3%pa), spend (0.3%pa), insure or invest (1.2%pa), save (1%pa).


(3) UOB One Account: up to 3.33% p.a. interest. Bonus interest on first $50,000.

You fulfil one or more transaction categories: credit card, salary credit.


We limit ourselves to the 3 local banks for now. We shall provide more updates later as other banks introduce new promotions.

See also:
National Day Savings Promotion 2017

High Yield Savings Accounts 2017

July 2017 Fixed Deposit Promotions

Maybank iSavvy Savings Rate Update 2017

New SCB Fixed Deposit Update 2017


Thanks for reading Singapore Savings Account Rates.

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