Get The Best Interest Rates of 1% At Singapore's FairPrice Plus Savings Account

Get The Best Interest Rates of 1% At Singapore's FairPrice Plus Savings Account

Get the best interest of 1% p.a. as interest rate payment on the very first dollar that you deposit into FairPrice Plus Savings Account. As of 20 June 2008, if you have small sums of money to deposit into a savings account in Singapore, this could be the best savings account interest rates deal for you. While the NTUC Thrift may pay more interest, they require you to join as union members with payment of membership fees.

There is no opening deposit required, no monthly service charge and no monthly balance needed to maintain this savings account. Best of all, you make your money work harder by earning interest from the first dollar that you deposit into this account. This account will certainly boost and maximize your savings account interest earnings. Check out the FairPrice Plus Savings Account to take advantage of the prevailing interest rates.

No passbook or bank counter service is issued for Fairprice Plus Savings Account. Thus the savings by the bank are passed to bank customers in the form of higher interest rates payment.

While you may feel that fixed deposits rates are better than savings account rates, bear in mind that there are no fixed period to lock up your money with the attendant penalties for premature withdrawal. With a savings account, you can withdraw cash from your savings account at any time without losing some money from paying penalties. Savings account is suitable for small amounts of say $10 to $10000. If you think you don't need the money urgently, you should consider putting spare cash in a fixed deposit to earn higher interest.

Check out the best interest rate of 1% for your savings account and make your money grow faster. Tags: best interest rates, highest interest rates, best of the best, highest of the highest

posted by Singapore Savings Account Rates blog