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Jun 12, 2008

POSB Passbook Interest Rates

For accuracy, check details over here.

Many of the residential population of Singapore grew up with POSB Bank since we were young boys and girls. Through the years, we banked with them and got used to the POSB girls. From National Service days, we were required to open bank accounts with POSB. When we started work in the civil service, we had to submit our POSB account numbers to get our pay. Over the years, we link GIRO payments here and there. Before we realized, it got too complicated to terminate the links and close the account.

Enough of sentimental musing. In these days of a profit-driven economy, we should also start maximising our earnings from our hard earned savings. As a start, we should be aware of POSB has to offer.

Over the coming months, we shall update you, our dear readers, on the various interest rates offered for savings accounts in Singapore. Whenever there are promotions, we shall endeavour to update you as soon as possible.

We have no direct financial links with any bank or financial institution in Singapore, except as an individual banking customer like you. We are doing what everyone does: to obtain information on savings account interest rates in Singapore and comparing the rates. We take it a step further by publishing the information on the world wide web in an easy-to-read blog.

Before you get too excited about what a wonderful free service this is, we will say this only once. We disclaim all liabilities for acts of omission or commission. You read and use the information presented in this blog at your own risk. You are advised to seek financial advice for your own protection. In a nutshell, if the zero in the interest rate quote is in the wrong place, don't blame us if you lose money!

If you are still interested to know more about the savings account rates in Singapore, to learn where to earn an extra dollar or two for your hard-earned cash, to learn how to maximize interest payments and much more, book mark our blog now and return for more updates.

Get more money on your savings account in Singapore!

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