Home      Introduction      Latest Bank Rates      Interest Calculator     

Consent To Cookie Use

With respect to EU Cookie Law, we use cookies on our site. Your continued use of our site indicates your complete acceptance of its use.

Jan 30, 2017

POSB Savings Account Pays 0.933% Interest in 6 Months

POSB Savings Account Pays 0.933% Interest in 6 Months

There is no typo error in this "POSB Savings Account Pays 0.933% Interest in 6 Months" post.

With POSB bank branches well distributed throughout the neighbourhoods of Singapore, potential new customers of POSB (Singapore) should read on for more details.

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.

The Promotion period is from 11 January 2017 to 28 February 2017 (“Promotion Period”).

POSB Customers who qualify for the Promotion, by fulfilling the criteria (A) or (B) as set out below, shall be entitled to a prosperous S$28 Hong Bao (“Cash Gift”).

(a) Open a new deposit account (“Deposit Account”) or an eMySavings/SAYE Account (“eMSA/SAYE Account”) via online means.

(b) Deposit $3000 cash and keep it there for 6 months.

Total returns? With $3000 deposit, you get paid $28. That's 0.933% return. In 6 months.

The usual interest earned in eMSA / SAYE account is only up to 0.25% p.a.

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

No comments:

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