1.5% p.a. POSB Savings Account Promotion

1.5% p.a. POSB Savings Account Promotion

We present Singapore 1.5% p.a. POSB Savings Account Promotion savings rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

1.5% p.a. POSB Savings Account Promotion Example Of Earnings:

Customer A registers for 1.5% p.a. POSB Savings Account Promotion via online through DBS’ website during the 1.5% p.a. POSB Savings Account Promotion Period and successfully top-up a lump-sum of SGD 20,000 to a CASA by 31 December 2014.

Cash Gift earned by 1.5% p.a. POSB Savings Account Promotion Customer A under the Promotion as follow:

SGD 20,000*1.5%p.a.*181/365 days = SGD 148.77

Note: 6 months period is from 1 January 2015 to 30 June 2015 = 181 days

1.5% p.a. POSB Savings Account Promotion “CASA” refers to such account(s) which Customers may have with DBS/POSB whether alone or jointly with any other person(s) and include savings account, current account and any other accounts which DBS Bank Ltd (“DBS”) may introduce from time to time excluding Settlement, Fixed Deposit and Corporate Accounts.
How to qualify for 1.5% p.a. POSB Savings Account Promotion :

1.Register online by 22 Dec 2014.
2.Complete a one-time top-up by 31 Dec 2014.
3.Maintain top-up amount for 6 months.

*The 1.5% p.a. POSB Savings Account Promotion period shall be from 18 November 2014 to 22 December 2014, both dates inclusive (“Promotion Period”).

To participate in the 1.5% p.a. POSB Savings Account Promotion, Customers must (i) complete the online registration form during the Promotion Period; and (ii) deposit a single sum of between SGD 1,000 and SGD 20,000 (in multiples of SGD 1,000) to their CASA Account by 31 December 2014.

Where there are multiple registration submissions for 1.5% p.a. POSB Savings Account Promotion, the latest entry duly completed by the Customer will be used to qualify for this Promotion. The deposit must be made using funds from non-DBS/POSB accounts (“Fresh Funds Deposit”).

1.5% p.a. POSB Savings Account Promotion participants will be disqualified from the Promotion if transfers are made from any DBS/POSB account in any mode to the CASA Account.

Qualifying 1.5% p.a. POSB Savings Account Promotion Customers will receive a lump-sum Cash Gift of 1.5% p.a. on the Fresh Funds Deposit for 6 months (“Cash Gift”) and the Cash Gift will be credited to their designated account by 30 June 2015.

Each 1.5% p.a. POSB Savings Account Promotion Qualifying Customer will receive a maximum of one (1) Cash Gift for the Fresh Funds Deposit.

*Fresh Funds Deposit means funds transferred from non-DBS/POSB accounts, through cheque(s), cashier’s order(s), demand draft(s), cash deposits, FAST credit (Fresh Funds Deposit that is more than SGD 10,000 via FAST, more than one (1) FAST credit is allowed) and MEPS receipt. These exclude any funds from any DBS/POSB account and funds deposited via any DBS/POSB cheque(s), DBS/POSB cashier’s order(s), or DBS/POSB demand draft(s).

The Team

Singapore Savings Account Rates.

POSB 1.5% pa Savings Account Rates

POSB 1.5% pa Savings Account Rates

1.5% p.a. when you top-up your savings account.

Check out the best 5% p.a. interest rates available in Singapore: click here.

We share good news on POSB 1.5% pa Savings Account Rates specials today in 2014.

How to qualify for POSB 1.5% pa Savings Account Rates :

Top-up your savings account by 31 August 2014 to get POSB 1.5% pa Savings Account Rates.

Register for the promotion by 31 August 2014.

Maintain the total top-up amount till 30 November 2014.

The top-up amount to POSB/DBS savings/current account must be between S$1,000 and S$10,000 per customer, per registration. For joint accounts, the total top-up amount will be determined by the number of joint account holders who register for the promotion.

The definition of top-up amount refers to funds transferred from outside of POSB/DBS, through all cheque(s), cashier's order(s), demand draft(s), cash, FAST credit and MEPS receipt. These exclude any funds from any POSB/DBS account and funds deposited via any POSB/DBS cheque(s), POSB/DBS cashier's order(s), or POSB/DBS demand draft(s). For full set of terms and conditions, please click here.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Minimum Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

Rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

2014 POSB Savings Account Promotion

2014 POSB Savings Account Promotion

We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

2014 POSB Savings Account Promotion Details:

POSB eMySavings Account 2014 (eMSA 2014) lets you save monthly in a hassle-free way and earn interest of up to 2.014% p.a.*!

Product Benefits

-Automatically save a sum of your savings each month
-Flexibility to change the amount and debiting date
-Check your account and your eStatements anytime, anywhere via iBanking.


Here's how eMSA 2014 works:

Base interest = 0.25%p.a.

Top-Up interest = 1.764%p.a.

(on incremental daily balance)




Each month, your savings will be automatically credited to eMSA 2014 based on your monthly savings arrangement which comprises:

The amount you wish to save monthly, from S$1,000 to S$3,000 (in multiplies of S$10)

The date to save (between 1st and 25th of each month)

Whenever you have extra funds (eg, bonus payout), you can top-up your eMSA 2014 to enjoy top-up interest and build your savings faster.


*The base interest is computed based on each day-end balance and will be credited at the end of each month. The base interest rate will be reduced to 0.01% p.a. if there is an unsuccessful credit of your monthly savings amount, withdrawal or account closure in the month.

The top-up interest will be earned between January and December 2014, and is computed based on incremental average daily balance which is subjected to minimum of S$1,000 and maximum of S$30,000.

It will be credited by the 5th calendar of each month. Average daily balance is derived from the summation of each day-end balance divided by number of calendar days in the month.

Only personal account is allowed. Each customer is entitled to one account only.

Promotion ends 31 March 2014. Product terms and conditions apply.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.