POSB Double Hong Bao Draw

POSB Double Hong Bao Draw

Singapore Savings Account Rates presents POSB Double Hong Bao Draw this February and March 2010.

What is this POSB Double Hong Bao Draw about? Is it a gimmick where you deposit two hong bao loads of cash into a savings account and get one packet of hong bao stuffed with cash for free?

Find out in this finance post on POSB Double Hong Bao Draw today.

Actually, in this POSB Double Hong Bao Draw that stretches from 1 Feb 2010 to 31 Mar 2010, children 15 years and below and customers aged 50 years and above get a chance to double the amount of money deposited.

Every S$88 deposited into POSBkids Account or POSB Savings Account will earn 1 chance. New account holders will receive 8 (eight) chances.

There are two draws to win this POSB Double Hong Bao Draw.

1) Festive Draw from 1 Feb to 28 Feb = 6 winners will win up to S$688.

2) Grand Draw from 1 Feb to 31 Mar = 16 winners will win up to S$888; plus S$500 if insurance plan purchased.

Terms and conditions apply for this POSB Double Hong Bao Draw.


Thanks for reading Singapore Savings Account Rates, where we bring you the latest and best selected Singapore savings account rates.

The Team
Singapore Savings Account Rates.

Hong Bao Savings Deposits

Hong Bao Savings Deposits

No doubt Lunar New Year 2010 is around the corner: Can you feel the festive spirit of Chinese New Year? Or are you still shopping around for the best savings account rates or deposits account rates in Singapore in preparation to receive (or to hand out) lots of hong bao money?

In today's finance post on Singapore Savings Account Rates, we are not presenting (or receiving) any hong bao to / from our readers, nor are we mentioning any hong bao savings account rate or hong bao deposits account rates.

This Singapore Savings Account Rates blogspot post is not about the best hong bao savings deposits rates there is, or the best offers in bank savings deposits promotions around this Lunar New Year period.

Instead, we simply ask: After receiving your hong bao money, what do you do with the hong bao money?

(a) spend it
(b) keep it in savings account
(c) keep it in fixed deposits
(d) stuff it inside pillow
(d) where got money?

You can contact us here to submit your answers.

We may collate results and highlight your responses (if any) after the Lunar New Year holidays.


Thanks for reading Singapore Savings Account Rates, where we bring you the latest and best selected Singapore savings account rates.

The Team
Singapore Savings Account Rates.

Hongbao Money Savings Account

Hongbao Money Savings Account

With the Lunar New Year 2010 just around the corner, where are parents going to deposit their child's (or children) Ang Bao or Hongbao money? Do you have a hongbao money savings account for your child (or children)?

A Hongbao Money Savings Account can be a simple passbook savings account, or you could also use a special children savings account to keep all that cash from the red packets this Lunar New Year.

At Singapore Savings Account Rates, we have highlighted several children savings accounts and their children's savings account rates for you.

Check them out if you need a hongbao money savings account.

Click here to read more about children savings accounts.

Thanks for reading Singapore Savings Account Rates, where we bring you the latest and best selected Singapore savings account rates.

The Team
Singapore Savings Account Rates.