Singapore Savings Account Rates

Nov 6, 2017

Deposits That Bettered Last Year's Inflation of 0.9%

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.

Hardly any of the run-of-the-mill savings accounts in Singapore beat last year's core inflation rise of 0.9%.

Plain vanilla bank fixed deposits accounts of 2016 also fared poorly if you remove those opportunistic promotional rates.

Some SGS 1-Year Treasury Bills and 2-Year Bonds appeared to have paid higher rates than 0.9%.

Did your deposits bettered last year's inflation of 0.9%?

See also:

Safest Singapore Fixed Deposit Rate

2% Singapore Savings Account Promo Rate

BOC Fixed Deposit Promotion Rates

No hurdle 1.35% iSavings Account *Popular Post*

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The Team

Singapore Savings Account Rates.

Nov 2, 2017

UOB Junior Savings Account

UOB Junior Savings Account:

Fees:

-A S$2 minimum balance fee will be charged if your average daily balance for the month falls below S$500

Requirements:

-Must be opened as a joint account with the parent / legal guardian
-Your child must be 16 years old or below
-Minimum initial deposit of S$500
-Singapore Citizens, Singapore Permanent Residents and Foreigners are eligible

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.

For you own protection, perform due diligence to assess the suitability of these financial products for your personal financial circumstance.