Update on NTUC Thrift Interest Rates

NTUC Thrift Savings Account

NTUC Thrift interest rates used to be 2% or more(see NTUC Thrift post).

Now the best that you may get is 1.5% p.a. interest rates on the NTUC Thrift savings account when you save with a monthly savings plan via GIRO. To receive this high rate,you have to put additional savings into the NTUC Thrift savings account.

If you prefer not to contribute additional savings, you can open the NTUC Thrift Flexi-save account.

However, the interest rate offered will be lower at 0.6% pa.

Other conditions apply to NTUC Thrift savings account:

• You must be a Thrift member
• Initial deposit required: min $20 and max $1,000.
• Monthly savings by GIRO only : min $20 and max $1,000

Thank you for reading Singapore Savings Account rates.

RHB Bank Junior Banker Account Rates, Singapore

RHB Bank Junior Banker Account Rates, Singapore

In Singapore, RHB Bank was first established in 1961 as UMBC (United Malayan Banking Corporation Berhad). Through a series of rapid expansion and strategic mergers, RHB Bank Singapore emerged in 1999.

RHB Singapore is a full-licensed bank with a network of 7 branches situated strategically in various locations. The main office is located at 90 Cecil Street, #03-00 RHB Bank Building, Singapore 069531.

RHB Bank branches are at Bukit Merah, Upper Serangoon, Katong, Bukit Timah, Cecil, Geylang and Jalan Besar.

RHB Bank Singapore provides comprehensive range of financial products and services to both corporate and consumer clients, including Junior Banker savings accounts and other deposits accounts.

RHB Junior Banker Account interest rates are:

less than $10000 = 0.48% p.a.
$10000 to $49999 = 0.58% p.a.
$50000 and more = 0.78% p.a.

Note than RHB Junior Banker Account rates are subject to change without notice.

Thank you for reading Singapore Savings Account Rates.