Banks Cut Deposits Interest Rates Page 1
A copy of The Straits Times published on 3 March 2009:
With the drop in interest rates in Singapore, investors looking for good-value investments should not park too much money in savings accounts. Investors should look for high yield investments elsewhere for investing.
Thank you for reading Singapore Savings Account Rates.
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Mar 4, 2009
Mar 3, 2009
Sg Savings Deposit Interest Rates
Sg Savings Deposit Interest Rates
For Month of March 2009
Summary: Some adjustments in Singapore bank savings deposit interest rates have taken place in March since our last update. Note changes in POSB, DBS and Maybank savings interest rates.
We present a summary of the current latest selected Singapore bank savings interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS as in the table above.
Thank you for reading our comparison of current latest Singapore Bank savings deposit interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS for the month of March 2009.
For Month of March 2009
Sg Savings Deposit Interest Rates | ||
Savings Deposit Account | Amount in Sing $ | Rate % Per Annum |
POSB Passbook Savings | First $3000 | 0.25 |
Next $47000 | 0.250 | |
Next $50000 | 0.325 | |
Above $100000 | 0.400 | |
DBS Autosave (Per) Savings | First $3000 | 0.125 |
Next $47000 | 0.175 | |
Next $50000 | 0.325 | |
Above $100000 | 0.40 | |
OCBC Savings Debit Account | First $10000 | 0.25 |
$10001 - $50000 | 0.35 | |
$50001 - 250000 | 0.40 | |
More than $250K | 0.65 | |
UOB FlexiDeposit Account | First $15000 | 0.35 |
Next $85000 | 0.45 | |
Next $200K | 0.65 | |
Above $300K | 0.75 | |
Maybank iSavvy Savings | < $5000 | 0.25 |
$5K -less than $50K | 0.50 | |
$50K and more | 0.75 | |
HSBC Premier Savings | First $4999.99 | 0.15 |
$5K - $14999.99 | 0.20 | |
$15K - $49999.99 | 0.30 | |
$50K-less than $100K | 0.375 | |
$100K and more | 0.425 | |
Hong Leong Finance Savings | $500 - $49999 | 0.25 |
$50K - $2 million | 0.375 | |
Citibank Maxisave Account | From $10000 & more | 0.15 |
RBS Millennium Savings | First $10000 | 0.0 |
Next $40000 | 0.125 | |
Above $50000 | 0.150 | |
Savings rates subject to change without prior notice. |
Summary: Some adjustments in Singapore bank savings deposit interest rates have taken place in March since our last update. Note changes in POSB, DBS and Maybank savings interest rates.
We present a summary of the current latest selected Singapore bank savings interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS as in the table above.
Thank you for reading our comparison of current latest Singapore Bank savings deposit interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS for the month of March 2009.
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