Standard Chartered SCB Savings Account Rates

Standard Chartered SCB Savings Account Rates (eSaver account Singapore)

Singapore Savings Account Rates presents new Standard Chartered Bank SCB Savings Account Rates (eSaver account) in Singapore this day in July 2009 for your information.

New Standard Chartered SCB Savings Account Rates for eSaver apply as of 20 July 2009.

Standard Chartered Bank SCB e$aver Savings Account:
Deposit Balance | New interest rates

Less than S$50,000 = 0.30% p.a.

S$50,000 to S$199,999 = 0.40% p.a.

S$200,000 & above = 0.50% p.a.

These savings interest rates are effective from 20 July 2009.

Before planning to invest money in savings account and other financial products, you must verify SCB bank savings account interest rates. Standard Chartered Bank SCB savings account rates are subject to change and may change without notice. You should always read Singapore Savings Account Rates disclaimer before using the information on savings account rates provided here for investing.

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Singaporeans Are Saving More

Singaporeans Are Saving More

High-income Singaporeans (those earning S$7000 monthly) are saving more.

These Singaporeans, besides saving more, are also investing less with the precipitous decline of the global economy according to a Nielsen Company poll.

The study showed that about four in 10 (39%) Singaporeans were saving more of their hard-earned money before the crisis.

But after the collapse of the economy, about half (52%) are saving most of their funds into savings accounts.

A smaller proportion of Singaporeans from this group are putting their money into investments (-7%) and insurance (-6%).

This survey on Singaporeans saving more was conducted in March 2009 to find out how high-income wage earners dispose cash before and after the global economic crisis.

921 Singaporeans aged 18 years and above and earning more than S$7,000 a month were polled.

Are you also one of these Singaporeans saving more during this economic recession?