Hey All,
Can anyone give me advice on where to save money? Is there any similar savings banks like ING, Northern Rock etc.
Thanks
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Where to save money?
Re: Where to save money?
Most banks offer very lousy interest rates here in Singapore, even for term deposits.Lyndan wrote:Hey All,
Can anyone give me advice on where to save money? Is there any similar savings banks like ING, Northern Rock etc.
Thanks
I'd be interested to find a higher interest account as well if anyone knows of any
My St George bank acc in Aust offers me 4% with no minimum balance, up to 5.25% as my savings grows with no annual fees.
The choice of currencies depend on the individual risks and do they need that currencies... No doubt NZD gives a higher interest, but it has a higher volatility too... If the investors is very conservative and do not require the usage of NZD at all, then it will not be wise to invest in NZD.
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I am not driving fast - I am just flying low...
I am not driving fast - I am just flying low...
IDR account?
can you more details on IDR accounts? where would I be able to apply for one?
S$ depos are all relatively low interest given rates are so low. Having a sniff around, there are the following offers:
Standard Chartered e$aver - 1.5% up to S$50k, 2.0% over that
Maybank "iSavvy" - 1.68% $5k - S$50k, 1.98% over that
HSBC has a multicurrency account which pays 2.0% under S$50k, and 2.28% over that
All these rates are subject to change so you should suss out the banks' websites.
Standard Chartered e$aver - 1.5% up to S$50k, 2.0% over that
Maybank "iSavvy" - 1.68% $5k - S$50k, 1.98% over that
HSBC has a multicurrency account which pays 2.0% under S$50k, and 2.28% over that
All these rates are subject to change so you should suss out the banks' websites.
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