Wondering how much interest you are getting from your savings account per month?
If you are still depositing your cash into the old-school savings account like POSB, your $10,000 could earn you only S$0.40 per month.
But if you deposit the same $10,000 into high-interest savings account like CIMB FastSaver, you will be getting S$8 per month instead.
That’s about 20 times difference!
You can use this simple Savings Account Interest Calculator to calculate the potential amount of interest earned.
Check out this article for Savings Account Interest Rate.
How To Use?
- Account Balance: Enter your account balance.
- Interest Rate: Enter the current interest rate.
Hope this calculator is useful for you!