Looking for Singapore Bank Savings Interest Rate? Listed below are some of the commonly held savings account.
There are lots of banks in Singapore offering savings account of different interest rates. We made it simpler for you by listing them below for you to compare.
As you can see, the rates being offered now are much competitive than in the past years. Even the fixed deposit rates too!
It is important to do some homework to seek out the one that offers the best interest rate so that you do not lose out on the potential interest which you could have earned. Even though it is not much, it is vital that you choose one that gives you high interest.
Currently OCBC 360, UOB One, Standard Chartered Bonus$aver and BOC SmartSaver gives you higher interest if you meet their multiple requirements for bonus interest.
If you think it is too troublesome to meet the requirements, you still can go for CIMB FastSaver saving account. They offer 1.0% p.a. interest rate for the first $50,000 without any conditions.
Since your money is already sitting in the bank doing nothing, might as well make it work a bit harder by generating more interest.
We will update this page periodically to reflect the changes in savings account interest rate offered by the banks, so bookmark us and visit us often!
Savings Account For Young Adults
CIMB FastSaver gives good 1% p.a. interest on the first S$50,000 without any conditions as long as you maintain a minimum deposit of S$1,000.
CIMB FastSaver Account
CIMB StarSaver (Savings) Account
Savings Account For Working Adults
These savings accounts give even higher interest if you can fulfill some of the criteria. If your company gives salary through GIRO, you can consider these types of accounts.
OCBC 360 Savings Account
UOB One Account
Standard Chartered Bonus$aver Account
BOC SmartSaver Account
Fairly-Easy-to-Achieve Good Interest
Standard Chartered e$aver Account
Maybank iSAVvy Savings Account
OCBC Bonus+ Account
Still Have Money In These?
Plus! Savings Account
POSB/DBS Savings Account
UOB Saving Account
The interest rate offered really differs by quite a bit across different banks. Just choose one of the higher interest rate account and take the time to open that account!
If you have some spare cash, you might want to check out the fixed deposit promotions page too.
Updated For October 2017