Top interest rates in Singapore for Aug 2023 from SCB, DBS, UOB, OCBC

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Top interest rates in Singapore for Aug 2023 from SCB, DBS, UOB, OCBC
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Here are four savings accounts that will spark the highest interest rates for you in 2023

SINGAPORE: Discover the top four banks of S’pore with the highest interest rates to get the most out of your hard-earned cash. As interest rates skyrocket due to inflation, it brings out the negatives in the stock market.

The first two options below cater to individuals seeking savings accounts with no required initial deposit.The catch to maximizing the SCB Bonu$aver Account is maintaining a $3000 daily balance. This eliminates the $5 monthly charge when falling below the said amount.Conditions: Credit salary through GIRO, pay bills online/through GIRO, spend on Bonus$aver Credit or Debit Card, invest with a Unit Trust, and be insured with a regular premium insurance policy.

It’s important to note that the interest rates and promotions mentioned can change over time, so it’s a good idea to double-check with the respective banks for the most up-to-date information before making a decision.

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