CIMB FastSaver

[Squaredot]

That’s nice! And SDIC is split evenly, so u r protected up to $150k (if u have no other account)

That's right bro.

 

[ekardo]

0.875%, same as RHB, except RHB up to 100k, BOC up to 80k only.

go for smart saver, 1.25% - 1.45%

 

[saintgtril]

Actually there's one account which is better than CIMB Fastsaver, BOC Supersaver. If you're willing to bear with BOC's archaic ibanking interface.

Hi cassowary18, please share more details.

 

[Assault]

Hi all, I'm looking to open a Fastsaver account. Anyone wants to be a referrer and enjoy the free $10 voucher? Pls PM me!

https://www.cimb.com.sg/en/personal/promotions/latest-promotions/accounts/cimb-casa-referral-programme.html

 

[testingabc]

Hi all, I'm looking to open a Fastsaver account. Anyone wants to be a referrer and enjoy the free $10 voucher? Pls PM me!

https://www.cimb.com.sg/en/personal/promotions/latest-promotions/accounts/cimb-casa-referral-programme.html

Have PM-ed you, thank you~

 

[~sabaisabai~]

go for smart saver, 1.25% - 1.45%

Which bank? Any conditions?

 

[shpesft]

Bank of China. Have conditions but not compulsory to hit all

Which bank? Any conditions?

 

[cassowary18]

Hi cassowary18, please share more details.

https://www.bank-of-china.com/sg/pbservice/pb1/202007/t20200731_18246928.html

 

[Squaredot]

Actually there's one account which is better than CIMB Fastsaver, BOC Supersaver. If you're willing to bear with BOC's archaic ibanking interface.

I find BOC ibanking ok, pretty smooth for me except not receiving sms OTP at times for txn.

 

[saintgtril]

Thanks for sharing this: https://www.bank-of-china.com/sg/pbservice/pb1/202007/t20200731_18246928.html

I can see the interest is tier. Help me with this please
- the interest for $80k? Thanks!

Actually there's one account which is better than CIMB Fastsaver, BOC Supersaver. If you're willing to bear with BOC's archaic ibanking interface.

https://www.bank-of-china.com/sg/pbservice/pb1/202007/t20200731_18246928.html

Hi cassowary18, please share more details.

 

[a4973]

can use this https://www.drcalculator.com/calc/blended.html

 

[peppermint7]

What's the effective rate for 100k?



Sent from Mercedes-Benz E250 using GAGT

0.825% cheers

 

[PC-User]

https://www.bank-of-china.com/sg/pbservice/pb1/202007/t20200731_18246928.html

It states Current Account. How? Any difference from normal online saving accounts?

 

[cassowary18]

It states Current Account. How? Any difference from normal online saving accounts?

Why do you need to care if it's classified as current or savings account? In today's context there's no difference.

 

[wutawa]

It states Current Account. How? Any difference from normal online saving accounts?

Current account may be subjected to overdraft?

 

[peppermint7]

Current account may be subjected to overdraft?

Apart from that, interest for current acc only paid once a year

 

[henrylbh]

Apart from that, interest for current acc only paid once a year

I receive interest monthly for years until my balance dropped below 1k. Then closed the account as nowadays who need cheque.

 

[saintgtril]

https://www.bank-of-china.com/sg/pbservice/pb1/202007/t20200731_18246928.html

can use this https://www.drcalculator.com/calc/blended.html

0.875 pa for $80k.

 

[cassowary18]

Apart from that, interest for current acc only paid once a year

Not necessarily. Depends on T&C of the account. For example, OCBC360 is technically a current account but interest paid out monthly.

 

[peppermint7]

Not necessarily. Depends on T&C of the account. For example, OCBC360 is technically a current account but interest paid out monthly.

Thanks for the info

I guess only those POSB ones with cheque book doesn't pay any interest at all?

For CIMB StarSaver the one Henry mention has to have a min sum of 5k before they pay interest