Saving Accounts for Self-employed

[Shutterfly]

For those who are self-employed, we are unable to take advantage of the higher interest from some banks such as OCBC 360, DBS Multiplier due to no "Salary Credit". What are some safe ways to maximise our savings? At the moment, I only know of 3.

- CIMB Fast Saver
- CitiBank MaxiGain
- SingLife

Please share. Thanks!

 

[crystalnox]

Standard Chartered SuperSalary
No need for specific salary credit, just fast or giro in 1.5k a month.

Edit: Oh but I'm not sure if you can just sign up like that or you need to be working for a company on record. I've only seen them promoting it at corporate roadshows.

 

[Fishdim]

UOB One does not need salary credit. Multiplier does not need salary credit now, can be replaced with dividend credit.

 

[wutawa]

I tink u saw my table right? Hehe

 

[testingabc]

I think CIMB Starsaver or CIMB Fastsaver most suitable for a start. You can PM me if needs referral

 

[Shutterfly]

UOB One does not need salary credit. Multiplier does not need salary credit now, can be replaced with dividend credit.

For dividend credit, you need to buy stock via them?

 

[Shutterfly]

I think CIMB Starsaver or CIMB Fastsaver most suitable for a start. You can PM me if needs referral

Already have the FastSaver. Thanks!

 

[reddevil0728]

For dividend credit, you need to buy stock via them?

as long as it comes from CDP it's fine

 

[Shutterfly]

as long as it comes from CDP it's fine

OK. I will check it out. Thanks!

 

[Shutterfly]

I tink u saw my table right? Hehe

Can share here also? Thanks.

 

[wutawa]

Can share here also? Thanks.

Esaver int gonna change soon.

As mentioned, u can "cheat" the salary requirement for scb supersalary and dbs multiplier. Scb jumpstart also good if u 26yo or younger.

 

[cassowary18]

Singlife or UOB One