OCBC Al Wadiah Monthly Savings Account Rates

OCBC Al Wadiah Monthly Savings Account Rates

We present details of OCBC Al Wadiah Monthly Savings Account Rates.

Benefits of OCBC Al Wadiah Monthly Saving Account:

Potential to earn 4x higher hibah than a usual savings or current account

Receive the full principal sum plus potential hibah in case of early withdrawal

Short 24 months savings period

Fixed monthly savings amount of as low as S$100 (S$50 via mail-in application)

No monthly account fees


Eligibility OCBC Al Wadiah Monthly Savings Account:

Individuals aged 5 years old and above

For individual less than 18 years old, a trust account will be opened with parent(s)/guardian(s) who must be at least 21 years old

Minimum monthly savings of S$100 (S$50 via mail-in application) and in incremental multiples of S$10, and maximum is S$5,000

The OCBC Al Wadiah monthly savings account indicative rates are shown in this table.

Keep reading Singapore Savings Account Rates syariah-complaint accounts.

Indian Overseas Bank (IOB) Deposits Rates

Indian Overseas Bank (IOB) Deposits Rates

The latest Indian Overseas Bank (IOB) Singapore deposits rates are presented for investors today.

Image: Indian Overseas Bank (IOB) Deposits Rates.

Singapore dollar savings in the IOB savings accounts earn 0.10% per annum interest rate. Savings accounts kept in US dollars or British pounds earn 0.25% p.a. interest rates. Tenures in 12-month deposits accounts earn 0.65% per annum interest rates.

Before putting your money into financial investments, check out Indian Overseas Bank (IOB) deposits rates. Note that financial interest rates may change without warning.

We hope you find these Indian Overseas Bank (IOB) deposits rates useful.

Bank of India (BOI) Savings Deposits Rates

Bank of India (BOI) Savings Deposits Rates

We have updated the latest Bank of India (BOI) savings deposits rates. Whether you are a non-resident Indian (NRI) or otherwise, take a look at these savings deposits rates before investing elsewhere.

Image: Bank of India (BOI) Savings Deposits Rates:


Bank of India (BOI) is paying investors 0.3% per annum for Singapore dollar denominated savings accounts. Those who deposit in US dollars will receive an interest rate of 0.5% per annum in Bank of India (BOI) deposits accounts. You can earn up to 3.87% per annum if you have half a million US dollars to invest in a 12-month deposits account.

We will keep you informed about any changes in Bank of India (BOI) savings deposits rates.

Note that Bank of India (BOI) savings deposits rates may change without notice at any time.

Keep reading Singapore Savings Account Rates.

State Bank of India (SBI) Savings Deposits

State Bank of India (SBI) Savings Deposits

We bring you the latest State Bank of India (SBI) savings deposits rates.

Image: State Bank of India (SBI) Savings Deposits.


For State Bank of India (SBI) savings deposits, investors get up to 0.9% p.a. in the SBI Multi-Sweep Account.

Those who invest in SBI's Special Savings Account can get 0.55%, whereas the State Bank of India (SBI)'s Basic Savings Account pays 0.5% maximum interest rate.

The Check Plus Current Account pays a decent 0.55% per annum interest rate.

Keep reading Singapore Savings Account Rates for the State Bank of India (SBI) and other savings deposits rates.

OCBC Savings Deposits Rates 2009

Image: OCBC Savings Accounts Rates 2009.

OCBC Savings Accounts Rates 2009

The list of OCBC Savings Accounts Rates of 2009 are given here.

OCBC Moi Account Rates = 0.2500% pa

OCBC Prime Lending Rates = 5.0000% pa

OCBC Passbook Savings Deposits Rate = from 0.25% pa

OCBC Young Savers Deposits Account Rate = from 0.25% pa

OCBC Basic Banking Deposits Account Rate = from 0.25% pa

OCBC Statement Deposits Savings = from 0.25% pa

OCBC Seniorate Deposits Rates = from 0.25% pa

Kindly note that OCBC Savings Deposits Accounts Rates 2009 may change without prior notice. Do check with the bank to confirm the interest rates before using this information to deploy your money for investing.

Maybank Islamic Banking

Maybank Islamic Banking
(source: Maybank Singapore website)

These are some frequently asked questions and answers about Maybank Islamic Banking.

Is Maybank Islamic Banking only for Muslims?
No. Islamic Banking is for anyone who may wish to use interest-free banking.

If Maybank Islamic Banking Accounts are interest-free, how does it work?
Money in the Maybank Islamic banking account is kept in accordance with the Syariah guidelines.

Who has decided that the Maybank Islamic Account is Syariah compliant?
A committee of distinguished scholars who have a lot of experience in Islamic finance and the Syariah law provide guidance in the creation of Maybank Islamic Banking products.

How is Maybank's PremierOne Account-i different from Maybank's conventional current accounts?
According to Syariah guidelines, deposited funds cannot receive or be charged interest. As such, PremierOne Account-i allows customers to have a bank account without receiving interest while, at the same time, ensuring that no interest-based fees are charged.

If an unauthorised / unintentional overdraft is created, would I be charged interest or fees for using Maybank Islamic Banking products?
Under Syariah guidelines, the charging of overdraft interest, as compensation for money lent out, is not permitted. As such, no debit interest will be charged on your Bank Account.

Will money earn a profit/return from Maybank Islamic Banking?
Under the Islamic principle of Al-Wadiah Yad Dhamanah, you as the depositors place your deposits with the bank on a trust basis. Maybank as the trustee guarantees the repayment of the whole amount of deposits, or any part thereof upon your request.

You are not entitled to any share of the profits through Maybank Islamic Banking but as a means of appreciating customers, who maintain the account, Maybank may at its absolute discretion pay dividends to you.

What are the accounts and dividend rates of Maybank Islamic Banking?
Maybank Islamic Banking products are iSavvy Account-i, Savings Account-i and PremierOne Account-i. Check with Maybank for dividend details.

Thanks for reading Singapore Savings Account Rates.

NTUC Thrift Savings, Deposits Rates 2009

Image: NTUC Thrift Savings, FD and Other Deposits Rates.

NTUC Thrift Savings, Deposits Rates 2009:

The various savings and deposits rates of 2009 for NTUC Thrift Savings Accounts are listed today.

These NTUC Thrift savings, deposits rates have declined in 2009 compared to last year.

The highest interest rate is 1.22% p.a. for the NTUC Thrift Junior Savings Account. Their Bonus Savers Account and Savings Account offer 1.20% per annum interest rates for 2009.

For financial investors investing in NTUC Thrift Savings Accounts, you need to be a member of NTUC Thrift to secure some of the best interest rates for deposits accounts in Singapore.

Thanks for reading Singapore Savings Account Rates.

Finatiq Investment Account Interest Rates

Image: Finatiq investment account interest rate table.

Finatiq Investment Account Interest Rates

Singapore Savings Account Rates has updated the interest rate for Finatiq investment account. This investment account is for investors who are looking for financial investments. Through internet transactions, you can use it as a savings account as well without investing in financial products.

The latest Finatiq investment interest rates have been updated as at 6 March 2009. The latest investment account rate (which functions just like a savings account) is now 0.4%. The previous rate was 0.6% in February 2009.

Finatiq Investment Account Interest Rates have declined considerably from a high of more than 1% last year.

Thanks for reading about Finatiq Investment Account Interest Rates on Singapore Savings Account Rates.

Top 7 Online Savings Accounts Rates

Top 7 Online Savings Accounts Rates

The table below carries selected top 7 online savings accounts rates in Singapore.

If you are looking to save money in the top 7 online savings account deposits rates with the top interest rates in Singapore, here is a summary of the top 7 savings accounts rates for investing.

Top 7 Bank Savings Accounts Rates
Savings Accounts	Amount in Sg $	Rate (% p.a.)
NTUC Thrift Accounts		1.22
Fairprice Plus Savings Accounts	$50001-500K	1.00
Standard Chartered eSaver	200K and more	0.88
Maybank iSavvy	$50K and more	0.75
UOB FlexiDeposit	Above $300K	0.75
OCBC Savings Debit	More than $250K	0.65
DBS Autosave (Per)	Above $100000	0.60
Savings accounts rates subject to change without prior notice.

Thank you for following our Singapore Savings Account Rates.

Standard Chartered eSaver Rates

Standard Chartered eSaver Rates

Latest news update on Standard Chartered Bank's eSaver online savings account is brought to you by Singapore Savings Account Rates:

There is a decline in eSaver online savings account rate. Interest rates have dropped from 0.5% per annum to 0.4% per annum for online savings deposits amount less than 50K Sing dollars.

For online eSaver savings deposits between 50K Sing dollars to less than 200K Sing dollars, the online savings account rate is 0.68% per annum.

Online eSaver savings account rates for deposits from 200K Sing dollars and more is 0.88%.

There is a latest promotional interest rate of 1.5% for Standard Chartered Bank online eSaver account deposits. This special latest eSaver online savings account rate will expire at end of April 2009.

If you plan to invest money in financial investments, do check out our other savings account rates.

Keep reading Singapore Savings Account Rates to keep track of the latest changes in online savings account rates in Singapore.

Top Bank Savings Accounts, Singapore

Top Bank Savings Accounts, Singapore

In the table shown below are the top bank savings accounts interest rates in Singapore that we have selected for your investment and banking considerations.

For financial investors, banking customers, savings depositors and those looking to save money in the top bank savings accounts deposits with the best interest rates in Singapore, we present a summary of the top savings accounts interest rates.

Top Bank Savings Accounts Singapore
Savings Accounts	Amount in Sg $	Rate (% p.a.)
DBS Autosave (Per)	First $3000	0.125
	Next $47000	0.175
	Next $50000	0.325
	Above $100000	0.400
Fairprice Plus Savings Accounts	First $50000	0.50
	$50001-500K	1.00
Finatiq Investment Accounts		0.40
Maybank iSavvy	< $5000	0.25
	$5K -less than $50K	0.50
	$50K and more	0.75
NTUC Thrift Accounts		1.22
OCBC Savings Debit	First $10000	0.25
	$10001 - $50000	0.35
	$50001 - 250000	0.40
	More than $250K	0.65
POSB Passbook	First $3000	0.250
	Next $47000	0.250
	Next $50000	0.325
	Above $100000	0.40
StanChart eSaver	First $50000	0.40
	50K-up to 200K	0.68
	Above $200K	0.88
UOB FlexiDeposit	First $15000	0.35
	Next $85000	0.45
	Next $200K	0.65
	Above $300K	0.75
Rates subject to change without prior notice.

All top bank savings accounts interest rates in Singapore are subject to change without notice. Please check with your financial advisors or relationship managers before investing based on these top bank savings accounts interest rates.

Thank you for reading Singapore Savings Account Rates.

Best Thrift Savings Interest Rates, March 2009

Best Thrift Savings Interest Rates, March 2009

NTUC Thrift has one of the best interest rates for savings accounts in Singapore for the month of March 2009. However their Thrift savings account interest rates have declined from a high of 1.5% in February 2009. In order words, you are getting paid less money this month compared to previous month.

Look at the cash savings interest rates image for an idea of your investment returns for deposits in the NTUC Thrift savings accounts.

The latest and best interest rates for NTUC Thrift savings accounts and bonus savings accounts have dropped to 1.2% per annum. If you are investing in the Thrift Junior Savings Account, the best interest rate for depositing your hard-earned money in NTUC Thrift is 1.22%.

Thank you for reading Singapore Savings Account Rates.

Banks Cut Deposits Interest Rates Page 2

Banks Cut Deposits Interest Rates Page 2

A copy of The Straits Times published on 3 March 2009:

Investors looking for financial investments that can beat savings account interests rates should go ahead and invest elsewhere. Savings accounts are meant for money that needs to be placed in a safe, secure environment that allows easy banking.

If you are looking to park your hard-earned cash savings in Singapore banks, read more in Singapore Savings Account Rates.

Banks Cut Deposits Interest Rates Page 1

Banks Cut Deposits Interest Rates Page 1

A copy of The Straits Times published on 3 March 2009:

With the drop in interest rates in Singapore, investors looking for good-value investments should not park too much money in savings accounts. Investors should look for high yield investments elsewhere for investing.

Thank you for reading Singapore Savings Account Rates.

Sg Savings Deposit Interest Rates

Sg Savings Deposit Interest Rates
For Month of March 2009

Sg Savings Deposit Interest Rates
Savings Deposit Account	Amount in Sing $	Rate % Per Annum
POSB Passbook Savings	First $3000	0.25
	Next $47000	0.250
	Next $50000	0.325
	Above $100000	0.400
DBS Autosave (Per) Savings	First $3000	0.125
	Next $47000	0.175
	Next $50000	0.325
	Above $100000	0.40
OCBC Savings Debit Account	First $10000	0.25
	$10001 - $50000	0.35
	$50001 - 250000	0.40
	More than $250K	0.65
UOB FlexiDeposit Account	First $15000	0.35
	Next $85000	0.45
	Next $200K	0.65
	Above $300K	0.75
Maybank iSavvy Savings	< $5000	0.25
	$5K -less than $50K	0.50
	$50K and more	0.75
HSBC Premier Savings	First $4999.99	0.15
	$5K - $14999.99	0.20
	$15K - $49999.99	0.30
	$50K-less than $100K	0.375
	$100K and more	0.425
Hong Leong Finance Savings	$500 - $49999	0.25
	$50K - $2 million	0.375
Citibank Maxisave Account	From $10000 & more	0.15
RBS Millennium Savings	First $10000	0.0
	Next $40000	0.125
	Above $50000	0.150
Savings rates subject to change without prior notice.

Summary: Some adjustments in Singapore bank savings deposit interest rates have taken place in March since our last update. Note changes in POSB, DBS and Maybank savings interest rates.

We present a summary of the current latest selected Singapore bank savings interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS as in the table above.

Thank you for reading our comparison of current latest Singapore Bank savings deposit interest rates for POSB, DBS, OCBC, UOB, Maybank, HSBC, HLF, Citibank and RBS for the month of March 2009.

DBS, POSB Savings Accounts Rates Decline

DBS, POSB Savings Accounts Rates Decline

DBS bank has revised downwards its interest payment for its range of savings accounts including POSB Passbook, DBS Autosave (Personal) Accounts..

The latest DBS, POSB savings accounts rates details are here:

The previous DBS, POSB savings accounts rates are below:

The interest rates for POSB Passbook, POSB MySavings, DBS Savings Plus, DBS Autosave have been affected in the latest round of changes.

Thank you for reading Singapore Savings Account Rates, where we update you on the changes in the savings accounts interest rates in Singapore.

Highest Savings Accounts Rates

Highest Savings Accounts Rates

Are you looking for the highest savings accounts rates? Are you searching for the best savings accounts rates? You've come to the right bank savings accounts interest rates comparison site.

Today we highlight the top savings accounts with the highest savings accounts rates in Singapore for the month of March 2009.

For savings accounts sums of $50,001 and more:

Fairprice Plus Savings Accounts = 1.00%
Maybank iSavvy Savings Accounts = 0.75%
Finatiq Accounts = 0.60%

For savings accounts sums between $5000 to $49999:

Finatiq Accounts = 0.60%
Fairprice Plus Savings Accounts = .050% (dropped from 1% with effect from 1 March 2009)
Maybank iSavvy Savings Accounts = 0.50%

For savings accounts sums below $5000:
Check our latest list of Singapore licensed banks and financial institutions interest rates here.

Before you bank on other financial investments, take your time to explore our savings accounts interest rates write-ups. Find out where the best banking, savings and investment accounts with the best rates in Singapore are, to save your money for investing.

Thanks for comparing savings accounts interest rates at Singapore Savings Account Rates, where we bring you the highest savings interest rates.