Singapore's Best 5% Savings Account Rates

Singapore's Best 5% Savings Account Rates

In this post, we share our Little Red Dot's highest savings account rates of 5% per annum. For a savings account (NOT a fixed deposit), this 5% p.a. payout is too attractive for any Singaporean to miss.

So we present Singapore's Best 5% Savings Account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Singapore's Best 5% Savings account rates for 2014 are presented for personal information. You should re-confirm interest rates before you invest your money based on these rates.

Singapore's Best 5% Savings Account Rates Details:

The 'Bank' : CPF (Central Provident Fund) Board

The Rate : 5% p.a.

The Details:

CPF Interest Rates (01 Jul 2014 to 30 Sep 2014)
(reviewed quarterly)

Ordinary Account =2.50% p.a.
Special & Medisave Accounts =4.00% p.a.


CPF Interest Rates (01 Jan 2014 to 31 Dec 2014)
(reviewed yearly)

Retirement Account =4.00% p.a.


Additional Interest of 1%

As part of the government’s efforts to enhance the retirement savings of CPF members, an additional 1% per annum will continue to be paid on the first $60,000 of a member’s combined balances, with up to $20,000 from the OA.

This works out to be 3.5% per annum earned on the first $20,000 in a member’s OA, and 5% per annum earned on the first $40,000 (up to $60,000 if no OA savings) in a member’s SMA and Retirement Account (RA).

The additional interest received on the OA will go into the member’s Special Account (SA) or RA to enhance his retirement savings. If a member is above 55 years old and participates in the CPF LIFE scheme, the additional 1% per annum interest will still be earned on his combined balances, which includes the savings used for CPF LIFE.

Singapore's Best 5% Savings Account rates are subject to change without prior notice. You should assess the suitability of these financial products based on your personal financial investment objectives.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

Indian Bank Singapore Branch Deposit Rates

ICICI Bank Hisave Savings Account

We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

ICICI Bank Hisave Savings Account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

ICICI Bank Hisave Savings Account rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

ICICI Bank Hisave Savings Account:
3-month deposit = 0.35 % p.a.

Rates subject to change without notice.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

Standard Chartered 1.88% Bonus Saver Promotion

Standard Chartered 1.88% Bonus Saver Promotion

We present Singapore Standard Chartered 1.88% Bonus Saver Promotion rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Standard Chartered 1.88% Bonus Saver Promotion for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

Check out the best 5% p.a. interest rates available in Singapore: click here.

Standard Chartered 1.88% Bonus Saver Promotion rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

Standard Chartered 1.88% Bonus Saver Promotion:

Earn up to 1.88 %p.a. interest on your savings up to $25,000 when you charge $500 to your Bonus Saver World MasterCard Credit or Debit Card every month.

Other terms and conditions apply.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

UOB Golden Jubilee 1.2% Savings Promotion

UOB Golden Jubilee 1.2% Savings Promotion

We present UOB Golden Jubilee 1.2% Savings Promotion to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Singapore UOB Golden Jubilee 1.2% Savings Promotion savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

UOB Golden Jubilee 1.2% Savings Promotion rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

UOB Golden Jubilee 1.2% Savings Promotion Details:

Get your limited edition Singapore Jubilee Passbook Cover with a minimum $5000 top up or opening of new UOB Passbook Savings Account.

Only 100,000 Singaporeans can own this commemorative classic.

Get up to 1.2% p.a. interest during this UOB Jubilee Savings Promotion.

UOB Golden Jubilee 1.2% Savings Promotion is valid for limited period only.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

2014 Highest Savings Account Rates- August

2014 Highest Savings Account Rates- August

We present the 2014 highest savings account rates August in Singapore for you this National Day.

This is to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Check out the best 5% p.a. interest rates available in Singapore: click here.

Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

2014 Highest Savings Account Rates- August:

Standard Chartered Bank Bonus Saver Promotion = 1.88% p.a.

POSB 1.5% Savings Account Promotion = 1.50% p.a.

UOB Golden Jubilee 1.2% Savings Promotion = 1.20% p.a.

Maybank Privilege Plus Savings Account = 0.50% p.a. (Above $50,000)

RHB Trio Current Account Interest Rates = 0.48% p.a. (First $5000)

OCBC Monthly Savings Account = 0.40% p.a. (In increments of S$10 up to a maximum of S$5,000)

DBS Bank MySavings Account = 0.25%p.a. (On $1500 - $3000 monthly savings amount)

Hong Leong Finance Savers Plus = 0.15% p.a.

Rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

POSB 1.5% pa Savings Account Rates

POSB 1.5% pa Savings Account Rates

1.5% p.a. when you top-up your savings account.

Check out the best 5% p.a. interest rates available in Singapore: click here.

We share good news on POSB 1.5% pa Savings Account Rates specials today in 2014.

How to qualify for POSB 1.5% pa Savings Account Rates :

Top-up your savings account by 31 August 2014 to get POSB 1.5% pa Savings Account Rates.

Register for the promotion by 31 August 2014.

Maintain the total top-up amount till 30 November 2014.

The top-up amount to POSB/DBS savings/current account must be between S$1,000 and S$10,000 per customer, per registration. For joint accounts, the total top-up amount will be determined by the number of joint account holders who register for the promotion.

The definition of top-up amount refers to funds transferred from outside of POSB/DBS, through all cheque(s), cashier's order(s), demand draft(s), cash, FAST credit and MEPS receipt. These exclude any funds from any POSB/DBS account and funds deposited via any POSB/DBS cheque(s), POSB/DBS cashier's order(s), or POSB/DBS demand draft(s). For full set of terms and conditions, please click here.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Minimum Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Singapore savings account rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

Rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.

Maybank Singapore Dollar Fixed Deposit Promotion 2014

Maybank Singapore Dollar Fixed Deposit Promotion 2014

We present Singapore savings rates and other bank account rates to help you make your money work harder for you at Singapore Savings Account Rates in 2014.

Maybank Singapore Dollar Fixed Deposit Promotion 2014 rates for 2014 are presented for personal information. You should re-confirm bank rates before you invest your money based on these rates.

Maybank Singapore Dollar Fixed Deposit Promotion 2014 :

12-month deposit:
$25,000 to less than $50,000 = 1.10 %p.a.
$50,000 and above = 1.20 %p.a.


18-month deposit:
$25,000 to less than $50,000 = 1.18 %p.a.
$50,000 and above = 1.28 %p.a.


24-month deposit:
$25,000 to less than $50,000 = 1.28 %p.a.
$50,000 and above = 1.38 %p.a.

Rates are subject to change without prior notice at discretion of the bank entity or finance company in 2014 and beyond. You should assess the suitability of these financial products based on your personal financial investment objectives.

Keep reading Singapore Savings Account Rates, for new information on financial savings accounts in Singapore.

The Team

Singapore Savings Account Rates.