Dear readers, amidst the high costs of living here in Singapore, I believe many are like me, Saving more and (trying to) Grow one’s savings even more!
I know it could be a challenge to Save more given that for many of us, our needs are pretty much constant but prices of everyday things are getting higher. A more viable way is to scale down on our wants: those things that many of us buy to pamper ourselves. Even so, there may also be a limit to how much we can scale down our wants since many of us would like to destress, pamper ourselves a little, have some recreational activities after weeks of working hard at work.
For many, growing one’s savings seems to be one of the more simpler options to grow one’s monies these days. And with stock markets getting more volatile and interest rates getting higher, many are turning to Singapore Savings Bonds, Treasury Bills, Fixed Deposits to grow one’s savings in a risk-free manner.
There are also some savings accounts that give good saving interests as you save. One example is HL Bank’s iSavings Account. Enjoy these promotional rates as you save with HL Bank:
0.88% per annum promotional interest rates for the first S$20,000
0.88% per annum promotional interest rates for the next S$30,000
3.28% per annum promotional interest rates for the next S$150,000 and onwards
Yes, the attractive interest rates to me is the 3.28% per annum interest rate as this is higher than what some fixed deposits can offer. For more details including terms and conditions of the above promotional interest rates, visit HL Bank website .
Please note that this post is not a recommendation or an endorsement of the product featured in this post. Always do your own due diligence when it comes to investing and savings.