Dear readers, currently there are so many fixed deposit promotions and a hybrid of offerings from banks and financial institutions that reward savers with high interest for saving and performing financial transactions with them.
I will not go into details of the aforementioned and I am not also enamoured of high interest rates, of as high as 3% per annum if earning those interest rates require me to carry out too many financial transactions regularly with a financial institution (that is too much hassle).
What if you could save 2.05% per annum on your savings by leaving them in a bank and make no withdrawals?
What if you could earn an additional 0.75% per annum on your savings by depositing at least S$500 and do not make any withdrawals in the same month?
Yes, that’s right, earn a maximum of 2.80% per annum on your savings by doing the above on OCBC Bonus + Savings Account!
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