How To Grow Money Faster In Banks

Tired of meagre interest rates? Check out these enhanced regular savings plans.

By Kelvin Low      28 January 2020

Bonus$aver Account

0.1-3.88% p.a. Interest
Standard Chartered Bank (Singapore) Limited

Standard Chartered offers up up to 3.88% per annum on the first S$100,000 in the Bonus$aver account by crediting salary and paying bills through GIRO, spending with Bonus$aver credit or debit card, investing with a Unit Trust or insuring with a regular premium insurance policy.

BOC SmartSaver

0.80-3.55% p.a. Interest
Income credit via GIRO, minimum S$2,000
Bank Of China (BOC)

BOC SmartSaver is a savings plan for BOC Multi-Currency Savings (MCS) account holders to earn bonus interests on top of the prevailing interests. Earn up to 3.55% p.a. on the first S$60,000 by using the account for: Card spending, salary crediting and bill payments via GIRO or BOC Internet Banking.

Maybank Save Up Programme

0.1875-3% p.a. Interest
Minimum S$500 deposit
Maybank Singapore Limited

Maybank’s programme offers a higher interest rate for users who sign up for other services such as loans, insurance and investments. Maybank’s offering stands out as it requires one type of GIRO transaction: Salary credit or bill payment, to qualify for the bonus interest rates.

CIMB FastSaver account

1-1.8% p.a. Interest
Minimum S$1,000 deposit

CIMB’s plan offers 1.00% p.a. for the first S$50,000 balance; 1.50% p.a. for balances above S$50,000 to S$75,000 and 1.80% p.a. for balances above S$75,000 to S$100,000. No other terms and conditions required.


SAFRA Tampines Upgrades

Fresh from an improvement, this clubhouse celebrates the new milestone with much fanfare.

Never The Twain Shall Meet?

As two disparate food cultures, Spanish tapas and Asian hotpot could not be more different. Or are they?

Master Commander

Ruminations of National Service and fatherhood.