Advertisement

Anonymous

09 Mar 2020

∙

What bank account is the best for freelancers - no salary credited? Also, I have $15,000 of spare cash from NS POSB-SAYS - where should I park that money? the two year will be ending in a month+?

I'm an nsf waiting for university.. and the two year 2% posb saye savings will end in about a month +. I've got about 15+k in there but now that citi maxigain is gone where else can I put that sum of money? and in future I will probably be freelancing, any saving accounts to look out for? many require a minimum salary requirement thank you!!

2

Discussion (2)

What are your thoughts?

Learn how to style your text

Lky

09 Mar 2020

You can park 10k with SingLife for 2.5% and the rest with SCB JumpStart for 2%. When you have more cash (waiting to deploy etc), you can consider CIMB FastSaver for 1% or take more risk to invest :)

Reply

Save

MT2020

09 Mar 2020

You could create a standard chartered jumpstart account which pays you an interest of 2% per annum if you are beween the age of 18-26 years old.

Reply

Save

Gabriel

09 Dec 2018

Undergraduate at National University of Singapore

Hi, you can consider CIMB FastSaver which gives 1% interest p.a and doesn't require a minimum salary...

Write your thoughts

Related Posts

I can no longer meet the conditions to earn the 2% Cash Gift in POSB SAYE Account (no monthly salary), thus receiving up to 0.25%. If that's the case, is it advisable for me to close the account and go for OCBC Frank of 0.30% for abv S$10,000 ?

What is the best bank account and credit card for people unable to credit salary monthly (freelancers)?

I have 50,000 spare cash, which bank account in Singapore offers best interest and liquidity? SDIC says to offer safe guarding for our deposit. Anyone have experiences before in this SDIC?

I'm a student & working part time. I try to save 20% of pay each month. Is scb jumpstart a good account to credit my salary and for savings? Is it easy to transfer to other bank accounts such as POSB?

Which is the best bank account and credit card for self employed that doesn't have monthly credited salary (Will put about 10k of emergency funds in it) ?

Related Products

Standard Chartered JumpStart Account

4.8

783 Reviews

Maximum Interest: 2.00% p.a. for balances up to S$50,000

INTEREST RATES

$0

MIN. INITIAL DEPOSIT

$0

MIN. AVG DAILY BALANCE

DBS/POSB Multiplier Account

4.3

329 Reviews

OCBC FRANK Account

4.7

213 Reviews

Related Posts

I can no longer meet the conditions to earn the 2% Cash Gift in POSB SAYE Account (no monthly salary), thus receiving up to 0.25%. If that's the case, is it advisable for me to close the account and go for OCBC Frank of 0.30% for abv S$10,000 ?

What is the best bank account and credit card for people unable to credit salary monthly (freelancers)?

I have 50,000 spare cash, which bank account in Singapore offers best interest and liquidity? SDIC says to offer safe guarding for our deposit. Anyone have experiences before in this SDIC?

I'm a student & working part time. I try to save 20% of pay each month. Is scb jumpstart a good account to credit my salary and for savings? Is it easy to transfer to other bank accounts such as POSB?

Which is the best bank account and credit card for self employed that doesn't have monthly credited salary (Will put about 10k of emergency funds in it) ?

Advertisement