Choose The Right Savings Account To Earn High Interest With No Multiple Conditions

This article is written in collaboration with CIMB Bank. Views expressed in the article is the independent opinion of DollarsAndSense.sg.

(Interest rates have been updated on 5 November 2019 and are subject to change in future. Please refer to CIMB Bank’s website for the latest rates and promotions.)

Where you save your money is just as important as how much you save.

There are many different types of savings accounts in Singapore. There are the ones that require you to credit your salary and perform other transactions in order to earn higher interest rates.

Read Also: [2019 Edition] Best Savings Accounts for Working Adults in Singapore

Savings Accounts With No Multiple Criteria Required

There are also savings accounts that do not require you to jump through hoops in order to be rewarded with a decent interest rate. One example is the CIMB FastSaver Account, which is a no-frills savings account that gives you up to 1.50%* per annum in interest.

The CIMB FastSaver is a good option for those who have already maximised the interest they can earn with their current savings account and who are looking for a new savings account to park additional savings.

CIMB FastSaver Account gives you up to 1.50% per annum in interest and takes just 10 minutes to set up online.

CIMB FastSaver Travel Draw

CIMB is offering customers a pair of Business Class Tickets and 5-star hotel accommodations to locations across the globe, whilst taking care of their leave allowance at the same time.

Once CIMB has 100,000 FastSaver Accounts opened, one lucky customer will take home the Grand Prize* of a trip around the world!

Find out more about the CIMB FastSaver Account and Travel Draw here.

*T&Cs apply.

Read Also: 5 Types Of Savings Accounts That Every Singaporean Should Have

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