Saturday, May 14, 2016

Best Saving interest with no lock in period

Intention is to meet the saving purpose with liquidity. So, I will not be interested to increase amount in investment or insurance.

Below are possible returns:
#1) OCBC 360: 1.2%+ 0.5% + 0.5%
Source: http://www.ocbc.com/personal-banking/accounts/360-account.html

Limitation: Cap at $60k.
Requirements:
1. Credit salary of at least $2000 --> 1.2%
2. Make 3 payments online --> 0.5%
3. Spend at least $500 on OCBC cc --> 0.5%

Tada! Easy cash for $114.63 per month.


#2) Standard Chartered DASH: 2% (from 1 March to 31 August 2016)
source: https://www.dash.com.sg/product/dash-easy/
Limitation: Only apply to first $10k
Requirements:
1. 5 dash payment with minimum spending of $5
2. $5000 month end balance

Tada! Easy cash for $16.67 per month.



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