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Tones of Pink

 

iSAVvy Savings Account

Mr Heng is correct, Maybank's iSAVvy Accounts is indeed another good catch, here's how it works:

Daily balance below S$5,000 - 0.25% p.a.
Daily balance of S$5,000 to below S$50,000 - 0.50% p.a.
Daily balance of S$50,000 and above - 0.75% p.a.
Interest-on-interest every 6 months(for avg monthly bal of at least $5k) - 6.00%

Effective from: 09 April 2009

To define interest on interest, it means, if u earn an interest of $200, they will top up another 6% on the $200.

Open a new account with Maybank with a min of $10, and maintain $500 monthly to avoid the $2 service fee deduction.

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