Hi Everyone, to my surprise that the recent interest rate from all Banks are relatively Pathetic.
Base on Average Person save a month $200, $2400 a year
> DBS - 0.05% ($1.20 interest)
> OCBC - 0.05% ($1.20)
> UOB - 0.05% ($1.20)
> HSBC - 0.01% ($0.24)
> Standard Chartered: 0.1% ($2.40)
> Citibank Step Up Interest - 0.01% up to max of 0.13% ($0.24 to $3.12)
OMG can we really depend on Bank Interests rate to grow our money? When the inflation rate currently now is 5.5%?
No comments:
Post a Comment