This year, I was approached to provide an insight on the best savings account to achieve the highest interest rate. Before proceeding further, I have broken down the definition of savings account into the following categories: 

Active Savings Accounts: Savings accounts that require accountholders to complete certain prerequisites such as crediting of salary or credit card spending in order to receive higher interest.Passive Savings Accounts: Savings accounts that does not require accountholders to complete certain prerequisites to receive interest. Generally have lower interest compared to active savings accounts. With the proliferation of savings accounts offered by various financial institutions, It's no wonder that we are often indecisive and paralyzed by an overload of options. In this post, we will examine 6 active savings accounts, as well as to find out the best combination to earn the highest interest on your savings. For ease of drawing parallel, I have cast aside the onerous hurdles for insurance/loan/unit trust and only...