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Singapore High Yield Savings Accounts After May 1 2020 – Part 2
By Fatty Finance  •  April 18, 2020

This is a continuation from my post on Singapore high yield savings accounts Part 1.

In part 2, I will share tips to evaluate the bonus interest requirements and how you can consistently meet them monthly.

The second section, I will share the pros and cons for each account, specifically OCBC 360, UOB One and DBS Multiplier.

Evaluating Bonus Interest Requirements

When evaluating each bonus interest requirement, I will mainly ask three questions:

Can I automate the required action?Is the cost of meeting the bonus interest requirement low?Am I already doing something similar that I could adapt to meet the bonus interest requirement?

The first question removes the dependency of effort on your part. If a bonus interest requirement requires you to monitor, perform a specific action and meet a certain threshold, it increases the odds of you missing the requirement. If you can automate it, it almost

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By Fatty Finance
My aim is to simplify finance and make it palatable for everybody. I gather only the freshest financial trends and topics, mix them together with economics, health, business, science and other quality ingredients and stew them over long hours to serve you the simplest and most wholesome meals. As this is a fairly new blog, I will be focusing on writing investment topics for now. I intend to talk about all aspects of personal finance and will continue to expand each sections as the blog grows.
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