Personal Finance
Savings Account
By My Road To Financial Freedom  •  February 18, 2020
Jumpstart account The Standard Chartered Jumpstart account is where I put most of my cash right now. This will be a simple breakdown on why I chose this savings account. PROS High base interest rate of 2% per yearNo fall below feesNot many T&Cs (Age is the only requirement)Easy to apply forAllows money to be withdrawn without penalty CONS Capped at $20,000Only available for those aged 18-26 For more information on this please visit https://www.sc.com/sg/save/savings-accounts/jumpstart Save As You Earn Another Savings Account that I am putting my cash in is POSB's SAYE account, this is also another savings account that gives pretty high interest rate however this savings account has a lot more terms and condition which might not be suitable for everyone PROS High Interest rate of 2++% depending on the amount you deposit into it every monthEasy to apply for CONS Have to save a consistent amount every monthAny withdrawal of cash from this account will cause you to forfeit your...
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By My Road To Financial Freedom
This blog is Singapore based. 20 years old is the time for a change, I am currently out of polytechnic and am serving in the army (NS), this blog will be about anything under the sun. The main purpose of this blog is to track down my journey to achieving financial freedom and me trying to improve daily. Writing is not my strongest point any pointers or advice is much welcomed, and the same goes for financial decision as I am still learning.
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