Invest
Shifting from CIMB Fastsaver to Singlife
By Simple Budget, Simple Life  •  August 29, 2020
In my earlier post, I shared the breakdown of my $300k+ cash with most of it parked in CIMB Fastsaver. That was because CIMB Fastsaver was giving out 1% interest without me having to jump through hoops. However, the rates have now revised downwards to an effective 0.825%. I was suddenly reminded that Singlife not only provides 2.5% for the first $10k, but also awards 1% for the next $90k. As such, I've decided to transfer up to $100k to Singlife. 
I've been using Singlife for the past 2 months. However, I've only been putting $10k to receive the 2.5% interest which is 🤯 Each month, I look forward to seeing the interest generated. For the past 2 months, I've been getting $20.28 and $20.95....and withdrawing it out immediately LOL. The good thing about Singlife is you can withdraw and top up any time without penalty. It will...
Read the full article
By Simple Budget, Simple Life
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance