For savings of up to $15k, the Singlife Account is preferred because it offers the highest interest rate among the shortlisted options. Read on for more detail!
For individuals who have more savings, I would next opt for ELASTIQ. On a cumulative basis over three years, the guaranteed 1.8% p.a interest rate will result in higher returns compared to the other options analysed. Read on for more detail!
Most important factors to consider
In selecting the best place to park emergency funds and savings, the most important factors to consider would include: Safety: Negligible risk to...
