Due to the low interest rate environment, Singapore bank deposit rates have dropped significantly. Gone are the days where one can easily meeting the banking activities and earn interests above 2% (some even more than 3%) for bank deposits. DBS Multiplier account is the only remaining account that offers more than 2% interest if one can meet the requirements. From the Hardwarezone forums, there are a few people who bought the cheapest term insurance in order to hit the four banking activities for higher interest for the next twelve months. I am not advocating this because insurance should be bought based on one’s needs. Nevertheless, if one has more than the S$50,000 or S$100,000 in his or her DBS Multiplier Account, where should one park the extra cash? During my search, I found out something about Maybank’s Save Up programme that I never knew about the programme and I hope to share this with the readers....