Interest Rates Tracker Spreadsheet
The current inflationary environment has caused many banks to increase their interest rates, one after the other. It is getting harder to track which bank has the best interest rates suitable for you, so I have come up with ….
DRUMROLL
…a simple interest rates tracker!
Contents
Why all that effort? Can’t I just leave my money in my savings account?
Can is can la. But your DBS/OCBC basic savings account earns only 0.05%, losing to the inflation rate of 6.7% (long-term average of 2-3%). You are losing purchasing power without realizing it. So, you know what to do now right? Don’t let inflation eat away at your hard-earned savings, keep it in a high-yield savings account or other platforms such as...
