If you are looking for the best saving accounts in Singapore, this article is for you. In 2022, due to the spiralling inflation, the US Fed has raised interest rates by over 4+%. Even though this is detrimental to the equities market, this has raised the interest rates for banks.
As a result, we have seen banks in Singapore raising their Fixed Deposits and Savings Accounts interest rates. When it comes to choosing a savings account, there are many factors to consider. The interest rate is important. However, you also need to consider the balance and the different products you may need to purchase to qualify. We’ve done the research and we’ve compiled a list of the best saving accounts in Singapore for 2022. So if you’re ready to start saving, read on to find the perfect account for you.
Best Saving Accounts #1: DBS Multiplier Account
One of the more well-known savings accounts is the DBS Multiplier Account....