Over the National Day celebrations, there was much online discussion about finding a new savings account. This came after GXS announced that it will be cutting the interest rate on its GXS savings pockets to 2.68% p.a. with effect from 17th August 2023.  Some OCBC customers were also upset after the roll out of a new security feature prevented users from logging onto their internet banking and OCBC Digital app.  Coincidentally, we also started to see MariBank starting to offer its Savings Account to more customers this week. With interest rates starting to come down, it is no wonder that someone in the Beansprout community shared that we should “grab them while they last” How will falling interest rates affect the 6-month Singapore T-bill? We look at what the latest indicators are telling us about whether it might be worthwhile subscribing to the upcoming auction on 13th August.  If you're...