Personal Finance
Round-up: Places to Put Savings For Higher Yields
By Sethisfy  •  February 26, 2024
The end of February is upon us and with that ends a few fantastic savings deals that you should grab before it is too late! Bonus$aver: S$368 cashback + 4.88% p.a. interest Good for: S$50,000 to S$100,000 Period: 1-2 months (or more) Deadline to apply: 29th February 2024 Yield: around bonus 6 to 8% (based on S$50,000) + 4.88% p.a. (up to S$100,000) Bonus$aver promo is coming to an end on 29th February 2024 so there are only mere days left to grab this promo. At the S$50,000 tier, I am not sure there are any other places that can get you more interest and rewards. Based on my calculation, getting $268 or $368 is about 6 to 8% p.a. yield for putting S$50,000 for around a month. Don’t forget also that you can get 4.88% p.a. pretty easily with the account so I am still using the account even after fulfilling the holding period for an older promo. That’s a lot of returns for your funds and possibly the best place...
Read the full article
By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance