Which bank has the highest interest for savings account?

Which Bank Has the Highest Interest for Savings Accounts?

When choosing a savings account, the interest rate is a key factor to consider. A higher interest rate means that your money will grow faster over time. However, it is important to compare interest rates from different banks before choosing one.

According to a recent survey, OCBC’s 360 Account目前利息最高的储蓄账户 offers the highest interest rate for savings accounts in Singapore. The 360 Account offers a potential 7.65% return, which is higher than the 7% offered by BOC SmartSavers and the 6% offered by UOB Ones.

However, it is important to note that advertised interest rates often involve bonus criteria. For example, the 7.65% interest rate from OCBC’s 360 Account is only available if you meet certain criteria, such as depositing a minimum amount of money each month and making a certain number of transactions. If you do not meet these criteria, you will earn a lower interest rate.

Therefore, it is important to compare the interest rates from different banks carefully before choosing one. Consider the bonus criteria and make sure that you can meet them before opening an account.

Here is a table that compares the interest rates from different banks in Singapore:

Please note that this table is for illustrative purposes only. The interest rates and bonus criteria from different banks may change over time. It is important to compare the latest rates and criteria from different banks before choosing one.