RHB offers up to 1% p.a. with High-Yield savings account from 27 Jan 2017 UPDATED 6 May 2018

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Starts27 Jan 2017 (Fri)Ends***UNKNOWN***
Location RHB Bank
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Earn up to 1% p.a. interest with the RHB High-Yield Savings Account. . Valid as of 6 May 2018

High-Yield Savings Account

  • Initial Deposits: Minimum S$10,000
  • Monthly Minimum Average Account Balance: Nil
  • Fall Below Fee: Nil
  • Account Closure Fee: S$30 only if account is closed within 6 months of opening

Here’s an illustration on how much you will earn when you save S$100,000:

Deposit Amount (S$)Prevailing Interest Rates*(p.a.)RHB High-Yield Savings AccountAnother Bank’s Savings Account^
Below S$10,0000.08% p.a.S$8Interest Rate at 0.05% p.a.
Next S$90,0001.00% p.a.S$900
Total interest earned for a yearS$908S$50

Terms and Conditions:

  • ^ For illustration purposes only.
  • * Interest rates are subject to change without notice. Prevailing interest is accrued daily and compounded monthly. For balances below S$10,000 and balances above S$100,000, the base interest rate of 0.08% p.a. will apply.

Eligibility

  • Individuals (Singaporean & PR) aged 21 years and above
  • Foreigners who have valid Employment Pass and Work Permit in Singapore

Earn Without Strings Attached

  • No multiple conditions to fulfill
  • No monthly minimum balance and fall below fee
  • No lock-in period

For more info, click here

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