Enjoy 1.88% p.a.* for 12 months with POSB when you top up your savings account between S$1,000 and S$1,000,000. First 10,000 customers will get a S$88 Hong Bao each! This is one of the best deals in town for a 12-month "time deposit" as funds will be earmarked for 12 months and not be available for withdrawal during the same period.
To qualify:
- Register by 28 February 2015.
- Complete a one-time top-up by 28 February 2015.
- Maintain top up amount for 12 months.
Please refer to the website for more
details.
The last time POSB introduced a similar promotion in Dec 2014, it was giving 1.5% p.a. for funds earmarked for 6 months. Seems like the interest rates are climbing much faster than expected and depositors could expect better rates in the near future.
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